Poli Casinos

Managing Online Casino Transactions through POLi

When it comes to online casino transactions, payers from Australia and New Zealand have a marked preference for POLi payments. Launched in 2006 by Centricom Pty Ltd, POLi is a payment method that harnesses the security and convenience of online banking. Besides a list of top-performing online casinos that support POLi payments, we will provide extensive information on the method’s specifics in terms of casino gaming, its fees and limits, as well as some of its most prominent pros and cons.

Being a real-time online debit payment method, POLi provides its users with flexibility, safety, and convenience when they need to make a payment on the Internet but who do not own a credit card or a digital wallet. The payment system has become incredibly popular among online gamblers because it allows them to transfer funds into their casino balances directly from their bank accounts. Moreover, it does not require registration, and it is supported by most leading banks in Australia and New Zealand.

Currently, POLi is accepted at more than 60 web-based casinos and is regarded as one of the fastest and safest payment methods for online gambling in the region. Players who want to use POLi for deposits or withdrawals need to have an online banking account with one of the 18 associated Australian or 7 New Zealand banking institutions. In addition, there are numerous web merchants that accept POLi as a payment option.

Payments through this system are carried out instantly and do not require creating a separate POLi account. As the service stores no personal or financial data about its customers, it is exceptionally safe and transactions remain anonymous.

The method has gained popularity for online gambling in Australia and New Zealand for an additional reason – POLi does not charge any fees for the transfers processed through it.

Pros and Cons of POLi Casinos

Pros:

• Great ease of use
• POLi transactions do not expose personal information
• No registration is required
• Secure payments
• Supports both deposits and withdrawals

Cons:

• Only available to casino players in Australia and New Zealand
• A POLi account is required for withdrawals

Best POLi Casinos

Offering lightning-fast account-to-account transactions and real-time notifications, POLi is clearly one of the best payment processors that players from New Zealand and Australia can take advantage of. Additionally, it is easily accessible, as a considerable share of the major banks in these countries can be used with POLi. The online casinos that allow payments via POLi are not thin on the ground either; below are some of the best platforms that have integrated the payment processor into their cashiers.

How POLi Works

POLi functions as an intermediary service between users with online banking accounts and web-based merchants. Through this payment system, customers are able to use their secure Internet banking facilities to make transactions even at websites whose reputation is less than spotless. And while this method helps prevent risks such as credit card fraud or stolen sensitive information, payments made through POLi cannot be reversed.

In order to make payments in online casinos or other web-based vendors, users need to have active online banking accounts with one of the following institutions – ANZ, BOQ, BankSA, Bank of Melbourne, Bankwest, Citibank, Bendigo Bank, Commonwealth Bank, St. George Bank, IMB Building Society, Newcastle Permanent, ING Direct, NAB, Bank of New Zealand, Suncorp, Westpac, ASB, BankDirect, TSB Bank, and Kiwibank.

POLi Registration Process

One of the primary reasons for the ever-growing popularity of POLi is that players who are new to the service do not need to set up or maintain accounts in order to use it. It is also easy to understand why so many players find POLi suitable for their casino-related payments, as it enables near-instant transactions.

Additionally, the payment method is exceptionally user-friendly and offers enhanced security. The processor does not store any information players might be required to provide and makes use of HTTPS transport-level security.

POLi offers a better customer experience and enhanced flexibility, as a considerable share of the biggest Australian banks can be used with the service. Players do not need a credit or debit card to make use of POLi; they only need their bank details to complete transactions.

1. All players need to do to start making payments through POLi is link their bank account.
   

2. Before they take a closer look at how POLi functions, gambling enthusiasts should make sure that the bank where they have an account supports payments through the processor. Fortunately for avid casino fans, most major banks in New Zealand and Australia allow payments through POLi. An important thing players should not forget before they start using POLi is to enable third-party transactions.
   
3. POLi is an online banking solution that facilitates “Pay Anyone” Internet banking transfers. This means the preferred amount will be transferred straight from players’ bank accounts to the online casino’s bank account after they authorize the transaction through their online banking.

   After players select POLi on the banking page of the casino, they will be redirected to another page on which they will be prompted to select their bank.
   

4. Then, casino enthusiasts need to log into their online banking using their credentials.
   
5. To complete the transaction, players simply need to click the Confirm button.
   
6. Players should keep in mind that their bank may hold their funds for 24 hours or more in order to perform internal checks, but POLi does not have access to such information or control over the process.

Video Introduction of POLi

Depositing to Online Casinos via POLi

Loading funds into your online gambling account via the POLi payment system is easy and takes just a few steps. Make sure you are logged into your account and go to the Cashier section of the online casino, where you will be able to see all the payment methods available. Some casinos feature POLi under the “Internet Banking” or “Online Banking” category.

