Online casino banking refers to making financial transactions such as deposits and withdrawal, from your account at a respective online casino.
As a New Zealand based player, there are tonnes of best online casino banking options available for you to use. We shall be taking a look at the top casino banking options available for New Zealand players as well as other topics surrounding casino banking.
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Leading Online Casino Banking Methods in New Zealand
There are various casino banking options available at online casinos. These can be classed into three main categories:
- Credit or Debit Cards
- Direct Banking Transfers
There are other sorts of payment methods available which are up and coming such as Boku; a mobile payment method which converts air time into casino credits, but the majority of online casino banking is performed through the above-mentioned FSPs (Financial Service Providers). The Kiwi Casinos team has included information on the most popular casino banking methods below:
Visa in Online Casinos
A Visa card is one of the most well-known types of credit cards available today. For those who do not like the idea of a credit card, Visa also offers debit cards. Visa is one of the most common and popular forms of online casino banking available. Today, the majority of online casinos offer Visa as an online casino banking option.
Top MasterCard Banking Method
In the same class as Visa, MasterCard has also managed to make a name for itself, not only within the online casino banking world but the world of online shopping as a whole. A MasterCard would fall under the credit/ debit card category of online casino banking and can be utilised at most online casinos in 2016.
Paysafecard for Kiwi Players
A Paysafecard is one of the most popular types of eWallets available. To make use of your Paysafecard account, all you need to do is deposit your desired spending amount into your online account. The Paysafecard is a preferred method of payment because you have the freedom of making online payments without having to disclose any of your banking or credit card details online.
Use Poli at Online Casinos in New Zealand
Poli is perhaps the most secure form of casino banking available online. However, this isn’t the only reason it is one of the most favoured forms of online casino depositing. Poli is a strong favourite because it is a completely free of charge service – all you need to operate your Poli account is a functional bank account with available funds within. There are, however, a few downfalls to using POLi. First, you will need to apply for this service with your actual bank. Secondly, you cannot make withdraws through your Poli account, only deposits. But bar these two minor setbacks; Poli is a highly appreciated online casino depositing method.
Top-rated Neteller Casinos in New Zealand
Neteller is another free of charge service, however, unlike Poli; you can deposit and withdraw from your online casino account using Neteller. Neteller allows you to make online transactions with the peace of mind of knowing you will not have to divulge your personal banking details at any point.
Making Use of Skrill at Casinos Online
Skrill, formerly known to the public as Moneybookers, is one of the most highly regarded eWallets available. This banking method is both free to use, as well as free to sign up to. Skrill is a straight forward and easy to use online casino banking options. You will be able to deposit and withdraw from your online casino account using this incredibly secure E-wallet, making it a strong favourite amidst online gamblers.
Making Deposits into Your Online Casino Account
Making deposits into your online casino account is an incredibly simple process. There are, however, a few things to look out for before doing so:
- see whether the online casino offers the currency you wish to play in
- take a look at what depositing methods are available at the online casino and whether they suit you
- take note of the minimum deposit value at the online casino
If the online casino meets all of the above criteria, then you are ready to start funding your online gambling account. Deposits are needed if you wish to play gambling games for real money, so be sure to follow the simple steps needed to make a deposit and start winning big today.
Best Online Casino Withdrawals
In the same right, making withdrawals is as simple as making deposits from your online casino account. Once again there are a few things to check out first before committing to an online casino:
- take a look to see what the online casino’s withdrawal times are – it is highly frustrating to make a withdrawal only to find out that you will be waiting for some weeks before your funds reflect in your bank account
- at the same time, look at the withdrawal limits – most online casinos will ration players by only releasing a portion of their winning at given intervals
- once again, take a look at what types of FSPs are supported withdrawal methods at your online casino of choice
Leading Online Casino Banking
There is a lot of general information surrounding online casino banking which is often overlooked. Therefore, read on to see a breakdown of what you should be vigilant of.
Minimum deposits refer to the minimum amount accepted by the online casino when making a deposit into your account. This is incredibly important for your bank roll’s sake. For example, if you have set your bankroll at NZ$50, it is no good to play at an online casino whose minimum deposit accepted is NZ$60. Having the additional cash at your disposal will tempt you, and may cause you to play through more of your funds than actually intended.
A withdrawal limit is a set amount which you are allowed to withdraw at predetermined intervals set by the casino. For example, if you were lucky enough to win a whopping NZ$500,000 poker hand, but the casino’s withdrawal limit is set to NZ$5000 per week, it will then take you just under two years to receive your full winnings. There are a few casinos available which do not have any withdrawal limits, but these are few and far between.
Accepted Currencies at Online Casinos
This is a vital thing to check before committing to your online casino of choice. You will need to check if your desired currency of play is available at the online casino. Not all currencies are accepted at online casinos. Whilst you will be able to play in foreign currencies, the conversions may end up costing you additional fees you did not wish to face.
Frequently Asked Questions by Kiwi Players about Online Casino Banking
Is my information safe at online casinos?
This depends on which online casino you choose to play at, but generally, yes. All of the casinos featured on Kiwi Casinos will be safe for all of our readers to play at and most will make use of the SSL bit encryption system.
Will I be able to play in the New Zealand Dollar?
Once again, this depends on which online casino you choose to gamble at. The majority of online casinos offer a wide variety of currencies to make use of; however just remember to check this out before committing to play.
What is a bankroll?
A bankroll is a predetermined amount of money you set aside which you are prepared to spend on you gambling pastime.
When will I receive my winnings if I happen to get lucky at an online casino?
This is completely dependent on the online casino in two ways, which you can discover by asking these two questions;
- Whats the withdrawal time?
- What is their withdrawal limit set to?
These two things differ greatly. Withdrawal times refer to how long it will take the online casino to process a withdrawal. It is in your best interest to keep an eye out for casinos offering withdrawal times of a matter of hours as opposed to weeks. As previously discussed, the withdrawal limit refers to how much you are actually able to withdraw at one given time.