POLi is an online payment method that was founded in 2006 and has its headquarters in Australia. Apart from e-commerce, you can conveniently use this payment method to fund your gaming account in over one hundred online casinos across Australia and New Zealand.
POLi is licensed and regulated by both the Australian and New Zealand governments. To further ensure that all your casino transactions are secured, this payment method has only partnered with licensed online casinos.
Who can use POLi?
POLi is only available to players from New Zealand and Australia. You also need to have an account with any of the 26 participating banks.
At the time of writing, some of these banks include Bank of Melbourne, Newcastle Permanent, Citibank, BankSA, Bank of New Zealand, Kiwi Bank and ANZ.
This online banking method allows you to conveniently make online payments without having to link any of your cards to your bank account. When you want to make a deposit, your bank will handle the transaction from its end, without you having to provide your account details at the casino.
Making a deposit using POLi
To use this method of payment to fund your casino account is quite easy. You only have to select POLi from the casino cashier page and select the amount to deposit. You will then be prompted to choose your bank, and the transaction will be finalized from the bank’s page.
After the transaction is completed, your funds are instantly credited to your casino account. There are no transaction charges, making POLi the better option compared to other methods like Visa cards.
Using POLi to fund your casino account is safe and secure since you don’t have to provide your account details at the casino. All you have to do is select it from your casino cashier, and your bank will entirely handle the transaction.
Another advantage of using POLi is its reliability. Unlike e-wallets like PayPal, this payment method does not require you to open a separate account as the transaction is completed directly via your bank.
With most online payment options, you can’t withdraw your casino winnings with them. But with POLi, you use it to make both your deposits and withdrawals.
As much as POLi is a reliable method of payment, it is only available to players from Australia and New Zealand. Also, if you are from these two countries, you must have an account with the 26 available banks for you to use it at any online casino.
The other drawback of using POLi as a banking option is that during withdrawals you will have to provide your account details and a small processing fee will be charged.
POLi has been in operation for over ten years now. It’s great for players in both New Zealand and Australia, but only if you have an active account with the listed banks. However, if you are a player outside these two countries, you can opt to use other online banking methods to make deposits/withdrawals at your favorite casino.