POLi, formerly known as “Centricom”, is an Australian payment method founded in 2006 and it is available only to Kiwis casinos and Aussies.
Similar to Paysafecard and Neurosurf, this method allows users to pay for goods or services online without using a credit card. The great advantage of this innovative method is that the user does not need to create a new account to use the service and can purchase directly through the POLi website or app.
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Currently, you can use POLi to make your deposits and withdrawals at a wide range of New Zealand casinos.
| POLi Summary | |
| Currencies | NZD and AUD |
| Funding source | Bank account |
| Available in New Zealand | Yes |
| Connecting bank account to POLi | No fees |
| Cashing out the balance via POLi to your bank account | No fees |
| Pay to online merchants | No fees |
| Hidden costs | No |
| Available for deposit at New Zealand casinos | Yes |
| Available for withdrawal | At some casinos |
| Deposits processing time | Instant |
| Eligible for bonuses | Yes |
| Withdrawal processing time | 3 – 5 working days |
| Live chat | Yes |
| Phone support | 1300 060 653 |
| E-mail support | [email protected], [email protected] |
What is POLi?
POLi was the first prepaid method to be launched in Australia and New Zealand in 2008. However, this service was not very popular as it had serious security flaws that made it vulnerable to hacker attacks. Nevertheless, these issues were soon resolved and POLi is now a completely secure payment method that you can rely on to make transfers, pay subscriptions, or make money transactions in online casinos as well.
Online gamblers can use the service through a website or downloadable app. Both options provide the ability to easily perform transactions without the need to create a new account.
How to Use POLi?
POLi is a payment method designed to protect and secure your online payments. With this service, you will not need to rely on your bank card at all, instead, the payment will be transferred from your bank account to the merchant account directly. Thus, you will not have to share any of your sensitive data with the merchant or any third party.
Here is how you can use POLi step by step to make deposits at New Zealand casinos:
- Go to the cashier section and choose to pay with POLi.
- Enter the deposit amount.
- You will be directed directly to the POLi website/app.
- Choose your bank.
- Enter the username/password of your account with the bank.
- The transaction confirmation page will appear, which shows your account, the value of the transaction, the date of the transaction, the name of the payee, and its bank account number.
- If you have previously deposited at the casino using POLi, you will not be asked to enter all this info again as you only need to confirm the transaction.
- Finally, confirm the transaction.
As you can see, when you use POLi you don’t have to provide any of your personal data or link your credit card to your account.
At the current time, there are only 7 NZ banks that accept POLi which are:
- ANZ
- ASB
- BNZ
- The Coorperative Bank
- TSB
- Westpac
- Kiwibank
What Are POLi Fees?
POLi does not require fees on the part of the user. However, a withdrawal fee of $0.30 plus 0.9% of the total transaction amount is charged. It is worth noting that your bank may place additional fees on your financial transactions as well.
POLi Transaction Processing Time
Deposit transactions through POLi are processed instantly. So, players don’t have to wait long to start playing. However, withdrawals require up to four business days for the casino team.
POLi Casino Bonuses
Although New Zealand casinos do not offer special bonuses for POLi users, players who opt for this option can get all the bonuses of casinos. If you want to know whether or not you qualify for a bonus using POLi, just check the terms of service or contact the support agents.
POLi Casinos Security & Reliability
POLi protects your connection to its servers with HTTPS and SSL. Thus, you can be assured that all your transactions are completely secure and free from the risk of hacking or fraud.
The terms and conditions of the service state that no user data or password is collected, saved or stored on the servers of the service. Given all these features, you can trust this medium to make your money transactions in online casinos.
Pros of POLi Casinos
It is not surprising that POLi has recently grown in popularity among Kiwis, considering the sheer amount of features it offers to users. So, let’s go over the main benefits of using POLi in New Zealand casinos:
No Fees
No one likes extra fees and this is the number one reason why many players prefer poly casinos. Payments made through this method are completely free of charge. However, this does not apply to withdrawals as users have to pay a withdrawal fee of $0.30 plus 0.9% of the transaction value.
Privacy & Confidentiality
When using POLi, users do not have to share any details of their bank cards or bank accounts.
Secure Payments
Safety and security have always been major concerns for many New Zealand casino players. Fortunately, this method fully protects both the financial and personal data of the users while at the same time providing completely safe and instant payments. In other words, you can easily make your deposits via your PC, smartphone or tablet with ease.
No Registration Required
POLi transactions only require a few minutes because the payment method does not require any registration. To use POLi, all you need is a bank account connected to the service and an internet-enabled smartphone only!
High Transaction Limits
You can use POLi to make deposits from $1 up to $50,000 or more. However, not all New Zealand casinos or banks have identical POLicies. Therefore, the max deposit limits may vary.
Cons of POLi casinos
Although POLi is an amazing payment method for Kiwis, it still comes with some drawbacks. So, carefully read the following points before you decide to use POLi
Limited Number of Banks Accept It
A serious problem with POLi casino is that it is only compatible with a limited set of banks and this prevents a large segment of New Zealand and Australian players from using it.
Your Winnings Cannot Be Withdrawn Using POLi
Sometimes NZ casinos do not allow users to withdraw their winnings using POLi and require them to withdraw it by direct bank transfer. This is a negative point since there are plenty of alternative payment methods that support both deposits and withdrawals as well.
Conclusion
POLi is an easy-to-use, fast and secure banking solution. However, this method may not be convenient for many users since there are only a few casinos that support it. In addition, POLi integrates with a limited number of banks, which is a limitation for many players.
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