WHAT IS POLi?
The POLi payment system is a web-based tool that facilitates a direct bank account transfer without the involvement of a credit card or any other electronic money source. Thus, it effectively provides a secure online banking account app.
Transactions are processed via a direct arrangement between the user’s bank and the merchant, acting as an intermediary to complete the transaction. Additionally, the system is accessible 24/7, so you can top up your balance at any POLi casino around the clock.
You will often see the term POLi casino. This indicates that the platform offers POLi as a deposit method. It could simply be a site that offers iGaming or one that offers both iGaming, sports betting, and other gambling activities.
HISTORY AND EVOLUTION OF POLI CASINOS
Conceived in 2006, POLi was released to offer Australian and New Zealand citizens a user-friendly bank account gateway for online payments. The idea was to use intuitive direct access to your bank account via your web browser and negate the need for credit or debit card payments.
The Rise of POLi Pay Casino Sites
Online casinos and other internet-based businesses quickly noticed that POLi deposits are cheaper to process than credit and debit card companies like American Express, Mastercard, or Visa, which charge a higher percentage, around 1.5% to 35%, to process transactions.
However, POLi charges 1% to 1.5% per transaction. Due to the lower fees, the payment provider became a go-to option for operators running online casinos in the iGaming niche.
As POLi became available at AU and NZ online casinos, players also learned about the advantages of using the payment system. With access to a system that allows shoppers to pay directly from their bank accounts, they soon saw the benefits of this unique payment system, including how it removed many of the disadvantages of credit and debit cards and the need for a payment gateway used by eWallets.
Fast-forward to today, and POLi is one of the most trusted deposit options at Australian and New Zealand online casinos that accept POLi payments.
POLi PAYMENTS AND WITHDRAWALS
Another reason players have adopted POLi payments to fund online gambling is that the transactions are two-directional. This popular payment method allows users to deposit and withdraw.
How to deposit at POLi Casinos
POLi casino sites will offer the option to make a payment from your bank account using POLi as a secure payment method via the online gambling platform's deposit area. Once you have signed up, head to the cashier and follow the step-by-step process outlined below.
Step-by-Step POLi Payments Process:
- Choosing Your Payment Method: In the deposit area, select POLi casino deposits from the list of available payment methods.
- Choose Your Deposit Amount: Enter an amount in AUD or NZD. Before entering your transaction amount, check the minimum casino deposit. Also, check the minimum deposit bonuses and promotions required if you plan to participate in any promotions.
- Select Your Bank: Most major banks in NZ and AU are supported, which we will cover below.
- Log in to Your Bank: Log in to your online banking using the secure POLi interface.
- Confirm Payment: Review the payment details and confirm the transaction.
- Transaction Complete: The payment is processed instantly, and you receive a confirmation.
How to Withdraw from POLi Casinos
POLi withdrawals from online gambling sites are as straightforward as depositing. To guide you through the process of withdrawing funds from your POLi casino account, we've added another step-by-step guide in the bullet points below.
Step-by-Step POLi Cash Out Process:
- Choosing Your Withdrawal Method: In the same area where you made your deposit, click on withdrawals and select POLi.
- Cash Out Amount: Enter how much you would like to withdraw.
- Enter Your Account Info: Enter your POLi account or bank details.
- Process the Withdrawal: Once all your information is confirmed, confirm the withdrawal.
Check the Withdrawal T&Cs on All Online Gambling Sites
Depending on the online casino you signed up for, the cashout request will be in pending status for 12 to 36 hours.
Another tip is to check the terms and conditions of all POLi pay casinos to see whether there is a deposit turnover before making free withdrawals. Your withdrawal may be subject to transaction fees if you do not meet this requirement. The best POLi casinos will have a deposit turnover of 1x, but you will also find some that require 3x to 5x deposit turnovers.
