Which Were the Most Used Deposit Payment Methods in 2024?

Deposit methods Deposit methods

Credit and debit cards continue to be the most widely used payment methods while being up against several competitors including eWallets

In recent years, everything has changed so much that having a credit or debit card is no longer just a luxury, but a necessary condition for facilitating your lifestyle and eliminating the need to carry cash. Expectedly or not, cards are still the most popular payment method globally, although they have serious competition in the face of digital wallets. New Zealand is no exception. Moreover, cards are the most used casino deposit methods among Kiwis. To learn more about which banking methods are accepted at gambling sites, our complete article about New Zealand online casino payment options.

Credit Cards

According to The Global Economy ranking, based on data collected over 10 years (2011-2021), 57.21% of Kiwis own at least one credit card, placing us 16th among nations. Against the background of these statistics, it is logical that in 2022 credit cards continued to be the most used means of payment in New Zealand and according to ppro.com the credit card penetration has increased up to 62% and 50% of the payments are card-based. Moreover, card payments are expected to grow by nearly 5% in the period 2022-2026.


It is one of the widely accepted payment options in New Zealand’s casinos which is used in 71% of the cases in 2022. As the name suggests it is a payment card that uses the VISA network to function. The company started out only with credit cards, but it has since expanded to involve debit, prepaid, and gift cards too. The use of VISA for first deposits at casinos is a common practice due to its global recognition and verification process.


As the second largest payment method corporation, MasterCard is the other most used card among Kiwis. 21% of the transactions are made through it. The distinguishing factor between Visa and Mastercard is that the card will work only on the company's payment network. Simply put, a VISA card will not function on the Mastercard network and opposite.

American Express

Due to its foundation in 1850, American Express is the oldest card payment system in comparison with VISA and MasterCard which is an acceptable option at online casinos used for 6% of 2022 operations. The company has a range of different types of credit cards depending on what you are going to use them for.


According to a recent Juniper Research survey, by 2026 over 60% of the global population will have started using digital wallets. This means that in less than four years, e-wallet users will increase by almost 2 billion, from 3.4 to 5.2 billion. Considering that New Zealand is one of the most developed countries in the world, growth among Kiwis is also expected to be high. Part of this may be due to the fact that e-wallets are a good deposit option for $5 Minimum Deposit and even $1 Minimum Deposit casinos.

For 2022 the most preferred deposit payment method is PayPal. Although PayPal was started as a security software program in 1999, its future was hidden in online banking services. Thus, three years later the company was restructured and its functioning as a payment method officially began.

In addition to PayPal, Google Pay and Apple Pay also seem to rapidly gain more traction. Apple Pay is specially designed for users of devices with the iOS operating system, while Google Pay satisfies the e-wallet needs of Android fans. Because of its foundation in 2011, Google Pay was among the first released mobile banking solutions. In comparison, Apple Pay was not an available option for Kiwi gamblers until early 2022.

Other Payment Options Used for Deposits

Although the usage of credit cards and eWallets has many advantages, there are some other types of payment methods used not only for minimum deposits which gain more and more popularity among Kiwi gamblers.


Launched in 2014, AfterPay is a buy-now-pay-later method that became famous in New Zealand due to the convenience when making minimum deposits of $1, $2, $5, or $10 at the extremely popular minimum deposit casinos as well as the opportunity to pay over six weeks.


Founded in 2006, POLi is still not so widely accepted at the NZ online casinos, but many players give it a green light whenever they can because through it is possible to use their own banking details without revealing them. Logically, it is known as one of the safest and most secure methods.

These are the most used payment solutions in 2022 in New Zealand. They are expected to maintain their leadership positions in 2023 as well. If your preferred banking option is not included in this article that does not mean it is not a safe one. Still, it is a good idea to see if you can find it among payment methods reviews on our website.

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