Online Casino Payment Methods - Which Suits You Best?
Gambling at online casinos has never been more popular. New gamblers from all over the world are joining in the fun every day. Whatever country you reside in, whether it’s New Zealand, Australia, Europe, or the UK, you will easily find casino payment methods that can cope. They deal with all types of different currencies.
But whichever casino payment method you would like to use, you first need to ensure that any financial transactions you make will be safe, go where they should and that your personal data is kept away from prying eyes. This is exactly why we have produced this guide to the best online casino payment methods – to help you to choose one that suits you best.
How We Verify Online Casino Payment Methods
There is a plethora of online casino payment methods for making deposits and withdrawals when playing online gambling games in New Zealand, so many of you might feel confused about which one to choose. Your player safety is one obvious concern but reliability and how fast payments are processed are also factors to consider.
Debit and Credit Card Casino Payment Methods
Debit and credit cards figure as some of the most popular casino payment methods, as most New Zealanders have one or the other. You register these types of cards by entering the long number printed across the card plus the expiry date and the 3-digit code on the back of the card. The most popular brands include:
The Visa Casino Payment Method
Almost every online casino offers Visa for both depositing and withdrawing, usually without any sort of transaction fee. Once you’ve registered your Visa card as your preferred casino payment method, its details will be saved safely in your player account. You won’t have to re-input them again, but when the card is renewed, you must enter the new expiry date.
The Mastercard Casino Payment Method
MasterCard credit card works exactly the same way as the Visa credit card, not only in New Zealand but globally.
If you’re gambling online in the UK via a Gambling Commission-licensed casino, you will not be able to use any type of credit card. In New Zealand, too, some casinos might block credit card deposits.
The Maestro Casino Payment Method
Maestro is operated by MasterCard. It works the same way as both MasterCard and Visa but as a debit card only. You can use it for making deposits and withdrawals.
The Amex Casino Payment Method
Not all casinos accept Amex as a payment method. Where they do, you can usually use it for both depositing and withdrawing. You can either use it as a cash card when you repay the cash-borrowed deposit within 30 days, or you can opt to pay in monthly instalments.
eWallet Casino Payment Methods
eWallets are among the best online casinos payment methods, especially for younger gamblers in New Zealand. Once you have registered your chosen eWallet, it must be funded. It’s not always possible to withdraw money to them, so check with the casino beforehand. Where they can be used for withdrawals, they are one of the fastest payment methods available
The PayPal Casino Payment Method
PayPal is probably the best-known and most used eWallet brand. It’s become very popular and universally accepted by most online casinos both for making deposits and withdrawals. Once you’ve created a PayPal account and linked it to your bank, you can fund it straight from your bank, debit or credit card and then use it as your casino payment method as you would a debit card.
The ecoPayz Casino Payment Method
ecoPayz is one of the newer breeds of eWallet and is popular with many New Zealanders. It works in the same way as all other eWallets providing a safe method you can use for both sending and receiving money through one secure transaction point.
The Neteller Casino Payment Method
Together with Skrill (see below), Neteller is one of the flagship E wallets operated by the PaySafe Group. This casino payment method has an excellent reputation for safety and simplicity. You can deposit or withdraw funds speedily and with ease and can use the Net+ card, or instead, you can return balances to your bank account.
The Skrill Casino Payment Method
The other PaySafe Group flagship eWallet, Skrill, sits comfortably and works well within New Zealand’s online payment regulations. It requires funding, as most eWallets do. Skrill has become one of the most popular eWallet casino payment methods with sites that allow minimum deposits.
Prepaid Card Casino Payment Methods
Prepaid cards are popular because they can help to control your gambling payroll. They can be bought in denominations in various currencies, from 10 units to 250 units in 10- or 50-unit increments. Brands include Visa reloadable, Amex and Visa gift cards, and the Neteller prepaid card.
The Paysafecard Casino Payment Method
The PaySafeCard is the most popular prepaid card worldwide, including in New Zealand. Like all prepaid cards, it allows total anonymity as it is secured using a 16-pin lock. The only drawback with a prepaid card as a casino payment method is that it can only be used for depositing.
