On this page

Instant EFT Online Casinos

Top rated casinos for players from Virginia:

Sign Up Bonus

100% up to


No Deposit


Sign up Bonus

400% up to


+400 spins

South Africa is becoming one of the most powerful online gambling markets, but even though there are not that many suitable payment methods for players to use, Instant EFT is the one that definitely makes up for the lack of choices. This is a solution by PayFast which allows online casino players to make convenient and instant transactions via their bank account, with immediate verification. Even though transactions are going through the bank account, this solution makes them instant, so South African players don’t need to wait for days for the transactions to be processed. Why use Instant EFT as your online casino payment method?

About Instant EFT

Instant EFT is a solution launched way back in 2007, by PayFast. The company behind it wanted to improve South African users’ online banking experience and make it prompt and convenient. With it, inter-bank payments are processed in an instant, as the solution allows for immediate verification, as users don’t need to send proof of payments for the transaction to succeed. Hence, they don’t need to wait for days for their transaction to reach the final destination. What’s great about it is that it uses the most advanced security measures and standards to protect users’ funds, and it can be used across both desktop and mobile devices.

Essentially, what this patented solution does is instantly verifying a direct bank transfer or electronic funds transfer (EFT), as implied by its name. That’s how it managed to provide such fast processing times. It has partnered with nine leading South African banks to make this possible, Tymebank, Capitec Bank, Absa, Bidvest, Nedbank, African Bank, FNB, Standard Bank and Investec. So, as long as a South African citizen has an active account with one of these banks, it can send payments automatically, regardless of where they are at the moment of sending. 

Of course, the company behind it, PayFast, offers many other services and products South African users believe in, given the fact it is a PCI DSS Level 1 Service provider. It makes both users and merchants feel confident that their transactions and funds would be handled in the safest way possible. The best thing about it is that all of its services and products allow users to send and receive payments in the South African rand, their own currency, regardless of whether the transactions were made locally or internationally. The same applies to the company's most popular product, the Instant EFT. 

And considering the convenience it has to offer to users, the instant processing times and the currency conversion-free transactions thanks to the availability of the South African rand, it should come as no surprise that Instant EFT is actually ruling the online gambling world. It has become one of the most used and most popular payment methods across South African casinos, greatly appreciated by players. So, continue reading to find out how it works and how easy your transactions across online casinos would be with it. 

Getting Started

We introduced Instant EFT as a solution that processes electronic funds transfers instantly, with instant verification. So, you should know that to start using it, you won’t need to download any special software, but all you need is to be eligible to use it. One of the major pre-requirements you need to meet to start using it is to have an active account with one of the nine partnered banks. 

Assuming that you have an account, the following are the steps you need to make. The first step would be locating its logo on the online platform you intend to use it, in our case, the online casino. Even if you cannot see its logo, just choose an online bank transfer as your payment method. You'll be redirected to a page by PayFast, which is highly secured, where you’ll need to either enter your email or your mobile phone number. 

The next step would be selecting Instant EFT and choosing the bank you have an account with. Log into your online banking profile by using your credentials. Finally, you’ll need to specify the amount of money you’d like to transact, confirm by clicking on the Pay button, and wait for the solution to generate the payment. 

After the payment has been generated, you will receive a one-time PIN or authentication message from the bank on your email or mobile phone. Confirm the transaction with the code, and with that, you'll have instantly verified it. Wait for the payment notification and you'll know that your transaction was successful. 

On a different note, we mentioned that PayFast offers many other services and products, so as long as your casino has integrated with it, you can use these products, too. Some of these products include Zapper, credit and debit cards, SCode and mobicred.

How to Deposit at Online Casinos

We cannot emphasize enough how easy Instant EFT is to use, because as you could see, there is no actual, official getting started process with it, since you don’t need to download any software or register a separate account with it. Basically, in the previous section, we already described to you the steps you need to make in order to request a deposit with it. But, before we review these steps, let us tell you that the solution is offered across more than 80 eCommerce sites, online casinos included. You can rest assured that finding a South African casino that accepts it would be a piece of cake. So, just explore a few options and find the most suitable casino for you. Join it and you’ll be ready to make your first deposit. 

