Online Casinos Accepting EFTPay
All around the world, the benefits of Instant EFT payment solutions are being felt, and never has this been more true and necessary for the South African market. With its ability to safely and conveniently provide customers with a reliable means to transact online, it is no wonder South African consumers are flocking to instant EFT as their go-to day to day payment solution.
It is safe to say that South Africa has experienced many difficulties in migrating its dominant brick and mortar consumer base online over the past few decades, from poor telecommunication infrastructure, low levels of internet adoption, a historically very cash bound consumer purchase behaviour, safety and security concerns, and of course poor credit card adoption, these barriers continued to form key barriers for changing consumer needs.
What EFTPay presents is a brand new payment solution for local customers and businesses to overcome many of the current challenges they face in the market. Not only does it allow for safe and secure transactions without the need for a credit card, but more importantly it can be done using a simple internet connection from any device, the most important of which is a mobile phone. EFTPay forms one of the many market-led solutions paving the way to better online adoption, creating convenience and peace of mind for consumers from any geographic region.
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What Is EFTPay?
EFTPay joins the list of many new instant electronic fund transfer payment solutions now available to South African players. Using electronic means for which to transfer funds from one financial institution to another without the need for a credit card, or for you to disclose any of your personal or private information. EFTPay ultimately provides a means for South African consumers to not only purchase goods and/or services conveniently online, but do so quickly, and most importantly safely.
How Does EFTPay Work?
At the core of EFTPay lies the EFT (Electronic fund transfer) component of the solution. For those unfamiliar with the term electronic fund transfer, this is a rather simple process whereby a financial institute, in this case, the bank you have an active account with, will help you electronically (i.e without the need for manual/human intervention), move a desired amount of money from your chosen account to that of another. In the instance of depositing at an online casino, you will be able to move a chosen amount of funds from your bank account to the online casino’s bank account, allowing you to play with your own real money online.
The advantage of an EFT Payment, and one of the main reasons for its rise in popularity, is that it allows you to make a payment for goods or services without the need for a credit card, which previously was the only means by which you could buy online.
You may be wondering how you will transfer these funds from your account into that of the online casino? The benefit of EFTPay is its seamless integration with your online banking portal. When you wish to deposit funds using this method you will simply log into your online banking, select the account you would like the funds to be transferred from, enter the amount you would like to deposit, and the funds will be automatically transferred directly to the casino’s account.
Pro’s Of Using EFTPay To Deposit Online
There are several advantages to using EFTPay when making an online deposit, these include:
- Safe & Secure – Fund transfer is one of the safest online payment methods available today. Becuase funds are directly transfered from one financial institution to another, all safety and security precautions at this level apply. No fraud or chargebacks will be experienced by you as a customer when using this payment method
- Convenient online payments – EFTPay technology works to seamlessly integrate with your existing online bank activity meaning that payments require no manual paperwork or lengthy authorisation process.
- No Credit Card required – One of the main benefits to using EFTPay lies in its ability to transact online without the need for a credit card. All that is required is an active bank account.
- No Fee’s – For players, EFTPay comes with no transaction or admin fee’s, meaning that you can transact with peace of mind online knowing that no hidden fees will be incurred
- Easy to use – EFTPay is one of the simplest methods to use and only requires a few short steps to complete. The process will guide you through from start to finish so that you never feel unsure of what to do next.
- Protection of personal/private information – EFTPay has been designed in such a way that it requires absolutely no sharing of your personal/private information. All transactions are fully integrated with the same online banking security steps, this means all sensitive information is kept secure and private
Cons Of Using EFTPay To Deposit Online
- Not always available – Whilst most online casinos may provide some form of instant EFT payment solution to make a deposit, often these range drastically from casino to casino. It is possible that EFTPay specifically may not always be the chosen EFT payment solution on offer.
- Active internet banking – One of the requirements in order for any player to utilise EFTPay is an active internet banking account. Internet banking is completely free and simply requires you to request its setup with your bank. Once this is created you will be able to use your internet banking login credentials to make a payment, this can be done via your phone or PC.
How To Make A Deposit At An Online Casino Using EFTPay?
Making your very first online casino deposit using your EFTPay could not be easier and more convenient. To help you navigate the deposit process we have listed a few easy steps below that you can follow to successfully transact.
Step 1:
The very first step in the process is to identify an online casino that has EFTPay as an available payment option, you can identify these casinos in our review section or alternatively in the above EFTPay casino listing.
Once you have identified the online casino you’d like to deposit at, log in using your player’s credentials and navigate to the deposit, or in this case “cashiers” section.
Step 2:
From the cashier section, you should now be greeted with the available deposit methods from which you can filter and choose. Go ahead and scroll until you see EFTPay.
Step 3:
Once you have selected EFTPay as your chosen payment method the actual very quick and easy deposit process begins. Start by entering the amount you wish to deposit. It is important to take note of the minimum and maximum deposit amounts before depositing, in the case of EFTPay it is a min of R82 and a max of R100,000.
Once the amount you wish to deposit has been entered you will then be redirected to a page of all the banks currently available when using EFTPay. Simply select the bank that you have an active account with.
Step 4:
In step 4 of the process, you will need to have your internet banking login details available, remember if you don’t have internet banking enabled you won’t be able to move past this point. To create an internet banking profile, simply contact your bank and they will assist you free of charge. At this stage of the deposit simply enter your login details. The payment solution will log you in to your banking profile and list all of the active bank accounts you have available from which to transfer funds. Select the account you would like the deposit amount to be transferred from.
Step 5:
During the final step of the process, it is important to note that you will need to authenticate and approve the transaction. With the majority of South African banks, your mobile phone is used as a means for which to approve. When an “approve it” message is sent to your mobile phone, check that the details and deposit amount are correct before approving. Once you have approved the transaction the deposit will be complete and a success page confirming the deposit will be shown. The deposit will be instantly credited and shown in your players account with the online casino.
