Best Payment Methods on Pakistani Betting Sites
Pakistani payment methods on sports betting sites come in many different forms. Users can use both local and international banking instruments. Separately, the progressiveness of betting sites that introduce cryptocurrency payments is worth noting.
Our experts from Pakistan have made a clear assessment of the part of the online betting industry related to making financial transactions. Below, you will get a detailed description of the most popular and safe methods.
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Best Betting Sites to Pay With Pakistani Rupees
Our experts have gathered the best Pakistani online sportsbooks that have multiple transaction methods with PKR support. All these will allow you not to waste time and effort because reliable betting websites are already in front of you.
What Payment Methods Do Pakistani Betting Sites Support?
All online bookmakers that work legally in Pakistan offer real-money betting. This leads to the fact that having an account requires making deposits and cash-outs. This is available thanks to payment tools, which are an inherent part of sportsbooks.
First of all, they are divided into local and global, where the former is widely used directly in Pakistan and the latter throughout the world. Also, all the transaction methods have their own type. It can be a credit/debit card, e-wallet, bank transfer, e-voucher, or cryptocurrency.
If you are a newcomer to betting sites, then it is imperative to learn the available Pakistani banking tools so that you can conduct transactions in the future without fear and risk. This is why we are here.
Which Are the Best Payment Methods to Bet on Sports in Pakistan?
Pakistan is rich in companies that provide online payment services. All of them can be used for betting, but we want to warn you that each has some pros and cons. These are the ones that will be discussed. First, check the list of the most popular banking instruments in Pakistan prepared by our experts at bookiespk.com:
- JazzCash;
- Easypaisa;
- NayaPay;
- UPaisa;
- Skrill;
- Bank Transfer;
- Neteller;
- JetonBank;
- iCashOne Voucher;
- Cryptocurrency.
It is worth noting that most of these payment tools accept Pakistani rupees. Thus, players can avoid losing money on currency conversion when making a deposit. It is also important to add that by using payment methods, users will be able to activate most of the promotions that can significantly increase the bankroll.
JazzCash
JazzCash was founded in 2012 in collaboration with Pakistan Mobilink Microfinance Bank. Since then, this payment method has been rapidly gaining popularity, making it one of the most famous banking tools in the country. As such, betting sites are happy to partner with this transaction method, allowing players to make deposits and cashouts. This e-wallet uses modern methods of protecting user data, among which is the famous SSL 256-bit protocol. Thus, one does not have to worry about the security of transactions in Pakistani rupees.
As for commissions, as a rule, they are not provided at most bookmakers, but in any case, it is worth checking with the support staff. Our experts have selected the strengths and weaknesses of JazzCash Pakistan.
Pros
- It can be used for top-ups and withdrawals
- Offers users from Pakistan a user-friendly mobile application with an intuitive interface
- Most deposits are instant, which will allow you to bet in seconds after making a top-up
- JazzCash provides two-factor authentication (2FA)
Cons
- Long processing time for withdrawal of Pakistani rupees
Easypaisa
Easypaisa is a popular mobile payment method in Pakistan. It was launched back in 2009 by Telenor Microfinance Bank, so it has been in the market for more than 15 years. Easypaisa offers instant transfers, low fees, and a user-friendly mobile application, making it a great tool for financial transactions.
Many online bookmakers are adding this payment method to their sites, giving players a convenient way to deposit and withdraw winnings. Funding an account through Easypaisa is fast and hassle-free. Users can transfer funds through the mobile application, using the Easypaisa wallet or bank transfer. Bookmakers that support this method process payments instantly, allowing users to start playing immediately. Pay attention to the pros and cons of using this instrument for conducting transactions.
Pros
- The method is available all over Pakistan, which allows every player to use it
- Supports Pakistani rupees, so you don’t have to spend money to convert funds
- You can become an Easypaisa account holder in just 2-3 minutes
- Support service is available 24 hours a day
Cons
- Some betting sites do not activate promotions when you deposit via Easypaisa
NayaPay
NayaPay has a license from the State Bank of Pakistan. Thus, the transaction method can provide its services legally. Users get a convenient and secure way to manage their finances. Since its launch, NayaPay has been committed to providing access to financial services to a wide range of users by offering innovative solutions for everyday payments and transfers.
With Visa’s support, NayaPay has become a convenient tool for players who make sports bets. Many betting sites allow players to fund their accounts with NayaPay cards and also use them to withdraw winnings. This ensures comfortable financial transactions without the need for additional intermediaries.
Funding a sportsbook account with NayaPay is fast and safe. Users can instantly transfer Pakistani rupees and immediately start playing. Bookmakers that support Visa cards process such payments instantly, providing convenience for players. Withdrawing winnings via NayaPay is also possible. Sportsbooks that work with Visa allow you to send funds back to your card.
Pros
- Simple operation via the mobile application
- All transactions go through encryption channels for better security
- Cooperates with Visa
- The company only provides services to licensed online bookmakers
Cons
- If a transaction is canceled, delays may occur, which is inconvenient for users
UPaisa
UPaisa is a payment tool that has gained popularity in Pakistan in recent years. Because of this, many online bookmakers have started to cooperate with this banking instrument, which has made deposits and withdrawals possible. Payments through UPaisa can be made from smartphones, which makes depositing and withdrawing simple and convenient for players, especially if they play on the go.
Unlike some international payment instruments, UPaisa offers lower transfer and transaction fees, which makes it an attractive choice for players who want to minimize costs. Overall, UPaisa is a convenient and efficient method for players in Pakistan, which is the reason for the popularity.
