Content:
- Giropay Casinos
- Rapid Transfer Casinos
- Klarna Casinos
- Revolut Casinos
- How online banking works at online casinos
- What do you need to register with an online bank?
- Payment procedures at online banking casinos
- Pros of Using Online Banking at Casinos
- Cons of Using Online Banking at Casinos
- Conclusion
With online banking, the industry of payments was divided into before and after. Now, everyone can pay online for products and services. Real money games are no exception. Players can gamble from the comfort of their home and win money sitting right on the coach. More about the best online banking methods for gambling is below in this article. And of course, here, you'll find the best casino sites in New Zealand that accept online banking.
Giropay Casinos
Giropay is an online banking method accepted at many New Zealand casinos. However, it accepts only euros so it can be a problem for some players.
It takes a few minutes to make a deposit via Giropay. And the only additional step you need to make is to register at Giropay. With your active account, you can deposit at a real money casino in an instant. Just choose it from the list of options, enter the details, and confirm your payment on the official page of your bank where you will be redirected to.
The security of the transaction is ensured by the authentication number sent to your mobile.
Giropay transfers money from your bank account to the casino very quickly. You can find the sum in your casino balance once you get back to the lobby.
Mind that your bank might charge a fee of about 1% and €0,08 per transaction. Giropay can be used for deposits only. Withdrawals are impossible.
Rapid Transfer Casinos
Rapid Transfer is a payment solution based on instant banking transfers. It was developed by Skrill, one of the most trusted companies. It is available in more than 18 countries so it's a very good option for international online casino deposits. More than 100 banks across the globe support Rapid Transfer which means that players don't have to register with the payment service account to transfer money.
Klarna Casinos
Klarna was developed for quick and easy online payments. It works in 45+ countries, which means that you can find Klarna accepted at many online casinos across the world. Klarna payments are also known as Sofort. And both are accepted by international online casinos. It's a very convenient payment solution that you can use with a mobile app. Simply download it to your smartphone and make quick online payments.
Revolut Casinos
Revolut is a convenient and very easy-to-use payment method. It has a user-friendly mobile app that allows you to deposit money in a few easy steps.
To use Revolut at New Zealand online casinos, you need to have a Revolut card or install its mobile app. Choose Revolut from the list of options, or if it’s not available you can just click Visa or Mastercard, and it will still work. Then fill out the form with the details and confirm the payment.
The money should quickly reach your casino balance. Many Revolut casinos allow you to make withdrawals with the same payment system. However, it’s all individual and some sites may ask you to use a different banking method. For example, you can cash out with PayPal at the best PayPal online casinos.
How online banking works at online casinos
Online casinos offer players to use various online banking services. Depending on where you reside, you can select to pay with Revolut, iDebit, Nordea, Klarna, iDeal, Sofort, Rapid Transfer, Giropay, Instadebit, Citadel, or Monerchy. The full list of options available to you is given on a casino platform of your choice.
Online banking services started to develop in 1994 after the first system was launched by Stanford Credit Union. It revolutionized the financial world because since then people could transfer money without visiting banks.
So when you play at an online casino, what you do is simply use the money from your bank account, sending it through a third-party service such as Giropay or Revolut.
The most important condition for using online banking is that the service must be partnered with your bank. Because some banks don’t support online gambling, your casual casino transactions can be blocked. Here comes an online banking method that helps you get round the bank and send money from your bank account anyway.
In most cases, you need to create an account with the online banking service of your choice and then you can use it for online gambling and shopping.
As soon as you are ready to deposit real money, just go to the casino website and fill out the deposit form. Usually, online casinos will prompt you to the official page of your banking institution where you can authorize the transaction. It takes a few minutes and is done.
However, this only applies to deposits. Withdrawals with online banking are either unavailable or slow. It depends on each particular casino and online banking method.
What do you need to register with an online bank?
If you have firmly decided to use online banking for casino games, you need to register at an online bank.
Once you determine which online banking method suits you better, you can sign up with a customer ID and a password you receive from your bank. Use credentials such as your credit or debit card details, expiration date, and CVV.
After this, of course, you will be asked to pass through security and verification procedures. It is obligatory because you’re going to get access to your financial account through the online banking service. It depends on the banking institution what type of security processes are required.
The registration process can be made on mobile through an online banking mobile app.
Payment procedures at online banking casinos
As we already said, most New Zealand casinos will allow deposits but deny withdrawals through online banking methods. So don’t get disappointed when you’re asked to choose an alternative method for withdrawals.
To deposit money, you need to get to the cashier section at your online casino and tap to deposit. Then choose an online banking service from the list of options and your bank. With that being done, you will be redirected to the online banking page of your bank where you need to log in with your previously created password. Then, simply enter the amount of money and confirm the payment with a verification code.
If you choose an instant bank transfer method, your money will reach the casino balance within seconds. In other cases, it can take a while but usually no longer than 2 hours.
Pros of Using Online Banking at Casinos
Using online banking at casinos has many advantages. Let us tell you the main points:
- Security. Online banks and third-party services are very secure. They use SSL encryption, double authentification, and other protective technologies to process secure payments.
- Accessibility. Literally, you can use your online bank account whenever you need it. Online banks are available 24/7. All this time you can make money transfers, see the transactions history, and use other services of your bank.
- No fees. Online banking methods aren’t costly at all. They can imply some fees, but very small so they won’t damage your budget.
- Instant deposits. Using online banking for deposits is the fastest way to fund your casino account. Once you make a request, in a moment the money is already on your casino account.
- Mobile compatibility. Online banks are now available on mobile devices too. You can be anywhere and use your bank services. Just make sure you have a stable internet connection.
Cons of Using Online Banking at Casinos
Of course, no payment method is flawless. Online banking also has a few negative points.
- Slow withdrawals. Depending on your casino and banking institution, withdrawals via online banking can take a long time. Some players have to wait up to 10 business days. But in most cases, the transaction takes about 2-5 days, provided you verified your casino account.
- Declined money transfers. Some banking institutions may not support online gambling. That is why your deposit or withdrawal request can be declined. Then, third-party companies come in handy.
- Account verification. To be able to cash out winnings on your online banking account, you need to verify your casino account. This is a requirement from gambling authorities. So, prepare your documents if you want your money.
Conclusion
There are plenty of online casinos in New Zealand that support online banking. Playing at these casinos, you can use your credit or debit bank card to make payments. Or to be more secure, you can use a payment operator that can connect your bank account with the casino account. In both ways, it is easy and safe to make transactions to and from your casino.
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