Congratulations! You're a BIG winner! So, how are you going to get your money? And what is the fastest way of receiving your money from any NZ online casino? Inside this Online Casino New Zealand Guide you will find out about the process of withdrawal payments from the TOP 10 online casino New Zealand sites.
Introduction: Withdrawing NZ Dollars from Online Casinos
Playing and winning is only part of the process of making yourself super-wealthy, a huge part of actually being able to call yourself rich comes down to putting that money into your bank account. Withdrawals are, therefore, important to review and understand, not just from a safety perspective but also from the angle of process i.e. speed, terms and conditions, and methods of payment.
Through this guide, we will be discussing how you can find the fastest payout online casino NZ has, banking features to assist your withdrawals, what banking methods may suit you best in order to retrieve your money more suitably. We will also be discussing the pros and cons of the payment options that are out there in the TOP 10 list of NZ casinos online and the other recommended gambling services just outside of it.
The Fastest Payout Online Casino - How to Find?
At this stage two questions should already be circulating your thoughts:
1) Who is the quickest payout online casino?
2) How to find the fastest NZ payout online casino?
Before we dive right into the answers, we need to understand the factors of wanting an online casino quick payout and what are their obstacles, thusly, leading to the instant withdrawal casinos terms and conditions.
Why are you Wanting Faster Withdrawals?
There is a possibility that there are only two answers to this question:
1) That you simply would like to spend the money you make.
2) That you are in financial difficulty and this would lower the burden.
If the case and point lean towards the latter, then our advice would be to look at the responsible gambling options provided to you by all of the casinos listed on our site. If you are in some financial constraints, maybe the approach of betting online to relieve you of pressure may not be the right option for you.
If the answer, however, leads to the fact that you just want your money in the quickest possible time to actually make use of and spend, then you may learn that adaption is a key factor in meeting the requirements of the casino, rather than having the casino meet the requirements of you.
Payment Requirements are a Commitment to the Casino
When looking to join an online casino, there are two things to take note of and remember:
1) Not all casinos are the same in the department of payment and banking.
2) Not all banking and payment methods all work the same between these casinos.
When looking to be a member of an online casino, you have to bend to the terms of the operator, to make sure that this platform meets your requirements. If you have an online bank account with a provider that is not featured in the payment list of a casino, then you will either have to change how you bank online or change casino. There are no ifs and buts in this case.
The Process of Finding your Suitable Online Casino
Given the topic of discussion, it is fair to say that banking is one of the most important aspects when choosing at which casino you will play.
Step 1 - Wisely Choose Your Online Casino
Finding the suitable casinos that do match and provide the same terms of banking as you can be done two ways from our own site. One, you can find the information from our online casino guide where the individual casino reviews are held, or you can direct yourself to our online casino payment options where you will find the reviews of the payment services and the TOP 10 casinos that use those methods of service.
From an outside search of casinos, you can easily extract the information by looking at the banking pages of an online casino you come across. Confirming both the deposit and withdrawal options they provide.
Step 2 - Complete the Registration Process
During the registration process, you will be asked to:
- Pick a username and password
- You will provide the casino with your personal details such as full name, place of residence, date of birth and email.
Upon submitting these details, you are creating your account. It is not until you have received the confirmation email mentioning that you are able to activate your account and then log in to complete service that you will be able to set your preferred payment service.
You wouldn't want to be at this stage to then find out you are unable to select a payment process that is offered by the online casino, this is the reason why it is wise to consult our casino reviews and refer to the payment section.
Features of the Fastest Withdrawal Casinos NZ
In this section, we inform you of the features that come with accredited fast payment services. This simply covers three standard areas that are offered by all of the casinos you will find listed on our site.
After this, we inform you of the terms attributed with the optional payment services, so you can fully understand some of the small print that comes with using specialist credit cards, e-wallets and pre-payment cards/vouchers.
Standard Banking Features for Casino Withdrawal Payments
Security: All recommended casinos are associated with popular online banking services that lock and secure payments with the latest 128-bit SSL technology software. The SSL (Secure Socket Layer) software is a protection firewall and encryption tool, not only used by all major financial services and firms in the industry but is also used within the casinos online as their own data protection program. So, your banking data is secured via the SSL tool and your payment is being transferred into a casino that uses the SSL tool as its own firewall.
Reputability: All of the payment services and methods of transactions are regulated companies, whose names will look very familiar. All payment services, with the exception of cryptocurrencies, are regulated by the Financial Conduct Authority. Payments methods like Bitcoin, Litecoin and Ripple, for example, are not controlled by governing bodies and, therefore, cannot regulate or supervise these options. For more on safety and reputable aspects of bitcoin, you can find more clarity from our review found here.
