Parimatch
05.06.2023, 08:52
26.05.2024, 23:51
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Parimatch Withdrawal: How to Cash Out Your Winnings

One of the most essential aspects for bettors when considering a new sports betting platform is how to withdraw money.

Parimatch understands the importance of providing a secure and efficient withdrawal process, allowing you to access your winnings quickly and without complications.

To help you understand the process, we have outlined a step-by-step guide on withdrawing money from your Parimatch Nigeria account.

Parimatch Withdrawal Methods: How to Cash Out Your Winnings

When it comes to withdrawing funds from your Parimatch Nigeria account, there are specific rules and requirements that you need to follow. Parimatch has implemented measures to ensure security and prevent fraudulent activity. Here are the key points to keep in mind:

  1. Use the same payment system: Parimatch requires you to withdraw funds using the same payment method you used to deposit funds into your account. This is done to ensure the safety and integrity of transactions.
  2. Restrictions on multiple accounts: To maintain transparency and prevent misuse, Parimatch strictly prohibits users from using other accounts that may belong to their friends, colleagues, or relatives. Each individual should have their own verified and validated account for withdrawal purposes.

Now, let's explore the available payment options for withdrawing cash from your Parimatch Nigeria account:

  1. Flutterwave: Flutterwave is a popular payment gateway that allows for secure and convenient online transactions. It provides a reliable option for withdrawing your winnings from Parimatch.
  2. Bank Transfer: Parimatch also offers the option of withdrawing funds through bank transfer. This method allows you to transfer your winnings directly to your bank account.
  3. Paystack: Paystack is another trusted payment platform facilitating easy and secure online transactions. It is available as a withdrawal option on Parimatch Nigeria.

Please note that the availability of these payment methods may vary at times. If a particular method is temporarily disabled, you can try again later or contact the Parimatch customer support team for further assistance.

It's essential to stay updated with the latest information regarding payment options and any changes or updates made by Parimatch. If you have any specific questions or concerns about the withdrawal process or the available payment methods, feel free to contact the Parimatch customer support team. They are there to assist you and provide the necessary guidance.

Parimatch Nigeria Withdrawal Time: How Long It Takes to Receive Your Funds

At Parimatch, they strive to ensure the withdrawal process is as efficient as possible. While the bookie tries to minimise withdrawal times, it's important to note that certain factors may affect the timeframe. Here's what you need to know:

  1. Rapid withdrawals: Most of our withdrawal options offer fast processing times, allowing you to receive your funds quickly.
  2. Bank Transfer: If you choose the option, the withdrawal process may take up to 11 hours. They appreciate your patience during this time.

If you have not received your money within 24 hours, the bookie encourages you to contact our dedicated customer service team. They will investigate the matter and provide you with the necessary assistance. If any technical issues arise with our platform or payment system providers, rest assured that your funds will be credited back to your Parimatch account.

We prioritise the security and reliability of our withdrawal process and aim to resolve any issues promptly. Our customer service team is always available to address any concerns regarding your withdrawals or any other aspect of your Parimatch experience.

Parimatch Withdrawal Limit in Nigeria: the Maximum and Minimum Withdrawal Amounts

  1. Account Balance: You can only withdraw funds available in your Parimatch account. Make sure you have sufficient funds before initiating a withdrawal.
  2. Withdrawal Limitations: Parimatch Nigeria may impose certain withdrawal limitations. These restrictions could be related to suspicious account activities or fraud prevention measures. The platform prioritises the security of our platform and may implement necessary restrictions to ensure a safe betting environment.
  3. Minimum Withdrawal Amount: You can withdraw from your Parimatch account is 1,000 NGN. Please note that this minimum threshold applies to all withdrawal methods.
  4. Verification Process: If you wish to withdraw more than 250,000 NGN, it is necessary to verify your account. Verification is straightforward and involves matching your name with your bank account number. For detailed information on our verification process, please refer to the FAQ page on our website.
  5. Payment System Limitations: Knowing that your bank or other payment systems may impose transaction limits is essential. If you encounter any difficulties transferring your funds, please check the limitations set by your payment system.

