POLi is not the most prominent payment option globally when factoring in big names such as PayPal, Visa/MasterCard, etc. However, the payment provider is popular across two countries – Australia, where it debuted, and New Zealand. Rarely will one find a reputable online casino in NZ or Australia without POLi as a payment option. And as a result, players can expect the two main currencies, New Zealand Dollar (NZD) and the Australian Dollar (AUD), to be available while transacting. Unfortunately, unlike other big payment platforms, the provider does not support USD, GBP, and EUR. Read More
As one would imagine, having a customer base restricted to NZ and Australia, the transactions carried out yearly will be limited. However, those who prefer the method have several reasons for this. Firstly, the payment option is fast, secure, and offers a seamless experience to every user. Therefore transacting, either a deposit or withdrawal, on an online casino becomes a straightforward process. Secondly, the option denotes any need for credit cards and acts as an excellent alternative for those wishing to transact directly from their bank accounts. Thirdly, most banks in Australia and New Zealand support the method. Below is a list of some of them:
Australia
- Bank of Melbourne
- CitiBank
- Bankwest
- Commonwealth Bank
- Suncorp
- St. George Bank
- People’s Choice Credit Union
New Zealand
- Kiwibank
- Westpac
- TSB Bank
- The Cooperative Bank
- ANZ
- BNZ
- ASB
Like several banks partner with POLi, many online casinos accept POLi use on their platforms. The list keeps growing, but players can expect close to sixty (60) online casinos. From the benefits of the payment method, it is easy to deduce POLi’s popularity among users. Provided one hails from New Zealand or Australia, the method remains popular to transact with at a casino. Currently, the option’s use is strictly limited to New Zealand and Australia, although the option faces no ban in other countries. It is only a matter of time before the provider stretches its foothold to other regions.
With the cryptocurrency craze worldwide, POLi supports Bitcoin transactions, allowing users to buy and sell cryptos through their platform. This remains a perfect avenue for players who love using cryptocurrencies while gambling.
About POLi
POLi Payments’ debut traces back to Melbourne, Australia, in 2006. It was formerly known as Centricom, and POLi Payments Pty Ltd was the developer behind its inception. SecurePay Holdings, a company under Australia Post, would later acquire POLi Payments. There were three (3) versions of POLi released as follows:
- Version 1. The first version was an ActiveX control, and even while some people used it, it did not gain much traffic, mainly due to security concerns. The version was seen to provide a loophole for hackers to access and steal personal data, and this would be one section they stood to lose ground massively, considering the option was intended for online use. Version 1 is no longer in operation.
- Version 2. The second version debuted in 2008, operating on the .NET Framework ClickOnce application. Unlike Version 1, Version 2 is still operational in New Zealand, with several banks opting for it for the improved security aspect that superseded the user experience. The version required downloading the application with additional software plugins for users on Chrome and Firefox.
- Version 3. The third version is the current version operating since its debut in 2012. One highlight of the version is that it stood out for enabling transition where users would transact through their Macs and mobile devices, an aspect that lacked on the previous two versions. This version also set a milestone since it allowed online casino users to make their transactions.
Several reasons point out POLi’s growth over the years. They include the heightened security measures it undertook to keep the hackers at bay and the transition that enabled users to make online transactions, including online casino players, through devices such as mobile phones. During POLi’s debut, other alternatives such as BPay in Australia were available and followed the same online banking payment model.
Other providers such as Zimpler would later come up in 2012. While the start was slow, mainly for security concerns, the provider worked to seal every loophole and upgraded its services. Today, it is undeniably a prominent payment provider in the two countries and is preferred by online casino users.
Using POLi to Gamble
Are you an Aussie or a Kiwi resident and wondering the best online payment option to use on your casino account deposit or withdrawal? Worry not. POLi offers an avenue for either transaction and ensures every transaction is fast, secure, and incurs little to no cost.
What’s better is that the payment method does not require a player to create an account with them while depositing, making it a preferred option with little paperwork. And with the provider partnering with loads of popular banks across the two countries, many online casino players are catered to. Additionally, the provider works with 60+ casino platforms. We take a look at the deposit and withdrawal process:
Depositing to a POLi Casino
POLi gets its cred points for how easy it is to use their option, how fast the payments are transacted, and how secure they are. Back to the earlier point, players will not require any special account to top up before making a qualifying deposit. Instead, the payment provider only needs a loaded bank account from the banks supporting the method. If the above requirement is met, depositing becomes a straightforward process.
