If you are looking to opt for a particular Betfair bonus code currently up for grabs, you will be interested in getting more details regarding the Betfair payment methods. Luckily, if you open the Betfair website, you will find that the brand supports numerous convenient payment options.
This Betfair payment methods review talks you through the deposit and withdrawal procedures. But before you jump to this review, you can learn more about what this bookmaker offers, referring to our Betfair sportsbook, casino and bonus reviews.
Deposits
Filipino players joining the Betfair online betting site will be eager to get the latest information about the available Betfair deposit options. Luckily, numerous time-efficient Betfair payment methods are available when depositing funds.
The table below shows the available deposit methods, the minimum deposit amount that comes with each option, and the deposit time.
| Payment Methods | Betfair Minimum deposit | Deposit time | Fees |
|---|---|---|---|
| Bank Cards | – | Instant | / |
| E-Wallets | – | Instant | / |
| Online Payments | – | Instant | / |
| Bank Transfer | – | – | / |
As you can see, there aren’t any cryptocurrencies available to choose from. But, regarding their popularity among Filipino players, users can expect that this bookmaker will add some of them to its list.
How to Deposit Funds in Betfair?
To deposit funds to your betting account, you must first complete the account creation procedure. Then, you will need to choose the Deposit option, select your preferred Betfair deposit method, and complete a set of steps as follows:
- Open the Betfair website.
- Complete the login procedure.
- Then, head to the Player’s Profile page, and choose Deposit.
- Select your preferred deposit method from the available payment options.
- Add the amount you want to deposit and provide the essential details.
- To finalise the process, press the Deposit Now button.
To learn more about the registration process, feel free to check out our complete Betfair registration review.
Withdrawals
Suppose you create your account, deposit funds, and claim a particular bonus. Well, it is time to withdraw your winnings. Fortunately, this bookmaker supports numerous Betfair withdrawal options. Each provided method comes with its Betfair minimum withdrawal amount, transaction time, etc.
Let’s discover more about the available withdrawal methods in the table below.
| Withdrawal Methods | Minimum Withdrawal | Betfair Withdrawal Time | Betafir Withdrawal Fee |
|---|---|---|---|
| Bank Cards (Visa) | – | 2-5 Business Days | / |
| E-Wallets | – | 4 Hours | / |
| Bank Transfer | – | 2-5 Business Days | / |
How to Withdraw Funds in Betfair?
The withdrawal procedure is straightforward. This brand guides you through understandable steps you need to take to submit your withdrawal request in a few minutes. Let’s find out more about the procedure below.
- Visit the brand’s official website and complete the login procedure.
- Go to the My Account page and Select My Betfair Account.
- Then, choose Withdrawal.
- Choose from the available Betfair payment methods, and select your preferred one.
- Next, add the amount you wish to withdraw and fill in the required fields.
- To submit your request, press the Withdraw button.
The Benefits
One thing that makes this bookmaker stand among others is the diversity of payment methods it offers. Let’s find out some of the exciting advantages of joining this site.
Variety of Payment Options to Choose From
Becoming a member of a reputable and licensed online bookmaker means that you have numerous payment options at your disposal, and the operator will pay out your funds on time. Luckily, customers registering at Betfair can select their preferred payment method from various Betfair payment methods. These include bank cards, bank transfers, E-wallets, etc.
Minimum Deposit Option
One of the things that adds to the value of why this brand deserves your attention is the minimum deposit amounts that come with each available deposit method. Fortunately, you won’t need to deposit a lot of funds to place your bets and play your favourite Betfair casino games. With a small amount of cash, you can embark on great betting adventures and make the most of everything seen on the website.
Minimum Withdrawal Time
Betfair is known for providing fast withdrawals. You can choose from the available E-wallets, and rest assured that your funds will reach your account in a couple of hours.
Little to No Charges
In general, almost all online betting sites won’t charge customers any extra fees when making payments. If so, they may charge small fees for currency conversions. This goes the same with Betfair Philippines. Apart from bank transfers, all your winnings are tax-free, and the brand won’t charge you any fees when selecting other payment methods.
Payment Methods through the Betfair App
The mobile app provides all the available payment methods seen on the operator’s desktop version. Whether depositing or withdrawing funds, you can choose from convenient payment methods, and rest assured that the app is entirely safe. This means that all the details you provide are safe and protected.
Furthermore, the app was designed to meet all players’ needs, and it is easy to navigate. You can complete the deposit and withdrawal procedures in a couple of minutes and without issues. Read our complete Betfair app review and get the latest details regarding the app and how to download it.
Cryptocurrencies
Even though most online bookmakers offer Filipino players a wide variety of cryptocurrencies, this brand doesn’t have any under its payments list. However, customers can expect this brand to offer some cryptocurrencies soon.
Betfair Payment Methods: Paypal
This bookmaker offers Paypal as a payment method to its customers in several countries worldwide. Unfortunately, players from the Philippines cannot use Paypal when making online payments. Feel free to come back to our review and check if any changes are applied.
GCash
GCash is also one of the payment methods we couldn’t find when writing this review. But, no worries, all the available payment options are time-saving, and you can select your preferred one and finish the withdrawal and deposit procedures in a few minutes only.
Supported Currencies
Betfair is an internationally recognised online betting site. It operates in several countries and supports various currencies. You will discover multiple currencies on the brand’s website when making online payments.
As you already know, the bookmaker may charge you extra fees for currency conversions. Thus, checking the site and finding all the appropriate information before making payments is wise.
What Are the Betfair Transaction Timeframes?
When withdrawing funds, it can take the operator a few hours before it confirms your request. Then, the withdrawal transaction time will vary depending on the payment options you choose. For the most part, selecting bank cards or bank transfers can take 2-5 business days for the funds to reach your account. On the other hand, selecting E-wallets can take the funds 4 hours for funds to reach your account.
How to Change Currencies in Betfair?
When filling in the registration form, players are allowed to select their preferred currency. Suppose they want to change the currency, it is best to check the site and see the essential steps they must take, as some operators won’t allow their customers to make any changes afterwards.
