Despite being one of the latest betting platforms in Nigeria, Paripesa withdrawals are reliable and convenient for all players. Paripesa started offering its world-class gaming and payment options to Nigerian players in 2019. The sportsbook operates under gaming licenses issued to MediaMart Entertainment Limited by the National Lottery Regulatory Commission and Oyo State Gaming Board. This guide covers a detailed overview of how to withdraw from PariPesa, the rules of making your withdrawal and the possible challenges of PariPesa withdrawals.
How to make a withdrawal from Paripesa?
Making Paripesa withdrawals includes a series of short simple steps that allow the player to make seamless withdrawals. Let’s take a look at how to withdraw from Paripesa:
- Create or log into your Paripesa account
- Click the orange “Dollar” $ sign for payment
- Select “Withdraw Funds” in the sidebar
- Select a convenient payment option: Banking Transfer, e-wallet, and Internet banking.
- Fill the withdrawal amount, Account number, and your full name.
- Select confirm and wait for payment notification.
What are the Withdrawal methods at Paripesa Nigeria?
As a modern betting site, Paripesa allows players to get their payout through digital banking options. Paripesa withdrawal methods include internet banking, e-wallet, and banking transfer options. The internet banking and bank transfer options at Paripesa also include transfers from the popular banks in Nigeria. We have reviewed these banking options and other payment methods this table below:
| Withdrawal Method | Minimum Payout | Maximum Payout | Transaction Fees | Processing Time |
| OPay | ₦550 | ₦750,000 | None | Up to 15 minutes |
| Access Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Polaris Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| CitiBank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Providus Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| EcoBank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| First Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Globus Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Heritage Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Keystone Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Guaranty Trust Bank (GTB) | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Stanbic IBTC Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Titan Trust Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| United Bank for Africa (UBA) | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
| Union Bank | ₦550 | ₦750,000 | ₦50 | Up to 15 minutes |
What are Paripesa withdrawal rules?
Paripesa withdrawals are available on request and payout are usually available within 15 minutes of the request. However, getting these payout from your Paripesa account requires you to follow the rules and conditions stated in the betting site.
Firstly, the Paripesa withdrawal limit is between ₦550 and ₦750,000 across all payment options. Paripesa does not provide any limit on the number of deposits a player can make daily, but reserves the right to reject a withdrawal request.
Paripesa also allows players to make their withdrawal request as soon as they have verified their phone numbers and email address. The sportsbook does not regulate the player’s account number or banking details before approving withdrawal. It is important to note that you can only make withdrawals using the same payment details as when you made your deposit. However, when you attempt to make withdrawal using a different payment method, the sportsbook requires the withdrawal request to be the same as your Paripesa account name.
Potential issues with withdrawing at Paripesa
Payouts at Paripesa are heavily regulated by the Nigerian Lottery Regulatory Commission and the Oyo State Gaming Board. All payments are also subject to banking regulations and guidelines from the Central Bank of Nigeria. These regulations require Paripesa to institute anti-money laundry and anti-fraud policies that may affect your withdrawals. Some challenges with Paripesa withdrawals may come from the following:
- Incomplete Verification: Paripesa has a simple verification system, but will not approve any withdrawal request until you have verified your email, phone number, and residential address.
- Low Deposit Wager: Paripesal only approves withdrawal requests when you have wagered a 100% of your deposit on bets with at least 1:1 odds. Not meeting this quote reduces the amount you can get as payout.
- Flaunting Sportsbook Rules: Aside from the Paripesa payment rules, the sportsbook has other rules guiding how you place bets and interact with the site. Not complying with these rules may affect your withdrawals or even disqualify you from the game.
FAQ
How long does it take to withdraw money from PariPesa?
You can get your payout within 15 minutes of making your requests. The time may be shorter depending on the payment option.
What verification and documents are required to withdraw from PariPesa?
You can complete your Paripesa withdrawal as soon as you verify your identity using your phone number and email address. The betting site also requires you to verify your residential address by uploading your utility bills and an identity card.
Is there cashout on Paripesa?
Unfortunately, Paripesa does not allow cash out during games. You can only get a payout when you win a game.
How much is the withdrawal fee for Paripesa?
Paripesa NG offers withdrawals mostly to bank accounts, and the fee is at least ₦50. This fee can be higher depending on the amount you withdraw.