Best eftpos Online Casinos 2024

By Dhruvil Sadhu 03.04.2023, updated 31.08.2024

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EFTPOS casinos allow players in various countries to make deposits and receive payouts with EFTPOS. The EFTPOS payment option has achieved global acceptance thanks to its compatibility with users’ banks and credit/debit card schemes. Apart from banks, numerous financial service providers have their distinct EFTPOS system, which is mostly integrated into their host country’s wider electronic payments framework. As such, this transaction method is accepted at both physical and online retail outlets. In this regard, there are many real-money online casinos that accept EFTPOS, and we have listed them on this page. You’ll also find how to deposit and withdraw at the best EFTPOS casinos in your country.    

General information about EFTPOS

EFTPOS is an abbreviation for Electronic Funds Transfer at Point Of Sale. EFTPOS is a digital payment service requiring users to pay with their credit/debit cards, banking app or payment service provider app. 

This payment method was first introduced for use in the United States of America in 1982. Within a few years after its launch, many countries created their indigenous digital payments system and incorporated EFTPOS into it. At first, only banks were authorised to issue EFTPOS machines to merchants. But after some time, licensed payment service providers in different countries were granted permission to issue EFTPOS machines to merchants.

Online merchants offer users the mobile or online EFTPOS option, which is linked to each user’s bank account or payment service provider account. Online casinos are among online EFTPOS merchants. Thus, both existing and new EFTPOS casinos allow you to complete each deposit via your banking app or payment service provider app.

EFTPOS payment option coverage

EFTPOS was originated and first launched in the USA, but today it’s a global method of paying merchants online and in stores. From the Americas to Europe, Asia, Middle East, Africa, and the Oceania, EFTPOS is accepted everywhere. Only licensed banks and payment service providers can issue EFTPOS machines to merchants for use at online and physical stores. Some of the top-gambling jurisdictions where you’ll find this payment method include New Zealand, the UK, the USA, Gibraltar, Canada, India, Curacao, Brazil, and Sweden.

This transaction option works with various global payment methods, including PayPal, Mastercard, Visa, American Express, Discover, and even commercial banks in different countries. Thus, you can deposit at online casinos that take EFTPOS via any of the above methods. Different currencies are accepted, including USD, EUR, GBP, INR, NZD, SEK, and BRL.       

How to deposit to online casinos with EFTPOS

The procedure for depositing at EFTPOS online casinos is simple and convenient. We have outlined it in the following steps:

1. Add real money into your bank account or EFTPOS-enabled service provider account. After funding your account, sign up with any of the recommended EFTPOS casinos online on this page.
2. Go to the casino cashier and choose EFTPOS as your preferred deposit method. Enter all details required for the deposit, including your phone number, email address, amount, bank or service provider name, etc.  
3. The system will generate a transaction ID. Copy the ID and log in to your banking app or service provider app. An outgoing payment notification will pop up requiring you to confirm the receiver’s details (online casino) and amount. Paste the ID in the required field and input your transaction PIN. The online casino will receive your deposit within the specified time.

How to withdraw from online casinos with EFTPOS

Though EFTPOS is popular for online casino deposits, not many platforms offer this payment method for withdrawals. Regardless of this situation, you can still withdraw with this banking option at some top EFTPOS casinos. If you’re a new player, you’ll need to verify your identity in line with the casino’s know-your-customer (KYC) requirements. Afterwards, you can request a payout taking the following steps:

1. Sign in to your casino account and request a payout. Once you’re signed in, visit the cashier and select EFTPOS as your payout method.
2. Provide the details required. The system will request certain details from you, including amount, phone number attached to your bank or service provider, bank/provider name, etc. Copy the transaction ID. Once you’ve entered the information, press the ‘Withdraw’ button.
3. Sign in to your banking app or service provider app and you’ll find an incoming payment notification. 

Transaction times and fees in EFTPOS casinos

Deposits at online casinos accepting EFTPOS are usually fast. In the event of network-related delays, the funds will arrive in your casino account within 5 to 10 minutes. However, withdrawals don’t arrive as fast as deposits.

Typically, EFTPOS payouts arrive 3 to 4 days after being processed by the online casino site. This is because the transaction goes through banks or third-party providers. They usually perform due diligence checks before completing a transaction. 

The situation of EFTPOS fees when depositing and withdrawing at online casinos is uncertain. Your bank or payment service provider will most likely impose a fee for each transaction – deposit or withdrawal. The exact fee will vary from one bank or service provider to another, but it’s typically very low. On the whole, we recommend making enquiries from your provider before transacting with this banking option.

Pros and cons

Pros:

• Available globally in all currencies
• Top-notch security
• Fast deposits
• Easy tracking of gaming expenses

Cons:

• EFTPOS payouts are almost rare
• Payouts take quite long
• Transaction fees apply for deposits and withdrawals

EFTPOS mobile usability

EFTPOS casino deposits and withdrawals are fully-mobile based. These days, all banks have a mobile app, and the same applies to digital payment facilitators. So, whether you wish to complete your online EFTPOS deposits with your bank or third-party provider, this is only possible on the app. The apps are available for iOS and Android smartphones, making it easy and convenient to initiate a transaction.

If your provider partners with online casinos that take EFTPOS, then you’re free to go for this banking option. You’ll receive incoming and outgoing payment notifications on the app, and also authorise transactions there.

Conclusion

You can deposit smoothly with this banking option. All you have to do is find a reputable online casino that accepts EFTPOS and make your deposits smoothly. The deposit process is simple and straightforward, while you’ll receive your funds instantly. Payouts are also smooth, but approval is subject to the casino’s withdrawal policy, which may take up to 4 days. However, keep in mind that there may be transaction fees because the payment method is linked to banks and payment providers. You’ll also find bonuses at EFTPOS casinos, especially the ones on this page.