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How to Fund Merrybet Account: Money Deposit Options

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How to Deposit Money to Merrybet: Guide on Account Funding

A regular punter in Nigeria would have come across Merrybet as it continues to be one of the top betting sites in Nigeria. Established in 2013, the betting site has successfully been a figure in the country’s betting industry. The online bookmaker is a legitimate place to wager as it is fully licensed and regulated by the Lagos State Lotteries Board.

Merrybet sportsbook  furnishes its clients with different techniques to support their accounts through their mobile site or the desktop version. It offers one of the best user interfaces in the Nigeria betting industry too.

“Merrybet provides their users different sorts of competition such as the punters league where you can win major cash prizes. Surprisingly, that’s not all: they offer a colossal jackpot where bettors predict a few sporting events and win prizes. The bettings site has a live betting option as well as a cash-out feature. All you need to enjoy all this is to just create an account and take part in the competition”, comments Dipo Lukman, a sports betting expert at Takebet Nigeria.

Let’s examine the different choices to deposit to the Merrybet account in this article!

What are deposit methods in Merrybet?

One special thing about Merrybet is they offer different options for funding their wallets. This set them truly apart from other betting sites in the industry. Bettors can either fund their wallets online or visit the nearest bank. Some of the options available are described below.

Instant Bank Transfer. This deposit strategy expects punters to go to specific banks suggested on the Merrybet store page. Customers ought to then demand a bank deposit slip and fill the deposit slip appropriately. The customer’s Merrybet account deposit will be acknowledged when their details are checked.

Pay direct Nigeria Deposit. This deposit strategy helps Merrybet customers to deposit money to their Merrybet account straightforwardly from their local banks. Customers ought to pay into Merrybet’s account on the Pay direct platform. Deposit into the customer’s Merrybet account will be finished when their deposit into the Pay direct account is effective and checked.

GlobalPay Deposit. This Merrybet deposit method expects clients to be signed into a Merrybet account and afterwards make a deposit with their credit card. This deposit technique must find success assuming the name on the credit card matches the name enlisted to the Merrybet account.

Quickteller ATM Nigeria Deposit. This is another Merrybet deposit strategy that expects customers to sign in on to quickteller.com/merrybet or by depositing a Quickteller on an ATM. The customer’s ID number and bank card are the prerequisites for this Merrybet deposit technique.

Bettors should insert their bank cards into the ATM and then provide their PIN.

  1. Put your card into an ATM and enter your pin
  2. Choose “Quickteller”
  3. Select pay bill and then press “Other.”
  4. Input your Customer ID and verify the recipient’s name.
  5. Click on “accept amount due”.
  6. Enter your phone number with which you’ll receive a confirmation message.
  7. Click on “proceed”. Your funds will enter your wallet and you can wager with it.

GTCollections Nigeria Deposit. This sort of Merrybet deposit strategy empowers Merrybet customers to deposit into their Merrybet account through GTBank’s Internet platform. GTBank’s web-based store strategy is likewise referred to as GTCollections. It is one of the astonishing features that was recently added to the Merrybet platform. It assists bettors with putting funds into their Merrybet account effortlessly. For this deposit method, a token device is required before transactions are finished.

Paystack Card Deposit. This deposit technique expects bettors to sign in to their Merrybet account and the amount they desire to deposit. The following page will take you to Paystack’s page where you can deposit to your Merrybet account. Input the expected information to finish the deposit process.

Paystack Bank Deposit. This Merrybet store technique expects bettors to pay to the Merrybet account on the Paystack stage. Punters ought to give fundamental identification details and the amount they would like to deposit to their Merrybet account. For security check, an OTP (One Time Password) will be sent to conclude the transaction.

Agent Deposit. This deposit method on the Merrybet platform expects clients to put aside instalments using a licensed Merrybet Agent. The procedure to follow is to go to any certified Merrybet agent and inform them that you might want to deposit to your Merrybet account. Furnish them with the necessary data and a few individual information will be required to confirm the transaction. In practically no time, the transaction will be finished and your Merrybet account will be credited.

Funding your wallet is a big step towards wagering on the betting site. Sadly, Merrybet does not offer any sign-up bonus so after funding your wallet you can just wager on your favourite sport. There are other competitions such as the Merrybet punters league. To take part in the competition, all you need to do is to place a stake with 200 NGN on an accumulator with three or more games and you stand a chance to win.

Do you need to finish KYC verification before funding?

Verification assists Merrybet with making a one-of-a-kind profile for each Merrybet client. Before clients can effectively set up their Merrybet account, a check strategy is taken to stay away from any type of misrepresentation. Any type of doubt of malignant movement will expose the client’s record to suspension.

The KYC (Know Your Computer) is another type of confirmation that is embraced to assure the security of Merrybet clients’ assets. This safety measure makes it simple for Merrybet to sort out any false movement.