👍 ADVANTAGES OF POLi CASINO TRANSACTIONS
POLi online casinos have several advantages, from making deposits in your domestic currency to security and privacy. Below are three key advantages of using POLI casino sites.
Online Casino Transactions in AUD or NZD
One of the key advantages for Aussi and Kiwi online casino players is that you can deposit using Australian Dollars or New Zealand dollars. Before signing up, ensure the iGaming platform accepts the currency that suits you. The key benefit is that you don't have to pay exchange rate fees. Below, we'll look into other benefits of using POLi deposit casinos.
Speed and Efficiency
The good thing about POLi transactions is that they are carried out instantaneously, so when you are ready to top up your online casino account and enjoy a game or two, you won’t have to wait several days as you might if you were making a regular bank transfer.
Privacy
POLi offers PCI DSS (Payment Card Industry Data Security Standard) compliance, the gold standard for protecting consumer payment data such as bank details. Data, including bank login details, will never be stored within the POLi system, ensuring maximum privacy and security for all users.
Security
All transactions undergo bank- and industry-level encryption and security checks during a payment. This is because the payment method follows PCI DSS compliance and uses HTTPS protocol encryption security when processing transactions with POLi casinos. For maximum security, you should always ensure that any casinos accepting POLi use the 'https://' prefix to their domain, which we will cover more about in the next section under security concerns.
👎 DISADVANTAGES OF POLi CASINO TRANSACTIONS
As with most online payment services, even POLi has disadvantages when transferring money in and out of your POLi account. We will cover some of the most important drawbacks to using casinos that accept POLi.
User Concerns
You might feel uncomfortable downloading your account details once bank logins are entered via this third-party service, but POLi’s security protocols help mitigate this risk. Your perception of how safe the transaction process is is entirely up to you.
Limitations and Drawbacks
Bank partnerships: One of the biggest disadvantages of playing at POLi casinos is that not all banks in Australia and New Zealand support the payment system. Therefore, you should check which bank accepts POLi payments.
Online Casinos: Not all online casinos that accept AUD and NZD are POLi deposit casinos. This is not ideal if you have found a reputable platform where you would like to play and the platform does not accept POLi payments. For example, LeoVegas is a popular iGaming and sports betting platform in New Zealand, but it currently does not accept POLi. However, to play at LeoVegas, you should look for alternatives such as Apple Pay, Neteller, or Skrill.
Common Issues and Troubleshooting
Payment failures can occur due to the POLi casino site's connectivity, lack of funds, incorrect details, or no internet connection. First, check that you have entered the correct information in case of a payment failure. Ensure you have correctly entered the amount and the recipient's details, then review the fields for errors. Next, verify that your account has sufficient funds and try the payment again.
Security Concerns
Check the site is secure: Remember to check the online casino's security before you enter your banking credentials. Look for the padlock in the browser's address bar and ensure the domain name starts with 'https://' rather than 'http://'. Check the expiration date of the security certificate; if it's expired, don't use the website. Usually, most web browsers will warn you that the site 'https' certificate has expired.
Making transactions over secure networks: Never deposit to any online gambling site over an insecure network. A general rule of thumb is to avoid online casino poli deposit transactions on a public network because anyone nearby can see the information you enter. An unsecured network is also a bad option.
If you're unsure whether the network through which you're paying is secure, avoid the transaction. Don't enter your credentials or connect to a VPN within your country (Australia) or (New Zealand), but beware, not all online casinos are VPN-friendly.
POLi BANKING PARTNERSHIPS
This guide to POLi online casino sites would not be complete without giving you a list of the banks the payment provider has partnered with. Check out the lists below, and if you bank with any of the financial institutions below, you can consider the best POLi payment casinos by reading Playcasino casino reviews and selecting POLi on the Playcasino casino payment options page.
POLi Banking Partners in New Zealand
If you have an account with any financial firm in New Zealand from the list below, you can deposit money and withdraw from most NZ online casinos that accept POLi payments.
