Best Deposit methods in NZ
As you join a gambling site as a player from New Zealand, you need to figure out the most convenient payment options to choose from. In every casino site, you can find a selection of most popular payment methods for Kiwi casino players. The different methods vary in various factors such as processing speed, limits and availability in countries.
Below, we have listed the best online casino payment methods preferred by Kiwi players. Most of these methods can be used to make both payment and withdrawal from the casino. Visit the casino’s banking page to know more details regarding the same.
We will probably rank Neteller as the topmost e-wallet payment services because of its high reputation amongst gamblers from NZ. Established in 1999, this e-wallet service is extremely secure but also quite easy to use, which brings us the best of both worlds. You will be excited to know that they will process all of your transactions in NZ$ which is a boon as a Kiwi player as you can avoid paying any conversion fee.
To use Neteller to deposit or withdraw funds from an online casino, you have to first register to the e-wallet service and verify your details. The next step is to add funds to the account that can be used to make a deposit in the casino. As you finish setting up the Neteller account, you can head towards the casino banking page, choose Neteller from the options and fill in the details asked to make the transaction.
To find if a casino accepts Neteller, just visit their banking page to check if it is a Neteller casino. The e-wallet service not just makes payment easy but offers a lucrative VIP program for active users. As you reach the highest level, you get benefits such as higher transfer limits, multiple currency accounts, lower FX currency fees, free money transfer between NETELLER accounts and much more.
They do not charge fees for depositing or withdrawing from the casino, but if you withdraw money from Neteller to your bank or card, you will have to pay a small fee for each transaction made.
Skrill, established in 2001 which was once known as Moneybookers has become one of the best web wallet payment services for online casinos around the world and also for New Zealand players. This London based web wallet lets you make payment in multiple currencies, including NZ$. Hence, it is so popular with Kiwi players. Players prefer such payment option because it is not just secure but discreet as well, hence it does not disclose their bank details to the casino.
Opening a Skrill account takes a few minutes and you can link it with your casino account to make instant payments and withdrawals.
Skrill offers a VIP program for its regular users, just like several other e-wallet services. As you make more transactions using Skrill, you will be upgraded to become a VIP member. There are several VIP levels as well. As you become the highest VIP member, you will enjoy several benefits such as higher transfer limits and lower FX currency fee. You are also allowed to open multiple currency accounts and can order and use the Skrill MasterCard for free depending on the VIP level.
Depositing and withdrawing funds from the casino using Skrill is free, but you will be flatly charged with an amount of NZ$4.66 to withdraw from Skrill to your Visa or bank account.
Muchbetter is a new app-based e-wallet service launched by MIR Limited UK Ltd. in 2017. It is quite new but still has become popular because it has been optimised for gamblers, unlike PayPal and Neteller. They already cater to 150,000 active users across 150+ countries around the world and have been nominated for several awards for being highly secure and its real-time transaction capabilities.
It surprises us that even though they are new in this field, they are nowhere behind when it comes to offering prizes to its users. Active users get a chance to win cash prizes every Monday and they can also enter Muchbetter’s annual MegaDraw and you can get the chance to win amazing prizes such as VIP trip to Las Vegas.
They do not charge any fee for depositing or withdrawing funds from the casino, but if you withdraw funds from MuchBetter from an ATM using your MasterCard, it will cost you 0.99%. As debit or credit cards charge a fee as high as 2%, Kiwi players prefer to use MuchBetter as payment options in casinos.
POLi is an online payment service popular around Australia and New Zealand. It basically acts as a link between internet banking accounts and online casinos. The casino players can deposit money directly from their bank account using this method. The main advantage of this is that you need no registration to use it. You will have to just use POLi to connect your bank account to the casino for direct money transfer from your account. This works differently from the e-wallets mentioned above in which you deposit money in the wallet and then it gets transferred to the casino. Hence payment through POLi is much more convenient and also considered safe. That is not all, there are no transaction fees involved for payments made using POLi.
This is best for Kiwi players who do not own credit cards but have banking accounts. Players do not wish to directly link their banking accounts to casino sites from safety reasons and POLi helps in adding that additional layer of security and is a secure method of making casino payments anonymously.
POLi Payments Pty Ltd was founded in 2016 and is a service provider based out of Melbourne, Australia. It was acquired by SecurePay Holdings, a company owned by Australia Post.
There are a total of 6 New Zealand banks and 17 Australian banks are listed on the POLi website currently as available for carrying out such transactions.
POLi payment option is available only to the residents of Australia or New Zealand. You also need to hold an account in one of the banks listed in the POLi website to be able to use this payment method, which is available in 60+ online casinos.
We are sure that most of you must already know the popularity of PayPal as it has been around since 1998 and still functions as the most pioneer e-wallet service out there. Back then it was known as Confinity and later renamed to PayPal in 2001 after they merged with an online banking company known as X.com.
Actually, PayPal was initially a part of eBay, but it later separated into an independent business as it has done so well worldwide with millions of users using the payment method.
Their security is top-notch which is why many casinos find it hard to tie up with PayPal which also means that the casinos which do provide PayPal are extremely secure and highly regulated.
Once you create a PayPal account and verify it, you can use it for online transactions. You need to add funds to it so that the payment can take place instantly. This makes it easy as you can transact from anyplace, anytime. Further, they charge a very small transaction fee which is reasonably priced for gambling activities.
You will also find that all the popular casinos that are available for New Zealand players offer PayPal, as it is a highly popular and widely used online payment service.
Casinos that accept PayPal as a payment option do not usually have a maximum deposit limit. Although, they have a minimum deposit limit that ranges from NZ$5 to NZ$20 that you can deposit.
PayPal is a free most of the time for making deposits but if you are using a different currency than the one in PayPal, you can incur a conversion fee that ranges from 0.3% to 7.4% depending on the currency.
An exciting thing we found is that there are a few casinos that offer bonuses if you make deposits using PayPal. You can get free bets, free spins or match bonus for your deposits.
Mastercard is also another payment option accepted in most of the casinos accepting New Zealand players. It can be issued by any local bank or online providers. Remember, you can make deposit and withdrawals from casinos using it but there will be mostly a transactional fee involved with it, which is higher than what e-wallets charge.