There are now more ways to pay for goods and services online and offline than ever before, and digital wallets are becoming increasingly popular in Africa.
Digital wallets, which are also called e-Wallets, web wallets, or electronic wallets, are classed as Alternative Payment Methods (or APMS) and can be stored on your smartphone, tablet, laptop, or desktop computer.
They eliminate the need to carry credit or debit cards with you, and they also eliminate the need to carry physical cash (banknotes, coins, and cheques).
What are digital wallets and are they popular in Africa?
A digital wallet is an online payment solution that can be used to send and receive money anywhere in the world. It can also be used to pay for goods and services online and offline at the checkout of hundreds of thousands of global merchants.
You can also use your preferred digital wallet to store various things, such as your identification, membership cards, gift cards, coupons, concert tickets, hotel reservations, car keys, plane, train, and bus tickets, and so much more.
More people in Africa are paying for things on websites or with their mobile devices, and there has been a need for alternative payment methods, such as digital wallets. Today, digital wallets in Africa are extremely popular.
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The two main types of digital wallets are ‘open’ wallets and ‘closed’ wallets. Open wallets can be used to buy goods and services anywhere that particular method is accepted, whereas closed wallets can only be used at one or two sites. For example, you couldn’t use the Walmart Pay wallet to pay for goods on the Spotify website.
Digital wallets have become one of the top casino deposit methods for African players, and the good news is that they are free to sign up to. When you deposit and withdraw at some of today’s best African online casinos, you can generally choose from a wide range of perfectly secure digital wallets.
Examples of today’s most popular digital wallets that many of you will already be familiar with by now are the following tried & tested methods:
Some of the other reliable online payment solutions that players can use to deposit and withdraw at numerous fully licensed African online casinos are Apple Pay, ClickandBuy, Comepay, Dotpay, Ecobanq, ecoPayz, Flexepin, Jeton, Klarna, Moneta, Trustly, MuchBetter, and Neosurf.
Some African casino sites also now accept one or two major cryptocurrencies. Depending on which African nation you are based in and which online casino you sign up to will determine exactly which digital wallets you will be able to use.
For example, the digital wallets that are popular in South Africa might not be popular in Ghana, and the digital wallets that are popular in Nigeria might not be popular in Kenya, and so on.
Also, you may find that one particular African casino site might accept PayPal, whereas one of its rival casino websites might not accept PayPal. It varies from one casino to the next.
This is why you should always check to see if your preferred payment method is accepted at the casino before signing up. There’s nothing worse than signing up only to find that the casino doesn’t accept your preferred digital wallet when you log in to deposit.
Is it safe to deposit and withdraw at online casinos using digital wallets?
Yes. It’s perfectly safe to deposit and withdraw using digital wallets at today’s best African online casinos. Just make sure that you only ever use a trusted digital wallet. Also, make sure that you only ever sign up to a fully licensed African casino site that’s controlled by a trustworthy operator with a superb reputation.
Finally, today’s best African online casinos are protected by 128-bit or 256-bit SSL (Secure Socket Layer) encryption technology. This technology works around the clock to keep your money, banking details, and personal information closely guaranteed and protected from hackers, which means you have nothing to worry about.
If you live in South Africa and are looking for a secure online casino to sign up to, the official New Casinos website is one of the best sites to visit. This trusted site has a complete list of fully licensed African online casino sites worth signing up to in 2023, all of which accept a wide range of popular African digital wallets.
The website also has further information about some of today’s most popular African online payment options that were mentioned above.