Here we are going to give you all of the information that you need when it comes to PayDirect deposit method. By the time you have gotten to the end of this page, you will definitely know whether this is the payment method that you have been searching for.
| Payment Method | MinimumDeposit | Maximum Deposit | MinimumWithdrawal | Maximum Withdrawal | Fees | Time Process |
|---|---|---|---|---|---|---|
| PayDirect | Depends on bookie | Depends on bookie | Withdrawal is not possible | Withdrawal is not possible | No deposit fees from bookie or bank | Instant for deposit |
What is PayDirect?
PayDirect is a payment option that allows customers to fund their sportsbook account by going to their local bank. Those of us who are tech-savvy will hate this method because it means going to the bank and standing in a queue just to deposit some funds at a bookmaker.
Why waste all this time when you can choose another method and deposit money into your sportsbook account from the comfort of your own living room?
There are people out there who do not like making online transactions. That is perfectly fine and if you are such a person, this has got to be the best payment option available to you.
Below we have listed some of the major banks where you can go to carry out a PayDirect transaction:
- GT Bank
- Skye Bank
- Fidelity Bank
- First Inland Bank
- United Bank For Africa
- First City Monument Bank
- First Bank of Nigeria
- Standard Chartered Bank
- Zenith Bank
- Union Bank of Nigeria
So, the first step is to go to one of these banks. What is the deposit process then? Well, we have outlined below what you will have to do when you are the bank:
- Get a deposit slip and fill it in accordingly. When it comes to filling in the beneficiary account part, enter the name of the bookie. In the depositor’s name part, enter your bookmaker. customer ID, and in the deposit part you will obviously have to enter the amount of money that you want to be deposited.
- Line up, and when it is your turn at the counter, hand the slip over to the teller and tell them that you would like to make a PayDirect payment.
- The teller will process your payment and the funds will be in your sportsbook account by the time that you make it home.
- Remember to ask for a copy of your deposit slip just in case anything goes wrong.
How to Create an Account with PayDirect
There is no such thing as a PayDirect account. The only account that you need is a bank account with the relevant funds in. If you are going to a bank to request a PayDirect deposit, we would assume that you already have one of those anyway. If you request to deposit more money than you actually have in your bank account, then your request will be rejected.
Fees and Commissions for PayDirect
Sometimes there will be extra fees that you have to pay when making a deposit, but that is not the case here. Like with the majority of payment methods, the bookmaker you are depositing with will not charge any additional fees and the bank will not ask for any extra money when you request a PayDirect deposit.
Our Opinion about PayDirect
In our honest opinion, we would much rather use another payment method where we deposit money into our sportsbook accounts without having to leave our home.
However, we fully understand that are some people who do not like making online transactions. These are the type of people that PayDirect was created for. If you are one such person, then you will have no issues at all when it comes to this payment method.
What You Need to Know about PayDirect
Here are four FAQs about PayDirect.
What is the Minimum Deposit?
The answer to this frequently asked question is that it depends on which bookmaker you decided to open an account with. One bookie might have a 50 Naira minimum deposit using PayDirect, while another one might happen to have a 100 Naira deposit using PayDirect.
What is the Minimum Withdrawal?
PayDirect can only be used to deposits to a bookmaker, so there is obviously no minimum withdrawal amount.
What is the Delay for Depositing or Withdrawing?
When you use this method of depositing money at your sportsbook, the money should be in your account within minutes. However, even if there is some small delay for some reason, you will find the money in your sportsbook account by the time you have made it back to your home.
Once again, this payment option cannot be used for withdrawing, so there will be no delay.
Are There Any Deposit or Withdrawal Fees?
The bookmaker/strong> that you use will not charge you any fees for making a deposit using PayDirect and the bank that you are using will not charge you any fees either. This is always great news to hear.