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Isa Idowu
Author Isa Idowu
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reading time 10 min Deposits

How to Deposit to BetWay in Nigeria

publication - Apr 17, 2023

changed - Feb 26, 2024

Betway is a renowned betting site known across the globe. Its subsidiary, Betway Nigeria, is widely regarded as one of the country’s most talked-about bookmakers. For the past few years, betting companies have focused their priorities on delivering a quick and instant way of making payments. This article will analyze some of the company’s payment options.

How to Deposit in Betway Online

How to Deposit in Betway Online

Thanks to the development of science and technology, we now have so many ways in which you can top up your account. Moreover, these options are effortless and fast. If you want to recharge your account, stay tuned as we look through some options available.

Through E-Wallet

One of the ways you can recharge your Betway account is by using payment services like Quickteller. The transaction process doesn’t take long, although you need an internet connection. Now, let’s check out the steps to fund your account.

  1. Download the Quickteller app and log in to your account.
  2. Locate and tap Betway on the Merchant menu.
  3. Fill in the requested credentials.
  4. Specify the deposit amount.
  5. Select the account you wish to pay from.
  6. Confirm the transaction and wait until it is finalized.

Using Payment Systems

In addition to e-wallet payments, the bookmaker offers customers the option to use other payment systems. All these features are accessible to Nigerians with a registered account on Betway. Some of the services include Neteller, Flutter, and Paystack.

Via Bank Transfer

Bettors can also top up their accounts by using a wire transfer. This method is popular with the majority of betting sites. The procedure doesn’t take long, and no additional fees are charged.

  1. Proceed to the Betway platform or application.
  2. Check that you are logged in.
  3. Tap the “My Account” menu at the header.
  4. Select “Deposit funds” and “Bank transfer.”
  5. Type in the amount.
  6. Click on “Proceed.”
  7. A tab showing the bank’s name and account number will be displayed.
  8. Select your bank and key in your account number.
  9. Then tap “Verify account.”
  10. Type in your DOB.
  11. Submit the token forwarded to your telephone.
  12. Press “Next” and wait until the process is completed.

How to Fund Betway Account Offline

How to Fund Betway Account Offline

Nigerians that prefer using traditional means to carry out transactions are also welcome to join the Betway platform. Offline options are slower than online, but they still do the job.

At Bank Branches

You can also top up your Betway account by visiting the nearest bank branches nearby. Again, the process is free; ensure you have your necessary documents.

  1. Check-in with your bank.
  2. Pick up the bank slip.
  3. Fill it in with the necessary information. For example, the account name and the deposit amount
  4. Proceed to the counter and request a direct deposit to Betway.
  5. Answer any questions the cashier might have.
  6. Wait for confirmation.
  7. Done.

Deposit via ATM.

  1. Visit the nearest cash point around you.
  2. Insert your ATM card and type in your pin.
  3. Select Pay Bills or Quickteller from the menu.
  4. Select the account type and the paying merchant.
  5. Key in the merchant code.
  6. Enter your Betway account number and the amount.
  7. Type in your telephone digits and wait for completion.
  8. Done

Betway USSD Deposit Codes

Betway USSD Deposit Codes

The bookmaker also has a payment feature that allows you to top up your account using USSD codes. The option is convenient and can be used offline instead of going to a third-party app. Because these codes are unique, specific deposit amounts apply. However, you must have a registered USSD account to use this feature.

USSD code Zenith Bank

Zenith Bank is a leading multinational financial enterprise established in Nigeria. The service is safe and straightforward to use. To top up your account using this option, dial code *966# on your phone and follow the instructions.

USSD code GTBank

GtBank users can also utilize this feature for depositing funds into their accounts. The method is safe and very reliable to use. Dial *737# to recharge your Betway Naija account.

USSD code UBA

The financial company is one of the most prominent organizations in Nigeria and Africa in general. UBA customers can also top up their Betway accounts by using the USSD code. All you have to do is dial *919# on your telephone.

