When it comes to online sports betting in the USA, there is much more to consider than just the payment option. The very best online sportsbooks will integrate safe processing platforms such as PayNearMe, which allow patrons to make seamless transactions with cash or any digital payment method they prefer.
As such, let’s walk you through the best PayNearMe betting sites and how operators use this payment processor to facilitate secure deposits and withdrawals.
We always do our due diligence when reviewing betting sites that accept PayNearMe, so you can find world-class sports betting sites that guarantee a flawless experience. Here is a short overview of the filtering process we apply for each online sportsbook:
License and security: An official license is a must for the operator to offer their services to US bettors. In addition to the license, you can expect all our recommended betting sites to safeguard your sensitive data with advanced encryption protocols.
Payment methods: PayNearMe is a payment processing system that operators use to facilitate safe payments. We examine the list of available options and transaction limits for bettors.
Innovation and new features: New features such as mobile bonuses, better cashback deals, low wagering requirements, and specialty games are always welcome. In our experts’ eyes, innovative sportsbooks will always have the edge.
Loyalty perks: Nowadays, it is easy for bettors to simply switch operators if they feel like they don’t get enough in return for their loyalty. Therefore, we put our emphasis on operators with extensive and rewarding loyalty schemes.
Pros and Cons of Using PayNearMe for Online Betting
PayNearMe offers an abundance of benefits for both bettors and operators, but there is no such thing as perfection in the world. Of course, making deposits using PayNearMe comes with some minor downsides as well.
Pros
Unmatched security
Allows usage of various payment methods
No need to have a PayNearMe account
Direct cash payments are possible
Cons
Certain fees apply
Low maximum deposit
Key Features of PayNearMe
PayNearMe is a stellar payment processing system that ensures users rely on various payment options from any location and time. Below are some of its key features:
Cash payments: Those who don’t want to use any digital payment system can use cash at physical stores that support PayNearMe.
Unified solutions: Regardless of whether you prefer traditional methods like cards and ACH or digital wallets like PayPal, Venmo, and Apple Pay, PayNearMe has you well-stocked with options.
Ultimate security: PayNearMe basically plays a middleman role between bettors and sportsbooks. Therefore, your financial information is never shared. Also, having a centralized payment system adds another layer of security for PayNearMe betting sites.
Additional support: In addition to the sportsbook’s own support, PayNearMe provides its own customer support service as well regarding payments.
Disconnected payment systems present challenges to ensuring all privacy and data handling regulations in the online betting world. Multiple processing systems also make it difficult to safeguard every platform against a cyberattack, which is a worry PayNearMe betting sites simply don’t have.
All in all, PayNearMe allows online betting sites to offer diverse payments on a single platform, which benefits both bettors and operators.
Description
Details
Type of payment method
Payment processing system
Minimum deposit detected
$10
Maximum deposit detected
$500 daily
Minimum withdrawal limit
$20
Maximum withdrawal limit
$6,000 monthly (adjustable)
Withdrawal time
1-5 days
Sportsbook coverage
–
How to Set Up PayNearMe
Since PayNearMe is a payment processing system, there is no need for you to create a separate account to use it for direct cash deposits on betting sites.
However, if you wish to make betting transactions completely online, you will need to use the PayNearMe mobile app. It is integrated with credit/debit cards, bank accounts, and digital wallets like Apple Pay and Google Pay. All you need to do is add your preferred payment method to the app.
Depositing on Betting Sites with PayNearMe
Now that you know the inside-out of how gambling sites that accept PayNearMe deposits work, it is time to get into the real action. This requires topping up your sportsbook account by following the usual steps:
Choose a payment method: You first need to log in to your sportsbook account and head to the Cashier section. There, you will see the payment methods PayNearMe supports, so select your preferred one.
Enter the deposit amount: Note that every betting site has different minimum and maximum deposit limits. You can find the transaction limits even before registering by reading through the site’s general terms and conditions.
Fill out the payment method details: Card deposits will ask you for your card details, while e-wallets may only ask you for your email address, after which you need to confirm the transaction using the barcode via your smartphone.
For cash payments: Save the barcode provided if you want to use the direct cash option. Then, you can head to an authorized retail location to deposit cash.
