Deposit and withdrawal methods at online casinos
The wide range of different payment methods available today means that in order to meet the growing popularity of online gambling and adapt to the trends and demands of players in terms of gambling transactions, modern online casinos must enable deposits and withdrawals using the most popular payment solutions.
Moreover, the payment methods offered by casinos must be characterized by high convenience, flexibility, and security – after all, this is what players care about most. Therefore, online casinos today offer a multitude of payment methods from various categories.
Payment cards
Credit and debit card payments remain among the most popular payment options at online casinos. A key advantage of payment cards is that they are widely accepted and convenient.
Kiwis most often use the most popular cards, i.e., Visa, Mastercard, and Maestro, issued by various fintechs and payment services, for example, Revolut.
Pros and cons of using payment cards in NZ online casinos
- Visa and Mastercard are supported at nearly all NZ-friendly online casinos.
- Most players already have a card and know how to use it for online payments.
- Casinos use SSL encryption and Verified by Visa/Mastercard SecureCode to protect card payments.
- Funds are usually credited to your casino account immediately after payment.
- Unlike e-wallets or crypto, you don’t need to sign up for a separate service.
- It can take 2–5 business days to receive your winnings back to your card.
- Some casinos exclude card payments from bonus offers or free spins.
- Some NZ banks may block or decline gambling transactions.
- Your name and bank account may appear on the casino’s records and transaction history.
- If the casino doesn’t support NZD, your bank may charge extra fees for currency exchange.
E-wallets
E-wallets are a very popular solution for depositing and withdrawing funds at online casinos, as well as for storing funds. They allow you to maintain balances in various currencies and make instant gambling payments with minimal, or sometimes even zero, processing fees.
E-wallets are widely accepted at online casinos, with some of the most popular ones including Skrill, Neteller, MuchBetter, and MiFinity.
Pros and cons of using e-wallets in NZ online casinos
- E-wallets often offer some of the quickest payout times, usually within 24 hours.
- Your bank details aren’t shared directly with the casino, making it a more private way to pay.
- Many NZ-friendly casinos support popular e-wallets like Skrill, Neteller, and PayPal.
- You can deposit only what you load into the wallet, helping you manage your spending.
- Most e-wallets have easy-to-use apps for quick deposits and withdrawals on the go.
- Some casinos exclude e-wallet deposits from claiming welcome bonuses or promotions.
- You’ll need to register and verify your e-wallet account separately before using it.
- Some e-wallets charge fees for deposits, withdrawals, or currency conversions.
- Some wallets may not directly support NZD, which can result in additional exchange fees.
- While popular, not every online casino accepts every e-wallet provider.
Bank transfers
This is a traditional payment method that works well for online casino transactions. However, New Zealand players primarily use bank transfers to withdraw money from casinos, as this option is rarely available as a deposit method.
Furthermore, due to legal restrictions, Kiwi players at foreign online casinos are forced to use alternative bank accounts, rather than those offered by New Zealand commercial banks such as ANZ, ASB, Bank of New Zealand (BNZ), Westpac, or Kiwibank. The most popular solutions include Revolut, Klarna, and Payz.
Pros and cons of using bank transfers in NZ online casinos
- Bank transfers are one of the most secure payment methods, backed by your financial institution.
- You can deposit and withdraw directly using your existing bank account.
- Many NZ online casinos support bank transfers, especially for withdrawals.
- Ideal for high rollers or players who prefer to move larger amounts.
- Some casinos offer instant transfers via NZ-specific services like POLi.
- Deposits may take hours, and withdrawals can take 2–5 business days to complete.
- Bank transfers are better for larger amounts due to the minimum limits and slower speed.
- Some casinos may not include bank transfers in bonus-eligible payment options.
- If the casino doesn’t support NZD, your bank may charge extra for foreign currency transactions.
- Some casinos or banks may request identity documents before completing a transfer.
Mobile payments
The rapid growth of mobile gambling has led players to use mobile payments in online casinos increasingly. Operators, of course, recognize this trend and are increasingly accepting solutions in this category. Mobile payments allow players to conveniently, quickly, and seamlessly deposit money into casinos using their smartphones.
In New Zealand, the leading solutions in this respect are POLi, Google Pay, and Apple Pay.
Pros and cons of using mobile payments in NZ online casinos
- Payments are processed instantly, letting you start playing right away.
- Perfect for players using smartphones or tablets; seamless integration with casino apps or browsers.
- Apple Pay and Google Pay offer tokenised payments, improving privacy and security.
- POLi is specifically designed for New Zealand users and works directly with local bank accounts.
- These methods often work with your existing bank or mobile wallet, without additional signups.
- Not all online casinos support mobile payments like Google Pay or Apple Pay yet.
- Most mobile payment methods (especially Apple Pay and Google Pay) do not support withdrawals.
- Some casinos exclude POLi or wallet-based deposits from welcome or deposit bonuses.
