Payment method is one of our top considerations when searching for the best betting sites in South Africa. That's because deposits and withdrawals directly affect wagering convenience.
We always prioritise betting sites with multiple secure payment methods, as they offer seamless deposits and withdrawals. In this guide, we’ll share the methods available, along with steps for using them.
Lastly, we'll add some factors to consider when choosing the top bookmakers with the best betting payment methods in South Africa.
Top Payment Methods You’ll Find at Betting Sites in South AfricaFrom our betting experience at many online sportsbooks in South Africa, the following are popular payment methods you'll likely find at your chosen bookmaker:
Visa
Mastercard
Ozow
OTT Voucher
PayFast
Skrill
Neteller
PayPal
SiD
Cryptocurrencies
As you can see, South Africans have many options to choose from. However, before selecting a payment method at your preferred betting site, it's best to consider the processing time and fees.
The table below contains these popular payment systems, their processing times, and transaction fees:
Payment Method | Processing Time | Processing Fee |
Visa | 1-5 business days | Depends on the issuer |
Mastercard | 1-5 business days | Depends on the issuer |
Ozow | 24 hours | None |
OTT Voucher | Instant | Depends on the retailer |
Skrill | 24 hours | None |
Neteller | 24 hours | None |
PayFast | 2-3 business days | R8.70 on payouts |
PayPal | 24 hours | None |
SiD | Instant | None |
Cryptocurrencies | Usually under 1 hour | Varies |
We've included top sportsbooks featuring these payment methods on the on-page banner. Pick one with your chosen transaction channel to start placing bets on sports events.
For context, if you prefer OTT Voucher betting in SA, you'll find reputable bookmakers with the payment system among our recommended sportsbooks.
How to Deposit at Betting Sites in South AfricaDepositing at online bookmakers depends on your chosen payment method. However, here are the general steps when funding your account with deposit options in SA betting sites:
Pick a betting site that features your preferred payment method from the on-page banners.
Register and move to the Cashier/Banking/Payment section.
Click on the payment system you want to use for deposits. A logo usually represents it.
Enter the necessary details and deposit amount.
Approve the transaction.
Most payment methods will send you a notification showing a successful transaction.
How to Withdraw at SA Betting SitesWithdrawing your wins is also simple at SA sportsbooks, regardless of your preferred payment method. However, some operators may require ID verification before the first withdrawal. Here's how to initiate payouts:
Log in to your account at your chosen sportsbook.
Move to the Banking/Cashier/Payment section.
Check the best withdrawal methods in South African betting options on the site and click on the logo representing your choice.
Verify the withdrawal and wait for notification.
Unlike deposits, withdrawals may take 1-5 business days, depending on the payment system used.
Factors We Considered Before Picking Betting Sites with the Best Payment Methods in SAWhile searching for the best betting sites with popular payment methods, our experts at Betzillion in South Africa considered the following factors:
License: The bookmakers on the on-page banners are all licensed by the National Gambling Board (NGB) or the provincial gambling authorities.
Extensive betting markets: We've included sportsbooks with thousands of betting markets on popular sports like rugby, football, basketball, and tennis.
Generous bonuses and promotions: Our experts ensured the recommended sportsbooks offer great welcome bonuses and other sports promotions to boost your bankroll.
Security: All the recommended betting sites employ SSL encryption technology to protect punters’ details from third-party access. The bookmakers also offer two-factor authentication (2FA) for additional security.
Parting Shots
One of the top tips for enjoying a seamless betting experience in South Africa is finding a sportsbook with multiple secure payment methods. You can easily deposit after signing up and start wagering immediately on your favourite sports events or cash out wins without hassle.
We've added reputable betting sites with popular payment methods on the banners on this page. Pick one and enjoy secure, seamless transactions and an improved wagering experience.