New Zealanders have one of the most flexible environments in which to play online casino games. Not only does the NZ gambling law work in such a way that it leaves significant loopholes for grey zones and legal gameplay, but many of the top-rated online casinos you’ll find online also support the New Zealand dollar.
If that wasn’t enough, most of the mainstream casinos accepting New Zealand players also support a plethora of payment options that work well for those in this neck of the woods. If you know how this works, we’re here to help. Let us explain how NZ online casinos deposit and withdrawals work with this brief guide.
Processing Payments at NZ Online Casinos
Firstly, you should know three key things about processing payments at NZ online casinos: what payment methods you have available, how to deposit them, and the steps for cashing out your winnings. Let’s begin by guiding New Zealanders through the basic steps below.
Popular New Zealand Payment Methods
- Credit/Debit Cards These are the most common way to pay online. These options are widely available, you will already have access to them, and they are fast when processing deposits. However, they aren’t the speediest when it comes to withdrawals, and you should always consider setting caps since credit/debit cards often have high deposit limits.
- E-wallets E-wallets are definitely the way to go if you want fast-paced transactions. The benefit of using these options is that you’re putting an extra step between your bank and the casino. Moreover, withdrawals via e-wallets often take less than 24 hours, and they often feature lower fees than making payments with bank cards.
- Prepaid cards Prepaid cards are a safer way to deposit at NZ online casinos with a bank card. These are usually issued from e-wallets or bank transfer services. A prepaid card is tied to whatever you load it with (like an e-wallet) and cannot, therefore, see you overspend. Prepaid cards can include physical and digital options.
- Bank transfers Bank transfers are commonly used to withdraw winnings, but not as ideal for deposits, as they can take a few lands to land. On the upside, withdrawing via bank transfers from a New Zealand casino can see you cash out exceptionally large sums, albeit usually for a fee and over a week or so.
- Cryptocurrencies The fastest way to get hold of your NZD winnings is to convert them into a cryptocurrency. Crypto withdrawals at New Zealand casinos are the fastest of all. You can deposit within 15 minutes and withdraw in under an hour in most cases, with exceptionally low fees. Banking with cryptos at NZ casinos may also see you qualify for a few bespoke crypto-exclusive promos, too.
Deposit Process
How do you deposit at New Zealand online casinos? The actual process is remarkably simple. Here’s what you need to know:
- Head over to your New Zealand casino, sign in and visit the banking page.
- Select your preferred payment option, then enter the amount that you want to deposit.
- Provide your payment method details in the boxes when prompted.
- Confirm the transaction using whatever 2FA (two-factor authentication) method is associated with your payment provider.
- The amount will be added to your balance within minutes.
Withdrawal Process
Let’s say that you’ve pocketed a chunk of winnings. How do you get hold of them? Again, you just need to follow these steps to get moving:
- Ensure that you’ve cleared the wagering requirements of any bonus you may have claimed.
- Head over to the bank or cashier page and select your withdrawal option.
- Choose the amount of NZD you want to withdraw.
- Enter your details when prompted on-screen.
- Submit the withdrawal request. It may take anything from a few hours up to a week to land in your account, depending on your chosen NZ casino withdrawal method.
New Zealanders who haven’t been through their casino’s KYC process step may be required to do that when withdrawing for the first time. This involves providing your personal details (residential, contact and personal – perhaps even proof of payment details) to the casino’s support team. You only need to do this once, and it is a security measure to protect against money laundering and identity fraud.
The Top 10 Payment Methods in NZ Casinos
Naturally, you want to choose the best payment methods in New Zealand online casinos. This means options that are readily accessible for you, that accept the NZD currency, and that appear at the most trusted casinos. Below, we’ve put together the perfect ensemble, a top ten featuring ideal payment methods for New Zealand online casino players.
PayforIt
This mobile-centric option acts as an e-wallet of sorts and is commonplace throughout the twin-island nation. No fees are slapped down, which makes it even more appealing. However, it’s not suitable for withdrawals – which is also true of any mobile casino payment method. Therefore, you’ll need another certified option to withdraw winnings.
Zimpler
Zimpler is another cracking little mobile option for New Zealanders looking to deposit at casinos. It’s aimed at low-rolling members, and monthly limits tend to be quite tight. However, it is super secure and relies on your phone number (not an account, so it isn’t an e-wallet), but as with all mobile options, it offers a deposit-only service to NZ online casino players.
Paysafecard
You won’t find a more secure payment option for depositing at NZ casinos. This prepaid voucher can be used to deposit NZ$10 up to a couple of hundred bucks. Because it is a voucher, your personal details remain safe. However, you’ll need another option at hand, because you can’t withdraw with Paysafecard – anywhere.
Neosurf
Neosurf immediately stands out as it has no fees associated with purchasing and using vouchers. The NZ-friendly payment option has prepaid vouchers that can be bought online or in retail outlets. Entering the 10-digit code will transfer the balance of the voucher to your New Zealand casino account, offering maximum security and anonymity. However, like Paysafecard, the option isn’t available for withdrawals.
PayPal
New Zealand is one of the few countries where PayPal can be used at online casinos. It’s handy, too, since it supports NZ dollars and is absolutely secure and reliable. PayPal deposits are instantaneous, withdrawals take just a few hours, and the limits associated with this option are considerably flexible, even for those who are just shy of being high-rollers.
