A complete answer to these questions will give you an overview of how reliable and reputable a casino is. More importantly, you need to be sure the casino allows you to use NZD to play your favorite games without restrictions.
With that said, continue reading this review as we unveil the most popular banking options in classic New Zealand online casinos. In this review, we will also guide you on how to make online casino deposits safely and easily. Without further ado, let’s start learning.
Popular Online Casino Payment Methods for NZ Players
Here are 8 most popular online casino payment methods for Kiwi players in 2024:
Mastercard
The internet world normalizes the use of Mastercard for online payments, especially in casinos. Kiwi casinos offer Mastercard options for their users to deposit and withdraw their funds day in and day out.
Mastercard, as a company, launched in 1996. During this year, it stood as a solid competitor against the popular Visa company. Visa was formerly called BankAmericard at that time.
Lo and behold, the company strived strongly to become one of the biggest banking companies with unmatched usage in over 200 countries.
For the most part, Mastercard online works in a similar method across every platform. When it is time to make payments, users will have to enter a piece of honest card information. And to complete the payments, a random pin or OTP will be sent to your phone. As a form of security, this OTP is usually issued by the financial institution or bank for players to use.
As a reputable banking company, Mastercard excels in almost every aspect of payments in online casinos for NZ players. It is fast, cheap and reliable. The best part about this payment option is its promising lucrative aspect. Players ready to grab mouthwatering casino bonuses will get the most with Mastercard.
Visa and Visa Electron
Another popular banking option for online casino payment in 2024 is Visa and Visa Electron. They are one of the most used online payment options across different countries. As a strong competitor against Mastercard, Visa Inc excels in every possible way.
If you are familiar with the difference between Visa and Visa Electron, you are good to check the next payment option.
As for beginners, these two payment options are owned by the same company but work in different ways.
For instance, Visa is a universal payment network readily providing credit, debit, and prepaid card options for netizens to make instant payments. With the credit card option, Visa users are free to use funds within their credit limits. While debit and prepaid card options allow users to use available funds in their accounts.
On the other hand, Visa Electron works by allowing users to make payments with available funds in their accounts too. In the end, both Visa and Visa Electron deliver a fast and secure banking experience to online users. No wonder many NZ casinos accept Visa payments for their players to use.
Bank Transfer
Bank transfer is a common banking option that online users to make payments without the use of cards, like Mastercard and Visa. It is popularly called Wire transfer and Bank wire on the internet. It is one of the simplest forms of online banking options for online users to transact.
Bank transfers are a simple payment method that facilitates the transfer of funds from one bank account, usually the user’s account, to the recipient’s bank account.
In casinos, the players will be required to transfer the deposited funds to the bank account of the casino. In addition to having a swift banking process, Bank transfers are one of the simplest and cheapest options to use at an online casino for Kiwi players.
However, withdrawals can take as long as 3 to 5 days, which is considered too slow for many bettors. Besides that, bank transfers are secure and quick.
More exclusively, Bank transfers are transitioning to a faster method, called the Instant bank transfer. With these options, players are promised more secure payments while getting near-instant transactions. In just a few minutes, casino deposits are processed with this method.
Kiwi players can always access POLi, iDEAL, and many more instant banking options at a good virtual casino in 2024.
E-Wallets
E-wallets are one of the most popular, if not the most, online banking options across the internet. Due to the high convenience, swift operations and profound security, e-wallets top the chart as one of the most financial solutions for Kiwi players at an online casino.
Speed is the greatest factor of e-wallets. Online users get the chance to experience lighting-fast transfers and instant deposits. This deposit takes as fast as 1 minute to process the transaction. For gamblers, this is a big opportunity for them to gamble on the go without waiting hours for deposits.
More importantly, they are simple to use!
To process a transaction using e-wallets, all you need to do is create an e-wallet account. From there, you will be required to link your e-wallet account to your bank account. And like this, you can easily transfer and withdraw funds in and out of your casino account.
Kiwi gamblers ready to use this option for deposits will need to go to the casino banking section to check the available e-wallet methods. Then, you have to select your preferred option, enter your desired amount, follow the remaining required steps and wait for the transaction to be processed. And within a few minutes, your account will be credited.
However, they are not usually the best deposit option if you want to claim a welcome bonus. Most online casinos rule out e-wallets as an acceptable payment method for bonuses.
Nevertheless, you get to use a wide option of instant payment methods and cheap fees. Some of the most popular e-wallet transaction includes Skrill, Neteller, PayPal, Payz, MuchBetter, Zimpler, and many more.
Maestro
Just like the way, Visa Inc own Visa Electron as an associate option, Maestro is the associate option of the renowned Mastercard. However, it is a bigger universal payment service provider invented by Mastercard and Europay in 1992. The fact that these two brands are multi-talented and global payment service providers, Maestro is a good banking option.
Besides a unique colour display around the Maestro logo, there is almost no difference between Maestro and Mastercard.
However, Mastro exists as a debit card service that has more user interface options than the usual Mastercard. For your information, Maestro allows users to transact easily with selfless interface options, like spending limits, receipts tracking, and a distinct mobile platform.
To use Maestro as a Kiwi gambler, all you need to do is provide your card details, follow the simple verification guide, and wait for your transaction to be approved in no time.
