Do I need my banking login details for an Instant EFT deposit on Betfred?

Short Answer: It depends on the Instant EFT provider you select. For standard Instant EFT via Ozow or Walletdoc, you will need your internet banking login details. However, if you choose Capitec Pay, you do not need to enter any banking login details at all.

Betfred offers multiple Instant EFT options, and each one handles authentication differently.

1. Ozow and Standard Instant EFT

When you select Ozow or Walletdoc's Instant EFT, you are redirected to a secure payment page where you choose your bank. You then enter your internet banking username and password to sign in [citation:1][citation:4]. Once signed in, you approve the payment through your banking app or a One-Time PIN. This is how traditional Instant EFT works, and it requires you to have internet banking enabled on your account . Ozow states that your banking password is never stored [citation:1].

2. Capitec Pay

Capitec Pay works differently. You only enter your Capitec-registered mobile number, and a push notification is sent to your Capitec banking app [citation:2][citation:7]. You approve the payment inside the app using Face ID or your app login, but you never type your internet banking credentials on the Betfred or Ozow page. Capitec confirms that you do not share your banking login information at checkout [citation:7].