Do you live in South Africa and are looking for more info about SID Instant EFT casinos? Check this out!
In South Africa, the payment system of choice for funding online casino accounts, and taking care of many other things, has become SID, which stands for Secure Instant Deposit. SID is an electronic funds transfer (EFT) that allows consumers to make payments throughout the country using the same online banking sites that most customers are already familiar with. They operate fast, their transactions are safe, and as they offer service through so many of the country’s top banks, they are a big option for many South African who want to play online casino gams for real money on the Internet.
SID has been the leading instant EFT service in South Africa since 2007, so they’re not exactly a new operation that needs to prove themselves. What seems to make the service so popular is the fact that neither businesses nor consumers need to set up special accounts. Customers pay no fees at all for making a payment and businesses seem to be quite happy with the nominal fees charged to them on the transactions.
SiD Instant EFT Casinos
Limits: €/$/£ 10 – 5,000
Limits: €/$/£ 10 – 5,000
Using The SID Payment Option
There are only two things you’ll need to use SID. The first is to have their app on your phone or computer (or both) and a bank account at a bank that works with the company, which is most of them.
That’s it. There’s no need to sign up for an account or hand over any extra personal information. You won’t have a waiting period. And You won’t have to load your wallet. You don’t have to do anything except having a bank account and the app.
Making A Deposit At An Online Casino Using SID Instant EFT
Of course, if you want to fund an account at an online casino, you will need to create and account with the casino where you’d like to play, and it will have to be one that accepts the SID payment method.
Just like at any other online casino, you’ll need to go to the cashier’s page and look for the SID payment method. Choose the SID method and you’ll be asked how much money you’d like to deposit into your account. After that, you’ll be asked to choose the bank that you’d like to use to draw funds for your deposit.
Once you’ve completed that portion of the process, you’ll be taken directly to your bank’s website. You’ll log into your account and the transaction details should all be prefilled for you. Verify that everything is correct, and then you can confirm and submit your payment.The system will send you a one-time-password (OTP) to verify that everything is on the level.
At that point, your funds should be transferred immediately and in most casinos, you’ll be able to start playing within a few moments if not sooner.
Safety And Security Of The SID System
SID offers all of the same benefits that many other instant EFT systems make available to their consumers. Players don’t need to sign up for anything new and can do everything right from the comfort of the online banking system they are already familiar with. The funds are also coming from a real bank account, not a credit account, so players know exactly what money they are spending, how much is in their account, and don’t have to worry about racking up debt on credit cards by either funding e-wallets with them or loading their casino accounts directly with one.
Of course, this also has the side effect of making it a perfect option for anyone who doesn’t have a credit card to use in the first place.
Another outstanding fact about the SID payment processing system is that they have one of the most amazing track records of security success on the Internet. Since its launch in 2007, the network has had exactly zero security breaches, making it one of the most trusted payment systems in the country—and with a record better than many larger networks around the world.
Advantages Of Using The SID Instant EFT Network
- No customer signup needed.
- No credit card required.
- Bank-level payment security.
- No fees for shoppers.
- Pay through mobile or PC devices.
- Real-time transaction confirmations.
Disadvantages Of Using The SID Instant EFT NetWork
In reality, the only 2 disadvantages of the SID network is that it is only available in South Africa and also only works for deposits and not for withdrawals. It is an excellent and secure system that would surely be trusted by many more people and accepted by many more online casinos all over the world. You can check similar services such as: Trustly (also works for UK casino players), ACH for USA residents and others at our banking section.
Find Casinos That Accept SID Instant EFT
Don’t forget, if you’re in South Africa and aren’t sure where to find casinos that will accept the SID Instant EFT payment method, our extensive lists of casinos can help you out.
1. Yeti Casino.
2. Yako Casino.
You can check more information about SID casinos at our website.
This banking method – available also at several online casinos – works great for South African, since most popular banks are integrated in their platform, including Nedbank and ABSA. Don’t worry if you don’t reside in South Africa. You can also check similar services from other companies, such as Trustly, ACH for USA players and Instadebit.
There’s no charge directed to players, although some casino brand may pass a portion of their “cost” to their customers, but honestly, I haven’t seen any online casino do that.
Sadly, this method is only available for deposits. So you will need to find an alternative method to process your withdrawals.
Yes, if your favourite online casino offers the posibility to handle your banking via SID Instant EFT, you should definitely try it. All transactions are protected by secure SSL encryption and your details are not shared with third parties.
Yes. Depositing with SID at any available online casino will give you access to the full plethora of casino promotions. There are no restrictions when you make your first deposit.