Payment Methods at Online Casinos

Are you looking to enjoy real money games at the best online casinos in New Zealand? You’ll be happy to know that there are plenty of banking options you can choose from. Whether you’re payment methods that offer lightning-fast deposits and secure transactions or you prefer those with hassle-free withdrawals, NZ online casinos have them all. In this guide, we’ll review the best payment methods you can find at NZ casinos, along with the pros and cons that come with using each method.

How to Choose the Best Online Casino Payment Methods

What makes some casino payment methods better than others? Well, there are several things to keep in mind, but below, we’ve outlined some of the key factors to consider when selecting a banking option for your online casino adventures. By taking these factors into account, you can ensure a smooth and secure experience while enjoying your favourite games.


One of the first things to consider is the fee structure associated with the payment method as different methods come with different fees. Most online casinos charge fees for using specific banking options, especially when it comes to withdrawals. When considering a payment method to use, you want to choose one that doesn’t have very high fees as that could end up eating into your winnings. To avoid any surprises when carrying out transactions, it’s always a good idea to check the fees associated with each payment method at an online casino. You’ll often find this information listed on the casino’s banking page or payment policy.

Always take the time to review the fee structures of different payment methods and consider your preferences and budget. By doing so, you can choose a payment method that aligns with your needs and ensures a smooth and cost-effective gaming experience.

Processing Times

Patience may be a virtue, but when it comes to accessing your funds, speed is of the essence. Different payment methods have varying processing times for deposits and withdrawals. Deposits at most online casinos are often instant, regardless of the banking option you choose, so you never have to worry about delays. However, the only time a deposit might take longer is if you’re using a bank transfer or if there are some sort of technical issues with the payment option. Unlike deposits, withdrawal processing times vary greatly depending on the banking option you use. Expect traditional banking options to take longer while modern methods, such as e-wallets and cryptocurrencies, can appear within a few hours or instantly. It’s important to always find out what the processing times for deposits and withdrawals are for your chosen payment option. While the processing times depend on the method chosen, different online casinos also have different processing times when it comes to withdrawals. Again, this is something you can learn about in the casino’s banking section.

By understanding the processing times associated with different payment methods, you can select an option that aligns with your desire for instant gratification or patience. Keep in mind that while speed is essential, security and reliability should also be factored in when choosing a payment method.

Minimum Deposits/Withdrawals

Keep an eye out for minimum deposit and withdrawal requirements. Some payment methods may have minimum limits, and if you prefer to play with smaller amounts, it's crucial to choose a method that accommodates your budget. Likewise, if you're eyeing substantial winnings, ensure that the withdrawal limits of your chosen payment method meet your requirements. We recommend you visit the casino’s banking page and find out the minimum deposit and withdrawal requirements for their different banking options, so you can make an informed decision.

Consider your preferred deposit and withdrawal amounts when choosing a payment method. Finding a balance between your budget and the minimum requirements will ensure that you can enjoy your favourite games without any restrictions.


The safety and security of your financial information should always be a top priority. Choosing an unsafe method can lead to the loss of your funds and identity theft. It’s a good idea to use banking options that use encryption tools such as SSL or TLS. The good news is, when playing at licensed online casinos, you don’t have to worry much about unsafe banking options as these options go through testing during the licensing process of the casino. Regardless, there’s no harm in reading up about the security of lesser-known payment methods before using them for your online casino transactions.

It's important to choose reputable online casinos that prioritise security and employ SSL encryption to protect your data during transactions. Plus, always ensure that the payment method you select has robust security measures in place to safeguard your information and provide peace of mind while enjoying your favourite casino games.

Accepted Cards

Banking cards are among the most popular payment methods at online casinos. Issued by many financial institutions worldwide, these cards are linked to your casino account for easy payments. By using your trusted cards, you can easily fund your casino account and enjoy seamless transactions. In this section, we’ll look at some of the most popular credit and debit cards you can use when playing at online casinos, as well as the pros and cons that come with them.


