Casino Payment Methods With Lowest Fees | Explained For Kiwis

Casino Payment methods are one of the most important factors while choosing or playing at a casino. One must feel comfortable with the payment method he has chosen. For land-based casinos, players can simply hand over the cash personally and count the chips whereas, in online casinos, deposits go to the accounts via payment methods.

Casino Payment Methods With Lowest Fees | Explained For Kiwis

Thus, online casinos offer a range of payment methods for the customers and offer the highest security levels.

Many online casinos offer free spins and bonuses when joining a specific payment method. There are plenty of payment methods ranging from e-wallets, cryptocurrency, debit cards, credit cards, etc.

Many casino platforms offer free spins and bonuses when joining and use a specific payment method. Each payment method comes with its own set of benefits and downfalls according to the priorities of a customer.

Online Banking And Payments

Online banking has become safe and secure over the years and is definitely the easiest and quickest method to transfer funds from one place to another.

Now, payment options have increased a great deal and have taken huge leaps due to technological advancements.

Quick online casino payment method guide:

  • One needs to deposit using one of the many payment methods available.
  • One can deposit and withdraw money by using bank wire, cryptocurrency, e-wallets, bank transfer, credit card, debit card
  • Checking the terms and conditions before proceeding with a payment option is very important

Types Of Payment Methods

There are plenty of payment methods offered to the punters by casinos. The most convenient and popular ones include:

Credit And Debit Cards

This is one of the fastest and easiest methods for the transfer of money. Almost all casinos offer this payment option due to it being safe and secure.

The popular types of cards include Visa, Mastercard, American Express. These virtual payment methods are available at every casino which makes them highly accessible in nature.

Kiwi players used to make $5 deposits at casinos presented by NZ CasinoDeps because of the low fees. Payments are usually never declined via this method.

However, many casinos do not allow players to withdraw money back to the card. Some casinos have fees while some casinos offer free debit card transactions and a minimum percentage between 0.8% to 1.3% on credit cards.

E-Wallets

E-wallets have become a popular payment method for online payments. There are various providers available, with the top choice being PayPal, Skrill, and Neteller. The best part about using e-wallets is that all card details are stored safely even if one has multiple cards.

Transactions are secure, free, and fast and punters prefer this payment method over the traditional card payments.

Cryptocurrencies

This form of payment has only become famous over the last few years due to the anonymity it offers. Players can withdraw or deposit money from casinos potentially doubling real money.

Bitcoin and Ethereum are the two most accepted crypto methods that are popular among casinos. These currencies are highly volatile in nature.

Pay By Phone

This is also a very popular method of payment among casinos. However, many casinos are yet to embrace this option. Other options of payment include Boku and Zimpler both of which allow the punters to move their bankroll to the credit option in their mobile devices.

At the end of a month, whatever they owe is cleared along with the customer’s mobile bill payment. The con of this option is that withdrawals cannot be made via this method.

Offline Payments

For players who are still unsure about the benefits of online payment methods, most casinos still offer an offline option which comes in the form of bank wire transfers, Western Union, and eChecks.

These options involve going to the bank for moving the funds and might involve fraudulence and foul play by using an intermediate route and storing all transaction details. This method takes time and might involve fees.

Conclusion

When it comes to choosing a payment method for oneself, there are several modes to go around. Some are more popular than others and offer a high level of security.

Some things that must be kept in mind while choosing a payment option are that e-wallets are the easiest payment method and is highly safe, payment options must be chosen keeping in mind that one is comfortable using them, reading the terms and conditions before finalizing a payment method is important too.