Casino Payment Methods: Deposits and Withdrawals

Casino.com NZ provides players with a comprehensive guide on a plethora of safe, secure, and speedy payment methods. We are one of the most trusted online casino review experts in New Zealand, with a keen eye for legit sites with tight security, dependable customer support and a selection of great games and bonuses.

In an increasingly uncertain world, it’s imperative that every player and every transaction is 100% safe and secure. This mantra is at the heart of everything that we do; it’s the reason we expend so much time and effort on searching for exceptional NZ online casinos that offer the best, safest, and fastest payment methods.

To learn more about the casino payment methods available on our recommended casino sites, as well as information concerning their withdrawal limits, fees, processing times and more, keep reading.

When it comes to depositing money at online casinos in New Zealand, Kiwi players are in a fortunate position because there are many different options available.

Most Popular Deposit Methods 

Below we have listed the most popular payment methods in each category:

• Credit/Debit Cards: Visa and MasterCard dominate this category. These cards can be found all over the world and are very popular for depositing at online casinos. Deposits are processed straight away, and they are all processed securely too.
• E-Wallets: E-Wallets such as Skrill and Neteller are popular among Kiwi players for online casino transactions because they are very easy to use and deposits and withdrawals are credited to your account immediately. They also provide increased privacy as you don’t need to share your card or bank details with the casino.  Furthermore, most online casinos don’t charge you any fees for using these e-wallets.
• Bank Transfers: Bank transfers are the perfect option if you want to transfer larger sums to the casino as bank transfers offer a higher level of security than most other options. While they are generally more popular for withdrawals, you can also use bank transfers to make deposits to your casino account. But be aware that there can be a 1 to 3-day processing delay for the funds to be credited to your casino account.
• Prepaid Cards: Prepaid cards, such as the Paysafecard, are also perfect if you are looking for a secure and private payment method. This is because you don’t need a bank account as a Paysafecard will be pre-loaded as a voucher for the amount you require. It’s also very easy to use. Additionally, if you find that you tend to go over your budget when gambling, this card prevents that from happening because you will only load the amount you want to spend. It's also totally anonymous so your financial details can’t fall into the wrong hands.
• Cryptocurrencies: Cryptocurrencies like Bitcoin and Ethereum are becoming very popular in the world nowadays as people are starting to steer away from traditional banking methods. They are also very popular as a deposit method and this is why you see so many Bitcoin casinos all over the internet. The reason Cryptocurrencies are so popular is because they offer complete anonymity and exceptional security, which makes them perfect if you value security and privacy above everything else. Transactions are processed almost instantly, whether you’re depositing or withdrawing, and fees are extremely low or in most cases, there are no fees at all.

Casino Deposit Methods in New Zealand

New Zealand players are very lucky when it comes to casino payment methods as there are many choices.

The only one missing is PayPal as Kiwis are not allowed to use PayPal for gambling.

However, hopefully, this won’t be a problem for you given the wide range of other payment options available.

Here’s a detailed look at the most popular options, which are all accepted at online casinos in New Zealand.

Visa

Visa is the main casino payment method chosen by New Zealand players because most casinos accept them and the New Zealand banks aren’t prone to decline casino deposits, unlike many other countries' banks.

It is also a secure method because it has strong security features like CVV verification and encryption to ensure safe transactions.

Deposits are processed instantly, so you can start playing immediately.

The only downside is that withdrawals can take 3 to 5 days, as it still has to go through the bank processes once the casino has processed your withdrawal.

Main Features:

• Accepted at nearly all online casinos in New Zealand.
• Has strong security measures like CVV verification and encryption.
• Deposits are instant but withdrawals can take 3-5 days.

Paysafecard

Paysafecard is a prepaid option that is perfect for New Zealand players looking for a secure and budget-friendly method. You can buy Paysafecards at most local dairies, petrol stations and post offices.