USSD code Heritage

Heritage Bank also provides a safe and practical solution that enables you to transfer money straight from your phone without going through other systems. The USSD code for this method of transaction is *745#.

USSD code Fidelity Bank

Last but not least on our list is Fidelity Bank. Customers of the notable Nigerian bank can also top up their accounts through the USSD code. The method is fast and reliable, and no additional fees are deducted. Dial *770# for more information.

How to Deposit in Betway With Paybill and Mobile Money

How to Deposit in Betway With Paybill and Mobile Money

Transacting through pay bill is another to transfer money into your Betway account. The process is similar to other financial services; you get your money instantly. This option is available in various African countries.

Recharging your Account in the Mobile App

As a notable betting company, Betway has developed a mobile application that can be used for betting. Mobile applications make accessing websites and platforms easier for individuals, and this is no different. The Betway app is meticulously designed software that allows bettors to top up their accounts, stake bets, and track the status of bet slips. Depositing via the mobile app is simple and convenient for any user. Furthermore, there are no additional fees. The app is accessible to iOS and Android users only.

Cryptocurrency

Unfortunately, Betway does not currently support payment via crypto. Even though other online bookmakers often use this feature. Despite this, there are still various payment options available on Betway that can be dependable and secure if you want to top up your accounts, including bank transfers, mobile banking, and e-wallet options.

Deposit Methods We Wouldn’t Recommend on Betway

We advise you to refrain from conducting transactions via unreliable sources to avoid losing your hard-earned money. First, avoid visiting shady payment sources offering cashback on every deposit. Secondly, you mustn’t use anyone’s stolen ATM card to recharge your account. If you do this, your Betway account will be suspended indefinitely.

Betway Deposit Limits

Betway Deposit Limits

Generally, the minimum deposit varies depending on the payment methods chosen. Therefore, before picking your preferred means of payment, ensure you know the lowest amount accepted by the bookie. It is also worth pointing out that the minimum deposit usually differs from the lowest withdrawal amount.

Betway Deposit Problems

Betway Deposit Problems

As with any sportsbook platform, you might experience some issues while depositing. Not to worry, this is quite normal, and you are not alone in this. We have analyzed some typical problems that might arise while you try to make a deposit. Let’s check them out.

Non-Instant Deposits

If the payment you made doesn’t reflect immediately on your Betway account, there are many reasons why that could happen. For example, it could be due to a poor internet connection or just bad signal reception on the bookmaker’s part. The best action to take is to contact the support team for assistance. The technical department will resolve any queries that you might have.

Incorrect Currency

Since the naira is the official Nigerian denomination, it is the only currency accepted on Betway Nigeria. Therefore, check the currencies accepted on the platform to avoid losing money.

Use Payment Methods in the Account Holder’s Name.

Bettors are also advised to use payment options with their legitimate names. During transactions, if the system realizes the name on the account doesn’t correlate with that on the payment system, your account may be blocked for possible impersonation.

How to Know My Betway User ID

Your Betway account number is an 11-digit random code you get when you complete your registration process. To identify your user ID, click the “My Account” tab. If you lost your phone or forgot your credentials, you can always get a new ones by clicking the “I forgot my password” link.

Conclusion

Betway Conclusion

To put it simply, the payment options offered by Betway are pretty decent, just like any other betting platform. These features influence your betting experience in one way or another. The provision of a payment method on the mobile app is also worth mentioning since most of the world’s population uses a smartphone. We hope this review has answered any questions about the Betway deposit that might have been lingering on your mind.

FAQ

Is Bitcoin acceptable on Betway?

Bitcoin isn’t yet accepted on Betway Nigeria.

How long does the Betway deposit process take?

The procedure is confirmed instantly.

What is the smallest wager you can make on Betway?

The lowest bet you can make is 100 Naira.

Is Betway accessible without a bank account?

Yes, you can top up your account without using a bank account.

Can I take money out of my Betway account and put it into my bank account?

Yes, you can withdraw your earnings into your bank account after confirmation.

What is Betway Nigeria’s minimum withdrawal amount?

The lowest amount you can withdraw is 1,000 naira.
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