By now, you’ve heard that the New Zealand gambling regulator plans to ban credit cards for online betting. It’s a lot to do with the government’s worry over overspending. But they’re not the only regulator in the world assessing credit card suitability for gambling activities. The good news, though, is that there are ways to beat the ban and carry on playing your favourite games at top casinos.
Use Other payment Methods
Whether you’re already not a fan of using credit cards at online casinos, or you’re quite happy to try other options, you have choices. To put it simply, you’ll no longer be able to fund your casino account with any type of credit card, but there are ways around this.
Bitcoin casinos have soared in popularity, and rightfully so. Like all payment methods, there are pros and cons of Bitcoin for online gambling. Cryptocurrency offers immense privacy both for you and for the casinos and both deposits and withdrawals are instant. What’s more, Bitcoin is not subject to taxation and you won’t have to pay additional fees for bank transactions.
However, some casinos that accept Bitcoin don’t hold a license from a trustworthy regulatory body. It’s also volatile as a currency, which means the exchange rate can fluctuate immensely.
You can click here to read more on using Bitcoin as a casino payment method at New Zealand online casinos.
Another way around the credit card ban is to use Paysafecard to deposit at the casino. It’s a popular method for funding casino accounts, and simply requires a prepaid card and PIN code. Just make sure you play at a reputable online casino that is licensed to accept Paysafecard deposits. This method gives you a great deal of control over your budget, as you just can’t deposit more money than you’ve loaded onto the card.
On the flip side, you must purchase and preload the card with funds before you can fund your casino account. What’s more, you will need separate PIN codes every time you make a deposit, which can be a little more time consuming compared to other payment methods. It’s also worth pointing out that you cannot withdraw your winnings to a Paysafecard, so you’ll need to consider another payment option when it’s time to request a withdrawal.
If you’ve always wondered about Depositing at a casino using Neteller, now may be the time to try. Casinos that accept Neteller are secure and reliable. You don’t need to hand over any personal or financial information, giving you less chance of being hacked. Neteller is also a fast way to both deposit and withdraw casino funds and makes use of 128-bit encryption to keep your transactions safe and secure at all times. Best of all, many Neteller casinos offer exciting incentives for using this e-wallet, including frequent promotions.
On the downside, though, Neteller does charge considerable fees for both deposits and withdrawals at online casinos. So, while a casino may not charge you for transactions, Neteller does, every time. Some casinos also restrict just how much you can withdraw from your account when you opt for Neteller withdrawals. Something big winners may view as restrictive. Take note, too, that many online casinos do not make their welcome bonuses available to players who make their first deposit via Neteller.
We feel we should mention, too, that Neteller involves a lengthy registration process. The account verification is somewhat tedious, and many people don’t like the idea of sending identification to third party organisations.
No Deposit Offers
If you’re worried about how the upcoming credit card ban will affect No Deposit Bonuses, there’s good news. Most casinos only require you to register an account to claim such an offer – no deposit, and therefore no payment methods, necessary.
Jonny Jackpot No Deposit Offer
If you’d like to claim a no deposit offer, and therefore not have to worry about payment options just yet, be sure to check out the exclusive no deposit 50 free spins offer from Jonny Jackpot Casino. All you need to do is open an account at Jonny Jackpot to claim your free spins.
- Prepaid card and PIN
- Help keep your bankroll under control
- Cannot withdraw to Paysafecard
- Separate PIN codes needed for every deposit
- Instant deposits and withdrawals
- 128-bit SSL encryption
- Not all casinos offer a welcome bonus for Neteller deposits
- Lengthy registration
- Restrictions on withdrawal amounts