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Pay ID Betting Sites in Switzerland


Don’t want the hassle of remembering different passwords for your bank account? Pay ID is the answer to your transaction woes. The sportsbook payment method Pay ID is considered one of the easiest and fastest ways to move money from your bank account to your chosen betting site.

It has a unique function that allows you to choose an identifier that will be linked to your bank accounts. This identifier can be your mobile number or email address. 

Discover more about what Pay ID has to offer when it comes to transactional solutions and find the list of sportsbooks that accept Pay ID here at AllBets.tv.

List of Bookmakers with Pay ID

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
100% Welcome Bonus up to 95 CHF
PlayRead review
2
4.8/5
100% first deposit bonus up to 190 CHF
PlayRead review
3
4.5/5
100% First deposit bonus up to 195 CHF
PlayRead review
4
4.5/5
300% match bonus up to 5,000 CHF!
PlayRead review
5
4.5/5
150% First Deposit Bonus up to €300
PlayRead review
6
4.9/5
100% welcome bonus up to 220 CHF
PlayRead review
7
4.5/5
50% free bet of up to 100 euros + 200% Hunting Bonus
PlayRead review
8
4.8/5
Welcome bonus 100% up to €100
PlayRead review
9
4.5/5
150% welcome bonus up to 135 CHF
PlayRead review
10
4.5/5
300% welcome package up to 200 CHF
PlayRead review

Why Use PayID at Online Bookmakers

Since online bookmakers have no physical outlet where you can deposit funds in your account, payment options such as Pay ID are used as transactional methods to connect you to your preferred site. Through these payment methods, you can transfer funds to your account and start betting.

PayID Betting Overview
Mobile transactions
Reliable company
Easy to set up and use
Fraud protection
Customer-friendly

Is PayID Safe and Secure for Betting?

Pay ID is considered one of the most secure services online. Before you can send out your fund, Pay ID will ask you to verify your transaction. Here, you can check the amount you’ll send along with details about the receiver of your fund. This will remove any possibility of sending money to the wrong account.

payid betting sites

How to Bet with PayID

Using Pay ID on your online bets is easy! Here are the steps to bet in sportsbooks that accept Pay ID:

  • 1

    Check your bookmaker list

    The first step is to identify which betting sites accept Pay ID. Above, we have provided a list of the best online payment services for betting Pay ID. You just need to check which sites have the best offers for you and if Pay ID is compatible with their platform.

  • 2

    Get used to your bookmaker

    Each betting platform has its deposit and payment method. Being familiar with these methods will help you avoid making a mistake in your transactions. 

    We recommend exploring the how-to and FAQ section of your chosen platform to answer your questions or better yet, send your queries to the service provider to clear everything up before your transaction.

  • 3

    Deposit funds

    Start by transferring money from the banks you have registered on your Pay ID and type in your Pay ID identifier for the account you wanted to use for the transaction. Scan the QR code provided or copy the address of your betting account on Pay ID to begin the transaction. 

    Check if the receiver featured in Pay ID is your account then hit confirm to finalise the transaction.

  • 4

    Start betting

    Once you have completed all the steps, the only thing left to do is bet on your favourite sports. Start placing your wagers on your select games and withdraw your wins using the convenient and fast service of Pay ID.

How to Withdraw Money From a Bookmaker to PayID

Eager to get your hands on your wins? Withdraw your payouts in Pay ID and celebrate every victorious game with a payment method that works for you. Check out the process below:

How to Withdraw Funds

  1. Type your Pay ID on the withdrawal page
  2. Verify the transfer on your account.
  3. Wait for your withdrawal to reflect on your account in real-time. (Please note that some payments may be held for additional security checks. Speak to your bank for more information.)

 

Canceling Your Withdrawal Request

Whether a platform accepts a withdrawal cancellation or not depends on the terms and conditions of the site. Make sure to check the T&C before you decide on what you want to do with your funds.

Don't Withdraw All Your Funds at Once

You should avoid this to prevent risks involving system failure that might compromise your account.

How Deposit and Withdrawal limits work

The deposit limit helps you control how much you are wagering. As for the withdrawal, bookmakers impose this limit to give you a seamless transaction since huge fund transfers often take time. Not to mention, it will be risky to send with possible system failures.

 

Pros and Cons of Betting with Pay ID

Below are the biggest pros and cons of using the Pay ID payment method: 

Pluses
  • Approved by banks
  • Cashless
  • Eliminates split bill
Minuses
  • Processing time can take longer depending on the bank
  • Doesn’t handle crypto transactions
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
4/5
1 vote
FAQ. Frequent Questions
  • Unfortunately, that is not possible. You can only link one bank account to one PayID to transfer payments to various betting platforms.

  • Yes, it is possible to reverse your PayID payments if money has been sent to the wrong person or betting institution. You just have to inform your bank about the incident with your banking information, and it will be taken care of!

  • PayID utilises the same security system as bank transfers but it can offer instant deposits and withdrawals to any online casinos or sports betting sites without any extra banking charge.

  • Creating your own PayID online banking account for deposits on betting platforms is easy and instant. The account details you need for deposits are your phone number or email address to set up your PayID account. If you want to create a PayID through your Australian Business Number (ABN), it may take 2 business days.

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