Let’s face it, if there is one thing the Covid-19 pandemic taught us it’s that nothing beats the ease of access and convenience that online casinos provide. Moreover, they offer a vast amount of games, coupled with great bonuses, ensuring there is something for everyone no matter the skill level. And with not many brick-and-mortar casinos available in New Zealand, it should be no surprise that players are going online to get their gambling fix.
Yes, finding fantastic NZ no deposit bonuses is awesome and all that – but narrowing down the best (and more importantly!) safest payment methods around is crucial.
From traditional credit and debit cards to cryptocurrencies, we’ve done the work for you and compiled a list of the top payment products Kiwis love. Knowing what options are available will help you to make informed decisions and have an overall better gaming experience.
1. Debit and Credit Cards
One of the most popular ways to make a deposit and withdraw your earnings in a secure and efficient way is by using a debit or credit card. This tried-and-true payment method has been a favorite among Kiwi players for years. Credit and debit cards are widely accepted at online casinos, making them a reliable payment option.
Visa and Mastercard are among the most well-regarded card companies within the online gambling community, as they offer high-level security utilizing SSL encryption, keeping your personal information under lock and key. These types of safety measures make it almost impossible for an external party to get their hands on your funds as you will need to verify every transaction with two-factor authentication.
2. E-Wallets
Another great payment method Kiwis love is e-wallets. While they may have been around for some time, e-wallets are known for their fast and seamless transactions allowing players to deposit and get a hold of their funds in no time. PayPal and Neteller, are two of the biggest brands that allow players to store their earnings without having to have to go through the laborious process of opening up a bank account.
One of the greatest benefits players can enjoy when using e-wallets is that they implement little to no transactional fees, allowing you to enjoy more of your winnings. You can also link your e-wallet to numerous cards and bank accounts giving you the opportunity to spread your earnings and benefit from a variety of funding options.
3. Cryptocurrency
Cryptocurrencies are experiencing a new wave in popularity as more and more online casino move to adopt them as a valid payment method. Unlike credit or debit cards, who can enable their owner to initiate a chargeback if they feel there is an issue with the transaction, payments made with cryptocurrencies offer much less risk as they cannot be undone. They are also instantaneous thanks to their peer-to-peer systems’ automatic payment verification within their network.
However, the number one reason why Kiwis love to use cryptocurrencies when gambling online is that they offer greater anonymity when playing. Whether you want to keep your gambling habits under wraps or just want to be discreet when it comes to cryptocurrencies your transitions are linked with a wallet, not a specific person. As such you can enjoy much privacy as you desire.
4. Bank Transfers
As one of the oldest payment methods, bank transfers are perfect for large deposits and withdrawals. Although they might take longer than the other methods mentioned on our list they come equipped with the protection of your chosen bank account.
Also known as wire transfers, bank transfers take funds directly from your bank account and deposit them into the casino’s account. While bank transfers are regarded as one of the most straightforward to easy-to-use payment methods, it is also important to note that you need to provide your account details which some players may not feel comfortable doing.
5. Prepaid Cards
Rounding off our top 5 list are of course prepaid cards. This option may not be as popular as the other methods on our list but it is surely worth a shot. Just like a gift card, once purchased a prepaid card comes with a specified amount of money stored on the card. Once the balance is used up you can top up the card again online or at an atm.
This is a great payment option as not only can it allow you to control your spending habits by sticking to the amount on the card but also if a hacker does get hold of your card it also has access to whatever is left on it, no more or less. It also provides a great deal of anonymity, keeping the players’ information and identity from getting in harm’s way, preventing identity theft.