EasyEFT Casinos and Guide for Deposits and Withdrawals
Update 2022: It seems that EasyEFT is no longer available. At time of writing, the company's website cannot be reached. There are currently no online casinos that accept EasyEFT.
EasyEFT is a payment method exclusively available for South African users who can use it to pay for services or goods online, without having to use a credit card. The company that offers the service is based in Mauritius, and although the payment provider is relatively new on the market, they are growing fast in popularity. The service offers an instant bank transfer payment method, where you can pay directly through your online banking, and won't have to enter any credit card details. This instant banking method eliminates transfer times of regular bank transfers and allows for quick and safe payments.
You can now use EasyEFT to make payments to online casinos, and the method is accepted in many popular casinos. One of the greatest advantages for South African players is, that the payment method supports ZAR and therefore eliminates currency conversion fees. There are also many casinos that accept ZAR as the casino currency, which makes it even more attractive for players.
Top EasyEFT Casinos in 2023
Some of the biggest names in the casino industry now offer EasyEFT as a payment option to South African players. You can find detailed reviews about each casino with more information about the bonuses, terms, games and everything else there is to know about the operators. All casinos also carry a valid licence and have a good reputation with the players.
Table of contents:
How does EasyEFT work?
EasyEFT is essentially an instant banking method. The company will act as an intermediary between your bank and the vendor and process the transaction immediately, while charging the amount from your bank account, which makes this type of online payment very secure. To use this service, it is not necessary to register an account with EasyEFT, and the following banks are currently supported for payments ABSA, Nedbank, Investec, Capitec, Standard Bank and FNB.
Advantages and disadvantages of using EasyEFT at casinos
- No account registration required
- ZAR supported
- Instant payments, without having to enter credit card details
- High transaction limits
- Only for players from South Africa
- Newcomer on the market that needs to gain trust
- Transactions may appear on your bank statements
Casino deposit with EasyEFT
You can use EasyEFT to make a deposit at the casino by selecting it from the list of available payment methods. You will need to enter the amount you wish to deposit and then login to your online banking account. The transaction will then be confirmed using your online banking. Payment is also transmitted through secure connections with SSL encryption. The intermediary EasyEFT will then immediately send the money to the casino and deduct the amount from your bank account. This will eliminate waiting times for bank transfer processing and you also won't have to enter any credit card details, which helps prevent credit card fraud. The limits for a transaction with EasyEFT can also be on the higher end, starting from just R20 - R150 up to R100,000, but this depends on the casinos as well. Using EasyEFT mobile also offers safe transactions when you use your smart phone or a tablet to deposit funds into your player account.
Casino withdrawal with EasyEFT
EasyEFT is an intermediary that processes bank withdrawals. It may also possible to make a casino withdrawal using the service. The processing time depends on how fast the casino processes the payments, but it may take a few more days for the amount to show up in your bank account. However, some casinos may not offer the service for withdrawals, in this case the casino will offer you a different option, usually a regular bank transfer, which can take up to 5 days bank processing time.
EasyEFT is quickly gaining popularity as a payment method for South African casino players, as it eliminates the need to use a credit card, which helps to prevent credit card fraud, and generally makes payments safer. The fact that South African Rand are supported also makes it interesting, as players won't have to pay exchange fees when making deposits into the casinos. Of course, playing at an online casino that supports ZAR is a account currency is recommended. However, the company is still relatively new, and still needs to gain trust with the players that they are reputable payment provider.
EasyEFT currently only supports South African Rand (ZAR).
Most casinos carry the charges for payments made by players. This means that fees for EasyEFT depend on the casino. In some cases, the banks can charge fees for using the service, you would have to enquire with your respective bank about possible fees.
Payments made with EasyEFT are carried out within moments. Requesting money back to your bank account can take a few days though.
There are some online casinos that accept EasyEFT, and you can find the best ones on this page! Take a look and check out the casino bonuses you can get for signing up.
Depending on the casino's policies you can make payments starting from around R150 up to R75,000. Regarding the withdrawal, you'll need to keep in mind that many casinos apply maximum withdrawal restrictions, so it's best to take a look at the casino's payment policies to find out about the withdrawal limits. A withdrawal at a casino can often be done with amounts from R150.
EasyEFt is based in Ebene, Mauritius, but the company doesn't disclose who and if they are licensed or regulated by.
Players from South Africa can often receive a casino bonus when they register an account at an online casino. If EasyEFT is accepted at the casino, you should also be able to claim the bonus by making a payment with this provider, but to be on the safe side, take a look at the bonus terms, as sometimes certain payments are excluded from bonus money.
Unfortunately, we have no information of whether EasyEFT is really a safe payment method, as the provider doesn't disclose who they are regulated by or which safety precautions they apply to safeguard their users' data. Furthermore, it is unclear which user data is stored with the provider, and how this information is used. However, we haven't received any reports that the payment provider isn't safe.