All that you want to know about banking methods in online casinos.

Choose the right banking method for making or withdrawing payments from your casino. Alternatively, select a gambling website such as newzealand-online-casino that works with a host of payment options.


The importance of right banking methods

A good banking method doesn't charge too much money when you withdraw your money. Similarly, no payment gateway should charge you for depositing money while creating your casino account.

E-wallets as banking methods

Several online casinos work with e-wallets such as Skrill and Neteller while accepting or making payments. Opening your account in an e-wallet is very easyand involves very few steps.

PayPal as a banking method

PayPal was launched in the late 1980s and is one of the most popular e-wallets in the world. Its service is free and making an account is very easy.

  • Currency conversion is free
  • Many online casinos accept PayPal

Credit and Debit Cards

You can make your first deposit using your Mastercard, Visa or American Express credit or debit card. There will be small processing fee but your payment will be safe.

Some casinos are barred by credit card companies so check before hand if your website works with any of these companies. Of course, you must have a credit card.

Visa and American Express

Millions of merchants work with one of these credit card companies. All the payments being processed by these card companies are 100 percent secure and incredibly fast.

Mastercard as an option

Mastercard is a worthy rival to Visa. If you are an American and prefer that country's online casinos then Mastercard is good and efficient option for you.

  • Credit card companies use SSL technology to process payments
  • Don't make any payments on public WiFi networks.

Depositing cheques online

If you prefer the old fashioned way of making payments, then deposit cheques via net banking. Not all online casinos accept this mode of making payments though.

Making payments through mobile

Make your payments on the go with your mobile. If your online casino can be accessed through the mobile phone, this option works quickly and efficiently.

How does it work

First, your casino should be ready to take mobile based payments. Go to the casino page, select the amount to be deposited, and fill in your phone number.

Your deposit will be added to your next mobile bill. Your phone provider should approve this mode of payment though. Vodafone in the U.K makes payments by this mode.

Bank wire payments

If you are a high roller, banking by wire transfer is the right mode of payment for you. Your bank sends the payment directly to your casino's bank.

Bank wire transfer method is quick and there is little or no charge on payments. While it is a popular banking method, check with your bank if it supports it.

  • It is safe and secure
  • Large amounts can be transferred

Since you can transfer very large amounts of money through this method, we would urge you to play responsibly. It is better to set a self-imposed limit.

Other banking methods

Trustly is based in Stockholm and is used by many players and online casinos in the European Union to make online payments. Trustly is safe in all respects.

Paysafecard is a prepaid card for making online casino payments. It is used globally and supports several currencies. Paysafecard is safe and you can manage it very easily.

Gamblers living in Australia and New Zealand can use POLi as a trusted payment gateway. Launched over a decade back, this banking method is used by over 33 million customers.

Last modified: 23 January 2021