Bonus/VIP Service: Rewards can often be contributed to players that use specific online payment services. In addition to this, as part of many VIP services, players can actually benefit from a fast payment service regardless of their original banking setup. These features can be obtained through a majority of the casinos located on our site, but they are considered to be super-rare in the field of bonus allowances when attributed to the special requirement of a payment provider i.e. Getting 200% more money if you were to use Skrill payment, for example.
As you know, any payment service there are reasons for payment delays. Not all services provide a 24 hours service in payment from a casino and putting the money into your original bank account. All the fastest payout online casino NZ sites have terms and conditions to adhere to and it starts with the casino's maximum payout terms.
Maximum Daily Withdrawal Amount
Many, if not all of the casinos online, are restricted by the amount they can payout per day. The average is $30,000 per day. So, with this example, if you win $1,000,000 from a mega progressive jackpot slot machine, you won't be able to withdraw the full amount unless it is done so over a period of roughly 34 days.
Payments by Cheques
Alternative methods may also mean that a casino returns the full amount won via cheque. This initial payment will, of course, mean a number of days having the payment confirmed and then awaiting the cheque, to then having the amount of time pass for the cheque to clear which, in this stage alone, can take up to 5 working/banking days.
Instant Withdrawal Casino Terms and Conditions
Here is a brief overview of the casino's terms and conditions you may face if you decide to use credit cards, pre-payment methods or if you think about using e-wallets if you want faster cash-outs. This will give you an idea of how easy the payout process is.
Deposits and Withdrawals: As mentioned before, not all payment methods provide the same level or degree of service, as you will see from our online casino reviews. One casino may offer an e-wallet service that provides both a depositing and withdrawal option, and in another casino, you may only be able to deposit but not withdraw using the same one.
This comes down to personal casino costs, as the service of using banking setups are not free for merchant vendors to use.
Charges: Note, the specific methods of banking may come with an allocated charge. This can be linked to the service itself or could be down to the amount that is being transferred. At this point, it is worth noting to cryptocurrency users that unless you join a fully regulated bitcoin casino, you could face conversion charges that turn your bitcoin into dollars, thusly, the potential to make a loss, depending on the market values at the time.
Time Period: The speed to which a payout is made will invariably change from one service to the next. The fastest payout online casino may be able to override certain factors should players be able to reach a certain level of VIP status that can return monies owed quicker than standard protocol.
Minimum Withdrawals: There are limits to what can be withdrawn from your account. Because of the cost set against the casino, the transaction has to be of value to both parties. If the withdrawal to a player's account costs more under a certain margin, then the casino will, of course, increase this if the cost upon them by the banking provider is lower. You will find that most online casinos have a minimum $10.00 limit, but this should still be double-checked when looking at the casino's individual banking terms.
Withdrawal Limits: As mentioned earlier, there are limitations on the amount that can be withdrawn from a casino per day. Some are indeed higher than others, so if you wish to be in a position where you are not affected by the outcome of lowered withdrawal amounts, then check the casino's terms from their banking page.
Wagering Requirements: This factor comes into play when winning from a bonus allowance. All players should be reading the terms of any bonus that will highlight the rules of what can and cannot be withdrawn should a win be landed. Some bonuses will allow players to withdraw the full amount and in keeping with the limits (mentioned above), whilst other bonuses may place a no withdrawal term, meaning you have to play-on inside the casino with those winnings.
What Payment Methods are Provided by Fast Payout Online Casinos NZ?
Online casinos can offer an abundance of regulated banking services that supports the New Zealand currency. Each option has its own fast banking process that will vary from other options provided. You can read more in detail regarding these in our online casino payment options guide, so here is a brief look at the various methods presented to online casino members to help secure their withdrawals should they win anything from the games they play.
Your Payment Methods Inside Fast Payout Online Casinos NZ
- Credit/Debit Card: Perhaps the most common of all methods to use to pay online for anything. The option of credit and debit cards include Visa, Maestro and MasterCard.
- Bank Wire Transfer: This is often termed as an off-line payment option whereby the payee will notify the bank to pay sums into the recipient's account, thusly, completing a bank to bank transfer.
- E-Wallet: A fast and convenient payment method, the e-wallet services are a third-party payment tool that also incorporates the best security standards which removes payment details from the final transactional point of going from the third party to casino. Options of this service include EcoPayz, Skrill, Neteller, PayPal and POLi.
- Prepaid Card: These are commonly referred to as Top-Up card payments. Purchased both online and offline, you will transfer money via the prepayment option using a serial number or code. Examples of this method include EntroPay and Paysafecard.
- Cheque: The most well-known of offline payments is this banking document that holds the casino's banking account number and sort code, along with the value and your details that allows you to pay into your own bank account at the land-based outlets of your banking provider.
