What online casinos provide the fastest payouts?
There are many factors that we take into account when determining which are the best online casino in New Zealand. This article will focus primarily on payout speeds and highlight which online casinos offer the fastest payouts in NZ.
There are a number of factors that effect payout speeds to customers in New Zealand but the primary factors are the know your customer (KYC) process, the online casino and the casino payment method you are using.
We will address all these questions as well as provide a list of New Zealand’s Fastest Payout Casinos below.
New Zealand’s Fastest Payout CasinosThe list below contains the fastest payout casinos in NZ along with their payout times and the best payment method, for fast casino payouts, to use at each of the casinos in question. Some of the fastest payout, payment methods exclude you from the bonus offers. Please read the notes carefully.
|Casino||New Player Offer||Payout Times||Visit|
|NZ$1000 Free + 100 Free Spins||Visit|
|150% match up to $200||Visit|
|$1200 Free Welcome Bonus||Visit|
|NZ$1000 in casino bonuses + 200 free spins||Visit|
|NZ$ 1000 Free + 100 Free Spins||Visit|
|100% match – $150 + 10 Freespins||Visit|
|NZ$600 Free + 200 Free Spins (20 Free Spins on Sign Up)||Visit|
Fastest Casino Payout Methods
It is easy to see from our list of fast payout casinos in New Zealand that your withdrawal method has a huge impact on you payout times. There are a number of reasons why this is the case.
The first reason why your purchase method effects your cash-in times is because it takes a while for banks to process transactions between them. All legal online casinos in New Zealand are located offshore. This means that when processing credit card or bank transfers, the transaction has to happen between at least two countries which causes delays in both transaction approvals and fraud checks.
Virtual cards and e-wallets like Skrill and Neteller remove the overhead of banks talking to each other. This allows for transactions to go through far quicker as most top online casinos have Skrill, ePoli and Neteller merchant accounts which allow them to transfer money far more efficiently to Kiwis.
The downside of using e-wallets is that many of them disqualify players from taking up casino welcome bonuses. This is because it is more difficult for casinos to validate that players are not bonus abusers when using these wallets. This problem of bonus abuse has been mitigate by SkyCity online casino, who require you submit all your KYC documents before making a deposit and claiming your bonus.
Casino Account Validation
Casino payouts are often slowed down when players try to cash-in for the first time. This is because most online casinos in New Zealand(with the exception of SkyCity Online Casino) do not request new player KYC documents on registration. This is a double edged sword for players as they are able to claim their bonus and start playing reasonably quickly but are often left frustrated when they are required to submit the documents at a later date.
The easiest way to avoid this is to volunteer your KYC documents upfront when signing up to the casino. It is a common trick amongst seasoned online casino players and one we recommend all Kiwis follow to avoid disappointment when trying to cash out their winnings.
Players are often caught up in minor terms and conditions when trying to withdraw their winnings when they don’t validate their accounts upfront. One of the common complaints we receive from players is that they used a partners credit card to play online without showing the casino beforehand that they had permission to use it. online casinos will not let you use someone else’s card to play as this is one of the most common types of transactions that get charged back. It is too big a risk for the casino and unless you can prove that you have permission to use the card before winning big and trying to cash-out, the casino is under no obligation to honour your winnings.
Casino payout speeds do not differ much amongst the top online casinos in New Zealand but some casinos are marginally faster than others. The two things you can use to your advantage to speed up your casino payouts are:
- Select a purchase method that eliminates bank intermediaries and allows for quick payout options.
- Send your KYC documentation in early and ensure that your account is validated before requesting a withdrawal.
We sincerely hope that we have assisted you in your quest to find the fastest payout casinos in NZ and wish you all the best of luck.