Casino Payment Methods South Africans Can Use To Deposit
You may have done your homework by comparing casino bonuses, checking their game collections and software, and even checking their licensing, but another important factor to consider is what payment method you should use to make deposits into your casino account. Although most casinos accept Visa or Mastercard credit and debit cards, there are alternative payment methods available, but which ones should you consider using?
We take a look at some of the best payment options that are available to South African players and highlight the advantages of each method. When comparing payment options, you need to know whether that option is safe, easy to use and widely available at online casinos. You should also think about what would happen if you hit a big jackpot. What are the maximum withdrawals allowed for each payment option? Some payment methods are also slower to process transactions than others, so we also compared withdrawal methods to see which ones will give you fast payouts. Here are some of the best payment options for South Africans to use at online casinos.
Visa or Mastercard
If you are looking for convenience, Visa or Mastercard are the easiest ways to deposit money into your casino account for two main reasons. The first is that most of us already have a credit or debit card, so you do not have to open a new account with a different payment option before you start playing. The second reason is that these two brands are the most widely available payment options at casinos worldwide, so it unlikely that you will find a casino that does not accept them. Due to built-in security measures, including two-step authentication, it is safe to use your credit or debit card to fund your account at a reputable online casino.
There are some disadvantages to be aware of, though. Generally, even though deposits will reflect instantly, withdrawal times for Visa or Mastercard transactions tend to be longer than web wallets. Some banking institutions may also block payments to betting sites, so you may need to contact your bank for assistance. Another small drawback is that using your day-to-day cards for your online gaming may make it difficult to track your play expenses. In addition, some players prefer not to have gaming transactions appear on their credit or debit card statements, and choose web wallets or cryptocurrency instead, to give them additional privacy.
If you do not want to sare your card or banking details with an online casino, one of the easiest methods to use instead is EasyEFT. This relatively new payment option allows you to make a transfer directly from your bank account to your casino account through the secure EasyEFT platform. This system of payment is connected to most South African banks, including Nedbank, FNB, Standard Bank and ABSA. Transfers through this system are relatively quick, very secure and carry low transaction fees. Withdrawals are processed within a couple of working days.
The main advantage of using EasyEFT is the protection of your banking details. It is also a convenient payment option because, unlike web wallets, you do not need to transfer funds into a separate account first. Your money will be transferred directly from your bank. EasyEFT is operated by South Africans from a base in Mauritius and is rapidly gaining popularity as a safe alternative to credit or debit cards. Because of this growing popularity, it is becoming widely available at South African casinos.
EcoPayz is an online payment solution that works like a virtual debit card or web wallet. For many years, it was predominantly a European payment solution, but several South African banks have since been added to the EcoPayz platform. This means that South Africans can now create a free EcoPayz account, send funds directly from their bank accounts to their EcoPayz accounts, and use this system to make online transactions at online casinos.
EcoPayz offers several advantages. You do not have to share your credit card, debit card or personal banking details with the casino you choose, and any gambling transactions will not reflect on your personal account either. Sending money to your EcoPayz account from participating South African banks is easy and straightforward, and you can easily track your gaming expenses by separating them from your usual transactions. When you use EcoPayz to fund a casino account, simply choose the option from the deposit options menu and follow the instructions. It is a simple, safe and convenient payment method to use for casino gaming.
There are a few disadvantages to using EcoPayz. Some casinos do not allow you to use this as a withdrawal method, so this is something you need to check before you choose this as a payment option. If the casino does allow the withdrawals, you also need to check the withdrawal time. You also need to be aware that, like most other web wallet or virtual card solutions, EcoPayz will charge transaction fees. These costs are not huge but need to be factored into the decision-making process.
Skrill used to be known as Moneybookers and was one of the first reliable payment methods available to gamblers online as an alternative to credit and debit cards. It has had many years to build its reputation as a safe and reliable way to fund casino accounts around the world and is now available to South African players too.
To use this payment option at South African online casinos, you need to create your free Skrill account first. This process is quick and simple and takes just a few minutes. Once you have your account set up, you need to load it with funds. Skrill provides multiple options to do so, but the simplest are debit cards, credit cards or linking your bank account.
Using Skrill has several advantages. One of the main advantages is the widespread availability, thanks to its long history as a casino funding method. Skrill is also one of the most cost-effective payment options available, with below-average transaction fees. Withdrawals to Skrill accounts last tend to be processed quicker than Visa or Mastercard transactions. However, one of the disadvantages to this payment option is that Skrill deposits are excluded from receiving certain casino bonuses. If you would like to take advantage of a tempting casino welcome offer, check the terms and conditions first to find out if your Skrill deposit would be eligible.
Most South Africans are familiar with PayPal, but unfortunately, this method is not widely available as a payment option at ZAR online casinos. Neteller is a safe, reputable alternative. Like a PayPal transaction, you only need your email and password to make an online payment into your casino account through Neteller. There are differences between the two methods, though. PayPal allows you to make a deposit directly from your linked card or bank account, but Neteller is a web wallet, which means you have to put some money into your Neteller account before you can spend it. One of the benefits of having a separate wallet for your gaming is that it is easier to track your casino spend.
You can set up your Neteller account for free online in just a few minutes, and you can use your credit or debit card or a number of other payment options to send funds to your web wallet. You can even use cryptocurrency to fund your Neteller account. Gamblers around the world have been using this method for many years to fund their casino accounts safely, so you have the peace of mind of knowing that this is an option that is tried and tested.