Interswitch

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interswitch

Interswitch is the next popular banking option that we will analyse. Like with the majority of the other payment methods that we talk about, the information that is available about Interswitch is quite limited. However, we have done our utmost to provide you with as much information as possible.

Payment Method

Minimum
Deposit
Maximum DepositMinimum

Withdrawal

Maximum WithdrawalFeesTime Process
InterswitchDepends on method selectedDepends on method selectedDepends on bookiesDepends on bookieNo Fees

Withdrawal fee depends on bookie

Instant for deposits

What is Interswitch?

Interswitch is a digital money company that allows their customers to electronically circulate money. The company, which has been in existence since 2002, has managed to become so popular in Africa due to the fact that they provide cost-effective and reliable platforms.

Interswitch will offer their customers several different payment platforms for making purchases. These include the following:

  • WebPay
  • Verve
  • Quickteller
  • Webpaydirect

When making use of these platforms, us Nigerian sport betting fans can make secure and instant deposits at a number of different bookmakers. Below we have highlighted the deposit process:

  • Ensure that you have a valid card.
  • Enter your sportsbook account and head on over to the Cashier page.
  • Click the deposit link and choose then simply choose the card option that you would like to use.
  • Enter the amount that you would like to deposit and then confirm your transaction.

N.B. The funds will appear in your account right away, so you can start placing sports bet as soon as you like.

You will be happy to hear that you will usually be eligible for the Welcome Bonus if you make a deposit using an Interswitch method.

How to Create an Account with Interswitch

You will find that creating an Interswitch account is relatively straightforward. Below we have taken the time to explain the process:

    Go onto their website and click on “Create New Account.
  1. You will then be asked to input your first name, last name, email address,  and your mobile phone number.
  2. You must then create a strong password and confirm it.
  3. Once you have done that, click on “Create Account” and you will now have an Interswitch account.

N.B. When you have an Interswitch account, you can easily make use of the four different payment platforms that we mentioned above.

Fees and Commissions for Interswitch

When you are making use of an Interswitch deposit method, there are not many bookmakers out there that will charge you for making a deposit.

What about when it comes to withdrawals? Well, we could not find the answer to this question, so you will just have to find out for yourself if you decide to make a withdrawal using an Interswitch payment option. However, if we were to hazard a guess, we would say that there would not be any additional fees.

Our Opinion about Interswitch

Interswitch is a highly reputable company and they are responsible for coming up with some of the best payment methods that are available to us Nigerians.

If you decide to go ahead and use a payment option that is owned by them, we are certain that you will not have any issues when it comes to making a deposit or withdrawing some of your hard-earned winnings.

What You Need to Know about Interswitch

Us humans are inquisitive beings and below you can find four questions that are commonly asked about Interswitch.

What is the Minimum Deposit?

Well as Interswitch itself is not a deposit option (it is a payment platform that owns various payment methods), the answer to this question is that it depends on what payment option that they own that you choose. Whether it is

  • WebPay
  • Webpaydirect
  • Verve
  • Quickteller.
  • What is the Minimum Withdrawal?

    Well, once again, it is totally dependent on the payment method that you decide to choose.

    What is the Delay for Depositing or Withdrawing?

    You cannot deposit or withdraw using Interswitch per say; you will deposit money or withdraw money using one of their payment platforms. Therefore, the delay for depositing or withdrawing money will depend on the payment platform that you decide to use.

    Are There Any Deposit or Withdrawal Fees?

    When you make use of an Interswitch payment method, the majority of bookmakers that accept Nigerian players will not charge for making a deposit. However, when it comes to withdrawal fees, we are not sure because withdrawal information is something that does not seem to be readily available.