Online casino banking is the foundation of any real money online casino experience. It allows South African players to create a casino account where they can deposit funds to bet on their favourite games, and withdraw the winnings they’ve made. Looking out for quick, easy, and convenient online casino banking methods. At Casino ZA, we look out for the best online casino banking for South Africans.
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Online Casino Banking Methods for South African Players
Since the popularity of online casinos has grown, so have the number of online casino banking methods. Here’s a list of the best online banking methods for casinos:
Third Party E-Wallets
Third party e-wallet services are a great option if you don’t want to disclose your banking information to anyone other than your e-wallet service provider. E-wallets are fast and completely secure. Be sure to check the banking policy of your preferred online casino to see which e-wallet service they accept.
Signing up for a PayPal account is absolutely free, and it can be done within a short period of time. You are able to link PayPal to your bank account. South African online casinos that accept PayPal allow you to make deposits and withdraw your winnings. However, not all online casinos allow you to make a withdrawal, so you must do a background check on the online casino.
A Neteller account is easy to open and can be funded by credit card or bank account. It is absolutely free to sign up for a Neteller account. South African casino players are able to make deposits and withdrawals from any online casino that accepts Neteller. The account can be used to make deposits into an internet casino account or pay an online merchant. The company has invested more into online security technology to ensure the safety of customer personal information.
Click2Pay is one of the most reliable and used payment methods by online casino game players. Other people use it to pay online merchants worldwide. It is an e-wallet that allows customers to make deposits, withdrawals, and transfers to other accounts. The e-wallet was founded in 2003 in Germany and it is now in many countries worldwide including South Africa. You can pay all merchants that accept Click2Pay from all corners of the world. The e-wallet can be funded by a wire transfer, debit and credit cards including Visa and MasterCard. This payment option is available 24/7 and thus accessible whenever you want.
South African players don’t need a credit card or bank account to use PaySafeCard. It is widely accepted as a form of payment by many merchants as well as South African online casinos. You can pay online simply, quickly, and safely. Most online casino players prefer this payment option because it allows them to play immediately after transferring funds to their casino account. However most online casinos don’t allow you to withdraw your winnings using PaySafeCard, so check with your casino first before using this banking method.
This online casino banking payment option is reputably known for its high online security measures and convenience. Instadebit is one of the best e-wallets available for internet gamblers in South Africa. Signing up for an account is free. You are able to transfer funds instantly from the Instadebit e-wallet directly to your casino account. You can make deposits and withdrawals depending on the casino. Some South African casinos only permit its players to make only deposits while other casinos provide both deposit and withdrawal options.
Formerly known as EcoCard, ecoPayz is a firm favourite e-wallet service for South African players at online casinos. As an e-wallet service, it means you are in control of how much money you move in between your bank account and casino account.
You transfer your desired amount into your ecoPayz card from your bank account. Then you use the ecoPayz card to fund your gambling experience. In order to use the card, it must have available funds. This means that you can’t unknowingly overspend using ecoPayz.
Entropay is an e-wallet that supports online payments. Its system uses the Visa network. It is one of the most recognizable payment services. Entropay has become popular especially with South African online casino players. Online casinos that are offering Entropay are growing at a fast rate. It is an independent service that is not directly connected to Visa although it uses Visa network. The Entropay Virtual credit card was introduced to facilitate its users with electronic payments. It is a British owned company that was established in 2003. The company has proven itself by offering its customers with reliable and safe service.
Formerly known as Moneybookers, Skrill is a third-party payment processor that does the paying for you. It keeps your banking details private when transacting and instead of using a password, you answer a security question to access your Skrill account.
To open an account, you go to their website and fill in the necessary details. There is no additional fee when depositing or withdrawing into your account.
Credit and Debit Cards
This traditional method of online casino banking is still a popular method with South African players. You can do both deposits and withdrawals using this banking method but still check the banking policy of your favourite online casino.
Many people in South Africa use this online banking method. Visa is now the most famous payment method used by South African online casinos and players. Using Visa funds transfer method at online casinos is safe and secure, funds transfer to your online casino account is instant. You are able to play real money games within a short period after making a deposit. All online casinos recognise both the Visa credit and debit card as a payment method for customer conveniences. It can differ from casino to casino. Some accept it for both deposits and withdrawals while others are only deposit takers.
Many South Africans use this payment option on a daily basis, and it has also gained popularity as an online casino banking method for SA casino game players. It is a safe and secure way to fund your casino account. South African internet casinos that don’t accept MasterCard as a payment method are rare to find. MasterCard credit and debit cards cater to all gamblers across the globe as it is safe, secure and reliable to use. Switching to a new casino payment method can be difficult but using MasterCard Services comes with many benefits. Some South African online casinos encourage players to use MasterCard services and offer special bonuses to players depending on the amount of the deposit.
An American Express card, or Amex, works like a credit or debit card. Cardholders can use the Amex card to pay online merchants or pay any business that accepts it worldwide. Some South African online casinos recognise American Express as one of the best methods for online casino banking as it caters to all players across the world. You can make both deposits and withdrawals using American Express as a method for online casino banking. Not all South African online casinos accept Amex as a banking method so make sure to check your preferred casino’s banking policy.
Also known as EFT or wire transfer, a bank transfer is a direct way of online casino banking. Bank transfer banking method has been available at South African online casinos for a very long time. It is one of the most trusted and safest payment options, preferred by those who don’t want to use credit cards, debit cards, or e-wallets. South African players simply make a deposit straight from their bank account into their online casino account and vice versa. This method does, however, take longer and costs more than the other online casino banking methods listed.
SID Instant EFT
Created specifically for the South African market, Secure Instant Deposit Instant Electronic Funds Transfer, or SID Instant EFT, is a firm favourite for processing payments. It was created for those without a credit card but can also be used by those who do. All the major banks in South Africa support SID Instant EFT, so you know it’s a legitimate payment processor. It doesn’t require opening an account with them since funds come from your bank account.
EasyEFT is an electronic funds transfer specifically designed for the South African player. It doesn’t require any registration or creating an account, and it is free of charge. It’s becoming a favourite because of its transparency, ease-of-use, security, and accessibility. It is more of a payment processor than an e-wallet, meaning you don’t have an EasyEFT account. It links to your online banking profile from which funds are withdrawn and deposited.
Bitcoin is the latest method of online casino banking to be accepted by South African online casinos. You still even find some that haven’t caught onto the cryptocurrency. You convert your ZAR into bitcoin at seller sites. Then, at your favourite online casino that accepts bitcoin, choose that as the payment option. Make sure to check the casino’s policy on online casino banking to see if they accept bitcoin.
Online Casino Banking Safety and Security South Africa
The online casinos featured on Casino ZA prioritise the safety of their players’ information and the security of their money. They use the very latest and best in encryption software, at the industry standard of 128-bit Secure Socket Layer (SSL). This means that all the information sent between the player and online casino is scrambled and only those two parties hold the key. To check if your connection is secure, look at the URL bar at the top. If there is a green closed padlock that means you are protected.