- Cryptocurrency: Like Bitcoin, Ripple, Litecoin and Ethereum, a crypto coin is a specialised form of payment that allows anonymity and has the best security features of any payment model. The option of using a crypto service can allow for the fastest withdrawal process of all banking options.
How Fast are the Payment Method Withdrawals?
If you are looking for same day payout online casinos or finding instant withdrawal casinos that take no longer than 3 to 5 working days, then clarity of these sites will be found in either our payment guide of within our casino reviews.
Here are the timescales attributed to each form of payment when it comes to their withdrawals:
- Credit/Debit Card: Withdrawals can take up to 5 banking days.
- E-wallet: Withdrawals can take between 24 to 48 hours.
- Prepaid Card: It is not possible to withdraw with this service.
- Bank Transfer: Withdrawals usually take 2 to 3 working days.
- Cryptocurrency: Withdrawals take no-longer than 24 hours.
- Cheques: Withdrawals can take any time between 5 to 21 working days for the whole process to be completed.
Online Casinos that Payout on the Same Day
The fastest payout online casino is any of the operators that are suited to accept cryptocurrency payments. These are your quickest payout online casino options.
Note that you must choose the crypto sites that are specially made to service the coin because those games will be specially made for their use and the banking will allow you to deposit in cryptos and withdraw in cryptos as well.
Here are the current TOP 5 NZ online casinos that payout the same day with the use of cryptocurrency payments:
- 24VIP Casino
- Planet 7 Casino
Pick Your Fastest Payout Casino Today!
Getting fast payments from a casino shouldn't be your key primary focus when picking a casino, there are many additional factors to consider when faces with the best online casinos. Our guide on the best casino sites in New Zealand discusses this more in detail, but should you wish to know of the benefits of choosing the fastest payout casinos, then below we have compiled a pros and cons list to give you clarity about their services when it comes to withdrawal payments on the real money you win.
Pros of Instant Withdrawal Casinos
- You can access the best instant withdrawal casino bonuses if meeting the specific payment requirements of that bonus i.e. method of payment and VIP status.
- Secured banking software.
- Spend your fortune in a quicker time.
- Your option for withdrawing can be a different service on how you choose to deposit.
Cons of Instant Withdrawal Casinos
- Players may incur charges if withdrawals are at a high amount or are converted from cryptocurrency to dollar payments.
- Digital currency markets are volatile so there is no guarantee on extended profit if the market deems the trade share of the coin to be low.
- Limited numbers when it comes to same day pay casinos.
FAQ: Commonly Asked Questions Regarding Online Casino Withdrawal Processes
Here is a summary regarding the most commonly asked questions in regard to the fast payouts through online casinos.
What does ‘fast payout’ mean?
The term ‘Fast Payout’ refers to how quickly money is transferred from the casino you are registered with to your existing bank account. There are a number of payment methods that support fast payments and those completing fast payouts in less than 3 working days include: EcoPayz Skrill Neteller PayPal POLi. Bitcoin Ripple Litecoin Ethereum
Are Fast Payout Casinos Safe?
Yes! All banking services used by casinos online are approved and regulated payment services back by the Financial Conduct Authority. This covers payment made by all traditional methods of payment such as Visa, MasterCard and through to e-wallet services such as Skrill, Paysafecard and PayPal. When it comes to cryptocurrencies, they are protected by binary codes, whereby one-off serial numbers are allocated to every digital coin and cannot be copied or re-issued.
What about NZDs through fast payout casinos?
The NZ currency does not affect the speed to which a casino pays out. Any casino you register to via our TOP 10 NZ list is there as a service to handle and transaction payments specifically for the New Zealand dollar, so as it is easy to deposit, the same is made for the withdrawals.
What payment method is the fastest?
Currently, the fastest payment method on the market is any of the cryptocurrencies below: Bitcoin Ripple Litecoin Ethereum Of them, bitcoin is the most popular one. Each of these options will allow you to retrieve a payment withdrawal in less than 24-hours.
Why do payment delays occur?
There are two main factors that play a part in any seeming delay of payment. The casino needs up to 48-hours to approve the payment to make sure your winnings are legitimately fair and correct to then actually put the transaction in place. These two points could be done within 24 hours but relative to the time you play and when assessed by the accounts team. The transactional time is determined by the bank itself. So, for example, the casino could release your winnings on a Monday, this could land with the bank on a Wednesday, the bank may not get round to it on a Thursday and it shows on your account Friday once the transaction is complete. This is just one example and payments can arrive much quicker than this.
What is the importance of having a quick withdrawal process at an online casino?
The importance is all relative to the player. Fast payouts shouldn’t, however, be considered as the overall main important factor when choosing which online casino to join. No matter what method of withdrawal you use, you will get your payment in the end. For some players, however, it gives them a sense of reassurance and control over their finances to know exactly when a payment will arrive.