Best EasyEFT Betting Sites

Tailored to the South African bettor, EasyEFT is the second most popular payment option behind credit cards. Accepted by practically every merchant across the country, it allows payments without a credit card by only using a bank account.

Fast payments, reliability and no fees are the main features that make it a trusted payment option for South African players. Together with all the essential aspects of EasyEFT, you are about to find out:

ᐉ How to deposit and withdraw with it.

ᐉ A detailed guide on how to use EasyEFT and deposit to your preferred bookie.

ᐉ All the benefits and shortfalls of EasyEFT betting sites.

Carla Naude Sep 15, 2020

Which Are The Best EasyEFT Betting Sites?

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Benefits Of Betting With EasyEFT

✔ Swift payments: Deposits are credited instantly, and withdrawals take between 1-3 days at most.

✔ No fees by the service: EasyEFT never charges you with any payment fees, meaning that you can keep it low in betting sites with no minimum deposit.

✔ No registration needed: You don't have to sign up to any external website to use EasyEFT. Only the process of depositing to your bookmaker is enough.

✔ Reliable and secure: Since you deposit using your bank account, your bank's security measures apply here as well.

✔ Designed for the South African market: The option is available only to South Africa and has tailored its services to ZAR.

✔ Supported by the biggest banks in S. Africa: The major banks in South Africa are Standard Bank Group, First National Bank (FNB), Absa Group and Nedbank Group. Along with Rand Merchant Bank (RNB) and Capitec, all four of them cooperate with EasyEFT.

✔ No credit card required: A bank account number is enough for betting with EasyEFT. No credit card hassle is needed.

Drawbacks of betting with EasyEFT

❌ Limited acceptance by bookmakers: Since it’s only available for South African bettors, many bookmakers that don’t have a local license do not offer it as a payment option.

❌ Transaction fees by the bank: Although EasyEFT has no fees, your bank might charge you for your bookmaker's transactions.

❌ Betting activity is tracked: As EasyEFT makes payments using your bank account number, it is effortless for tax or other authorities to monitor your wagers and the associated financial actions.

❌ Available only in ZAR: You must have a ZAR bank account, as it is the only functional currency for EasyEFT.

❌ Not many bookies allow withdrawals: One of the most significant disadvantages of the payment is that many bookmakers don’t allow payouts. Instead, bettors need to find alternative methods to withdraw their winnings.

Now that we have seen all the pros and cons of betting with EasyEFT, it will be helpful to see if there are any extra fees. Moreover, although EasyEFT is a notable option for any South African bettor, it is good to keep in mind alternative deposit methods.

Frequently Asked Questions

What is EasyEFT and how it works?

It is a popular payment method in South Africa. It allows you to complete transactions without a credit card only by using bank account details.

What are the leading EFT providers?

The most popular and widely accepted are EFTsecure, EasyEFT, PayFast, OZOW and EFTPay. They allow payments to go through to every merchant in South Africa and fully support ZAR.

Can I use EasyEFT for betting?

Sure, as it allows both deposits and withdrawals to bookmakers that accept it. You can also claim sign up offers, as there are no restrictions regarding that.

Are there any fees for betting with EasyEFT?

While EasyEFT payments to bookmakers have no fees, the bank might charge you for withdrawals. You should also have in mind that your local tax authorities can request your betting activity.

Best EasyEFT Betting Sites

Which Are The Best EasyEFT Betting Sites?

Tested And Approved EasyEFT Betting Sites

Benefits Of Betting With EasyEFT

Drawbacks of betting with EasyEFT

Ηow to bet with EasyEFT