Many bettors gravitate to payment options like PayNearMe simply because they do not need to share any credit card or banking information. This makes it an ideal payment option to use each time you wish to transact on your sportsbook account.

In addition to it being a popular cash-based deposit method, it’s also secure, fast, and straightforward. For a comprehensive look into PayNearMe betting sites in Wisconsin, continue reading.

How PayNearMe works

Launched in 2009 as Kwedit, PayNearMe is an established payment option now supported by sites offering legal sports betting, horse racing, online casino gambling, poker, and state lotteries. Thankfully, the rebranding from Kwedit to PayNearMe has transformed the payment option into a convenient and secure method that bettors can use to transfer funds.

Unlike some payment options, you don’t need a plastic card or bank account if you want to transact on your sportsbook account using PayNearMe. Most PayNearMe users turn to the service provider when they’re looking to settle their bills but can’t or won’t use another payment option. However, when it comes to bettors, PayNearMe is a convenient payment option that helps them avoid the need to share their financial details with a third party.

How to deposit with PayNearMe on betting sites in Wisconsin

When you want to fund your WI betting account using PayNearMe, it’s worth noting that you aren’t able to go through the transaction process entirely online. But despite this downside, its deposit processes are simple to follow, and in just seven easy steps, you can fund your account while enjoying the perks that come with using PayNearMe.

  1. Select a betting site in Wisconsin that accepts PayNearMe – Ensure the betting site you’re choosing offers PayNearMe services. Avoid assumptions and double-check this before jumping to register with the site.
  2. Create an account and head to the deposit page – After finding a betting site that offers PayNearMe, create an account with the sportsbook. Usually, this takes only a few minutes to do with hassle-free approval if everything checks out after submitting your details. Sign in to your account and head to the deposit page through the cashier section. The cashier section of your account will address everything relating to your account’s transactions. Therefore, select “Deposit” so you can access the deposit page.
  3. Choose PayNearMe as your payment method and input the amount you want to deposit – On the deposit page, you’ll find a list of all the payment options offered by the sportsbook. Choose PayNearMe as your payment method of choice. Enter the amount that you would like to deposit. You will then be redirected to a PayNearMe site.
  4. You will be given a slip – On the PayNearMe page, you will receive a slip. The sportsbook will send this to you via email or text to your phone. This is the only generated proof that you’ll have for your deposit request since it’ll have a unique barcode that you’ll use to help identify your account.
  5. Take the slip to the nearest PayNearMe vendor – Visit your nearest land-based retail outlet that offers PayNearMe facilities. This includes outlets like CVS Pharmacy, 7-Eleven, and Family Dollar. At this point, you must have your slip with you; otherwise, you won’t be able to complete the transaction. In this case, familiarizing yourself with PayNearMe’s platform information is in your best interests. This is so you know what to do if you lose your PayCode.
  6. Hand them the slip and pay – Get to a cashier and present them with your slip. Pay for the transaction using cash. It’s worth noting that the payment option has a minimum and maximum limit for its deposits.
  7. The money will be added to the betting account immediately – The cashier will process your request and issue you a receipt as proof of payment. Like most payment methods, the deposit will be instant. At most, you can expect to wait no more than 15 minutes. Head back home and confirm the payment with your sportsbook. After seeing an update with your balance, go to your sportsbook library and begin wagering.

How to withdraw with PayNearMe from a WI sportsbook

Thanks to PayNearMe’s recently developed feature moneyline, sports betting apps in WI can process withdrawals easier. If you find a betting site processing withdrawals via PayNearMe, you can expect to facilitate the payout in four simple steps.

  1. Go to the cashier section of the WI sportsbook – Sign in to your betting account. To facilitate the withdrawal, you must visit your account’s cashier section.
  2. Click “Request a Withdrawal” – Among the various options you’ll have relating to transactions on your account, select “Request a withdrawal.” When you choose PayNearMe as your withdrawal method, you must provide your phone number and enter the amount you wish to cash out. Submit the details.
  3. You will receive a PIN code to your phone – Once the sportsbook processes the request, you will receive a text message. This text message will have a four-digit code and additional information concerning the time you have to withdraw the funds.
  4. Visit the ATM and get your cash – At the ATM, follow the on-screen instructions by providing your cellphone number, the four-digit code, and the amount you intend to withdraw. Should all your details be correct, the ATM will release the funds, and you’ll receive your winnings.