Other Casino Payment Methods You Can Use in New Zealand
There are several other online casino payment methods that are growing in popularity with New Zealanders, and they include:
Bitcoin and Other Cryptocurrency Casino Payment Methods
Used by many Kiwi gamblers because thanks to the decentralised nature of Blockchain technology. It makes it anonymous and, therefore, one of the most secure casino payment methods. Cryptocurrency is now being included by many online casinos in New Zealand. Bitcoin is the market leader, but there are many other cryptocurrencies, such as Dogecoin, Ethereum, Litecoin, and Solana. Some Bitcoin (BTC) casinos offer special welcome bonuses for crypto deposits.
Klarna and Revolut Casino Payment Methods
Another couple of alternative banking methods accepted by many online gambling sites licensed and regulated by the New Zealand gambling authority are Klarna and Revolut.
Klarna is a Swedish-based payment system that gives you options to pay now”, pay later or “slice it,” depending on your preference. However, the “pay later” option could be minimised by casino operators who only accept upfront payments in accordance with the New Zealand regulations.
Revolut is another popular choice of casino payment method in New Zealand due to its simplicity and the fact that they do charge any transaction fees.
The Google Pay Casino Payment Method
Google is a well-known and trusted brand the world over, which is why some New Zealanders use it as a casino payment method for their Android devices. However, despite this, not every NZ casino offers it.
The Apple Pay Casino Payment Method
Apple couldn’t let Google get away with offering an Android payment system without offering their own system for iOS devices. It works in a similar way to the Google option, but likewise, it is not offered by every NZ casino.
Fees and Limits Associated with Various Online Casinos Payment Methods
Two key factors to should consider when choosing a casino payment method are what limits are set on deposits and withdrawals and any associated fees.
Most deposit methods are instantaneous and fee-free. The exception is the bank wire method.
As regards withdrawal fees, they vary from casino to casino and method to method in New Zealand. They’re also subject to change, so we don’t publish these as they could be misleading. We suggest you check with your preferred site. The table in the next section offers a quick guide to limits and times for popular withdrawal methods.
Something You Should Know About Casino Payment Methods
The information we’ve shown is for guidance only. The casino or payment brand can change it at any time, so you should check carefully before deciding. Also, there are some other things of which you need to be aware.
Some Casino Methods Only Support Deposits
Some banking methods, like Prepaid cards and pay-by-phone, can only be used for depositing. You cannot use them for withdrawals. It does mean that if you choose one of these, the casino won’t allow you to use it for withdrawing. You’ll have to nominate a separate method to take money out. This can delay payment times.
Withdrawal Casino Payment Methods, KYC, and Account Verification
Many online casinos in New Zealand require ID verification to process withdrawals – particularly large sums. You could be asked to supply a copy of your driving license, passport, photo ID card, or utility bill. Most sites now operate KYC (Know Your Customer) procedures which can help to speed up the verification process.
Online Casinos Payment Methods for High Rollers
If you’re a high roller, you’ll want to move larger sums of money in both directions than most modest gamblers. You should therefore avoid casino payment methods such as prepaid cards and pay-by-phone brands, where limits are tighter and could require you to use a different payment method for making withdrawals.
If you’re a high roller, you’ll likely have a bespoke account manager, and he or she might be able to help you with suggestions for moving large sums of money around.
Low Deposit Casino Payment Methods
Most sites in New Zealand have a NZ$10 minimum deposit which is fine with nearly all payment methods. But they sometimes offer low deposit welcome bonuses for NZ$1, up to NZ$5. While there are several methods you can use for NZ$5 deposits, for anything smaller, check the terms and conditions of the offer, as it will likely specify a specific payment method.
See our detailed review of each payment method here:
Instant Bank Transfer
Pay Per Call Casinos
Wire Transfer Casinos
- Is it possible to deposit with one method and use another for withdrawing?
It might be possible, but it is not advisable. To counter money laundering, casinos prefer you use one method for both. If you have a problem, talk to the site’s customer support team.
- What are the amount limitations when depositing and withdrawing?
Limitations vary from casino to casino and from payment method to payment method, so it is advisable to check with the site you want to use and the restrictions it imposes.
- Why should I choose an e-wallet as my casino payment method?
eWallets are simple to use and offer safe, secure financial transactions. They also have the benefit of facilitating fast withdrawals, anything from 0 to 24 hours, once your withdrawal request has been processed.
- Are cryptocurrency payment methods safe?
Yes, they are one of the safest payment methods available, thanks to blockchain technology which makes your financial transactions untraceable. They also have the benefit of offering rapid withdrawal times.