Payment methods
How can a player deposit online? The easier it is for players to wager money at the casino, the greater the company's revenue. That's why a provider invests in modern, user-friendly and secure payment methods. Players of New Zealand online casinos can choose from a combination of the following payment services for their transfer.
ideal
This is the favorite online payment service of most New Zealanders: more than 50% of all payments are made through this service! There are good reasons for this: this payment method is easy to use and the money is often in the counter account within a few seconds.
Behind the scenes, this payment service, which works via the digital environment of its own bank, is also well secured. Players can easily get into a online casino games play. It is not possible to withdraw with this payment method.
Mastercard
The other major credit card accepted at most international sites is Mastercard. Like VISA, a transaction in a Mastercard casino pretty easy: a player must fill in his name, credit card number, expiration date and security code.
A person who has already received a credit card from their bank does not need to create a new payment account either. However, the bank will add interest to the amount paid with the card.
Show
Show is one of the two largest international credit cards. With the majority of all online stores, payment with VISA is possible and that also applies to the online casinos: every provider that is worthwhile actually offers deposits and withdrawals via VISA.
Paying with these Credit Cards is easy. The bank does charge interest on the credit (money you owe).
Trustly
A banking service from Sweden that works in much the same way as iDEAL – with the difference that you Casinocasino can also take profit. Every transaction via Trustly takes place within its own banking environment, which makes the service very secure.
Trustly is also the founder of the modern Pay and Play system, where players don't even need to create an account to play.
Paysafecard
Paysafecard is a prepaid card that is available in New Zealand at supermarkets, kiosks and petrol stations. By entering the unique code on this card online, its credit will be deposited.
Such a transaction is a good choice for players who do not like to enter their personal data online. It is also possible to create a kind of e-wallet service on the internet using this payment method and have profits deposited there by a Paysafe casino .
Maestro
Many people think that Maestro a credit card is, but in fact it is a’ debit card ' – a debit card that is directly linked to an account. If a player bets money online with his Maestro card, the amount will be debited directly from his bank account.
This has the advantage that no credit debt with interest is accrued with Maestro. However, this card is much less usable than other credit cards.
LinkedIn is a payment service, with which players pay afterwards for the wagered game credit. Interest is charged on the amount that is still open. In fact, this service looks a lot like a credit card, but without a physical card.
A player who wants to use this service online must first create an account.
PayPal
Another e-wallet, but one that is accepted at far fewer sites than Skrill, is PayPal. Especially providers that Target Dollar-based players offer transfers and withdrawals with this payment method.
Again, the player must create an account before he can make transactions in a PayPal casino
Bitcoin
Bitcoin has become immensely popular in recent years and is seen by many people as a means of payment that will take over regular means of payment.
Due to the growth in popularity, some international sites already offer the possibility of depositing money with Bitcoin ! Players can transfer Bitcoin to the site via their crypto wallet and then use it for the various casino games.
No Account Required
No Account Required is one of the latest innovations in the iGaming market. Players can deposit money on the chosen site here without an account.
Players can use different payment methods to deposit money at these casinos.
Pay ' n Play Casino
Pay ' n Play is a similar trend to No Account casinos. players do not need to register to play with an online provider.
Trustly makes this new way of playing possible. Players can use this payment method to Pay ' n Play casino play.
Skrill
Skrill is an e-wallet that is offered by many international providers. This is a kind of digital online wallet, with which you can pay and on which the player can deposit money.
In order to do that, he must first create an account with Skrill and have it verified.
Neteller
Neteller is another e-wallet that can be used by many international providers. It is a simple and well-secured payment method.
Players can deposit funds into their account through Neteller. After that, they can be placed in a Neteller casino play.
Phone and SMS
Pay by phone is very popular in everyday life. It is a simple and fast way to transfer money.
With some online providers today you can also pay by phone and sms. There are several casinos that accept this payment method.
Apple Pay
Apple Pay it is a payment method developed by Apple. Apple users can use this payment method by linking a credit or debit card to their account. This allows them to pay easily over the phone.
