One of the many things to consider when picking an online casino is the payment method. You want to know if the site supports options you can use for fast and easy deposits and withdrawals. Thankfully, NZ gambling operators offer many options.
Do you prefer electronic wallets? There are many Skrill, POLi, and Neteller casinos NZ that support these methods. If you prefer using bank transfers, you’ll also find a boatload of online platforms that support them. You only have to know which method suits your gaming needs and preferences.
That’s why we have created this banking methods guide. Here, we’ll walk you through the most popular payment options available for Kiwis. You’ll learn the pros and cons of using these methods, how they stack up against other ways, and more.
One of the many things to consider when picking an online casino is the payment method. You want to know if the site supports options you can use for fast and easy deposits and withdrawals. Thankfully, NZ gambling operators offer many options.
Do you prefer electronic wallets? There are many Skrill, POLi, and Neteller casinos NZ that support these methods. If you prefer using bank transfers, you’ll also find a boatload of online platforms that support them. You only have to know which method suits your gaming needs and preferences.
That’s why we have created this banking methods guide. Here, we’ll walk you through the most popular payment options available for Kiwis. You’ll learn the pros and cons of using these methods, how they stack up against other ways, and more.
Top Online Casino NZ Payment Methods
An online casino’s cashier might be packed with payment methods you can use for transactions. However, if you want to make the most of these options and select the best one, you must be familiar with them. Among the many options available at the best New Zealand casinos, here are the most popular:
- Electronic Wallets (these include Neteller, PayPal, POLi, and Entropay)
- Visa debit cards
- Mobile Payments (these include Pay by Phone Bill and Google Pay)
- Cryptocurrencies (Bitcoin, Ethereum, and Litecoin)
The workings of these methods vary, and each one has its advantages and disadvantages. For instance, some of these methods are great for deposits but are not supported for withdrawals. If you use such an option, you must select a different option for cashing out your winnings.
Below, we have detailed each category. You’ll learn more about how to use them for transactions at online casinos.
E-Wallet Payments
An e-wallet is simply an electronic wallet where you store money and make transactions quickly and easily online. They stand between your bank account and the online platforms for gambling. So, you move money to your wallet, then from your wallet to the casino, and vice versa. The aim is to prevent you from entering vital financial information directly on the gambling site.
Most e-wallets require you to create an account and then fund it by linking your credit card or bank account. Others, like POLi, don’t require such. Regardless, they are easy to use and are also mobile-friendly. These e-wallets also have features that let you track your transactions.
Another benefit of using e-wallets is their speed of payment. Deposits are usually processed instantly and arrive in your gambling account within a few minutes. Likewise, after a gambling website approves your withdrawals, you receive your funds in less than 24 hours.
Neteller Casinos NZ
Neteller is one of the most well-known services that’s part of the PaySafe Group. This online money transfer service is known for being easy to use. Once you have a Neteller account, you can easily fund your account and cash out your earnings.
Besides being a secure banking method, Neteller is a cost-effective e-wallet. Transactions to online gambling platforms are free, and the only fees you pay are service charges.
Online casinos NZ with PayPal Withdrawal
A PayPal casino NZ is one that lets you deposit and withdraw with PayPal. As a popular e-wallet, it is available on many gambling sites. The method is safe and easy to use.
Another reason for its popularity is its fast transactions. When you make an online casino PayPal withdrawal NZ, it reaches your account within 24 hours of the casino approving the money transfer. There are usually no fees for playing at a PayPal online casino NZ, but there are fees for using the service.
Online Casino POLi Pay Payment in NZ
Another recommended method for Kiwis is POLi, as the service is tailored to the New Zealand market. POLi payments NZ are great because you don’t need an account to use its service.
Making a POLi payment at an NZ casino is free, though the gambling site might charge fees for transactions. So check to be certain.
Entropay Online Casino NZ
Founded in 2003, it is an e-wallet that functions like other electronic wallets. That is, you create an Entropay and fund it using one of the payment methods it supports. You can then deposit and withdraw at an Entropay online casino NZ.
Entropay users pay fees for using the e-wallet and for withdrawing from it to their bank account. These charges range from 1.95% to 4.95%.
