Best Online Betting Payment Methods in South Africa, 2025

South African betting sites, including Betway and Hollywoodbets, accept Visa debit and credit cards. Visa is one of the fastest deposit options for gambling, as payments are processed instantly, while withdrawals take up to 3 days. Bookmakers don’t charge fees, but your bank may, especially for credit card payments.

Pros:

• Deposits processed instantly
• Transactions protected by chargeback
• Simply enter your card number to deposit/withdraw

Cons:

• Bank may charge up to 5% for credit card transactions

Mastercard is known for offering secure online betting deposits, as they use sophisticated fraud detection tools, and users can request chargebacks. Deposits are processed within seconds, but withdrawals are slow. Also, deposits start from just R10 at Betway and Sportingbet!

Pros:

• Widely accepted
• Earn points for transactions
• Flexible deposit limits

Cons:

• Withdrawals can take days

PayPal is one of the top e-wallets for betting because it supports instant withdrawals and is known for its top-notch security. It doesn’t reveal your card to the betting site, and you must pass 2FA to complete transactions. However, it doesn’t offer ZAR and charges fees for currency conversions. Bookmakers with PayPal withdrawals include bet365 and Hollywoodbets.

Pros:

• Instant withdrawals
• Card details not shared with betting site
• Account protected by 2FA

Cons:

• PayPal doesn’t support ZAR

Skrill is an e-wallet that works similarly to PayPal. Based on our testing, it offers better promotions than PayPal, including cashback, and supports ZAR. There are no fees, and deposits/withdrawals are lightning-quick. The best betting sites with instant withdrawals via Skrill are 10Bet, Parimatch, and 888Sport.

Pros:

• Instant withdrawals
• Accepts ZAR
• Cashback program

Cons:

• Currency conversion fees are high

If you’re looking for the fastest betting methods in South Africa, don’t ignore Neteller. This e-wallet charges zero fees and processes withdrawals instantly, and all transactions require 2FA. Use Neteller at 888sport and bet365, and don’t forget to join their VIP program!

Pros:

• Instant withdrawals
• Generous loyalty program
• Card details hidden from betting sites

Cons:

• Fees when withdrawing from Neteller to bank account

SiD is 100% free for all South African users. There is no sign-up required. Just select SiD when depositing or withdrawing, log in to your bank account, and verify the transaction. You can deposit or withdraw up to R1,000,000 instantly at Betway!

Pros:

• No fees
• Fast and easy payments
• Transactions secured by 2FA

Cons:

• Risk of banking details being exposed due to data scraping technique

Ozow has over 6 million users and is one of the leading soccer betting payment methods in South Africa. It allows you to make instant transactions directly from your bank account. Ozow securely connects you to your online banking platform, where you log in and confirm the transaction. The top Ozow betting sites include YesPlay, Gbets, and Betway

Pros:

• Instant bank transfer deposits/withdrawals
• No fees

Cons:

• Scrapes your banking data

Enjoy Instant EFTs courtesy of Payfast. South African betting sites, including Betwinner, offer free deposits and withdrawals via Payfast. Your winnings will be sent straight to your bank account. Also, Payfast’s app allows you to add funds to your digital wallet or scan QR codes to make payments.

Pros:

• Receive bank transfers within seconds
• Uses SSL encryption
• Payments require 2FA

Cons:

• App is slow

Zapper is a free mobile payment method. Just download the app and link your card. Then, to deposit or withdraw, scan the QR code displayed by the betting site. There are no fees, and you’ll earn loyalty rewards every time you use Zapper. 10Bet is a South African betting site with fast withdrawals that accepts Zapper.

Pros:

• Protects your card details from bookmaker
• Secure deposits via your phone
• Instant payments

Cons:

• Need to download an app

PayU is one of the top South African betting payment providers when it comes to Instant EFT. Withdraw instantly to your bank account and avoid fees and costly delays. PayU securely connects you to your online banking platform, where you verify the transaction.

Pros:

• Fast withdrawals
• Extremely safe payment method
• Deposit and withdraw up to R1,000,000

Cons:

• Not available at all South African betting sites

SnapScan is one of the best mobile betting payment methods in South Africa. Simply download the app and add your card. To deposit or withdraw, scan the QR code at betting sites like Gbets, Playa Bets, and 1xBet. Payments are instant, but if you withdraw from a bank account, there is a 3.5% fee.

Pros:

• Secure mobile payments
• Well-designed app
• Instant payment processing

Cons:

• 3.5% fee withdrawal to bank account

OTT Voucher is available at over 200,000 locations across South Africa. Use cash to deposit as little as R5 at top South African betting sites like Betway, Sportingbet, and Playa Bets. You’ll never pay fees, but, currently, you can’t withdraw via OTT Voucher.

Pros:

• Low minimum deposit limits
• Available online and offline
• No fees

Cons:

• Withdrawals not available

1Voucher is one of the top-rated safe betting payment methods in South Africa, with deposit limits starting from only R1! After you’ve bought the voucher, you’ll receive a unique code, which you enter into your betting account. Betway, Sportingbet and Playa Bets all accept 1Voucher.

Pros:

• Anonymous transactions
• No fees
• Fast deposits

Cons:

• Low max deposit limits

If you want to deposit at a South African online bookmaker via cash, purchase a Blu Voucher from a vendor for anywhere between R2 and R2,000. Enter the code, and the funds will be instantly added to your account.

Pros:

• Deposit online via cash
• No fees
• Instant deposits

Cons:

• Withdrawals not available

Purchase an EasyLoad voucher online or at a store and deposit instantly at South African betting sites like Gbets and Hollywoodbets. You can deposit as little as R5, but, unfortunately, withdrawals are not accepted.

Pros:

• Low deposit limits
• Deposit anonymously
• No fees

Cons:

• Takes time to buy a voucher

Due to its high deposit and withdrawal limits, which can reach up to R1,000,000, bank transfers are one of the best sports betting payment methods for high-stakes players. Unfortunately, fees do apply, and transactions can take up to 7 days to process.

Pros:

• High maximum limits
• Withdraw directly to bank account

Cons:

• Slow processing times

Betting sites require FICA verification to prevent money laundering and tax evasion. It creates a digital paper trail that allows authorities to easily investigate suspicious financial transactions.