In a nutshell, the deposit process will only involve the bank and the online casino, with the option acting as the transfer medium. It is also important to note that banks partnering with the payment option support online banking.
Players should not worry about the limit ceiling since the provider does not place any. However, they should check with their online casino for the minimum and maximum deposit limits before transacting.
Step by Step Deposit Process Via POLi
Here is a simplified process of making a qualifying deposit:
- Find a bank supporting the method: Create a bank account at any POLi-friendly bank and deposit funds. This will be the source of your funds whenever you wish to gamble online at a POLi casino.
- Find a POLi casino: We have researched and reviewed many casinos in Australia and New Zealand, but the ones on this page remain on top for being safe, secure, and fair to all users. Choose one that meets your preference regarding bonuses & promotions, payment limits, user-friendliness, and other aspects, and create an account with the casino.
- Go to the Deposit/Cashier/Banking/My Account/ section: You will have the avenue to make a direct deposit in this section. Choose POLi as the preferred deposit option. A pop-up window will come out, prompting you to put the amount of money you wish to deposit. Next, select the bank you have an account with. You will be required to login into your online banking page, where you will confirm the payment.
- Funds reflect instantly: After confirming the payment, funds will reflect instantly, and you can get cracking on the casino games available. It is also important to claim a welcome bonus from the casino if it offers since it allows you to extend your bankroll and, ultimately, the payout.
POLi Deposit Fees. The provider does not charge any fee on a deposit from your bank account to the online casino. However, players should check with the casino if they charge any fee for deposits.
Withdrawing Through POLi
Unlike some one-way methods, the provider offers both deposit and withdrawal options. The withdrawal process from a casino is also straightforward but needs an extra step. Like deposits, most withdrawals are fast, and the question of how fast is hugely dependent on the bank one holds an account with and how long the online casino processes the withdrawal requests. The security aspect is top-notch on every withdrawal since limited information gets out. In addition, the casinos ensure that security on their side is highly-regarded.
Withdrawals will need a player creating an account with POLi on their website. Remember, this is not a required step when depositing. Also, keep in mind that the minimum and maximum withdrawal limits will be dependent on the casino a player opts for. However, withdrawals are chargeable, unlike deposits. Every transaction will have a fixed fee of $0.30 and a 0.9% of the transaction amount deducted as commission.
Step by Step Withdrawal Process Via POLi
Here is a simplified process of withdrawing funds:
- Create a POLi account: Go to their platform, and create an account with them by providing the required information to remain compliant with KYC rules. Besides your banking details, you will have to provide a username and a password.
- Complete the wagering requirements: Remember the welcome bonus? If you were lucky to accrue some winnings from the bonus, you need first to complete the wagering requirements to withdraw the winnings. For example, if the wagering requirements are 50x on the bonus, you need to play the bonus 50 times before withdrawing.
- Go to the Withdrawal/Cashier/Banking/My Account section: Choose POLi as the preferred withdrawal option and enter the amount of money you wish to withdraw.
- Complete prompts and confirm withdrawal: Follow the simple steps to complete the withdrawal process. Provided your casino account is verified, the casino will take a short time to process the request (24-48 hours) before releasing the funds instantly.
POLi Withdrawal Speed
As stated, the withdrawal speed depends on the casino and the bank of choice. After making a withdrawal request, casinos take different timeframes to approve the request before releasing the funds. However, they take 24-48 hours to approve the request in most cases. The next factor is the bank of choice. Some banks credit instantly, while others may take more minutes or hours.
Benefits and Drawbacks of POLi
-
High-level security: One of the reasons the payment method holds an excellent reputation includes the security aspect that came with Version 2 and Version 3. Additionally, players do not require to give their banking details while transacting since only the login details are required.
-
Fast transactions: Every deposit and withdrawal, once approved, will credit instantly into the respective accounts (casino or bank accounts).
-
Free deposits and low withdrawal fees: Every deposit will be free of charge, while withdrawals will only take a small fee.
-
Many Australian and New Zealand banks support POLi: The payment option remains convenient for many, with many banks (25+) supporting the payment option.
-
Withdrawal fees: Despite having low fees, chargeable withdrawals do not sit well with some players.
-
Not widely accepted: The option is only available in New Zealand and Australia, compared to other alternatives with a global customer base.
-
Supports two currencies: Players can only transact in AUD or NZD on POLi casinos. Notable misses include USD, GBP, and EUR.
