Home South Africa Most popular payment methods in Africa

Most popular payment methods in Africa

4
0

Filling an account in African casinos usually does not have any difficulties, as it is possible to do this by all the most popular payment methods. Previously, it was possible to do this by credit card and bank transfer, now electronic wallets are rapidly gaining popularity, which can also be filled in African casinos. We invite you to read further and get acquainted with the most important information about payment methods.

In all African casinos you can replenish your account by bank transfer. Most often, the deposit amount is not large – 2-3 kilograms. This is a great opportunity for players without risking a large amount of money to try the casino and decide whether they want to continue playing here. There are no charges for replenishing your account and your account is replenished immediately. Also, in the past, it could be that the casino would not activate the bonus if the account was replenished with an electronic wallet, making bank transfer one of the most popular options.

It can be said that this is the most popular payment method, since almost everywhere it is possible to replenish an account with a credit card. All deposits are made at once and the minimum amount is often lower than electronic wallets. It may not be possible to make a payment of money to a credit card, therefore, before using this method of payment, you should pay attention to this. However, if you have a “Visa” or “Mastercard” credit card, there is a good chance that this will become your main method of replenishing your casino account.

The minimum deposit and payout amount depends largely on which casino you are playing in. You may be able to replenish your account and make a cash payment from 3km, but there are also casinos where the minimum payout amount is 10km or more.

It is a rapidly growing payment method in Africa, and with “Skrill” and “Neteller” electronic wallets you will replenish your account in almost all African online casinos, but also international ones. As a result, it is these two electronic wallets that are gaining more and more attention. There are many more electronic wallets – “PayPal”, “ecoPayz”, “GiroPay” and others, but they do not have such popularity among African casino payment methods.

The main plus of electronic wallets-fast payment of money. Depending on which casino you are playing in, when you make a payment to an electronic wallet, they can appear in your account within a few minutes, while money goes to a credit card or bank transfer for 1-5 business days. However, some casinos have not previously activated bonuses if money is deposited with these electronic wallets.

Online casino laws in Africa

We have already mentioned that casino games in Africa are legal at the age of 21, so this can be called the Basic Law. Also, players who play in African casinos should know that in Africa there is a tax on profits from gambling, which amounts to 15%. Another important point is that websites that do not have an African gaming license are blocked in Africa. As a result, there may be difficulties in accessing these sites in order to try out at international casinos.

However, playing in African casinos is an obvious plus – the players are fully taken care of here. This law only brings players closer to the companies operating here, allows them to expand and improve more, while players can feel safe while playing, because they know that they are playing in licensed and proven casinos. When playing in African casinos, your winnings are transferred to the state tax inspectorate, and at the end of the year you need to pay 15% of the tax from the profits incurred. Meanwhile, when playing at international casinos, these fees must be paid by players personally and voluntarily. Since the STI does not see this information, the players themselves must complete the fees.

When playing in international casinos, you will not be protected by African gambling laws, since you will play in a casino that has a completely different license, therefore, you should familiarize yourself with the terms and conditions before playing. When playing in African casinos, you may know that you can contact the Gambling Supervision service under the Ministry of Finance of the Republic of Africa at any time, as it is responsible for the fair operation of the betting sites in SA.