Guide to Using POLi: Live Casino Payments for Australia
When it comes to depositing in Australia-friendly live dealer casinos quickly and securely, POLi is the payment method that comes to mind. It tops the list of payment recommendations for Australia and New Zealand, and not without a solid reason.
Launched in 2006, this banking software made a small revolution in the world of online payments, introducing faster, cheaper, and more approachable ways to pay. POLi Payments Pty Ltd. wanted it to be a local alternative to PayPal or BPay. So, it partnered with the leading banks in Australia and New Zealand and rolled out the innovative software.
In a nutshell, all you need is a bank account with either of the banks-partners of POLi. You don’t need a card, don’t have to be registered as a POLi member, and don’t need to pay transactional fees! The reviewed banking method simply connects your bank with the merchant via a secure online connection. All that’s left to do is verify the transaction, and the payment is completed.
The services turned out to be such a success that today, more than 30 million customers use it regularly. Payments are processed in AUD and NZD. Of course, if you come across a live dealer casino that only accepts USD, EUR, or any other currency, POLi will automatically manage the conversion, and in this case, fees will be unavoidable.
But what’s truly great is that our research shows – there are plenty of great AUD and NZD-friendly live dealer lobbies that accept POLi. So, all that’s left to do is choose the platform and start playing.
Making Deposits with POLi
Because POLi itself does not require any preliminary registrations within the system, you can proceed immediately to choosing an online casino that accepts this payment method. Register an account with it and head to the cashier.
In the cashier, specify the amount you’d like to deposit. POLi will support any minimum listed in the cashier, even if it is only 10 AUD/NZD.
Choose POLi and your bank and wait for the system to automatically redirect you to the login page of your online banking service. Verify the transaction. Funds will be added to the account instantly and no fees should be charged.
You are now all set to play.
Making Withdrawals with POLi
The only downside to POLi other than its limited availability to other countries around the globe is the fact that players will most likely not be able to withdraw with it.
Instead, online operators usually use bank or wire transfers. Automatically, this raises the bar for the minimum withdrawal. While users of e-wallets can claim payouts as soon as they have at least 20 credits in their balances, for bank transfers, the minimum threshold is 50 to 100 AUD/NZD.
Another factor to take into consideration is that payouts via bank transfer usually take longer than via other payment methods. Reserve between 5 to 6 workdays for the teams of casino and the bank in the payment chain to process your request.
The good news is that withdrawals by the bank are always safe.
Finally, to help you work out some alternative options, you can consult with the help desk representatives of the selected casino as to whether they support cashouts to cards or to crypto-wallets. As a rule of thumb, it is always a good idea to discuss with the help desk representatives all the deposit and withdrawal options, even if it seems very clear and straightforward at first glance.
Things to Know About POLi
While it is often referred to as an Australia-friendly payment method, POLi is, in fact, available not only for Aussies and the Kiwis but also for the residents of the United Kingdom. Although, in this part of the Commonwealth, they use it much less frequently.
POLi Payments Pty Ltd, the managing company of the payment method, collaborates with several banks in Australia and New Zealand to make these payments happen. In Australia, we are talking about 15+ banks, including ANZ, Bankwest, and Suncorp. In New Zealand, more than 5 banks support POLi, including Bank of New Zealand and Kiwibank.
One thing to keep in mind is online gambling is heavily regulated in Australia. So, with bank-based payment methods like POLi, there can be a concern as to whether it can block access of Aussies using it to international lobbies. The simple answer to this is No. The banks won’t block access to international gambling venues and won’t reverse payments.
However, if the sums are big or too frequent, they can check. Especially considering the recent cases of banks being sanctioned. As long as you play responsibly and for recreational purposes, this should not be an issue.
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Top 3 Benefits of POLi
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POLi’s main value is that it makes online payments as affordable as possible, so it does not charge its users for transactions and encourages merchants not to, either.
If you do not have a card or, for some reason, prefer not to use it online, POLi is your payment method of choice. It works with banking, skipping cards
One major difference between POLi and other payment gateways, e-wallets, and methods is that it does not require registration, which makes online payments so much faster and easier.
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Our Opinion about POLi
We know that when it comes to online gambling, Aussies often have to compromise. The local regulations restrict access to many international brands and prohibit online gambling with local providers. There is also not a big choice of games in those international lobbies that actually welcome traffic from Australia.
It is good to see that at least the players don’t have to compromise when it comes to online banking. POLi is as good as it gets. No extra fees, no registration, fast deposits – if there is a direct way to add cash to the account and to start playing immediately, we’d recommend using it.
Plus, from what we see, POLi is a frequent guest in lots of great online lobbies recommended for Australia.
POLi: Frequently Asked Questions
It may not be better but it is definitely different. When paying by a card, you will need to expose sensitive information, including the CVV, and then hope that the data is safe. With POLi, there are no cards involved. You connect the bank where you have an account with the merchant via the safe gateway and that’s it. On the other hand, cards are a payment method included in Aussie-friendly online lobbies more frequently, so this may be a downside but it is not a critical one.
Among many great brands, definitely check out SpinUp Casino. Its minimum deposit is 20 AUD. The lobby has plenty of great software developers and a good selection of live games.
Most likely, this would not be possible. However, the help desk representatives of the selected brand will consult you on the recommended alternative cashout methods.