Pros
- A great choice for mobile bettors
- Multiple layers of defense to prevent fraud
- Local banking instrument
- Operating under the license of the State Bank of Pakistan
Cons
- Verification may be required, which can slow down transactions
Skrill
Skrill is a popular and secure payment method that is widely used by online bookmakers. The tool supports PKR, which makes it convenient for players from Pakistan to use. The main feature is anonymity, as it mediates between your banking details and the online sportsbook. In this way, privacy and several safety levels are achieved, which increases the security.
One of the most significant advantages of Skrill is the possibility of instant deposits and withdrawals, which allows players to quickly jump into betting or receive their winnings without having to wait for several banking days.
Pros
- Bank account information doesn’t reach betting sites
- Two-factor authentication is one of the security tools
- Full support for Pakistani rupees
- International recognition in the betting industry
Cons
- This is not the Pakistani banking method
Bank Transfer
Real-time direct bank transfers are the way to deposit and withdraw funds in Pakistan. They operate 24/7, which will allow you to use them at any time of the day or night. Due to the increasing popularity of online bookmakers in the country, local banks have started speeding up the procedure of Internet transactions to simplify the process.
However, even with the positive trend of faster payment times, bank transfers are still extremely slow compared to other online payment services. This is because employees often manually check all transactions. More and more Pakistani banks are moving towards a digital solution to this problem, which will soon allow them to compete with mobile payment instruments.
Pros
- The safest way to conduct transactions
- The average waiting time for deposit or withdrawal confirmation is decreasing rapidly
- Typically offer high limits for top-up and cashout
- Available to every bettor from Pakistan over 18 years of age
Cons
- The method does not provide for anonymity
Neteller
Neteller offers players from Pakistan a way to make deposit and withdrawal transactions. The instrument has some of the fastest speeds, allowing you to start betting in seconds after making a top-up. Any user can open an account in just 2-3 minutes. This is also suitable for anyone worried about their anonymity.
Neteller is just a part of the chain (your bank account – Neteller – online sportsbook). Thus, the betting site cannot get your information.
Pros
- Confirmations of anonymity
- Fast transactions
- International recognition
- Accept PKR
Cons
- Neteller charges transaction fees
JetonBank
JetonBank is a modern and convenient e-wallet that is gaining popularity in the betting industry due to its simplicity and security. Launched in 2018, JetonBank aims to simplify money transfers by offering users a fast and secure way to deposit and withdraw funds. JetonBank uses advanced encryption techniques to protect the data of Pakistani users, which makes it a trusted choice for financial transactions while betting.
The company is certified by regulatory bodies, which confirms its reliability. There is also a JetonBank application available on iOS and Android, which provides mobile accessibility anytime and anywhere. Many leading online bookmakers have already integrated JetonBank as a payment method, and this indicates the tool’s acceptance in the betting industry in Pakistan.
Pros
- High-level encryption and regulatory certificates
- Easy-to-use mobile application
- Prompt deposit and withdrawal of funds
- Ability to use JetonCash prepaid cards for anonymity
Cons
- Identity verification may be required for full access to services
iCashOne Voucher
The iCashCode is an electronic voucher that can be redeemed directly in Pakistan. It is considered to be the best among anonymous deposit methods, as you just need to enter the code that is mentioned on the coupon. It also works without transferring bank account details, which is great for those who are looking for anonymity as well as security. Such vouchers can be easily purchased online through special services.
Deposits through iCashCode are instantaneous, as the funds on the coupon are already ready to be sent. Separately, it is worth noting that this method of balance replenishment is widespread, and almost every sportsbook now offers it. Unfortunately, due to the peculiarities of this banking instrument, it can not be used to withdraw funds, which is a weakness.
Pros
- Users from Pakistan get anonymity and security
- High deposit speed
- Available at almost every online sportsbook
- The voucher can be easily purchased online
Cons
- It cannot be used as a withdrawal method
Cryptocurrency
Cryptocurrencies have become an integral part of the financial system in Pakistan. That is why many betting sites allow you to conduct transactions using them. Considering that there are already countless crypto coins, every sportsbook is trying to introduce as many of them as possible to provide more ways of transaction.
However, bookmakers try to use only popular and more stable cryptocurrencies to simplify deposits and withdrawals. These are usually Bitcoin, Litecoin, DogeCoin, USDT, TRON, and Ethereum. A special feature is security and anonymity due to the use of blockchain technology. This means that no one can ever find out who made the transfer and with the help of which cryptocurrencies.
Pros
- Decentralized digital recording of transactions guarantees anonymity and security
- Large selection of cryptocurrencies
- Quick deposit and withdrawal transactions
- Low blockchain fees
Cons
- Cryptocurrency value is unstable
FAQ
What is the best banking method to bet on sports in Pakistan?
It is impossible to say exactly about it because everything depends on the player’s preference, but many users use JazzCash and Easypaisa in most cases.
Is it safe to make deposits and withdrawals using the payment tools mentioned in this review?
Yes, all the methods described above are safe and try to keep users’ privacy.
How do I know that online bookmakers are reliable to make financial operations?
It is best to choose betting sites from our review; in this case, you can be sure they are reliable.
Is it legal to conduct transactions using cryptocurrencies in Pakistan?
Yes, bettors from Pakistan can make top-ups and cashouts via cryptocurrencies without any problems.