For completion of your KYC, there is address verification and identity verification. The latter requires either a passport, an identification card or a driver’s licence. Address verification is also required which needs you to confirm your address of residence. You can either submit your bank statement or utility bill that’s not less than six months.

Are there terms and conditions when funding an account?

Yes, there are Terms and Conditions bettors must follow to deposit their funds easily. Some of the Terms and Conditions punters must follow include:

  • Punters should deposit cash to their Merrybet account before they can stake.
  • Punters can’t set aside instalments and make solicitations to pull them out.
  • Punters ought to guarantee they follow the prescribed deposit methods to try not to be defrauded.
  • Punters ought to guarantee that their security information is kept classified. Neither deposit details nor withdrawal data ought to be unveiled for any reason.
  • Clients are urged not to utilise any Automatic Password Memory to not uncover their security details from an outsider. Merrybet won’t be considered answerable for any type of abuse of data.

What are the commissions and timelines of deposits?

Deposits on the bookmaker are quite fast as it takes minutes for it to reflect. The Commission depends on the option you are using for your payment. For Quickteller transactions whether through ATM or online are mostly free although the minimum amount for transactions is 500 NGN.

Instant bank payout commission is mostly the transaction fee charged by the bank which can vary. Pay Direct on the other hand has a service charge of 100 NGN. Before making use of any of the options, make sure you go through their terms and conditions to see if they charge additional fees for deposition. Be smart and bet safe!

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Kaspersky Reveals Credential Abuse Techniques Rank as Attackers’ Most Effective Tactic

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According to a recent global report by Kaspersky Security Services, password guessing and valid account misuse rank among the most effective tactics used by cyber criminals in 2025.

This trend reflects a strategic shift, as attackers move away from triggering endpoint protection with noisy malware, in preference of leveraging legitimate access to evade detection.

The ‘Anatomy of a Cyber World’ is an in-depth global report based on data gathered from Kaspersky Managed Detection and Response (MDR), Incident Response (IR), Compromise Assessment and SOC Consulting in 2025. It covers the most common adversary techniques, tools and detection scenarios and highlights the peculiarities of detected incidents.

According to the report, a significant portion of the most frequently monitored attack techniques revolves around credentials and identity management. This analysis, which examines the conversion rates* of various Indicators of Attack (IoA), highlights the following prevalent malicious tactics:

Password guessing – 34.8%. This technique entails attackers systematically trying different passwords until successfully gaining access to an account. It tops the conversion list due to its occurrence in both actual attacks and authorised security assessments, making it a persistent threat in today’s cybersecurity landscape. Organisations who rely on weak or reused passwords continues to enable this age-old strategy.

Local account creation – 34.7%. Once inside a system, attackers frequently create new local accounts to maintain access even if their original foothold is discovered and removed. This technique is frequently observed during security exercises and can be detected — but only with the right telemetry in place, which is often lacking.

Valid account abuse – 34.5%. Instead of deploying malware, attackers log in using stolen or compromised credentials and simply blend in with normal user activity. This makes detection significantly harder, as the access itself appears legitimate. The high conversion rate underscores why compromised credentials remain one of the most dangerous attack vectors.

Account manipulation – 32%. Attackers modify existing accounts to consolidate access such as by activating disabled accounts, altering group memberships, or escalating privileges. This reinforces the broader pattern — rather than introducing new tools, adversaries deepen their control using what is already there.

Network service discovery – 31.2%. Before moving deeper into a network, attackers typically scan for open services and systems they can reach. This reconnaissance step is a strong predictor of what follows: lateral movement and further exploitation. Detecting it early provides security teams a critical window to intervene.

The report ranks attacker techniques by how frequently observed activity ultimately resulted in confirmed malicious incidents. According to Kaspersky experts, while MITRE ATT&CK® catalogs a vast number of adversary techniques, effective detection requires prioritising behaviours with the highest probability of malicious intent while avoiding excessive false positives.

“Threat actors do not always need sophisticated malware to achieve their objectives. In many cases, legitimate administrative tools and compromised accounts remain the fastest and most effective way to move inside an organisation while avoiding detection.

The continued popularity of these techniques shows that organisations need deep visibility into attacker behaviour and the ability to correlate suspicious activity across different stages of an attack.

To address these challenges, companies can enhance their security with our solutions: Kaspersky Managed Detection and Response and Incident Response which cover the entire incident management cycle – from threat detection to continuous protection and remediation,” comments Sergey Soldatov, Head of Security Operations Center at Kaspersky.