Pros of using PayNearMe on Wisconsin betting apps

PayNearMe is an ideal payment option for online casinos in WI for several reasons that appeal to a bettor’s needs and preferences. Here are key points worth highlighting about the service provider.

  • Keeps your information private – Bettors that aren’t looking to provide their card details to maintain their privacy can use alternative payment options like PayNearMe. This means bettors can continue funding and withdrawing funds from their betting accounts securely and conveniently.
  • You can use cash to deposit – Since PayNearMe is cash-based, bettors can use cash to make their deposits. The service provider also accepts Google pay and Apple wallet. However, not having to link any of your financial accounts or details to the process is beneficial to many players.
  • You can keep better control of your betting – PayNearMe offers the advantage of making it easier for bettors to keep their spending under control. In addition to this, PayNearMe deposits have minimum and maximum limits. Within 24 hours, bettors can make a minimum deposit of $10, while maximum deposits can go up to $500.
  • Available 24/7 – One of the unique selling points of using PayNearMe is that it prides itself on offering smarter cash payments. This means it can accept convenient and secure cash payments 24/7 at more than 40,000 participating store locations.

Cons of using PayNearMe betting sites in WI

PayNearMe has a lot to offer bettors in benefits; however, there are drawbacks worth noting. Here are the main highlights worth keeping in mind.

  • You need to visit a PayNearMe location – All PayNearMe deposits don’t offer the convenience of simply inputting your card details or initiating an online bank transfer in the comfort of your home. You’ll have to go out of your way to visit an outlet to complete the deposit process.
  • Moderate fees – In a few cases, PayNearMe deposits will be free. However, they often come with a moderate fee. This will seem insignificant for some bettors; however, those initiating smaller deposits may find this a disadvantage.

Alternatives to using PayNearMe on Wisconsin betting sites

PayNearMe thrives in the area of being a worthy deposit option. However, its withdrawal services are still making their way on Wisconsin sportsbooks since its MoneyLine feature is recent. For this reason, here are three alternatives worth considering.

  • Sportsbooks that accept Mastercard in Wisconsin – On top of being popular, MasterCard is a reputable payment option that’s fast, safe, and convenient. It’s simple to use, offers various card types to suit individual customer preferences, and is ideal when claiming sportsbook bonuses.
  • Sportsbooks that accept Neteller in Wisconsin – Wisconsin offers an abundance of betting sites that accept Neteller. It’s an e-wallet service provider that offers affordable fees, secure experiences, and speedy transactions.
  • Sportsbooks that accept Skrill in Wisconsin – This popular payment option offers standard and advanced e-wallet services. Skrill is known for providing several advantages, but it’s an ideal payment option for bettors struggling to link their cards to their sportsbook accounts.

FAQ

Do all betting sites in WI accept PayNearMe?

No. Unfortunately, not all betting sites in Wisconsin will offer their players PayNearMe payment options. Betting sites differ in many aspects, including the payment options they will offer their customers. This means that some Wisconsin betting sites will offer PayNearMe, while others won't.

Are there fees when depositing using PayNearMe in Wisconsin?

Yes, bettors will likely find fees associated with PayNearMe deposits in Wisconsin. This fee will depend on which outlet you're using and the amount you're depositing, and it can range between $1.99 and $5.99 for each transaction. Players can expect the standard transaction fee to be $1.99, as roughly 70% of sportsbooks charge this fee.

Is PayNearMe safe for online sports betting in Wisconsin?

Yes, it is safe to use PayNearMe for online sports betting in Wisconsin. This is because the PayNearMe brand alone prides itself on being a modern and reliable payment platform that's safe and secure for bettors. When it comes to PayNearMe partnerships with Wisconsin sportsbooks, the service provider assures bettors that it only has relationships with betting sites that are licensed and regulated.