POLi Payments, or formerly known as Centricom, is a money transfer provider that specifically targets Australia and New Zealand. Its headquarters is based in Melbourne and they are the center of their operations. It is the payment method of choice of the Australian public. Over the past few years, it became very popular amongst online casinos that market on the Australian continent.
For the time being, only individuals with Australian bank accounts can use the services of POLi. The list of accepted banks is rather long, but all of them have one thing in common, they have their divisions in Australia or New Zealand. Here, you can find the best POLi Payments online casinos, along with the bonus offers they provider to new players.
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Since its launch back in 2008 POLi Payments underwent through a lot of changes. POLi Version 1 was the pioneer that opened the doors of POLi Payments for the general public. However, it was full with security flaws and soon after it was launched it was taken down. Fortunately, this was done in time, before any serious damage was done.
After that POLi Version 2 was brought to the scene. This version is active even today in New Zealand. The security flaws were removed and the system was close to perfection. However, this outstanding system ruined the user experience as a download of software was and still is required.
The need for an in-browser version was both in the eyes of the developers and their customers. In 2012 POLi Version 3 was official. This time around POLi was accessible with the most common browsers such as Google Chrome, Mozilla Firefox, Internet Explorer, Opera and a few others. This allows customers to use POLi on their mobile devices as well.
First and foremost, POLi is not an e-wallet. It’s a link between you, your bank account and the merchant i.e. the seller, the provider. Payments made with POLi unlike those made with credit cards cannot be reversed. Once you send the money, the transaction is final, it can’t be reversed. A group of banks has warned their customers about the potential information leaks by the use of POLi and they’ve safeguarded them from any damage that might be done.
POLi Payments doesn’t charge any fees whatsoever for the transactions, but the merchant may charge you a fee because you’ve used POLi. That’s why it’s best if you check with your merchant or in this case with the online casino if there’s going to be a fee or not. Your personal information won’t be shown to the merchant, nor will your bank details.
Wherever you see the logo of POLi, rest assured they will accept your payment made with your POLi account.
The number of online casinos that accept POLi deposits and allow players to withdraw their winnings keeps on growing. For the most part, you’ll find POLi as a payment method at online casinos that accept players from Australia and New Zealand. The list is rather long, but we’d like to point out the most renowned only, such as CrazyWinners Casino, QueenVegas Casino, BitStarz Casino and 888Casino.
Depositing with POLi makes you eligible for bonuses and promotions. Over the past year or so, online casinos have made a move to blacklist certain payment providers. In other words, deposits made at certain online casinos with Skrill or Neteller won’t qualify for a welcome bonus, for instance. With POLi, you do not have to worry about this. The deposits are instant, whereas withdrawals are not that widely supported.
In essence, POLi is a great way to make your deposit and withdrawals at online casinos. The operator of the casino won’t have any information regarding your bank details. The operator will just receive the amount you’ve deposited. On top of this you can use POLi for making other payments as well like buying airline tickets, paying bills, buying online etc. Bottom line is that POLi is versatile, flexible and if you live in Australia or New Zealand you should open an account.
Hopefully, POLi Payments will expand to other regions of the world. This will not only broaden their customer base, but will also improve their image and reputation. Having a global presence is a statement not many can make.
In spite of the regulatory changes in Australia, it’s still listed in online casinos. The best POLi Payments online casinos are not giving up that easy.