Top 5 Best Payment Providers for Online Gambling New Zealand

Gambling.com Editor

March 19th, 2018

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Choosing how you fund your online casino account is almost as important as choosing a casino itself. Different casinos will offer different methods of depositing and withdrawing funds, and it is best that players find an online casino that gives them what they require, be it secure transfers, swift service, ease of use, or all of these. Check out the various payment methods available to Kiwis for online gambling to see which one suits your setup:

1. Bitcoin

   Several digital currencies were created at the start of the century, with many touted as a way of replacing money in the future. Bitcoin became one of the most popular due to its anonymity, security, and ease-of-use. The currency relies on a peer-to-peer encryption system, meaning there is no bank or middle man to take a fee. It is a very cost-effective method of funding an online casino account. Bitcoin is now an acceptable method of payment at a number of online casinos in New Zealand, and can be bought and traded at various local exchanges. Bitcoin is stored either in an eWallet-like cloud account, or on a player’s computer. Deposit using Bitcoin by NETELLER at NetBet Casino today!

2. 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 can be used on mobile devices as well as desktop computers. Use POLi to play at William Hill Casino now!

3. EntroPay

   Although EntroPay is one of Europe’s biggest prepaid card providers, it is becoming a more common method of payment for online casinos in New Zealand. Its rise in popularity can be attributed to the number of benefits the payment system brings, not least of which is the fact that it is readily available to players who have poor credit or those who may not be eligible for a credit or debit card. EntroPay uses a virtual card operating through the VISA payment system. This means that no bank or card details are transferred with the funds, only those of the prepaid account, adding an extra layer of security to your online gambling.

   Players can start using EntroPay immediately just by completing a signup form, which gives them access to the starter level of service. However, in order to enjoy the full use of the service, with an increased limit on the EntroPay account, players will have to progress to the next basic level by verifying their email address and adding a postal address to their account. In order to fully verify the account and reach the premier level of service, you will need to submit two forms of identification: a copy of a photo ID, such as a passport or driver’s license, as well as a document that proves your address, like a bank statement or utility bill.

   Although EntroPay is free to sign up to, and avoids the hassle of a credit check, there are additional charges that you will not find when using debit or credit cards for making transfers to and from your virtual card. Transferring money from your bank account to your EntroPay card incurs a 4.95% fee, while receiving funds from other sources, such as online merchants and casinos, costs 1.95%. To shift money back to your bank account, debit, or credit card also costs A$6 per transaction. Try Casino Room to deposit with EntroPay today!

4. MasterCard

   In addition to debit cards, players can also use their credit cards to fund their online casino accounts. While MasterCard do offer debit cards like VISA, the company is far better known in New Zealand as a credit card company. Many of New Zealand’s major banks, such as BNZ, ANZ, and ASB, offer MasterCard credit cards with low rates of interest, and almost all online casinos support it as a payment method. In order to apply for one you will need to go through a credit check, and the line of credit available will be directly tied to this, so you may not be able to break onto the high rollers table with a brand new card. However, if the card is used within its limits, banks will often ask if you wish to increase the credit limit. Use MasterCard to play at Royal Panda Casino now!

5. VISA Debit

   The VISA symbol is synonymous with quick and secure payments using a debit card. Many New Zealanders will have an Electronic Funds Transfer at Point of Sale (EFTPOS) card, which works at ATMs and stores in New Zealand and neighbouring Australia, but to make online transactions, a fully-functional debit card is required. Banks that provide these include:

   • Kiwibank
   • Bank of New Zealand (BNZ)
   • Australia and New Zealand Bank Group (ANZ)
   • Auckland Savings Bank (ASB)
   • The Co-operative Bank NZ
   • Taranaki Savings Bank (TSB)

   Some banks may charge an additional fee for upgrading from the EFTPOS card to a VISA debit card, but it gives you access to the Visa secure payment system which is accepted by online casinos in New Zealand as well as across the globe. Play at partycasino using your VISA debit card today!