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Secure Payment Methods Supported by South African Casinos

One of the most important things to look out for in an online casino is the list of payment methods supported by the gaming site. This list contains all the ways that you, the player, could use to make a deposit of funds into your casino account and withdraw your winnings. 

At OnlineGamblingSA, we’ve done the hard graft for you: We have searched the internet for the best online casinos that are suitable for South African gamblers, and chosen those that support the best online payment methods for you. We’ve whittled the choice down to those that have online payment options that are South African-friendly, and that allow you to pay in ZAR. Most importantly, our list of payment methods incorporates only those sites that we deem safe and secure.

Written by

Robert Kruger
Robert Kruger
clockReading time 4 minread

Look out for gaming sites that carry online casino payment options such as credit cards, debit cards, Easy EFT, SID, local bank transfer, Skrill and Neteller.

Debit Cards

Similar to credit cards, debit cards are a safe and practical way to pay for your online casino entertainment and give you greater control over your spending habits. We recommend online casinos that support debit cards such as Visa Electron and MasterCard Maestro, two excellent banking methods for South African players.

Credit Cards

One of the simplest ways to transfer funds into your online casino account is by using familiar credit cards. Among these, you will find Mastercard and Visa. Look out for your credit card’s logo in the cashier section of the site to make sure that the card is supported. To make a deposit or withdraw your funds, simply fill in your credit card details (as you would by doing any online transaction) and the casino will take care of the rest. Credit cards are among the safest methods to use when funding online casinos or withdrawing winnings.

Easyeft

A relatively new kid on the block when it comes to South African-friendly banking methods is EasyEFT. This method is owned and operated by South Africans and has a huge advantage in that it doesn’t require that players convert from ZAR to US$ (or any other currency for that matter). To use this method, and following a quick and easy registration process, you would simply visit the cashier page at your chosen online casino, pick EasyEFT as your method of payment and then enter the amount you wish to transfer to your casino account. One of the biggest advantages of EasyEFT is that you don’t need to own a credit card in order to play online. You will be looking at a minimum deposit sum of R25 at most online casinos that support EasyEFT, as well as a possible fee structure from the side of your issuing bank.

SID

SID is another banking method that was created especially for the South African market, and has been around long enough (since 2007) to understand what makes a banking method work for local players. Your first step would be to sign up for a SID Instant EFT account – a fast and seamless process. When you are ready to play for real money online, you’ll visit the cashier page at the casino and choose SID as your method of payment. Finally, you will choose the bank where you have your account, you’ll be prompted to log into your online banking account and the bank will then approve the payment. This is a highly secure method of transfer, with all your personal banking details kept confidential from the online casino. It is also simple to use and helps you manage your money because you are using the cash in your account. Local Bank Transfer: Work hand in hand with your local South African bank by choosing a bank transfer to fund your casino account. You can choose to complete your payment directly from your local bank by asking the cashier to transfer the money directly to the online casino. You can also use your online banking account to complete the transaction. The fees that are charged will depend on your own bank’s fee structure. It should be noted, however, that overall you will save a fortune on fees as you won’t have to deal with currency conversion, and you have the added advantage of already being familiar with your own banking platform.

Skrill

Since it was launched 20 years ago, Skrill (previously known as Moneybookers), has become one of the most popular online payment product in the world, with 36 million users around the globe – including South Africa. Safe and secure, this third party payment processor is among the top choices for South African players as it is an accepted form of payment at the majority of online casinos. The idea of Skrill is simple – it acts as a “middleman” between your bank account and the online casino. Players need to set up a Skrill account online through a quick process. They then transfer money into their Skrill account, and when they want to fund their online casino accounts, they request that the money be transferred from their Skrill account and to the casino. The advantage of using Skrill is that you are adding an extra layer of security to your online financial transactions. In addition, you can choose Skrill to withdraw your winnings, so that the money is transferred right back into your Skrill account. In terms of discretion, convenience, security and speed, Skrill probably wins hands down.

