Best Payment Methods At Online Casinos In South Africa

Africa Bet Banking
by George Abebe
| 21/11/2021

As a savvy South African who enjoys playing online casino games, you will want to make safe, swift, secure deposits and withdrawals from your favourite mobile casino websites.

Online casinos and sports betting sites in South Africa feature a varied selection of banking options players and bettors can choose from. Some are tried and tested but others might be completely new to you. For your peace of mind, you must familiarize yourself with the best payment methods that real money casino sites offer prior to registering a new player account.

We have done all the research for you and prepared a list of some of the most popular banking options for both sports bettors and online gamblers in the country. No matter which forms of entertainment this helpful guide will allow you to make an informed choice before signing up to play.

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Best Online Casino Banking Options In South Africa

South African real money casinos give players a good choice of banking alternatives when making their deposits or cashing out their funds and winnings.

Credit and Debit Card  

These are the most popular payment options and for good reason. Millions of transactions are made via credit cards daily and this is reflected in  South Africa's casino's account. With Visa, and MasterCard as the most widely used options as they are the most widely held accounts. Players are required to disclose their 16-digit card number and the rest of the details on the card, name, and enter the amount they want to deposit, then quickly confirm all their details to complete the deposit. The deposit should immediately reflect in your balance.

While most casinos will enable you to choose the same credit or debit card options to make a withdrawal, Maestro is a less popular alternative for making withdrawals at South African casinos online. This means that deciding to make your deposits via Maestro may force you to choose a different method to cash out your potential casino winnings.

South Africa online casino payments

e-Wallets

Casino players in SA can also fund their accounts with the help of e-wallets or electronic wallets. The process is instant and anonymous, which means players are not asked to share their revealed financial details with the respective casinos. Neteller, Skrill, and PayPal are some of the most popular e-wallets used in South Africa for both deposits and cashouts.  

  • Neteller-receiving money does not incur fees at Neteller. The speed and efficiency make this eWallet a great choice for online casino players.
  • Skrill-it makes moving money easy and fast. Its simplicity and security mean skrill casino banking is becoming one of the most popular payment methods in South Africa.  
  • Paypal-this trusted online payment processor is easy to use and is well known for its excellent customer service.
  • ecoPayz-one of South Africa's most popular payment options comes in the form of a credit card that you load and use securely online without having to have a credit check. 

SID Instant EFTs

This is a fast solution for online casino players from South Africa who wish to use the money from their bank accounts without using their credit cards when wagering. This payment option enables users to make direct transfers from their online banking accounts to their online casino balances, with instant clearance at the end of a secure process.  

EasyEFTs

These are unique payment methods developed for online casinos in South Africa and are increasing in popularity. They enable the electronic transfer of rand between players' bank accounts and their online casino accounts rather than holding the money in an account. The deposit is instant allowing for players to start playing immediately. To access your winnings it can take as long as a regular banking withdrawal.

Deposits and withdrawals via EasyEFT are completed by selecting EasyEFT from the casino's list of accepted payment options and closely following all on-screen instructions. Players must choose their SA bank from a list of banks including FNB, Nedbank, ABSA, Investec, or Capite, and wait to be redirected to their online banking profiles. Here, they will be prompted to complete their deposits or cashouts.

Bitcoin and Other Cryptocurrencies

South African online casinos have also started accepting Bitcoins and other crypto coins as banking methods players can use to keep their transactions and online activity anonymous. The deposits and withdrawals are almost instant and they do not ask players to reveal their credit card or banking information. Look out for online casino bonuses for players who pay with bitcoin and cryptocurrency.

Top Banking Methods For Sports Betting Sites In South Africa

South-Africa-online-casino-paymentsAs well a the above payment methods South African sports betting sites have some additional payment methods which are not found in online casinos. 

1Voucher

Punters must buy their 1Voucher from an online store. They then fill in their 1Voucher PIN on the sports betting site they selected and watch their online account be instantly topped up with the value of the purchased 1Voucher. Sports bettors in South Africa who do not own a credit card or have a bank account can use this method to easily top up their online betting accounts in a safe manner.

OTT Vouchers

OTT vouchers work similarly to 1Vouchers. Bettors can find them at over 75,000 outlets located throughout the country. Once a purchase has been made, bettors need to use the voucher's pin found at the bottom of the till slip and simply top up their online sports betting accounts.

1ForYou Vouchers

These are digital payment vouchers in lieu of cash so sports betting enthusiasts in SA can easily get their cash online, complete payment, and instantly top up their wallets. This payment method does not require a bank account.

Ozow

Ozow is a trusted payment method for many online South African businesses. There are no hidden fees or the need to register your cards with this site as you transfer funds from your bank account. 

Online casino players and sports betting punters can pay via online bank transfers or pay-by-phone solutions.  These secure payment methods have started being used more widely in South Africa. Each of these online casinos and sports betting banking methods come with their own pros and cons, so the ideal payment method for you should always be the one that is most compatible with your needs.

When Choosing Online Casino Or Sports Betting Banking Methods

  • Online casinos and sports betting sites in South Africa have differing lists list of banking methods for deposits and withdrawals.  

  • Always pay attention to the payment alternatives accepted by a gambling or betting venue prior to signing up for an account.

  • Read the security policy of the casino and how it protects players' financial transactions.

  • If you cannot find a list of all payment methods used by a casino online for real money or a sports bookie in South Africa on the dedicated banking page, contact customer support.

  • Ask if a venue supports ZAR deposits and cashouts and whether they charge any additional fees for making a deposit or withdrawal.

  • Carefully read the terms & conditions.

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