Payment Methods: The Essentials
Casino payment methods make all the difference and affect your experience when you gamble online. You want to use reputable payment services with a long history of serving clients from New Zealand.
Whether you deposit from a bank or a card or use e-wallets, you want speed and security. NZ payment providers provide all that and more. To sum up, gamble with the processors that make you comfortable and enable a smooth experience.
Online Casino Payment Methods in New Zealand in 2023
Before gamblers can start playing casino games, they need a fast and secure deposit option for funding their online casino accounts. Luckily, the best NZ casino sites have no shortage of quality payment systems.
Some deposit methods also allow casino sites to process winnings in the same way. Other payment providers work only for deposits, and you need a different withdrawal method.
An Overview of Online Casino Payment Methods in New Zealand
NZ casino operators support renowned banking options on their sites. There is plenty to choose from if you are an online casino player. Here is an overview of popular payment methods available in New Zealand.
- VISA, MasterCard, American Express, and Maestro (both as debit cards and credit cards).
- Instant banking and regular bank wire transfers.
- Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Tether, etc.).
- Pay By Phone
The Different Online Casino Payment Options
As can be seen, we have dozens of casino secure payment methods for depositing and withdrawing from gambling sites. Don't worry if it seems too much; we have tested everything and will tell you how they work.
Some of you use multiple casino payment methods, while others stick to the one they are most comfortable with. You may like their processing times or the low transaction fees.
In either case, we will explain how all payment methods casino work and how you can use them favourably. Each online casino deposit and withdrawal method has certain limits and fees you should know. Finally, online casinos process some payments on the same day; you must wait a few business days for others.
Credit Cards and Debit Cards
|Popular Credit/Debit Cards||Deposits||Withdrawals||Min. and Max. Amounts|
|✔️ VISA, MasterCard, Maestro, American Express||Instant||Up to 4 Days||NZ$5 to NZ$25.000|
Debit and credit cards are instant casino deposit methods widely accepted worldwide. What's more, people use payment cards in all spheres of their lives. That's why they are also a favourite choice among NZ casino players.
Add your card details to the platform to use debit cards as casino payment options. Online casinos use secure systems to protect your financial data against theft and abuse. You must add the card info only once, and the casino operator will encrypt and save it.
Our Experience with Card Payments on Online Casinos
Generally, we didn't experience difficulties using debit and credit cards as online casino payment options. They are widely accepted, the casinos charge no deposit fees, and the transfers are quick. However, our research led us to know Kiwis prefer VISA cards to other brands.
One positive aspect of casino payment methods like credit cards is the ability to make mobile payments. And after we added our banking details, we had no issues with using mobile devices to wager.
Advantages of Using Credit and Debit Cards
Cards as payment methods for online casinos certainly offer NZ bettors several significant benefits.
- Simple and instant deposits.
- Worldwide support.
- Guaranteed player protection.
- Wide deposit and withdrawal limits.
- Cashback rewards.
- Chargeback in case of fraud.
Electronic Wallets (E-Wallets)
|Popular E-Wallets||Deposits||Withdrawals||Min. and Max. Amounts|
|✔️ PaPal, Neteller, Skrill, MuchBetter, Jeton, WebMoney, EcoPayz, InstaDebit||Instant||1-2 Days||NZ$10 to NZ$6.000|
E-wallets are the second most popular payment method casino options. They are a bridge between your bank account and the online gambling site you have registered with. Players based in New Zealand have the freedom to use many e-wallets when gambling.
Besides, other banking methods can hardly overtake their simplicity. You only need the casino's registered email address to fund your betting account. That makes e-wallets ultra-safe online casino payment options.
The Benefits of Using E-Wallets
E-wallets as casino payment methods are, by and large, useful for many reasons.
- Low transaction fees.
- Strong encryption and fraud prevention.
- No revealing of sensitive financial information.
- Easy to set up.
