SwiffyEFT Online Casinos

While the South African online gambling market is growing each year, players do not have that many cost-effective options for deposits and withdrawals, but with SwiffyEFT, all of their troubles go away. This is an electronic funds transfer solution allowing South African players across online casinos to make fast and secure, and above all, affordable transactions. But it also allows players to play with their own country’s currency, therefore, avoid unnecessary currency conversion fees. How to use SwiffyEFT for online casino deposits and withdrawals?

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SwiffyEFT FAQs

About SwiffyEFT

SwiffyEFT is the solution you need if a player across South African casinos. This is the solution that will solve three of the most important problems you’re continuously facing across international online casinos accepting players from your country. One, you will get to deposit and withdraw across online casino sites without the need to use a credit card, which is usually the only choice you have. Secondly, while credit cards arrive with hefty fees for South African players, with SwiffyEFT, your transactions will be incredibly cost-effective. And thirdly, you will be able to play your favourite online casino games using your own currency, the South African rand (ZAR).

As you can see, these three problems are solved, which are the things that bug South African players the most. But how can SwiffyEFT solve all of these problems?

Launched not that long ago, in 2020, and even though pretty new, the solution has managed to partner with some of the major banks in South Africa, to provide its third-party financial services. As implied by its name, it is an EFT (electronic funds transfer) service, allowing you to seamlessly move money on the internet directly from your online banking account to the chosen online platform, in this case, an online casino. All online casino players who have an account with Standard Bank, Tyme, African Bank, Nedbank, Investec, ABSA Bank, Capitec Bank, First National Bank, Bidvest Bank and Old Mutual Bank, can use its services and experience effortless and incredibly cost-effective online banking.

And as such, as soon as it was launched, it became instantly attractive to both merchants and users, since it solved so many of their usual problems. Online casino players are particularly interested in playing with it, for obvious reasons. And due to the huge demand for fast and secure transactions, it is already offered across many online casino sites. In fact, it became one of the top most-used payment solutions by South African players across international online casinos. Stay with us to learn how to get started with it and use it for affordable, quick and safe deposits and withdrawals.

Types of Services Offered

If you read the About Us page of the company behind it, Swiffy, you will see that the solution is led by professional financial experts, doing their best in the financial scene for years. Therefore, it should not come as a surprise that the company itself offers several other services, not only SwiffyEFT, but also SwiffyBenefits, SwiffyCX, SwiffyBot and SwiffyPay. The first three are mainly services for merchants and business owners, to offer to their respective users, while SwiffyPay allows users to pay via SMS, email or WhatsApp using their credit, debit card or InstantEFT.

But since we’re interested in SwiffyEFT, because it is the most suited for online gambling transactions, you should know that it is based on the known Electronic Funds Transfer system, a system that is offered across many countries, South Africa included.

As such, it does not come with many prerequisites that you need to meet in order to get started with it. In fact, all you need is a bank account with one of the partnered banks. As long as you have, you can start using it right away to transfer money across the globe, in ZAR.

Yes, it is that easy to use; you don’t even need to create a separate account or download a separate app to use it. As you will see next, all you need to do is choose it as your payment method at your chosen online casino and you’ll get detailed instructions on how to request a transaction with it.

How to Deposit with SwiffyEFT?

You should know right away that even though a pretty new payment solution, SwiffyEFT has already become quite popular across South African casinos. In fact, it is already listed as one of the recommended, featured, most-used solutions. Therefore, you won’t experience any problems with its availability, and you’ll find a reliable site to join fast. You can explore both existing and new South African sites since the list of casinos that offer it as an option is pretty decent.

So, explore several options and join the one that suits you most. Next, you would need to choose the solution as your default payment method. You can do that upon registration or:

1. Select it from the payment methods list when you enter the casino’s Cashier/Banking section.
2. After you click on SwiffyEFT’s logo, in the new window, enter the amount of money you’d like to fund your online casino account with.
3. From the list of partnered banks, select yours.
4. Log into your online banking account using your credentials, and you’ll soon see your deposit being processed quickly and securely.
5. Confirm the transaction by clicking on the Pay button and start playing your favourite games right away, in real-time.

How to Make a Withdrawal with It?

SwiffyEFT does not only provide you with real-time deposits, but it is also quite effective and swift when it comes to withdrawals. The procedure for cashing out winnings is pretty much the same. You choose it as your withdrawal method, specify how much you want to withdraw, log into your online banking profile and confirm the request. The casino will confirm the transaction as soon as it reviews it, which would be in about 24 to 48 hours. But as soon as the operator approves it, the solution will make sure the money arrives in your bank account as promptly as possible.

Country Restrictions and Other Limitations

It is more than obvious that SwiffyEFT is a solution available in South Africa only. So, it can cater to South African casino players exclusively, and no player from any other country can use it. All other countries are actually restricted.

As far as other limitations go, you are now well aware that the South African rand is the only currency you can use to transact. And, you need to have an account with one of the partnered South African banks, as named previously, in order to use it.

We’re mentioning how cost-effective the solution is throughout the entire article. But what are the actual fees you need to pay and when? Believe it or not, to use its basic services, meaning to make deposits and withdrawals with it, you won’t need to pay a thing! That’s right, deposits and withdrawals with it are completely free of cost. But to use the rest of the services offered by the company, like SwiffyPay, for instance, you’ll need to pay a monthly fee of ZAR399.

Advantages and Disadvantages

You learned about the three main benefits you get when you first started reading this article about SwiffyEFT. These three benefits are fee-free, incredibly fast and transactions with South African rands. What else could one South African player look for? Normally, South African players are limited to three to four payment methods when playing across international online casinos, methods which are either too expensive to use or transactions with them take forever. But with this solution, all of your problems are solved.

To sum up, using SwiffyEFT, you will be making deposits and withdrawals using your own currency, the South African rand. You won’t need to pay currency conversion fees, which is normally the case across international online casinos accepting South African players.

With it, you can make deposits in real-time and pretty prompt withdrawals, and not wait for days for your money to arrive at the desired destination. And, on top of that, all deposits and withdrawals with it will be completely fee-free. Plus, the solution has partnered with the leading South African banks, so you’re probably already an eligible candidate to use its services. On that note, to get started with it, you don’t need to meet any special pre-conditions; you only need to be a South African citizen with an account with one of the partnered banks, and that’s it. You don’t need to register a separate account or download a separate app.

The only downside to this otherwise extraordinary solution is that players from other countries cannot make use of its exceptional services. If not a South African player, do not get your hopes up, because this incredible solution will be out of your reach.

Final Analysis

It is pretty clear that as a South African player you must try SwiffyEFT. This is a one-of-a-kind solution, perfect for players from the country. There’s a huge lack of convenient payment methods for South African players across international online casinos. But casinos that offer players SwiffyEFT have solved all South African players’ problems.

With it, you’re getting a solution that processes deposits instantly, and withdrawals pretty promptly. It is a solution accepted across the best South African casinos, so you’ll have a huge choice of sites to explore and join to play using it. With it, you’re enabled to play using ZAR, and you’ll avoid paying currency conversion fees like you normally do. And, since it is so easy to use and no registration is needed, all you need is an account with one of the eligible banks and you can start using it right away. And, considering this is not a credit/debit card, you will avoid paying hefty fees. In fact, the basic deposit and withdrawal transactions with it are completely fee-free!

The only reason why a player should not consider playing with this solution is if they’re not a player from South Africa. Otherwise, make sure you start depositing and withdrawing with it right away. You won’t find a better payment method to use, available across so many sites, and offering so many perks. Enjoy it!