Parimatch Bonus Withdrawal: How to Withdraw Bonus Funds

  1. Check Terms and Conditions: Parimatch NG recommends carefully reviewing the terms and conditions before taking advantage of any bonus offer. These will outline the specific requirements and rules for withdrawing bonus funds.
  2. Wagering Requirements: Bonus funds are typically subject to wagering requirements. This means you must wager the bonus amount a certain number of times before you can withdraw any winnings associated with the bonus.
  3. Validity Period: Each bonus offer will have a specific validity period. You must use the bonus and fulfil the wagering requirements in this timeframe. Keeping track of the validity period is essential to ensure you meet the necessary conditions.
  4. Multiplier Number: The multiplier number refers to the number of times you must bet the bonus amount. For example, if the multiplier is 10x, you must wager the bonus amount ten times before withdrawing any winnings.
  5. Contributing Bets: Some bonus offers may require you to place bets on specific formats, events, or tournaments. These contributing bets are outlined in the terms and conditions of the bonus. Make sure to follow the requirements regarding which bets qualify towards meeting the wagering requirements.

To withdraw your winnings from bonus funds, it's essential to adhere to the wagering requirements for the specific promotion you participated in.

Parimatch Bonus Withdrawal: How to Withdraw Bonus Funds

  1. Terms and Conditions: Before opting for any bonus offer, the bookmaker strongly advises you to carefully read and understand the Terms and Conditions associated with each promotion. These terms outline the specific requirements and rules for withdrawing bonus funds.
  2. Wagering Requirements: You will usually need to meet specific wagering requirements to withdraw the bonus money. These requirements may include the following:
  • The validity period refers to the timeframe for utilising the bonus and fulfilling the wagering requirements. It starts from the moment the bonus offer is activated.
  • Multiplier Number: The multiplier number indicates the number of times you need to wager the bonus amount. For example, if the multiplier is 5x, you must bet the bonus amount five times before being eligible for withdrawal.
  • Contributing Bets: Some promotions may require bets on specific formats, events, or tournaments. These contributing bets are specified in the terms and conditions. Make sure to adhere to the requirements regarding the eligible bets.

  1. Access the "Finances" Section: Navigate to the "Finances" section on the Parimatch platform. Click the prominent green button labelled "Withdraw" on the mobile web version.
  2. Select a Payment Method: In the "Withdraw" section, you will see a list of available payment services. Choose the payment method that best suits your needs and preferences. Popular options include Flutterwave and other trusted payment methods in Nigeria.
  3. Follow Payment Instructions: You will be guided through specific instructions depending on the selected payment method. Follow these instructions to input the withdrawal amount, provide any necessary payment details, and confirm your withdrawal request.
  4. Click "Withdraw": After inputting the required information, click the "Withdraw" button to initiate the withdrawal process.

FAQ

How long does a Parimatch withdrawal usually take?

Parimatch withdrawal times typically take a couple of seconds. However, the withdrawal time may vary depending on the payment method, internet connection status, and individual account circumstances. For example, a Bank Transfer option may take up to 11 hours. If you experience a delay of more than 24 hours, it is advisable to contact Parimatch customer support.

What should I do if my Parimatch withdrawal has been pending for a long time?

If your Parimatch withdrawal is pending for an extended period, contacting the Parimatch customer support team is recommended. They are available 24/7 and can assist you with any issues or concerns regarding withdrawals from your account.

I'm facing an issue with my Parimatch withdrawal. What steps should I take?

If you encounter any issues with your Parimatch withdrawal, try to find relevant information in Parimatch's frequently asked questions section. You should contact the customer support team if you are still looking for an answer. They are available around the clock and can assist via email, phone, Telegram chat, or Whatsapp.

Can I cancel my Parimatch withdrawal?

You can cancel a Parimatch withdrawal if it is still pending. However, you cannot cancel the withdrawal once the funds have been transferred to your wallet or bank account. In that case, you can deposit the money again if needed.

What should I do if my withdrawal requests from Parimatch are repeatedly rejected?

If your withdrawal requests are consistently rejected, ensure your account is verified. If your account is already verified, but you still experience rejections, consider the following possibilities: check for any technical issues, verify if your welcome bonus requirements are fulfilled, ensure you have utilised at least 70% of your deposit, or confirm that the chosen payment system is not temporarily unavailable. If you continue to encounter issues, contacting Parimatch customer service is recommended.

What should I do if the payment system I need is unavailable for withdrawal on Parimatch?

If your preferred payment method is unavailable for an extended period, it is best to contact Parimatch customer service. Their expert team, available 24/7, can assist you with any issues related to withdrawing or depositing money into your account.

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