1. Online Casinos
  2. Deposit Options
  3. Why Debit Card Deposits are Processed Instantly, but Withdrawals Take up to 2 Days

Depositing funds into an online casino using a debit card is usually a breeze. You simply select from the cashier’s payment options, enter your details and complete the deposit transaction. Your funds appear almost immediately after the payment goes through.

Unfortunately, the same can’t be said for withdrawals, as you must wait a few days to receive your cash. Is there a reason for that? Find out as you read further.

New Zealanders Prefers to Pay with Plastic

Debit cards are undoubtedly one of the most popular means of making payments in several parts of the globe. However, in New Zealand, it seems to be a tradition. While there are a few payment alternatives that Kiwis can use, a debit card seems a better option. This preference is not just for online gambling.

The “plastic card” dominates the New Zealand payment market, as it is used for over 50% of all transactions. As a result, $2.3 billion worth of sales are made via this banking option. The country’s banking system, which is the most popular, helps to explain the everyday use of these cards. Since several Kiwis prefer direct bank transactions, it’s only standard that debit cards also become famous.

As almost every adult that performs a transaction in the state has a card, it’s a preferred choice for online gambling. It is also effortless to use, so you don’t need to be tech-savvy to learn how to utilize it for internet payments. Transactions are quick, and you get a notification for every payment you make. This makes it easy to track your earnings and deposits on a gambling platform.

Online Casinos Need to Do Multiple Security Checks

Top online casinos that offer services to New Zealand players provide suitable banking options for deposits and withdrawals. Among these options, you’d usually find a debit card. Using this alternative to fund your account is similar to using other methods available on the platform.

The first step is to locate the cashier, which could be a deposit option visible at first glance from the homepage. From the list of available payment alternatives, you select the debit card. After this, you must enter the amount you intend to transfer to the platform.

While funding your account, you should note that there will be minimum and maximum limits. With debit cards, these are usually lower but sufficient for low and high rollers to make payments. Next, you enter your card details, and once the transaction is confirmed, the funds appear in your casino account.

Withdrawals usually follow a similar process to depositing, but you must wait a few days instead of making instant payment. This happens because the online gambling platform must verify your withdrawal request following rules laid down by regulatory authorities. These verification procedures ensure that you’re the same person who owns the account to which the cash will be sent.

For most casinos, you have the first 24 hours to cancel a request. Once you do this, the withdrawal will not go through and will be returned to your gambling account. However, canceling after the specified time frame is impossible.

Online Casinos won’t Create Barriers to Entry

As mentioned earlier, you must go through routine checks conducted by the casino. These steps verify your details and confirm that the receiving account doesn’t belong to a third party. One advantage of this is that there are slim or no chances of fraud. There’s also minimal risk of your cash being sent to a different account instead of yours.

For verification, the platform will demand a few documents, like a scanned copy of a government-issued ID or a driver’s license. You’ll need to submit proof of your address, usually a utility bill. The casino will also request that you provide a scanned copy of the front and back of your debit card. Running through and confirming these details could take a while.

Despite these security checks, the online casino can still withhold your winnings and not payout. This happens if there is a suspicion of your activities on the platform or if there is an error with your verification. So, you’ll need to go through the process of confirming your identity again.

Another plausible option for a casino refusing to pay you your wins is if it is a sham site. As a rule of thumb, you should register on platforms with valid licenses from a reputable body. Some top regulatory bodies include the Malta Gaming Authority, the United Kingdom Gambling Commission, and Kahnawake Gaming Commission.


A debit card is a convenient means of depositing and withdrawing from an online gambling site. As one of the most popular options in New Zealand, it is available in most NZ online casinos. Depositing via this method is instant, but you might have to wait up to two days for withdrawals. This is due to the verification and security checks the operator must perform to confirm your identity.

One thing to note is that after the casino processes your payment, the transaction is transferred to your bank. Another series of checks follows before the payment is confirmed and credited to your bank account. As a result, your winnings might be delayed more than two days.