In this post, we’ll work you through everything you need to know about casino payment methods, so you can decide which option is best for you.
Also, we’ll discuss how you can make online casino deposits and withdrawals. Let’s get started!
Several people across the globe love online casino gambling. It’s a perfect way to have fun and earn money at the same time if you’re lucky. People gamble casino games for one of two reasons – for fun and to make money.
New Zealand players wagering for fun won’t need to worry about the payment methods. However, if you want to play to earn money, the type of payment method available is one of the factors you should consider when choosing a casino to play with.
The best online casino will provide access to fast and secure payment options that you can use to deposit and withdraw winnings without stress. If you’re just starting with online gambling, you need to get familiar with casino payment methods and how they work.
There are several payment methods available at an online casino that you can choose from. However, this can vary from casino to casino. So you need to check if the casino features your desired banking method before you proceed. Below are some common casino payment methods available in the iGaming industry.
This is one of the most common payment methods at most online gambling sites. You can use this payment method to bet online and at a physical casino. However, there’s a tricky side to using this payment method to fund your online account.
For instance, if you reside in the United States, there’s a high chance that an online casino won’t approve your transfer. Even though you live in another country, you can still experience issues with certain payment providers. So you should check the gambling rules in your country before you proceed.
The most widely accepted cards are Visa and Mastercard, so you’ll most likely find them at the best online casinos in New Zealand. Making a payment with this method is easy, as it’s directly linked to your bank account. First, you need to fill out your name as it’s written on your card.
You’ll also input the expiry date, your card number and even the three numbers visible at the back of the card. Once done, you need to input the amount you want to deposit. Credit and debit cards offer a secure way to transact seamlessly at any NZ online gambling site.
So depending on your card provider, you might need to answer some security questions to prove that you’re exactly who you claim to be. When depositing using cards, the casino will process the payment instantly, and you’ll receive the fund in your account.
Though debit and credit cards are accepted at most casinos, they work differently. For instance, if you use a credit card to bet and you’re out of cash, you can easily borrow money from the bank to continue gambling, which is not a good idea. However, this is not the case for debit cards – once your money is finished, you can’t borrow money from the bank.
This is another popular payment method that players around the world widely accepted. The banking option offers a fast, secure, and easy way to make payments at an online casino. Using e-wallets for your casino transactions offers several benefits.
The most important one is when you’re trying to withdraw your winnings. E-wallets offer one of the fastest withdrawal processing times at online casinos. You don’t have to wait for days to get your winnings deposited in your e-wallet account.
Using e-wallets at an online casino is easy. You can quickly deposit funds in your e-wallets from your bank account, the transfer the fund to your casino account. The process is also the same when you’re withdrawing your winnings.
You need first to withdraw the money to your e-wallet account before you can send it to your local bank account. Interestingly, many e-wallet providers offer a bank card that allows you to withdraw your winnings from any ATM.
When you use e-wallets for all your casino transactions, you can enjoy low transaction fees, high speed, and even the highest level of privacy. There are several e-wallet providers that you can choose from. The most widely used options are Skrill and Neteller.
Other options you might want to consider are Ukash and Click and Buy. PayPal is also a popular e-wallet option, but not all casinos recognise them as a means of payment. So it’s vital that you check with your casino before making your payment choice.
Before using an e-wallet at an online casino in New Zealand, you must create an account with your desired provider. To do that, you must visit the provider’s official page and follow the registration process. All you need to do is supply your details and verify your account.
Once your account is created, you need to link it to your existing local bank account; then, you can proceed to fund it. Sometimes, you can transfer to your e-wallet (which has its bank account) or make a card payment.
While this might be a long and cumbersome process, the advantage is relieving because you won’t need to expose your sensitive bank details when playing at an online casino. However, ensure you keep your login username and password safe without exposing them to any third party.
This is another payment option that you can use to deposit and withdraw at an online casino. This is an excellent alternative if your desired online casino doesn’t accept credit and debit cards as a payment method. If you asked us, we’d recommend you go for the e-wallet option, but prepaid cards aren’t bad either.