- ANZ (Australia and New Zealand Banking Group)
- ASB Bank
- Bank of New Zealand (BNZ)
- Kiwibank
- TSB Bank
- Westpac New Zealand
POLi Banking Partners in Australia
You can make payments using your POLi deposit casino account in Australia if you have a bank account with any of the following financial firms.
- ANZ (Australia and New Zealand Banking Group)
- Bank of Queensland (BOQ)
- BankSA
- Bankwest
- Bendigo Bank
- Commonwealth Bank of Australia (CBA)
- ING Direct
- ME Bank (Members Equity Bank)
- National Australia Bank (NAB)
- St. George Bank
- Suncorp Bank
- Westpac Australia
COMPARISON WITH OTHER PAYMENT METHODS
Most AU and NZ online casinos offer an array of alternative payment options. Before you decide whether POLi is the best payment option, we will analyse and compare POLi with credit cards and e-wallets, demonstrating its superiority in privacy, payment facilitation, and user-friendliness.
POLi vs. Credit and Debit Cards: The payment provider offers a more private transaction process than credit and debit cards because you do not have to share your card details with the casino. Also, you don't need your credit card handy if you have memorised your POLi Access Code and password.
Conversely, debit and credit card payments are generally quicker. Once you've entered your card number, you can use the one-click payment option, which allows for a faster deposit than POLi.
POLi vs. E-Wallets: Alternative options such as Skrill or MuchBetter e-wallets provide a similar experience to POLi. You use a username and password, and some eWallets allow you to choose to use funds to make payments via your bank account.
However, e-wallet access to your bank account usually comes with a charge. In comparison, POLi’s on-demand bank transfer is straightforward for customers who prefer not to create and maintain an e-wallet account, and there is no charge for using the service when making online casino deposits.
POLi Mobile Casinos
POLi is also mobile-compatible, enabling instant payments to your casino account from smartphones or tablets. Even if you are not a tech whizz or an expert with mobile payment tech, POLi's mobile banking is, by design, user-friendly, making it easy to make payments online. Therefore, the process is a breeze if your aim is to deposit via your online casino's mobile interface.
POLi does not offer a mobile app download, as the payment system has been optimised for mobile web browser access. Players can transfer money to their casino accounts via iPhone, Android, and any other mobile OS on smartphones or tablets using internet browsers like Edge or Safari.
Even if you play casino games on the move using a hand-held gaming device like the Nintendo Switch or PlayStation Vita, as long as your device has a web browser and an internet connection, you log on and make payments to POLi casinos.
User Experience on Mobile Devices
If you plan to use POLi pay casino sites, you will find the payment process extremely user-friendly. There is no need to switch windows or for a secure payment gateway to pop up. You enter your Access Code and Password in the same window, wait for the transaction to be approved, and then check your online casino account balance has been topped up.
POLi Casino Bonuses
All of the best online casinos today offer promotions as an incentive to play for longer and give you the chance to win cash or convert bonus money into real money. Firstly, you must ensure you can claim promotional offers in your domestic currency.
- Bonuses for POLi Casinos NZ: NZ casinos should offer you the chance to claim various bonus deals available for deposits using New Zealand Dollars
- Bonuses for POLi Casinos AU: The best POLi casino sites in Australia offer the chance to claim casino bonuses in Australian dollars
The types of bonuses available in Australia and New Zealand are the same. In fact, casino bonuses are very similar no matter which country you play from. There are first-deposit welcome offers. Also, regular bonus deals, such as Reload bonuses, free spins, cashback, and software provider promotions, are important to keep clientele engaged.
Below we'll cover some of these promotional offers available when you deposit using POLi as your payment method.
Welcome Bonuses
One of the first Poli bonuses you can claim when signing up to an iGaming platform is the welcome bonus. These are one-time deals and usually require a low minimum deposit of around 20 to 30 NZD or AUD.
