Fastest Banking Options for New Zealand Players
For a lot of players in New Zealand, and around the world, choosing how to bank and manage their online casino funds is as important a decision as choosing where to play in the first place. In the world of cybercrime, where identity theft and fraud are unfortunate realities, this is understandable.
You need to know that your money and personal information is protected, so that you have the peace of mind you need to focus properly on winning your games. And the actual processes involved in the banking method you decide on needs to be simple and to work for your situation. Among the fastest and most popular options at New Zealand’s mobile casinos are e-wallets, such as PayPal, Skrill and Neteller, eChecks and prepaid vouchers like Paysafecard.
Launched almost 20 years ago and having gone through a few changes as a company, PayPal is considered the granddaddy of e-wallets, the one who blazed the trails for the others to follow. These days PayPal is available in a huge range of currencies and can be used to transfer casino funds very quickly and easily.
Like any e-wallet, PayPal acts as an intermediary step as you are transferring funds between accounts. This can be between a bank account and a casino account, 2 different online casino accounts, your bank account and someone else’s bank account, or your bank account and the account of another vendor.
You can set up your PayPal account or other e-wallet account by going to the company website and doing it online. No background checks are required and all you need is a valid bank account and e-mail address, so the system is open to everyone.
You’ll move money between your e-wallet and your bank account on your bank account’s website, and between your e-wallet and your online casino account on the cashier interface. Money clears into your PayPal account within a few hours and usually into other accounts from the e-wallet within 3 to 4 working days. It can take longer for the first few transfers until your security clearance is proven.
Skrill was previously called Moneybookers, so you might still see it listed as such at your chosen mobile casino. It works very similarly to PayPal and funds take 2 to 5 working days to clear. Its standout feature is its rewarding 4-level loyalty system which earns you points whenever you use your account. These add up and unlock great special perks.
The Neteller e-wallet also works very much like PayPal does. What sets this system apart and makes it such a favourite is that it is particularly security-conscious and transparent; you can even read the 1998 Data Protection Act on its website. Funds can take up to 6 working days to clear with Neteller, though it often happens much faster.
One of the things people appreciate about e-wallets is that none of your personal information is shared with the casino and thus your anonymity is assured. Prepaid voucher systems like Paysafecard are even more so. You can buy them from offline vendors or the Paysafecard website and receive a unique PIN number.
Following the prompts on your online casino’s banking interface, you can transfer all or some of your Paysafecard funds. Your money is available immediately, there are no background checks to using Paysafecard and there is a fantastic Loyalty Programme. The only drawback is that you cannot use this system to cash out and make withdrawals.
Where prepaid vouchers and e-wallets are quite anonymous, electronic cheques, or eChecks, are not. They work in the same way that ordinary cheques do and you can make deposits and get withdrawals with them from online casinos. You need to enter in all your banking details and the eChecks can take up to 2 weeks to clear. The big attraction with this system is that all the established security practices of your bank are in place.