Instant EFT Casinos

Pros of using Instant EFT Payments

• Safe & secure
• Instant transactions

Cons

• A 2% fee is attached to all your SID Instant EFT transfers.

What is Instant EFT?

Instant EFT is short for Instant electronic funds transfer and is a service that creates a link between your online banking account and the instant EFT casino. The service allows you to transfer funds from one account to another, in this case from your normal bank account funding your player account.

Not all banks offer these EFT options and the casino should list the payment method in their list. To view the online casino offer it, head over to the cashier and click on deposit. Once you are at the cashier section, look for Instant Electronic funds transfer. Or look out for the payfast option.

Instant EFT Options

Overview of EFT Payment Solutions

South African players have access to various electronic funds transfer (EFT) options to facilitate online casino transactions. These EFT payment solutions offer secure and convenient ways to transfer funds from their bank accounts to their chosen online casino accounts. Let's explore three popular EFT options available to South African players:

Easy EFT

Easy EFT is a South African origination payment system that allows players to conduct secure, safe, and reliable online transactions. Players that opt to use Easy EFTs will only have to make a few clicks to be able to transfer funds to their player account. This without the need for debit or credit cards to complete the transaction process.

Instant EFT

Instant EFT is another way of transferring funds electronically in South Africa from your account to your chosen online casino. Powered by Payfast, it is one of the favourite gateways for SA punters. Transfers are done successfully through your Internet banking platform. The transferred funds are being verified instantly.

Sid Secure EFT

Sid instant eft transfers have been a popular electronic funds transfer method in South Africa since its launch in 2007. Just like using Instant EFT and Easy EFT, players can transfer funds immediately using the payment platform. Without the need for waiting long timescales for both their deposits and winning withdrawals.

What is PayFast?

PayFast is the biggest one of the most popular payment method options amongst players from South Africa. The payment system has teamed up with both PayGate and Sid to unleash a new payment system supporting the global online casino player. This means that PayFast-supported banks and operators will be available for your deposits and withdrawals.

Payfast instant EFT casinos in South Africa

Payfast instant EFT casinos in South Africa have a great number of payments to choose from since the payment option has teamed up with the following payment method options:

• Credit Card and Debit Cards
• Sid instant eft casinos transfers
• Apple Pay

Both Visa and Mastercard can be linked to your gameplay. When you play your chosen casino games, you can link your credit or debit card to fund your payfast casino deposits and withdrawals.

Sid Instant eft casinos offer transfers that are quick and easily manageable via any mobile device. All your transfers are secure, fast and with money debiting directly from your bank account. Using Sid, your payments are managed directly via your internet banking. Funds are cleared immediately and ready to use on your favourite casino games.

Apple Pay can also be linked to the Payfast payment method, allowing you to transfer funds to and from your e-wallet account swiftly. This with an added secure feature to all your online transactions.

Fees associated

Whenever we use instant EFT as a payment method, there is a small fee that goes hand in hand with your deposits and withdrawals. The good news is that you can calculate in advance the fees associated with your payfast casino transfers.

As you head over to the payfast website, you can click on Fees to use the handy online calculator to calculate your fees. Below we highlight some fees associated with your EFT payment options.

Your instant EFT payments are subject to a 2% plus minimum R2.00 for all of your payments. Since PayFast is a South African payment method operating with the Rand, there are no currency conversion fees applied.

What other payment options are available?

Sid Instant EFT has been around for over 16 years, with over 7 million customers using the service in recent years. The bank platform has also integrated over 80 plugins, meaning it has partnered up with some of the major online casinos in South Africa. This allows players to use the service to cater for all gambling sites' gameplay funding.

Still, you will find many players who prefer more traditional payment methods to fund their casino accounts with money. Instant eft by Payfast does have fees attached as we explained earlier, but do you want to sabotage your peace of mind and security, by opting for less popular payment options?

Gamblers looking for alternative payment methods can opt for one of the following when looking for deposit and withdrawal options:

Credit Card

Sharing credit card required along with your card details, expiry date and also your CVV.

