Online casinos that are eager to attract players from New Zealand roll out a range of convenient casino payment methods. Once you register an account with one of these operators, you’ll be able to cards, eWallets, crypto, and other ways to deposit and withdraw funds from your account.
In this guide, we will provide you with useful and important information on New Zealand casino’s banking options. We will also highlight the major pros and cons of each method and how to stay safe whilst paying online.
NZ Casinos with the Best Payment Methods
Common Banking Options for Kiwi Players
Here are some of the most popular casino payment methods available in the country:
eWallets
Skrill, Neteller, PayPal, and ecoPayz, are just four examples of eWallets accepted as casino banking options. This payment method was specifically created for online payments, in a time when safety and speed were lacking. Today, they continue to allow players to deposit funds instantly and withdraw them in a relatively short amount of time.
Using eWallets can, however, be expensive. Transferring funds to and from your casino account is free, but topping up or withdrawing funds from your eWallet account is often not. In addition, since it can be expensive for casinos to accept this payment method, some bonuses are sometimes unavailable to eWallet users.
Prepaid Cards
There are several prepaid cards that are accepted as payment methods at online casinos. Neosurf and Paysafecard are two of the best-known providers, but you can also buy prepaid cards issued by Visa, Mastercard, and other issuers. Just like with debit/credit cards, prepaid cards offer a secure and instant way to fund your casino account.
One of the main drawbacks of using prepaid cards is that you cannot withdraw funds back to them. These cards are designed to be used until the funds have been withdrawn, and then simply thrown away. Moreover, if they are lost or stolen, they could be used by anyone who finds them.
Cryptocurrencies
Paying with Bitcoin, Ethereum, Litecoin, or any other supported cryptocurrency in NZ provides plenty of player benefits. Both deposits and withdrawals with crypto are very quick and generally almost free. In addition, players who choose such payment methods can oftentimes claim higher-value welcome bonuses and ongoing offers.
Another significant advantage of using cryptocurrencies is anonymity. With no central authority or bank monitoring your transactions, you don’t need to worry about having to explain your casino activity. On the flip side, there is no specific organisation that you can contact in case of issues with your cryptocurrency, such as a central bank.
Mobile Payments
With instant mobile payments on the rise, online operators are happy to include this as one of their casino payment methods. This type of payment can come in many different forms and includes the use of payment vouchers, eWallets, or debit/card cards through a mobile app.
Paying with your smartphone or tablet is beneficial since a transaction can be completed in a couple of seconds. In addition, you can have better control of your funds and be notified immediately of any transaction. Whilst these benefits are normally free, there are certain providers that will charge you for using their mobile apps.
Debit/Credit Cards
Visa, Mastercard, American Express, and many more debit and credit cards exist and are used frequently in New Zealand. Apart from being one of the oldest casino payment methods, debit/credit cards remain some of the most popular. They are very easy to use, almost every player has, at least, one card, and they provide instant transfers.
When you pay with debit/credit cards it is important to remember that your card issuer, such as a bank, can view your transaction history. This could be an issue for Kiwis looking to keep their casino activity hidden from their bank. You should also check the casino you intend to play at to ensure that these banking options are available for withdrawals.
Bank Transfers
Paying by bank transfer is generally the slowest way to fund your casino account. However, there are innovative payment methods, such as Poli, that link to your bank account and provide faster and smoother payments directly to your casino. This service, naturally, comes at a fee, but so do bank transfers.
One of the limitations of Poli and similar providers is that they may not be available for withdrawals. A traditional bank transfer might be a solution, however, this normally comes at an extra cost. In addition, the minimum payment limit for bank transfers is normally significantly higher than other casino payment methods.
Choose the Best Payment Method for You
The reason why operators offer so many different casino payment methods is simply to cater to a wide audience. In most cases, you’ll probably choose one option and stick to it throughout. However, it’s a good idea to learn about different payment methods to better gauge which one is best for you.
Start by asking yourself these questions:
Things to Consider
Before you start using any supported casino payment methods, you should read the associated terms and conditions set out by the operator. Whilst this might be boring, it can save you a lot of time and hassle.
Here are some of the most important factors to consider before choosing your payment methods:
Things to Look Out For
Casino payment methods come with different terms and conditions. Here are some of the main T&Cs to look out for:
Stay Safe When Depositing or Withdrawing at Online Casinos
It’s important to stay safe when using any casino payment methods. Here are our top tips to help you do this:
Summary
The best NZ casinos are led by professional operators that understand the benefits of offering convenient payment methods. By choosing such providers, you can be sure to find a variety of simple and safe banking options that let you pay using NZD or cryptocurrencies.
However, no matter which payment method you opt for, it is always important to stay safe. One of the easiest ways to do this is to sign-up to casinos in NZ that are trusted and regulated.