Playing in an online casino has become one of the relaxation activities since Covid-19. You can play games for fun and keep yourself away from boredom. Nevertheless, there is something spectacular about playing with real money: the ability to earn money in return. Majorly, this is the motivation behind the activities of many players on these gaming platforms.
You must deposit to find your gaming activities when playing with real money. In return, you get to withdraw your warning after you have played and won. Withdrawing money from online casinos is one of the deciding factors you should consider when choosing your choice. You definitely won’t want an experience where you deposit, and play games, just to find it challenging to get your earnings to your bank account.
Another major challenge players face the unnecessary long withdrawal process. This can be frustrating, so you should use platforms with a fast withdrawal process. With this option, you have less time to get your earnings from your casino cashier to your bank account. This article includes detailed information about the fastest withdrawal time in online casinos in New Zealand.
What Are Fast Withdrawal Casinos?
If you have been playing regular online casinos, you must wonder what we mean by fast withdrawal casinos NZ. Withdrawing your winning from a gaming platform can take a lot of processes, both from your end and the depositor’s end. Sometimes, the payment method used, which is the intermediary, is also a significant factor.
Firstly, you need to initiate the withdrawal by visiting the cashier section in the casino. You must input all necessary information, particularly your bank details or the destination you are withdrawing from. After submission, it is now the casino’s responsibility to process such payment into the submitted account by the player. All of these processes usually take a long time for most online casinos. However, there are a few who, against all odds, have made provision for short processing time to make it quicker for players to see their money.
Normally, withdrawing money from a casino typically takes 4–12 days. The withdrawal time varies depending on the payment option selected. However, with the new developments of fast withdrawal casinos, players can withdraw their winnings and get them in their bank account within 24 and 72 hours. The latest New Zealand platforms employ this innovation to speed up things for their customers.
It is important to note that there is a difference between fast withdrawal and top payout casinos. The former has to do with platforms that process NZ gamers’ earnings into their account in less time than regular processing time. On the other hand, top payout casinos have a high payout rate for players but not necessarily a fast processing time when withdrawing. It is not out of place if an immediate withdrawal casino doubles as a top payout.
How To Pick The Best Withdrawal Casino
Now that you know about fast withdrawal casinos, you want to pick one and start playing on it. You need to know that not every platform that claims fast payment offers it. You need to know a few things about selecting the best ones. The following are factors to consider ascertaining if a casino has fast withdrawal:
● Withdrawal Time
The first factor to consider when selecting your fast-payment casino is the withdrawal time. As mentioned earlier, the time required to process the payment is between 4 and 12 days. You must check the platform’s terms and conditions and review the withdrawal process and time. It must be between 24 hours and three days if it truly offers fast payout service.
● Processing Time
Aside from the withdrawal time, there is also processing time, and equally must be checked. This is when it takes the casino to process the money from the cashier section into the third-party platform that will deposit it into the player’s account. The processing time should be instant or between 3 hours. Anything higher than this will result in a long wait for your money.
● Transaction Fee
The transaction fee is another factor to consider when choosing your fast-payout casino. This is because the fee charged on withdrawal can deter some players from initiating a withdrawal. Most platforms that offer fast winning payout allow either a no transaction fee or a low one. This encourages players to withdraw as much money as possible without fearing the transaction levy.
● Withdraw Method
The withdrawal method has much to say about how long the process will take. Some banking options are known to take an unnecessarily long time. You need to identify them by familiarizing yourself with each Method and how long it takes to process payments. You can research or consult the terms and conditions to review each payment method.
● Withdrawal Limit
There are limits to how many players can withdraw from some online casinos. This limit can also invariably affect the processing time for withdrawal. You need to identify the limit for the platform you are using and stay within that limit to ensure fast processing.
Best Fast Withdrawal Casino Sites
Playing casinos in New Zealand is becoming popular by the day. There are also introductions of different platforms players can engage in for gaming. Meanwhile, not all of these available sites offer fast withdrawals. To help NZ gamers make the best choice, we are recommending the following casinos;
● Wazamba Casino
Wazamba Casino is a new casino established in 2020 but has come with a solid offer for players in New Zealand. It is owned and managed by Araxio Development and is licensed for operation by the Curaçao Gaming Authority. Thousands of quality games are ready to be played on the platform, including slot machines, table games, and live dealer sections.
Wazamba Casino offers payment methods that aid the fast processing of withdrawals. There are e-wallets and prepaid card options NZ gamers can use to process withdrawals within 24 hours. The casino is also safe for payment processing and gaming activity.
● Fastpay Casino
As the name implies, this is one of the great casinos to integrate fast payment in the industry. The platform seeks to ease the burden of waiting for your money to reflect in your account. It started operation in 2018 and has since become one of the best online gaming centers for New Zealanders.
Aside from offering fast withdrawals, the Dama N.V.-owned casino also offers quality game cutting across slots, table games, and live dealer games. The offerings are fair and void of irregularities. Withdrawing winnings on Fastpay is easy and quick, as it takes just 24 hours to process.
● TonyBet Casino
This is a world-class casino with an irresistible offer for NZ gamers. You can find over 3500 games with quality features that give a soothing gaming experience. It is one of the fastest withdrawal casinos you can consider. Payments are processed promptly into your bank, all thanks to amazing withdrawal methods on the platform.