- POLi transfers are bank-based, so you’ll need an eligible account to use them.
- Refunds or withdrawals may require switching to a different method (like bank transfer).
Cryptocurrency wallets
Cryptocurrencies are popular today not only as an asset to invest in but also as a means of payment, including for online gambling. It’s currently one of the best alternative payment methods because, due to the decentralized nature of cryptocurrencies, transactions using them are characterized by a high level of security, anonymity, and privacy, as well as low fees.
Kiwis today willingly pay in online casinos with Bitcoin, Ethereum or Tether, using popular cryptocurrency wallets such as Coinbase Wallet, MetaMask or Trust Wallet.
Pros and cons of using cryptocurrency in NZ online casinos
- Both deposits and withdrawals are often processed within minutes, regardless of bank hours.
- You don’t need to share banking or card details with the casino, offering added anonymity.
- Many crypto transactions come with minimal fees compared to traditional banking methods.
- Ideal for international platforms that accept players from New Zealand but don’t support NZD.
- Some casinos offer special promotions or higher limits for crypto users.
- Great for players interested in blockchain casinos or provably fair games.
- Only select online casinos support cryptocurrency payments, and support varies by coin.
The value of your crypto can change rapidly, even between deposit and withdrawal.
Crypto transactions are final and irreversible, so mistakes can’t be undone.
You need to set up and manage a crypto wallet, which can be confusing for beginners.
While not banned in NZ, crypto gambling exists in a legal grey area and isn’t regulated locally.
Prepaid cards and vouchers
Prepaid cards – more commonly known as prepaid cards – and vouchers are a great alternative for all players who don’t want to use mainstream payment methods and prefer not to disclose their financial details. Prepaid cards and vouchers with specific values can be purchased online or from local retailers, and then used to top up their casino balance, all with the highest level of anonymity, simply by entering the card code.
NZ players willingly choose this solution for casino transactions, and the most popular services are Paysafecard, Neosurf and Jeton.
Pros and cons of using prepaid cards in NZ online casinos
- No need to share your personal banking or card details with the casino.
- You can only spend the amount loaded onto the card or voucher, helping you control your spending.
- Transactions are usually processed immediately, so you can start playing right away.
- Ideal for players who don’t want to use their personal banking info for gambling.
- Vouchers like Paysafecard and Flexepin can be bought at supermarkets, petrol stations, or online retailers in NZ.
- You can’t use prepaid cards or vouchers to withdraw winnings; you’ll need to choose another method, like bank transfer.
- Not all online casinos accept prepaid payment methods.
- Prepaid vouchers usually have lower deposit caps (e.g., NZ$100–NZ$500), which may not suit high rollers.
- Some casinos may exclude prepaid deposits from certain bonuses or promotions.
- If you lose your voucher code, there’s usually no way to recover it.
How to make a deposit and withdraw your winnings
Depositing funds into a casino is essential if we intend to engage in real-money gaming. Withdrawing money from a casino is similar; we top up our balance to win, then withdraw those winnings to use for daily payments. Understanding these two procedures is therefore crucial.
How to deposit in an online casino?
Regardless of which casino you choose to play at, the deposit process is very similar in most places, differing only in the details related to specific payment options. To make a deposit, you must follow these steps:
- Go to the payments section
After logging in to your casino account, locate the payments section and select “Deposit” – or sometimes “Cashier”.
- Select a payment method
Choose the payment method you prefer from the available options at the casino, such as a payment card or e-wallet.
- Enter your deposit amount
In the payment form, specify the amount you wish to top up your casino balance, taking into account the minimum and maximum deposit limits – note that these limits vary by casino. Furthermore, if this is your first deposit and you want to take advantage of the welcome bonus, make sure your deposit amount is high enough.
- Confirm the transaction
Depending on the payment method chosen, additional confirmation of the transaction may be required, for example via SMS code or in the mobile app.
How to withdraw money from an online casino?
Withdrawing funds from a casino is an even more enjoyable and simple process. The process is almost identical in most casinos:
- Complete the formalities
Before withdrawing money, check whether your funds are eligible for withdrawal (have they been turned over the appropriate number of times) and whether you have passed the necessary identity verification.
- Go to the payment section
Locate the “Withdrawal” option on the page.
- Select withdrawal method
Select your preferred withdrawal method, such as bank transfer or e-wallet withdrawal.
- Enter the withdrawal amount
Define in the payment form how much money you want to withdraw, taking into account not only the one-time transaction limit but also periodic limits.
- Confirm withdrawal
When processing a withdrawal, the casino may require additional transaction authentication and identity confirmation.
How to select the right payment option for an online casino?
Selecting a payment option for online casino deposits and withdrawals might appear irrelevant at first. In fact, it’s a very important detail. The right payment choice can greatly affect your entire gaming experience.