The only issue it might incur is a quite distant process for withdrawals. Online casinos do not readily make it available for players to withdraw due to this distant process. An ideal solution to this issue is by using an ATM to process the withdrawals. But, prepared for the cost.
Prepaid Cards
Almost every adult knows how prepaid cards work, right?
Prepaid cards are another popular financial solution for online gamblers in New Zealand. The best part of these cards is how economizing it works. As a gambler, you might need to watch your expenses as you gamble. Prepaid cards present a solution to this case by allowing players to manage and control their expenses.
For the most part, prepaid cards are in the form of vouchers that anyone can purchase at a local store. Thanks to this, it does not require the use of a bank before carrying out its transactions.
Some of the most available prepaid card options in NZ casinos are Paysafecard, NeoSurf, etc. And to deposit with these options, all you need to do is present your casino the 16 digits pin on the card by first scratching the security ash cover on the card. Take note that it is only the funded amount on your prepaid card that will be deposited to your casino.
Another important to know about prepaid cards is that they do not support withdrawals. And some of them may require you to verify your identity before furthering any transaction, especially for online gambling.
Cryptocurrecies
And the best of them all is Cryptocurrency.
If you want to gamble online as a Kiwi and you need a fast, secure, private, cheap and anonymous banking option, cryptocurrencies are your guy. You heard it right!
Besides all these, banking with these options has no limit. This implies that you can always rely on cryptocurrency options to avoid cases of currency conversion and the use of a bank. More interestingly, it is impossible for any bank or financial institution to track your crypto transactions.
However, not all casinos for NZ gamblers in 2024 accept this exclusive payment option.
But for those that accept them, prepare to get the best possible banking experience with its swift and anonymous operations. Some of the most popular cryptocurrency options you will find in NZ casinos are Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and Dogecoin.
To start using crypto options at a casino, you will need to first create a crypto wallet at a reliable crypto platform, like Binance. This wallet is where you store your bought currency too. You can always buy these assets from a crypto exchange or bank of your choice.
To deposit, access your crypto casino banking section and choose the cryptocurrency of your choice. Then the casino gives you a unique wallet address for you to transfer your funds to. Transfer the funds and start gambling!
NOTE: Cryptocurrencies are volatile assets and tend to fluctuate in price. In the end, this may have a positive or negative impact on your bankroll.
Are There Other Online Casino Payments Methods for Kiwi Players in 2024?
Of course, there are many other payment methods that you can use at a NZ casino. Some of which include:
How To Deposit in an Online Casino for New Zealanders (Step-by-step Guide)
Depending on the banking option you decide to use, there are many ways to deposit at an online casino in NZ. For the most part, this is a step-by-step guide to depositing:
Select a Reliable Online Casino
Pick a reliable and reputable online casino. This is one of the most determining factors that you will enjoy in your gambling journey. So, choose a reliable casino with a license and good customer reviews.
After selecting the right casino, go ahead to sign up and create an account as a new player. Complete the registration process by filling out the required personal information. If required, complete the email verification process too. If there is a no-deposit bonus for NZ players, claim it and start playing for free.
It is time to log in! If you are asked to log in after creating your casino account, log in with the required information.
Go to the Banking/Cashier Section
Once you have entered the casino, visit the banking or cashier option to deposit. For most casinos, to access this option, you may have to click your balance. Anyway, it is, just make sure you go to the banking section of the platform.
Then, select your preferred payment method from the available ones listed in the casino.
Follow The Required Steps
To deposit using your preferred option, follow all the required steps by the banking option. If it is a card banking option, enter the card details.
Cross-check and Confirm Payment
Before you finally confirm the payment, cross-check every detail, especially the amount you wish to deposit. Once you have reviewed the payment and you are okay with it, then click Deposit to confirm.
Depending on the payment method and the casino you register with, your deposit should be processed in a few minutes. Once that is done, select the game of your choice and start playing!
Conclusion
Before you choose a payment method for an online casino in NZ, make sure you consider their banking operations. Are they quick enough? Do they have enough payment options? Do they charge extra for currency conversions? Is the casino secure for real money transactions? Once the casino can answer these questions, that is a go-ahead sign for you.
FAQs
-
What Payment Methods Are Available at NZ Online Casinos?
Basically, every online payment method is available at a casino that accepts NZ players. Some of the most popular are credit card options, prepaid cards, e-wallets, bank transfers, and cryptocurrencies.
-
Do I Get A Bonus for Depositing Real Money at a NZ Online Casino?
Of course. Most casinos that accept NZ gamblers offer exclusive welcome bonuses. However, most of these bonuses will be available when you register and deposit the minimum required amount on the platform. Unfortunately, payment methods like e-wallets may not allow the casino to give you a deposit bonus. Mastercard and Visa are most suitable for this.
-
Which Payment Method is The Fastest?
For the most part, E-wallets are the fastest payment option to use in an online casino in NZ. Some common e-wallet options include Skrill, Neteller, and Paypal.
-
How Can I Deposit To My Casino Account?
All you have to do is create and log in to your account, access the banking or cashier section, select your preferred payment method, enter all the necessary details (including your deposit amount), enter the bonus code (if there is one), and confirm the payment. Most NZ casinos offer near-instant deposits.