- You can fund them with bank transfers or debit/credit cards
Our Experience with E-Wallets
The adoption of electronic wallets is increasing in NZ casinos. The registration process is simple; you can access them from desktop or mobile devices. In our experience, the fastest payout times are for digital e-wallets.
Some online platforms still don't support PayPal as a casino secure payment option. That could change in the future. Even so, using e-wallets helped us track our gaming habits and stay within the budgets we set. In some instances, the casinos processed our payouts in a few hours
|Popular Prepaid Cards||Deposits||Withdrawals||Min. and Max. Amounts|
|✔️ Paysafecard, Revolut, Flexepin, AstroPay, Neosurf, KOHO||Instant||1-3 Days||NZ$5 to NZ$1.000|
Prepaid cards and vouchers are available in dozens of countries worldwide, including New Zealand. You can top up your card by purchasing and entering a code from a sales point in your location.
Each card has PIN protection that only the buyer knows. Thus, it guarantees maximum security of user funds. You can upload money in these casino payment methods with cash, which protects your privacy.
The Pros of Using Prepaid Cards
If you use prepaid cards and vouchers as online casino payment methods, you can enjoy several benefits.
- You share no identifiable information with your bank.
- Online casinos don't store your bank details.
- You can top up prepaid cards with cash on the street.
- You can use them with native mobile apps on modern smartphones.
Bank Wire Transfers
|Deposits||Withdrawals||Min. and Max. Amounts|
|2-5 Business Days||2-7 Business Days||NZ$50 to NZ$50.000|
Bank wire transfers are the slowest payment methods for online casinos, but they are still worth considering sometimes. If you are depositing or withdrawing thousands of NZD, you might want this to go directly to your bank.
On the negative side, the waiting times are substantial, and you must wait for several business days. That is fine if you aren't in a hurry and plan to bet on events in the future.
Mobile Payments via Phone
The growing popularity of mobile devices has resulted in the introduction of mobile payments in New Zealand. Surely, their most significant benefit is not having to create additional casino payment methods to gamble online. You can deposit money directly through your phone carrier.
But don't forget, your mobile operator will charge these payments to your phone bill at the end of the month. I.e., Boku, Google Pay, and Apple Pay are up-and-coming payment methods casino options gaining popularity among NZ players.
Apple Pay is available on iPhones and iPads, enabling you to pay in stores or online using your smartphone. You can load your Apple Pay account from your bank account or use a credit or debit card.
In any event, your financial institution stays in the dark regarding what you use your money for. Apple Pay transactions are instant and don't require inputting sensitive information on the online casino.
The Benefits of Mobile Payments in Online Gambling
If you make payments with an Android or iOS smartphone, you enjoy various benefits.
- All-in-one devices: Instead of using one gadget for betting and another as a casino payment option, you can combine the two. It's more efficient having one device that serves all purposes.
- Anyone with a smartphone can configure and use mobile payments. They are available and affordable no matter where you are.
- Gaming when on the go. Using mobile online casino payment options, you don't have to sit in front of a computer. Online casino games, thus, are available to you everywhere.
- More security. Mobile payments are encrypted to protect your banking information from being accessed or stolen. Further, unauthorized transactions can't happen as fraud detection systems prevent them.
- Speed benefits. Mobile casino payment options are fast and provide immediate access to many casino games.
Cryptocurrency Payment Methods for Online Casinos
|Popular Cryptocurrencies||Deposits||Withdrawals||Min. and Max. Amounts|
|✔️ Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Tether, Ripple, Dogecoin||Instant||1-5 Hours||NZ$5 to NZ$25.000|
Digital currencies such as BTC, LTC, or ETH are anonymous, fast, and secure as casino payment methods. Crypto is gaining more momentum in NZ casinos as users have realized its potential.
You need minimum knowledge to use cryptocurrencies, like knowing how to purchase them and installing a digital currency wallet. When you are all set, you will significantly benefit from a privacy boost and protection against inflation.
The Advantages of Using Cryptocurrencies as Casino Secure Payment Options
We can list many reasons you should try crypto the next time you gamble online.
