South African Casino Payment Methods
Playing at your favourite online casino should be a breeze. You want to know that you’re getting instant access to only the finest games, and that you’ll regularly be treated to the best casino offers. One of the areas that often gets looked over, however – is the payment methods available at South African online casinos. It’s all fun and games until you realise that the casino you’ve just signed up with doesn’t have your preferred method of payment.
Whatever the motivation, finding a South African online casino that has a variety of trusted payment methods is key. On this page, we’ll outline the importance of choosing the right casino payment method, and we’ll detail the most popular payment methods available to Saffers.1VoucherBlu VoucherFlash VoucherMastercardOTT VoucherOzowPayfastZapper
Why Choosing The Right Casino Deposit Method Is Important
Choosing a payment method may seem like a straightforward decision. But with many choices comes great responsibility.
Since there are so many payment methods available to you, it’s important that you understand what each offers, and what this means for your casino play. For example, if you’re interested in cashing out your wins as soon as possible, you’ll probably want to consider doing your casino transactions with a web-wallet or crypto payment method. If you want to save on costs, you’re definitely going to want to go with an option that has low fees – one of the big selling points of crypto-based payment methods. Security is a no-brainer, and most (if not all) payment methods available at licenced and reputable online casinos use payment merchants that have airtight security measures in place (this, on top of the casino’s own Secure Socket Layer encryption measures). If you’re nervous about using anything aside from the more ‘traditional’ payment methods, you’ll likely use your debit or credit card.
In essence, it’s important to consider the following when choosing a payment method:
- Most casinos require that you make deposits and withdrawals using the same payment method.
- Some payment methods cannot be used to take up your welcome offer – read the terms of the offer and confirm which payment methods are the exception.
- Some payment methods pay out within the same day, or take a few days to clear. Many players flock to crypto casinos because of their lightning-fast payment speeds.
- At the end of the day, the decision lies solely in your hands – and you need to choose the payment method that’s most convenient for you.
So, rather than you having to scrounge the web looking for the pros and cons of each to figure out which one is right for you, we’ve listed the most popular types of payment methods available to Saffers below. With this information, you can make an informed decision within a few minutes, and can start using your chosen payment method straight away!
Types Of Payment Methods At Casinos
There are a plethora of great payment methods available at online casinos, and we’ve listed the most popular types for you below. These include:
- Debit and credit cards
- Mobile payment services
- Prepaid vouchers
- Bank transfers / electronic transfers (EFTs)
Let’s take a look at each one of these in depth.
E-Wallet Payments At Casinos
E-wallets provide a cashless payment solution to South African gamblers, allowing them to easily store their funds in a secure and convenient location.
Once you’ve created an e-wallet account, you are able to add money into your account, and can use this e-wallet to complete transactions at any online casino in South Africa.
Could e-wallets be the future of online casino payments? Very possibly – especially considering the current demand for this type of payment method. E-wallets have seen a massive update in consumer usage in South Africa – becoming one of the leading payment options, as detailed in a survey by Statista.
Some of the most popular e-wallets that you can use to play at a South African online casino include:
Interested in the many benefits associated with gambling using an e-wallet? We’ve got tons!
Advantages of using e-wallets:
- Faster transactions
- Widely available at South African casinos
- Low fees (if any)
- Can be used for deposits and withdrawals
- Secure: you do not share your financial details with an online casino when using an e-wallet
- Easier to open: simply find an e-wallet provider online and sign up instantly
Card Payments At Casinos
Currently, credit and debit cards are among the top of the most popular payment methods for South African casino players. They’re seen as a more reliable way to transact, are convenient to use, and most South Africans who gamble online have one.
Transacting with a debit or credit card at an online casino is simple: you add your card details once you’ve selected the card type in the casino’s cashier, and your deposit will reflect in your casino account instantly. The only downside is that cards usually take longer to process cashouts – with a waiting period of up to 72 hours.
Common cards used at South African online casinos:
Advantages of using cards:
- They’re convenient
- Most South African casino players already have one
- They’re safe to use
- Widely accepted at online casinos
- Can be used for both deposits and withdrawals
Cryptocurrency Payments At Casinos
Since the inception of the first ever cryptocurrency in 2009 (Bitcoin), many crypto South African online casinos have adapted their product offering to cater to this payment method – either offering a hybrid of crypto and fiat currencies, or developing a purely crypto product. The crypto casino industry has seen a massive user base boom since the first crypto casino was established in 2012. Many casino players are drawn by the allure of security, anonymity, and fast transactions this method provides.
Advantages of using cryptocurrencies:
- Lightning-fast withdrawals
- Sophisticated security
- Lower transaction fees
- User anonymity
- Full autonomy, as you are not using a third party processor, such as a bank
Mobile Payments At Casinos
Not only can you use your mobile device to play your favourite games on the go, you can use it to deposit and withdraw funds from your casino account, too! Mobile payment options such as Apple pay and Google Pay provide gamblers with a quick, convenient, and safe way to transact online.
Advantages of using mobile payment services:
- Faster than credit and debit cards
- Usually no fees charged outside of bank or data fees
- Widely accepted at online casinos
Prepaid Voucher Payments At Casinos
Vouchers are a very popular payment method at online casinos in South Africa for the simple fact that you are not required to link your bank account to them. This means that your bank details never have to be shared – something that many safety-weary gamblers are concerned about. When using a voucher, you purchase it from a retail outlet or online, and specify the value of the voucher. That way, your funds are stored directly on the card, and can then be used to gamble at any supporting South African casino. The one con with vouchers is that you are not able to make withdrawals using this payment method.
Advantages of using prepaid vouchers:
- Widely available
- Can be monitored on your mobile device
- Safe to use
- One of the easiest ways to control how much you’re spending
Bank Transfer/EFT Payments At Casinos
Bank transfers, or EFTs, are available at most South African online casinos. You’re simply required to login to your bank account and transfer the funds into your casino account. This isn’t the fastest payment option around – as deposits and withdrawals could take up to 48 hours to reflect, which is not ideal if you want to start gaming straight away or are looking for a quick cashout. However, many casino-goers use this payment method because of the safety element. It’s also a great alternative to using your debit or credit card.
Advantages of using Bank Transfers:
- Supported by all major banks
- Widely accepted at online casinos
- Does not require you to share your bank details
Getting The Fastest Casino Payouts at ZA Casinos
Getting your wins instantly is a massive perk, and it’s something all casino players want. No one wants to sit around waiting for their wins to reflect – and that’s why fast payout casinos are all the rage in South Africa (and around the world). Use this guide to help you on your quest to find the fastest payout casinos or take a gander at some of our other pages to find some of our top rated South African casinos.
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