In the iGaming world, paying with Apple Pay is also becoming increasingly popular. Unfortunately, it is not yet possible to pay with this payment method in New Zealand casinos, but this may soon change.
ecoPayz
ecoPayz is an e-wallet that allows fast online payments and withdrawals. This payment method may be slightly less popular than Skrill and Neteller, but it is still widely offered on international websites.
Read more about ecoPayz and how it works by clicking on the button below.
Neosurf
Neosurf is a provider of prepaid payment cards that allow consumers to pay anonymously at online stores, etc. In addition, this company also offers the possibility to withdraw money through a MyNeosurf account.
This payment method is often offered at international casinos, but is currently not yet available in New Zealand. Read more about this payment method on the next page.
Immediately
Sofort is a payment service offered by the Klarna Group. Immediately similar to Trustly, consumers can make deposits through a digital environment of their own bank.
Sofort is often offered on sites where better-known variants are not yet available.
Bank Transfer
Players in a Bank Transfer casino can deposit money through their own bank account. Players have to make this payment manually and this takes a little more time than with other payment services.
Read more information about Bank Transfer casinos by clicking on the button.
MuchBetter
MuchBetter is an e-wallet that can be used via mobile phone. This fairly new payment method is easy to use and is therefore becoming increasingly popular.
Also becomes MuchBetter increasingly offered in casinos.
Choosing a payment method that suits the player well
Paying Online is personal. People who pay via the internet prefer to use a service that is easy to use and that they feel safe with. Credit card holders will often also want to use their debit card to pay for products or services. People who are used to internet banking often use ideal or an electronic wallet, while others prefer a prepaid payment card, which can simply be bought at the supermarket.
A gambling provider would like to attract as many customers as possible. Therefore, there is often a good selection of payment methods for players, so that each player finds his own favorite way to pay for Play credit.
Thus, the player has a wide choice of payment methods. For example, he can choose a trusted payment service that he has been using for many years, or, conversely, switch to a more modern and faster method. Each payment method also has its own minimum and maximum rates for transactions, which can make a difference. It can also be useful to choose a payment service that allows both deposits and withdrawals.
What should a player look for when choosing a payment method?
There are several aspects that are important when choosing a payment method. Below we will discuss the main ones.
Reliability
Someone who is going to spend their hard-earned money online wants to make sure that this money arrives. And that no criminals can get to his online balance or personal data. Quite understandable, and therefore it is good to take a critical look at the reliability of the payment methods and those of the casino itself.
Payment methods used in a reliable New Zealand online casino are approved by our government and therefore meet strict requirements. For example, they use strong digital encryption methods for every connection with their customer. Also, these payment services do a lot to keep their users ' accounts and privacy safe. For example, they do not store any personal data and use 2FA (two-factor authentication) technology to log in. Unknown payment methods from abroad cannot have this type of security built in, and are therefore not always easy to trust.
Nevertheless, it is still smart to read the casino reviews.
Minimum & maximum deposit amount
Upper and lower limits are used for the deposits that players can make. Someone who wants to bet Play Money can therefore not do so indefinitely, and must always transfer at least a certain value at the same time. But making a deposit doesn't have to cost much: there are websites where the minimum deposit only needs to be one dollar. Most have a lower limit of $5 or $10.
How high the minimum deposit amount is varies by payment method. For example, for a transaction via the most commonly used payment method, the minimum deposit can be $1, while the same casino applies a lower limit of $10 for transfers from PayPal. More information about these differences can be found on the pages of each payment method.
There is also an upper limit to how much money a winner can deposit at one time (or per 24 hours). An upper limit is used to prevent e-crime and money laundering of illegally earned money. Also in this case, there is often a different maximum deposit for all payment methods. The average maximum deposit is often around $10,000.
