Payment methods at online casinos in New Zealand
Casino payment methods have altered recently as online casinos flourish and the necessity for quick payment alternatives increases. New Zealand online casinos provide several deposit and withdrawal alternatives. The payment methods offer players more accessible ways to deposit or withdraw. In addition, the options allow users to play casino games from anywhere. Here are some of the payment methods and a guide on how to pick the best one.
Types of payment methods at online casinos in New Zealand
To play for real money at online casinos, you’ll need a method of funding your account. Thankfully, the number of available payment methods has increased dramatically in recent years, making it effortless for many clients to fund their Australia casino accounts.
E-wallets
Also known as digital wallets, these are online platforms that enable casino players to fund and withdraw from their casino accounts. E-wallet platforms include PayPal, Neteller, Citadel, Skrill, and Venmo.
Bank transfers or wire transfers
This casino payment option enables players from New Zealand to safely move their funds from their bank account to their casino account and vice versa. The method is best suited for high rollers.
Pre-paid Cards
With these cards, you can reload them with a set amount of money and then proceed to make casino payments. Kiwis can opt for VISA Prezzy card or MasterCard pre-paid card.
Debit & credit cards
With a credit cards, you may make a deposit on credit and pay off the borrowed funds at a later date. The funds are advances from the credit card company and are due within a specific time frame. Credit cards offer players a chance to play when short on cash and then pay later. Various cards include VISA, Maestro, MasterCard, and Discover.
Instant bank transfers
Unlike wire transfers that take days, instant bank transfers are quicker and more efficient. This is made possible by providers who act as “middlemen” and enable the instant transfer for a small service fee. Instant bank transfer providers include POLi, Trustly, and Giropay.
Cryptocurrencies
A growing number of online casinos accept cryptocurrency as a payment option, and it’s expected that soon every casino will do so. Bitcoin, Ethereum, Litecoin, Dogecoin and Dash are some of the most popular cryptocurrencies at crypto casinos.
How to choose the best payment method
You need to consider various factors before choosing an online casino payment method. Here is a checklist to use while making a decision.
- Security: A good payment option should be regulated by a credible regulator. Also, the method should use encryption to secure your financial data and information is protected.
- Transaction fee: Always opt for payment method with no hidden charges and affordable transaction fees.
- Processing speed: The best payment options are instant. For small amounts, opt for instant methods and bank transfer for large transactions.
- Withdrawal and deposit limit: A suitable payment method should offer a transaction limit that matches your bankroll.
- Accepted currency: Opt for a payment option that allows the use of NZ$
In addition to these factors, ensure that the method of payment is not prohibited in the bonus terms and conditions. Some payment methods make it impossible to claim casino offers.
