Betway is one of South Africa’s most popular sports betting platforms, offering a wide range of markets, live games, and casino features. But before you can place your first bet, you need to deposit money into your Betway account. If you bank with Capitec, FNB, ABSA, or Nedbank, this step-by-step guide will show you exactly how to make a successful deposit — whether through mobile apps, vouchers, or instant EFT.
Overview of Betway Deposit Methods
Betway South Africa offers a variety of deposit options tailored to the needs of South African users:
- Mobile Banking Apps (Capitec, FNB, ABSA, Nedbank)
- Instant EFT (Ozow, PayFast)
- Card Payments (debit/credit cards)
- USSD Banking (select banks only)
- 1Voucher or OTT Voucher (for cash or airtime-based deposits)
Let’s explore each bank in detail below.
Capitec: How to Deposit into Betway
Method 1: Manual EFT via Capitec App
Log into the Capitec mobile app. Go to Transact > Payments > Add Beneficiary. Add Betway’s bank details (found under the Deposit section in your Betway account). Use your Betway username or account number as the payment reference. Confirm and complete the payment.
Method 2: Capitec Debit Card via PayFast
Log in to your Betway account. Go to Deposit > PayFast. Select the Capitec debit card option. Enter the amount and card details. Approve the payment via Capitec’s in-app verification or SMS.
Tip: For the fastest processing, always use your correct Betway reference and consider using PayFast for instant deposits.
FNB: How to Deposit into Betway
Method 1: FNB App
Open the FNB app and log in. Tap Payments > Add Recipient. Enter Betway’s bank details. Use your Betway reference number or username. Enter the amount and confirm the payment.
Method 2: USSD Banking
Dial *120*321# on your mobile. Select Payments or eWallet. Follow the prompts to add a new recipient. Enter Betway’s bank details and reference. Confirm and complete the transaction.
Note: FNB also works with Ozow for instant EFT options directly through Betway.
ABSA: How to Deposit into Betway
Method 1: ABSA App
Log into the ABSA mobile app. Tap Pay > Add Beneficiary. Enter Betway’s banking details manually. Use your Betway reference number. Complete and confirm the payment.
Method 2: ABSA Card via PayFast
Choose PayFast when making a deposit on Betway. Select your ABSA card. Enter your card details and confirm with the OTP from ABSA.
Security Tip: Make sure your ABSA online payments are activated and cleared for Betway.
Nedbank: How to Deposit into Betway
Method 1: Nedbank App
Log into the Nedbank Money app. Tap Pay > Instant Payment > New Beneficiary. Enter Betway’s account details and your reference number. Enter the amount and confirm the payment.
Method 2: Instant EFT via Ozow
On Betway, select Deposit > Ozow. Choose Nedbank. Log into your Nedbank internet banking via the Ozow pop-up. Approve the transaction using your Nedbank profile.
Alternative Option: 1Voucher or OTT Voucher
If you don’t use online banking or want a fast, cash-based deposit option:
Steps to Use a 1Voucher:
Buy a 1Voucher (available at PEP, Shoprite, Checkers, and online through Capitec). Log into your Betway account. Go to Deposit > 1Voucher. Enter the 16-digit PIN and the deposit amount. Funds reflect instantly in your account.
Bonus: No banking app or card needed. Perfect for users without formal banking.
Common Deposit Problems (and Fixes)
Deposit not reflecting
Double-check your reference number. If wrong, email proof of payment to Betway support.
Card declined
Try using Instant EFT or 1Voucher instead. Also check if your bank has flagged the transaction.
Delayed deposits
Manual EFTs can take time outside business hours. Use Ozow or PayFast for real-time deposits.
Daily bank limits reached
Switch to a different method or wait 24 hours before retrying.
Tips for Successful Deposits
Always use your Betway username or account number as the payment reference. Instant EFT and 1Voucher are the fastest methods. Save Betway as a beneficiary in your bank app for quicker future payments. Keep your deposit SMS or screenshot in case you need to contact support.
Conclusion
Whether you use Capitec, FNB, ABSA, or Nedbank, funding your Betway account is easy when you follow the right steps. With secure mobile apps, instant EFT services, and voucher-based options, there’s a solution for every user — even if you don’t have a traditional bank account.