KoalaPays Online Casinos for South African players in 2024

KoalaPays Online Casinos in South Africa offers players a seamless online payment experience, addressing effortless deposit and withdrawal concerns. KoalaPays functions as an electronic wallet and money transfer service and provides a solution for exchanging over 20 fiat currencies and multiple cryptocurrencies. With KoalaPays, players can enjoy a hassle-free and versatile payment solution.

Top casino
150% + 35 FS
200% up to R30000 + 30 FS
Up to R25725 + 150 FS

Moreover, when you register an e-wallet with KoalaPays, you can open multiple accounts in various currencies. This liberates you from being bound to an online casino that only deals with a single type of currency. Additionally, as an e-wallet, it empowers you to handle both deposits and withdrawals conveniently. You can swiftly and efficiently perform these financial transactions with specialized KoalaPays applications available for Android and iOS.

We have observed that KoalaPays are predominantly present in international and Curacao-licensed lobbies. These are primarily platforms where users can engage in betting and have the opportunity to win. Moreover, these websites also cater to users from Canada, New Zealand, and South Africa. In addition, some of these online operators offer multi-betting options and a diverse range of entertainment, including slot machines, live dealer content, sportsbooks, lotteries, and even race tracks.

This guide will delve into online operators who have already integrated KoalaPays into their checkouts. While the list may be small now, we are confident it will expand quickly. Furthermore, we will explore the process of creating KoalaPay accounts and e-wallets, applying for promotions, and withdrawing funds. We aim to provide you with a seamless and informative experience.

What is KoalaPays?

KoalaPays provides a versatile payment solution, offering various banking services for seamless global money transfers. With the convenience of choosing your own time, you can effortlessly make transactions across borders.

Headquartered in Brno, Czech Republic, this company operates under the regulation of the Czech National Bank. It forges strategic partnerships with global financial institutions, enabling the provision of its cutting-edge solutions on a global scale. With an unwavering commitment to security, the company employs state-of-the-art fraud protection management technologies, safeguarding your funds with utmost diligence.

Indeed, you can’t create a personal account on this platform – it only a business account. This solution has been designed with a business model in mind, offering comprehensive services to companies worldwide. Therefore, access can only be granted to those who own or manage a business, are employed by a company utilizing this platform, or are customers of a company that already possesses an account.

However, if you prefer not to display your online gambling transactions on your joint business account statement or wish to keep your company information private when using online casinos, we would like to inform you that you can still utilize KoalaPays. For instance, if you have an IBAN account, you can conduct transactions at online casinos on behalf of your company without disclosing any company details to the casino.

How to open an account at KoalaPays Online Casino?

To initiate an account, certain requirements must be met:

  • Select a username and password.
  • Provide the complete name of the company and email address.
  • Enumerate the names and contact details of directors and shareholders.
  • Specify the company’s website and contact information.
  • Include the country, address, city, ZIP code, and company business sector.
  • Choose the preferred currency and indicate whether you are a VAT payer.
  • Click on the Register button.

How to Deposit at Online Casinos with KoalaPays?

Depositing with KoalaPays is quite straightforward. However, the challenge lies in finding an online casino sites that accepts this payment method, as the current list still needs to be improved. It’s important to note that KoalaPays is a relatively new payment option. Nevertheless, considering its numerous advantages, it may be okay if more and more casinos start accepting it rapidly.

Once you have selected a suitable online casino that accepts your deposit, follow these steps to initiate the deposit process:

  1. Navigate to the Banking/Cashier page on the online casino website.
  2. If you don’t immediately see the KoalaPays logo, check the “eWallets” page.
  3. Select KoalaPays and log in to your eWallet account.
  4. Enter the desired deposit amount for your online casino account.
  5. Confirm the transaction and your funds will be transferred to your casino balance within a few minutes.

Depositing with this remarkable solution is not just simple but also incredibly fast. Combine that with its exceptionally low fees, and it’s no wonder why it has become the preferred choice for many online casinos.

