Parimatch is one of the recent additions to the Nigerian betting market. As a genuinely unique betting platform, Parimatch stands out with a great choice of events and markets, generous welcome bonuses, and laconic design. Moreover, the platform boasts a selection of payment options that will please any customer.
In this review, we’ll check out all the payment methods offered by the bookie with their pros, cons, and specifics.
How to Deposit on Parimatch in Nigeria
After you’ve verified your account, you can make your first deposit. We’ll guide you through the process. Parimatch offers Flutterwave, OPay, OPay app, or OPay agent shop as its deposit methods. You can fund your Parimatch wallet on the website or via the app. The steps are pretty much the same.
Step-by-Step Guide to Website Deposit
Log into your account. Once you’ve logged in, click on the “My Profile” page to see your current balance.
Enter the desired amount. Select your preferred deposit medium. With Flutterwave and OPay, you can deposit via your bank account, bank card, USSD, or bank transfer.
Bank account: choose the bank, enter your bank account details, and verify. Bank card: enter card details and follow the prompts offered by the bookie. Bank transfer: generate a unique bank account number and make your transfer; once the transfer is completed, go back to the same page to confirm the transaction by clicking “I have sent the money.” Your generated number is valid for 30 minutes only. USSD: follow the instructions on the screen.
Step-by-Step Guide to App Deposit
The application is compatible with most Android and iOS gadgets. You can download and install the app for your Android device by clicking the relevant banner on the Parimatch website. iOS aficionados will have to search for the app in AppStore. Then, download the app and sign up. Follow the steps below to deposit.
Parimatch Withdrawal Process in Nigeria
Bear in mind that you are to stake at least 80% of all your deposits to be eligible for withdrawal, and the minimum withdrawal amount is NGN 1,000. The account holder’s name must match your registration details for the transaction to push through.
Step-by-Step Guide on App
Parimatch Payment Methods in Nigeria
In this section, we’ll look at the main payment channels Parimatch has to offer.
Flutterwave
On Parimatch, you can pay via Flutterwave, Africa’s leading payments technology company. Numerous brokers throughout the world provide Flutterwave as a payment gateway option. It was established in Nigeria in 2016 and offers traders the freedom to deposit or withdraw from trading accounts using their preferred transfer method. It also integrates many payment methods through API documentation.
OPay
OPay is a mobile wallet that can be used to deposit funds into betting accounts in Nigeria. Although this is still a relatively new payment option in Nigeria, several betting companies are now offering it as a deposit option. Due to its frequent discounts and benefits, OPay is quickly gaining favor with bettors as a great alternative to conventional financing methods like bank cards and bank transfers.
How to Register
Before depositing and withdrawing funds, you must register on the platform. With Parimatch, you can register on the website or via the app. Both methods are fast and straightforward.
On the Website
- Open the website.
- Tap “Join” in the upper right corner.
- Enter your Nigerian phone number and select a safe password.
- Confirm that you are of legal age.
- Choose to get the welcome bonus from Parimatch (we’ll tell more about the welcome promo offer in the section below).
- Wait for the confirmation code from the system.
- Type in the code in the corresponding field and confirm your registration.
Via the App
Download and install the application on your smartphone and launch it. Click “Sign up” on the top of the screen.
How to Verify Your Account
You’ll need to verify your account before you may start any activities on Parimatch. You must provide some paperwork for authentication purposes. Here are the documents you are required to submit:
- Voter’s card
- Driver’s license
- National ID card
- International passport
Make sure you are taking clear front and back photos of your ID. There is no specific timeframe for KYC to be done, but the platform strives to process your verification ASAP.
Parimatch Deposit and Withdrawal Fees in Nigeria
With Parimatch, if you make a deposit to your account, you must stake or convert at least 80% of all your deposit to winnings before you can be eligible for withdrawal. If you fail to do so, Parimatch will charge 5% of your withdrawal as a commission.
Contact your payment medium to check if your transaction is subject to any additional fees and charges.
Payment Limits
Type of transaction | Minimum amount | Maximum Amount |
---|---|---|
Deposit | NGN 100 | Not specified |
Withdrawal | NGN 1,000 | NGN 10,000,000 per transactionNGN 25,000,000 per day |
Problems That May Arise When Depositing an Account or Withdrawing Funds and Their Solutions
There is a problem with your verification paperwork.
To initiate any financial transactions within the platform, you need to successfully complete the required KYC (know your customer) verification. You must provide a valid document with your correct personal details and wait till the security services get back to you with a positive answer.
Your payment information is incorrect or expired.
Always take the time to double-check your withdrawal request to be sure you are not having the money transferred to an expired card or account and that the information you submitted is accurate.
Your payment hasn’t been approved after 24 hours.
Parimatch payments are placed in a queue and processed in the same order they were received. If there has been a delay, a sudden influx of requests probably created a backlog. However, you can contact the Telegram bot to resolve the issue. Here is how you can fix the problem:
- Make a screenshot of your deposit receipt with the time, date, and amount of your transaction.
- Copy your phone number.
- Open the Parimatch Telegram bot.
- Type in “/start” and send.
- Choose “#.”
- Once the menu opens, choose “4” (Deposit) and then “4.2” (Deposit not reflecting).
- Once the bot gets back to you, send a message with your phone number and the receipt.
- Wait for the feedback from the bookie. Usually, they answer within a couple of minutes.
Parimatch Customer Support for Payment Issues in Nigeria
Parimatch has several communication channels for contacting its customer care managers. However, we recommend their highly efficient Telegram chatbot @Parimatchngbot which will provide answers to most of your queries. Alternatively, you can contact customer services via email by writing a message to support@parimatch.ng. The feedback usually is swift and detailed.
Conclusion
Parimatch is a super-efficient website with a ton of amazing features, despite not being as advanced as some of the other betting sites in Nigeria. Parimatch Nigeria accepts Nigerian Naira, has simple and swift deposit options, and offers an excellent welcome bonus to its brand-new users. We highly recommend Parimatch as your go-to betting destination in Nigeria. In this review, we featured all the lifehacks of processing payments on Parimatch. Use our tips to make your adventure with the bookie secure and enjoyable.