deposit and withdrawal methods in new zealand casinos

To play and win real money in NZ casinos, you must create an account and make deposits. With continuous improvement in the online casino banking system, deposit and withdrawal methods have never been easier and more secure.

All licensed casinos display adequate information on the deposit and withdrawal methods on their page. Some methods allow you to make only deposits, while others allow deposits and withdrawals.

Banking Methods at Licensed NZ Casinos

There are many banking options in the New Zealand casino industry, and here are some of the popular ones:

  • Credit & Debit Cards: You can use credit and debit cards for almost all types of online payments, and it is no different with the casino banking system. Popular cards such as Visa and Mastercard are an easy, fast, and secure method of funding your casino accounts.
  • Paysafe Cards: NZ players opt for the popular paysafe cards to deposit funds because they are secure and do not disclose information on credit cards and bank accounts. To use this method, purchase a Paysafe card voucher and deposit with the 16-digit PIN code.
  • American Express Debit Cards: Amex cards are a universally accepted method of funding your casino account. Many Kiwi players prefer using American Express cards because of its Safekey Authentication Tool, but it does not always have a withdrawal option in most casinos.
  • E-Wallets: Kiwi players who prefer fast deposits make e-wallets their first option. Although withdrawals are slower, they are still a better pick than other deposit methods. Common examples of e-wallets for NZ casinos are PayPal, Skrill, Neteller, Apple Pay, Google Pay, and ecoPayz.
  • Online Bank Transfer: You can make instant deposits from your bank account to your casino account. Although the deposit and withdrawal process might be relatively slower, it facilitates a secure transfer of funds.
  • Wire Transfer: Just like the online bank transfer, you can fund your bet account with a wire transfer. Although it is a safe and secure method, players resort to it as a last option because the deposit and withdrawal process is slow.

More About Credit and Debit Cards

credit cards iconCredit and debit cards are among the most popular casino banking systems because almost every Kiwi player owns them. Players prefer making deposits with credit and debit cards because their casino account gets funded instantly. Many licensed NZ casinos accept these cards, such as Visa, Mastercard, Switch, Maestro, etc.

Visa and Mastercard are the most popular of these cards because they have a fast and secure deposit process. While using these cards, they do not have fees attached to them, but the lack of a withdrawal option makes players look for alternative withdrawal methods.

How to Make Online Casino Deposit with Credit and Debit Cards

NZ online casinos offer the option to save your card details after the first deposit to make future transactions easier. Here are easy steps to make deposits with your credit and debit cards:

  1. Sign up and log in at any licensed NZ online casino that offers card payment.
  2. Go to the deposit section and select your card of choice.
  3. Enter the deposit amount.
  4. Provide card details like card number, expiry date, CVV, cardholder’s name, and billing address.
  5. Confirm the deposit and input the OTP to complete the transaction, if any.

Pros of Using Credit and Debit Cards

There are several benefits of using credit and debit cards, and below are some of them:

  • Most NZ casinos accept the use of credit and debit cards.
  • Using credit/debit cards for deposits ensures instant funding.
  • Credit and debit card deposits are safe and secure.
  • Credit and debit cards are easy to use.
  • With credit/debit cards, the fee charges are usually low, if any.
  • Some casinos offer bonuses and rewards, including discounts for deposits made with credit and debit cards.

Cons of Using Credit and Debit Cards

Here are some downsides of using credit and debit cards:

  • Credit and debit cards rarely have a withdrawal option.
  • Some players dislike sharing their credit and debit card information with online casinos.
  • Using credit cards may affect your credit score negatively due to losses and cash advance fees.

Cryptocurrencies

cryptocurrencies iconSince the emergence of digital currencies, they are fast becoming a global favorite payment method, even with casinos. Kiwi players who want to remain anonymous prefer using crypto because of its blockchain technology. Cryptocurrency offers both deposit and withdrawal options.

Bitcoin is the most popular cryptocurrency and the first option for crypto-friendly casinos. Ethereum closely follows Bitcoin in terms of popularity and crypto payment options.

How to Make Online Casino Deposit with Cryptocurrency

Making transactions with cryptocurrency isn’t as difficult as you think. Here is a guide on how to make deposits into your casino account with crypto:

  1. Create a crypto wallet if you don’t have one, and purchase any crypto you want.
  2. Choose a crypto-friendly casino and ensure they have your preferred crypto.
  3. Go to the deposit section and select the crypto you wish to use.
  4. Copy the generated wallet address of the casino.
  5. Proceed to your crypto wallet to make the payment.
  6. Enter the amount, paste the casino’s wallet address, and send.
  7. Confirm that the payment is successful, and check your casino account for the deposit.

Pros of Using Cryptocurrency

Using cryptocurrency as your preferred online casino banking system has some advantages that you will see below:

  • You can remain anonymous since bank/personal information isn’t needed.
  • With cryptocurrency, you can make both deposits and withdrawals.
  • NZ casinos give you bonuses and rewards for crypto transactions.
  • Crypto transactions are fast, secure, and easy to use.
  • Transaction charges are very minimal.

Cons of Using Cryptocurrency

Although a good number of NZ online casinos have a cryptocurrency payment option, there are reasons why players avoid it. Here are some of them:

  • Many NZ players avoid crypto because of its high volatility.
  • Since it’s not a universally accepted payment method, some casinos and players are still uncertain about crypto transactions.
  • Minimal transaction fees can become very high when there is network congestion.
  • Due to its decentralized system, resolving transaction issues is challenging.

How to Make Withdrawals at NZ Online Casinos

payment amount iconThere are different means of withdrawals at NZ online courses, like bank transfers, some credit/debit cards, prepaid cards, e-wallets, and cryptocurrencies. Here are some things to consider while making withdrawals:

  1. Ensure you provide all the necessary information for verification before you make withdrawals.
  2. Check the withdrawal options available and take note of two you will be consistent with.
  3. Verify if there are any transaction fees attached to your preferred withdrawal option.
  4. Check the maximum withdrawal limits the online casino has in place to make better decisions.
  5. NZ online casinos rarely offer withdrawal options for credit and debit cards.
  6. Bank Wire is very popular because it is safe and reliable but can be expensive.
  7. E-wallets like Paypal, Skrill, Neteller, and ecoPayz have fast and secure deposit and withdrawal processes.

Safety and Security Measures at NZ Online Casinos

Before depositing money into any casino account, verify the online casino’s license. Licensed casinos are responsible for providing the best gaming experience and a fast, safe, and secure payment process to maintain and renew their licenses.

However, all licensed casinos will not provide an online casino banking system suitable for you. So, you must review the casino’s deposit and withdrawal process before signing up and funding your account.

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