Deposit Methods for South African Punters

The process of depositing online is simple and hassle free, provided that you have an active bank account, and in most cases, a banking app or online banking login.

Banking apps are easy to come by, and absolutely free, so if you don’t yet have one, the process of getting one is really simple, as long as you have a bank account.

This can be done by searching for your bank’s banking app on your smartphone’s app store, and downloading the app. It's that easy.

Remember to always select betting sites that accept South Africans rands.

• Note: You won’t want to spend hours working out currency conversions and paying exorbitant amounts that haven’t been adjusted to consider South African players.

Each of the betting sites found on this page accept deposits in your hard earned rands, and happily welcome players from South Africa.

Furthermore, always select a betting site that accepts deposits in your preferred online transaction method.

If you're new to betting sites, or online payments in general, then being faced with the need to make payment online may feel a little daunting.

Lucky for you however, each of South Africa's top online bookmakers not only provide a host of deposit methods that are convenient, but they're further easy to use, and come with easy to follow instructions.

SA betting sites make it super easy for you to deposit!

Take a look at the steps below to get better acquainted with the process of making a deposit on a betting site

If we were to cover each of the betting site deposit methods offered by bookmakers in South Africa, the simple truth is that we would be be here all day.

That's why we have elected to present you with the most popular, and most commonly offered deposit methods in South Africa, so that you have available to you the most common options that you will most likely end up using.

There are plenty of available betting site deposit methods in South Africa

Here is a list of the deposit methods you are most likely to find:

1. Visa - recommended
2. Mastercard - same process as Visa
3. EFT - SA's favourite way to pay
4. Ozow - Amazing cardless method
5. SiD - Another great cardless solution
6. Vouchers - easiest way to deposit

• Follow the list below to get a better idea about some of South African betting sites' leading deposit methods

Visa card deposits are probably one of the most widely accepted forms of payment, and the same can be said for betting sites.

Barring one each of the betting sites covered on this page accepts deposits made from a Visa card

It is one of the simplest ways to credit your betting account.

In order to deposit with a Visa card, you’ll firstly need to have one on hand so you can access the card number, and CVV number (3 digit code visible on the back of the card) and you will need access to either an online banking profile or mobile banking app of the bank that has provided you with this card, in order to approve the payment you will be making.

Much like Visa, and often thought to be in the same vein, Mastercard is one of the most widely accepted payment methods in betting, in South Africa and across the world.

Almost every betting site mentioned on this page accepts transactions from players using a Mastercard.

Mastercard betting sites generally require users to provide their card numbers as well as the 3 digit CVV numbers which are found on the back of the card.

What is also required, is for users to have either an online banking profile, or banking app of the bank that has provided them with their Mastercard, for the purpose of approving payments before they go through.

EFT, which can also be referred to as direct deposits or bank transfers in this case, are one of the most common payment methods used by South Africans.

EFTs are one of the most reliable and trustworthy methods to send and receive money and when sending money to someone that banks with the same institution as you, can mean that the money will reflect instantly.

EFTs are cardless, but do rely heavily on online banking

So much so that you are unable to process them without being logged into an online banking profile, or banking app.

This means that you are required to have both a bank account, and have access to either an online banking profile or banking app, either on desktop or on mobile.

If you’re in between cards, or simply prefer to go cardless, Ozow may be the deposit method for you. Ozow is an instant, free online payment processor that is offered by many of the top betting sites.

Ozow does not require any sign ups or subscriptions, they are quick, easy, and super convenient.

Depositing with Ozow requires users to have a bank account with one of the leading banks in South Africa, and again, requires users to have a banking app or online banking profile in order to approve payments.

Another option for those of you who prefer cardless transactions, SiD is a great online payment provider that is backed by a number of trusted South African betting sites.

SiD does not require any registration or sign up process, and is absolutely free to use.

SiD only requires you to have a bank account to make payments with them.

You will however need to authenticate these payments with the help of the banking app or online banking profile that is provided by the bank that you choose to do business with.

Another one of the popularly accepted deposit methods by betting sites is by way of voucher.

Depositing with a voucher is probably the most straightforward depositing process

It involves punching in the voucher code that is visible on the voucher itself into a field provided by the betting site.

Betting site vouchers can be picked up at a number of different retail outlet stores and can make for a wonderful gift for a punter. There is of course nothing stopping you from buying your own voucher to treat yourself.

Some of the most popular betting voucher providers that South African betting sites have partnered with are 1Voucher and OTT, and are both available to shoppers all around South Africa.

As has already been mentioned, there are just so many betting sote deposit methods available in South Africa. Bookmakers work really hard to accept as many deposit methods as they can to ensure that users can deposit easily on their platforms.

The list of accepted SA deposit methods is endless!

While the deposit methods that have just been mentioned are the most popular, it's worth mentioning some of the less common deposit methods, to ensure all users are catered to when visiting this page.

• Read on to get familiar with some deposit methods that are less common in SA, but very popular around the world

While Paypal is one of the most widely used international transaction processors, betting sites that accept paypal do not exist in South Africa.

This is partly due to the fact that we have a host of other transaction methods that we are very familiar and happy with.

While PayPal is a great transaction method, South Africans get along just fine with local payment options

The absence of Paypal betting sites could further be explained by the fact that Paypal is quite an expensive medium to use when transferring money in South Africa, and can often take quite long to reflect.

Paypal betting sites are especially popular in Germany, but there are no sportsbooks that accept Paypal in our country.

Neteller is a global digital currency transfer service. Worldwide, Neteller is one of the most widely used deposit methods for betting sites.

This partly due to the fact that they have spent the last two decades processing online gambling transactions from all over the world.

Neteller is one of the payment methods associated with world betting

While this is the case, they are yet to establish a firm foothold in the South African market, which is bound to change with time.

Their service is fast, secure and sophisticated, and guarantees ultimate user satisfaction.

Skrill is another global digital currency transfer service that offers users e-wallets that enable them to make a host of online payments.

Formerly Netteller’s biggest rivals in this industry, Skrill and all of its operations were bought over by Neteller in 2015, but still operates under the same name and offers the same services.

Skrill, along with Neteller are the biggest name in iGaming Ewallets

As Skrill is owned by Neteller, it too is yet to gain traction in the South African market, with only one South African betting site offering the opportunity to deposit with them.