May 28, 2024

How your choice of payment methods affects payout speeds in NZ

We’ve all been there, playing at one of the Best NZ online casinos only to have to wait five working days before our winnings finally appear in our account. When this happens, it’s very easy to huff and puff and place the blame squarely on your chosen online gambling site, of course. Didn’t they promise speedy cashouts, so what’s the hold up?

In truth, more often than not the delay is not the fault of the casino but is caused by your chosen payout option. When they discover this, many Kiwi players end up wishing that they had made a different choice when they picked their casino payment method upon registration.

If only more players were aware of how the choice of payment methods affects payout speeds when playing at a fast payout online casino NZ, right? Now’s your opportunity to discover exactly how fast casino withdrawals work, and what to avoid if this is what you’re after.

On this page we’ll guide you through the best choices for the fastest casino payouts, explaining exactly how they work and what you should do to ensure a speedy withdrawal. Read on and you’ll never have to wonder why it’s taking you so long to get your hands on your casino winnings.

Avoid traditional banking methods like cards and wire transfers

We’re going to come right out and say it. We love credit and debit cards, as we also love banking transfers. They’re so easy-to-use, they’re 100% reliable, safety and security are unrivalled… They’ve got all the advantages to their name, except for one very important thing: speed.

If you’re looking for a fast payout online casino NZ that will honour its promise, make sure you don’t pick any of the old-school banking options because it can easily add three extra days to your withdrawal process.

The shortest time-span for the likes of VISA and MasterCard is three to five days, which can put a damper on things. This is because traditional banks still follow the old methods of verification and payment; their processes don’t work 24/7 and they rely on a pool of very specific personnel to help the transaction go through.

This is not to say that they’re not perfectly valid casino payment methods. We know that many NZ players still swear by them, because they do offer a peace of mind that newer banking options might not match. Moreover, you can simply use your existing banking cards and accounts without going through the hassle of signing up for a new digital payment method.

However, if your priority is on Instant casino withdrawals, these are not the right options for you. Which brings us to…

E-wallets: the fastest casino withdrawal method

If you’re looking for speed, e-wallets like Neteller, Skrill, PayPal, Apple Pay and Google Pay are your best options. This is because the entire structure of the organisations behind them is digitalised, and has been literally built for speed from day one. They’re the digital natives of the financial world, and this is why they are popular payment options at any fast payout online casino NZ.

All you need to do to secure your withdrawal is pick your chosen option, key in the required amount, confirm and the funds will appear in your account pretty instantly. Cryptocurrency withdrawals also qualify as among the speediest, as they follow the same digital processes as e-wallets.

Why individual transaction limits will affect your payout speed

When choosing a payment method at your favourite fast payout online casino NZ don’t just take note of the time it takes to process a transaction, but also of the maximum withdrawal limits imposed.

This is because when you land a sizeable win you want to be able to get your hands on it in one go, rather than have to wait for multiple instalments due to a low withdrawal cap. Thus, for example, if your chosen site allows a maximum daily cashout of $4,000 on one e-wallet and $2,500 on another, the best option for a fast withdrawal is self-evident.

These limits depend both on the casino and the payment provider, so it’s important to familiarise yourself with the terms attached to both.

Do weekends and public holidays matter?

You wouldn’t think so in this day and age, but sometimes the answer is yes. And once again, this depends on your choice of payment method at your chosen NZ Minimum Deposit Casino. Traditional banks observe the Monday to Friday administrative working day. Thus, when the transaction time is listed as taking between three to five days, they actually mean working days. If you initiate the process on a weekend, or there’s a weekend in between, this will lengthen the entire transaction period.

When using e-wallets and crypto, on the other hand, the process is entirely digitised and no-one cares what day it is. This is yet another reason for choosing more modern payment methods if speed matters to you as a player.

What happens when your deposit method isn’t available as withdrawal?

It’s easy to get excited upon discovering a new minimum deposit casino and forgetting to factor what happens when you want to withdraw your winnings. We’ve all done this at one point or another. In the rush to get the registration process finalised and start playing real money casino games, we pick the first convenient payment option on the menu, without considering whether this is also available for withdrawal. This is especially true if you tend to use prepaid vouchers.

In this case you’ll still be able to cash out your winnings of course, but first you’ll need to choose a different method. This is likely to affect the withdrawal speed as the method will need to be verified all over again and added to the casino processing time. We’re easily looking at an extra two days here.

Our advice if you’re playing at a fast payout online casino NZ is to pick a banking option that’s available both for deposits and withdrawals. In this way you’ll be able to cash out with a couple of clicks and without any unnecessary bureaucracy. Once again, e-wallets tend to be the smartest choice as, unlike credit and debit cards or vouchers they are usually available for both types of transaction.

How to get instant withdrawals from a fast payout online casino NZ

Ready to gain access to the fastest casino payouts? We’ll leave you with a step-by-step guide to make sure you’re not left twiddling your thumbs waiting for money to appear in your account.

  1. Step 1

    Follow the link to a fast payout online casino NZ on Minimum Deposit Casinos.

  2. Step 2

    Choose an e-wallet or cryptocurrency option to make your first deposit.

  3. Step 3

    Navigate to the withdrawals section to ensure that this method is also available for withdrawal.

  4. Step 4

    Check the terms and conditions to make sure that there isn’t a very low cashout cap imposed on this particular banking method.

  5. Step 5

    Confirm, and start playing: Once you’re satisfied that none of the common pitfalls are present it’s full steam ahead.

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