—TechRound does not recommend or endorse any financial, investment or gambling practices. All articles are purely informational—
Aussies have access to some truly amazing online casino sites, and we call them amazing for multiple reasons. For starters, the game lobbies on these sites count over thousands of games. These include classics like poker, blackjack, baccarat, roulette, craps, and their live dealer counterparts. On top of it, there are slots, scratch cards, other lottery-like games, and instant win games. All of this is made even more accessible thanks to great banking support. Here we’ll talk about some of the best payment methods players can use for deposits and withdrawals.
PayID
This option allows players to use mobile payment and make deposits directly from their bank account. Thus, it is a convenient banking method available for Aussie gamblers as it can efficiently handle instant transfers. The money arrives within minutes, but some payments could be subject to security checks, leading to delays.
PayID has partnered up with over 100 financial institutions like banks, and credit unions including the following:
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Bank Australia
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Bank of Melbourne
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Auswide Bank
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Australian Unity
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Australian Military Bank
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Australian Mutual Bank
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Azupay
Anyone with an account with one of these institutions can connect it to PayID, and make deposits and withdrawals at online casinos.
Apple Pay
This widely popular mobile e-wallet also combines convenience and security. Apple Pay is an intermediary in a transaction that keeps the account information secret. So, if you are uncomfortable sharing your digital payment account information, this method is ideal. It’s commonly used in the Aussie gaming industry, but you must have an iPhone.
Apple is known for its achievement in the security department, so even if someone uses spyware on their users, the users are immediately notified. Of course, there are other safety features that Apple products have, and they all bolster your security while using the internet in general.
To that end, it’s easy to see why Apple Pay is a go-to choice for many gamblers. After all, players are using real money and real accounts, so keeping this sensitive information shrouded from cyber criminals is common sense.
Cryptocurrency
Many online casino sites that accept Australian players are based in offshore jurisdictions. Since a lot of them are regulated by the Curacao Gaming Commission, they are allowed to accept cryptocurrencies like Bitcoin and Ethereum.
There are two great reasons why this is beneficial. Firstly, a lot of gamers prefer websites that enable them to use cryptocurrency as a payment method. Secondly, crypto transfers aren’t plagued by the same restrictions as payment options that use legacy banking systems. So, there are no additional fees for correspondent banking or tiresome due diligence that are obligatory for clearing international transfers.
In fact, one of the main complaints directed at offshore operators is that their withdrawal times take too long. Crypto helps them solve this flaw, and that’s why many promos give extra goodies to players who opt for crypto deposits.
Vouchers
Online casinos also accept prepaid vouchers like NeoSurf, Flexepin, or Paysafecard, which Aussies love to use. Vouchers can be purchased in retail outlets using regular cash, which is their main advantage. Once again, sensitive information like credit card numbers or bank account numbers are kept private. The transfer is instant and there are no extra fees.
The only downside is that you cannot cash out via this method. Casinos don’t send Neosurf or Paysafecard codes as compensation for your winnings. So, you will eventually need to use another option for withdrawal.
eZeeWallet
eZeeWallet is a widely accepted e-wallet in Australian online casinos and can be used to top up your account and cash out your winnings. This provider even allows you to use its service without heavy verification. It’s what they call level 1 verification and as a level 1 user, you can make deposits up to 150 EUR a year. But when you are fully verified your annual deposit limit goes up to 15,000 EUR.
It’s possible to use the previously mentioned PayID to add funds to your eZeeWallet and that type of transfer won’t incur any fees. Other options for loading funds are Paysafecard and Neosurfe, but in that case, you’ll have to pay 6% of the transfer amount as a fee. In both cases, the minimum deposit is 20 AUD while the maximum deposit per transfer is 2000 AUD.
When you wish to withdraw funds to your bank account, you pay a flat fee of 7 AUD, plus 1% of the transfer amount. These fees aren’t that cheap which is the major drawback of eZeeWallet.
There are many other payment methods at online casinos, but the ones we listed are really the top choices. This is thanks to convenience, transaction speed, and safety features. While many operators encourage players to use cryptocurrency for payments, plenty of alternatives are available for those who do not have crypto wallets. But what is most important is to remember about responsible gambling – set a budget and remember to seek help if needed.
—TechRound does not recommend or endorse any financial, investment or gambling practices. All articles are purely informational—
