Withdraw from Paripesa

Using Paripesa for sports betting? Here's how to withdraw your funds.

Ziv Chen
Ziv Chen

Last Updated: 2024-07-19

Luke Jones

6 minutes read

Paripesa
Licenses: Curaçao
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    4.2/5

    Paripesa Sportsbook knows how to keep its customers happy. This premier Nigerian sports betting site offers competitive odds on a vast assortment of pre-match and live betting options. Customers also have access to a wonderful welcome bonus as well as other Paripesa offers and VIP rewards. However, one of the things that attracts Nigerian sports bettors to this site is the lighting-fast Paripesa withdrawal times. So, how long does a Paripesa withdrawal take? Well, assuming you have your duck in a row, Paripesa usually takes under an hour to process withdrawals. 

    Step-by-Step Guide on How to Withdraw Money from Paripesa

    Let’s go through the simple process of how to withdraw money from your Paripesa account. Before we do that, please note that you must verify your account before you can withdraw your winnings. We will cover the verification process further below. Also, make sure that you have satisfied all of your bonus wagering requirements because making a Paripesa withdrawal while you have an active bonus can have ramifications. When you are ready to cash out your winnings, just follow these steps.

    1. Log in to Paripesa and go to the banking section. You can get there by hitting your account balance at the top of the screen.
    2. Select the “Withdraw Funds” option.
    3. Choose which payment provider you wish to use.
    4. Enter the amount you would like to withdraw.
    5. You will be prompted to enter a one-time PIN that you’ll immediately receive via SMS. Enter it and hit the “Confirm” button.
    6. Paripesa will quickly process your withdrawal. The Paripesa withdrawal time should range between 15 minutes and an hour. The speed at which you can access your funds depends on which payment option you use.

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    Paripesa Withdrawal Options

    Nigerian punters have a decent selection of withdrawal options, including:

    Bank Transfers via:

    • Access Bank
    • CitiBank
    • EcoBank
    • Fidelity Bank
    • First Bank
    • FCMB
    • GTBank
    • Heritage Bank
    • Keystone Bank
    • Stanbic IBTC Bank
    • Standard Chartered Bank
    • Sterling Bank
    • Suntrust Bank
    • UBA
    • Union Bank
    • Unity Bank
    • Wema Bank
    • Zenith Bank
    • Opay Bank Transfer

    Internet Banking:

    • Globus Ban
    • Polaris Bank
    • Providus Bank
    • Titan Trust Bank

     

    • OPay Wallet

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    Paripesa Withdrawal Time

    Paripesa processes withdrawals 24/7/365, and it doesn’t waste any time doing it. While it might take up to 24 hours to process your first Paripesa withdrawal, you will normally find that your subsequent Paripesa withdrawals are processed in about 15 minutes. It doesn’t get much faster than that.
     

    Bear in mind that the amount of time it takes to gain access to your winnings post-processing depends on which payment option you use. For example, those who use banking cards may have to wait between two and five days to get their cash.

    Minimum and Maximum Withdrawal Limits

    The Paripesa minimum withdrawal amount is set at ₦550. While there is a limit on the minimum withdrawal on Paripesa, there are no limits on your Paripesa maximum withdrawal amounts. With no Paripesa withdrawal limits, you can cash out all of the money in your account in a single transaction if you wish. Of course, you need to make sure that your payment provider can facilitate larger withdrawals.

    Paripesa Withdrawal Fees

    Paripesa does not charge any fees for deposits or withdrawals, although your payment provider might charge you a small service fee. According to the Paripesa withdrawal rules in the terms and conditions, all deposits must be wagered in full on events with odds of 1.10 or greater before you can make a withdrawal. This is standard operating procedure at most top-tier sports betting sites in Nigeria.

    Verification Process

    You don’t need to complete the verification process right away, but you need to do it before you request a Paripesa withdrawal. This is also standard operating procedure at licensed online sportsbooks. To verify your age, identity, and place of residence, you will usually need to provide digital copies of a couple of documents. 

    Typically, a picture ID like a passport or driver’s license, along with a document that bears your full name and address, should suffice. Think along the lines of a recent bank statement, utility bill, or credit card statement. Coincidentally, credit card users need to provide a copy of the front and back of their card with the middle 8 digits and CCV code covered. Paripesa can take up to 48 hours to verify your documents. 

    Paripesa Withdrawal Problems

    Paripesa withdrawals usually go off without a hitch. However, the possibility of hitting a snag always exists, even if you already know how to withdraw from Paripesa. If you encounter a Paripesa withdrawal problem, then there are a few things that you should check before contacting customer support. 

    • Have you satisfied the wagering requirements? Wagering requirements don’t only apply to Paripesa promo codes and bonus offers. Even if you aren’t engaged in a bonus offer, you still need to wager through your initial deposit amount once on any live or pre-match events with odds of 1.10 or greater. 
    • Is your account verified? One of the most common reasons for Paripesa withdrawal problems is that your account is not verified. As mentioned above, the laws and Paripesa’s licensing agreement require the bookie to verify the age and identity of all customers. You won’t be allowed to withdraw until you complete the process.
    • Does the withdrawal meet the Paripesa minimum withdrawal amount? Ensure that the amount of money you’re trying to withdraw meets the minimum Paripesa withdrawal limit. If you try to withdraw less than that, then it won’t go through.
    • Computer-related issues: The problem could be with your computer or internet connection, or it could be a temporary bug in Paripesa’s system. Don’t hesitate to contact customer service, as they have techs on hand to deal with these situations.

    Is Paripesa Legit?

    Paripesa has been in business since 2019, and it displays all the signs that it is a legitimate and trustworthy operator. In Nigeria, Paripesa is licensed by the National Lottery Regulatory Commission, meaning the bookmaker adheres to the strictest security standards. Paripesa will treat you fairly, keep you and your information safe, and provide you with reliable, fast withdrawal times. The fact that Paripesa won the Best Online Sports Betting Company of 2023 at the Stakeholders Interactive Forum TAX & Task awards further bolsters the bookie’s reputation.

    Responsible Betting

    Even though this guide is focused on explaining how to withdraw on Paripesa, we would be careless if we didn’t address the topic of responsible gambling. While Paripesa does provide customers with a variety of safe gambling tools, it’s up to you to use them. For example, if you want to set daily, weekly, or monthly limits on the amount of money you can spend, then you need to contact customer support. This also applies to other preventative measures like taking time-out or entering self-exclusion. We strongly suggest that you take these steps to ensure your gambling is always safe.

    Ziv Chen
    Ziv Chen Sports Betting Editor

    Ziv has over two decades of experience in the iGaming and sports betting industries. His love of writing dates back to his school years, when he made his mark as the editor of his school’s newspaper.