The prepaid cards work similarly to your debit and credit cards but are slightly different. Prepaid cards are not connected directly to your account. But it comes with a certain amount of money.
For instance, you can decide to purchase a prepaid card with NZ$2,000 on it. Notably, you can recharge most prepaid cards when you have exhausted all the money in them.
Before you settle for this type of payment option, you need to check with your casino to know the kind of prepaid cards that are available for you to use. If you can’t find any on the site, chat with the customer support agent and ask questions.
The best online casinos in New Zealand have an outstanding customer support team that will respond to your questions in no time. So you need not worry. One of the most popular prepaid cards widely accepted in most NZ online casinos is the Paysafecard. Let’s discuss some of the popular prepaid cards you can use.
This is the most popular prepaid card that you will find in many online casinos. You can purchase the card online or at the retail location all over North and South America, the United Kingdom, Europe, Australia, New Zealand, and the Middle East.
Interestingly, Paysafecard is available in various denominations, so you can use this payment method even if you have a low bankroll. To credit your account via Paysafecard, you just have to provide the casino with the voucher number, and the fund will be instantly credited into your account.
If you’re familiar with online payment, you should have heard about Moneygram or Western Union. Aside from this, you’ll also find several money transfer services, both retail and online.
Basically, you’ll be sending funds to your casino account via the transferring services. You should receive the payment within a few hours, but Kiwi players should keep in mind that this method can be more costly due to the fees charged by the provider.
The bank transfer method is a popular online casino payment method that offers an easy way to transfer money to and from a gambling site. Everybody does make bank transfers once or more times a month. So we can consider this one of the most straightforward transaction options.
However, bank transfers are among the slowest method of making payments online. The payment method will even be slower if your bank is located in a different state than the one in which your casino is based.
In most cases, bank transfers can take up to a week or more than other payment options like credit, debit card or e-wallet. So you might want to consider other options if you wish timely access to your winnings.
Aside from the slow aspect, most online NZ gamblers might still opt for this payment method for obvious reasons. First, players can send a considerable amount of money at once.
More often than not, online casinos usually limit the maximum amount you can send via credit card or e-wallet options. So if you are a high roller player that wants to make a 10,000 USD deposit, using the bank transfer payment method for all your casino transaction is an ideal choice.
You can also use bank transfer to deposit money into your e-wallet before transferring it to your online casino account. Whichever way works for you!
Online casino is growing fast in all aspect, including payment methods. Today, some online gambling sites accept bitcoin and other cryptocurrencies as one of their best casino payment methods. This can happen in different ways. Some casinos will convert your bitcoin to its equivalent in USD or NZ$.
Notably, some crypto casinos in New Zealand provide access to innovative bitcoin games on which you can wager your crypto coins. Gambling with bitcoin will be easy for players dealing with cryptocurrencies before now. This is not advisable for players without knowledge of the crypto industry.
One of the obvious benefits of transacting with bitcoin or other crypto coins is the swift payment speed and low transaction fees. Additionally, this payment method offers anonymity as you don’t need to supply bank details at an online casino.
Once you have a wallet with your desired coins, just copy the casino wallet address and transfer the money you want to deposit. You’ll receive the money instantly in your casino account.
While several payment methods are available at an online casino, you must conduct your research well before settling for any banking method. Regardless of the Kiwi casino sites, you can apply these factors before deciding. Below are some factors to check out.
When choosing an online casino payment method to use, it’s essential that you check the transaction costs. Some casinos charge a fee when you want to use a particular payment method for deposit or withdrawal.
The factor is based on the card provider, the payment method, and the casino. If the casino doesn’t charge any amount, the card provider might charge you for using their services.
So you need to check out the casino terms and conditions and know if you can cover the transaction fee before proceeding.
The best online casinos in New Zealand will often charge you a certain fee when transferring money from your bank to your gambling account. Players should even expect this when the bank they are operating resides in another location different from the casino.