E-wallets

South African punters can use an e-wallet such as Skrill, Paypal and other payment selections.

Cryptocurrencies

Not all South African sites support cryptocurrencies but some offer you transactions with Bitcoin, Litecoin and Ethereum.

What casino games can you play?

Once an online casino account is credited with an instant EFT, the transaction is processed instantly, meaning the funds will be available quick. Here is what South African customers can binge on:

Slot Games

Online casinos have a vast selection of (video) slots which South Africans can binge on. Classical games lack bonuses and features, but other themed games are available for you to spin the reels and win.

Table Games

Table games are available both live (Live Casino) and non-live. Via the non-live table games, you will be enjoying your go-to land-based casino favourites such as Blackjack, Baccarat, Roulette, Poker Games and more.

Live Casino

Live Casino offers South Africans the chance to sit at live tables and enjoy live table games manned by live dealers. Live casino games include Monopoly Live, Live Roulette, Football Manager Live, Poker Games Live and other live table options.

Other Games

Casinos also offer other games for South African customers. These include bingo games, scratchcards, sports betting, instant games and other options you can play for real money.

What bonuses do instant EFT online casinos offer?

Once you make your first deposit using Payfast payments, you will be able to walk away with chunkier money to use for your gameplay. Here are some of the bonuses available.

Welcome bonuses are tied into your first deposit completed at instant EFT casino sites. Your initial deposits will grant you a 100% deposit match, along with a set amount of free spins to get you started. Welcome bonuses are available to claim either for casino, sports betting or live gameplay. Players would be able to claim only 1 sign-up bonus, with wagering terms and other terms and conditions attached.

Reload Bonuses

Once your sign-up bonus is claimed, you can still transfer funds to your casino account and claim other bonus offers. Offers claimed after the welcome packages are called reload bonuses and can be claimed with the instant EFT transaction method. Reload bonuses include deposit promos such as money matches, free spins and even live casino cashback. Any bonuses claimed will be credited to your player account once your instant EFT transaction is complete.

VIP Loyalty Promotions

Loyal players who choose a casino over another will be rewarded for their loyalty. Many online casinos offer a VIP loyalty scheme that awards you every time you make a deposit and wager money at gambling sites offering VIP programs. Perks associated with your casino gameplay include lower wagering requirements tied with promotions. But also a free personal account manager, invitations to special events, casino account transaction benefits and more perks.

How to find the best Instant EFT casinos

It is no secret, that we love online casinos, we love them so much that we search for the best sites for us to sign up for free and play top South Africa casino games.

If you are looking for the next gaming site, here are the things to look out for:

Banking Method Options

If you want to use the instant EFT banking method, it would be wise to check if the casino supports the deposit and winnings withdrawals option. To check if these options are offered, you can either check the site's FAQ section or the payment menu section. It would be useless to sign up for a new gaming site that does not offer these transfers, hence we placed this check at the top of your casino checklist.

Licensing

Players looking for good secure gameplay and just an good time at South African sites cannot overlook licensing. A licensed casino site is regulated by the SA Gambling Board which oversees all online gambling operations occurring in the regions. SA gambling sites sometimes also host gambling licensed issues by either the Malta Gaming Authority (MGA) or the United Kingdom Gambling Commission (UKGC). To check if a site is indeed licensed, you can either scroll to the very bottom of the casino lobby when licensing logos are displayed or check out the site's About Us section.

Game Selection

Game content offered by the gaming site you are checking out is also a big deal. Why play at a site that does not offer your go-to casino games? A great selection of slot games, table games and live casino tables would boost your overall player experience and offer you a variety of real money games to choose from. The best payfast casinos also allow you to test the games for free, with no need to use real money to try out new games.

Promotions

Boosting one's registration with a signup bonus is a must, but walking away with weekly recurring casino promotions is a bonus. When comparing casino sites, have a look at the promotions the Instant EFT casino offers. Do they have any free promos? Is there a VIP loyalty program that you can sign up to? Maybe some weekend slot tournaments to turn a mundane weekend into a lucky one? Click on the promotions sections via the casino lobby.

Frequently Asked Questions about Instant EFT