- Firstly, online casinos offer players greater welcome bonuses and more free spins for cryptocurrency deposits.
- You enjoy anonymous transactions.
- Instant transactions and quick withdrawals.
- Low transaction fees because there are no 3rd-party middlemen.
- A decentralized casino payment option resistant to account closures and outside influence.
- Lastly, more valuable wins when crypto prices increase.
Our Experience With Bitcoin and Similar Cryptocurrency Coins
We noticed that they popped up on the online casino balance as soon as we broadcasted our crypto payments. Cryptocurrency transactions are quick and quite cost-efficient. We also maintained anonymity using crypto wallets on phones and desktop systems.
Sadly, not all platforms support digital currency assets as online casino payment methods. That is a factor that can improve in the upcoming years. Crypto volatility is normal, and you should be familiar with the process if you use it. While performing our tests, we experienced significant price fluctuations in both directions.
|Popular Instant Banking Options||Deposits||Withdrawals||Min. and Max. Amounts|
|✔️ iDebit, Citadel, eCheck||Instant||1–7 Days||NZ$10 to NZ$5.000|
With instant banking, you can transfer money instantly from your online banking app to a casino or sportsbook.
After you enter the needed information on the page, your bank will initiate the transaction. The funds move directly from your bank account to your casino betting account. Instant banking choices are reliable casino payment methods regardless of the type of service that you use.
The Advantages of Using Iterac and Similar Instant Banking Methods
Online money transfers into and from your casino account are faster and more efficient. It's important to realize that instant banking transactions are swift and only take 30-40 minutes to process.
Players have the added benefit of not needing to own a credit card/debit card or e-wallet. Robust security and encryption systems further ensure that payment providers never share your banking information with a casino. Since the funds move directly from A to B, the associated transaction fees are minimal.
What to Consider When Selecting Casino Payment Methods
You should first check if the casino supports it in the first place. Some online casinos allow players to deposit using specific online casino payment options. Unfortunately, the same possibilities don't exist in the case of withdrawals. Read the site's FAQ or payments page before you make a real money deposit to prevent future problems.
Kiwis who prefer gambling with cryptocurrency can look at our source for popular crypto casinos in 2023. It will be especially useful for those who realize that digital currencies aren't available where they initially intended to deposit.
We recommend playing with widely used banking methods available for years and decades. Independent authorities must regulate them and guarantee the safety of your funds. Lastly, the payment methods for online casinos you choose must be easily understandable so you don't make any mistakes.
Regulated online casinos need to respect the law and follow regulatory guidelines. As a result, all players who register an account with them need to undergo KYC and verify their identities. That happens immediately after signing up or before the platform sends your first withdrawal.
Which Online Casino Payment Methods are the Safest and Most Secure?
The safety and security of client funds and personal information are the main objectives of all casino secure payment options. Regardless of your pick, the brands use sophisticated measures against illegal access.
All your data is encrypted when payment processors and casinos transfer it through their channels. Some casino payment methods, for example, provide players with unique codes only they can know. Digital money on payment cards and bank accounts has insurance, and financial institutions can charge it back for you.
Similarly, online payment providers use additional safety steps to give access to financial data, like two-factor authentication. 2FA means you must provide the system with a unique code you received on your phone. Online platforms send these 2FA codes via SMS, email, or the Google Authenticator app.
Which Banking Option is the Fastest?
Our experience has shown that cryptocurrencies and e-wallets are the fastest as long as casinos process payments in time.
If many players request payouts simultaneously, the casinos will need more time to process withdrawals. Credit and debit cards are fast deposit methods, but withdrawals are slower. You must usually wait two or three days for the money to reach your bank account.
E-wallets VS Credit/Debit Cards: What is Better?
The choice of payment methods casino options depends on each person individually. In other words, your bank can see if you used your debit card on a gambling site. These charges will also appear on your bank statements.
