Safe online sports betting
While sports betting is meant to be as exciting as possible, there is still a level of required responsibility that we at Betway take very seriously. Every customer who registers an account on Betway’s online and mobile sports betting platform can expect the highest levels of safety and security.
FICA and what it means
FICA laws in South Africa require that Betway keep on record a copy of your identity document (ID) and proof of residence no older than 3 months. This process was designed to protect consumers from the dangers of fraud and identity theft, especially in regards to financial transactions. When registering your account you will need to upload these documents from the “My Account” page on the website or you can e-mail your documents to FICA@betway.co.za
By adhering to FICA regulations, you can rest assured knowing that Betway treats your account to the same standards followed by the top financial institutions in the country.
Withdrawal Process
While Betway is committed to making online sports betting as simple as possible, security is still a top priority. Regular withdrawals from your account will not be scrutinized and the funds will be available within 3-5 working days provided your FICA documentation is in order. For withdrawals over R5000 however, Betway will request a bank statement as a final safety measure to ensure that the funds are transferred to the correct account.
Standards and Security
Betway is licensed and regulated through the Western Cape Gambling Board and adheres to all processes required by the law. Betway is also dedicated to responsible gambling.
Rest assured, all transactions online with us are protected using impenetrable digital encryption technology, creating a safe and regulated arena in which to comfortably bet from anywhere, at any time.
