Bet9ja Payment and Withdrawal Methods September 2024

Last update: 16 Sep 24
Banks dominate the Bet9ja payment methods, with UBA, Zenith and GT Bank on the list. They use bank transfers to deposit and withdraw funds to and from Bet9ja accounts. Other payment options include debit/credit cards, electronic payment methods, cash and ATM deposits. Each of these methods resonates with the demand and takes 24 working hours to effect the payment.

Unfortunately, there are no e-wallet payments listed on Bet9ja. As digital payments infiltrate gaming, Bet9ja embraces these technological changes to make it faster and affordable to transact. Expansions into other areas mean adopting payment methods synonymous with the local population. In future, some e-wallets payments might join in to make it an all-around bookmaker in payments.

Bet9ja Deposit Options and Limits

Commercial banks are Bet9ja’s top payment partners, accounting for over 70% of all payment options available. It makes direct bank deposits the preferred way to move into the Bet9ja accounts. You can either do an online deposit or through cash deposits at the teller. Bank ATMs are also funds deposit points. The beauty of bank deposits is that the transaction reflects instantly. Other bet9ja deposits methods like debit/credit cards and electronic transfer also happen instantly.

All deposit limits range between N100 and N9,999,999, depending on the bank. GT Bank has the highest deposit limit of N9,999,999, while Interswitch only allows N10,000 at a go. Banks that process deposits based on ATMs limits use the maximum amount allowed per transaction. It fluctuates based on demand.

Interestingly, nearly all transactions happen through the bank, from debit cards to cash deposits to online bank transactions. It explains why the banks dominate the payment options.

Visa

 
Deposit
Withdraw
Max. limit
10,000.00₦
10,000.00₦
Processing time
00.00 Hours
-
Min. limit
100.00₦
100.00₦
Transaction fee
No fee
No fee
Visit Site

Visa Electron

 
Deposit
Withdraw
Max. limit
10,000.00₦
10,000.00₦
Processing time
00.00 Hours
-
Min. limit
100.00₦
100.00₦
Transaction fee
No fee
No fee
Visit Site

MasterCard

 
Deposit
Withdraw
Max. limit
10,000.00₦
10,000.00₦
Processing time
00.00 Hours
-
Min. limit
100.00₦
100.00₦
Transaction fee
No fee
No fee
Visit Site

Which Credit and Debit Cards are Accepted?

VISA and MasterCard are the credit and debit cards used on Bet9ja. They both have similar properties, especially in transaction limits. The minimum amount you can deposit is N100, while the maximum is N100,000. However, the cards are linked to a bank account, which manages the payments.

Deposits reflect instantly, while withdrawals take up to 24 works hours to reflect. Deposits do not attract any transaction fees, while withdrawals draw deductions based on the banking terms and conditions.

Is PayPal Accepted?

Currently, no e-wallet payment methods, including PayPal, are allowed on Bet9ja. They prefer banking and electronic system to manage their payments.

Bet9ja Withdrawal Options and Transaction Times

Since most of Bet9ja’s payments go through the bank, all withdrawals also pass through the bank. Direct transfers go through banks accounts, which you can withdraw using an ATM. You can also use bank apps to move the funds to and from the Bet9ja account. You can withdraw a minimum of N1,000 and a maximum of N9,999,999 per day.

All transactions happen within 24 bank hours which roughly translates into 2 working days. The 24 hours’ time range factors in Bet9ja’s system audit, account details verifications and the processing timelines between Bet9ja and the bank.

Bet9ja use banks for withdrawals since they have good online security and can process huge sums of money at a go. Banks are the best alternative since other payment options like e-wallets are yet to develop within Bet9ja’s operating jurisdiction. Even if you want your proceeds in cash, they must go through a bank account, purposely for accountability.

Accepted currencies
  • GBP
    GBP
  • USD
    USD
  • NGN
    NGN

Bet9ja Payment Methods FAQ

Can I Change the Currency in My Account?

Yes, you can, but the processes might take time, and you might incur conversion costs. The commercial banks’ reference point is the Central Banks, but they have to trade with their margin. If you have a Dollar, Euro or Sterling Pound account, you might be forced to convert it to the local currency.

Can I Deposit with Cryptocurrency?

Unfortunately, Bet9ja does not support cryptocurrency at the moment. Commercial banks haven’t formalised trading with digital currency, which makes it hard to allow crypto-trading. However, there are many trading sites online where you can change it to the acceptable currency before using it on Bet9ja. However, it might be possible in future.

Can I Use Different Options for Deposit and Cash Out?

If you have more than one payment option, you can use either of them. Depositing on the Bet9ja account can be through the ATM, cash or bank app wallets, as long as you know your Bet9ja account number. However, withdrawals have to go through the registered account.

Can Deposit and Withdrawal Limits Be Changed?

No, transaction limits are set by Bet9ja and the bank to manage transactions between the bookmaker and the bank account. Banks refer to their internal capacity to transfer money to and from the Bet9ja account. In essence, changing the transaction limit is a lengthy procedure, which takes time and money.

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