Benefits Of Using SmartEFT
- Accepts a wide variety of South African banks
- Transfers are completed rather quickly
- As an E.F.T. method, transfers are quite secure
- Can handle large deposit sizes
- All transfers are processed in Rands so you won’t lose anything to a change in conversion rates
While there is a wide variety of South African banks that work with SmartEFT, there are still some missing. If you bank with any of the unsupported banks you, unfortunately, won’t be able to make use of the method.
How To Make A Deposit Using SmartEFT At An Online Casino?
While having this method available to you to use is great, it doesn’t really mean anything if you’re not sure how to use it. Luckily, it is a rather easy to use method. Just follow these steps and you’ll be good to go in no time at all.
Getting Setup With SmartEFT
Step 1 – Navigating To SmartEFT:
After you’ve successfully created and registered your account at your casino of choice that accepts SmartEFT, navigate your way to the deposit tab. After clicking on it select ‘SmartEFT’ from the drop down list.
Step 2 – Enter Your Details:
Once you’ve chosen your desired banking method, you’ll have to enter your banking information in order for the transaction to take place.
Step 3 – Inputting An Amount:
Finally, once you’ve entered your details, you’ll be able to choose an amount you wish to deposit. Keep in mind that most online casinos have a minimum and a maximum amount that you can deposit. After entering your amount, confirm everything and you’re all set.
How To Cashout Your Funds Using SmartEFT
It’s just as easy to withdraw funds using the method as it is to deposit them. There are a few extra hurdles that you need to go through but we’ll outline them for you. Before you can make a deposit you’ll need to prove your identity, be that via a copy of an I.D., proof of residence or even a selfie with the current date.
Step 1 – Selecting Smar EFT:
Exactly like deposits, when withdrawing you’ll need to navigate to the withdrawal tab. After clicking on it you’ll have to select SmartEFT.
Step 2 – Enter Your Details And Amount:
After selecting your banking method, you’ll have to enter your details if you haven’t already and then enter your amount keeping in mind the minimum and maximum withdrawal limits.
Step 3 – Confirming:
When you’re happy with the withdrawal you’re about to make, confirm everything you’ve entered. After that all that’s left for you to do is wait for the transaction to reflect in your account.
History Of SmartEFT
Smart EFT has taken the South African market by storm, being widely accepted as a method of payment in quite a few stores nationwide as well as in most online casinos available to South Africans. Their integration with the majority of local banks is one of the reasons they have grown so much in their field of operation.
Smart EFT is a division of Smart Point, a company dedicated to creating I.T. solutions to issues that arise in the South African landscape. They have six major products available with their EFT solution being one of them.
The reason their EFT solution is so widely used is because they design software solutions for companies and problems of any scale.
Customer Support & Security
Users can create electronic paper trails to follow where their transactions go meaning that funds can be easily tracked. On top of that, E.F.T. transactions tend to be amongst the most secure thanks to the layers of encryption that the bank, method, user and recipient use.
Contact Details For SmartEFT
If you would like to get into contact with someone from Smart EFT you can do so by emailing email@example.com or by calling 012 803 7868.
Smart EFT F.A.Q.
What are the local banks that support Smart EFT?
Those banks would be First National Bank, Capitec, ABSA, Standard Bank, Nedbank, Tyme, Investec, African Bank, Old Mutual and Bidvest.
Do they support Rands (ZAR)?
Yes, being a local creation the method fully supports ZAR so you don’t have to worry about conversion fees.
Can I make withdrawals as well as deposits?
Yes, you’ll be able to manage your funds, deposit and withdrawal though this method.
Is it necessary for me to register through a third party website to use this method?
No, you do not need to register any information when using this method.
How long will I have to wait for transactions to process?
Usually between one to four working days.