If that doesn't present a privacy issue, feel free to use cards for online gambling. You can create a barrier between your bank and your gaming activities by uploading money into an e-wallet. After that, the link breaks, and your bank doesn't know what happened next.
Are Credit Cards Mandatory to Play Online?
You can choose the casino payment methods you want; credit cards are one option. E.g., instant banking, traditional bank transfers, prepaid cards, and e-wallets can function without a credit card. To achieve complete financial independence, we suggest trying crypto coins and tokens.
Who Can I Talk to if I Don't Know How to Deposit/Withdraw Money?
All casinos we have ever reviewed and recommended to you have professional customer service departments. Those are your primary reference points in case you run into unforeseen issues.
Phone support and live chat are the quickest ways to get in touch unless you prefer email contact. It's a good idea to read the T&C and FAQ of the services you use, and we highly recommend them.
How Do Online Casinos Pay Players Their Winnings?
Gambling sites prefer you withdraw using the same online casino payment options you used to deposit. You can use an alternative method from the list whenever that's not possible. We want to highlight the importance of discussing that with the customer support service.
Do Casino Payment Methods Depend on My Location?
Some jurisdictions restrict players from using certain casino payment choices or gambling online in general. Ensure you are always following the local laws wherever you are.
Our Top 3 Payment Methods for NZ Players
We have listed dozens of payment services you can utilize on online casinos in New Zealand. The next three are our overall favourites altogether.
- Debit Cards: Most Kiwis own a debit card to help with everyday expenses, bills, and shopping. They also represent safe and low-cost options to engage in online gaming. You can use debit cards like MasterCard and VISA on all NZ casinos we have reviewed. The deposit and withdrawal limits are comprehensive to suit beginners and VIPs.
- Skrill: To emphasize, Skrill is the e-wallet with the lowest transaction fees when transferring money online. It's a beloved choice for sports bettors and fans of live casino games. Loyal Skrill customers can enjoy lower costs and VIP perks if used extensively. On top of that, you also get excellent casino bonuses on your favourite online gambling platforms.
- Paysafecard: One of the most important features of Paysafecard is remaining anonymous if you top up your balance with cash. Players in New Zealand can purchase vouchers in local stores without connecting to other digital casino payment methods. Paysafecard's privacy-saving characteristic is one reason the best online casinos support it.
How We Rate Popular Payment Methods for Online Casinos
In short, we test each online casino banking method individually to determine which ones are the best for you. Our job is to do the work for you to have all the essential information to make your decisions.
When we rate online casino payment methods, we consider transaction fees and processing times above everything else.
The money must move fast so you can focus on gaming immediately. We won't suggest payment processors that don't fulfil all our requirements to our players.
How do I pay at an online casino?
Deposit money with supported fiat or crypto casino payment methods to start playing online.
What are the best casino payment options?
The best payment methods in New Zealand include bank deposits, e-wallets, cryptocurrencies, credit/debit cards, and prepaid cards.
Can I use my credit card to deposit in casinos?
Yes, of course. Credit card payments are widely accepted worldwide.
Which online casinos send payouts immediately?
Check out the fastest payout online casinos to find gambling sites with instant withdrawals in New Zealand.
What is the minimum online casino deposit?
There are no strict rules, and it depends on the site. For example, some casinos will accept NZ$1 deposits. At the same time, their competitors could require the minimum to be NZ$5 or NZ$10.
Lars Wahlström is a recognized leader in the iGaming industry, with over 20 years of experience from both the tech side and an operator. He's now CEO and Publisher at ARGO Gaming Group, the company behind Casinoclaw.
Games and gambling has been an interest of Lars' since early years and besides slots and casino, he's also into poker, sports betting and trotting.
All this experience is drawn upon when he writes, and we dare say he's one of the best casino writers out there. Lars' base is the ARGO HQ and Stockholm office, but he travels a lot and often participates in industry trade shows and panels. To get in contact with Lars, use our contact page or message him directly on LinkedIn or Twitter.