Online Casino NZ with Visa Debit Cards Withdrawal
One of the most common methods is Visa. The American company is popular for its debit, credit, and prepaid cards. You can use the banking method to make fast and easy deposits at New Zealand online gambling sites. You can also use it to cash out your winnings from a visa debit withdrawal casino NZ.
Convenience and ease of use are two reasons why Visa debit cards are a preferred option for many players. To use this payment method, you simply enter your debit card details in the appropriate fields and complete the transaction. It’s also secure, as Visa uses the best safety protocols to protect its users.
Another major advantage of using the debit card is that it has a higher transaction limit. So high and low rollers alike can easily fund their accounts and cash out their winnings without worrying about restrictions. However, note that it could take up to three days to get your winnings via this method.
Bank Transfer at Online Casino NZ
A bank transfer is one of the oldest ways of making payments. At a bank transfer casino NZ, you move money from your bank account directly to the operator’s bank account without a middleman involved. When it comes to withdrawals, the operator credits your bank account directly. In other words, the method is supported for deposits and withdrawals.
One of the advantages of making an online casino bank transfer deposit NZ is that these transactions are safe. Banks are known for using the strongest encryption technologies to protect their users’ accounts. So, these funds are well protected as they move from one account to another.
There are also fewer fees for using an instant bank transfer casino NZ. That’s because there’s no middleman to charge you extra besides the fees you’ve already incurred from the bank. The downside of using this payment method is that withdrawals are processed slowly and could take up to five days to reach you.
Mobile Payments
This is another method of making payments at an online casino in New Zealand. Mobile transactions are becoming a staple of the gambling industry because of their convenience. Plus, they are sometimes available to all users. So, iOS and Android users alike can make transactions via their smartphones.
Another perk is that they don’t attract fees compared to some other options. Furthermore, they are safe to use. That’s because you don’t have to reveal any financial information on the gambling site before your transaction is cleared.
Unfortunately, mobile payments are usually available only for deposits. In other words, you can’t withdraw using most of them. Their limits are also low, making them unsuitable for high rollers. Below are the most common mobile payment methods:
Pay by Phone Bill Casino NZ
Every pay by phone bill casino supports deposits made with phone bills. Transactions via this method are swift and only take a few minutes to reach your playing account. Pay by Phone is also safe, as there’s no need to disclose sensitive financial information.
Keep in mind that deposit limits via this method are low. Hence, they are not suitable for high rollers who prefer making larger deposits.
Google Pay Casino NZ
In 2011, Google launched its mobile service. Since then, it has grown to become one of the accepted payment methods on gambling platforms. Making transactions at a Google Pay casino is simple, fast, and safe, which makes it an appealing option for Kiwis.
Best Crypto Casino New Zealand
Cryptocurrencies have become an accepted option for Kiwis because of their long list of benefits. For one, when playing at a crypto casino NZ, you enjoy fast transactions. Payments, including withdrawals, are processed within a few minutes to a few hours.
You also enjoy anonymity when gambling at the best crypto casino in New Zealand. That’s because, unlike some payment methods, you don’t enter financial details when making deposits or withdrawals. Some crypto casino New Zealand sites also don’t require KYC verification, so you don’t reveal any personal details on the platform.
Bitcoin Casino in New Zealand
Crypto gambling supports multiple virtual currencies, but Bitcoin is the most popular. The virtual asset, which was launched in 2009, is the first cryptocurrency. Hence, it remains the most valuable digital asset.
The perks you enjoy at a Bitcoin casino NZ are synonymous with what you get at most crypto casinos. These include fast transactions and anonymity. Making payments at a Bitcoin casino in New Zealand is also safe because these transactions are recorded on the blockchain.
Instant Withdrawal Online Casino NZ
After requesting a withdrawal at an online casino, the operator takes some time to process the payment. This wait time varies from one gambling site to another and could be anywhere from a day to five days. Some platforms’ wait times could take up to a week. This is usually frustrating for players because no one wants to wait too long to get their earnings from playing games.
An instant withdrawal online casino NZ eliminates these wait times. Instead of taking days to process your money transfer, these sites approve withdrawals as soon as you request them. Thus, it’s left for your payment provider to confirm the transaction and credit your account.
Fast payments at an instant withdrawal casino NZ are possible because most of these operators process cash-out requests around the clock. However, you must have met the site’s terms and conditions for the operator to approve your winnings.