POLi Casino Bonuses
Many online casinos restrict specific payment methods for players wishing to claim deposit bonuses. Neteller and Skrill are the famous culprits, with AstroPay, EcoPayz, and Trustly cropping up in some cases. However, finding an online casino restricting POLi deposits to claim bonuses is unlikely. Players can grab every type of casino bonus, which is a positive. Moreover, players can also grab no deposit bonuses on some POLi casinos!
The special POLi bonuses for Aussie and Kiwi players also stand out on some platforms. The deposit gets a boost or gets matched up to a percentage, with the bonus eligible for any game.
Other common bonuses available at POLi casinos include:
- Welcome Bonus: The bonus is eligible for the newbies immediately after account creation and depositing. The casino might match the deposit to a set percentage to offer a cash bonus, with some topping up the bonus with free spins eligible for slots. In other cases, the deposit may trigger a set amount of cash.
- Reload Bonuses: The bonuses are eligible for consistent and existing players to retain them. A casino may set a deposit bonus if a cumulative deposit amount is met within the specified period.
- VIP Bonuses: The bonuses are eligible for high-rollers and loyal players in the casino. They are high in value, and besides the cash bonus, there are other benefits at stake, including prizes, trips, revised transactional limits, personalized bonuses, etc.
- Cashback Bonuses: The bonuses are eligible for existing players and seek to refund part of the stake if the bet loses. The cashback bonuses range between 5% and 20% in most cases.
Remember that all bonuses come with a set of terms and conditions players must meet to claim the bonuses wholly. They include the minimum deposit limits, bonus codes, game eligibility, bonus validity, wagering requirements, and game weightings. The wagering requirements are vital to complete since only then can a player withdraw the winnings. And failure to complete the requirements within the set timeframe results in the bonus and its winnings being voided.
POLi Online Casino Games
Now that you have spotted a POLi casino of your choice and deposited funds, the next step is playing the games. Most platforms/software providers allow players to play for free (without a deposit) or for real money, where the qualifying deposit is required. The latter option will provide real-money prizes/winnings.
While there are not hundreds of POLi casinos available, the games’ diversity is still experienced in the 60+ online casinos. Players will have a pool of options to consider, including:
- Slots: They remain the most popular casino games, and at POLi casinos, users will have classics, video slots, and 3D slots incorporated. They will experience different gameplay mechanics, including reels, paylines, themes, and bonus features. Expect top slots from NetEnt, Microgaming, Playtech, among other providers.
- Table & Card Games: Following closely are the table and card games where players will have options to choose from Roulette, Blackjack, and Baccarat variants. They can try different betting options on the various tables that allow small-stake and high-stake users.
- Video Poker: A combination of table games and slot strategies come in handy on the video poker titles available at POLi casinos. Players can choose famous titles such as Aces & Faces, Bonus Poker, and Deuces Wild.
- Live Dealer: POLi casinos also allow users to play games like they would on an offline casino. These games involve real dealers and real-time communication with other players. The standout aspect is users will play all popular table games in their live versions in this section.
Why Choose An Online Casino Offering POLi
In summary, below are the reasons you can choose a POLi casino:
-
They offer secure payments.
-
They offer fast transactions.
-
Deposits do not need any registration or an account.
-
Deposits are free of charge, with withdrawals charging a small fee.
-
They transact with reputable banks in Australia and New Zealand.
-
They do not restrict bonuses for transacting with POLi.
-
There are special bonuses attached to POLi deposits on some platforms.
FAQ
Is POLi free to use at a casino?
The method is free of charge since the provider does not charge any deposit and will not charge any fee for creating an account with them. However, players should check if their online casino charges any fee while transacting.
What countries accept POLi?
POLi is not the biggest payment provider globally, with its access limited to two countries. Currently, only Australian and New Zealand residents can transact with the option.
Can I withdraw casino winnings through POLi?
The provider does not only accept deposits but also allows players to withdraw their casino winnings. However, unlike depositing, players will need to create an account with the provider to facilitate an effective withdrawal.
Do I need a bank account to use POLi?
POLi is a payment option that helps facilitate online banking. For this reason, a bank account is a requirement and will act as the source of funds for the casino account. The main tip is to ensure your bank partners with the payment provider.
Are POLi deposits instant?
All deposits made will instantly reflect on a player’s casino account, which is one of the many selling points for the provider.
Can I use the method with my mobile?
The latest POLi version is Version 3, which supports online transactions through devices, including Mac and mobile phones. The process is fast and straightforward, considering you will only require to provide your login details to complete the transaction.