African casino players may not be able to use many of the online casino payment methods available to players in other parts of the world. But they can still use most of the popular payment methods such as credit/debit cards, eWallet solutions or alternative payment methods (APMs), wire transfer, direct bank transfer, prepaid cards, and many others.
Most African online casino players prefer funding their accounts with their credit/debit cards. A few of them prefer using bank transfer methods and others use APMs. South African players can choose from a wide range of casino payment methods such as bank transfer, Click2Pay, EZIPay, Entropay, ClickandBuy, Neteller, Moneybookers, Ukash, and others.
Since online casino gaming is very popular in Africa, a large number of online casino companies allow African players to deposit funds and withdraw winnings in ZARs.
Here is a brief overview of some popular casino banking methods.
Credit and Debit Cards
Most online casino gamblers use Visa and MasterCard credit and debit cards to fund their online gaming accounts. Several players prefer using debit cards over credit cards because using debit cards helps them control their gambling better.
Although using credit and debit cards is quick, easy, convenient, and secure, credit card companies are heavily regulated and strictly monitor credit card transactions. Depending on the gambling laws in the country, they reject transactions they suspect to be related to online gambling.
Using eWallets is an ideal solution for players who face problems using their credit cards. An eWallet, also referred to as a digital wallet, allows customers to pay for goods and services online quickly, securely, conveniently, and anonymously. Players need to input their private details once while opening an eWallet account. They do not need to divulge their financial information to the online casino if they are using their eWallet to fund their online casino accounts. Winnings can easily be withdrawn into an eWallet account and from the eWallet account to players’ bank accounts.
Wire transfer is another popular way of moving funds to and from one’s online casino gaming accounts. However, players tend to use it only if their credit card transactions get rejected. One can define a wire transfer as a casino banking method in which an electronic medium is used to move funds from account to account.
Direct Bank Transfer Players can use this method to move funds directly from their bank accounts to their casino gaming accounts and vice versa. It is very safe, reliable, and convenient.