POLi is a common choice for online casino deposits among players from New Zealand and Australia. This payment system uses internet banking to transfer money to casino accounts. POLi is created for online casino deposits because it supports only one-way transfers. Withdrawals are not supported. But there are other convenient methods for that purpose.
A few facts about POLi
POLi was founded in 2006 by a private company based in Melbourne. The system is very easy and straightforward. It has become quickly adored by kiwi and Aussie players, which is why POLi is widely used at Australian and New Zealand online casinos. It was awarded the EGR Payment Provider of the Year in 2014. But surely, it’s great till the present day.
The good thing is that you don’t need much to use POLi for online casino deposits. All you need is a banking account over the internet and the internet itself. POLi doesn’t require any personal information and doesn’t apply any fees for transactions.
How does POLi Work?
To get started, you don’t even need to register anywhere. Moreover, you don’t even need to provide your banking details. POLi connects your casino account to your bank account, and this is how it works acting as an intermediary.
However, there is one thing you need to check with your bank. It must be a partner of POLi. But it shouldn’t be a problem since a lot of banks in New Zealand and Australia are partnered with POLi.
The payments are instant meaning you can deposit real money into your account very quickly. As soon as the payment has been confirmed, you will receive proof of purchase in the form of a receipt. After your first money transfer, the casino details will be saved. It means that you only need to enter them once.
POLi casino deposit guide
Here, we’ve prepared a quick guide for those who need step-by-step instructions. But the process is very simple so you won’t have problems:
- Log in to your POLi online casino.
- Go to the banking page and select a deposit.
- Choose POLi from the drop-down list of payment methods.
- Enter the amount you want to deposit.
- Log into your online bank account connected with POLi. Choose the account you want to use for gambling.
- Confirm your transaction and see the money arrive at your casino account.
That’s it. As you can see, all steps are guided and prompted by the casino website itself. So you will certainly do everything right. And in a few seconds, you will be ready to play games.
As we said earlier, POLi is not made for withdrawals. It’s the only-deposit option. The thing is that POLi acts as a bank transfer provider. If you want to receive winnings back in your bank account, you need to use a bank transfer. This method is usually available at all online casinos in New Zealand and Australia.
However, not all players like the idea of using a bank transfer for withdrawals because it’s very slow. It takes up to 7 banking days to process the payout.
Players who use POLi are not limited to bank transfer payouts. You can use any alternative payment system such as bank cards, e-wallets, or even cryptocurrency if it is allowed.
Advantages and disadvantages of POLi
POLi is made for players’ convenience. Why do they choose POLi? For different reasons and here is the top of them:
- Instant online casino POLi deposit.
- No fees or hidden charges for bank transfers.
- No need to register or provide your banking details.
- Total security because POLi doesn’t collect or store your data.
- POLI can be connected not only to bank accounts but also to cryptocurrency accounts if POLi is supported.
- It’s simple and straightforward to use for gambling and online purchases.
- POLi is partnered with many New Zealand and Aussie banks, including ANZ, BNZ, Kiwibank, Westpac, and others.
- It acts as an intermediary between your bank and casino, in case your banking institution doesn’t support gambling.
- You can use it multiple times for multiple transactions. No fees or limits.
Ok, but what about the disadvantages? A disadvantage is the only thing — it doesn’t support withdrawals. And a few drawbacks can come out on the side of your online casino operator when you decide to use POLi. Some casinos may incur fees or limits for deposit transactions via POLi. But this is already an individual case that you must learn about beforehand.
How secure is POLi?
You might wonder how safe it works as a bank intermediary. Well, it is super secure as it uses a proxy, HTTPS transport, SSL security protocol using 2048-bit, and other protective measures. So you should have no questions left on this matter.
POLi is also certified according to POLi Payments Australia ISO/IEC 27001:2013 Certification. It means that the system is independently audited and proven to meet all the requirements of the certification.
POLi does not collect any data on its users. Nothing is captured, stored, or cached. So you can be fully confident in the payment system and use it for all your online casino deposits.
All in all, POLi is absolutely safe, which cannot be said about online casinos. Some of them are scams, while others are fully legit and reliable. To stay safe and be sure about your funds, make sure to choose a trusted online casino to play games. Remember that it must be licensed and regulated according to the law. It should be certified and secure. Don’t forget to use professional casino reviews to find the best online casino POLi deposit.
POLi stands among the top deposit methods in New Zealand and Australia. Although it’s a deposit-only method, many players find it beneficial and convenient. And in the end, everyone is happy: a player deposits real money to play and win, a casino gets its part of the money, and the bank and POLi are being used for their purpose.
So just make sure to play at a trusted POLi online casino, while using one of the top methods of deposit.