Pokies Payment Methods
Our recommended New Zealand online casinos offer a variety of payment methods which can be found under the banking tabs on most of their homepages.
Online casino banking methods usually include separate sections for depositing funds into your player account as well as another section for withdrawing winnings.
One of the main reasons why these are separate sections and not an all in one service is because not all of the same payment methods used for making a deposit can be used for making a withdrawal from the casino.
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Choosing an online casino with a variety of banking options is just as important as choosing a casino based on the variety of games they have to offer. The name of the game here is flexibility and finding the easiest and most efficient options available is paramount.
New players to online casinos tend to find the number of banking options quite overwhelming. There are a number of different types to choose from and each comes with its own set of pros and cons. So how do you pick the right method for your particular needs?
This is where NZOnlinePokies can help you make that crucial decision as our experts aren’t just experts at playing real money online pokies in NZ.
Our experienced team can help guide you in every aspect of online casinos including understanding the different banking methods available to you.
Let’s have a look at the different options here, there are four basic categories to choose from:
- Credit Card
- Prepaid Card
- Bank Transfer
Each of these four main choices will also include a number of sub-options which are essentially different brands that do more or less the same thing. Which one of these you choose is up to you but consider that each of them will also carry different pros and cons of their own. For instance, some will offer faster withdrawal times while others can be used to make deposits but cannot be used to withdraw winnings.
Credit card options (which usually include debit card options as well) are probably the most recognizable to most Kiwis. Using a credit card is fairly straightforward and also quite efficient although not everyone has or wants a credit card as they come with their own set of bank charges and so forth.
Setting up a credit card for payment with an online casino is very easy and works in much the same way as any online site that requires credit card payments.
Check out this quick breakdown on setting up your credit (or debit) card:
- Go to the online casinos payment method section
- Select credit card as payment of choice
- Enter details according to instruction
- card number
- Fill card holder details
- credit expiry details
- Enter CCV number (security number on the back of the card)
- Enter address and personal details
That’s about it, it is a really simple and straightforward process that only takes a few minutes to complete.
Most online casinos accept two main credit card options and some will also offer an additional percentage bonus for choosing this method.
Most online casinos accept:
It is important to also note that, in many cases MasterCard cannot be used to make withdrawals from an online casino. Most online casinos also accept debit cards as a form of payment method. These usually include:
- Visa Electron
- Visa Debit
- MasterCard Debit
e-Wallets, or Electronic Wallets, are becoming more and more popular with Kiwis that spend a great deal of their time online. These e-Wallets present a safe and simple way to purchase items online or to make deposits, into a casino account for example.
e-Wallets are also becoming more popular than credit cards because there is no need to divulge sensitive credit card information with online destinations and they can be funded from a variety of sources including bank transfers.
Popular e-Wallet options for Kiwis include:
- POLi (POLi is based in Australia and is an acronym for Pay Online)
- PayPal (the universal favourite)
- PaySafe Card (hugely popular with New Zealand players)
- Neteller (also a great, safe option for Kiwis)
Almost every online casino accepts bank transfers, also known as bank wire transfers as an acceptable method for depositing funds and withdrawing winnings. Bank transfers are popular with players who do not want to use their credit cards or give that information over to the casinos.
Bear in mind however that using bank transfer as your primary online casino banking method is also one of the slowest withdrawal and processing methods currently available.
Another variation of bank transfer is Instant Banking which is rather like using a paper check in the real world. Two popular methods include:
This method uses an electronic cheque system and works for both depositing and withdrawing funds. The system is somewhat faster than bank transfers but again a bit slower than e-Wallets.
Prepaid Debit Cards
The use of prepaid debit cards is growing in popularity world-wide and is the ideal payment method for those who do not want to set up credit card payments with an online casino. The system is also popular with younger players who do not have credit cards.
Prepaid debit cards negate the need to divulge any banking details with online destinations and are one of the safest methods of online payment available.
Prepaid cards can be purchased at a range of participating retail outlets all across New Zealand and come pre-loaded with a certain amount in NZD. You simply decide how much you need and then purchase the corresponding card.
The system uses PIN numbers and while each card is limited in the amount, you can simply buy multiple card or ‘PIN numbers’ to create the end amount that you need.
Then simply visit your online casinos, click on the banking tab, select the prepaid card option that you are using and enter the PIN numbers. It’s that simple and no banking details are needed.
Two of the most popular prepaid cards for New Zealand players include:
Withdrawing your winnings
While most online casinos prefer you to use the same method for withdrawing your winnings as you did for making your deposits, this is not always possible.
The main exception is MasterCard which comes with certain restrictions and is not a valid method for withdrawal at most online casinos.
It is important to check with one of our recommended New Zealand online casinos how each method works in terms of withdrawal times as well as processing time by the casino’s payment section. As a huge added bonus, many of these recommended casinos offer free spins no deposit bonuses that make your winnings much more effective.
Most online casinos will process withdrawal requests within 24-48 hours but the time it takes for those funds to reflect in your bank account depends largely on the payment method you have chosen. Some methods will process within 2-4 days while others can take a week or longer.
For more clarity on two of our most popular and recommended payment methods, why not visit our informative pages on PayPal Casinos and PaySafeCard Casinos? We include all the benefits of using either method including a how-to section and withdrawal processing times.