PariPesa Deposits & Withdrawals

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PariPesa’s banking options in Nigeria are currently mainly comprised of international payments, with local payments like mobile money yet to be introduced. On the plus side, local players can make transactions in Nigerian Naira, meaning interchange fees won’t be an issue. In terms of the payment process itself, it’s streamlined making it straightforward for players to manage their funds. Below you can find a detailed look at the deposit and withdrawal options available, along with an explanation of key transaction policies.

Deposit Options and Limits

PariPesa offers several convenient methods for topping up your account:

  • Bank Cards (Visa, MasterCard): You can use your credit or debit cards for instant deposits at no additional cost. The minimum deposit amount is set at 450 NGN.
  • E-wallets (Skrill, Sticpay): These digital wallets provide instant deposits without any fees, with the minimum deposit also set at 450 NGN.
  • Prepaid Cards (Neosurf): Neosurf allows for immediate, fee-free deposits starting from 450 NGN.

Withdrawal Methods and Guidelines

Withdrawals at PariPesa are just as flexible:

  • E-wallets (Skrill, Sticpay): Funds can be withdrawn using both e-wallets within 15 minutes, and there are no processing fees. The minimum withdrawal amount is 650 NGN.
  • Withdrawals are processed around the clock to ensure that you can access your winnings whenever you need them.

Security Measures and Compliance

PariPesa takes the security of its transactions seriously:

  • Withdrawal Conditions:
    Withdrawals are only approved if the deposited funds have been wagered completely at odds of at least 1.1. The policy is standard and is applied by all sportsbooks.
  • Consistency in Payment Methods:
    You must opt for the same method for withdrawals that you used for deposits. If you’ve used various deposit methods, your withdrawals should be proportionate to the deposits made via each method.
  • Account Verification:
    This is a standard security measure to ensure compliance with legal standards, especially in regard to the source of funds. To verify your account, you’ll need to provide a government-issued ID, a recent utility bill or bank statement for proof of address, and proof of your payment method. PariPesa will guide you on securely uploading the documents through the platform. The review process by their security team may take a few days, during which withdrawals might be paused, but you’ll be notified once your account is verified.

Practical Advice

It’s important to use your own electronic wallet when making transactions, as using someone else’s can complicate your withdrawals. In some cases, PariPesa may offer a bank transfer as an alternative withdrawal method and could impose service charges under certain conditions.

Conclusion

PariPesa’s sportsbook dearly misses support of local payment methods but the support of NGNN partially redeems it. If you have an account with any of the provided payment options, you are guaranteed a hassle-free banking experience 24/7. Whether you’re funding your account or cashing out, you can count on having control of your funds at all times.