Most popular Payment Systems in New Zealand

When you decide to play slot machines, it is important to know how to fund your casino account. Safety is a necessary factor while choosing the casino to play. Surely, you don’t want to give your winning money to some scammers. For that reason, make sure to read the page till the end to be aware of the safest, most convenient and reliable payment systems for deposits and withdrawals.

Bitcoins

It has become extremely popular due to its anonymity, security, and transaction speed. It uses a peer-to-peer encryption system, which makes this method of funding very cost-effective in online casinos. Due to its popularity, most of New Zealand’s casinos easily accept Bitcoins and other cryptocurrencies as a payment method.

EntroPay

This payment method is the biggest prepaid card provider. It’s a common payment system in New Zealand, which is based on the Visa payment system. Anonymity is a big benefit of using this system, because no bank details are transferred with funds. It shares only the prepaid details, which develops an additional layer of security. There are three levels of account privileges. You can immediately start using the services after signing-up. The second basic level requires only your email address and postal address. In fact, you can easily enjoy all services at a basic level. But, if you want to reach the premier level, you are required to submit two additional forms of identification: photo of a passport or ID and a document that proves your address.

PayPal

Huge number of casinos accept PayPal as a payment system. In general, E-wallets are used for deposits and withdrawals, however, some casinos provide only deposits through PayPal. Make sure to choose the right casino for Kiwis, the one, that accepts PayPal. Using this payment system, you’ll be provided with smooth and safe operations.

MasterCard

This payment system is well-known in New Zealand, mostly for its credit cards. Yes, you can fund an account through the credit cards. Several NZ banks, like BNZ, ANZ and ASB provide low rates of interest for Mastercard users. In order to get MasterCard you need to go through a credit check, and the brand-new card will be available for deposits. But, be careful with credit money, it can cost you a lot.

Visa Debit

Visa Debit cards are secure and quick. To deposit online casino accounts, you need a fully- functional debit card. In fact, you can easily get it from the following banks: ASB, BNZ, TSB, ANZ, and the Co-operative bank NZ.

Conclusion

These are the top payment options for convenient and safe money transferring to online casinos in New Zealand. In fact, it’s available all over the world, because it’s extremely easy to use, and the security is on the high level.

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FAQ

What is a wager?

Wager is a multiplier that shows the minimum amount of bets that a user must place in order to be able to withdraw the winnings. The smaller the size of the wager, the more profitable for you.

Do I have to declare online casino winnings?

Taxes in NZ

Usually, after the successful winnings you will be presented with funny music and flashing lights. However, we need to know whether the gamblers should pay taxes or not. Take into account that the taxation process depends on the particular country. For example, in the US, if the winnings are more than 1200$ you have to make a report. Moreover, you have to prove the identification information of your age and passport. So, in the US you have to pay tax up to 25% depending on the certain game. However, in Canada or New Zealand, there are taxes free. In fact, New Zealander have to pay income tax, but it’s very unusual for winnings to be taxed.

Conclusion

The declarations of your winnings are required in few countries, including the US. However New Zealanders can play for money and win a lot without any taxation from the government.

What online casinos have igt?

The old but gold IGT, or fully International Game Technology, is the provider of online games of a casino kind. It is popular enough among online casinos. To tell the truth, almost all gambling sites have the IGT games in the lobby. The reason why they add the games is the reliability and variety. The provider has got table games, lotteries and, of course, impressive slots. The slots are indeed amazing with the bonus games, features, and progressive Jackpots. The most played slots are Cleopatra, Golden Goddess, Wheel of Fortune. I am sure you have heard about them before.

Provider IGT started its activity a long time ago. To be more exact, in the 80s of the twentieth century. Thus, you can be sure the results are real, and the RTPs are high. As I said before, there are a big number of sites with IGT games. So, you will hardly find any trouble when searching for the games. Let me recommend some online casinos with excellent service and IGT included: Jackpot City, Spin casino, 888 casino, Ruby Fortune, Royal Vegas, Kaboo Casino, Guts, Dunder, Thrills Casino.