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INEC Probes Claims of Leaked Voter Data from CVR System

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Independent National Electoral Commission (INEC) has started looking into reports of unauthorized access to its Continuous Voter Registration (CVR) database, according to Mohammed Kudu Haruna, national commissioner and chairman of the Information and Voter Education Committee (IVEC),

INEC Probes Claims of Leaked Voter Data from CVR System

Haruna, in a statement on Tuesday said that was aware of the allegations spreading on social media and in some news outlets.

“The Independent National Electoral Commission is aware of rumors currently circulating on social media and in certain media about unauthorized access to the Commission’s Continuous Voter Registration  (CVR) database.

These claims include the publication of information about a candidate from recent political party primaries in the Federal Capital Territory.

“The Commission takes this allegation very seriously and has quickly begun a thorough investigation to find out what really happened,” the statement noted.

INEC clarified that during the ongoing nationwide CVR process, registered officers were given limited access to specific parts of the registration system.

This access helps them manage voter registrations, transfer requests, and updates to voter records.

The commission stated that access to the information is only allowed for official duties and is taken away once the task ends.

Haruna revealed that initial findings from the commission’s audit trail helped pinpoint the user account used to access the information.

“The audit trail from our early investigation has allowed us to find out which user account was involved. As a result, we’ve questioned relevant staff, and all departments related to this matter are fully cooperating with the investigation,” it mentioned.

The commission also said it is looking into all technical, administrative, and operational details of the situation to figure out who is responsible and whether any internal access-control rules were broken.

However, INEC reported that its early findings indicated there was no outside breach of its systems.

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“Our initial findings from the audit trail suggest that there was no external breach of the CVR database, no hacking incident, and no unauthorized outside access to our ICT systems.”

“Instead, the information in question was accessed using valid user credentials assigned to personnel involved in the ongoing CVR exercise but was released without proper authorization,” added the statement.

The commission emphasized that this incident involved retrieving a specific voter record and did not indicate any risk to the overall voter registration system or the personal data of over 90 million registered voters.

“The investigation is focused on the retrieval of a specific voter record and does not suggest any risk to the overall voter registration system or the personal data of over 90 million registered voters, according to the statement.

INEC emphasized that it is dedicated to safeguarding voter information and ensuring the integrity of its electoral systems.

“The Commission clearly states that it takes the security, privacy, and integrity of voter data very seriously. It remains committed to transparency, institutional integrity, and protecting voters’ personal details,” the statement noted.

The commission also announced that the Department of State Services has started its own investigation into this issue.

“Additionally, the Department of State Services has independently begun an investigation. The Commission will fully cooperate with all relevant security agencies and will not hesitate to take legal action against anyone found responsible,” the statement continued.

INEC encouraged the public and media to refrain from making assumptions while investigations are ongoing, promising that it will share its findings and any actions taken in due time.


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Firm Warns of Attackers Using Text Symbols to Form Malicious QR Codes

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QR codes embedded in emails have long been a tool for phishing and scams, and back in the second half of 2025 there was a fivefold surge in QR phishing attacks detected by Kaspersky.

Now Kaspersky researchers have identified a new phishing tactic in which attackers construct QR codes using text characters rather than traditional images. This method allows such malicious QR codes to bypass many email security solutions that rely on image scanning or link detection.

Early computers were incapable of rendering true graphics, and images on them were composed entirely of text characters. Historically this was done with symbols from the ASCII (American Standard Code for Information Interchange) character set, introduced in 1963. Images created using this technique were called ASCII graphics. Later other character sets (like Unicode) were also utilised to create images, but the term ASCII graphics remained.

In the 2000s, spam senders already used images built from text symbols. By using text-based graphics instead of embedded images, attackers tried to avoid detection mechanisms that analyse pictures for hidden URLs.

With ASCII graphics used to create QR codes, the phishing scheme follows a familiar pattern as with QR codes in images which Kaspersky described earlier. Victims receive an email allegedly coming from a business partner, claiming to include a confidential document for signature via DocuSign.

The message instructs the recipient to scan a QR code to access the document, leading to a fake website where corporate credentials are requested. With the QR code laid out in text characters, many protective solutions would fail to identify any suspicious links.

“We have previously seen phishers try to avoid link scanning by hiding URLs in images. Now they are attempting to evade image-based scanning by returning to text – this time to render a QR code. Any instance where a QR code prompts someone to enter corporate credentials on a mobile device should raise immediate suspicion.

When the QR code is formed using textual ASCII art, it is almost certainly a phishing attempt or a lure to a malicious URL. This trick has only one purpose: bypassing security technologies,” commented Roman Dedenok, Anti-Spam Expert at Kaspersky.

To defend against this threat, Kaspersky recommends deploying a proven mail server security solution such as Kaspersky Security for Mail Server that provides secure corporate email exchange, countering spam, email-borne infections, all forms of phishing, business email compromise (BEC), QR code attacks, and other threats.


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