Today, the selection of payment solutions for online payment is vast, and to ensure we have the best available payment experience at online casinos, we must choose a payment solution that will be convenient, safe, and effective. What follows are the most significant factors to take specific heed of when choosing the most appropriate payment method for gambling payments:
- Security
Security is the most significant consideration when choosing a payment method. The chosen method should be licensed and have robust data protection mechanism in place such as encryption and the ability to create additional authentication credentials.
- Reputation
In choosing a payment provider, one ought to consider the overall reputation, reliability, and popularity of the provider. One should check whether the payment method has a good reputation in the online gaming industry and what the reviews are from customers who utilize it to make payments at casinos.
- Availability
The other essential consideration is the level of availability of a payment method. Here, you have to verify not only the availability in your location but also whether a given payment method is well accepted in online casinos, more so in the casino where you will be playing.
- Versatility
Your ideal payment method should preferably offer both deposit and withdrawal options. This will spare you the trouble of looking for an alternative.
- Speed
Transaction speed is an important aspect to consider. It’s worth choosing payment options with the quickest deposits and withdrawals available so that you can top up your casino balance in no time and have equally quick access to your winnings.
- Fees
There are additional fees on certain payment methods, such as account management fees, currency exchange fees, and deposit and withdrawal fees. Therefore, it is prudent to effectively scrutinize and compare transaction fees on payment methods and choose the least expensive one.
Best payment methods by player type
Every type of player has different requirements for online casino NZ payment methods – be it speed, security, or high limits. Based on our experience, we present the best methods for different needs.
Fast payouts: Top methods for instant payouts
The list of the fastest withdrawal methods in Austrian online casinos, according to our test:
- Skrill: 0-24 hour.
- Neteller: 0-24 hours.
- Bitcoin: 1-2 hours.
- Payz: 0-48 hours.
- Trustly: 0-24 hours.
To maximize withdrawal speed, we recommend verifying your identity early. Many casinos require proof of identity before the first withdrawal, which can help avoid delays.
Maximum security: The safest payment options compared
Our tests have rated the following online casino payment methods as particularly secure:
- Paysafecard: No bank details required, 100% anonymous.
- Apple Pay / Google Pay: Biometric authentication with Face ID or Touch ID.
- POLi: Direct bank transfer with the highest protection.
- Bitcoin & Cryptocurrencies: Decentralized blockchain technology with secure encryption.
All of these methods offer protection against fraud and data misuse. Our evaluation shows that Apple Pay, Google Pay and POLi are the most secure options for regular payments. Our team found that most New Zealand online casinos accept POLi as a payment method.
High limits: Payment methods for high rollers and VIP players
Players with large amounts prefer payment options with high limits:
- Bank transfer: Up to NZ$100,000 per transaction.
- Skrill VIP: Up to NZ$50,000.
- Neteller VIP: Up to NZ$50,000.
- Crypto: No fixed limits.
VIP players should spread large amounts across multiple methods to minimize risk. Casino sites with particularly high limits include Skycrown Casino and Nine Casino.
Casino bonuses and payment methods: What you should know
In the online casino sector, payment methods play an important role in the awarding of bonuses. Specific payment methods are often excluded from bonus programs, which players should consider when choosing their payment methods. The most common payment options are:
- Skrill: in more than 70% of casinos.
- Neteller: in more than 60% of casinos.
- Paysafecard: in more than 40% of casinos.
- POLi: in more than 80% of casinos.
The choice of payment method can affect bonuses and wagering requirements. Online casino payment methods such as credit cards or bank transfers often offer better bonuses, while e-wallets such as Skrill and Neteller have higher wagering requirements. Statistics from tests of over 100 casinos show that players using traditional payment methods, on average, benefit from lower wagering requirements and better bonus terms.
The optimal combination of payment method and bonus depends on individual preferences and the goal of receiving the bonus with the lowest wagering requirements.
Final thoughts on online casino banking options in New Zealand
In New Zealand, clear trends are emerging in the development of top payment methods in the online casino sector in 2025. Our research found that payments via mobile devices have increased by 35% in the last 12 months, reflecting the growing demand for flexibility and accessibility. Furthermore, 50% more casinos now support cryptocurrencies, as they are becoming increasingly popular as a secure and fast payment method.
In addition, regulation and the introduction of stricter KYC requirements will be further strengthened to ensure player protection through fraud reporting. We expect the introduction of new payment methods, particularly through technological innovations such as biometric authentication and open banking, which will make payment transactions more secure and faster.
Players should prepare for these changes by learning about new payment methods and regularly reviewing their security practices, especially when using mobile devices and cryptocurrencies.
Although online casino payments are a mystery to many beginners. In reality, it’s not that complicated. By using our site’s deposit and withdrawal tips, our recommended payment options, and our criteria for choosing the right payment method for casino transactions, you can be sure that casino payments won’t pose any challenges. On the contrary, deposits and withdrawals will be easy, fast, affordable, and, above all, 100% secure.