Now, let’s review the steps you need to make to successfully deposit with this solution:

  1. Head over to the casino’s Cashier/Payment Methods/Banking page. 
  2. Look for Instant EFT’s logo and if you cannot find it, click or tap on the internet bank transfer option, and you’ll be redirected to PayFast’s secure payment page. 
  3. Choose your bank from the listed options and use your credentials to log into your online banking profile.  
  4. Enter the amount of money you’d like to deposit on your casino balance.  
  5. Wait for the bank’s PIN, enter it in the designated field, and confirm the payment.  
  6. The transaction will be instantly verified, therefore, your deposit will instantly appear on your online casino balance!

How to Withdraw Winnings

As you could see, deposits are instant with Instant EFT. However, withdrawals are not. While cashouts are an option, they will arrive on your bank account in up to 12 days, depending on the bank you have an account with and its policies. Therefore, the wisest option would be to use the solution for deposits only and look for an alternative solution to cash out your winnings, if you want to have them sooner.

If you don’t mind the waiting times, you’d need to go through pretty much the same procedure as the one described previously. Only this time, instead of entering the amount you’d like to deposit, specify how much you’d like to cash out. The casino will take its time to check whether everything is alright with your request, and when it approves it, PayFast will make sure the money arrives safely on your bank account, within two weeks. 

Fees and Limits

To use Instant EFT, you don’t need to pay any fees. No getting-started or monthly fees apply, and your deposits and withdrawals won’t be subject to any costs. 

However, all online merchants (read online casinos) which are using the solution must pay a 2% fee for each deposit you make, and a flat ZAR8.70 fee for each withdrawal you request. Therefore, do not be surprised if the casino you've chosen to join charges a fee for transactions with this solution.

These fees casinos need to pay are often the reason why they choose not to offer Instant EFT to their players. Those major casinos that don’t mind the fees but do want to attract South African players, though, are more than eager to offer it, so still you’ll have a decent choice of casinos to explore. 

Allowed and Restricted Countries

When it comes to the allowed and restricted countries, things are pretty obvious. You can only use Instant EFT if you’re a South African citizen with an active account with one of the partnered banks. Full stop. 

You cannot use the solution if you're a player from any other country since you won't even have a bank account with one of the supported banks. And to have one, you'd need to be a South African citizen, so things are clear enough. 

Available Currencies

When PayFast created Instant EFT, its goal was to create one of the most convenient, fastest and most cost-effective solutions for users to use. 

Therefore, it made sure to provide users with the opportunity to make online payments with the South African rand, to avoid paying any currency conversion fees. Thus, the only currency accepted here is, indeed, the South African rand. 

Instant EFT Casinos

Casinos Found: 203

Refine Casinos


Show filters


Refine Casinos


More filters

Sort by:
Show filters
Sort by:

To save your time, we are only displaying casinos that are accepting players from Virginia.
If we have jumped the gun, you can remove that filter by clicking here.

Casinos remaining: 182


In which languages can I explore its official website?

Believe it or not, its website is available in English only. Afrikaans, Zulu, Tswana or other South African official languages are not an option.  

Are there any chances to use a different currency, even for the cost of a currency conversion fee?

Unfortunately, no. There’s no way to use a different currency, because the solution is allowed, by law, to only process transactions in South African rands. The law says that all South African companies, PayFast included here, are regulated by the Reserve Bank of South Africa, so the company cannot accept other currencies.

Does the solution offer a 24/7 Customer Support service?

Actually, no. The Customer Support service is not available at all during public holidays, and you can get in touch with the agents during business days from 07:30 to 17:00 (GMT+2) and during the weekends, from 09:00 to 15:00. You have both a local and an international phone line and an on-site contact form to use to get in touch with its team.  

How many online casinos approximately accept Instant EFT?

While we cannot tell you precisely how many casinos accept the solution at the moment, considering its increasing popularity among operators, but you can rest assured that all of the leading South African casino brands are already accepting it, and many new ones are adding it on their lists of accepted methods. Power Slots, Dreams Palace Casino, and Mobile Wins Casino are just some of your options.  

Can I request transactions with it across mobile casinos?

Sure, why not? We said in the beginning that Instant EFT can be used across both desktop and mobile devices. Therefore, as long as you're playing at a mobile-compatible online casino, you can use the method via any browser on any mobile device that you might possess, with ease. As you remember, there's no need for registration or for downloading any software to use it, so just go ahead. 

Helpful links: