- Online Casinos
- Casino Reviews
- Casino Bonuses
- Payment Methods
Few things compare to the feeling of realising you’ve won, and it almost doesn’t matter if it’s a small win or a massive jackpot! When you win, you often want to cash out and start using your money as soon as possible, because somehow, it almost doesn’t feel real until you’re holding the bills in your hand. What you need to be aware of is that some casinos have faster payouts than others, and there are various factors, such as your chosen payment method and the size of your win, that could also end up affecting the speed of your requested withdrawal. If you are looking for casinos with quick payouts—we have all the answers you need to get started.
Best Casinos with Fast Payouts South Africa
How to Recognise the Fastest Payout Casinos
Times have changed and while there were once only a few online casinos for gamblers to choose from, where you had to conform to whatever payout times the casino offered, there are now thousands of gambling sites available on the internet. With such competition, online casinos have had to adapt to the needs of their players, and one of the most important things for players worldwide is fast withdrawals.
An online casino that doesn’t take their players’ requests into consideration will quickly fall behind and be replaced by another site, and this could explain why payout times have gone from being week-long or longer, to now taking no more than a couple of days.
Most reputable casino sites and casino mobile apps have very straight-forward information available on their website in regards to payout times and withdrawals. There is usually a processing time for the casino to approve your withdrawal, and then you need to take the payout time of your chosen payment method into consideration.
Some online casinos might announce their fast payouts on their website, but in other cases it could be up to you to do some research by reading through the terms and conditions before deciding to sign up.
Choosing Fast Payment Methods
To further explore how your payment method affects the overall casino payout speed, we have investigated to try and find the absolute fastest options. As you may already know, e-wallets are among the quickest ways to get paid when gambling online, but is it the best alternative you have? Let’s have a look at what we found.
The greatest benefit of using a bank card like Mastercard or VISA is that almost every online casino allows you to make your deposits and withdrawals this way, and it’s not a coincidence that it remains one of the most popular ways to request payouts. However, it can be a hassle to have to type in your card number every time you wish to withdraw your cash.
Another thing to take into consideration is that U.K licensed casinos no longer permit the use of credit cards, and you will only be able to use debit cards if your preferred gambling site is in the possession of a United Kingdom Gambling Commission licence.
Most online casinos have bank or wire transfers as an available payment option, but it’s not the most convenient alternative when looking for fast payouts. Yes, bank transfers are incredibly safe thanks to the security measures of both the bank and the casino coming into play, but it is not the fastest way to complete a transaction.
Bank transfers can take several days, and while you might get lucky and see your money reflected on your account within 48 hours, it is a lot more common for these types of transactions to take up to 7 days to be completed. Are you willing to wait? If not, then this probably isn’t the payment method for you.
Top e-wallets like PayPal, Skrill, Neteller and EcoPayz are all great options for someone who wants to make sure to get their money fast, as many only take a few minutes to process a transaction request. You still need to take the casino processing times into consideration, as well as the time it’ll take to withdraw your money from your e-wallet account.
If you only consider the time it takes for your money to leave your casino account and show up in your e-wallet, then this is one of the absolute fastest ways to get a casino payout. There are fees associated with e-wallets, and while most only charge you to withdraw to your bank account, it is worth having a look through each digital wallet’s terms and conditions before making your final decision.
If you have access to using Trustly as your payment method, then you are in luck! Trustly is known as one of the few instant withdrawal methods, where you’ll have your money in your bank account right away after completing your transaction. It is a top option for those who don’t like to wait, as it works just like a regular bank transfer, and only much faster and significantly more efficient!
Forget about those long waiting times you might be used to if you’ve used wire transfers in the past, and let Trustly work its magic so that you won’t have to wait. This payment service doesn’t just offer fast payments, but also incredibly reliable service and security measures you can count on.
Using cheques isn’t really something that’s done anymore in South Africa, and at least not for casino transactions, but we want to cover it in case you ever come in contact with the option to make casino payments by check. If speed is important to you, this simply isn’t an efficient option.
Cheques will take an absolute minimum of 2-4 days to arrive after being sent out, but they can take up to 7 days (or even more). Add the time needed to cash the check once it arrives, and it’s not hard to see why this should be your last choice when aiming to make a quick and hassle-free casino withdrawal.
Comparing Payment Methods for Fast Payouts
|PAYMENT METHOD||PAYOUT TIMES||RECOMMENDABLE FOR FAST PAYOUTS?|
|Debit/Credit Card||3-7 Business Days||No|
|E-Wallet||1-3 Business Days||Yes|
|Bank Transfer||48 Hours to 7 Days||No|
In most cases, and especially when you are withdrawing large amounts, the casino needs to perform a review of your request before the money can be released. This is a process implemented to prevent any type of illegal or unlawful activity such as fraud and money laundering, and while it can be frustrating to have to wait, keep in mind that the mandatory review period is there for your safety.
At some casinos, it could be a very quick process where you barely even notice it taking place, but a smart strategy is to always count on it taking 24-48 hours to avoid disappointment. If you are specifically looking for a gambling site with reduced withdrawal times, then we recommend that you read through the terms and conditions carefully before you decide to sign up.
Pros & Cons
When you set out to find the casinos with the fastest payouts, it is easy to focus mostly on what can make a casino’s withdrawal times faster. However, to fully understand how quick payout gambling sites work, you also need to gain a basic understanding of what could slow down your withdrawals. One example is the wagering requirements that might come with a casino bonus offer.
Deposit bonuses and free spins are known for coming with wagering requirements, and you won’t be able to withdraw your winnings until these are fulfilled. If you value fast payouts and don’t want the hassle of having to fulfil wagering requirements first, then you might want to continue skipping the bonus offers or reading through the terms and conditions carefully before accepting.
Quick payouts aren’t only convenient for you as a player, but a sign that the casino you have chosen is both reliable and efficient in its payment processes. What does it mean when a casino is able to offer its players fast withdrawals and payments? We have had a quick look at some of the top perks.
It can take some time to find your perfect casino site with speedy payouts, but it tends to be very well worth the time and effort. A casino that has the funds to process withdrawals instantly or without too much of a delay, these are sites that are established enough in the business to not have to wait for money to come in before they can pay you.
Busy online casinos process hundreds or even thousands of withdrawal requests per day, and if the site is still able to pay out within a reasonable time-frame, it means they’re not directly dependent on deposits and bets to process payments. This type of financial strength helps protect you as a player and make sure you never have to wait for your cash.
Less trustworthy casino sites might intentionally delay your withdrawal requests and make you wait a little longer than what’s necessary, and the motive behind this strategy is to try and convince the player to gamble their money instead due to the prolonged processing times. It is known in the industry as “winnings reversal” where the player decides not to withdraw and keeps the money in their casino account instead.
This is a method associated with sketchy sites and it might not be one you come across at all while gambling, but if your casino offers quick withdrawals, then you can be sure they’re in it for honourable reasons rather than trying to trick their players into sticking around.
Times have changed and fast payouts are now more important than ever, and if a casino has successfully reduced its processing times, then it is a strong indicator of a site that listens to its customers. Customer satisfaction is essential in any industry, and when it comes to such a money driven business as the casino industry, it is invaluable to find a gambling site that goes out of its way to accommodate the needs and requests of its players.
Another way to test this is to make sure the site has reliable customer service options, and that you can get help no matter where in the world you are when you decide to play. Fast payouts, in itself, is a sign of excellent customer service, where the player’s voice is heard.
A No Account casino is a casino where you don’t need to create an account to play, and where you simply identify yourself with your bank I.D. These sites are still only available in select countries and areas, and you might have to search before you find one that will allow you to join if you don’t qualify. That said, it is a casino concept that is becoming more and more popular, and it is only a question of time before we’ll see them gain international acceptance.
The most common payment methods at No Account casinos are Trustly and Cryptocurrencies, as these two don’t add any additional waiting time to your withdrawal requests. With these, you’ll have your money almost instantly (in your bank account with Trustly and in your crypto wallet when using cryptocurrency), and they are currently the fastest paying casino sites in the world.
You should always look for casino licences when gambling on the internet, such as an MGA or a UKGC licence, and take the same precaution as you always do also when trying to find the fastest payout casinos. In general, fast payouts are a good sign and an indicator of a reliable casino, but making sure the site is licensed helps ensure the casino actually lives up to its promises.
Anyone could promise payouts fast as lightning, but they also need to deliver on their promises. You can find licensing information in the footer of most gambling sites, or in the terms and conditions. A licence means that a third-party company is monitoring the site, and these are there to control the gambling industry and keep you as a player as safe as possible.
When choosing between the fastest payout casinos, always make sure a valid licence from a reputable licensing authority has been issued so that you don’t end up getting scammed.
If you are on the hunt for casinos with fast payouts, you are far from alone! The good news is that a casino offering speedy withdrawals is usually a sign of a reliable site, meaning there is nothing wrong with wanting your casino transactions to be as hassle-free and convenient as possible when it is time to withdraw.
The casinos with the absolute fastest withdrawals are No Account casinos, but these are still somewhat uncommon in South Africa. With these, you don’t need an account and you get your money instantly when withdrawing with, for example, Trustly or in Cryptocurrency.
Other than that, what you want to look for is a casino with short payment processing times, and choose a payment method with quick withdrawals. Examples of fast payment methods are e-wallets such as Skrill and PayPal, while debit and credit cards tend to take a little longer. This combination—a fast payment method and a casino with short processing times, is going to make sure you get your money as quickly as possible when making a withdrawal.
Frequently Asked Questions About Fast Payouts
Considering that a fast-paying casino doesn’t stall when it is time for a withdrawal is a good sign, and quick payouts is in itself a sign of a reliable casino. It shows that the casino has sufficient funds to process hundreds or thousands of daily requests, and that they are not trying to con their players into choosing continuous play over a withdrawal.
E-wallets are some of the absolute best payment options for those wanting speedy payouts, as you will usually have your money in your e-wallet as soon as the casino has processed your request.
Every casino has their own rules and regulations, and processing times and pending periods usually range between 24-48 hours.
Yes, it might. A large withdrawal could be subject to more extensive verification before the money is released to you, and while this isn’t always the case, it could potentially slow down your payout.
Yes, with e-wallets you can usually get your money in a day or two, while a bank card can take 3-5 days.
Pay attention to the payment methods offered, and read through the casino’s terms and conditions. Fast payouts are getting increasingly requested by gamblers, and more and more casinos offer quick payouts.
Instant withdrawals can be found at No Account casinos, where you only need your Bank I.D to play.
Always check the wagering requirements on bonuses and free money, as this will affect how quickly you can withdraw your winnings.
Stay In The Loop With New Casino Sites & Offers!
Free Spins. Exclusive Bonuses. Sent Weekly.
After registering, you will receive 330 free spins without a deposit straight to your inbox.