How to deposit on Luno
- Our rating
- 4.0
- Rails
- 9
- Countries
- 5
- Review updated
- 2026-08-12
Know before you deposit
Luno takes 9 payment rails across the 5 countries we rank it in. The widest: Local bank transfer (4 countries), Credit or debit card (4 countries), DuitNow (1 country).
Every rail, by how far it reaches
Counted from our country guides: a rail is listed here only where at least one country we rank Luno in carries it. Each rail opens its own page with the exact countries.
Domestic bank rail
| Rail | Countries | Speed |
|---|---|---|
| Local bank transfer | 4Indonesia, Malaysia, Nigeria +1 | Instant rails settle in seconds, and the ECB requires euro instant credit transfers to reach the payee within ten seconds, 24 hours a day, 365 days a year, while older batch transfers still take one or two business days. |
| DuitNow | 1Malaysia | Instant and available around the clock: the funds land in the recipient account within seconds of you confirming the transfer. |
| FPX online banking | 1Malaysia | Real time: the account is debited and the merchant gets its confirmation while you are still on the payment page. |
| Instant EFT | 1South Africa | Confirmation reaches the recipient within seconds of you approving the payment, while Ozow says the money itself reflects in the recipient's account the same day or under standard interbank EFT rules. |
| PesaLink | 1Kenya | Transfers settle in real time on a service that runs 24 hours a day, seven days a week, with Bank of Africa Kenya quoting a maximum of 45 seconds per transaction. |
Card
| Rail | Countries | Speed |
|---|---|---|
| Credit or debit card | 4Kenya, Malaysia, Nigeria +1 | Authorisation is real time, so a card deposit normally lands within seconds and rarely takes more than a few minutes. |
Mobile money
| Rail | Countries | Speed |
|---|---|---|
| Airtel Money | 1Kenya | Wallet to wallet transfers clear in seconds, so the real wait is getting to an agent to deposit the cash. |
| M-Pesa | 1Kenya | Wallet to wallet and paybill payments confirm by SMS within seconds of the PIN prompt, at any hour of the day. |
| Mobile money | 1Nigeria | Transfers inside a single wallet network land in seconds, while sending across networks or out to a bank account can take longer and is not offered everywhere. |
As published by Luno: Local bank transfer, Debit and credit cards, Mobile money (varies by market).
Frequently asked questions
What payment methods does Luno accept?
9 rails across the countries we rank it in: Local bank transfer, Credit or debit card, DuitNow, FPX online banking, Instant EFT, PesaLink, Airtel Money, M-Pesa and Mobile money. Which of them you can use depends on your country; each rail below lists exactly where it is offered.
Can I deposit by bank transfer on Luno?
Yes. Local bank transfer, DuitNow, FPX online banking, Instant EFT and PesaLink are on our record for Luno, covering 5 countries between them.
Can I pay by card on Luno?
Yes. Credit or debit card is offered in 4 countries we rank Luno in. Local deposit methods and costs vary by market; bank transfers are typically low cost.
Does Luno take mobile money or e-wallets?
Yes: Airtel Money, M-Pesa and Mobile money, in 2 countries. These are local rails, so each one is offered only where the wallet itself operates.