As mentioned earlier, it is an ideal option if you tend to overspend when gambling, as it is preloaded with only the amount you want to spend. This way it prevents you from going over your gambling budget.

While it’s perfect for deposits, as it ensures complete privacy and removes the risk of overspending, it cannot be used for withdrawals. Therefore, if you have deposited with Paysafecard, you would need to request a withdrawal via bank transfer.

Main Features:

• Prepaid cards are available at thousands of dairies, petrol stations and post offices across New Zealand.
• Helps you control your spending as only preloaded amounts can be used.
• Cannot be used for withdrawals, but it is ideal for deposits.

Bitcoin

Bitcoin was never heard of in New Zealand several years ago, and even when it was starting to become popular, Kiwis were still rather sceptical about using it to deposit at online casinos in New Zealand.

However, those who did try it, realized it was the perfect alternative to traditional casino payment methods because it didn’t need to go through a bank account and transactions were secure but anonymous.

Furthermore, there are no costs or fees involved either. The only thing you need to keep an eye on is the fact that Bitcoin can fluctuate in terms of its value, so we would advise that once you receive your payout in Bitcoin, perhaps consider converting it to New Zealand Dollars straight away to ensure your money doesn’t reduce if Bitcoin takes a dip.

Main Features:

• Transactions are processed within minutes, so you receive fast deposits and withdrawals.
• Decentralized currency so no need to go through traditional banks.
• Your transactions are private.

Neteller

Neteller is another trusted e-wallet which is used at online casinos in New Zealand. All deposits and withdrawals are instant.

So, you could win funds today and have the money in your account within hours. It takes as long as the casino takes to process the withdrawal.

It's also handy for minimum casino deposit amounts as you can deposit as little as $5 with Neteller.

Main Features:

• Trusted e-wallet with simple setup and easy account linking.
• Rewards you with VIP perks, including lower fees and faster processing of large amounts.
• Offers secure and quick deposits and withdrawals.

Skrill

Skrill is another popular e-wallet among New Zealand players and operates in pretty much the same way as Neteller.

Deposits and withdrawals are also processed immediately so the funds are available in your Skrill account within minutes of requesting a withdrawal as long as the casino processes your withdrawal immediately.

You can then withdraw funds from Skrill to your NZ bank account.

Main Features:

• Supports a wide range of currencies, making it versatile for Kiwi players.
• Features a loyalty program that rewards regular users with cashback and bonuses.

Apple Pay

Apple Pay is a cashless payment method which is built into all Apple mobile phones, offering one of the safest and most convenient ways to make purchases online, in casino apps, or at physical stores.

With its advanced Face ID and biometric Touch ID features, Apple Pay ensures secure, contactless transactions with just a tap. This payment method is gaining traction globally, and many Apple Pay Casinos in New Zealand now offer this modern solution for easy deposits.

Main Features:

• Secure Transactions: Biometric authentication like Touch ID and Face ID ensures safe deposits without sharing card details.
• Instant Deposits: Funds are transferred instantly, so you can start playing right away.
• Wide Compatibility: Works with all Apple devices at many online casinos in New Zealand. 

Adding funds to your online casino account is very easy to do. Most online casinos make it as easy as possible so that you don’t give up and move on to another casino.

Below we have listed the steps you need to take to open up an account, but bear in mind that casinos don’t all have the identical process, but they all follow a similar process.

How to Deposit

1. Log In: Once you have opened up your account you can log in by entering your username and password.
2. Go to the Cashier: Locate the Cashier or Banking section, which is normally a link at the top of the screen once you are logged in.
3. Select Your Deposit Method: Choose your preferred payment option. Most casinos will only display the options available to New Zealand players.
4. Enter the Deposit Amount: Put in the amount you want to deposit, but make sure that it falls within the allowed minimum casino deposit amount.
5. Confirm the Transaction: Complete any verification steps required, such as entering a one-time password (OTP) or confirming through your banking app.
6. Start Playing: Once the transaction is confirmed, your funds will appear in your casino wallet, and you can begin enjoying the games immediately.

