SwiffyEFT

Guide to SwiffyEFT Payments in Online Casinos

When it comes to gambling online from South Africa, the biggest challenge that the local gaming community faces is no muss no fuss payments at international lobbies. The players either have to look for platforms that use crypto or e-wallets, or face conversion fees to turn ZAR into currencies available at international lobbies. Well, SwiffyEFT found a way to make banking for South African players easy.

This is a payment gateway that requires no registration and instantly and securely connects the bank accounts of players to online casino cashiers. All that players have to do is own accounts in any of the 10+ local South African banks that collaborate with SwiffyPay, the company that delivers SwiffyEFT.

The list of pros of SwiffyEFT is extensive. This banking solution is free for players, allows them to cut charges on conversions, and instantly delivers payments to casino accounts, to name a few of the benefits. Among the downsides of the reviewed banking method is a relatively small list of international online operators that use it. However, we reviewed the solution only after a year of its launch and already numerous gambling websites picked up on it. At this pace, we can assume the list of SwiffyEFT-friendly places to bet and win to continue growing rapidly.

Meanwhile, let us take a closer look at the list of sites that already added this banking solution to their cashiers, and at ways to deposit and withdraw using it. Plus, we will discuss available promotions and South African banks that collaborate with a payment method. Scroll down for all the inside scoop.

1
Number of countries
1
Number of currencies
12
Number of casinos

Best SwiffyEFT Casinos

Our database has more than 10 certified online operators that accept players from South Africa and already have the reviewed payment method in their cashiers.

One of such recommended websites is Genesis Casino. This is a certified platform with more than four years of experience and a set of prestigious licenses. The library of this website has content from Play’n GO, Quickspin, NYX, and Saucify, as well as live lobbies by Ezugi and Evolution Gaming.

Another place to bet and win worthy of attention is Casoo Casino. This platform was launched relatively recently, and from the get-go, started getting great reviews from registered members. GameArt and Spinomenal are a few out of many renowned content creators available to the clientele. Casoo pays wins quickly and has a lot of bonuses to choose from.

Another brand that belongs on our list of recommendations is Playerz Casino. This place to bet and win was launched in 2021. It has a license from the Malta Gaming Authority and delivers its 100s of slots in an instant and a portable mode. The players are fond of this brand’s instant cashouts, many live games, and slots, as well as hefty welcome deals and diverse ongoing promotions.

Finally, before we send you on a journey of exploring other South Africa-friendly locations on this page, we can highlight Funbet. This is a multi-betting lobby with live games, reeled adventures, and a big Sportsbook section. The community of Funbet can enjoy a big welcome deal, lots of weekly bonuses, and loyalty points.

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SwiffyEFT Facts and Figures

Launched in 2020, SwiffyEFT is a product of SwiffyPay, a South Africa-based company that delivers modern online payment solutions to merchants and customers. In addition to Electronic Fund Transfers (EFT), SwiffyPay also supports payments via e-mail, WhatsApp, and SMS.

In order to use the reviewed banking method, a South Africa based player has to have a bank account in either of the following local banks: Investec, Standard Bank, NedBank, Capitec Bank, African Bank, ABSA Bank, Tyme, Bidvest Bank, First National Bank, and Old Mutual Bank (this list may grow as the company signs more partners).

In a nutshell, SwiffyEFT is a third-party payment solution that connects a bank account of a player to a selected online casino. The banking method supports payments in South African Rands, so there are no unnecessary currency conversion fees for customers. Plus, it is a convenient and cost-effective payment method for those who do not like to use cards for online payments.

In order to make a deposit, the player needs to take the following steps:

  • Select an online operator that accepts players from South Africa and is at the same time friendly to SwiffyEFT.
  • Create an account in an online casino.
  • Head to the Cashier and Deposits.
  • Specify the amount one would like to deposit.
  • Select SwiffyEFT among the payment methods.
  • The payment page will then transfer a player to the verification page.
  • The finds are delivered instantly to the cashier of a selected online operator.

Name

SwiffyEFT

Type

Bank Transfer

In casinos for depositing

12

In casinos for withdrawal

2

Company name

SwiffyEFT

Website

https://www.swiffy.co.za/swiffy-eft/

Countries

South Africa

Currencies

ZAR

Address

Durban, South Africa

Best SwiffyEFT Bonuses

Because SwiffyEFt is a bank-based payment method, it is suitable for promotions. Online operators will not raise questions about the risks of identity theft — an issue that always comes up if a player uses e-wallets or prepaid vouchers. However, either of the websites that accept South Africa can have limits on its promotions. Some websites prefer to withhold bonuses altogether for the reviewed country. This is why we recommend consulting with a help desk representative of a selected website about the availability of promotions prior to registering.

Meanwhile, newbies of Genesis Casino can claim a 100% cash match deal on the initial deposit and the offer has to be rolled over on slot machines. The wagering requirements are 40xB. 

When registering at Casoo, newbies can count on a hefty welcome package. It is a cash match between 200% to 25% on four initial deposits. The playthough terms are 25xBD. The only games allowed for this promotion are slot machines.

The welcome deal at Playerz is a package between 100% to 25% on four initial depsoits, and the rollover requirements are 40xB. At Funbet, it is a cash match of 100% on the initial deposit, and the wagering requirements are 30xB.

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Alternative payment methods for United States: Ohio

FREQUENTLY ASKED QUESTIONS

Does SwiffyEFT process payments for countries other than South Africa?

No, or at least, this was not the case when we were working on this review. The company that provides SwiffyEFT partners only with the local South African banks and any player that wants to use it has to have an account with either of these partnering banks.

Can I claim withdrawals via the reviewed payment method?

Yes, SwiffyEFT works with payouts, sending funds from casino accounts (on request of online operators) to bank accounts of the players. Between 24 to 48 hours should be received for such payouts.

Can I use ZAR with SwiffyEFT?

Yes, this South Africa-local electronic fund transfer solution supports ZAR, which allows players to save on conversion fees.

How long does it take for deposits to reach casino accounts?

When making payments via SwiffyEFT, you can enjoy instant financial transactions.

Are there any processing fees for using SwiffyEFT?

No, the reviewed banking method charges merchants, not the players. This is true only for the electronic fund transfer, not for any other products of SwiffyPay.

Are there any deposit or withdrawal methods for this payment method?

Consult with the selected online operator. Any online gambling platform will have maximum deposit and withdrawal limits per single payment.

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