Another interesting thing about TonyBet is the generosity towards players. There are exciting bonuses and promotions available to both new and returning gamers. The platform is equally safe and secured without any form of third-party intrusion.
Popular Withdrawal Methods
Deposit and withdrawal are two major things you cannot separate from online casinos for players playing with real money. Casino banking methods are various options that allow players to carry out these two things. In most cases, banking methods are usually two-way options; that is, they support deposits and withdrawals. However, there are some special cases where some methods are only useful for one of the two.
Online casinos integrate different banking methods for making transactions. New Zealand online casinos support bank transfers, credit/debit cards, e-wallets, and cryptocurrency. All of these options have their various pros and cons.
The processing time for withdrawal on these banking methods varies. While some support instant withdrawals, others can take a long process. This is why you must familiarize yourself with each option and get what is best for you. The headings below review explain all the methods and their processing time.
Credit And Debit Cards
These are the most used payment methods in the world. It is the same in the casino industry, as almost all gaming platforms support this option. As a result of this, they are considered the most accessible and readily available option for new gamers.
Credit and debit cards work in conjunction with the user’s bank accounts. They are issued by banks and can be used to make online payments and for transactions in physical stores. Since banks issue them, the major challenge is that some banks that have regulations against gambling can restrict the use of the issued card. As a result, you may have to check with your bank to know if you can use your cards for payment on casino websites.
There are three significant brands of Credit and Debit cards: Mastercard, Visa, and Maestro. Most New Zealand casinos accept Mastercard and Visa. Since banks regulate the transactions, they can take about 24-72 hours. However, they are very safe and secure, provided the platform uses encryption technology to encrypt your bank information.
E-wallets are the next most popular banking method in online casinos. It is the fastest-rising method, as the adoption rate across the gambling industry is unmatched. Due to regulations in credit and debit card usage by issuing banks, players are tilting towards the use of electronic wallets.
E-wallets are third-party platforms that allow players to create online wallets for virtual transactions on other platforms, which enables you to deposit for game playing. Winning and earning can also be retrained into the same wallet. One of the limitations of e-wallets is the transaction fee which is always a percentage of the amount to be deposited or withdrawn.
Different e-wallet options support usage in online casinos for New Zealand gamers. They include Neteller, Skrill, and PayPal. Depending on the casino processing time, these options take 4-12 hours to process the withdrawal. The limit can be within $NZ5,000, depending on the stipulation by the platform.
Prepaid wallets come close to e-wallets as the second fastest-growing payment option. These types of wallets serve as alternatives to credit and debit cards. They also issue prepaid cards that you can fund using their online platforms or by visiting a vendor. They are majorly used by players in countries where debit cards are not allowed for gambling.
New Zealand players can also use prepaid wallets for withdrawal from online casinos. The advantage of this option is that they charge minimal transaction fees compared to e-wallets. Another exciting thing is that you can secure any card for free, regardless of your credit score.
Paysafecard is the most popular prepaid wallet, available at most New Zealand casinos. You can also consider Neosurf and Ecopayz. The withdrawal processing time for this payment option is between 4–24 hours, depending on the casino time taken for the platform to process the player winning.
Bank Wire Transfer
Bank wire is the oldest payment method in the casino industry. It is the primary method of transacting on gaming platforms, and it involves moving money directly from your bank account into your cashier wallet or vice versa. It is undoubtedly the most secure form of payment due to the stringent checks it is subjected to.
For some reason, bank wire transfer is online casinos’ least used payment option. Firstly, it requires stringent KYC for verification, and most players find this unnecessary. However, it is one of the measures to discourage money laundering through online casinos. Moreso, payment processing using this method takes longer than other methods.
Compared to traditional bank wire transfers, other modern transfer methods aid bank deposits and withdrawals faster and quicker. You can ask your bank if any Trustly, iDeal, and Giropay are available. While traditional transfers can take up to 7 days, modern ones can be instant or within 24 hours. Bank Wire supports a large limit and can allow transactions as high as $NZ10,000.
Cryptocurrency is the modern method of payment in online casinos. New gaming platforms with crypto banking methods are emerging. Bitcoins and related currencies are being integrated for both deposits and withdrawals.
Cryptocurrency is one of the safest payment methods. This is because they cannot be hacked and do not require bank details. They are also faster and take less processing time. The only shortcoming with this option is that transactions are irreversible if any mistake is made. As such, you must pay attention to the wallet address for transactions.
Bitcoin is the most popular of the cryptocurrencies. It is available as a payment option on most modern gaming platforms. Other options in this category are Ethereum, Litecoin, Ripple Coin, Tether, Bitcoin Cash, and DogeCoin. They are faster, and withdrawals are instant, considering the time the casino processes them. There is no limit, except the casino stipulates the amount to withdraw.
Nothing is as beautiful as initiating a withdrawal and getting your money in your account quickly. Long processing time for withdrawal can be frustrating and unnecessary. To avoid this kind of experience, New Zealand players seek online casinos that allow less time for processing players’ withdrawals.
These types of casinos are known as fast withdrawal casinos. They make use of different payment methods that aid fast and easy payouts. Some options include card payment, e-wallets, prepaid cards, instant bank transfers, and cryptocurrency. There are factors to consider when choosing a fast-payout gaming platform, and the best are recommended above.