Top 5 Best Payment Providers for Online Gambling in New Zealand
One crucial aspect to consider when it comes to online gambling is the safe transfer of your funds between a casino and your bank account. Advancements in technology have seen the development of payment services specifically designed to handle large transactions securely.
To assist NZ players in selecting the best payment options to meet their needs, we have put together a collection of the top five most reliable payment providers for online casinos in New Zealand.
1. Visa Debit and VISA Electron
VISA is immediately recognisable in almost every country in the world as one of the most common electronic payment systems.
The main difference between VISA Debit and VISA Electron is that the latter is offered on accounts that may not be eligible for overdrafts. This means that payment on Electron cards will only be processed if the funds are physically in your account, removing the risk of you becoming overdrawn.
2. MasterCard
MasterCard is one of the world’s most recognisable card payment systems, with over 23 billion transactions processed through its network each year. Almost all online casinos offer MasterCard debit cards as a payment option for both deposits and withdrawals.
They utilise an eWallet account called MasterPass to compete with other popular online wallet systems.
Their payment cards and eWallets have several built-in security features, including SecureCode, optional mobile verification and a 24/7 fraud helpline.
3. PayPal
Originally a subsidiary of eBay, PayPal now has over 20 million users. Widely accepted by online casinos, PayPal offers an easy-to-use mobile app and speedy withdrawal options.
Using PayPal for transfers between accounts is free, but you will be charged currency conversion fees when using PayPal in non-NZ casinos. These rates will vary depending on the country.
For further details about PayPal, explore our complete guide to find the top PayPal casinos.
4. Neteller
Owned by Paysafe Group, NETELLER was founded in Canada in 1999. In 2000, they were responsible for processing more than 80% of gambling industry transfers.
Today, NETELLER operates through the MasterCard payment system in over 200 countries, including New Zealand, offering a physical Net+ Prepaid MasterCard. Similar to the casino industry, NETELLER offers a VIP system with five tiers based on how often you use your account.
5. POLi
POLi is a popular online payment system that is part of the Australia Post company. It can be used by customers of many Australian banks who accept the payment method, with 18 in total supporting it.
It offers players who do not have a credit or debit card, or those who do not wish to put those card details online, a way to make instant online bank transfers to an online casino. However, it cannot be used to make withdrawals.
The service is completely free, and is transferred via a secure 2048-bit SSL encryption. It is accepted by a wide range of New Zealand online casinos and pokies sites, and can be used on mobile devices as well as desktop computers.
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