Mozzartbet Deposits Guide - Payment Methods for 2024

As a gambling site offering sports and casino betting, Mozzartbet (also known as Mozzart) ensures players have convenient and reliable payment methods. New users might want to know the payment methods on the site and mobile app. So, here’s a complete guide on how to deposit in a Mozzartbet account and the payment methods that Mozzart accepts. 

Mozzartbet Deposit Methods

Mozzartbet allows punters to deposit using two types of M-Pesa payments. M-Pesa is a virtual banking system that enables users to transact through a SIM card, and it has become one of the most convenient payment methods for sports fans.

Once users insert an M-Pesa SIM card into their mobile devices, they can immediately make money transactions with vendors or other M-Pesa users via SMS.

M-Pesa is operated under Safaricom, and the Kenyan government owns 35% of the company. Due to this connection, Safaricom and Vodafone have established a strong relationship with the Central Bank.

Therefore, all M-Pesa transactions are insured and strictly regulated. As one of the contributors behind M-Pesa, the Central Bank protects the banking system and insures deposits under the bank’s Deposit Protection Fund.

Mozzart also has a betting shop where punters can request a deposit. Once at the shop, players who want to deposit into their online account can ask the cashier for help, who’ll guide them step-by-step.

However, the Mozzart betting shop is inactive in Kenya at the time of writing. Players interested in the betting shop should contact the site’s customer service chat for accurate, up-to-date guides and information. 

M-Pesa Pros: 

●    Instantaneous transactions
●    Secure with the Central Bank’s security and two-factor authentication
●    Available without an internet connection
●    Widely available in most Kenyan bookmakers

M-Pesa Cons: 

●    Comes with transaction fees
●    Limit how much users can transact in a day
 

How to Deposit on MozzartBet

Before understanding how to deposit on Mozzartbet, players should finish signing up. Mozzartbet requires new players to enter their phone number and create a strong password. Mozzartbet will then send a verification code to the phone number, and players must enter the code to finish their registration.

After finishing the registration, players can start depositing. However, the method differs depending on the type of M-Pesa payment you prefer. Here’s how to deposit money from M-Pesa to Mozzartbet. 

Online M-Pesa

1.    Log into your Mozzart account.
2.    Open ‘My account’ and find the Deposit tab.
3.    Enter the preferred deposit amount.
4.    When done on mobile devices, a pop-up dialogue box will open and ask for the M-Pesa PIN.
5.    Enter it and submit. 
6.    Mozzart will send an SMS confirmation to notify a successfully deposited fund.

Lipa na M-Pesa (Pay Bill)

1.    Click ‘My Account’, then choose Deposit.
2.    Click the M-Pesa Menu and find Lipa na M-Pesa.
3.    Click Pay bill number and enter Business number 290059.
4.    Enter the account number and the registered mobile phone number.
5.    Enter the preferred Mozzartbet deposit amount.
6.    Enter the M-Pesa PIN.
7.    A confirmation message will appear, and clicking the ‘Send’ button will submit the request.

Mozzartbet Deposit Time

If you  deposit using M-Pesa into your account, the funds will arrive instantly. Transaction receipts will also reach both parties within seconds.

Deposit Fees

Although there are no Mozzartbet deposit charges, M-Pesa’s parent company Safaricom charges transaction fees that users might have to pay when depositing to their Mozzartbet accounts. The cost might change depending on the deposit amount. Standard Safaricom transaction rates apply to Mozzartbet deposits. 

Minimum and Maximum Deposit Limits

Mozzartbet requires players to deposit at least KSh 5, but there’s no limit to how much a player can deposit at once. However, note that the payment option has a transaction limit, so players must be mindful if they aim to transfer a considerable amount to their accounts.