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PayDo in South African Casinos
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Given how countless South African players are joining international online casinos on the daily and how they need global payment methods at their disposal, PayDo's popularity across South African-catering online casinos is on the rise. This global eWallet allows South African players to use several products to make the most effortless deposits and withdrawals in their native currency, the South African rand. The best part is, that the solution is already offered across the majority of sites that target South African players, therefore, if you wish to start using it yourself, make sure to continue reading to find out all about it. What is PayDo and why decide to use it across South African online casinos?
Online Gambling Regulation in South Africa
If you know a bit about South Africa's history, you know that it was a British colony until 1961. Four years after gaining its independence, the country legalized land-based gambling. In 1965, South Africa introduced a legal framework that legalized different verticals, casino gambling, lottery, sports betting, bingo, and poker. With that, a great number of gambling establishments were built within its borders. In 1996, the country made sure to introduce the National Gambling Act which would better regulate these verticals and confirm their legality.
Around the same time the country introduced the Act, online gambling was taking a swing. South Africa did not include it in the Act but took its time to decide whether or not online gambling should be legalized or not. Finally, the decision was made to legalize online sports betting and online lotteries, but not online casino gambling. What's more, states were given the right to decide whether they wanted these two legal verticals across their territories or not. Many states decided to stick with land-based gambling, but states like the Western Cape wanted to get a taste of the online gambling action and included the two legal online verticals in their gambling offering.
In the meantime, South African players started frequenting offshore online casinos. In fact, they are among the most frequent players across international online casinos, enjoying all kinds of online casino games across these sites. The authorities noticed this rise in online casino gambling popularity among the citizens and started reconsidering the regulations. In 2024, a new bill was submitted to legalize online casino gambling in South Africa, given the growing popularity of the industry and the fact that it’s changing the market dynamics.
As of 2024, we saw software developers launching in South Africa’s regulated market, even though we could find no actual evidence that the country has actually legalized online casino gambling. At the moment of writing, what we are certain of is that South African players are frequenting international online casinos that they can access. Sure, the authorities are not happy about that and are considering legalization to have the industry in-house, but so far, we have heard of no new developments.
Therefore, as a player from South Africa, you can rest assured that you have hundreds of global sites to check out and join, as many operators are targeting South African players. Across these sites, you will be able to try out games from so many different verticals, so whether you're into slots, or you love the real-life-like action on Live Casino games, you are in for a real treat. These games are delivered to you exclusively by world-class developers like Pragmatic Play, Booming Games, Games Global, and Playtech, among others.
The only thing you need to decide on is the payment method you’ll use. Considering it is not certain whether or not you are legally allowed to play online casino games at the moment of writing, you might want to consider using an alternative payment method for your deposits and withdrawals, just to be safe. Across sites that cater to South African players, there’s one digital wallet that has spiked in popularity, PayDo, so you might want to consider using it yourself. This is a globally-offered eWallet that allows users to hold a multicurrency account, various products and services, for a seamless online banking experience. As of recently, it added the South African rand to its list of supported currencies for a certain service it offers, therefore, you will even be able to transact in your native currency with it. Stick with us to learn more about it in the following section.
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Using PayDo Across South African Online Casinos
Online banking is essential nowadays, and what makes it so popular is the fact that with it, we can transact to and from any country in the world. Now, with the aid of third-party providers like PayDo, South African players can transact to and from any international online casino, using their native currency, the rand. This UK-based digital wallet is superb since anyone, from anywhere in the world, can create an account with it, and use several currencies to conduct their global transactions.
eCommerce Technologies Ltd, the company that runs it, has been authorized by the UK’s Financial Conduct Authority for the provision of payment services, and that’s why the eWallet has been offering safe and convenient online banking services ever since it launched. The remote account you create with it allows you to have multiple balances in different currencies. Previously, the digital wallet only supported 12 currencies and the rand was not on the list, but as of recently, among the 12 new currencies added, the rand is your option for SWIFT transactions.
