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The safest payment methods for iGaming in 2022

online payments

Those who love real-money gambling know how important it is to make safe, convenient, and fast transactions. Nothing is more annoying than deposits with fees or withdrawals that take 7 or even 10 days. But it is easy to get lost in various payment methods, especially if you are new to gambling or are used to only one or two options.

For this reason, we’ve made a list of 9 payment options that have earned a good reputation among gamblers. After choosing your perfect payment solution, head to New Zealand online casinos that accept Paysafecard, Visa, or Bitcoin, and you are guaranteed to have secure and fast transfers.

Credit and debit cards

The number of payment cards is predicted to hit 17 billion by the end of 2022, meaning that there are more than two cards per person. We all own credit or debit cards, so there is no need to open a new account for gambling.

  1. Visa. One of the oldest payment methods on the market, Visa is used by millions of players and is considered the golden standard. It has debit, credit, and prepaid cards with fee-free deposits and encrypted withdrawals.
  2. Mastercard. It cooperates with over 25,000 banks worldwide, which means that you probably already own Mastercard and don’t need to open a separate account for gambling. This method boasts the highest level of protection.
  3. American Express. AMEX was introduced in 1850 and has around 110 million cards across the globe. Thanks to a dedicated app, it is easy to pay with AMEX, even if you prefer mobile gambling.

Digital wallets

E-wallets are a great alternative to bank cards. They don’t require a physical card, add an extra layer of protection, and usually come with many perks like cash back or loyalty points.

  1. ecoPayz. Founded in 2000, ecoPayz allows instant deposits by topping the virtual balance with a regular card. It has a native iOS and Android app with two-factor authentication and other protection measures. Plus, ecoPayz is accepted in hundreds of online casinos worldwide.
  2. Neteller. It is the most popular digital wallet among gamblers thanks to high conversion, numerous currencies, and no chargeback risks. But keep in mind that some online casinos block Neteller users from receiving welcome bonuses.
  3. PayPal. There are more than 325 million active PayPal accounts worldwide. It is available in almost every country in the world and accepts 25 different currencies, including New Zealand dollars. To make a deposit or withdrawal, you just need to save PayPal’s number as a preferred method and choose the necessary sum. 

Other methods

While there are lots of other payment options on the market, not all of them can be called reliable. Below, you will find three regular methods that seasoned gamblers use regularly.

  1. Bitcoin. The most famous crypto coin has numerous advantages, including 100% anonymity, data protection, and instant withdrawals. However, it is rather volatile, and transactions are irreversible.
  2. Paysafecard. Gambling with this prepaid card is extremely beneficial because you don’t have to share personal data, and it is impossible to exceed the budget. Just buy a card, insert its code, and throw it in the bin. There are also several official websites where you can purchase the card, so there is no need to go to a local point of sale.
  3. Wire Transfers. It is the simplest payment method that doesn’t require any third-party accounts or applications. Just transfer funds from your account to the bank and avoid any mediators. Unfortunately, withdrawals are rather long and take up to 10 work days.

In the first place, transactions should be secure

Above, we have discussed 9 payment options that have numerous virtues: from anonymity to many rewards. However, the key characteristic of a reliable method is security. Gamblers must be sure that their transactions are encrypted, safe, and are never shared with third parties. And that’s exactly what Visa, Neteller, Bitcoin, and other entries on our list have. These payment methods are chosen by millions of players worldwide, and once you try them, you will never want to choose something else.