Best POLi Casinos Online
About POLi
Besides being a fast and secure payment method, it is pretty straightforward to use. Despite this, you’ll not find many casinos offering POLi as one of their payment methods. However, those that do provide it for their players are among the best in the industry. In addition to the online casinos, several big companies use this online payment system. They include Air New Zealand, Jetstar, and Virgin Australia.
Citibank, Bank of New Zealand, Commonwealth Bank, and Bank of Melbourne are some of the major banking institutions of Australia and New Zealand that have accepted POLi. This payment system is easy to use and has all the features that would greatly benefit the online gaming enthusiasts.
The developer and provider of this online payment method is POLi Payments Pty Ltd. Headquartered in Melbourne, Australia, it was established in 2006 and was previously called Centricom. The first software version of POLi had major security flaws. This led the company to release its second version to the public with significant improvements in 2008.
The improvements certainly took care of the security issues but the user experience suffered considerably. Users still needed to download a program and additional plugins compatible to their browser to use this payment system. However, the latest edition released in 2012 changed everything. It is easy to use, offers a high degree of security, and has a great deal of convenience for smartphone users.
In December 2014, POLi was acquired by SecurePay Holdings, which is Australia Post’s fully-owned subsidiary. This payment method helps players of online casinos to make payments without revealing any of their confidential details. By upgrading to its latest version, you can ensure browser compatibility and hassle-free deposits in online casinos.
Pros and Cons of using POLi in online casinos
You’ll be able to make instant deposits in the online casinos that use POLi as one of their payment methods. To use the functions of this online payment system, you’ll need an active bank account with internet banking. This will facilitate online payments to your chosen casino by having the money deducted from your bank account directly.
Many online casino players of Australia and New Zealand use POLi as a reliable payment system. However, it has its pros and cons, which you must know before choosing it as your preferred payment method.
Pros:
- It allows you to make instant deposits into your online casino account
- You’ll not be charged any additional fee for making such deposits
- It has excellent online safety and security features
- You can maintain anonymity in your online transactions
Cons:
- It is available mainly for players based in Australia and New Zealand
- As the payments are non-reversible, you need to be extremely careful while making transactions
- Withdrawing your winnings using this payment method is a complex process
How does POLi compare to other payment methods?
POLi is undoubtedly the best alternative to credit or debit cards as a payment method on the casino websites. It allows you to make deposits directly from your bank account without keying in your sensitive information online. This benefit is also offered by many e-wallets such as PayPal, Skrill, and Neteller. What differentiates them from POLi is the fees charged on transactions.
Most e-wallets charge higher fees and the ones that don’t may not be accepted in all the online casinos. The online casino you’ve chosen may not accept e-wallets charging lesser or no fees, but it may have POLi as a payment method. So, this will work in your favor if you’re using the latter.
Of course, cryptocurrency payments are high on information security, but the transactions done using them usually take longer to process. The transactions made using POLi are processed faster and are highly secure.
Fees
There is a standard percentage that’s applied on all the online casino payments that you make using POLi. As there are no hidden fees for using this payment method, you’ll always be aware of the amount you’re paying. Most casino websites will not charge any fees for deposits that you make using this payment system.
However, you must always go through the terms and conditions of the online casinos. You must be absolutely clear on whether the casino charges fees for using POLi before you select it as your preferred method of payment. Although this payment system won’t impose any additional fees on your online casino transactions, your bank might have a certain percentage of fees on them.
If you’re using POLi, you’ll also be allowed to make payments through your PayID. It is a system of payment that generates a special PayID, which you’re required to use for confirming any payment. This is POLi’s separate service, which is charged on an individual basis.
How to use POLi for deposits
The first step in making POLi your preferred method of payment is to check if the online casino you’ve chosen accepts this payment method. Once you’re logged in, head to the cashier, banking, or payments section of the casino website.
Choose the option for making a deposit and select POLi as your preferred method of payment. Next, enter the amount you want to deposit into your online casino account. You’ll then be redirected to the official website of this payment system. When you’re on this site, choose the bank you want to transfer funds from.
After logging into your bank online, you’ll need to provide the confirmation of the transaction. Upon proceeding further, your payment will be confirmed and you’ll get a transaction receipt. Make sure that you check your online casino account and see whether it reflects the amount you’ve deposited.
How to use POLi for withdrawals
Not many casinos would allow you to withdraw your winnings using POLi. Besides, the withdrawal transactions are a bit more difficult to process than the deposits. If you wish to withdraw your winnings using this payment method, you’ll need to register for an account on its official website.
When it comes to selecting a pricing plan while signing up for an account, choose ‘Standard’. Once you’ve successfully completed your registration, the next step would be to link your bank account. When this is done, you’re ready to use POLi for making withdrawals from your online casino account.
To make a withdrawal, head to the cashier, banking, or payments section of the casino website. Choose POLi as your withdrawal method and key in the amount you want to withdraw. If your withdrawal has been processed successfully, you’ll receive a confirmation.
How secure is POLi?
POLi users can be assured of excellent online security when using it as a payment method in online casinos. All your transactions are protected by an HTTPS transport-level security and 2048-bit SSL encryption. POLi doesn’t capture, save, or collect the passwords and other sensitive data of its users.
This payment system strives constantly to maintain the highest standards of safety and security with periodic checks done on its official website. POLi Payments Australia has received the certification of ISO/IEC 27001:2013. This verifies that the company has successfully passed the security inspection done through an internationally-recognized independent security management organization.
The certification also verifies the fact that POLi has satisfied all the essential audit standards. As a result, the transactions you make using this payment method are fast, secure, and confidential.