Neteller

Similar to Skrill, the electronic banking method, Neteller has multiple layers of security for the ultimate peace of mind. Neteller operates in over 200 countries around the globe and is one of the methods of choice for online casino players who prefer ewallets for transferring funds and withdrawing winnings – including South Africans. Like Skrill, Neteller acts as a middleman between you and the online casino. After a simple sign up process where you set up an online Neteller account, you transfer money into your ewallet. You can then ask the online casino cashier to draw the money from your Neteller account when you choose to fund your casino account. One of the highlights of the Neteller method is the NET+ card, which allows you to withdraw cash from your Neteller account from most ATMs. This allows you quick access to your casino winnings, which you can withdraw to your Neteller account.

Frequently Answered Questions About Online Casino Payment

Are All Casino Deposit Methods (and Options) Suitable for South Africans ?

No. In the section above, we have provided you with a substantial list of deposit methods suitable for South Africans. Other methods may allow you to deposit or withdraw, but the chances are that you will have high currency conversion fees if ZAR are not accepted, and you may run up against other obstacles. Stick to our tried and tested list of South African payment methods for online gambling.

What Are the Safest Casino Deposit Methods for South African Gamblers ?

In our opinion, the safest casino deposit methods for South African players are those that work with South African banks, and those with which local players are familiar. For example, the chances are that you have already bought something online with your Visa card. Therefore, if you deposit your funds using your Visa card, the process will be safe and familiar.

Explain Online Casino Withdrawal Methods.

Just like good online casinos support a wide range of methods with which you can deposit funds into your casino account, so too will the casino support a range of withdrawal methods. This allows you to choose the safest and most convenient method for you to withdraw your winnings from your casino account.

How Do I Withdraw Money from An Online Casino ?

When you are ready to withdraw your winnings from your online casino account, you should head to the cashier section of the casino and make a request to withdraw your funds. The system may differ from one casino to another, but after you make your request, the casino will make sure that the funds are transferred quickly, discreetly and securely, using the withdrawal method of your choice. You may be asked to provide extra identification (to protect your funds from fraudulent withdrawals), and the withdrawal time generally differs depending on the method chosen. We should also add that the onus is on the player to check whether he or she should declare winnings for tax purposes.

What Are the Fastest Depositing Methods?

The fastest depositing methods into your casino account are those where you see your money practically instantly for seamless gaming. These methods include payment through credit cards such as Visa or Mastercard and ewallets such as Skrill or Neteller. Check the cashier’s page at your favorite online casino to see how fast the funds will reach your account.

What Is the Most Popular Banking Method for South Africans?

Thanks to the fact that there are so many banking methods available to South Africans which allow them to fund their accounts and withdraw their winnings, players are able to choose a method that suits them perfectly. The popularity of a banking method thus comes down to personal preference. In general, South Africans choose banking methods that are safe, secure and seamless. Examples include debit and credit cards, ewallets, and local bank transfers.

How Would I Choose the Best Banking Method for Me?

Ask yourself what is important for you in a banking method. If it’s familiarity and convenience, you may want to choose a credit card. If you want further control over your spending habits, debit cards are the way to go. For a more discreet mode of payment, many players prefer paying with an ewallet, while bank transfers are also fast and convenient. The bottom line is that there are enough payment methods to choose from, based on your own personal gaming habits and preferences.

How Quickly Are South Africans Paid out Their Winnings?

It will depend on the withdrawal method you use. Some methods are known to be faster than others, and time could range from a few minutes to a few days. Exact information can be found through the online casino’s cashier page or casino support. It will also depend on the online casino itself. Some casinos have a pending period where players are given 24 hours to reconsider their request to withdraw. Other casinos may ask for extra identification and this may take a little bit of time (although it’s worth it in order to keep your funds protected).

Robert kruger

Robert Kruger

Editor & Product Owner

Robert Kruger is an experienced writer for Online Gambling SA. Born and raised in Port Shepstone, Ryan studied sport science and psychology where he developed a passion for writing and sports. His extensive knowledge of online casinos and his ability to write engaging and informative content have made him a valuable member of the team. His favorite online casino is Punt Casino, which he considers to be one of the best in South Africa.

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