If you’d look at the best online payment service for betting, Safra is one of the names you’ll see popping up. It’s the seventh-largest banking institution in Brazil and is widely known across Latin America.
Transfer funds seamlessly and have an exceptional user experience with one of the most reliable sportsbook payment methods, Safra. Using the free mobile app, deposit and withdraw funds from your account with ease to begin your betting journey.
To get started on your next-level betting experience, here’s a complete list of bookmakers that support this payment method.
The YesPlay welcome offer is one of the generous promotions from the online bookmakers in South Africa to bettors. Punters…
Why Use Safra at Online Bookmakers
Online bookmakers will always provide a selection of payment methods to cater to all their bettors’ needs. It’s a vital part of your sports betting process since, without these useful methods, you can’t deposit into your account and wager on your favorite sporting events. Additionally, you won’t have a safe and easy way to withdraw your valuable winnings when your bets win.
Some of the most common methods you’ll find include traditional credit/debit cards, cryptocurrencies and of course payment apps. If you’re going for the third option, we recommend using Safra to ensure security and convenience.
Safra Betting Overview
Secure Transactions
✅
Rewards
✅
Lower risk of fraud
✅
Ease of use
✅
Reliable company
✅
Is Safra Safe and Secure for Betting in South Africa?
When it comes to security, you can rely on Safra to protect your funds and transactions at all times thanks to its security. For starters, it employs 256-bit Secure Sockets Layer (SSL) encryption, considered the best standard in encryption technology internationally.
It also provides its users with security measures such as One-Time Passcodes (OTP) and Multi-Factor authentication. Additionally, when the app/website notices that you’ve been inactive for quite some time, it will automatically log you out to prevent hackers from gaining access to your account.
Before you place your bets with a Betting Site that offers this payment method, be sure you check if it is legal and approved by the South African National Gambling Board.
How to Bet With Safra in South Africa
Safra’s world-class security and impressive payment solutions lend benefits to sports betting. To kickstart your next–level betting experience, here’s how you can start wagering on your favourite sports with this payment method:
Check our bookmaker list
step 1
Not all betting sites support Safra. Fortunately, you can easily filter the ones that do with the help of the list we’ve included above. This will help you narrow down your options and start your sports betting journey.
Get used to your bookmaker
step 2
Become familiar with the site’s web design to know its ins and outs like the back of your hand. With this, you’ll learn how to deposit and withdraw funds using Safra. Lastly, another important section to be familiar with is the various sports, leagues and matches that the site offers.
Deposit funds
step 3
After knowing everything that the site offers, you can now create an account to deposit funds for betting. This is often done by heading into your profile page and clicking on ‘deposit’. From there, add your preferred payment method and enter the necessary details.
Start betting
step 4
After successfully doing the tasks above, you can now start betting on your favourite sports!
How Deposit and Withdrawal limits work
Different payment methods have certain limitations for both deposits and withdrawals to help users control the amount of money they take in and out of their betting accounts. For instance, the deposit limit prohibits you from exceeding your budget and losing more than you’re willing to bet.
It also protects most of your funds since you’ll be forced to store most of them in the safety of your bank account.
The bookmakers in South Africa do not work with this payment method yet. However, this is what it has to offer:
How Sofort works
Deposit time
Withdrawal time
Commission fee
Min/max transfer amount
Instant
–
Depends on your subscriptionplan
20 ZAR/-
How to Withdraw Money From a South African Bookmaker to Safra
Winning your bet is the best part of sports betting. However, you can’t claim your winnings if you don’t know how to withdraw them. Fortunately, payment methods betting sites Safra make this process easier with its seamless method to help you claim your accumulated earnings easily.
How to Withdraw Funds
Claim your winnings easily by heading to your profile and finding the ‘withdraw’ option. From there, you can add your preferred payment method, enter the amount you want to cash out and you’re all good!
Canceling Your Withdrawal Request
This process often involves heading into the payment method’s app/website. If the withdrawal process still shows as pending, you can still cancel this request. Additionally, some methods allow you to cancel the withdrawal request as long as the money hasn’t been cashed out yet.
Don't Withdraw All Your Funds at Once
If you want to be a wise bettor, we recommend not withdrawing all your funds at once. For starters, this leaves you with zero balance to use for future betting events. Secondly, it can be a hassle to deposit funds into your account every time you want to wager on your favourite sports.
Pros and Cons of Betting with Safra
Pluses
Employment of advanced encryption
Use of One-Time Passcodes and Multi-Factor Authentication
Convenient and free mobile App
Minuses
Customer service is only available from Monday to Friday
Professional casino content writer with 5 years of experience. He has been privileged to work with many popular casino brands, which are mostly ghostwritten. He’s a casino player and punter too, and has helped many players to get most out of gambling.
Article rating
4/5
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FAQ. Frequently Asked Questions
💳 What time is Safra’s customer service available?
Safra’s customer service is available on weekdays from 8 AM to 9 PM.
💳 Where can I obtain my One-Time Passcode?
You can receive your OTP via your mobile phone or ActivCard.
💳 Can the Safra app scan QR codes?
Yes, the Safra app can scan QR codes for easier and faster transactions.
💳 Which platforms support the Safra app?
You can download the Safra app on all mobile devices through Google Play or Apple Store.
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