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Nairabet Deposits Guide - Payment Methods for 2024

Nairabet offers various deposit methods for punters’ convenience. Read on to learn how to deposit on Nairabet and the bookmaker’s accepted payment options.

Anders Roland Kjemtrup
A.R. Kjemtrup

Last Updated: 2024-09-05

W.A. Goodchild

6 minutes read

Nairabet
Licenses: Nigeria
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    With its 15 years of experience, Nairabet has become an established bookmaker. Nigerians looking to support their favourite sports team can find competitive odds and extensive sports betting options on Nairabet. 

    Before betting on Nairabet, you must understand how to fund your Nairabet account. Here’s how to deposit on Nairabet for each payment method that the bookmaker accepts. 

    Nairabet Deposit Methods

    Image for Nairabet

    Image for Nairabets

    The bookmaker allows punters to choose one of five payment methods. To deposit money on Nairabet, punters must log in through the desktop version or the mobile one before going to the deposit page. They must first pick the amount of funds they’d like to submit. Then, they can choose the payment method to finish the process.

    Before claiming a Nairabet first deposit bonus, check these payment options and learn how to deposit on Nairabet using each method, below:

    PayStack

    PayStack allows offline and online money transactions and integrates with other payment methods. Therefore, customers can transact through the platform using their bank cards, USSD, Visa QR, Mobile Money, and Apple Pay.

    With a mix of manual and automated fraud systems, PayStack offers a secure payment system that protects all transactions. 

    How to Deposit Using PayStack

    1. Choose PayStack on the Nairabet deposit tab.
    2. Enter PayStack debit card details on the empty field.
    3. Enter the card’s PIN. 
    4. An OTP code for depositing in Nairabet will be sent to the registered mobile number. 
    5. Enter the OTP code on the Nairabet page and submit the request. 

    Flutterwave

    Flutterwave is a fintech company offering a secure and quick payment gateway for punters who want to deposit into a Nairabet account. It supports over 30 currencies and can integrate with other popular payment methods.

    Users can connect it with their bank cards, M-Pesa, Mobile Money, USSD, and Visa QR. 

    How to Deposit Using Flutterwave

    1. Choose Flutterwave on the deposit tab. 
    2. Enter Flutterwave card details on the required field. 
    3. Flutterwave will send an OTP code to the user’s registered mobile number. 
    4. Enter the OTP code to complete the deposit process. 

    XPress Pay

    XPressPay offers an electronic payment platform that makes money transactions easy. Like other methods, punters can deposit on Nairabet using card details.

    Not only for depositing, XPressPay also allows bill payments for Nigerians thanks to a simple and user-friendly app. As an e-wallet, punters can easily and quickly deposit into Nairabet using mobile devices

    How to Deposit Using XPress Pay

    1. Choose XPress Pay’s icon on the deposit page. 
    2. Enter the XPress Pay card details in the provided space. 
    3. Enter the XPress Pay card PIN. 
    4. XPress Pay will send an OTP to the registered phone number. 
    5. Enter the OTP to the deposit page and submit the deposit request.

    Interswitch

    Interswitch caters to African users, aiming to provide them with a convenient payment system. Interswitch not only allows depositing but also allows bill payment through Quickteller.

    It’s a widely accepted payment option, with enterprise-grade security that’s NDPR compliant to ensure secure transactions. 

    How to Deposit Using Interswitch

    1. Select Interswitch on the deposit page. 
    2. Choose ‘Pay with Card’ and fill in the card details. 
    3. Interswitch will send an OTP to the registered mobile number. 
    4. Fill in the OTP on the provided space and submit the request. 

    OPay

    OPay aims to create a quick, secure, and easy-to-use payment gateway. It allows users to control their spending and transactions on one platform. It’s an easy deposit with mobile credit Nairabet option.

    OPay offers a digital wallet and physical ATM card that users can use to pay bills and transfer to another bank account with no extra fees. 

    How to Deposit Using OPay

    1. Go to the Nairabet account and click on Account Details.
    2. Copy the customer ID. 
    3. Log into OPay using a mobile device and choose Betting.
    4. Select Nairabet and paste the account details in the provided space. 
    5. Enter the fund amount and click the Pay button. 

    Nairabet Deposit Time

    All Nairabet’s payment methods allow quick transactions, so deposits should be almost instant. Once Nairabet verifies the punter’s account, the deposit money will be instantly credited to the betting account. 

    Deposit Fees  

    Bookmakers can charge transaction fees, which usually differ from one payment method to another. However, Nairabet doesn’t charge anything, regardless of the chosen method.

    Therefore, punters can fund their accounts for free. However, some payment methods might involve a transaction fee from the financial company selected. 

    Minimum and Maximum Deposit Limits

    Punters who want to fund their accounts must remember that the betting platform requires all punters to make at least ₦100 for deposits, regardless of the method. The maximum limit is typically ₦1,000 per transaction.

    Punters should be mindful that a Nairabet deposit bonus and other Nairabet bonuses offered tend to come with a minimum deposit requirement to claim.

    Punters will find a Nairabet promotion for new accounts that reward a risk free bet. This Nairabet promo will require punters to deposit before claiming as it’s a bonus that covers losing bets. 

    Unavailable Payment Methods 

    Punters can use almost all the popular payment methods in Nigeria. Whether punters want to deposit on the computer version of Nairabet or use their mobile devices, there is a fitting payment method.

    In addition, most of Nairabet’s payment methods accept integrations for popular physical and online banking. However, there are several other standard payment options that Nairabet doesn’t offer. 

    Cryptocurrencies

    Cryptocurrencies are consistently gaining popularity due to their decentralised nature. Digital currencies like Bitcoin, Litecoin, Ethereum, and Dogecoin became available on many Nigerian betting sites.

    Punters can utilise blockchain technology to ensure secure and transparent transactions, lowering the risk of fraud.

    Another charm of cryptocurrencies is their speed. The digital currency usually allows instantaneous deposits and withdrawals. However, many still avoid using cryptocurrencies due to their volatility. It can affect the value of funds in their hands, including the winnings they receive from betting. Still, many bookmakers are starting to adopt cryptocurrencies as there’s high demand for digital payment. 

    Skrill

    Among the many e-wallet options, Skrill is one of the most popular ones in Nigeria. It’s a safe and convenient digital payment with years of experience in the industry. With ease of use and security, Skrill is a popular payment method that most Nigerian online betting sites accept, although it isn’t always valid to claim bonuses. 

    Neteller

    Right behind Skrill is Neteller, which is equally popular and widely accepted among Nigerian bookmakers. Neteller is a highly secure digital payment system that allows almost instantaneous transactions. It’s also easy to reverse deposits and withdrawals when using Neteller.

    Although some bookmakers tend to require an extra transaction fee for Neteller, several bookmakers also provide free Neteller transactions.

    Anders Roland Kjemtrup
    Anders Roland KjemtrupSports Betting Editor

    Anders is an iGaming specialist with 7 years experience in content creation and strategy implementation in both the casino and betting industry across diverse markets with main focus on the Nordics.