They have a reputation for rewarding you with a sizeable bonus money balance through a deposit match. On top of the bonus money, you will also find many of these welcome offers, including free spins.
Another point worth noting is that the welcome bonus is often backed up with second, third, and sometimes fourth deposit bonus deals. Once you use these deposit match offers, you can then move on to regular casino bonus deals.
Free Spins Bonuses
Free spins bonus deals are the most popular amongst online slot players. There is usually a minimum deposit required to claim your free spins. Furthermore, you will find free spins pinned onto deposit bonus reload offers and, as mentioned, as part of welcome bonus offers.
Reload Bonuses
Reload bonus deals are typically deposit bonuses that give you a percentage of your deposit back in bonus money. Some also pin on free spins. However, you will also come across free spins deposit bonuses that give you a certain number of free spins on a selected online slot or slots from a particular software provider.
Live Casino Bonuses
Finding live casino bonus offers at POLi pay casinos can be a challenge. Live dealer games like blackjack and baccarat come with RTPs as high as 99.50%, and the risk of players making bonus mistakes by playing live dealer games incorrectly while their bonus is active. Therefore, only a handful of casinos are willing to include these games in their deposit bonus deals.
Cashback Bonuses
There is no minimum deposit required for cashback on your losses, as this type of deal is purely to give you a percentage of your losses back. You will find cashback offers for both online slots and live dealer games. These offers usually pay back the cashback on your losses, either daily or weekly, and they tend to come with low wagering requirements.
VIP Loyalty Rewards
VIP loyalty rewards programs differ from platform to platform. The more points you gain for placing real money bets in AUD or NZD, the higher up the VIP ladder you will climb. Bonus deals usually include free spins weekly or monthly, match deposit bonus deals with favourable wagering requirements, and sometimes free bonus money. In some cases, you also swap your loyalty points for cash or free spins via a bonus shop.
LICENSING FOR CASINOS THAT ACCEPT POLi
When choosing the best POLi casinos to sign up for, bonuses are just one factor that may sway you. However, choosing a safe and trustworthy online gambling site to deposit money and play games is also important. That means considering the licensing the platform operates under.
Licensing for Australian Online Casinos that Accept POLi Deposits
Most online casinos attract clients by showing their clientele that the platform operates under a licensing framework that keeps them in check. For Australian citizens, the only authority that allows its operator to accept Aussie players and Australian Dollar deposits is the Curacao licensing authority.
As for domestic licensing, the Australian government does not have a domestic iGaming licensing framework. Therefore, if you are from Australia, the only POLi payment casino sites you have available to you are those that operate under the laws of Curacao.
Licensing for New Zeland Online Casinos that Accept POLi Deposits
The list of POLi casinos NZ players can choose from is slightly larger compared to the selection for Australian players. This is because two licensing authorities accept Kiwi casino players. As with Australia, New Zealand does not have a domestic licensing authority. Therefore, the best option for finding POLi casino sites in New Zealand is to sign up with overseas gambling sites.
You have two licensing options:
Despite both licensing authorities building an iGaming presence, the best POLi casinos for player support and protection are generally those operating under the MGA. The MGA's framework and support for players are superior to those of the Curacao authority.
In a Nutshell – Why POLi AU and NZ Casinos are Great Options!
Top online casinos that accept POLi offer a reliable and convenient payment method for players in NZ and AU. The system processes transactions quickly, offers secure transaction processing, and can be used for deposits and withdrawals, which many players find convenient. The system effectively gives you an Internet banking account to make online payments.
POLi is the best option for players who want a hassle-free financial solution. Most internet casinos in NZ and AU that accept POLi are operated by overseas entities licensed under Curacao or MGA. Platforms licensed under these authorities offer thoroughly vetted games.
On top of this, you can use POLi deposits to claim free spins bonuses, welcome bonus deals that can also include free spins, cashbacks, and deposit match reload bonus deals, so you get the most value out of your online slot and live dealer gaming.
