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Are Fast Payouts Becoming The New Normal?

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Posted on , Updated on by Andrew
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There are two main areas that influence whether you can enjoy fast payouts – the time it takes for a casino to process a withdrawal, and the time your payment method takes to follow through on the transaction. When the online casino industry was in its infancy it was not unusual to have only Visa and Mastercard available as payment options, and withdrawals could take up to two weeks, depending on the casino’s processing times. As financial institutions, web wallets and alternative payment methods have grown, the range of payment options as well as the time it takes to perform a transaction have improved. In the meantime, the online casino industry boomed, and competition for players meant bigger and better bonuses, better game selections and better payment processes. To remain competitive, both casinos and payment methods had to streamline their transaction procedures to make them faster, safer and more convenient. The innovative gaming brands at the forefront of this trend can promote themselves as fast-payout casinos, but the rest of the online casino industry is not far behind. At the rate these processes and systems are improving, fast payouts will soon become the new normal, and any casinos that can’t keep up will start to fall by the wayside as newer, better brands take their place to fill the demand for fast gaming, and fast cashouts.

Benefits Of Fast Payouts

Aside from the convenience of having your money in your account quickly, there are many benefits to finding a fast payout casino. The most important one is the complete control of your money. If the funds are in your casino account, you can play them, and if they are in your bank account, you can spend them, but if you are waiting for days for the money to get from the casino to your bank account, those days of having no access to your own money are wasted. Aside from control, fast payouts give you more agility too. If you found a great new deal or opportunity, but your winnings are tied up in your casino account for days, you may lose out while you wait for your withdrawal to clear. Fast payout casinos also tend to offer a wider variety of payment options and a more efficient banking process.

New Zealand Casinos That Offer Fast Payouts

There are heaps of online casinos available in New Zealand at the moment, but not all of them are equally efficient when it comes to processing your payouts. We have found three of the best performers in this area, so if you are looking for the Best New Zealand Casinos that will give you your money fast, you can’t go wrong with any of these!

1xSlots Casino

1xSlots is an excellent new casino that offers you a wide range of choices in all the areas that matter the most: games, software providers and casino payment methods. The casino has an enormous game library with over 10000 titles (yes, 10K titles) from more than 100 software developers. There are thousands of slots games to explore, as well as table games, jackpots and Live Casino games. There are also plenty of payment options, including credit or debit cards, a variety of web wallets, multiple bank transfer options and payment systems and a range of cryptocurrencies available for deposits and withdrawals. For most methods, deposits are instant and withdrawals take around 15 minutes.
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BitStarz Casino

BitStarz Casino is a great choice for players who prefer to gamble with cryptocurrency. The casino supports Bitcoin, Bitcoin Cash, Dogecoin, Litecoin, Ethereum and Tether. It is a multicurrency platform, though, so if you prefer playing with NZD or any other fiat currency, you are not excluded from the fun. BitStarz also provides multiple payment options and the speed of your cash out depends on the method you choose. If you use payment options like EcoPayz or MiFinity, withdrawals are instant, but for Visa or Mastercard, it could take 1-3 banking days to get the money into your account. If you would like to know more, you can read our BitStarz review here.
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True Flip Casino

True Flip is a hot new brand that has been specifically designed with mobile casino players in mind. The site is responsive, deposits and withdrawals are lightning-fast and the casino provides a variety of payment options. There are several e-wallets available, as well as the usual card options. Several kinds of cryptocurrencies are supported, including Bitcoin, Dogecoin, Ethereum, Litecoin, Tether and many more. Deposits and withdrawals for most payment methods are instant, and for cryptocurrencies, it depends on the confirmation time for each currency. Have a look at our True Flip review for details on the casino’s generous welcome bonus, game selection and promotions.
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Best Payment Methods For Fast Payouts

Finding a casino that will process your transaction quickly is a good start, but you also need to choose a payment method that is equally as efficient in order to get your money where you want it as fast as possible. Each payment method has its own advantages and disadvantages, but some of the best options to use at a fast payout casino are EcoPayz, Skrill or cryptocurrency.

EcoPayz

EcoPayz is a secure web wallet system that offers you a fast, convenient way to send money worldwide. It is free to create your account, and EcoPayz gives you several ways to top up your web wallet. You can use this payment option to deposit and withdraw funds from your casino account and EcoPayz can process the casino transactions instantly.

Cryptocurrency

Bitcoin, Dogecoin and the like are some of the most versatile ways to fund your casino account. They tend to offer the widest range in terms of minimum and maximum deposits and both funding your account and withdrawing your winnings are extremely fast transactions. As cryptocurrencies grow in popularity, we are seeing more and more new casinos designing their payment systems and game platforms to support them.

Skrill

Skrill is one of the most well-known web wallets and has a long history of helping players to fund their casino accounts, It is a fast, secure and cost-effective method to use to make deposits and withdrawals. Depending on which fast payout casino you choose, both deposit and withdrawal process times can take anything from 1 to 15 minutes. In the more “old-school” online casinos, there may still be a processing delay when you use Skrill, so if you are looking for a casino that will give you for a quick cashout, it is often best to choose a newer site.
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