Ozow is known as the peer-to-peer solution making it easy to pay and get paid. It comes in the form of a downloadable app for Android, Huawei, and Apple devices, doesn’t require a card to use for payments, and serves many different processes. Many bettors in South Africa enjoy the service as it is free of charge. That’s right, no hidden costs exist when you engage in sports betting with Ozow, and payments occur in real time, too.
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If you’re new to this payment method, then you will need to find out more about it before using it. That’s why we have put together some vital information on it for you below.
Ozow began life under the name of i-Pay, which was established in 2014. It has headquarters in both Johannesburg and Cape Town, and was co-founded by Thomas Pays, Mitchan Adams and Lyle Eckstein. Currently, the company operates an online automated Electronic Funds Transfer (EFT) payment gateway in South Africa.
Anyone who has an online banking profile is able to use the service. In doing so, you get to experience quick payments, free transactions, top-level security, and in 2020, it achieved the milestone of R10 billion in processed transactions.
So, what is it that makes this service so ideal for engaging in sports betting online in South Africa? Well, this Ozow review looks to inform you on everything it offers. The prime factor that makes it so beneficial is that it offers cardless transactions to anyone with a bank account.
Using Ozow for betting online is something that many people have already taken the decision to do. This is due to the several benefits it provides to its users. We have outlined these advantages a little more below.
If you are intending to engage in sports betting online, then you’ll need to know which the best Ozow betting site is for you. It would be very easy for us to say go and join the 1xBet sportsbook or Betway, for example. But you need to select the one that is the best for you. Here is some guidance on selecting the right sportsbook.
While several Ozow sports betting options exist that you can become a part of, you need to put proper research into the different sites. We have a few recommended sportsbooks for South African players at our site. But you may also find even more out there that seem interesting. Try seeking out legitimate reviews of these sportsbooks to compare between the different options. Look out for the following features:
Any site with Ozow integration for sports betting will likely have a top experience when using the payment method. Every time you choose to transact with it, you will get the benefit of seamless deposits and withdrawals. It’s simple to go through the transaction process after you download the app.
You only need to sign up to your preferred betting site, visit the cashier and select Ozow. Enter an amount to deposit and then click on proceed before entering your banking details. The payment should then be approved via the Ozow app for added security.
Throughout the payment process, you get to experience transaction notifications through the app. This way, you know when the funds have been processed and should appear in your sports betting account. The same is true when you request a withdrawal through the payment method. You’ll know when the money is back in your bank account.
Opting to use the Ozow payment method is something you need to do after a bit of deliberation. Various other options exist for you to make use of when depositing and withdrawing. There may be a better banking method for you to use for your online betting experience. Find out about a couple of tips and considerations to utilise when deciding to bet with Ozow.
Ozow doesn’t require you to possess a bank card to use. As long as you own an online bank account, you can make use of its services. This doesn’t mean that managing your bankroll is as simple as some other payment methods.
You need to ensure that you set yourself a proper budget, which should be an amount no more than you can afford to lose each month. As long as you then determine the units you intend to use on your bets, you should be fine. Most bettors take around 1-3% of their bankroll for each wager placed.
It’s common to show concern over using different payment methods to the norm. There is no need to fret in relation to Ozow, though. All payments occurring through this banking method are completely safe. The company has been in business since 2014 and has established itself in South Africa as a safe and secure payment processor already.
It is completely registered and uses the latest technology to adhere to top standards. Nobody except you and your bank can see the information sent via Ozow. With the app verification that needs to take place before a payment occurs, you’ll always be in control of where your funds go.
When you decide to use Ozow for your online betting activity in South Africa, you’ll be utilising a safe, fast and free payment method.
It provides you with advantages like in-app notifications, top-tier security and the chance to claim online sportsbook promotions. Follow our hints and tips towards betting with Ozow outlined here, and always engage in responsible gambling for the best experience.