Our Tips for Depositing

• Look out for deposit-specific bonuses. Many casinos reward you if you use a specific payment method advertised by the casino.
• Always check the minimum casino deposit amount, as it may vary between methods.
• If using a credit card, check that your bank allows it, although most NZ banks do allow credit card and debit card deposits.

How to Withdraw 

Cashing out your winnings is the most important part of course, and you want it to be a smooth process with no hassles.  Here’s how to withdraw your funds:

1. Access the Withdrawal Section: Log in to your account and go to the Cashier or Withdraw page. This section can normally be found at the top right section of the screen once you are logged in.
2. Select Your Method: Choose your preferred withdrawal method. It is best to choose the same withdrawal method as your deposit if possible as this prevents any delays. If your payment option doesn’t allow withdrawals but only deposits, then you will need to request a withdrawal to your bank account instead.
3. Input the Amount: Enter the amount you wish to withdraw, making sure it falls within the casino’s specified minimum and maximum withdrawal limits.
4. Verify Your Identity: Most casinos normally ask you to confirm your identity by providing a copy of your passport or driver’s license. They may also ask for proof of address such as a copy of your power bill. This normally only needs to be done once, for your first withdrawal. Further withdrawals won’t require this step.
5. Wait for Approval: Once you’ve completed the steps, your request will be processed. Approval times vary. E-wallet withdrawals are usually instant, while bank transfers may take several business days.

Our Tips for Withdrawing

• Complete KYC Early: Submit your KYC (Know your Customer) documents when you first sign up because this way everything will already be verified by the time you request a withdrawal of your winnings.
• Check Fees: Check to make sure there are no fees payable on your winnings.
• Mind Limits: Find out what the casino’s maximum withdrawal limits are. In some cases, you may have to spread your withdrawals over a couple of weeks or months, depending on how much you win.
• Check Wagering Requirements: If you have accepted a bonus, make sure you have fulfilled the wagering requirements before requesting a withdrawal. 

When choosing casino payment methods at online casinos in New Zealand it's important to look at the pros and cons of each method to ensure you choose the correct one.  

To help you with your choices, here are some of the pros and cons of the popular payment methods: 

Credit/Debit Cards

E-Wallets 

Cryptocurrencies

Prepaid Cards 

By following these tips, you can choose a payment method that suits your needs. 

• Prioritize Security: Choose payment methods with encryption and anti-fraud measures to keep your transactions safe. 
• Check Transaction Limits: Ensure the payment method suits your budget by checking the minimum and maximum deposit or withdrawal limits. 
• Look for Bonuses: Some casinos offer exclusive bonuses or promotions for using specific payment methods. It can be beneficial to take advantage of these extra perks. 
• Consider Processing Times: If speed is important, opt for faster methods like e-wallets or cryptocurrencies, especially for withdrawals. 
• Ensure Accessibility: Select a payment method that is widely accepted and easy to use in New Zealand. 
• Set a Budget: Use prepaid cards or e-wallets to avoid overspending. Only deposit the amount you are willing to spend. 
• Track Your Transactions: Keep a record of deposits and withdrawals to stay organized and on top of your finances. 
• Use Casino Tools: Take advantage of features like daily or weekly deposit limits offered by casinos to help manage your gambling. 
• Understand Fees: Be aware of potential hidden fees, especially when using international payment methods, and factor them into your decision. 

Choosing the right casino payment methods at online casinos in New Zealand is the key if you want to have an enjoyable gaming experience.

Whether you look for quick payouts, instant deposits and withdrawals or simply just quick, secure and easy ways to deposit into your casino account, you will be able to find a payment option to suit.

However, just remember that if you are claiming a bonus from your chosen casino, sometimes they don’t allow various deposit options such as Skrill and Neteller.

So the rule of thumb is to do your homework first and make sure that your chosen casino payment method ticks all of your boxes.