How to Withdraw Winnings with It?

The process for withdrawing funds will remain the same. Log into your online casino account and navigate the “Withdrawal Methods” section. From there, choose the “E-Wallet” option. Enter the desired withdrawal amount and transfer the funds to your e-wallet account.

After the casino carefully reviews your withdrawal request, which typically takes 24 to 48 hours, the funds will be transferred to your e-wallet account. As per their regulations, the casino may ask for specific identification documents. This step is essential to authenticate your identity and ensure the secure transfer of your winnings to your e-wallet account.

Applicable fees

Opening an account with KoalaPays comes at no cost to you. Nevertheless, it’s important to remember that certain services may have associated fees. The fees for your chosen services will depend on the number and type of services. The Business Agreement will specify these fees you must sign with KoalaPays before utilizing their services. If you are satisfied with the fees, you are not obligated to accept the agreement.

Restricted and Allowed Countries

As you may remember, when you begin the sign-up process, you will be prompted to select your country from the available options. As you explore the list of accepted countries, you will notice that this service is accessible to nearly all nations worldwide. While it enjoys particular popularity in the EU and the UK, users from around the globe can access it. However, as stated in our Terms and Conditions, KoalaPays retains the explicit right to refuse account approval for individuals originating from countries listed on the Consolidated List of persons, groups, and entities subject to financial sanctions by CR/EU.

Available Currencies

When using KoalaPays, you can access multiple multi-currency accounts through a single e-wallet. This allows you to transact with various currencies and digital currencies, including:

  • Danish Krone
  • British Pound
  • Hungarian Forint
  • Euro
  • Norwegian Krone
  • New Zealand Dollars
  • Polish Zloty
  • Romanian Leu
  • Russian Ruble
  • Swedish Krona
  • Ethereum
  • Bitcoin Cash
  • Bitcoin
  • Swiss Franc
  • Czech Crown
  • South African Rand

These options allow online casino enthusiasts in South Africa and other countries to manage their funds and enjoy a seamless gaming experience.

Bonuses at KoalaPays Online Casinos

Availability of welcome bonuses when topping up your account through KoalaPays is subject to the terms and conditions of the selected online operator. To ensure clarity, we recommend contacting the support representatives of your chosen gaming lobby for further assistance and guidance.

Meanwhile, every website in our database that accepts KoalaPays also provides a wide range of incentives to choose from. These include tempting welcome offers, ongoing promotions, cash match bonuses, bonus spins, top-ups and sometimes even cashback. You will receive a generous welcome package covering multiple initial deposits when you join Thunder Bolt. This amazing offer includes both cash bonuses and bonus spins. The carryover requirement is 30xBD, and the slots meet this requirement 100%.

At Yebo, when you sign up, you will receive a tempting welcome offer of 300% and bonus spins. To qualify, you need to achieve a turnover of 30xBD. Sports offers regular top-ups, and bonus spins are also available to help you stay in the game. Moving on to JacksPay, the welcome bonus consists of a generous 300% cash payout up to ZAR 11,337, topped off with bonus spins. The rollover terms for this offer are set at 40xBD. It is important to note that the offer is non-cash in nature.

Advantages and Disadvantages

While reading, you likely formed impressions regarding the aspects you appreciate and those you find unfavourable about this solution. The advantages and disadvantages are, in fact, quite apparent.

One of the advantages is that you can access four different services when you create an account. Regardless of location, you can effortlessly transfer money with just a few clicks. This solution enables you to create multi-currency accounts, supporting over 20 traditional and digital currencies, making it a dream come true for online casino players.

Furthermore, a crucial requirement for casino players is swift transactions. This is precisely where the eWallet excels. By utilizing the eWallet, you can conduct near-instantaneous transactions, allowing you to commence playing your preferred games within a matter of minutes.

