Top Payments for Low Deposit Gambling
New Zealand has a huge gambling population. In 2020, Kiwis bought Lotto Tickets for $631 million.
PayPal is a popular online payment and iGaming platform. It is free and does not have any tax. The PayPal Buy Protection feature protects the user's privacy. In case any amount is wrongly deducted from the account, it gets refunded within the next working days.
Paysafecard is a global payment market system with over 480,000 outlets across 40 different countries. It has been available in New Zealand since 2015. Around 66% of daily users have expressed their satisfaction with using the Paysafe cards. 25% have noticed an improvement in their budget management shifting to Patesafe.
Upaycard is a payment system for low deposit gambling. It has been used consistently since 2013. UpayCard attains its license from the Financial Conduct Authority.
Cryptocurrency is taking over the realm of payments in the iGaming industry of New Zealand. Online casinos accepting bitcoins incorporate the cryptocurrency mode of payment. Some of the most popular crypto coins include Enjin, MobileGo, Ethbet (EBET), etc.
Skrill allows you to make payments at iGaming outlets. It supports around 3000+ banks across the world. Service tax of 3.99% is added to every payment. It also charges a 3% conversion fee for withdrawals from overseas.
New Zealand has been shifting its focus from direct bank transfers to e-wallets. It is advisable for every user to read and verify all the terms of ewallet payment methods.