Which payment methods are actually the best to use when playing casino online?
A question that is becoming increasingly common as more and more payment solutions appear online.
Compare the 5 best payment methods at online casinos in NZ
We have reviewed the pros and cons of all payment methods offered at online casinos in New Zealand and here we present our top 5 list of the absolute best payment methods you can use when playing casino online and of course also why!
1. Bitcoin payments
Crypto currencies are the absolute newest way to pay and trade online. It is the payment method that is growing in popularity more than any other payment method.
The reason for this is, among other things, that transactions are made anonymously and that the casino does not need to ask you to fill in KYC (know your customer document) documents.
But the absolute biggest reason why casino players from both New Zealand and the rest of the world choose this particular payment method is that it is the fastest way to send and receive money. Fast and safe in other words.
How do I get started with Bitcoin?
To pay with Bitcoin, you must first have Bitcoin. The only way to get these is to buy them with real money. You can do this easily and quickly via services such as CoinBase, where you create a free account and buy your Bitcoins.
|Pros||Anonymous & fastest withdrawal|
|Cons||There are still not that many operators that offer Bitcoin payments|
2. Mifinity payments
Mifinity is an e-wallet with a strong focus on online casinos. Like most e-wallets, you get really fast payouts.
What separates Mifinity from many other e-wallets is that they have significantly more casinos that they cooperate with than all the others. In other words, a mifinity e-wallet ensures fast payouts at an incredible number of casino operators.
Very easy to use, very low fees and the ability to send money to 70 countries around the world.
|Pros||Connected to an incredible number of casinos, Get a virtual IBAN|
|Cons||All payment methods have different fees|
3. Paypal payments
In second place we have the payment solution Paypal, which was originally founded by Elon Musk. PayPal in particular is so popular because it has been around for so long and so many people already have a PayPal account, which makes it easy to get started and play.
Another thing that makes Paypal casinos extra popular is that even Paypal payouts from casinos are fast. A payout usually takes no more than 15 minutes and no more than 24 hours.
Last but not least, it is also very popular because via Paypal you can pay with your credit cards.
How do I get started with Paypal?
If you don’t have a Paypal account already, you quickly and easily create one for free at paypal.com. Once you are logged in, you can either transfer money from your bank or connect your cards to your PayPal account.
When you then pay, you just choose whether you want to pay with the balance on your PayPal account or whether you want it to be deducted from your card.
|Pros||The world’s safest e-wallet and fast casino withdrawals|
|Cons||Many online casinos have not integrated Paypal|
4. Muchbetter payments
Muchbetter is a newer form of e-wallet that works a bit like Paypal. You create a free account and then you can either connect your credit cards or transfer money to your Muchbetter account.
The advantage of this is that you do not give out your credit card details to casinos and that you can keep track of your gambling more easily.
Just like with Paypal, it is also the case that your casino withdrawals to your Muchbetter account are significantly faster than, for example, bank transfer.
How do I get started with Muchbetter?
Just go to Muchbetter.com and create a free account. Once you’re logged in, you can choose which services you need and how you want to move money to your Muchbetter account.
One last thing worth mentioning is that Muchbetter offers 100s of vouchers at 100s of online stores so you can get more when you shop online.
|Pros||Fast payouts and vouchers|
|Cons||Many casinos lack the Muchbetter payment method|
5. Neteller payments
Neteller is also an e-wallet that has grown to become one of the world’s leading online e-wallets. Their biggest competitor was Skrill, until they bought up Skrill as well. Now Neteller offers both Skrill and Neteller services to users around the world and is known for having the absolute fastest payouts.
However, there is a disadvantage to both of these payment methods and that is that many online casinos do not activate even bonuses if you use these as payment methods.
The advantages are fast payouts, secure online payments and a lot of other services that Neteller offers such as Mastercard, purchases with cryptocurrencies and more.
How do i get started with Neteller?
If you do not have an account, you need to create one. It’s free but you need to verify your account by entering a code sent to your bank account, which may take about 1 day to complete. You can then move money to and from Neteller or connect your credit cards to your account.
|Pros||Fast casino withdrawals and accepted by all online casinos|
|Cons||You have to verify your account the first time through the bank, which can take 1-2 days|
Ecopays is yet another so-called e-wallet that has become incredibly popular among online casinos, especially in New Zealand.
In addition to being able to make lightning-fast payouts via casinos that are secure, Ecopays offers a lot of other useful services.
For example, you can both send and receive money via Western Union completely free of charge.
Advantage number two is appreciated by big players. If you upgrade to VIP, you can make incredibly large deposits and withdrawals in a single transaction.
How do i get started with Ecopayz?
You need to visit Ecopays and create an account. The account also needs to be verified before you can use it 100%.
|Pros||Fast casino withdrawals and other great services for transferring money|
|Cons||Many online casinos lack Ecopayz|
We clearly see that the most popular online payment methods at casinos are e-wallets and Cryptocurrencies.
The common thread is also that it is precisely these that offer players the absolute fastest withdrawals, something that has also become increasingly common for players to check for.
Other popular payment methods in New Zealand
If you want to know more about other popular payment methods in NZ, we have put together a list below of the most popular payment methods.
These are not popular because of fast withdrawals, but more because these payment methods are common in New Zealand.
Choose a payment method and we will tell you more and list casinos that offer this particular payment method.