POLi Casinos with Instant Withdrawal (2024)
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POLi is an online payment system developed by POLi Payments Ltd. that provides users with a secure and convenient alternative to traditional payment methods. Previously based in Melbourne, Australia, POLi was owned by SecurePay Holdings, a fully functioning subsidiary of Australia Post. This previous affiliation with the government of Australia ensured a reliable and trustworthy platform, but it's worth considering POLi outside of this begone relationship. Since then, the company was acquired by Merco in New Zealand after the Australia Post had closed all operations of POLi in the country.
Overall, POLi is a highly accessible and straightforward e-wallets that allows its users to make payments from their bank accounts directly to any online casino, merchant, broker, service provider, you name it!
With close to two decades of experience, POLi has established itself as a reputable online payment processor, since 2004, specializing in direct-from-wire payments. By utilizing POLi, users can conveniently make payments directly from their bank accounts, without the need to disclose any debit or credit card details, which undoubtedly adds a layer of anonymity that is valued by both users and merchants. In essence, this e-wallet functions as a seamless and secure alternative, similar to a direct bank transfer, used for managing monetary transactions for all your online casino account needs.
POLi provides a fast, safe, and reliable payment solution for online gambling enthusiasts in New Zealand, and beyond, although it may be limited to most other jurisdictions. By utilizing POLi, users can conveniently make transactions without the requirement of registering or opening an account. This lack of registration ensures that users' personal banking details are completely secure and inaccessible to any unauthorized parties, thereby enhancing the overall safety and peace of mind for users. These anonymous payments are encryption using the state of the art SSL 2048-bit encryption to ensure that all users and their transactions are beyond any need to ever worry.
With POLi, customers can ultimately choose between two distinct experiences: “selling” and “buying.” By utilizing POLi, customers can easily settle their bills, transfer funds to and fro online casinos, purchase products and services seamlessly, and enjoy numerous other advantages. This e-wallet is particularly favored by e-merchants and online service providers, providing a reliable and versatile payment option.
At POLi, security is paramount, and they excel in ensuring it. Every POLi payment is safeguarded, guaranteeing utmost protection and safety from data breaches and frauds. As previously mentioned, players can deposit funds to online casinos without disclosing any banking information, eliminating worries about unauthorized access. Moreover, POLi's commitment to security is further reinforced through their partnerships with the finest and most reputable banks and institutions in New Zealand, adding not only the added reliability of banking institutions to the mix, but also a level of experiences reflected into the payment system's modus operandi.
The POLi payment system places great emphasis on user data protection by never capturing sensitive information like passwords and usernames. Regular security assessments are carried out to ensure that the POLi system complies with the latest and most rigorous security standards in the e-payment industry, while its direct affiliation with local banks is a guarantee that there will be no misbehavior of any kind.
If you encounter any problems with your POLi payment transaction – a happenstance that is very unlikely to ever occur – the anxious user can reach out to the dedicated customer support team known for their reliability that is available from Monday to Friday, 8:00 am to 5:00 pm Melbourne time. You can get in touch with them through live chat, email, or phone.
Furthermore, the platform offers supplementary tools to assist customers. Users can access a tutorial video on the homepage, providing a comprehensive overview of how the POLi payment functions. If that was not enough, a comprehensive FAQ section has been organized into two primary categories: one for customers and another for merchants, covering the most inquired questions.
POLi utilizes three main base currencies for all transactions. These include the USD, the New Zealand dollar (NZD), and the Australian dollar (AUD), all three being globally traded currencies meaning that their prices are not all that volatile, i.e pegged to other major currencies, which guarantees unambiguous price fluctuations.
Deposit and Withdrawal Fees and Times
Based on our observations, it appears that POLi Pay typically refrains from imposing any charges upon its clientele for utilizing its services for deposits in online casinos, that it (other services may be different in this regard). However, it is crucial to acknowledge that banking services and online casino platforms may levy their own fees. It is worth mentioning, though, that online gambling establishments rarely impose such commissions, if at all. Nonetheless, we strongly advise conducting a thorough examination of the payment terms and conditions prior to making any investments, so as to ensure to avoid any hidden are well concealed fees and commissions.
Sources state that POLi withdrawals are charged a fee of $0.30 fixed commissions plus a measly 0.9%. However, we cannot see how this can be in any way applicable considering that withdrawal via POLi are all but available. In only rare cases can clients actually make a online casino withdrawal using POLi. As we shall see further down in the text, withdrawals here are tricky and are not really meant to be; they are not a selling point, and as a result one of the main drawbacks of the payment system.
One thing that users should be made aware of is the presence of currency conversion fees. As we revealed the main base currency used by POLi is the New Zealand dollar, meaning that if you wish to use a different currency within the system this primary fiat must first be converted to either of these currencies first, and this transaction can accrue conversion charges.
The great news for all users that have access to POLi is that all deposits are completely instant, meaning that they realistically take seconds up to a minute to get really processed and reflected in a client's account. We don't know about you, but instant and seamless deposits to us sounds very alluring.
But perhaps the other good news today, aside from the fact that POLi does not charge any fees for deposits to users, has to do with the merchants.
Merchants who use POLi as their primary or secondary payment option can enjoy a fee-free experience. Specifically, New Zealand, and to some extent Australian, merchants using POLi are exempt from any ongoing monthly fees, in general. However, in extreme cases, there may be a standard 1% POLi payment charge, which is limited to a maximum of $3.
