Credit and Debit Cards
Probably the most commonly used method of payment worldwide, outside of cold hard cash are credit and debit cards. The Visa, Visa Electron and Mastercard are accepted at almost all online gambling operators, while cards such as Maestro or American Express are also offered as deposit methods at some.
Many people are nervous about sharing their credit card numbers, but you can take some precautions. If you enjoy playing online casinos, you might also consider keeping one debit card strictly for this purpose and only depositing money into it when you mean to deposit online. This way, you can keep track of your cash flow.
Visa and Visa Electron cards are fast and reliable for both deposits and withdrawals, while Mastercards very often do not receive withdrawals from online casinos, but are always available for deposits. Deposits with credit and debit cards are always instant, while withdrawal processing will come down to the operator, but should usually not take longer than a day or two.
RMC Score: 5/5
The other common method for online casino players are e-wallets. The most popular e-wallets include Skrill, NETeller and PayPal while some smaller e-wallets are also used by players, especially in some countries. Here in New Zealand, PayPal is the preferred e-wallet. PayPal offers you a chance to deposit directly from your e-balance or deposit money from your attached cards, without sharing the card info with the casino operator, which many players appreciate.
Other e-wallets such as Skrill and NETeller also allow you to deposit money from your card into your e-balance and then deposit it to the casinos, risk free. You will not even share the e-wallet password with the casinos, making your money 100% safe. E-wallet deposits are usually instant, while withdrawals may take a day or two to process, depending on the operator.
RMC Score: 4/5
Many players, especially those who transfer large amounts of money back and forth, are simply nervous of possible online fraudsters that may come in the form of e-wallets. In addition, sometimes e-wallets have a low limit and can stop you making larger withdrawals or deposits.
Bank Wire Transfers are a great way for some people to move their money around.
Providing the ultimate security and anonymity, wire transfers are the preferred banking method of many high rollers and high stakes gamblers. For those who prefer using online bank transfers, many online casinos now allow the use of the POLi payment processor as well.
Wire transfers come with some fees attached you may not have with the other previously mentioned methods, but they also provide much more security and privacy, which can be crucial to some players. When you make a deposit via wire transfer, unlike some other methods, you will have to wait a few days before you can see this money in your casino balance. Withdrawals will take several days as well, but if your privacy and safety are crucial to you, then this method may be the best for you.
RMC Score: 3.5/5
Prepaid cards or vouchers, such as the Paysafecard and Neosurf are becoming more and more popular in some regions for online banking. The advantages of this type of payment methods are no banking details will be shared anywhere and that you can self-regulate your deposits.
To use Paysafe Card or Neosurf, you will have to walk down to the nearest reselling point and purchase the actual cards and then use the numbers online to make your deposits. Deposits with these methods are instant, while withdrawals will need to be made using a different banking methods as prepaid cards don’t really work both ways.
RMC Score: 3.5/5
What To Choose
With such a wide choice of payment methods, players are left with a lot to decide. New Zealanders in particular prefer PayPal over all others although POLi as a payment system in New Zealand is most widely used.
If you have access to none of these options, prepaid vouchers are available from several companies allowing you to use real cash money to buy cards and use these cards to make online deposits.
Each of the payment methods that the best online casinos in NZ use have their advantages and disadvantages and the ultimate choice will come down to the player. If you prefer really fast banking credit and debit cards can be used to instantly move your money into a casino. If you prefer to keep your baking details safe, you will want to use an e-wallet in-between and the most distrustful of players may want to use a bank wire transfer to keep as private as possible.
If you have access to none of these options, prepaid vouchers are available from several companies allowing you to use real cash money to buy cards and use these cards to make online deposits. Once you are ready to withdraw, you will usually have to use a methods you used in the past to deposit with. This way casinos make sure no shady business is happening, so if you decide to use a prepaid card, make sure you have another method ready for your withdrawal and make a small deposit from that method as well to let the casinos know you 100% own that method as well.