The gambling payment method you use defines your ability to quickly deposit or withdraw the required sum of money. Some banking solutions feature the lowest minimum limits allowing you to play at $1 deposit casino and perfectly control your budget. Others have high limits, which is crucial for high-rollers. This guide will tell you about the best-to-use payment methods for New Zealand online gambling.
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What Types of Banking Methods do NZ Casinos Accept?
Gambling sites usually offer users several different ways to deposit and/or withdraw funds. The available options are:
- credit and debit cards;
- e-wallets;
- prepaid vouchers;
- instant banking;
- cryptocurrency;
- bank transfers.
Each method has both benefits and drawbacks. It depends on your needs and preferences.
The Most Popular Banking Solutions for Deposits
You need to top up your account to play at a New Zealand casino for real money. Kiwi players usually use the following methods to do that.
American Express
This is a premium debit and credit card provider, which offers high transaction limits and lots of perks to its clients. American Express deposits are instant. You need to provide your card credentials to transfer money into the gambling account.
IDEAL
Online bank transfer iDEAL provides payments directly from your account in a financial institution. The service works like a middleman, which guarantees the casino never gets your bank account details.
EcoPayz
E-wallet payments with ecoPayz are instant and allow you to perfectly control your gambling expenditures. You need to create a wallet with ecoPayz and fund it with money before depositing funds into your casino account.
Apple Pay & Google Pay
These services offer relatively equal functionality. They allow you to link a debit or credit card to the payment system for faster and more secure transactions protected by Apple and Google respectively.
Bitcoin and Other Cryptos
Crypto deposits offer many benefits to New Zealand gamblers. You can pay for gambling with full anonymity and without any control by the central authority. Cryptocurrency transactions are usually instant.
The Most Popular Banking Solutions for Withdrawals
You can cash out the winnings from a casino if you have met all wagering requirements for bonuses. New Zealand players usually use such payment methods to withdraw winnings.
American Express/MasterCard
If you’ve deposited with a card, you’ll usually get the winnings on the same payment method. Credit card withdrawals feature high limits, but they may take from 1 to 7 business days.
IDEAL
Instant banking by iDEAL works for both deposits and withdrawals. You can send money right to your account in a bank institution. The payment will arrive in no more than 3 days.
EcoPayz
Sending the winnings to your ecoPayz wallet is a great option due to fast cash-outs and low fees. You’ll usually get the funds in 1 – 24 hours after the transaction is approved.
Bank Transfer
Most New Zealand casinos allow you to withdraw the winnings directly to your bank account without any intermediaries. Such money transfers feature a very high maximum limit but they may take up to 7 business days.
Bitcoin and Other Cryptos
Withdrawals to crypto wallets are as fast as deposits and feature very small fees. You’ll get the coins in minutes after the casino releases the funds from pending.