The online payment sector is rapidly expanding, and it is getting complicated for gamblers to decide between all the options available. Thankfully, PayNearMe is here to fix this problem by combining many of the most used payment providers into one application, allowing its customers to pay in whatever way is more comfortable for them on some of the most popular sports betting sites in the world.
If you think making deposits and withdrawals on online sports betting sites is too complicated, you should give PayNearMe a shot.
What is PayNearMe?
PayNearMe is a payment platform that allows users to pay how they prefer for various activities, such as bills, shopping, and online gambling. Thanks to its innovative technology, you can pay in shops that accept PayNearMe via cash, credit/ debit cards, bank account (ACH), and e-wallets.
The PayNearMe platform has been operational for multiple years, and it is responsible for transferring billions of dollars each year. PayNearMe uses USD, and it only operates in the USA.
Making PayNearMe payments is very easy and safe, no matter which payment method you choose. If you want to pay using online methods, you have to pick the one you prefer in your PayNearMe application and add the information of the method you choose. Online payments with PayNearMe are working perfectly, but this company is famous for its cash transactions.
You can pay on various websites using some of the cash you have, which makes it ideal for esports bettors who prefer the feel of real money rather than making transactions by pressing a few buttons. Additionally, PayNearMe cooperates with many retail stores to allow you to make payments using your cash on more than 27.000 locations.
History of PayNearMe
PayNearMe was founded in 2009 after its founders realized the need for a more flexible and convenient way to pay their utility bills. Until then, people had to wait in lines for a long time or even go to locations that were too far away from them. This is where PayNearMe comes in.
The first retail outlet to start accepting cash for online payments was 7-Eleven, and for ten years, these two companies have formed a network that allows customers all over the USA to make payments when they want, how they want, and where they want. Even though the first year, the reception of PayNearMe was moderate, people quickly started realizing its potential.
In 2018, PayNearMe started accepting online payment methods like bank transfers, debit cards, and e-wallets, and in less than a year, it also added innovative payment solutions like paying by SMS, email, and mobile wallet integration. Its users quickly embraced all these new methods, and from 2019 to 2020, online payments increased by 25%.
One of the most important marks in PayNearMe’s history was the November 2021 partnership with Pin4, which allows its users to withdraw money from more than 17,000 ATMs across the country. This new opportunity to withdraw cash has attracted multiple new users who are uncomfortable with having their money in a digital form.
Which Are The Best PayNearMe Esports Betting Sites?
PayNearMe has been around for more than ten years, but it hasn’t expanded outside the USA, so the only online gambling sites that accept it are the ones that operate within the borders of the country. Not many states allow online gambling, so their number is limited to just a hand full of online casinos and sportsbooks.
That being said, amongst the betting sites in the USA, there are some pretty big names, and because of the popularity of PayNearMe, this payment method is always included. In addition, PayNearMe is also very reliable in executing payments. It is very unlikely that a transaction will be rejected or not processed, making it attractive to online sportsbooks.
Gamblers have embraced PayNearMe because it gives them access to the online sports betting world without the hassle of going through banks or other complicated procedures that require a ton of bureaucracy. If you have your PayNearMe account ready and a retail store close to you, you can make all the deposits you want.
Below we have our recommendations for some of the best esports betting sites that accept PayNearMe transactions.
William Hill
William Hill has a long history in the betting industry; lately, it started offering esports betting markets to tap into the ever-growing industry of esports betting. You can bet on a wide range of esports tournaments like The International, Intel Extreme Masters, and all the League of Legends tournaments. Even if the website design is a bit outdated, it is very easy to navigate, and the whole betting process becomes a real pleasure.
You can choose between a lot of payment options available on William Hill, and PayNearMe is one of the best choices you can make. The limits are quite flexible for casual bettors, and you can have your money in your account in a matter of seconds.
Unibet
If you are looking for one of the best PayNearMe betting sites, you must try Unibet. Thousands of users are betting on esports on the Unibet platform, and you can find all the betting features necessary for a good betting experience. In addition, the live stream makes in-play a real pleasure, making every moment of the match extra spicy.
Some of the main payment channels are VISA, MasterCard, and Skrill, but also additional Unibet payment methods are PayNearMe, and PayPal. All of them have zero extra fees and instant deposits, but only PayNearMe allows you to use your cash to fund your gambling account.
Bet365
Bet365 is the biggest betting site, operating in almost every country, with millions of monthly users enjoying esports betting. It is hard for any esports betting site to compete with Bet365 since it offers some of the best odds in the market on a variety of bets. You can also get multiple free bets from the occasional promotions Bet365 holds to increase your chances of making a profit.
Even though Bet365 is an enormous bookmaker, it takes customer support very seriously, and there is a team of customer agents ready to support its users in more than 20 languages globally. So if any problem comes up, you can be certain that you will get the help you need.
How To Use PayNearMe On Esports Betting Sites
Since Pinnacle added online payment options, users have a wide range of options when it comes to using PayNearMe on sports betting sites, and it all depends on the priorities each one has.
If you want to remain as anonymous as possible, then your best option is to complete your payments with cash. Paying with cash leaves no trace on the internet; moreover, you will not have to share sensitive financial information with anyone. You just go to a store near you, they scan your barcode, and you give them the cash. Simple and safe.
On the other hand, if you want to stay in the comfort of your house and don’t care about making purchases with online methods, then you can just pick any of the other options that PayNearMe offers its users. No matter what you pick, you will get your money in your betting account safely and fast.
How To Deposit With Esports Betting Sites That Accept PayNearMe?
Once you have chosen the esports bookmaker you prefer, it is time to fund your account so you can start betting on the games you want. If your PayNearMe account is active and ready to go, you can immediately start the procedure.