Best New Zealand Online Casinos with NZD Dollar
Lately, online gambling has become increasingly popular in New Zealand. As a result, there has been a growing demand for online gambling platforms to accept New Zealand dollars (NZD) as a currency. There are several reasons why this is important.
Firstly, when an online casino accepts New Zealand dollars, it makes it easier for Kiwis to deposit and withdraw funds. This reduces the need for players to convert their funds into a different currency, which can incur additional fees. It also reduces the problems attached to a decrease in exchange rates.
Secondly, accepting NZD shows that the gambling operator tailors its offerings to suit New Zealand players. It strongly suggests that the online casino is aware of the local currency and is willing to accommodate the needs of its customers. Furthermore, there’s a good chance that the platform supports the best options for Kiwis, including POLi and e-wallets.
Criteria for Choosing the Best Payment Method
We’ve noted all the popular payment methods available at NZD casinos. The one you settle for depends on your preferences. When choosing the right option for you, there are a few things to consider, including security, transaction speed, fees, and availability.
Below, we have discussed each criterion in detail. Once you’ve found a method that satisfies you in these four core areas, you search for an online platform that supports that option. Be it debit cards, e-wallets, or mobile options, there are multiple New Zealand gambling sites to choose from.
Safety and Security
Payment providers employ various security features to protect their customers. However, using some options puts you more at risk than others.
For example, when using Visa, you enter sensitive card details that can be misused if there’s a breach at the online casino. On the other hand, using POLi at a POLi casino NZ saves you from entering such details. So, your financial information is better protected when using POLi than Visa.
Transaction Speed
If you’re particular about getting your winnings within a few hours, then you must consider the speed of the transaction. That’s because the payment processing speed varies from one method to another.
With Bitcoin and e-wallets like Neteller, you get your winnings within a few hours after the website approves the transaction. However, you might have to wait up to five days to get your winnings via bank transfer.
Taxes and Fees
Another important thing to note is the processing fee. A top paying online casino NZ might not charge you for transactions, but you might pay fees to the provider. The exact amount you pay depends on your selected banking method.
Availability and Accessibility
While most online playing platforms have multiple methods, some payment options are more common than their counterparts. For example, Visa is a more widespread option than POLi. So, you’ll find more Visa casinos than POLi pay casino NZ.
Tips for Using Payment Methods at Online Casinos
As already noted, online casinos offer various options for players, but it’s critical to use them wisely. Below, we’ve listed some tips for using these banking methods, so you can enjoy a stress-free gaming experience.
- Ensure that the method is secure and trusted: The importance of using a safe payment method cannot be overemphasised. Use an option with security measures that you’re comfortable with.
- Be aware of any fees associated with using the payment method: Learn if there are transaction or processing fees at the online casino or from the provider.
- Keep track of your transactions: It’s important to monitor your account after making a transaction at online casinos. This helps you learn if there are any hidden charges, so you can address them early.
How to Set Up and Use Payment Methods Effectively
Before using a payment method, learn how to set it up. This process varies from one option to another. For instance, to use Bitcoin, you must get a crypto wallet and buy some coins if you don’t have any. On the other hand, you set up a PayPal account and fund it if you want to use it at PayPal casinos NZ.
What to Watch Out for When Using Payment Methods
Here are a few things to watch out for when making payments, even at the best gambling operators:
- Payment limit: Online platforms usually set minimum and maximum limits on how much you can deposit and withdraw. Even if the site doesn’t specify its transaction limit, there might be a transaction limit from the payment provider.
- Processing times: Learn how long an operator takes to process money transfers. If the wait times are too long, search for other New Zealand gambling operators that process transactions faster.
How to Avoid Fraud and Scams
The best way to avoid scams is to play at the best New Zealand casinos. These platforms have licenses that prove that their operations are safe. You can find the licensing information in the site’s footer or on the terms and conditions page. Also read reviews from other players to get insight into how the operator treats its players.
Conclusion
Kiwis have multiple options to select from when gambling at a New Zealand online casino. We covered the most common of these options in this text. So now you understand how they work and if they can be used for deposits, withdrawals, or both.
Before settling on a payment option, consider your needs. Do you want a payment method that lets you receive your winnings within hours? Then cryptocurrency and e-wallets are great options. If you’re more concerned about availability at online casinos, debit cards are excellent choices.