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As much as we like and respect POLi we have to be realistic and objective in our judgements. POLi may be excellent but it still is far from being the only e-wallet available to users, but just an actor in a whirlwind of an industry of alternative payment systems that are in a constant state of competition with one another. So it makes sense that there are dozens of known alternatives that can do the same job as POLi. So should you end up in a position where you cannot access this payment method, no need to worry, for there are alternatives, as you can see from the above table.
PayPal is a highly popular digital payment method that is extensively utilized by pretty much everyone. It provides a secure means for users to make payments without providing their financial details. Moreover, PayPal offers comprehensive protection for both buyers and merchants, effectively preventing fraud and all risks. Additionally, it seamlessly integrates with various online platforms such as e-commerce websites, online service providers, and even online casinos. In short, PayPal encompasses all the necessary features and functionalities required by modern standards.
Credit and Debit cards and the major payment method for any type of service and product, be it online or off. There's not much to be said; more than half the world population uses these.
Payz is a traditional e-wallet that that allows users to effortlessly send and receive money. It serves as an ideal payment system for online gambling platforms, guaranteeing fast transactions and providing users with the advantage of low fees. Depositing funds into your gambling account is quick and hassle-free that can be completed within minutes. Withdrawals are processed in much the same way. It may not be the biggest alt payment wallet but it sure is something that is emerging as a real competitor, so we wouldn't be so fast to dismiss it.
MuchBetter, a highly popular e-wallet app for online gaming, is the go-to choice for depositing and withdrawing funds to many punters. Make no mistake, this e-wallet incorporates advanced security features, speedy transactions, and low fees. This electronic wallet fulfills all the crucial industry prerequisites, ensuring a seamless gaming experience.
Lastly, we have Skrill. Having been founded in 2001 in the United Kingdom, this e-wallet service has grown to operate in more than 120 countries worldwide. It provides users with the convenience of being available in in 40 different currencies. It's quite literally one of the biggest and most popular alternative payment system in the world, covering so many markets that at times you wonder how it hasn't monopolized the entire market.
Please note that these are just a smidge of the available payment systems acting as alternatives for POLi. The ones we have included here are in our opinion, arguably, the best alternatives to the payment method currently being discussed.
As we already made clear, POLi is not what it used to be, structure-wise. In late 2023 it was announced, rather unceremoniously, that the platform will cease all Australian operations, wherein Australia Post will sell of the company to New Zealand's own Merco distributor, pointing as main the reason for this sudden shift the unwillingness of Australian banks to continue to accept POLi. POLi will continue to function in much the same way users are used to, but internally it will have to adapt to a new corporate structure.
One of the major selling points of POLi is the ease with which a client can deposit. In this case we are talking about online casinos and how to successfully invest in them via this particular payment method. As any payment method there are a number of steps that have to be followed, in our case these being baby steps. That's how easy it is to deposit by means of POLi and start focusing on what truly matters: playing and wagering.
While looking for an online casino, you have to make sure that it supports POLi as a payment method; best way to do that is check with the payments page, the legal documents, or check with the support team. It is imperative to carefully select a casino that suits your individual requirements, and we strongly advise you to thoroughly assess whether or not the casino suits your needs.
Once you have successfully created an account with your chosen casino, navigate to the payment page and select POLi as your desired deposit method. You will then be directed to a separate page where you can conveniently fill out a straightforward form with all the necessary information. This form is your only real attachment to the payment system, as there is no need to visit the official website of the payment system.
Upon completion, it is necessary to authenticate your transaction and await the transfer of funds. POLi offers the feature to eliminate the need for users to create an account with the payment method. With POLi, you can spend hundreds of hours using it without ever having to visit the official website. If this isn't an indication of user-friendliness, we don't know what it. Once the transaction is completed, an email confirmation will be sent to you. From that point on, you can indulge in what the casino has to offer.
What about withdrawals via POLi? Well here's where things can get a little iffy, as withdrawals via POLi can be a bit tricky. It's important to note that not all gambling sites support this service for withdrawals, in fact the list has grown to be quite thin. If you are planning to user POli as your withdrawal method (as well as depositing one) make sure to verify if this option is available, first and foremost. The tricky part is as that if you wish to withdraw funds, you'll need to sign up on the POLi website and fill out all the required registration forms and any KYC documents. Once completed, you will have to choose a special pricing plan, and only then can you submit your withdrawal request. In essence, you will need a prepaid plan to be able to withdrawal, and you have to ask yourself it it is worth it?
POLi has still to expand into most territories. Its main audiences are currently based in New Zealand, with some limited customers in Europe, the American, and Asia. Since the firm changed corporate hands, it has lost a big footing in its country of origin but it does retain some presence there as well.
POLi's banking currently supports banks from New Zealand. However, this list is constantly building up and expanding, meaning that at some point the company is bound to expand to multinational markets and banks, or so the logic leads us to believe. This would greatly increase the firm's market share and attract a sizeable multi cultural audience that will lead to more profit in the long run.
Experience the convenience and security of POLi, a payment option designed for online casino players in mind. A major selling point with POLi, is that there is no need to disclose any banking information when depositing funds into your casino account. While primarily catering to players from New Zealand POLi may also be accessible to a wider audience on some occasions, but we are sure that in the near future the payment system will expand to cover international markets more thoroughly. Despite the withdrawal process being ambiguous, players should not give up on this payment method. It's a very accessible way to easily manage your funds in online casino, especially New Zealand ones.
- Deposits Are Entirely Free of Charge
- POLi Offer Very Safe and Secure Payments
- You Can Make Anonymous Payment With POLi
- The Withdrawals Can Prove To Be Processed With Some Delay
- POLi is Not Widely Available On All Casinos
- Ambiguous Withdrawal Fees Can Lead to Unexpected and Unwarranted Commissions