Payment Methods at Nigerian Betting Sites
There are a ton of different payment methods on Nigerian Betting sites and Online Casinos. Some sites might offer one method while other sites offer totally different payment methods. There is literally a sea of different methods and it can be very confusing in the beginning.
In this guide, we have compiled a list of the most popular payment methods on Nigerian online casinos and betting sites. With this information, you can then decide which method is best for you.
Nigerian Online Casinos with Best Payment Methods
Bank card
Nigerian sites usually accept different kinds of bank cards. VISA and Mastercard are the most popular options but sometimes also Maestro is accepted. The benefits of this method are the easy deposits and the fact that many Nigerian players already have a bank card or credit card. You just need to enter your card information on the site and you are ready to go.
Bank cards for deposits in Nigerian casinos have gotten a little less popular throughout the years. There are a few reasons for this. One of the reasons is that the betting site or casino usually charges a small fee for deposits. Most of the time it´s between 1-2 percent but in extreme cases, it can be up to 5%. Another disadvantage is that withdrawals are exceptionally slow. When you make a withdrawal with a bank card it can take 5-8 days for the money to show on your bank account. Not fantastic. Debit card casinos are still a decent option as long as you keep this in mind.
VISA
Founded in 1958, Visa cards are a widely accepted form of payment used by millions of people around the globe. With Visa you make secure and convenient transactions. Issued by various banks and financial institutions, Visa cards come in different types, including credit, debit, and prepaid cards. They facilitate easy payments, whether for in-store purchases, online shopping, or depositing at Nigerian betting sites and casinos.
Mastercard
Mastercard is the second largest payment processor in the world, after VISA. It was founded in 1966 and their services can today be used in more than 210 countries and territories. For Nigerian casino players, it works much like VISA when it comes to playing at Nigerian online casinos and betting sites. It is equally convenient and has the same pros and cons. It is smooth for deposits, but sometimes there might be fees associated with deposits and withdrawals.
eWallets
eWallets are a sort of digital wallet. They are very popular on Nigerian online casinos and allow for fast withdrawals in a secure environment. The benefit of these is that you don´t need to give any sensitive information to a casino you don´t trust 100%. You can choose to either deposit money to your eWallet or connect your bank card to the wallet.
Skrill
Skrill is one of the most popular eWallets in Nigeria. It´s a safe deposit method that is very easy to use. They´ve also been around for a long time as the company was founded already in 2001. More than 20 years in the business is good proof that your casino deposits are safe with them.
To use Skrill you first need to create a Skrill account. After that are no more hurdles and you are ready to deposit at any Nigerian betting site offering this option. At some online casinos, Skrill withdrawals are immediate.
Neteller
Neteller is very similar to Skrill and today they are even owned by the same company. They always prioritize the safety of your information and transactions. They even guarantee your deposits so if anything weird happens you can always get your money back.
Sometimes there are fees associated with deposits at Neteller casinos but most of the time they are free. Withdrawals are processed within 24 hours.
Bank transfer and ATM deposit to casino
Bank transfer is something most Nigerian players know about. It´s an easy process that is familiar to our daily lives. You are using bank security so you don´t need to worry about safety.
The tradeoff to safety and familiarity is that bank transfers can be slow. It can take a few days for them to be processed which is not the best option for the player that wants to play directly.
Some casinos also let you deposit at their ATMs. The casino or betting site has the procedure on their website but most of the time you just go to the ATM, give your PIN, and transfer money to the casino. It´s a very straightforward process.
Mobile payment methods
PalmPay
PalmPay is a mobile wallet licensed by the Central Bank of Nigeria, commonly used for digital payments. It allows users to make deposits at online casinos directly from their smartphones using a phone number or wallet ID.
Transactions at Nigerian PalmPay casinos are typically processed instantly, and some platforms also support withdrawals to PalmPay accounts.
OPay
OPay is a Nigerian mobile payment service that enables users to transfer funds and make online payments through its app. It is supported by many online casinos for deposits.
OPay is often integrated via Paystack or other local payment gateways. While mostly used for deposits, some operators also allow withdrawals to OPay wallets.
Quickteller
If you want to use your bank for deposits but want a faster option you can use Quickteller by Interswitch. It is an app for mobile payment at Nigerian betting sites. You can also use their website if you don´t want to download the mobile app.
It works similarly to the eWallets we talked about earlier. One difference is that this is actually a Nigerian payment service. They have their headquarters in Lagos and they´ve been active since 2002. In our opinion, this is one of the easiest deposit methods for Nigerian players.
AstroPay
AstroPay works in a similar way to Quickteller. You just need to download their app from either App Store or Google Play. Then you sign up by using your phone number. After that, you can choose to deposit directly from your AstroPay wallet or create something that´s called an AstroPay Card. It´s a safe and secure payment that has been around since 2009.
Bet9ja and 22Bet are two AstroPay casinos available in Nigeria.
Deposit by phone
A lot of Nigerian players like to deposit at betting sites with phone. You do this by USSD and each and every Nigerian betting site has different codes you need to use. You can find these codes at the deposit page of the betting site and then you just enter the code on your mobile device. The sum you deposit will be charged to your payment plan and you can start playing within minutes.
Pre-paid
In Nigeria pre-paid deposit methods used to be very popular. They are still used by many players. You can easily go and buy a pre-paid card at the nearest store and then use it to deposit at an online betting site in Nigeria. One of the advantages of using this method is that you can pay cash to buy the card. You also do not need to worry that any casino without a Nigerian license could take more money than is on your card. It´s also a great way to control your spending, you will not play for more than you have bought the pre-paid card for.
Paysafecard
Paysafecard is a bit similar to a gift card but you have it in your mobile phone. It´s a card that you can use with the PIN attached to it. No personal information is shared with the Paysafecard casino, which is also an added layer of security.
You can buy a Paysafecard at many local shops or you can buy it online. To deposit with paysafecard you just need to submit the PIN to your betting site and you are ready to go.
How to choose the best deposit method for betting site or online casino?
In our reviews of Nigerian casinos, you can always read which deposit methods are available at a casino. If you want to verify the information yourself we recommend that you always take a look at possible fees that the casino might charge. You should also be aware if there are any minimum deposits or maximum withdrawals. Withdrawal times might also be of interest with VISA Casinos being the slowest ones and Skrill Casinos being very fast.
Don´t hesitate to contact us if you feel we have forgotten your favourite payment methods in this guide.