Nowadays, there are a plethora of online casino payment options to choose from at South African casinos. However, the million-dollar question is which one of them is the best option for you? Researching casino payment options can be a tedious process. Therefore, we have decided to review the most popular, safest and reliable payment options available to online gamblers.
Secure banking at top South African Casinos
Online Casinos make it their duty to ensure the banking options they choose for their players are safe and secure. Their player’s financial information is protected against hackers by using state of the art 128-bit SSL encryption technology. As added measures, many of the payment options have protection measures in place. A popular security measure is a two-factor authentication security measure offered by e-wallets and OTP for credit card transactions done online.
Another measure online casinos have in place is their verification process or KYC. Moreover, documentation is requested before any withdrawal is processed and the documentation required is a copy of your ID/Driver’s license/Passport, a utility bill and proof of payment.
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Types of Payment Methods for South African Online Casino Players
Neosurf
Neosurf is a payment method that was launched in 2004 and is widely accepted. Neosurf allows players to make payments via cash vouchers that are available for purchase in various locations globally. Neosurf also allows users to make online payments without having to register or provide any form of identification. To use Neosurf, you need to purchase a Neosurf voucher, and it’s ready to use immediately and remains completely anonymous.
Bitcoin
Bitcoin has become one of the newest emerging trends amongst keen online gamblers, and perhaps it’s because cryptocurrencies make it easier for gamblers to deposit and withdraw funds. Deposits are quick, and the withdrawal time frame is instant. Moreover, online casinos offer players using Bitcoin huge Welcome Bonuses. Bitcoin is considered one of the safest methods you can choose. Having a Bitcoin address allows you to send money from one Bitcoin address to the other without any third party involvement like e-wallets and credit cards. Transfers using Bitcoin usually reflect in your account within 10-15 minutes; however, the confirmation thereof will take 1-3 hours. The biggest drawcard of playing at online casinos using Bitcoin is complete anonymity, and there are no fees incurred.
POLi
POLi is an Australian payment processor and serves over 33 million users and allows users to perform transfers over the internet directly from their bank accounts, eliminating the use of debit and credit cards as well as e-Wallets. Using POLi will allow you to make quick and easy payment to and from online casinos, and no registration is needed when using POLi when using it to deposit to your online casino account. Most of the POLi casinos are available in Australia and New Zealand, and they follow the most stringent of security checks regularly using recognised security firms and open their services to Australian and New Zealand banks for review. One of the many benefits of using POLi is that there are no fees, so every cent you have set aside to play online will not be used on charges.
Neteller
Neteller has been in existence since 1999 and is known to be one of the most reputable e-money transfer services globally. Neteller reigns as the King of the e-wallet industry and is one of the preferred payment options used by gamblers. It is a frill-free method of depositing, has fast payouts and offers phenomenal security.
Their services are used by customers in over 150 countries to transfer funds to and from providers of goods and services, which of course includes online casinos. Neteller also supports 26 different currencies, and when depositing using this option at a Neteller Casino, you will benefit from a generous Welcome Bonus as well as Loyalty Bonuses. Withdrawals requests at online casinos will typically reflect in your Neteller account within 2-24 hours after the withdrawal is processed. Of course, this will also depend on how quickly the customer support team and Neteller process the request.
Visa
Visa is an American financial services company which opened in 1958. It is one of the world’s largest credit card companies and accepted by all online casinos. Visa is available in over 200 countries, and they facilitate electronic fund transfers worldwide through the use of debit, credit and gift cards. Deposit and withdrawal amounts may vary at online casinos when using your Visa card. Withdrawals usually take between 3-5 business days to reflect in your account.
MasterCard
MasterCard is also a widely accepted payment option at all top-rated online casinos. There are zero fees to pay, and you benefit from stringent security measures like Secure Code and Masterpass. The company also allows you to choose from their four different types of credit card. These are Credit Card, Debit Card, Prepaid Card and Business Card. The benefits of using MasterCard at online casinos is that it is a widely accepted, safe and secure payment option and allows you to deposit large sums of money and offers their customers some nice perks.
Skrill
Skrill is a popular e-wallet worldwide. Skrill is an e-commerce business which was initially founded in the UK in 2011 under the name Moneybookers which allows their users to make low cost and secure international digital money transfers and payments. Skrill provides their clients with the facility of storing their bank card details in their Skrill as well as money, making your online deposits and withdrawals at online casinos effortless. By using Skrill, you can make quick and easy deposits, and you can benefit from substantial online casino bonuses. Also, all Skrill Online Casinos have an excellent array of casino games.
Skrill’s safety and security are stringent, and users of this particular payment method option use two-factor authentication to protect their details on each transaction.
Entropay
Entropay is a virtual debit card, referred to as Virtual Visa. It is used by players from New Zealand, UK, and Sweden as it’s one of the most convenient payment methods when playing at online casinos. Entropay allows their customers to carry out their banking without the need for an actual banking account as they use the Visa network. It also allows their customers to create as many virtual cards as they wish. Entropay can also convert money into 14 different currencies, and all withdrawals are instant.
ecoCard/ecoPayz
ecoCard/ ecoPayz has been around for close to two decades, and this company offers safe, instant and convenient payment solutions to both businesses and customers globally. It is an accepted e-wallet with a variety of financial services available to its users. It also offers all the functionalities of a regular e-Wallet and allows users to withdraw funds using a prepaid debit card called the ecoCard.
There are countless advantages to using ecoPayz/ecoCard such as privacy when you transact, free sign up, no bank account or credit checks. It can also be used on your iPhone, IPad and Android devices. Transactions get processed in 45 different currencies. They also have multiple partners, and you can top up your account using many different methods like GiroPay, iDeal, MasterCard and Visa.
Make the Most of Payment Bonuses at Online Casinos
When choosing an online casino, have a look at the payment method bonuses offered before you make your first deposit. Many of the reputable and well known online casinos provide exclusive payment method bonuses for specified e-Wallets, and they are rather generous as may be on the Welcome Bonus, cashback or Free Spins.
So Many Options!
There are so many payment options available when playing at online casinos, but you must choose carefully. First of all, ensure your chosen method allows caters for deposits and withdrawals as most online casinos stipulate the same method is to be used for both. Then make sure it can convert your currency, check out the fees and timeframes for payouts and lastly is it recognised globally as being a safe, secure and reliable payment option.
Choose the payment of your choice and start playing at a top online casino!
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