No, not all payment methods are available in all regions. If you are in doubt, contacting customer support will clarify exactly which options are available in New Zealand.
It’s no secret that online casinos all require digital transactions to operate, assuming that the player wants to use real money to play games. Of course, after an online casino account is created, the player will want to transfer funds into that account, use the cash to play, then withdraw any winnings. It’s all fairly straightforward. Or is it? The question that New Zealanders are most concerned with is which the fast withdrawal options are.
The fact of the matter is that transferring money back and forth between banks and casinos can be time consuming. It isn’t a matter of simply selecting to transfer cash, and hey presto it magically appears. The transaction must be processed, security checks must be run, and then the money will finally be allowed to travel back and forth. Withdrawals from casinos are the biggest culprits when it comes to being time consuming, and some New Zealanders find the delays infuriating.
This is understandable; having to sit around and wait for money to reflect in an account can be a giant pain. The good news is that great strides have been made in speeding up digital banking, with some methods being virtually instant. At least in some cases. Methods like Direct Bank Transfer, on the other hand, may still require up to 7 businesses days, depending on the circumstances.
Let’s take a closer look, check out a few popular methods, and explore the fast withdrawal options that ensure you get your hands on your winnings quickly, safely and without any hassles.
Account Verification And KYC
Before we check out casino withdrawal methods themselves, let’s first understand account verification and KYC. For those that are unaware, New Zealand online casinos will sometimes ask to see a form of identification. A driver’s license or ID card will do. It can seem like a tedious request, but it is all part of rules and regulations in the country. The local Gambling Commission has gone to great lengths to ensure that casino operators are licensed, and abide by strict rules.
Know Your Customer (KYC) is the name of the basic set of rules operators must follow. KYC tasks casinos with ensuring that they know who is playing at their site, helping to prevent problem gamblers from getting access.
Top Trusted Banking Methods
In our search for fast withdrawal options we checked out some of the most popular choices in the country. This includes Visa, MasterCard, Maestro, PayPal, Neosurf, Skrill, and Neteller. Here is some of the essential information we learned.
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VISA And MasterCard
There are virtually no online casinos on the planet that will not accept VISA and MasterCard. Deposits will generally appear instantly in a casino account and can be used immediately to start playing. There also aren’t any attached fees for the deposit However, as far as fast withdrawal options are concerned, things often aren’t as speedy. It can take several days for a withdrawal to reflect into the bank account, up to 7 in some cases.
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Maestro
Maestro is owned by MasterCard, and as such generally has the same characteristics. A debit card can be used to deposit funds, and withdrawals can be made back into the same account. Again, a few days of processing can be expected.
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PayPal
As far as fast withdrawal options are concerned, New Zealanders will want to stick to EWallet solutions. PayPal needs to be linked to a bank account and can have funds transferred back and forth between the 2 fairly quickly. The funded PayPal account can then be used to make deposits and withdrawals to a casino, with both being virtually instant. This is a faster option compared VISA and MasterCard, making it a much smarter choice.
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Neteller
Neteller is part of the PaySafe Group with Skrill and is as convenient and fast as PayPal. Neteller has a reputation for being easy to use and is lightning fast as far as casino withdrawal methods are concerned.
VIP Benefits
Lastly, it may be more than just the fast withdrawal options in the banking department that have an impact on transfer speeds. Many sites can provide faster transaction times, assuming that the player is part of the VIP program. It is seen as a bit cheeky by some New Zealanders, but the VIP program is often the surest way to get the best possible experience as far as transactions are concerned.
FAQ
Are all payment methods available in my location?
Which banking option is safe and easy to use?
When it comes to fast withdrawal options, all methods can be considered safe and reasonably easy to use. Top of the range security measures are in place, and great effort has been put into ensuring that transactions are as easy as possible. Which you decide to go with is a matter of preference.
Do withdrawals have a daily limit?
Yes, there are daily withdrawal limits at some online casinos. You can contact a site’s customer support for more information or check the FAQ page.
Which has the fastest payout timeframe?
EWallet options are generally the best fast withdrawal options and are reasonably simple to use. In some cases, EWallet withdrawals can be processed, and reflect in an account, almost instantly. Though, it is best to assume that at least 24 hours will be needed, and even longer in worst case scenarios.