We put Parimatch's withdrawal time to the test, withdrawing the minimum amount of £5 with a Visa debit card. Seeing as Paypal isn't available, punters must rely on the Visa Direct feature for fast withdrawals but our result was a bit disappointing.
Indeed, we had to wait 19 hours for the money, whereas other bookies usually take a few hours with the same method. Parimatch has some work to do on this front, in other words, even if the money arrived within 24 hours as promised.
Operated by the BetVictor group under a white-label solution, Parimatch has quickly established itself as one of the best bookies in the UK, also attracting punters through various football sponsorships. However, when it comes to withdrawals, Parimatch lags behind the competition as the site is unable to provide fast withdrawals for some punters.
Below, we have collected the key information about withdrawals at Parimatch, such as the payment methods available and the withdrawal time for each. Some will indeed be very disappointed that PayPal - which is accepted by many bookmakers - is missing from the list as things stand.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £5 | £30,000 (£2,500 with Visa Direct) | No Fees | 19 hours in our test |
Mastercard | £5 | £30,000 | No Fees | 2-5 business days |
Apple Pay | £5 | £50,000 | No Fees | 1-3 business days |
Bank Transfer | Not Specified | Not Specified | No Fees | 2-5 business days |
Having accepted PayPal as a payment method in the past, as of March 2024, BV Gaming and Parimatch no longer accept PayPal as an option for deposits or withdrawals. We were initially informed by customer support that it was removed due to a 'technical error', with a fix on the cards, but it was then removed permanently.
The fastest way to withdraw winnings from Parimatch is by using Visa Direct, with our test confirming it takes around 19 hours. However, not everyone will be able to make use of this feature, only supported by selected banks. Not to mention that not everyone has a Visa debit card, so this being the only fast withdrawal method at Parimatch is certainly a huge downside.
Most bookies tend to accept at least one e-wallet, if not PayPal then an option such as Skrill, but Parimatch is severely behind the competition. As explained above, PayPal is currently not offered on the site and it remains to be seen for how long that will be the case. This also means that the second-best option behind Visa Direct is either Apple Pay or a debit card, which will take 1-3 business days.
The minimum withdrawal amounts are at least low at £5, but the betting site clearly has a lot of work to do on the withdrawal front to please most UK punters.
If you are unfamiliar with the withdrawal process at Parimatch, you can follow our step-by-step guide below:
After opening the Parimatch app or the website, tap on the ‘Profile’ icon in the top right corner of the home screen. However, instead of choosing ‘Deposit’ in the menu, select the ‘Withdraw’ option and you will be brought to the withdrawal cashier. For clarity, we tested the process on the Parimatch app.
Parimatch will offer you three different methods for withdrawing funds, but you have to withdraw at least the deposit amount to the same method before you can choose another one. Therefore, we chose Visa once again and as mentioned, Visa Direct is supported by Parimatch.
Finally, you need to enter your withdrawal amount. In our test, we opted to withdraw the minimum amount of £5. Following this, tap the green ‘Withdraw’ button at the bottom of the screen and you will be brought to a confirmation page.
Once this has been done, you will be taken to a confirmation screen, which states that the withdrawal has been successful. However, there is no indication of how long it takes for the money to reach your account, but in our test, it took around 19 hours.
While the selection of payment methods might be scarce, BV Gaming has at least made sure that its sites have good terms for those available. Indeed, the minimum withdrawal amount for all methods at Parimatch is just £5, meaning punters will not have to make much in winnings to be able to withdraw funds. The same low minimum amount is also in place for Parimatch deposits.
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Isak is an experienced content writer with a background in sports journalism. Having focused mainly on football in the past, he certainly knows a thing or two about the betting industry. At BettingLounge, Isak makes sure that all of the content is up to date, specialising in reviews of UK betting sites.