The variety of payment methods that an online casino offers can be the deciding factor as to whether or not you choose to play there, and so the methods that are available need to be both convenient and accessible, as well as enabling you to use NZD$. Most players also want to be able to both deposit and withdraw funds securely and with a minimum of fuss, while for some, casino transactions not appearing on their bank statements is a pre-requisite.
Listed below, we outline the various payment methods that our featured online casinos accept, to help you choose which one works best for you.
Our recommended sites accept both credit and debit cards for depositing and withdrawing funds from your online casino account. Of the major brands, Visa is accepted almost across the board, while a majority allow you to use MasterCard, and a limited number accept Diner’s Club cards.
You’ll find that Visa credit and debit cards are accepted for both deposits and withdrawals at all of our sites. MasterCard, however, is a different proposition — most sites will allow you to make deposits using this card, but many don’t process withdrawals to MasterCard credit cards, and almost none to debit cards. Therefore, if you want to use a MasterCard, make sure that you’ve looked closely at the banking T&Cs. The case with Diner’s Club is that only a handful of sites accept it as a means of making deposits, and almost none for withdrawals.
When you make a deposit using most credit cards, funds are generally available in your casino account instantly. However, it’s important to know that with credit and debit cards that are issued by banks (as opposed to virtual and pre-paid cards), it can take some time to process your withdrawals once the funds have been released by the casino. This varies from institution to institution, but it can take between 2-5 working days before you have your cash, so this needs to be borne in mind.
Direct bank transfers (sometimes called direct credit or wire transfers) are when you transfer cash directly from your bank account to your casino account via your bank’s clearing system. Today, most people carry out such transactions online, but it is still possible to transfer money in this way in person at your local branch.
This payment method is accepted at most of our sites, and although it is secure, it does tend to be one of the slowest ways of moving money. It can take between 3-5 working days for your funds to reach your casino account using direct bank transfers, and not all of our sites enable you to make withdrawals in this way. You might also want to note that transferring money using this method means that your transactions with your casino will appear on your bank statements.
Many players find pre-paid debit and virtual cards are the most convenient way of managing their casino account. With these cards, you don’t have a line of credit but rather you use your own funds, with the card acting as third-party between you and the casino. This gives an added layer of security as you are not having to share your personal banking information with the casino, and this info is also then not stored on their servers. Pre-paid debit and virtual cards are accepted for deposits at all of our recommended sites.
One of the most popular and widely accepted forms of pre-paid card is PaySafe Card (which has essentially taken the place of Ukash, a previously popular pre-paid voucher payment system). To make a casino deposit, your PaySafe Card needs to be loaded in advance, which also gives you greater control over your finances. In addition, you get the added security of your financial information remaining hidden. The biggest drawback, however, is that you can’t make withdrawals to a PaySafe Card — instead, if you use this method for depositing, when it comes time to withdraw you’ll receive your funds via a bank cheque (which can be very slow).
Another popular pre-paid card is the EntroPay virtual Visa card, and this can be used for both deposits and withdrawals at almost all of our sites, with the advantage that both are instantaneous. It’s free to set up an EntroPay account, although you are charged a fee when you add funds to it — 4.95% when using a credit card, or 3.95% via direct bank transfer.
All of our featured casinos accept a range of different e-wallets as payment methods, and they are hugely popular because they give users added security (your financial details aren’t stored by the casino), accounts are free and easy to set up, and at most of our sites both deposits and withdrawals are completed instantly.
Most New Zealand players opt to use either Skrill, Neteller or EcoPayz although there are other brands on the market which online casinos will also accept. However, these three are the most widely used and accepted, and are also the most convenient and accessible for the majority of players.
Most e-wallets can be funded in a variety of different ways, such as via credit or debit card, or direct bank transfer, for instance, and when you request a withdrawal from your casino, once they have processed the payment, your cash is available in your e-wallet straight away, making it one of the quickest methods of all those listed here. You can of course also use an e-wallet beyond the casino, for any other sort of online transaction.
However, it should be noted that there are one or two online casino sites where using either Skrill or Neteller to make your initial deposit into a new account means that you are not eligible to claim a Welcome Bonus, so it’s always important to check the signup offer T&Cs.
The Australian-based online real time debit payment system POLi is also very popular and widely used in New Zealand, and is accepted as a payment method at the majority of our featured sites. POLi is extremely versatile, and provides high levels of security; your private information is not stored by POLi (or by your casino) and so you also have a degree of anonymity as well.
There is no registration required if you want to use POLi, you don’t need a credit card, and there are no fees to use the service; all you need is an online New Zealand bank account from which funds are debited directly. You can also use POLi to add funds to another payment system, like an e-wallet, and it’s also accepted by a large number of major New Zealand retailers and service providers, so it has multiple other uses as well beyond funding your online casino account.
PayPal is one of the biggest and best-known online payment systems, and is increasingly being used to accept payments at the online casinos we feature. However, it is not as yet universal, so make sure you read a site’s banking T&Cs to check whether you will be able to use PayPal there.
Setting up a PayPal account is simple and free, and all you need is a verifiable email address. It is also an extremely secure system, and there is the added advantage that both deposits and withdrawals are completed instantly (although when you transfer your cash from PayPal account to your bank account, there will likely be some processing time, usually between 1-3 days).
One of the advantages of PayPal is that many people who have shopped online or bought anything on E-Bay will likely already have an account, and it can be used across all platforms and devices. There are, however, charge associated with using PayPal — there is a standard fee of 3.4% + $0.45 per transaction for personal accounts (although these are reduced for business accounts with a monthly turnover vis PayPal of more than $5000).