However, we must recognize the significant drawback: the inability to create a personal account. Despite the assurance that all information shared with KoalaPays remains secure and confidential, certain players may still feel uneasy about disclosing their company details, regardless of the stringent security measures.

Customer Service and Support Options

To contact customer service, you have several options.You can send them a message using the contact form on the website.Please include your full name, work email address, company name and message.Alternatively, you can contact the team via Skype, Telegram, Linkedin, Instagram, Twitter or Facebook.

To reach out to the Support team, you can send them an email at [email protected]. Additionally, the official website offers a Blog page where you can gather more insights about their services and stay updated on industry-related news. It’s worth noting that the website is user-friendly and informative, providing an intuitive guide on making the most of their services.

Conclusion

KoalaPays is an extraordinary all-in-one solution invaluable to modern online casino players. It offers a seamless user experience, allowing you to access various services with just one account tailored to your needs. Notably, the eWallet feature stands out for its exceptional convenience, enabling swift transactions with over 20 fiat and multiple digital currencies. Furthermore, you can create multi-currency accounts and play using the casino’s default currency if desired.

Rest assured, KoalaPays follows stringent financial rules, regulations, and protocols. Your information will never be shared with the casino, and all your money will be perfectly secure with us. KoalaPays utilizes SSL encryption, ensuring the utmost safety for your shared information and funds. Hence, the choice is yours regarding the viability of employing this technique at online casinos. Weigh the pros and cons thoughtfully before arriving at a decision. If you opt to utilize it, you won’t be disappointed.

FAQ

What is KoalaPays?

KoalaPays is a comprehensive payment solution that provides services including eWallet, SEPA and SWIFT money transfer, and currency exchange. While headquartered in the Czech Republic, KoalaPays facilitates seamless and efficient transactions for users from various countries worldwide. Experience the convenience and speed of KoalaPays for your financial needs.

How can one ascertain the security of the platform with certainty?

The payment platform is strengthened with SECTIGO SSL encryption provided by one of the most reputable encryption providers. In addition, the company diligently follows all financial and regulatory rules, offering you peace of mind knowing that your funds are safe.

Is the eWallet optimized for mobile use, in case I want to avoid downloading the app?

Certainly! This payment solution is not only modern and mobile compatible, but also incredibly user-friendly. It has been carefully designed to easily adapt to any screen size, providing a seamless mobile banking experience. Regardless of your device’s operating system, you can rest assured that KoalaPays will provide exceptional performance and convenience.

How can I make a deposit using KoalaPays at an online casino?

If you already have a KoalaPays account, go to the cashier of an online operator and select this payment method. You can choose between an e-wallet or an account (please note that this option may not be available for casino cashiers). Once selected, decide on the desired deposit amount and confirm the transaction.

What are the fees associated with depositing or withdrawing funds for KoalaPay transactions?

The choice of casinos will greatly impact the overall experience. Typically, deposits are free of charge in 99% of cases, and cashout fees vary depending on the country and requested amount. Additionally, it’s important to consider any additional fees associated with topping up or unloading a KoalaPay e-wallet.

Does the product provide customer support?

Certainly! If you have any uncertainties, I recommend thoroughly exploring the website first. You will likely find the answers you need. Additionally, you can check out the Blog page for more information. If you cannot find the answer, please don’t hesitate to contact our Customer Support service, available 24/7. As a business member, you will have access to a dedicated account manager and a member of our Support team who will be more than happy to assist you with any inquiries or assistance you may require.

Author

  • Ernest Clevenger

    Ernest Clevenger is a prominent figure in the South African online gambling industry, serving as the editor of MontyCasinos.com since 2022. He is recognized for his detailed and passionate approach to the world of casinos, which has earned him a reputation as a trusted voice within the South African gambling community. His professional journey in the gambling sector is marked by a variety of roles both within South Africa and internationally, which have provided him with a broad and informed perspective on the industry.

    View all posts