POLi Casino Deposit Method

POLi is an online payment service used in Australia and New Zealand. This method allows users to transfer funds from their bank account to an online merchant. By using this deposit method, users reduce the payment processing time. In fact, in most cases, POLi payments are processed straight away and allow you to fund your casino account directly from your bank account, eliminating the need for a credit card. With regular bank transfers, the processing time is significantly longer, sometimes taking several working days to clear.

How to Use POLi for Online Casino Deposits

To use this deposit method, one doesn’t even need to register an account with this service. Instead, the only requirement is that the site they want to send the money to supports this payment method. In the online casino universe, many gambling sites work with this deposit method. This applies especially to internet casinos focused on Australia. In fact, most gambling sites in Australia that have a license accept POLi as a deposit method. On top of that, many offshore casinos also work with this service.

Apart from being fast, POLi is great for online casino payments because it is relatively cheap. In most cases, the processing fee is not larger than 2.5%. When it comes to the downsides of using this deposit method, the only major one is that transactions carried out by this service are non-reversible. Meaning that if you make a mistake (e.g., send the money to the wrong site), you won’t be able to stop it. However, deposits made using this deposit method are processed almost immediately, allowing you to start playing without delay.

Security-wise, POLi did get a lot of bad press in the past, but as of 2024, it seems that this is one of the most secure e-payment services players from Australia can use. By not sharing your bank details with the casino, this deposit method reduces the risk of fraud and unauthorized transactions. However, it’s not certain how long this will be the case. The thing is that Australia Post, the company that owns this brand, has announced its decision to phase out POLi in Australia. If this scenario goes through, Australian players could use some alternatives, including PayPal, Skrill, and so on.

This deposit method is ideal for users prioritizing privacy, low fees, and instant transactions within Australia and New Zealand. However, its limited acceptance and non-reversible nature are notable drawbacks.

Another banking option recommended to check out is ClickandBuy.