EasyEFT is a South African company that aims to make Electronic Funds Transfers easier for locals. It’s based in Mauritius and has been in business for unknown number of years. To cater to a broad spectrum of casino players and users in general, who don’t wish to use or don’t have a credit or debit card, the company has partnered with all major banks in the region. While there are many similar services on the market, this is the most widely used bank transfer aid in South Africa, for online payments at certified e-commerce sites. Here’s a closer look at its services and what to keep in mind. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.
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How It Works?
EasyEFT’s official site lacks valuable information mainly because its job is simple and straight-forward. Users need not to worry about any registration and can use this type of method with any accredited merchant.
Having found the corresponding site, EasyEFT allows you to use your banking details to pay for goods or services like with regular wire transfer. This includes South African banks such as Standard Bank, Nedbank, Absa, First National Bank and Capitec Bank.
Thanks to EasyEFT, merchants can offer customers the option to pay directly through their bank, from one single platform. By simplifying the process for both parties, buyers may opt out from other payment options such as credit cards and e-wallets, and conveniently use their existing bank account.
EasyEFT doesn’t provide any detailed information on its safety or privacy tools, but is likely to process all transactions through its own encrypted API that’s independent of merchant’s own safety tools. When in doubt, verify that the payment is carried out on a secure URL.
For adding an additional layer of safety, consider creating a separate bank account solely for online use.
When it comes to payment fees, each merchant and seller can apply their own tariffs. Usually, bank transfers are charged the most, which may not be the most cost-effective solution. Also mind the minimum deposit and withdrawal limits, which can vary and are usually on the higher side too.
EasyEFT is a company that provides a convenient means for South African residents to pay for goods and services online, using their existing bank account. There’s no need to register for a separate account and they have partnerships with most local banks to cater to a wider audience.
Click to visit EasyEFT website.
Posted by CCJ Team