To deposit with esports betting sites that accept PayNearMe, you need to do the following.
- Enter your betting account
- Go to the payment section
- Pick PayNearMe as your deposit option and enter the amount you want
- Add your PayNearMe information, and you will get your barcode
- Pay the way you want (physical or online)
- Done
Don’t forget to take advantage of any promotion that might give you bonus funds or an extra free bet or two.
How To Withdraw With Esports Betting Sites That Accept PayNearMe?
Making a PayNearMe withdrawal is an easy and safe process and one of the most convenient methods to use if you have some money in your betting account that you want to move.
To withdraw from esports betting sites that accept PayNearMe, complete these steps.
- Log in to your betting account
- Pick cashout from the cashier tab
- Choose PayNearMe as your withdrawal option and add your phone number
- Follow the link from the text you receive to the ATM and take out your money
- You are done
Withdrawing cash from a betting site might seem weird, but it is a 100% secure way that you are going to get your money. Also, if you have an ATM nearby, this process might be easier than other conventional payment methods.
Online Betting With PayNearMe: Pros and Cons
If you are wondering why not everyone is using PayNearMe, it is probably time for you to see both sides of the coin since using this payment option has its advantages and disadvantages. If you want to have a complete image of the payment methods you use, you need to be aware of both the good and bad.
The biggest problem with using PayNearMe is that it is only available in the USA, limiting the bettor’s options significantly. Add to that, that almost no PayNearMe betting sites will allow you to make withdrawals with this payment method, so, unfortunately, you will have to do a bank transfer to take your money out of your account.
Another problem with using PayNearMe is that it only allows for deposits of up to $500, which can be enough for many bettors, but if you are really into betting and want to make some big deposits, $500 is a pretty tight limit.
On the other hand, the relatively low limits that PayNearMe has can be beneficial for some bettors that are prone to overdo it. If you think you need some extra control over your spending, PayNearMe can help you do that, especially since many studies show that paying with cash helps people be more aware of the amount of money they spend.
Advantages Of Using Esports Betting Sites With PayNearMe
There are many things that PayNearMe can offer to its users, and if they seem to cover your needs, then this is the right payment method for you.
The biggest advantages of using esports betting sites with PayNearMe are the following.
- Secure transactions
- Complete control over how much you spend
- Easy-to-use application
Disadvantages Of Using Esports Betting Sites With PayNearMe
PayNearMe has a lot of positives, but it can not be denied that there are a few negatives that make this payment method fitting for some bettors while, for others, not as much.
Here are the main disadvantages of using esports betting sites with PayNearMe.
- Retail stores to pay with cash might be far away
- Strict deposit limits
- Few betting sites allow PayNearMe withdrawals
PayNearMe Alternatives
PayNearMe might not be the right payment provider for you, or the online sportsbooks you found don’t accept it, so you will need to know which are some alternatives that can serve as excellent payment methods for your gambling journey.
Depending on how you like to bet and what betting site you prefer, here are multiple options that might do the trick for you. Most sports betting websites accept the ones we recommend, so chances are you will always have these methods available.
Tether
USD Tether has made quite an impact on the global financial system; even though it started as a niche idea, it has evolved into a huge cryptocurrency that is used extensively. One of its uses is as a payment method on esports gambling sites since it can offer low-fee transactions with the safety standards that only cryptocurrencies can guarantee.
More and more sports betting accept Tether, and you can even find some that are dedicated to crypto betting. So if you don’t already own cryptocurrencies, Tether is the best one to start, offering the stability of fiat with crypto technology.
Skrill
It is difficult to find a modern betting site that doesn’t accept Skrill transactions since it is one of the most popular payment providers in the gambling industry. Thanks to its low fees and instant transactions, you can deposit money on most bookies without needing to go through any time-consuming processes.
You can use your bank account to add funds to your Skrill account and then make payments directly from there, so you don’t expose your financial information to any risks. If you want a tried and tested payment provider, Skrill is your best option.
Conclusion
PayNearMe is a solid option to add funds to your betting account if you are looking for a way to get rid of any cash you have. You can make deposits on betting sites without any issues, and thanks to the high-security standards, you can remain completely anonymous while gambling online.
Create a PayNearMe account today, and enjoy the multiple advantages this payment provider has to offer to you.
FAQ
What disadvantages does PayNearMe have vs electronic providers?
The disadvantage that PayNearMe has to electronic providers is that it can be complicated for many people to find a retail store that cooperates with PayNearMe. Another disadvantage is that the transaction limits for PayNearMe are pretty tight since you can only make deposits of up to $500, while on many electronic providers, the limits are much higher.
Is PayNearMe Safe?
Yes, PayNearMe is completely safe, and it is practically impossible since you will have to physically make the payment with cash. Even if someone could get access to the barcode you got for a transaction, the only thing they could do with it is pay for you, which is not that bad. The 256-bit SSL encryption that PayNearMe is one o the best in the industry, ensuring the safety of your personal information.
Can you use PayNearMe on esports betting sites?
Yes, you can use PayNearMe on esports betting sites like William Hill, Bet365, and Unibet, which are some of the most trusted bookmakers worldwide. You can easily make deposits on them with a click of a few buttons, and you can be sure that your safety is guaranteed.
Does PayNearMe have deposit limits on esports betting sites?
Yes, PayNearMe has a deposit limit of $500 on esports betting sites that, admittedly, are not that great. Also, keep in mind that some sportsbooks might have their own limits per PayNearMe transactions, separate from the ones in place by the payment provider. If you are unsure, talk to the customer support of the bookie before you create your account to get all the information you need.
