SID

Guide to Paying by SID in South Africa-Friendly Online Casinos

Our online database is currently rapidly growing the list of South Africa-friendly online casinos. This is one of the developing markets that is getting more and more exposure within the international arena. In addition to locally-targeted brands, quite a few international online gambling brands are now adding traffic from South Africa to the countries they are willing to welcome among registered regulars.

Naturally, the most expected question from the South African online gaming community is: Which of these lobbies are friendly to payment methods broadly used in my country, SA?

So, we dug through our list of online operators and found quite a few great certified lobbies that recently added SID to their cashiers. The reason why we recommend this payment method for online gambling is because it is both free of charge when it comes to deposits, as well as safe and fast.

While going through the nuts and bolts of using this payment method we are also taking a closer look at the promotions you can claim, including the welcome and ongoing bonuses. Don’t miss out on all the inside scoop!

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Number of countries
1
Number of currencies
7
Number of casinos

Payment Method Latest News

New at VideoSlots: Swedish License and Cyber Security Certification

New at VideoSlots: Swedish License and Cyber Security Certification

#BestInGaming  #GambleLike_Sweden 

VideoSlots is one of the most popular online operators that can be accessed by thousands of gamblers across dozens of markets. The license renewal in one of the key markets shows how valuable and highly esteemed this casino is. The recent certification gained in the cyber security field also proves that Video Slots takes its services seriously and treats its customers responsibly. Let’s take a closer look at these two recent milestones for this casino!

Best SID Casinos

Adjust the search filters to SA and SID, or use links from this section because each of the mentioned brands accepts gamers from South Africa and supports financial transactions via the reviewed payment method. Among these casinos is Springbok, which is probably one of the most popular SA-friendly places to bet and win.

It exists online since 2012 and has a lobby powered by RTG. The content is adapted to English and Afrikaans. ZAR is the accepted currency. The risks of non-payment remain under 4%, while the maximum monthly cashouts reach up to 40,000 ZAR. 

Another well-recommended gambling destination is Yebo. It opened the doors to its virtual lobby back in 2014 in accordance with the rules and regulations of the jurisdiciton of Curacao. In addition to ZAR, payment here can be processed in BTC. While SID will not work with cryptocurrencies, if you are keen to learn more about gambling with digital money, take a look at our beginner’s guide.

Collecting positive reviews since 2014, Thunderbolt is another SA-friendly place to bet and win with a whole portfolio of games from RealTime Gaming. We’re looking at plenty of classic reels, video slots, progressive releases, as well as table games, and video poker titles. No live dealer lobby is available, though. 

If you are looking to diversify from RTG, DesertNights has a whole lot of Rival’s games. It’s been around for more than a decade, with its cashier being friendly to 5+ currencies. Cashouts here are fast and with low risks of non-payment. In addition to Rival, there are also plenty of Red Rake Gaming’s slot machines.

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SID Facts and Figures

Dating back to 2007, SID instant EFT services grew to become some of the most popular electronic payment methods in South Africa. SID stands for Secure Instant Deposits. It is available to clients of a network of banks across the country. The list includes, among others, Nedbank, ABSA, Standard Bank, First National Bank, and Capitec.

Each of these banks will have a set of requirements for opening bank accounts. Some support online applications while others require a potential new client to appear in one of the branches and to apply offline. 

Either way, depositing online with SID is not possible without having a registered bank account. Once this procedure is set, your next step is then to find an online operator that accepts SID, and to set an account with it, too. 

From the cashier, head to the deposits and choose SID as the payment method. Specify the amount you’d like to pay and opt-in for SID. The system will automatically transfer you to the login page of your online banking site, where you will need to confirm the transaction with a One-Time-PIN.

Now, to the logistics and fees. SID is available for casino deposits, and neither the casino nor the bank will charge for the transaction. However, depending on whether a third-party is involved, a certain fee may still apply.

For cashouts, check with the help desk representatives of the selected brand to see whether they use SID to send wins your way.

Name

SID

Type

Bank Transfer

Year Founded

2009

In casinos for depositing

7

In casinos for withdrawal

3

Website

http://www.sidpayment.com

Countries

South Africa

Currencies

ZAR

Minimum Bank Wire deposit fee

1.50%

Maximum Bank Wire deposit fee

1.50%

Minimum Credit card deposit fee

1.40%

Maximum Credit card deposit fee

1.50%

Currency conversion fee

N/A

Other fees

R250-499 / month R0 -250 setup

Limites: transaction min

100.00

Limites: transaction max

Unlimited

Processiong time

0

Best SID Bonuses

When depositing in online casinos via SID, you can also qualify for an array of welcome and ongoing promotions. For instance, when registering an account at Springbok, you can claim a welcome deal on two initial deposits. The cash match is between 100% to 50%, and the rollover requirements are 30xBD. The deal is cashable if you complete the requirements on time.

The platform also maintains an ongoing 300% cash match for its registered regulars.

An even heftier sign-up deal for South Africa is available at Yebo. It covers three initial deposits with a cash match between 150% to 50%. The rollover requirements are 40xBD and the deal is cashable. Terms and conditions, deadlines, and rules apply.

Another cash match on three initial deposits is disbursed at Thunderbolt. Only here its cash match is higher, varying between 150% to 100%. At the same time, the deal’s rollover terms are lower and are capped at 30xBD. However, the promotion is non-cashable.

If you choose to stay with Thunderbolt, you can also claim a 25% cash match that has to be rolled over 10xB.

Making some nice competition here, Desert Nights offers a no-deposit deal in addition to the classic welcome package. South African players can claim it at the rollover requirements of 40xB. As for the classic package, it covers two initial deposits. Plus, there are also monthly 177% cash match deals for the registered regulars, as well as weekly 100% to 250% deals and cash for referring friends. 

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Alternative payment methods for United States: Virginia

FREQUENTLY ASKED QUESTIONS

This is one of those payment methods that was developed and is supported by banks. So, in addition to some standard banking bureaucracy, it also has an extra layer of security, protection, and protocols.

Specializing in the South African market and networking with the country’s leading banks, the system of electronic payments is first and foremost a ZAR-friendly one. However, it supports conversions at an extra rate.

No, this payment method is a conservative one. Neither of the banks works with cryptocurrencies so SID does not, either. If you are interested in online operators that support crypto gambling, check our filters for Bitcoin, Litecoin, Ripple, and a few others.

Make sure that the lobby accepts SID and set the account with it. from the cashier:

  • Select Deposits
  •  
  • Specify the amount you are willing to add.
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  • Choose SID among payment methods.
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  • Log into your online banking account once the system transfers you automatically.
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  • Enter the OTP and verify the transaction.
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  • Funds will be added to the account automatically.