Speaking of transactions, as a South African player, with this digital wallet, you’ll be able to use your local currency without paying any conversion fees across all online casino sites that offer it. Add to that the fact that the solution won’t charge anything for its service, and there you have it, the most inexpensive alternative solution to consider using as a South African player across international online casino sites.
If you already made the decision to try it out, here’s what you need to know in order to get started with it. You need to open a free account with it, by pressing the Sign-Up button on its official website. As soon as the application form appears, enter the needed personal details and verify your identity to create the account. Once created, you can top up the account using a SWIFT transfer, VISA, or MasterCard. Enter the amount you'd want to use across South African online casinos, and with that, you'll be equipped with everything you need to start using it.
On that note, make sure you stay with us, as in the next section, we'll tell you exactly which steps to take to successfully fund a South African online casino account with it and cash out winnings from it.
Deposits and Withdrawals with PayDo
It is undeniable that PayDo is getting the attention it deserves across South African-catering online casinos. South African players love the fact that they can use it to transact in their local currency, and that's why operators that cater to them ensure to list it as an accepted method. Just start searching for sites you have access to as a South African player, and you'll see that at least a few will pop up in the very instant.
After you find the site to join, register a player account with it. You will need to provide some basic personal details here again, and once you do that, you’ll beready to top up your player account. To do that with PayDo, go through the following steps:
- Find the Banking/Cashier page on your registered player profile.
- Locate the Deposits section and select PayDo from the list of accepted methods.
- Enter your digital wallet account in the new tab, as prompted.
- Specify how much you’d want to deposit and in which currency.
- The money will arrive in your casino balance in an instant.
Most South African online casinos that offer it for deposits also accept PayDo for withdrawals. You will need to double-check with the casino you joined, but chances are you will be able to cash out your winnings with it since the solution offers the functionality.
Assuming it is an option for withdrawals, go through the same steps we just described for deposits, making a few slight changes. This time, you select the solution from the list of accepted Withdrawal methods, of course, and then after you access your eWallet account, you request the amount you wish to cash out in your preferred currency. As soon as you get the operator's approval, which should happen in give or take 48 hours, you will have your winnings in your eWallet account instantly.
Conclusion
PayDo is certainly a useful payment method to use for deposits and withdrawals across South African online casinos. It allows you to transact in your native currency, the rand, and it is offered across a decent number of sites, so you have great choices to consider before joining the casino that suits you most. Make sure you give it a go, and you won’t regret making this decision, as the eWallet is completely safe and effortless to use.
FAQs
Is online gambling legal in South Africa?
South Africa legalized and added online sportsbetting and online lotteries to its National Gambling Act, but online casinos were excluded. The authorities tried regulating online casinos, too, but at the moment of writing, no legit records exist that confirm or deny their legitimacy. For the time being, South African online casino players are frequenting international online casino sites.
Can South African players get into legal trouble for joining international online casino sites?
Yes, they actually can, since the authorities have warned them against gambling across international online casino sites. They can get prosecuted and fined, as can operators that continue targeting South African players. But despite that, operators continue catering to them and South African players continue playing across these offshore sites.
Which currencies can I use via my multicurrency PayDo account?
In your multicurrency account, you can use the Norwegian krone, Hungarian forint, Swedish krona, UK pound, Polish zloty, euro, Danish krone, Czech koruna, Romanian leu, US dollar, Swiss franc, and Canadian dollar, but for SWIFT transfers, in addition to the South African rand, you can use 11 other currencies.
Does PayDo support any cryptocurrencies?
No, actually, the solution has been only authorized to provide services in fiat currencies, since it functions through standard banking institutions and solutions. You can only use one of the 12 supported account currencies and the 12 supported SWIFT transfer currencies; crypto is not an option.
Who do I contact in case my PayDo deposit/withdrawal fails?
When it comes to deposits/withdrawals with PayDo, if something happens, first call your casino’s Support team to see whether the error happened on the casino’s end. If that’s not the case, you can always get in touch with PayDo’s Support team via the email address [email protected] or the on-site contact form.