Payment methods for betting in Kenya

Find a detailed description about all payment methods for online Sports betting in Kenya

What Payment methods are available in Kenya? 🇰🇪

What deposit methods are available?

Bookmakers in Kenya offer a wide range of deposit methods for customers to use when funding their account. Here are some of the most common methods:

Debit and Credit Cards

This payment method is the standard among international bookmakers operating in the Kenyan betting market. The most common cards used are Visa and Mastercard because of their safe transactions and fast processing time. These cards are available to bank account holders with the leading local and international banks in Kenya.

To make a deposit using a debit/credit card, sign into your bookmaker account, click on ‘Deposit’ and select your payment method as ‘Debit/Credit card’. Enter the personal information and card details required. Proceed to complete the transaction as required. The payment is reflected immediately in your bookmaker account.

Mobile Payments

This is the most popular payment method for betting in Kenya. It is available through Safaricom’s ‘Mpesa’ and Airtel’s ‘Airtel Money’. Both local and international bookmakers require you to enter a mobile phone number to be linked to your betting account. This number is used for making mobile payments.

Find out more about Mobile Money in Kenya here

How to fund your betting account via Mpesa

 

How to fund your betting account via Airtel money

Most bookmakers in the Kenyan market have made it easier to fund your betting account directly on their website or mobile app using mobile payments.

From your betting account, just click on deposit and then select the ‘Mpesa’ or ‘Airtel Money’ icon.

You will be asked to enter the amount and your PIN number and the transaction is completed immediately.

E-wallets

E-wallets such as Skrill, PayPal, and Neteller are available as payment options to Kenyan bettors on international betting sites. Pesapal is also a growing online payment method in Kenya. The local bookmakers are also gradually introducing these e-wallet payment options for their customers. Just select your preferred e-wallet from available options on your bookmaker’s website and proceed to complete the transaction.

Bank transfers

Customers can transfer money directly from their bank accounts to fund their betting accounts. Bank transfers are mainly used for large sums of money. This service is available from a handful of the leading banks, including KCB, NBK, Equity Bank, Cooperative Bank, Stanchart and ABSA. Bank transfers can be done through online, bank mobile apps, or at the local bank branch. Not all bookmakers have this payment option.

What are the withdrawal methods available?

Betting customers in Kenya can withdraw money from their betting accounts using the following methods:

Mobile Payments

This is the most common withdrawal method. It uses either Safaricom’s Mpesa or Airtel’s Airtel Money. Both local and international bookmakers have this payment option in their menu for you to select.

From your betting account, select your preferred mobile wallet and amount to withdraw. The withdrawal is immediate and the money is sent to your mobile phone number with a text notification. The mobile number has to be registered with the bookmaker.

Find an example of how to withdraw using mobile payments by reading our Odibets Kenya review

Debit/credit cards

Customers can choose to have their withdrawals sent to their Visa or Mastercard bank cards. The transaction is supposed to be less than 2 hours but can take up to 24 hours. You have to register and confirm your credit/debit card details with the bookmaker to use this option.

Bank transfers/EFT

This method involves transferring your withdrawals directly to your bank account. It is available from leading banks such as KBC, ABSA, Stanchart, Coop Bank, and Equity Bank. You have to register your bank account or debit card details with the bookmaker before you can use this method. Transactions take 24 – 48 hours on average.

Example for Bet365 withdrawal

Bet365 withdrawal with Credit /Debit card is for free and takes between 1-5 days.
Minimum withdrawal amount is $10 and maximum is $80,000 for bank wire transfers

E-wallets

For bookmakers that allow e-wallets as a payment method, you can withdraw from your betting account to your e-wallet. Select your preferred e-wallet under the options available and enter the details required. Common e-wallets in Kenya include Skrill, Neteller, and PayPal. The transaction is immediate and there may be some fees charged. E-wallets are commonly used by international betting sites but local operators are also catching up.

 

Go back to our overview of payment methods for many African countries

 

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