There is quite an interesting selection of banking options from SportyBet, as well as the site being one which really lays out their target audience.
First off, you have two fairly traditional methods via bank card and bank account. In order to deposit with your bank card, simply enter your card details and tell them the deposit amount. You can then enter your PIN, bank token or OTP which can be sent to your mobile phone depending on the verification method. Phones are really important to banking at SportyBet and this is just one example.
Depositing with your bank account requires you to once again fill in the relevant details (including your bank name, account number) and tell them how much you want to deposit. You can then verify your transaction by entering your birth date or OTP. Once again, this is all nice and simple.
Both these deposit methods come without fees. Bank accounts that are accepted include; Access Bank, Diamond Bank, Fidelity Bank, First Bank of Nigeria, First City Monument Bank, GT Bank, Zenith Bank and ALAT by WEMA. The minimum transaction is NGN 100.00 and maximum transactions are NGN 9,999,999,00. Transactions should be immediate although, of course, SportyBet can’t do much about issues on the bank’s side of things.
Withdrawals are just as easy and can also be done through a bank account. The same information is needed. There are no fees, with the exception of an additional carrier fee of NGN 50.00 when less than NGN 1,000,00 is withdrawn. The maximum withdrawal limit is the same as the maximum deposit. Withdrawals should be completed within 24 hours. When you add a new account, you’ll need to verify your identity via SMS.
The importance of mobile doesn’t stop there either, as you can also deposit and withdraw funds through your phone either through M-pesa Paybill or STK Push. And this is just as simple. In the case of M-pesa Paybill, you simply go to the menu, enter business number 202202 and account number SPORTYBET. Tell them how much you wish to transfer, enter your PIN and you are good to go. In order to withdraw your funds, simply send an SMS to 29123 with the amount you want to withdraw and your PIN code.
STK Push deposits work the same way. You send an SMS to that number telling them how much you want to deposit. In terms of proving your identity, you may be asked to confirm your address via a verification letter sent to the customer.
Like we said, SportyBet makes their target audience crystal clear with these options: not just geographically, but the type of customer they will attract as well. All of this is about convenience and simplicity, as was the case with the registration process.
Sure, they could have cryptocurrencies, for instance, but that would be in stark contrast to their focus on ease of use. We suppose they could do both. However, for the type of customer they are clearly after, the options available here more than fit the bill.