Skrill
Skrill offers largely the same service to New Zealanders as Neteller, only marginally cheaper. It is available worldwide, and, in some cases, you can cash out in under a few hours. Skrill’s e-wallet can process deposits worth anything from NZ$5/20 rising to five thousand, even NZ$30,000 if your casino permits it.
VISA/MasterCard
Arguably the simplest way for New Zealanders to deposit, you’ll almost certainly already have one of these two options at hand. Both are widespread at virtually all online casinos catering to New Zealanders and can be used for both deposits and withdrawals, with fairly sizable limits in place.
POLi
A firm favourite with New Zealanders, POLi is a bank transfer and payment solution tied to New Zealand and Australian banks. As long as your bank is signed up to POLi, you can expect immediate transaction times. As it deals in NZD, there are no currency conversion fees. POLi is widespread, too, so it’s arguably the top option for New Zealand casino players to consider when betting online.
Neteller
One of the world’s leading e-wallets, Neteller, is widely available at NZ casinos. Expect around 1-2 days withdrawal times with this option, and there are fees charged by Neteller. However, it’s perfect for speedy deposits, which start at NZ$10 to NZ$20 and can rise upwards of five grand if you don’t set limits.
Bitcoin
Bitcoin is the leading cryptocurrency in the world. While it involves a learning curve, BTC is globally available are is renowned as one of the fastest payment methods for getting hold of your winnings. It offers mild anonymity, has low-to-no fees, and Bitcoin deposits may be subject to exclusive bonuses. Bitcoin deposit limits can vary from 0.0001 BTC up to 5 BTC. Many NZ online casinos won’t cap Bitcoin withdrawals, making it a perfect option for high rollers.
Things to Note About Depositing at NZ Online Casinos
Even if you believe you’ve identified the perfect payment method for your needs, it’s worth deep-diving into the T&Cs associated with using that option at New Zealand casinos. Below is everything you need to know about transaction times, limits, fees and more.
Average Deposit/Withdrawal Times
Each casino will claim to process your payments as speedily as possible. However, it is a fact that some can do this quicker than others. Generally speaking, you can ensure faster times by choosing selected payment methods over others. E-wallets are the best for speedy NZD-based transactions, and these withdrawal payments are often processed in under 24 hours. Cryptocurrencies are even better, processing NZ casino withdrawals in under an hour in many cases.
Bank transfers represent one of the slower options. While they do permit you to withdraw larger sums than most e-wallet options, you could end up waiting 3-5 business days for them to clear transactions. Wire transfers and cheques should be avoided, as the former comes with fees and can take 7-14 days, while the latter can take as long as a fortnight or even three weeks to arrive.
Fees You May or May Not Expect
One of the great things about playing at New Zealand online casinos is that most of the time, you won’t encounter any fees when depositing or withdrawing. Sometimes, this can be down to the payment provider you use. Fees are most commonly associated with wire transfers and bank transfer options or cheques and selected sites. These can vary from NZ$25 up to NZ$100, but again, this isn’t going to be the case most of the time when they are absent.
The All-Important NZ Casino Caps You May Face
For the most part, New Zealand online casinos will generally have low minimum deposit limits, starting at around NZ$5 to NZ$10. The upper end of the deposit scale can vary, though. We’ve seen casinos with NZ$5,000 caps while others raise that NZ$50,000 and some, usually high-roller casinos, have limitless deposits.
As for withdrawals, it certainly isn’t uncommon to see withdrawal limits start at NZ$5, although some may rise to NZ$20 at the base level. Withdrawal limits can reach NZ$5,000, NZ$20,000, NZ$50,000, or be completely uncapped – it really depends on where you play. Note that each New Zealand online casino payment method may also have its own caps and limits, separate from the casino.
Find Top Casinos with the Best Payment Methods for NZ Players
Do you have an idea of where you want to play? If not, don’t worry. This page is packed with plenty of top-rated online casinos, each of which offers New Zealand players access to renowned, trustworthy and conventional payment options to use when betting online.
Each site is notable for having fair transaction limits, fees and caps. It also excels at providing alternative payment methods and fast payouts and is NZ-centric when it comes to availability, acceptance of the NZD, and more. Don’t hesitate to explore our highly regarded and recommended NZ online casinos today.
Frequently Asked Questions
- What is the fastest NZ casino payment option? Cryptocurrencies represent the fastest way to get hold of your winnings – often within the hour. However, e-wallets are ideal for those who prefer NZD-based payments, taking up to a day longer.
- Do all payment methods accept NZD? No. Some payment methods do not accept New Zealand dollars. However, that doesn’t mean that they aren’t available for New Zealand casino players to use.
- Can New Zealanders play with cryptocurrencies online? Yes. There are no limitations or hindrances to playing with cryptocurrencies. If your casino accepts them, then you can use them to play online.
- Can I use mobile payment methods at NZ casinos online? Absolutely. Again, it just depends on if your casino accepts them. Google Pay and Apple Pay are arguably the most common options for New Zealanders at casino sites.
- What are VIP withdrawal limits at New Zealand casinos? Not all NZ casinos support VIP withdrawal limits. In those sites that do, this typically means that VIP members (or high-ranking members of the loyalty club) can expect higher cashout limits than those available for most other New Zealanders.