Available in more than 200 countries, Visa is undoubtedly one of the most popular card providers, offering debit, credit, and prepaid cards. It’s also one of the most convenient payment methods and is accepted at virtually any online casino you’ll come across. This means that if you already own a Visa card, you can go ahead and connect it to your casino account to make your first deposit and start playing your favourite casino games right away. You can also use your Visa card to cash out any potential winnings you make when playing at online casinos.


Another popular credit card provider is Mastercard and its subsidiary, Maestro. Mastercard has partnered with more than 250,000 institutions to distribute its cards, and just like Visa, Mastercard has become a popular casino payment method, thanks to the top-notch security and convenience it offers. It also offers different types of cards, such as debit, credit, and prepaid cards. If you’re looking to make payments with Mastercard, you won’t have trouble finding a casino site that accepts this banking option. Like Visa, Mastercard can be used for both deposits and withdrawals.

Pros and Cons of Cards

Using credit and debit cards for online casino transactions offers several advantages, but it's important to consider the potential drawbacks as well. Let's explore the pros and cons of using cards for online casino payments.

✅ Built-in security features❌ Withdrawal by card is slower than other methods
✅ Widely accepted at online casinos❌ Limited anonymity as they require personal and banking details
✅ Convenient and familiar payment method
✅ Instant deposits

Accepted e-Wallets and Prepaid Cards

If you’re looking for a payment method that offers fast withdrawals and allows you to make payments without requiring you to provide your details, then e-wallets are the right option. As one of the most common casino payment methods, e-wallets allow you to store your funds securely in electronic wallets and make transactions quickly and smoothly. This method of payment uses several security features, making them just as safe to use as traditional banking options like Visa and Mastercard. Beyond security, e-wallets also make it easy for you to order prepaid cards through their services, and these are a great option for players who are on a strict budget and want to control their spending. Below are some of the most popular e-wallets you’ll find at online casinos in New Zealand. We’ll also look at a prepaid card option for players who are not interested in signing up with e-wallets.


With over 40 million users in its user base, Skrill is a popular electronic wallet that is accepted at numerous online casinos. Skrill allows you to make instant deposits and fast withdrawals, making it a preferred banking option among most Kiwis. Like credit cards, Skrill offers an additional layer of security by acting as an intermediary between your bank account or card details and the online casino. This helps protect your sensitive information, reducing the risk of exposure to potential online threats. Skrill also offers prepaid cards to players who want to play online casino games on a budget.


Neteller is another popular e-wallet that has established itself as a trusted payment method for online casino transactions. The service is connected to your preferred banking options (credit card or bank account), allowing you to easily make deposits and withdrawals at participating online casinos. Neteller also employs a variety of security features, including anti-fraud systems, making it one of the safest banking options when playing at online casinos. Like Skrill, Neteller offers prepaid cards which you can purchase and use if you’re looking to have control over your spending while enjoying your favourite casino games.


Launched in 2000, Paysafecard is one of the most popular prepaid cards and it’s now available in more than 45 countries, including New Zealand. Using Paysafecard for online casino payments is simple. You can purchase a Paysafecard voucher from authorised retailers or online vendors. The voucher contains a unique 16-digit PIN code, which you can enter at the online casino to make a deposit. It's a great option if you’re looking to play online casino games safely and within limits or if you prefer not to share your personal or financial information online. While Paysafecard is a great option for deposits, it cannot be used for withdrawals.


EcoPayz has been around since 2000 and was one of the first e-wallets to be launched. It works just like any other e-wallet and can be used at numerous online casinos in New Zealand, allowing you to make both deposits and withdrawals. Like other electronic wallets, ecoPayz also offers a range of security features, such as two-factor authentication and advanced encryption, to safeguard your account and transactions. With ecoPayz, you can make casino payments without having to enter your data, making it one of the safest payment methods for Kiwis.

Pros and Cons of Using e-Wallets and Prepaid Cards

As with any banking option, using e-wallets and prepaid cards come with certain benefits and drawbacks. Let’s look at some of the main pros and cons of using these casino payment methods.

