What Is SiD Secure EFT?
Introduced to the market in 2007, SiD Secure EFT has grown to become one of South Africa’s most trusted online payment methods. SiD Secure EFT allows South African operators and players alike the means to receive and make, secure online and mobile payments directly from their bank accounts.
SiD facilitates convenient online payments by linking players directly to their Internet Banking, the system then pre-populates the payment details and facilitates the transaction seamlessly with the operator. Bank-level security, such as one-time PIN verification remains in place during the SiD payment, thereby ensuring complete protection throughout your payment process.
Top Sportsbooks That Accept SiD Secure EFT
Benefits Of Using SiD Secure EFT
Because SiD was specifically designed to cater for the growing need of South African players and operators there are a number of positives to using this payment method, they include:
- No Credit Card Needed – Because SiD integrates seamlessly into your existing bank account there is absolutely no need for a credit card.
- Convenient – SiD pre-populates the transaction details on your once-off payment page, making payment quick and easy.
- Safe & Secure – SiD Secure uses the latest security features, meaning that they will never store your data. SiD is independently monitored and verified by leading privacy & security specialists, for your protection and peace of mind.
- No Registration – Using SiD requires no sign up or registration by players. Only operators need to signup
- No transaction fees – There are no hidden transaction fees or costs to players when making use of SiD
Disadvantage To Using SiD Secure EFT?
There really aren’t many disadvantages at all to using SiD secure EFT payments. The only one we can really mention, and this is a stretch on its own, is that you need to obviously have an active bank account, as well as your internet banking setup with one of the South African registered SiD secure banks.
How Do I Deposit Using SiD Secure EFT?
Using SiD Secure EFT is probably one of the easiest and most used payment solutions when looking to deposit online. Below you will find a step by step guide on how to make your first SiD Secure EFT deposit.
Step 1:
The very first thing you are going to want to do is head on over to the sportsbook you wish to make a deposit at, for us to easily show you how the deposit process is done we are depositing with Bet.co.za as an example.
Go ahead and login to your Bet.co.za account using the username and password you created when you first registered .
Step 2:
Once you have successfully signed into your players account, head to the top right hand corner of your screen and locate the Deposit button, you should be able to see this in bright green. Click “deposit”
Step 3:
Once you have clicked on the “Deposit” Button you will then be redirected to Bet.co.za Cashiers page, here you will be able to see all not only the deposit options available to you, but you will also have the option to enter a bonus code you may have or see the bonuses that may be available to you.
Scroll down until you can see the SiD Secure EFT option and click on the icon to deposit. From here you can then enter the amount you wish to deposit. The nice thing with SiD is that the min deposit amount is just ZAR1.
Step 4:
Once you have entered the amount you want to deposit and you have clicked on the Deposit button to proceed, you will then be taken to the SiD Secure EFT page. Here you will then need to select the South African Bank you would like to make your deposit from. All major banks are available such as ABSA, Nedbank, Standard Bank, FNB, Capitec and Investec.
For this example we are going to go and select Nedbank New online banking.
Step 5:
From this point you will then be asked to enter the username and password for your internet banking account, If you aren’t sure of what these details are you can contact your bank for assistance. Enter your internet banking details and click “Proceed with payment”
Step 6:
You will then be taken to a simplified version of your internet banking, here you will then be able to select the bank account you wish to make the deposit from. For this example we are going to go and select the cheque account
Step 7:
The final step of the process is verifying that you are in fact the person authorising the deposit. For this step you will need your mobile phone close by, so make sure you have it handy. An approve it message will be sent to your mobile, all you need to do is either accept the transaction. Once you approve the payment the deposit is complete and funds will reflect instantaneously into your players account.
SiD Secure EFT Customer Support
- Official SiD payments website
- Email: support@sidpayment.com
- Phone: 011 555 1101
- Location: Monte Circle, 1st Floor, Block C, 64 Montecasino Boulevard, Fourways, 2055