EasyEFT South Africa is a dedicated payment processor for the online gambling market. Based in Mauritius and founded by South Africans, EasyEFT offers hassle free transactions for online gamblers. Unlike other payment methods, EasyEFT is directly integrated with many South African banks. So, you can make safe and secure payments at online casinos without any middleman. Let’s find out why we recommend only depositing and withdrawing with EasyEFT.
South African banks have been ordered by the government to crack down on incoming offshore payments from online casino operators. Credit cards are always the most commonly used casino payment methods. However, banks and credit card companies have started restricting card holders to a maximum limit of offshore transactions. Furthermore, they have started creating hassles for players trying to send their casino winnings to their banks via their credit cards or to their banks. So, with EasyEFT being a South African entity, you can deposit and withdraw as much as you want, as all transactions appear as local transactions to the banks. This is one of the major reasons we recommend that you only use EasyEFT at online casinos.
Online gambling in South Africa is considered illegal except for sports betting which is regulated. Even so, you can gamble at offshore online casinos. Therefore, most transactions, whether with credit cards or e-wallets, will incur some currency exchange fees. EasyEFT is operated in South Africa, so all transactions are local. Therefore, all transactions are in Rands and you pay no exchange fees.
One of the most sensitive issues when depositing online is sharing your financial information. Sending money abroad can be scary, especially if you’re swindled. If this happens, the government or credit card companies may not have the power to help you. So, using a local payment method guarantees you safety and security.
EasyEFT offers a direct banking solution for online gambling in South Africa. With e-wallets, you have to transfer funds from the casino to your e-wallet and then from there to your bank. However, with EasyEFT you can transfer funds instantly to and from your personal bank account. So, to sum it up, you should only gamble at online casinos that supports EasyEFT. If a casino site has this payment method, then it’s a sign that the online casino can be trusted. Because by offering this solution it shows that they care and look out for their South African players. Click here to view our most recommended EasyEFT Casinos.
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