Withdrawals on Betting Sites with PayNearMe
Withdrawing at PayNearMe online betting operators is a walk in the park, so even newbies won’t struggle to grasp the basics. Of course, the exact withdrawal procedure will vary depending on the method you choose, but here is a general overview of the process:
Choose PayNearMe: Head to the cashier section of your sportsbook and select PayNearMe. Note that betting sites usually only allow withdrawals using the same method you’ve used for deposits.
Enter the amount: Once again, make sure to respect the operator’s minimum and maximum withdrawal limits. Furthermore, if you have used any bonuses, you must complete the wagering requirements before withdrawing.
Insert the payment method details: As was the case with deposits, the necessary details here will vary depending on the payment method you use within PayNearMe. Enter the necessary details and confirm via your smartphone.
For direct cash: Again, if you prefer to withdraw in cash, save the barcode given. Then, visit a store that offers PayNearMe. There, you can get your funds directly in cash.
Please note that US betting sites require identity verification before first withdrawals. Send over the necessary documents that prove your ID and let the operator review them before approving your withdrawal request.
PayNearMe Security Features
PayNearMe takes safety very seriously and implements comprehensive security and privacy assessments through several third parties.
For example, the processing company completes a PCI DSS assessment with a Quality Security Assessor. The audit company reviews the entire PayNearMe infrastructure, resulting in the company getting an Attestation of Compliance issued by the QSA itself; this process is completed every year.
Besides these robust security measures, PayNearMe integrates only trusted payment methods into its platform, such as debit/credit cards, ACH, Apple Pay, Google Pay, PayPal, and Venmo, just to name a few.
These payment options also implement vigorous security features such as 2FA, KYC, and one-time codes for each payment. Therefore, you can rest assured that no unwanted third party can ever obtain your financial data.
Description
Details
Security features
2FA, one-time codes
Account registration required
Not required for cash payments
KYC
Yes (with all reputable payment options under the PayNearMe umbrella)
External integration
Yes
Mobile Experience of PayNearMe
PayNearMe allows you to use a set of mobile payment methods, so you can easily make mobile deposits and withdrawals from any location through your smartphone. The most distinguished ones that are widely used among US bettors include:
Apple Pay
Google Pay
Venmo
PayPal
PayNearMe’s mobile platform also provides instant notifications on all transactions. This makes it quick and easy to track everything without the need for additional checking.
Description
Details
Approve transactions with biometrics
Yes
FaceID compatibility
Yes
Seamless 2FA check
Yes
Multi-Option and Smooth Sports Betting Transactions
You can clearly see that PayNearMe online betting sites provide reliable and secure payments for all US bettors. This is one of the most complete payment processing networks in the US, and it is no coincidence that the number of operators accepting it has risen each year.
Even though there are still a few online betting sites that accept PayNearMe, we have carefully researched and graded the existing ones and have listed them all here. All you have to do is compare them and choose one that fits your preferences.
Yes, they are. PayNearMe is integrated into all top-class sportsbooks in the USA, and we have exclusively ranked them all here. Regardless of the operator you choose from our list, you can expect top-notch security features protecting the user data.
PayNearMe is a company that provides operators with a single platform where they can integrate various payment methods. It also offers the possibility of direct cash payments through retail locations.
PayNearMe supports a wide variety of payment methods in the US, including credit/debit cards, PayPal, Venmo, Apple Pay, and Google Pay.
Yes, PayNearMe typically charges a small fee for transactions, ranging from $1.99 to $5.99, depending on the sportsbook and the deposit amount. Make sure to check with your betting site for the exact fee.
You don’t need a PayNearMe account to make transactions with cash at a retail location. However, if you plan to use digital payment methods linked to PayNearMe, you will need to connect it to your credit/debit card, bank account, or e-wallet.
Most PayNearMe deposits are processed instantly or within 15 minutes of making the payment. This makes it a quick and convenient option for adding funds to your betting account.
Yes, it can be used for both deposits and withdrawals, though not all betting sites support withdrawals through PayNearMe. In fact, some sportsbooks partner with PayNearMe’s ATM cash withdrawal service, which allows you to withdraw money without needing a debit card.
PayNearMe doesn’t particularly limit the number of transactions you can make. However, sportsbooks may impose certain deposit and withdrawal limits. The default daily deposit limit with PayNearMe is often $500, and it’s best to verify with your betting site for any additional restrictions.