✅ Reduced risk of exposing personal or financial information❌ Some e-wallets can have high transactions fees
✅ E-wallets offer faster withdrawals than traditional banking options❌ Prepaid cards cannot be used for withdrawals
✅ E-wallets have dedicated apps you can download on your device
✅ E-wallets offer instant deposits
✅ Easy and convenient to use

Other Payment Methods

While credit/debit cards and e-wallets/prepaid cards are the most common payment methods you’ll find at many NZ casinos online, there are other options available as well. These alternative options cater to players who prefer different approaches to managing their casino payments. Let's explore some of these other payment methods, so you can have a broader perspective on the different options you have at your disposal.

Apple Pay

If you own an Apple device such as an iPhone, iPad, or Apple Watch, then Apple Pay is a great way to make payments at online casinos. A service of the tech giant, Apple Inc, Apple Pay works by connecting your Apple wallet to any banking card such as Visa and Mastercard, making it quick and easy for payments. If the online casino you’re playing at accepts Apple Pay as a payment method, then you can easily make instant deposits. The only downside to using this payment method is that you won’t be able to request withdrawals with Apple Pay.

Google Pay

Developed by Google, Google Pay is another digital wallet and mobile payment service that allows for secure and convenient transactions at online casinos. Just like Apple Pay can only be used by Apple users, Google Pay can only be used by Android users and works by linking your Google Pay wallet to your preferred credit/debit cards. While it can be used to make instant casino deposits, Google Pay cannot be used for withdrawals. This means you’ll have to use another banking option to cash out any potential winnings you make.

Bitcoin and Cryptocurrencies

Crypto casinos have been gaining a lot of popularity in the last couple of years and this is for good reason. They offer several benefits to players that they simply can’t get with other traditional payment methods. One of the main benefits of making transactions with cryptocurrencies, such as Bitcoin is that you can expect your winnings to appear in your account instantly or within a few hours when making withdrawals. This makes them one of the fastest payment methods available to Kiwis. Bitcoin casinos also offer decentralised and secure transactions through blockchain technology. Payments made with cryptocurrencies are anonymous and do not require you to share your personal or financial details, adding an extra layer of privacy and security to your online casino experience. This makes crypto payments particularly attractive to Kiwis.

The main drawback of using cryptocurrency is that there aren’t many online casinos that accept this method of payment. Plus, they’re also highly volatile, meaning the values of your winnings can change drastically.


NZ players no doubt have plenty of casino payment methods to choose from when it comes to funding their accounts and requesting withdrawals. However, each banking option comes with its own unique benefits and drawbacks, and it’s important to consider these before making your first deposit at an online casino. For the best gaming experience, only make payments with secure payment methods and at licensed online casinos to avoid getting ripped off.

Final Thoughts

In New Zealand, online casino enthusiasts are spoiled for choice when it comes to payment options. Many prefer traditional casino payment methods, but there's an increasing trend towards using modern alternatives. For those who prioritize anonymity, a Paysafecard casino can be an excellent choice, as it doesn't require sharing personal bank details. Similarly, Bitcoin casinos have risen in popularity due to their decentralized nature and the potential for swift transactions. For players seeking the trust and convenience that comes with a recognized name, PayPal casinos are often a top pick. When it comes to setting a budget for gaming, some players appreciate the affordability of $10 deposit casinos, while others might opt for a slightly larger budget with $20 deposit casinos. Beyond deposit amounts, many casinos attract players with enticing offers like deposit free spins. And, for those wanting to play with local currency, there are plenty of NZ Dollar casinos to choose from, ensuring a tailored gaming experience for Kiwis.


What is important when selecting a casino payment method?

When choosing a casino payment method, ensure that the option you choose makes use of security features, such as SSL or TLS and authentication tools. Other than that, it’s also essential that you only use banking options that have a good reputation.

What casino withdrawal methods are faster?

The speed of casino withdrawals can vary depending on the payment method you choose. However, cryptocurrencies and e-wallets have some of the fastest withdrawal times, taking just a few hours to reflect in your account. In some cases, if you’re using cryptocurrencies, your potential winnings can be credited almost instantly.

What is the best casino payment method for New Zealanders?

It’s hard to tell you upfront which payment method is the best for New Zealand players, as all the options we’ve talked about offer enhanced security measures. Each payment method comes with its own set of benefits and drawbacks, so it’s up to you to find out from our review which option best suits your needs.