When you choose POLi, a pop-up window will appear and you will be asked to enter your bank and the amount you wish to deposit. The page will then redirect you to the online banking facility your bank offers. Here you will need to log into your account with a User ID and password. Once this step is complete, you will see a payment form. All you need to do is check the information provided, as POLi will have already filled it in for you.

If all data is correct, you can proceed and confirm the payment. Within seconds the transferred sum will appear in your online casino balance, while you and the casino will receive confirmation receipts from the payment service.

Withdrawing Your Winnings via POLi

Some casinos that offer POLi as a deposit method also allow players to withdraw their winnings through the same system. However, you will need to open an account on the POLi website, and this option is still available at only a handful of online casinos. The registration form needs to be filled in with basic information such as the user’s name, address, and banking data.

POLi charges a small fee of AU$0.30 plus 0.9% for these transfers. Compared to other online payment systems, where fees can reach up to 10% of the transaction value, this method is simple and cost-effective. Note that processing withdrawals typically takes 3 to 5 business days to complete.

Fees And Limits

POLi is designed to provide a safe, fast, and absolutely free payment method to users, while only merchants are charged small fees (1% of the transfer amount, capped at AU$3). As most individuals use the system for online purchases and payments, they truly benefit from the free experience.

However, when online casino players transfer winnings from their gambling accounts, they need to register with POLi and all incoming transactions are charged AU$0.30 plus 0.9%. The minimum limit for a single transaction is AU$1, while the maximum stands at AU$501. Players who use this payment method should also take into account that their banks may charge them for processing the transfers.

Security

POLi is among the safest deposit methods players can use at online casinos, as it does not store any personal or financial information on its servers. Deposit transfers are authorized and processed by the user’s bank in real time via its secure Internet banking system.

To use POLi for withdrawals from your casino account, you must create an account on its site. In this case, the service will have access to your personal and banking data, which may be an issue for some players. However, POLi is a secure and certified online payment services operator, so your protection is guaranteed. Its website is SSL-encrypted, which ensures all entered information remains private.

Advantages

Using POLi for your gambling transactions comes with a distinct set of advantages that you should certainly not overlook. They may be the deciding factor in your choosing POLi over other payment methods, and below we list some of the major ones.

POLi ranks higher than certain payment services because it can provide greater degrees of anonymity. When you make a payment with POLi, the service acts as an intermediary and hides all of your personal information. When the casino staff look at the transactions, all they see is that it was made via POLi and nothing else. POLi is an exceptionally easy and convenient solution for gamblers who, for security reasons or otherwise, prefer not to fund their casino balances with a credit card. In today’s world, where financial fraud and identity theft run rampant, there is no precaution you should not take to protect your personal and banking information.

Another great aspect of POLi is the cost, or rather, the lack thereof. It charges no fees and most casinos offer players plenty of rewards for deposits via POLi. Some may consider this the greatest strength of the service, especially when other similar payment methods are all too fond of charging you for every transaction.

Something else to consider is the speed of the transactions. Despite the fact that POLi essentially makes bank transfers, you will find that your deposits go through in seconds. When compared with making the same payment the traditional way, the difference is like night and day. With POLi, you will not have to wait multiple business days to enjoy your favorite games. All you have to do is press a few buttons and you are ready to wager your hard-earned cash.

POLi is simple to set up and you will be able to make transactions in minutes. Other payment services require you to provide extensive information and then provide proof of identity. You are not even required to register to use POLi, and the whole process is quick and convenient.

Disadvantages

Of course, we should also have a look at the negative aspects of the service. Only by doing so can you get a good grasp of this payment method and decide if the advantages outweigh the disadvantages.

Although POLi is very fast and straightforward, it is available only to players in Australia and New Zealand who have Internet banking accounts at one of the participating institutions. If you are not such a user, then you will have to make do with another payment service. This is a real shame considering that POLi certainly has a lot to offer, and the smaller user base also impacts adoption rates at gambling websites.

Speaking of a small user base, this directly affects the amount of attention the service receives from online casinos. Most gambling sites do not bother with services that are only used by a handful of people. In the case of POLi, there are no more than 60 casinos that support it, which is a drop in the bucket when compared with other payment methods. As a result, you will only be able to play at a very narrow range of websites when using POLi as your main transaction service.

Another significant disadvantage of POLi is that it is not available for withdrawals at most casinos. When using a service, online gamblers must be sure they can both send and receive money via the same method. Unfortunately, many online casinos choose to forgo support for withdrawals via POLi and instead offer other services with which one can cash in their winnings. This is normally done via standard bank transfers, which take several business days to clear and are much slower than more conventional services.

Where POLi is a supported withdrawal option, the casino will usually charge a fee for the transaction, which, suffice it to say, is not in the user’s interest. The lack of consumer protection significantly affects the reliability of the service. In the event that someone obtains your banking information and conducts a payment via this service, you will have no means of recouping your losses. This is undoubtedly a letdown considering that many top-tier payment services in the industry provide some form of guarantee.

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