Transaction costs
Some players expect that there are hefty transaction fees when they start depositing Play Money. That's not true: those costs are there, but the players do not have to pay that. A player in that case receives exactly the amount of play money that he transfers, and does not pay a penny extra. Casinos charge these extra fees because their competitors do too: if they don't pay the transaction fees for their players, it simply attracts fewer customers and they miss out on revenue.
Of course, there are always exceptions. There are providers who do not reimburse the transaction costs, so the player does have to pay more money on each transaction. Sometimes certain payment methods are excluded from the rule. At a casino, it can then happen that direct transfers are free of transaction fees, while a transfer from an e-wallet involves a few percent additional costs. The website always lists which payment methods incur transaction fees, and so do our reviews.
Collect bonuses with a deposit
Just about every site today offers bonuses for its players. It's a way to attract more customers and keep them happy. For the players, a casino bonus can bring many benefits: free play money from the casino, free spins on the online slots, special privileges for VIPs and the chance to win prize pools in a tournament or action.
Much casino bonuses are a form of a deposit bonus. The player can claim them if he or she deposits Play Money himself. The most famous deposit bonus is the welcome bonus, which is offered to players who deposit play money for the first time. A typical welcome bonus is an increase of 100 percent of one's own deposit: if a player transfers $100, he or she will receive an additional $100 as a gift on top of that.
There are always Terms and conditions attached to casino bonuses, and these are usually independent of the payment methods the player uses. A few such conditions can be:
- There is a maximum amount of play money that can be earned with the bonus.
- The bonus money received is valid for a limited time, for example, 30 days.
- The bonus money must first be wagered a number of times, for example roulette , slots or blackjack (played around) before the player can withdraw it to their bank account.
On the website and in our reviews are the conditions for each bonus. It is wise to read through them before a player goes after a bonus.
How does the deposit work?
How does it work to make a deposit? This step-by-step plan makes it completely clear:
- The player creates an account in a casino.
- He or she verifies the account via SMS, email and by proving the identity.
- On the payment page are all possible payment methods.
- The player chooses a payment method to deposit play money, and fills in the desired amount.
- Sometimes the player can now indicate that he or she wants to claim a bonus.
- The player confirms the payment; how this works is different with all payment methods.
- The selected amount will be transferred. Then it can be played for money.
How does the payout of won money work?
A player who is lucky can win hefty sums of money. This step-by-step plan explains how to have the profit transferred to his bank account:
- The player goes to the payout page on the website.
- He chooses one of the payment methods there that are suitable for cash withdrawals.
- The player chooses the amount of money won that he wants to withdraw.
- He confirms the withdrawal of funds; this works in a different way with each transaction service.
- The amount is now transferred to the player's bank account, e-wallet or account.
Frequently asked questions
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All payment methods are ideal the most commonly used. This internet banking service is so popular in our country, that more than 50 percent of all transactions between customers and companies are paid with it. And also in the iGaming world, this payment method is most often used for transferring new gaming credit, even if the service has to compete with the big credit cards.
There are a few reasons why it is one of the most popular payment methods. To begin with, almost everyone has been accustomed to paying with it on the internet for many years. Secondly, the payment method is automatically available to the holders of a bank account, without the need to request additional cards or create an account. After all, it is easy and familiar to use, and the transferred money is quickly on the counter account.
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Our legislation keeps a close eye on the providers of games of chance, and market forces also ensure that most payments are simply safe. Furthermore, popular, modern payment methods are well encrypted against hacks, theft and identity fraud.
In our reviews, we always research the security measures that site has put in place to keep payments safe. Furthermore, each of the payment methods has its own protections built in to make internet payments secure.
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This differs per payment method. The more modern the payment method, the faster it generally works – and payouts usually take longer than deposits, as a payout often needs to be verified. Usually, for all payment methods, there is an indication of how long it takes for a transaction to be completed.
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The law has not yet approved all possible payment methods for use in 2023. That's because our government wants to ensure the safety of players and therefore wants to properly check every payment service before it is allowed. Since the market was only released at the end of 2021, these checks can take time.
The expectation is that the Gambling Authority will also approve other payment services in the short or longer term.