Deposit methods in Ghana

So how exactly do you deposit money into a betting site in Ghana, and what is the best way to fund your betting account?

We will help you find answers in this article.

There are several deposit methods available to Ghanaian players, but the best funding options must meet some very basic criteria.

The most important quality in a deposit method is that it must accept transactions in cedis. This makes life easy for Ghanaian players!

If we conduct our betting transactions in our local currency, we do not have to worry about currency conversion fees and all those annoying extra charges. This saves us a lot of money!

You get to deposit the exact amount your set out to pay.

Another important quality a deposit method must have is the safety and security of the options. Making deposits on a betting site requires users to provide sensitive information like bank details, PINs and password, so a good deposit method must guarantee the security of these details.

A deposit method must be fast and instant. Our betting accounts should be credited immediately we confirm our transactions.

Imagine wanting to place a quick live bet only to be delayed by a slow deposit method? That can be very annoying.

So you want a deposit method that super smooth so that you do not miss out on your bets! Who knows? That can be the bet that lands you the jackpot!

Some deposit methods charge processing fees while others don't. Ideally, we want a deposit methods that doesn't add extra charges to our betting adventure.

Betting can be quite expensive at times, so any thing that saves unnecessary expenditure is always welcomed!

Now that we know the qualities that make up a great deposit methods, which payment options are the best in Ghana? Your answer is in the list below:

1. Mobile Money (MTN, Vodafone, Airtel Tigo)
2. Cards Deposits
3. E-Wallets (Neteller, Skill etc.)
4. Cryptocurrency

Of the options in the list, mobile money and cards deposits are by far the most widely used deposit methods in Ghana.

Deposits via mobile money is by far the most popular way of depositing money into betting sites in Ghana.

Mobile money deposits meet all our criteria for great payment methods. They are secure, fast and easy; and do not attract any processing fees.

Mobile money is already very popular in Ghana, with many Ghanaians using the various networks to send and receive money; and pay all kinds of bills on their mobile phones. There are over 14 million active mobile money accounts in Ghana.

Mobile money first arrived Ghana in 2009 to a lukewarm reception, but it has since grown to become one of the finest additions to the Ghanaian financial sector.

Because of the ease of mobile money payments, many betting sites in Ghana have mobile money as part of their deposit methods.

MTN are the pioneers of mobile money services in Ghana. They have been offering the service for over a decade and have become the biggest mobile money brand in the country. They have a very vast network that covers both urban and rural Ghana.

Any betting site that does not have MTN deposits will lose out on a lot of customers and plenty of money.

To use the MTN mobile money service, you need to get an MTN mobile money SIM card and insert it into your phone. When you do this, you will receive an SMS prompting you to register.

You can activate MTN mobile money by visiting any of the local MTN merchants in Ghana or by going to the MTN mobile money website.

Once the service is active, you will be able to fund your betting account via MTN mobile money.

After MTN, Vodafone is the second largest mobile network in Ghana. As at January 2020, Vodafone had about 9.3 million subscribers, representing 13.81% of the Ghanaian market.

Little wonder many betting companies in Ghana list Vodafone as part of their deposit methods. Like MTN, Vodafone also extends to Ghana's rural population, improving the financial inclusion in the country.

Vodafone began operations in Ghana in 2008, but it was not until 2015 that they launched their mobile money service.

Today, there are over 2 million registered users on the Vodafone Ghana mobile money platform.

The final third of the "Big 3" mobile money networks in Ghana is Airtel Tigo. They don't have as many subscribers as MTN or Vodafone, but they still command a reasonable share of the Ghanaian market.

Airtel Tigo is also the youngest of the three, having begun their mobile money operations in 2017 when Airtel and Tigo decided to join forces.

They have expanded very quickly since then, boasting over 400 retail outlets and more than 2000 network locations in Ghana. They are also present on most of the betting sites in Ghana!

Most Ghanaian bettors fund their betting accounts with mobile money, but a few still pay through with the good old bank cards.

Making deposits via bank cards is one of the most secure payment methods in Ghana.

This is because banks generally take extra care in protecting their customers' information and money.

So you can be sure that when you pay into a betting site with your bank card, you are in very good hands.

Depositing money into a betting site with bank cards is super easy. All that is required is that you enter your card details (card number, expiry date and CVV), your deposit amount and confirm your transaction.

This payment method is extremely fast and free of any extra charges. You will have your money in your betting site within a few seconds of confirming your transaction.

Join a betting site and make a deposit

As you can see, depositing money into a betting site on Ghana is very easy. You have nice list of options to choose from. Whether you prefer mobile money or cards deposits; cryptocurrency or e-wallets, there is a betting company for you.

So now that you know how to deposit on a betting site in Ghana, and the sites that accept each deposit method, sign up on a betting site that meets your needs, make a deposit and start playing.