For instance, Kiwi players might enjoy free transfers if they want to send funds to other New Zealand bank accounts in NZ$. But the bank or casino might charge them if they’re going to send money to a casino or bank in another country. However, this doesn’t negate the payment option because the fee is usually small.
Regardless of the payment method you want to use, security is paramount. While this is also the responsibility of the online casino, we recommend that you only play at a casino licensed and regulated by top authorities like the UK Gambling Commission, Gibraltar Gaming Commission, Curacao eGaming, and the Malta Gaming Authority.
You can check out the review section for the online casino with the best payment methods. In addition, ensure that the casino uses the latest Secure Socket Layer encryption standards to keep players’ transactions safe.
If the online casino has a padlock icon beside its address in the URL bar, it means the site is secure, and you can transact without any issues.
Kiwi players also have work to do in terms of keeping their casino accounts safe. It’s vital that you only transact at your casino using a secure connection. Don’t use your casino account when you’re connected to public Wi-Fi. In addition, you should ensure you have the latest browser installed and update your operating system. Again, never reveal your password or transaction details to a third party.
You should also consider the casino payout restrictions when choosing a casino site. In some cases, the online casino might require you to use the same banking option you used when depositing to withdraw your winnings. When you are aware of this, you’ll want to choose a payment option that allows you to deposit and withdraw your winnings at the casino.
For instance, if you fund your account via Mastercard, it won’t be possible for you to withdraw your winnings to another payment option other than Mastercard. This might cause an issue in the case whereby the casino doesn’t support withdrawal via Mastercard.
If you’re in this ugly situation, the best way to solve the issue is to contact customer support service and make your complaint. This way, the casino will help you withdraw your winnings and verify them manually.
The reason why online casinos have this restriction in place is to prevent money laundering. Most criminals will transfer a huge amount of money to a casino account via one payment option and then request to withdraw the money via another payment method.
In most cases, players who choose to gamble at the best online casino sites in New Zealand won’t have any issues when it comes to making a deposit and withdrawing their winnings. However, you still need to prepare yourself if things don’t go your way.
This is one of the reasons why you need to choose a legitimate casino site. Aside from the licensing, it’s also vital that you check the customer support service to know how responsive they are. The best online casino site has a responsive customer support team that will be on standby to assist you in whatever way you want.
So when you experience any issues with your casino account or transaction, feel free to contact the support team. The best gambling site will have 24/7 live chat support, so you can reach out for help anytime.
Now that you have understood how casino payment works, you need to know how you can get started at a gambling site and make a deposit with ease. After all, you can only use this payment option when you have an account with a casino site. Below is a step-by-step guide on how to open a casino account.
When filling out the registration form, ensure that you supply the correct information because you might need to verify your account. The casino will send a link to your email; click on it to confirm and validate your email account.
Once your account is verified, log in using the username and password, and you can access all the site’s features. Games available at most online casinos in New Zealand can be wagered for free or for real money.
It’s advisable that you first try out the games for free before you start playing for real money. Playing free demo version games will help you understand the rules of online casino games, thereby increasing your winning chances.
Now that you understand how online casino games work, you can proceed to make your first deposit and claim your bonuses.
As mentioned, online casinos feature several payment methods that you can use to send and receive money from an online casino. Regardless of the option you choose, the process to deposit is similar. Follow the step-by-step guide on how to deposit funds into your casino account.
Players should note that online casinos usually have a certain amount that they need to deposit before they can start playing. The casino will provide access to different bonuses and promotions that you can claim. These include welcome bonuses, free spins, deposit bonuses, no-deposit bonuses, cashback, reload bonuses, and VIP rewards.
Before you accept any of these bonuses, it’s important that you understand the conditions attached to the offer. The most important one is the wagering requirement.
Wagering requirements are the number of times you need to play through the bonus given before you can be eligible to claim the offer. The casino bonus wagering requirement can be between 5x and 70x. The higher the wagering requirement, the more difficult it is to fill.
