EasyEFT is an electronic funds transfer (EFT) system that enables users to make secure payments online, along with a host of other financial transactions. No credit cards or registration is required, and no fees are charged for payment transactions. All that is required is to select your bank and follow the steps required in order to process the EasyEFT deposit. Making payments is equally simple and straightforward, with the only requirement being sufficient balance in your linked bank account.
Top 4 South African EasyEFT Casinos
EasyEFT is one of the few online payment systems that cater specifically to the South African market. Ideally suited for making online purchases and electronic funds transfers, the system has found favor among a growing number of South African online casino players for its transparency, ease of use, security, and widespread acceptability with many online gaming establishments. EasyEFT also enables South African players to deposit, withdraw, and transfer funds in SA Rands, which is a definite bonus when it comes to playing in online casinos.
EasyEFT differs from other payment systems in that it is more of a payment portal as opposed to an e-wallet service. The system does not entail the use of an account or an associated credit card. Instead, the EasyEFT system is linked to a user bank account from which funds are drawn and deposited. The process is fast, simple, and convenient, and offers users the highest level of security available to the banking industry.
Because only EasyEFT deals directly with online merchants and casino sites, all your personal and bank information is kept totally secure with every transaction. The system essentially serves as a “buffer” for your online purchases and online gambling activities, providing you with an extra layer of security. With EasyEFT, you have the assurance of a widely supported payment system that is as secure as any you could hope for.
Here are some of the advantages of using EasyEFT:
- Personal and banking details are kept totally secure and protected.
- No credit card necessary.
- Low transaction fees.
- Simple, fast, and convenient.
- Widely supported.
Using EasyEFT in South Africa
EasyEFT was developed specifically to cater to the needs of the South African market, so it is an ideal payment and withdrawal solution for South African online casino players. It is therefore supported by many online retail sites catering to the South African market, as well as by online casinos that accept players from South Africa.
With casinos that support EasyEFT, there is no charge for making deposits via electronic funds transfer. There is also no credit card or registration required, and the process is automated in most cases. You do have to make sure that your bank supports EasyEFT as a payment platform, and that the casino you intend to play in accepts deposits as well as withdrawals via EasyEFT. With more and more online casinos now supporting EasyEFT however, you should have plenty of options.
How to Fund Your EasyEFT Account
Because EasyEFT is not an e-wallet per se, there is no “card” or “account” to pre-fund to speak of. When you make deposits into an online casino account or make purchases over the internet therefore, the funds are drawn directly from the bank account that you have linked to the EasyEFT system. Transactions are seamless and transparent, and your bank and personal information is kept fully confidential and never divulged to the online casino or online merchant.
How to Deposit Using EasyEFT
Making deposits into an online casino account via EasyEFT is a fairly straightforward process. The steps involved are as follows:
- Go to the “payment” or “deposit” page.
- Select “e-wallet” as a funding option.
- Choose “EasyEFT”.
- Specify the amount you wish to deposit and the currency.
- Specify the bank from which the funds will be obtained.
- Confirm your payment.
In most cases, the full amount is credited to your online casino account immediately. Keep in mind that some online casino accounts require a minimum deposit of R25.
How to Withdraw Using EasyEFT
Withdrawing funds from an online casino account via EasyEFT is just as simple:
- Go to the “cash out” section of the casino.
- Choose “EasyEFT” as the withdrawal method.
- Specify the amount you wish to withdraw.
- Specify the bank where you want your withdrawal to be credited.
- Confirm your withdrawal.
Depending on the casino, it could take anywhere from two days to a week before the money appears in your bank account. You may also be restricted from withdrawing winnings and bonuses until after you have made a first deposit into your casino account.
EasyEFT Costs and Timing
Most casinos that accept EasyEFT will not charge fees for funding an account or making a withdrawal. EasyEFT does not charge any fees for these transactions either. However, some banks may charge fees for transactions using the payment system.
The good news is that withdrawing winnings and bonuses from online casinos that support EasyEFT is usually pretty fast, with most being able to process withdrawals and have the funds in your bank account within two days. As with most reputable payment systems, funds deposited into an online casino account are also credited instantly, and can be used immediately.