Easy EFT VS E-Wallets Which Payment Method Comes Out On Top
For South African players, never before have there been so many online casinos available for South African players. Players from South Africa can transact with Rands and use a large variety of payment providers, including e-Wallets and EasyEFT. In our article, we will be looking at both these payment providers in some detail. Easy EFT vs. E-Wallets, which payment method comes out on top? Keep reading and find out more.
For online gambling enthusiasts, finding a new casino to play at means finding a casino that’s licensed, honest and secure to play at, and that’s not always an easy thing to do. There are literally thousands upon thousands of online casinos, but not all of them offer an honest casino service. Playing at regulated casinos ensures safety and security and when you play at our listed casinos, you can be absolutely sure that they offer everything that makes a top-quality casino: they are licensed by a respected iGaming Authority, offer a huge library of slots and table games and a large variety of payment methods including e-Wallets Skrill, Neteller and ecoPayz and EasyEFT.
What is EasyEFT?
Especially for South African players, EasyEFT is very simple and easy to use the casino banking system. When you fund your casino account with EasyEFT, much like an e-Wallet, there is no middleman and no currency conversion required as all transactions are carried out in the South African Rand. On the go players also benefit from making their deposits with EasyEFT as payments can be made straight from desktop or a mobile device.
Based in Mauritius, EasyEFT offers fast and secure deposits and withdrawals at ZAR Casinos and some of the best bonuses available online. Starting your gaming adventure with casino bonus money and a Free Spins Bonus means extended gambling time and playing longer. Using EasyEFT to deposit and withdraw ensures very fast payments and speedy and reliable transactions. With top of the range security, EasyEFT casinos offer cutting-edge security and two-factor authentication to keep your accounts completely safe.
EasyEFT Casinos
Playing at EasyEFT Casinos means enjoying hundreds, if not thousands of the best slots and casino games available online. Powered by top software companies like Microgaming, NetEnt and Playtech, players will not be short of options. EasyEFT Casinos are also all about big bonuses and promotions, tournaments, Drops & Wins and many more ways to keep your online gambling exciting and fresh. To make your deposit at one of our listed and recommended EasyEFT Casinos, you will need to register an EasyEFT account at easyeft.co.za. Once your account is ready you can select EasyEFT as your payment option at the casinos’ cashier. To make your deposit, click on the available banking options, select EasyEFT and then enter your deposit amount. It’s as simple as that, and as soon as your deposit is made, EasyEFT deposits are instantly available.
Easy EFT Advantages, Pros and Cons
Using EasyEFT to make your online casino deposits is done very easily through an instant bank transfer. It’s not necessary to pay by using a credit or debit card, and your funds are immediately transferred from your bank account to the casino.
EasyEFT offers certain advantages that will make your life easier. The first and most useful aspect of EasyEFT is that you can make instant deposits to your preferred casino and as such, you can get down to the business of gambling in no time. Unlike bank transfers, which can take up to several days to clear, EasyEFT transactions are instantly processed and your funds will be back in your account within 24 to 48 hours.
Another excellent feature of EasyEFT is that it is completely free of charge, quite unlike e-Wallets that still come with a small transaction fee. EasyEFT is more economical than any of the other payment providers and besides the sheer convenience of using a local payment processor, for South African online gamblers, EasyEFT combats fraud and is the perfect payment option for South African players.
Pros:
- No charge for users
- Instant deposits
- No need to provide bank details to the casino
- ZAR supported
Cons:
- Only available for South African players
What is an e-Wallet?
Among the fastest way to deposit and withdraw for South African players, e-Wallets offer fast withdrawals and very secure transactions. Electronic Wallets come with many advantages, for starters, players don’t need to expose their bank account details, transactions are anonymous and transacting with e-Wallets is 100% secure. E-Wallets are the perfect alternative for players that deposit regularly and want to avoid the hassle of manually entering their card information every time they gamble online.
As more and more people have started spending money at online casinos, the need for increased security and convenience with online payments was met by e-Wallets. A type of electronic cash that can be used to make deposits at casinos through a computer or smartphone, an e-Wallet acts as its own virtual credit or debit card which is to your bank accounts.
E-Wallet Casinos
When you play at e-Wallet Casinos, you will come across payment providers such as Skrill, Neteller and ecoPayz, the most popular e-Wallets available online. If you’ve ever transacted with PayPal, then you’ll know exactly how an e-Wallet works. There’s no need to expose any of your bank account or credit or debit card information and all your transactions are anonymous as you will never have to divulge any card details to the casino sites.
To make a deposit, log into your favourite casino and navigate to the My Account section, then look for the Deposit option and select either Skrill, Neteller or EcoPayz from the available options. An important consideration when using e-Wallets Neteller and Skrill to fund your casino account is that not all online casino make their bonuses available when depositing with e-Wallets. Always read the Terms and Conditions to find out what the limitations are for accepting a casino Welcome Bonus and Free Spins Bonus.
E-Wallets Advantages, Pros and Cons
One of the biggest advantages that e-Wallets have over more traditional methods is their ease of use. You simply select your preferred e-Wallet provider at the cashier and enter the amount you wish to deposit. When it’s time for withdrawals, while Bank Transfers and credit and debit cards take up to five working days to process, e-Wallets are lightning-fast and your money will be back in your account in up to 24 hours.
Pros:
- Electronic wallets offer top security and protection as you won’t have to disclose any personal details to the casino.
- You can remain anonymous as you will never have to reveal your name or card details.
- Very easy to set up and use with only a password required
- Faster withdrawals.
Cons:
- Electronic Wallets are phone dependent and if you should forget your mobile device at home or the battery runs out, then you won’t be able to deposit.
Conclusion
So then, Easy EFT vs. e-Wallets, which payment methods come out on top? The good news for South African players is that both payment providers offer an excellent way to make your deposits and withdraw your wins. Both payment methods offer easy deposits, fast payouts, top of the range security, and anonymity. There’s no way of saying which is better as they are both excellent payment providers. The only difference between the two is the fees, EasyEFT comes free of fees and e-Wallets charge a small amount, but other than that, both are trustworthy and convenient payment providers for South African players.