Swiffy EFT at Online Casinos in 2024
Swiffy is a Durban, South Africa based payments gateway provider offering multi-payment solutions to South Africans.
Swiffy EFT ↱ is a fast, safe and convenient payment option at international and South African eCommerce sites, including Swiffy casinos. It's tailored for South Africans, in Rands, and unavailable to customers from other countries.
Swiffy EFT works with most local banks as an intermediary: Investec, Old Mutual Bank, Standard Bank, BSA, TymeBank, Bidvest Bank, NedBank, FNB, Capitec Bank and African Bank.
Trusted Online Casinos with Swiffy EFT
You can find our best Swiffy online casinos listed below, accompanied by links to the licensed casino and our in-house review. Each review details casino bonuses, bonus wagering, casino games (online slot machines, live casino, table games), banking, mobile casino and plenty more.
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Table of contents:
How Swiffy EFT works
Using SwiffyEFT is easy, acting as an intermediary between the online merchant (Rand online casino) and your bank. It eliminates the need to provide financial details and secures payments using encryption and PCI-DSS.
Money transfers are instantly processed, with money hitting your player account within seconds. It means you'll be ready to play real money casino games soon afterwards. Although Swiffy EFT fees may apply, they are low.
Pros and Cons of Swiffy EFT
✔ | Supported by 10+ South African banks |
✔ | Fast deposits and withdrawals |
✔ | Easy to use, safe and secure |
✔ | Low user fees |
✖ | Not widely available |
✖ | Short track record |
✖ | Transactions appear on bank statements |
Deposits at casinos with Swiffy EFT
To make a Swiffy deposit, head to the deposit page at your Swiffy online casino. Choose Swiffy EFT from the different deposit methods. Choose your bank from the list of options and enter the amount. Then, log in using your banking ID and password, choose your account and complete the payment to transfer the funds instantly.
Withdrawals at casinos with Swiffy EFT
Swiffy casino withdrawals are possible, following a similar process to deposits. Remember that to make a withdrawal from a ZAR online casino, you must also have used Swiffy EFT to make your deposit. Not all Swiffy online casinos may offer Swiffy withdrawals.
Choose the payments provider from the list of withdrawal options, select your online bank and input the amount. Login to your banking ID and password, use your account and confirm the transaction.
Other Swiffy Products South Africans May Recognise
As we already mentioned, Swiffy offers several innovative ways of transferring Rands, depending on user needs. Unfortunately, none of these are available for online gamblers. We run through them quickly next.
Swiffy PayLink
The first is called PayLink, which allows users to send single or multiple payment links to customers through email, SMS or WhatsApp. When a customer clicks on the link, it enables them to pay by credit card, debit card or Instant EFT (electronic fund transfer) and receive notification of completion.
Swiffy DebbiAssist
Swiffy's DebbiAssist helps prevent bank penalties from defaulting on a (first) debit order. It sends a payment link to customers, inviting them to use an alternative payment option.
Swiffy Recurring Billing
Swiffy also has a recurring billing solution where a customer can set up a regular payment using a credit card, debit card, EFT debit order, NAEDO or NAEDO. A link is automatically sent if a scheduled billing fails, providing an alternative payment option.
Swiffy Ecommerce
Swiffy also functions as an eCommerce payment gateway using its application programming interface (API) or WooCommerce plugin. It enables South African and international customers to pay using their credit cards, debit cards (South Africa only) or Instant EFT. Sensitive information such as payment card details are protected using token-based authentication.
Swiffy Wcommerce
Wcommerce is an attractive payments solution that capitalises on the popularity of WhatsApp messengering service. Essentially, it allows consumers to shop for items online and pay using WhatsApp.
Swiffy Cash Disbursements
Swiffy cash disbursements allow users to send money collectable at any South African ABSA ATM. Alternatively, money can be sent to any South African bank account instantly.
Summary
Swiffy EFT (Swiffy) is a payment intermediary that cheaply, quickly, and securely facilitates instant banking transactions. It can be used to make Swiffy casino deposits and withdrawals in Rands. The payment option is tailored for South Africans who bank at one or more major local banks. Besides bank-level security features, like PCI DSS and encryption, it reduces fraud risk since banking information remains private.
Swiffy EFT is a relatively new payment method and therefore lacks a track record of other established brands. It also means that Swiffy is not available at many South Africa online casinos. Because Swiffy is linked to your bank account, it can be harder to control your spending than an e-wallet or other payment type. Swiffy may not be the best payment option if discretion is vital since transactions appear on your bank statement.
Swiffy EFT FAQ
SwiffyEFT is a South African instant banking method acting as an intermediary between a local bank and an online casino accepting Rands. It is available at licensed zar online casinos, like the ones you can find on our page.
It is possible to make fast Swiffy EFT casino withdrawals to your South African bank account from a player account. However, to use Swiffy to withdraw Rands from an online casino player account, you must first have made a Swiffy deposit. The reason is compliance-related.
Swiffy EFT is a safe and trustworthy payments provider that works with South Africa's major banks. It stands to reason that their security would be on par with the casinos they work alongside.
South African players typically qualify for match bonuses, free spins and other promotions. Of course, this depends on the ZAR casino. While e-wallets like Neteller and Skrill deposits are often excluded from bonuses, instant banking methods like Swiffy seldom are.
Swiffy EFT is a product of Durban, South Africa based Swiffy, founded in 2019. The 3-person executive team behind Swiffy have 55 years of combined experience, including financial services, technology, sales and marketing.
Swiffy supports mobile casino deposits and withdrawals from an Android or iOS smartphone. Swiffy uses bank-to-bank EFT, processed through the Automated Clearing House network, so payments are transferred directly between banks.