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:

 

How does Ozow (iPay) Work?

• Register an account at your favourite South African online casino.
• Open a real money account and choose Ozow as your payment option at the Cashier.
• Choose your bank from the list presented to you.
• Log in using your internet banking details.
• Choose a bank account to pay from.
• The intuitive, automated process navigates the different fields when prompted and fills them in on your behalf.
• Look out for a one-time-password from your bank which will be sent to your mobile device. This is so that you can verify the payment.
• Once the payment is authorized, the transaction is essentially complete.
• Ozow will inform you that the funds are now available in your account and you can then play online at the chosen online casino.

 

Casino players with Internet banking facilities at the major South African banks can use OZOW, notably:

• ABSA
• FNB
• Standard Bank
• Nedbank
• Capitec

 

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.

✔️ What are advantages of paying with Ozow (i-Pay)?

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.

❓ How safe is Ozow to use at online casinos?

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.