Best Entropay Online Casinos South Africa 2024

Founded in 2003, Entropay was the first company in Europe to offer a virtual Visa card payment service. It’s a wholly-owned Ixaris Group Holdings Limited subsidiary based in England (UK). Entropay was fully licensed and authorised by the UK Financial Conduct Authority (FCA) under the Electronic Money Regulations in 2011 to issue electronic money. This means the company is subject to FCA’s strict standards and regulations. 

Its parent company (Ixaris) is an enterprise payment solutions provider and developer of payment apps built around open-loop prepaid card systems. Thus, the company helps organisations and consumers make smarter online payment choices. Innovation is in the company’s DNA, from launching Europe’s first virtual cards to shaping the future of airline payments.

Getting started to use Entropay

The Entropay virtual Visa-branded card can be used for online and in-store transactions as well as transferring funds from merchants such as online gambling platforms. Furthermore, you can load the card through various options such as bank transfer or other payment cards. Fortunately, you can also transfer back funds to your bank account using the company’s bank transfer service. 

You must set up an account on Entropay’s webpage to get started. The registration process is easy and swift, as it only takes a few minutes to complete. Afterwards, you’ll instantly be issued a virtual Visa linked to your account. You won’t have a physical plastic card with an account number; the card will exist virtually. Since the cards are prepaid, there are no interest charges or monthly or annual fees, and the spending is restricted to the amount of prepaid funds loaded on the card. As a player, you can make instant deposits in safe and secure online casinos that accept Entropay and begin your real money gaming adventure.

On 1st July 2019, Entropay’s consumer product was discontinued. In August 2021, Nium (a leading B2B financial services technology platform) received all regional jurisdiction regulatory approvals for the acquisition of Ixaris and made the company its latest payments business unit.

As a player, you’ll want to get your winnings as quickly and efficiently as possible when you’ve gathered enough winnings. Withdrawal requests in top Entropay casinos in SA are performed similarly to deposits. However, it would be best if you were wary of the standard service charge of 1,95% imposed on every withdrawal transaction done via Entropay.

Once you’re ready, head to the banking/cashier section and select Entropay from the list of options. Fill in the amount you want to cash out and confirm the transaction. Luckily, with Entropay, withdrawals are processed instantly. Nevertheless, the online casino’s withdrawal times dictate the overall time funds will be floated to your Entropay wallet. Please note that you can reduce the withdrawal time by completing the casino’s KYC verification process during account registration. 

On most casino sites, you’ll be asked to upload a scanned copy of a government-issued ID card, passport, or driver’s licence to verify your identity. In addition, a recent utility bill, a bank statement, and a screenshot of your Entropay account profile are required to verify your address, source of income, and account ownership, respectively.

Entropay is one of the fastest payment options since all deposits and withdrawals are processed and credited into your account instantly. However, the online casino’s withdrawal times determine the overall time funds will be credited to your Entropay wallet. Nevertheless, with deposits, you only have to enter your virtual Visa card information, such as your Entropay card number, the expiration date, and the CVV (Card Verification Value) code. Afterwards, enter the amount you wish to deposit into your player account and log into your Entropay account to authenticate and authorise the transaction. Upon confirmation, your payment will be processed instantly or in less than a minute.

Although signing up for an Entropay account and making online payments is free, there are specific fees charged for other services such as billing currency conversion (2.75%), foreign currency exchange (2%), loading funds into your virtual Visa card (between 1.95% to 4.95%), etc. Luckily, deposits and withdrawals to and from your Entropay wallet to your Entropay minimum deposit casino in South Africa are free. 

You’ll have to pay a 3.95% fee if you load your Entropay account from a personal bank account, whereas payments from your wallet to your bank account will be charged an approximate fee of between ZAR 55 and ZAR 275. 

Moreover, suppose your account remains dormant for six months. In that case, you’ll incur an approximate fee of ZAR 92, while closing your Entropay account and withdrawing to a debit/credit card will attract an approximate ZAR 110 charge. The chargeback processing fee is USD 15 (approx. ZAR 275).

Although Entropay isn’t one of the most widespread payment options in online casinos, it offers fast and highly-secured online transactions. Additionally, it’s a flexible banking method, as you can use it to deposit and cash out winnings from your player account. Playing at an Entropay online casino has numerous perks, such as generous bonuses, unrivalled customer support, a diverse game library, etc. Despite these benefits, some Entropay transactions feature service fees, which is a significant drawback. This review has listed the top Entropay online casinos in South Africa, highlighted the numerous games offered at Entropay casinos, the pros and cons of using Entropay, and a step-by-step Entropay deposit and withdrawal procedure.