Top Ozow betting sites 2021
Ozow is an online payment processor that simplifies deposits at betting sites. Formerly known as iPay, Ozow is one of the most popular ways South Africans pay for things online. Ozow bookmaker deposits are fast and easy with no account needed, as long as you have a ZA bank account. The process of depositing to betting sites with Ozow requires you to login to your online bank account, where you will be prompted to confirm the transaction — more about that below.
Top Ozow betting sites in South Africa:
Best Bookmakers with Ozow payments
More: Betting payment methods
Many of the top online betting sites in South Africa allow you to deposit with Ozow, with these bookies quick to adjust when the company rebranded in 2019. Much like other payment processors, used in other countries, such as POLi and iDebit, Ozow is an instant way of transferring funds from your bank account to your betting account.
South Africa has got a regulated sports betting industry, with all of the Ozow online bookmakers we promote on this website boasting a seal of approval from at least one regulator.
Ozow payments are just one of funding your online betting account in South Africa, with other ways including Visa, Mastercards and bank transfers. Ozow just has its advantages because it adds an extra layer between you and the bookmaker, plus it simplifies the bank transfer process.
Ozow betting sites will often have sign up offers and free bet deals available for South Africans, with this deposit option not voiding them. It is important to always check, because each online bookmaker in South Africa, will have their own stipulations attached to their bonus offers.
Step by step: Guide to using Ozow at online betting sites
Ozow (formerly i-Pay) is straight-forward to use once you have signed up at a betting site that has this deposit option available. Basically, if you are in South Africa, visit the cashier or banking section of the wagering company and get started.
- Choose Ozow as your payment method after visiting the bookmakers banking section
- Choose your bank account from the list
- Choose which if your linked bank accounts you want to make the payment from
- Login in with your online banking details
- After this the transaction will be pre-filled by the automated process
- You will then receive a one time password (OTP) to your mobile phone to verify your payment
- After you have completed the authorisation of your money transfer your transaction is completed
- Ozow will then send a note to the betting site you have signed up, telling them the transaction has been approved, and they will then credit the deposited amount to your account.
Is Ozow a safe ZA bookmaker deposit option
Ozow claims to have the highest level of security you can have when making payments online, with their precautions including having a Thawte EV SSL encryption certificate, which makes sure all communication between you and the Ozow betting site are encrypted.
Basically Ozow adds an extra layer, or a proxy, between you and the online bookmaker, meaning you have an instant and safe way to fund your online betting account, without handing over your bank details.
Another huge benefit of Ozow payments at betting sites is that your personal details, such as your credit or debit card, will never be stored by by the betting company, instead you put your trust in the company formerly known as i-Pay.
Ozow also has two-factor authentication, meaning all transactions have to be approved by you, after you receive a confirmation code via email or text message.
Ozow betting payment fees
Ozow betting sites are reasonably cheap to use, with it generally a small percentage fee of your successful transactions charged. The small Ozow payment fee can range anywhere from .15 to .30 per cent, with this lower than competitors operating similar payment processors.
Ozow also has different plan options, with some of these having no fees at all, although you will generally be charged a maintenance fee, which essentially keeps your account open.
In conclusion: Is Ozow a good payment option for online betting?
Ozow is one of the most popular online payment processors in South Africa, and it is fast establishing itself in other African countries. Ozow is a respected brand and South Africans should feel confident that they will be safe when betting there.
Many of the best betting sites in South Africa accept Ozow as a payment method, with it one of the best instant ways to get money from your bank account to your online betting account.
Some of our favourite Ozow betting sites include SupaBets, SportingBet South Africa and Betway, although you will find many betting sites that have this payment option.