So when you receive a bonus of NZ$30 with a wagering requirement of 1ox. It means you need to wager the bonus fund 40 times before you can access your winnings.
Another bonus condition that you should not overlook is the v,alidity period, and it works hand-in-hand. A bonus validity period tells you how many days it takes for the bonus to expire.
Most online casinos offer bonuses with a validity period of 14-day to 30-day. So we advise that you claim the bonus on time. If you don’t meet the wagering requirement within the stipulated validity period.
When you play and win, it’s essential that you can withdraw your winnings without struggling. The best online casinos in NZ provide access to the best withdrawal methods. Follow the guide below to withdraw your winnings.
Players should note that withdrawals via these payment methods might take longer to reflect in their account, depending on the banking method that they choose. It’s crucial that you understand your casino’s withdrawal limits before withdrawing money from your account.
Your withdrawals can also be delayed for several reasons. First, if you receive a bonus from the casino, then you need to meet the wagering condition before you can withdraw. Also, some online casinos might require you to verify your account before withdrawing.
Most top online gambling sites in NZ use the KYC (Know-Your-Customer) verification process, where you are asked to submit a copy of your utility bill, statement of account, ID card, and driver’s license. After that, you can proceed to cash out your winnings.
| # | Casino name | Rating | Bonus | License | Games | Launched | Min Deposit | Min Withdrawal | Visit casino |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Pledoo Casino | 5.0 | 100% up to $200 + 75 Free Spins | Curacao | Pokies, Live Casino, Table Games+ | 2021 | $10 | $10 | Play Now |
| 2 | Hugo Casino | 4.8 | 100% up to $300 + 100 Free Spins | Curacao | Pokies, Table Games, Live Casino Games+ | 2023 | $10 | $20 | Read Review |
| 3 | Bet It All Casino | 4.7 | 100% up to $200 + 50 Free Spins | Curacao | Pokies, Table Games, Live Games+ | 2016 | $10 | $10 | Play Now |
Casino gambling is fun but more exciting when you win money. But what’s the essence of playing for real money at a casino with the worse payment options? Absolutely nothing to write about. That is why you need to choose a site that provides access to secure payment methods, such as Skrill, Neteller, PayPal, Visa, Mastercard, and cryptocurrencies.
In this article, we have provided you with everything you need to know about casino payment methods. By now, you ought to know the best online casino payment method that will suit your needs.
However, Kiwi players must be careful when choosing an online casino. You need to play at the best online NZ casino to enjoy the best gambling experience. So it’s vital that you consider criteria like the casino license, security, game selection, software providers, customer support, responsible gaming, bonus offers, and mobile compatibility.
We also recommend that players continue to gamble responsibly. If you realise that you have a sign of gambling, do well to contact the support team to help you restrict any gambling activities on your account.
Online payment methods vary from one casino to the other. So choosing the casino with the best online payment methods can be daunting. However, we have provided you with some significant gambling sites that offer the fastest and safest type of payment options.
Almost every online casino has a minimum amount you can deposit, and it varies from one site to the other. More often than not, online casinos require you to deposit at least NZ$10 before you can access the site, claim bonuses, and start playing for a real win.
For that reason, it’s vital that you check the casino terms and conditions to learn about the deposit limit.
Yes. Most online casinos restrict the minimum and maximum amount you can withdraw from your winnings at a time. This could be daily, weekly or monthly. Check the casino terms and conditions to learn about the limits placed on their withdrawals. If you can’t find any information, contact customer support for help.
Cryptocurrency is one of the most secure and fast payment methods you can use at an online casino. The payment method offers high privacy when players are transacting online. Additionally, it’s quick and secure, and you don’t need to bother much about the transaction fee.
Yes. Almost every bank in New Zealand allow gambling transaction, so you need not worry. However, it’s essential that you check your financial provider’s rules before making your decision.
the author
the author
