Top Australian Payment Methods for Online Casino Players

Australian Payment Methods

Australia, the land down under is one of the most important markets in the eyes of online casino operators. It’s a big, 1st world country that has been of interest to casino operators both from Australia and from around the world as well. Eventually, Australia became a core market for new and well-established casinos. The shift in regulations which took place a decade ago changed how Aussies play casino games.

Since the dawn of online gaming deposits and withdrawals have been major concerns, but not from a security point of view. Instead, payment options have been scarce. The lack of methods to choose from forced Aussie players to deposit and withdraw with conventional payment methods like Credit Cards, Debit Cards or Bank Transfers.

POLi Payments

POLi is Australia’s very own online banking deposit and withdrawal method. It’s seen much attention from online players and online casinos as well. It allows players to make direct payments from their bank accounts to online casinos. Online banking is considered as the future payment method of choice of all casino players, Australian players included. E-wallets are convenient, but online banking takes online payments to a next level.

We must point out that POLi Payments is available in Australia and New Zealand only. Players from other countries cannot open a POLi Payments account because one of the requirements is to have a bank account in Australia or New Zealand.

It is the equivalent of the German Sofort, the Swedish Trustly and BankLink and/or the Finnish Euteller. Deposits made to online casinos that have a global presence might be subject to minor, almost inconsiderable fees of 1.5%. You should know that this is way below the market average fees of 2.5% to 3%.

POLi Payments is mainly accepted as a deposit method, forcing POLi depositors to withdraw with other payment methods, usually Bank Wire Transfers. The nature of POLi has already paved the way for withdrawals, but it all comes down to the operators’ discretion if they want to pay out winnings via POLi Payments.

FlexePIN

It was only a matter of time before Australians got the opportunity to deposit safely with vouchers. FlexePIN is the deposit method that offers the highest level of privacy and security. Online casinos that are inclined towards Aussie players take FlexePIN as an almost mandatory deposit method.

FlexePIN definitely has a bright future in the online gaming industry, considering how it works, the convenience and the cost efficiency, FlexePIN has the potential to become a key payment provider. It started small, available only to Australian players. However, it didn’t take long to start expanding in other countries, Canada is the 2nd market FlexePIN has penetrated. As it turns out, they’ve started an aggressive expansion strategy. We expect it to be available in most of the countries where online casino players are present.

In order to use FlexePIN you must have a FlexePIN top-up voucher merchant in your proximity. The moment you get one in your neighborhood is the moment when you can start depositing via FlexePIN to online casinos that are registered FlexePIN merchants. All you have to do is input the 16 digit code and you’re good to go.

Paysafecard

Paysafecard’s journey started in Austria. A few years later it became the prime prepaid card, favorite among online casino players. Unlike FlexePIN, Paysafecard is available all around the world. They’ve also added the My Paysafecard feature, which should allow players to withdraw as well. To put it in simple words, it became an e-wallet. Regardless, most players use it as a deposit method only.

All you have to do to use Paysafecard as your deposit method of choice is to find a merchant that sells Paysafecard. 10, 20, 50 or 100 AUD, it’s up to you! Paysafecard works the same way as FlexePIN does. To be straight, FlexePIN copied the model from Paysafecard, it’s not the other way around.

Paysafecard is the better option in case you’ve decided to opt for a prepaid or voucher deposit method. Your privacy is 100% protected. It’s an “over the counter” deposit method that will have your personal and banking details away from any databases. This is the main reason why it’s so popular among online casino players.

PayPal

The friendly, widely available PayPal is the grandfather of all e-wallets. PayPal is the most popular e-wallet in the world, however, not the most popular in the online gaming industry, Neteller and Skrill take the top 2 spots in the popularity race. However, they come with higher maintenance and service fees.

Players who like to jump from one casino to another will find it difficult using PayPal, mainly because PayPal is accepted at well-established online casinos only. Aussies who prefer to stick one online casino and feel the merits of any VIP programs will find PayPal as their best friend. It provides a clear overview of how much you’ve spent and where, how much you’ve received and from what source, not that the other payment providers do not offer these features.

If you already have a PayPal account, we recommend using it for both depositing and withdrawing. You can connect it with your Credit Card or your bank account. Depositing with PayPal spares you from providing additional documents to the online casino operator.

Credit Cards

60% of all online payments in Australia are credit card purchases. Online casino players are savvy in terms and conditions. If you want to make your online gaming experience cost effective you better opt for some of the alternative payment methods we mentioned earlier.

Then again, credit cards have their own advantages. Basically, there’s no online casino that will deny a credit card deposit. Some online casino operators are willing to give you a deposit boost if you deposit via credit card. You should know that credit card deposits are always subject to fees. Moreover, be prepared to provide a set of documents which you might be required to disclose to the casino operator as part of the KYC (Know Your Customer) policy. Credit cards are at the forefront of frauds and cybercriminal. These procedures are the least the casino operators can do to protect your interest. In a way it’s a double-edged sword.