Why is my payid withdrawal still pending??
ok so i requested a payid withdrawal like 2 days ago and its still sitting there as pending. ive used payid for normal bank stuff and its instant so im confused why a casino one is taking this long. is this normal or am i getting stiffed? first time cashing out anything decent (~$650) so im a bit on edge ngl
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11 answers
Top Answer
yeah dont stress too much, the payid part itself is instant but the casino has to APPROVE the withdrawal first before it even gets sent. thats the bit thats sitting in pending. usually its a manual review especially on bigger amounts or first cashouts. when i started i had the exact same panic. now i use Boomerang and they clear withdrawals same day mostly, but i made sure my ID was fully verified beforehand which speeds it up heaps. did you complete your KYC? thats usually what holds it up
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can confirm. mine sat pending for like 36 hrs the first time then once they verified me everything after that was basically instant. its always the first one thats slow
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wait what exactly is KYC tho? i keep seeing it mentioned everywhere
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know your customer mate. basically they make you upload your licence or passport + sometimes a utility bill or bank statement to prove youre actually you and not laundering cash. annoying but standard. get it done early so its out of the way before you withdraw
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does the pending status mean the money already left your casino balance? or is it still kinda in limbo
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yeah it dropped out of my balance straight away so its just floating somewhere lol. been told thats normal
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idk man 2 days for a payid withdrawal sounds dodgy to me. payid is meant to be instant the whole point of it. starting to think some of these places just sit on your money hoping youll cancel and gamble it back
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nah thats not really it. the instant part is the bank transfer rail, not the approval. the casino reviews payouts manually for fraud/responsible gambling checks. ive cashed out heaps of times and never had one cancelled on me. the reverse withdrawal thing is real on some sites tho so id agree to be careful which one you pick
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fwiw most aussie facing sites process during business hours only, so if you requested on a fri arvo or weekend it can just sit until monday. nothing sinister, just no one in the office approving them
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to add to that the actual payid transfer once approved usually lands within minutes to an hour. so 99% of the wait time is the approval queue not the transfer itself. weekends and public holidays drag it out
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same boat as you a while back and it cleared on day 3 no dramas, refunded my anxiety lol. once your docs are verified its smooth sailing after that. patience for the first one and youre golden
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