South African-facing online casinos are now allowing players to play for their gaming entertainment using Ozow (i-Pay). Ozow is an automated electronic funds transfer (aka EFT) payment processor. The method allows electronic funds to be funded between your bank and the online casino. The transfer happens in real time so that you can play the games instantly.
Currently, Ozow will process an Instant EFT if you bank with any of South Africa’s major banks. These include:
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Casino players with Internet banking facilities at the major South African banks can use OZOW, notably:
Note : You need to have sufficient funds in your bank account in order to complete any transactions and you must have the once-off payment facility activated.
When you choose to pay with Ozow (iPay) at South African online casinos, you cut out the need to own or use a credit card. In addition, Ozow doesn’t require you to pre-register – you simply choose this option off the dropdown list at your chosen online casino and go forward from there.
Ozow is fast – in fact, it’s instant! There’s no need to factor in the time between the moment you make the transfer and the time that it takes to reach your account. Feel like playing at an online casino? You can do so right now when paying with Ozow.
That’s definitely not something that you need to worry about. Ozow guarantees its players the highest level of security when they pay and play online. Ozow takes safety and security very seriously and boasts a Thawte EV SSL encryption certificate. This means that all your details are very well protected using state of the art encryption technology. Ozow is essentially a proxy between you and the bank so that the funds are transferred fast, safely and conveniently.
Ozow won’t store your banking details, which ensures an extra level of security. In fact, thanks to the two-step authentication process (ie. logging in with your private details and then using a confirmation code sent by your bank); Ozow payments are essentially safer than credit cards! Since its inception, Ozow has experienced a 0% fraud rate.
Yes, it is! Ozow can be used across any smart mobile device or computer, as long as you have internet connection, of course.
Ozow is part of the banking option known as Electronic Funds Transfer or EFT. Essentially, this is the electronic transfer of money from one bank account to another, through computer-based systems and without the direct intervention of the bank’s staff. Instant or Automated EFT is a payment service (like Ozow), which allows you to pay via EFT, without the inconvenience of a waiting period. Many times you also aren’t charged extra fees.
More and more online casinos are adding Ozow (iPay) as a payment/banking method and making them available to South African players. Check out sites such as Europa Casino, Winner Casino, and Casino Tropez where Ozow is available to local casino players.