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Payment Methods Hub

There are numerous payment methods available to Smarkets customers. Select your market/jurisdiction below to view processing times, limits, and step-by-step instructions for your region.

πŸ‡¬πŸ‡§ Payment Methods for United Kingdom (UKGC)

Payment Method Currency Payment Type Deposits Withdrawals Actions
Open Bank Transfer GBP (Β£)
EUR (€)
Bank transfer Instant
Β£/€ 10 - 10,000
6 Hours
Β£/€ 10 - 100,000
View Details

πŸ“₯ How to Deposit:

  1. Click on the Deposit icon on the top right.
  2. Select Open Bank Transfer from the payment options list.
  3. Enter your deposit amount and click Continue.
  4. Approve the transaction via your banking app to complete payment.

Withdrawal Note: Withdrawals will be received in your bank account instantly after the processing time.

Debit Card (Visa/MC) GBP (Β£)
EUR (€)
Debit card Instant
Β£/€ 10 - 15,000
6 Hours
Β£/€ 10 - 10,000
View Details

πŸ“₯ How to Deposit:

  1. Click Deposit on the top right.
  2. Select Debit Card from the list.
  3. Enter your card details and deposit amount, then click Continue.

Withdrawal Note: Withdrawals will be received in your bank account within 1-6 business days.

⚠️ UKGC Compliance Notice: Credit cards are strictly prohibited. Only UK Debit Cards are accepted.

Apple Pay GBP (Β£)
EUR (€)
eWallet Instant
Β£/€ 10 - 15,000
6 Hours
Β£/€ 10 - 10,000
View Details

πŸ“₯ How to Deposit:

  1. Click Deposit on the top right using an iOS device.
  2. Select Apple Pay and enter your deposit amount.
  3. Authenticate payment using Touch ID, Face ID, or passcode.

πŸ’‘ Checking Virtual Card Digits vs. Physical Card: For security, Apple Pay creates a Virtual Device Account Number (DPAN) that differs from your physical card digits. To check this on your iOS device: Open Wallet App βž” Select Card βž” Tap Card Details βž” View Device Account Number (last 4 digits).

Withdrawal Note: Withdrawals will be received in your bank account within 1-6 business days.

Google Pay GBP (Β£)
EUR (€)
eWallet Instant
Β£/€ 10 - 15,000
6 Hours
Β£/€ 10 - 10,000
View Details

πŸ“₯ How to Deposit:

  1. Click Deposit on the top right.
  2. Select Google Pay, enter your amount, and click Continue.
  3. Authenticate via your Google account popup.

πŸ’‘ Checking Virtual Card Digits vs. Physical Card: For security, Google Pay creates a Virtual Account Number (DAN) that differs from your physical card digits. To check this on your device: Open Google Wallet App βž” Tap your Card βž” Scroll down to Virtual Account Number (last 4 digits).

Withdrawal Note: Withdrawals will be received in your bank account within 1-6 business days.

Trustly GBP (Β£)
EUR (€)
Bank transfer Instant
Β£/€ 10 - 100,000
6 Hours
Β£/€ 10 - 100,000
View Details

πŸ“₯ How to Deposit:

  1. Click Deposit on the top right.
  2. Select Trustly, enter your target amount, and click Continue.
  3. Authenticate through your online bank portal.

Withdrawal Note: Withdrawals will be received in your bank account within 1-6 business days.

PayPal GBP (Β£) only eWallet Instant
Β£25 - Β£250
6 Hours
Β£10 - Β£5,500
View Details

πŸ“₯ How to Deposit:

  1. Click Deposit on the top right.
  2. Select PayPal, enter amount, and click Continue.
  3. Authorize payment in the PayPal popup screen.

The maximum daily deposit limit for PayPal is now Β£250, as confirmed on our help centre here: https://smrkts.co/2YaMCMG

Withdrawal Note: Withdrawals will be received in your bank account within 1-6 business days.

Bank Transfer GBP (Β£)
EUR (€)
Bank transfer N/A (Withdrawal Only) 5-10 days
Β£/€ 10 - 100,000
View Details

Withdrawal Note: Withdrawals will be received in your bank account within 5-10 business days.


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