This page offers a brief overview of the most popular and most recommended payment methods for online gambling in Australia. Here you can find everthing from credit card and intant banking deposit guides through to ewallets and the best Bitcoin gambling sites. For more detailed information on each specific payment method, simply head over to the dedicated section. We’ve individually reviewed each form to reveal to you the pros and cons of using each one. We analyse:
- The speed of payment and withdrawal
- The security and software that keeps your money safe
- The availability and usefulness of customer services
- The hidden costs and fees
Just like the old Ukash vouchers, the PaySafeCard voucher is ideal for Australians without an e-wallet, a credit card, a prepaid card or a local bank account.
A PaySafeCard voucher operates the same way as an Ukash voucher. You need to purchase the PaySafeCard at a nearby vendors and then you can use it to buy online. It works in a similar way to buying phone credit.
PayPal is another popular payment method, and most likely you already have a PayPal account. This type of payment processor is a type of e-wallet service. PayPal transactions are almost instantaneous, so you should have no problem depositing or withdrawing your money.
Sadly, PayPal is not available for Australian citizens to use in online gambling sites at this time. For reasons why and a recommendations for similar payment methods, head over to our dedicated section.
POLi is a local payment provider that offers a great solution to high bank wire transfer fees. POLi allows casino players to use their Australian bank account to deposit funds into their online casino accounts, without the additional fees. If you haven’t heard of POLi as a solution to your online gambling payment problem, then check it out now.
Many users will pick Visa debit or credit cards purely for the reliability. It will protect users against fraud and will allow users to make really quick payments in no time.
Another one of the popular ones, MasterCard will allow players to play quickly and easily by offering them ease of use with multiple layers of protection.
Neteller is another type of e-wallet, but this one was specifically created for online gamblers. It allows for complete separation of your gaming funds from your other daily finance processors. This is a great option if you want to keep your home and business finance totally disconnected from your gaming funds.
You can load a Neteller account in various ways. Then, these funds can be used to deposit into the majority of your online casino accounts. When you win real money, these funds can be withdrawn and sent to your Neteller account. There are associated fees, so make sure you read the fine print of your terms and conditions when you make a new account.
Skrill is yet another e-wallet. Funds loaded into Skrill can be used to deposit into your online casino account. And the real money won from online gambling can be withdrawn to a Skrill account. There will be fees and charges, as per your user agreement. Always familiarise yourself with these costs before using any e-wallet service.
The majority of online gambling sites accept Visa and MasterCard credit cards. A credit card deposit is one of the most convenient payment methods. Most people own a credit card, so this makes this method even more expedient.
If you own a credit card, you already know how to use it: depositing real money into your online gambling account is the same as making an online purchase. Credit cards also give you extra security, especially in cases where there are payment issues to resolve. But be aware of the associated fees and the incurred interest when using your credit card.
2020's Online Gambling Payment Methods
As shown in the examples above, there are plenty of available payment methods when online gambling in Australia. Always be sure to verify the associated fees and charges with your preferred method.
You must also understand the withdrawal processes and requirements when gambling online. You don’t want to win real money only for it to be a hassle to withdraw. So, check out the payment section that you want to in order to find out more detailed information. It may just be easier than you think.
Frequently Asked Questions
What is important when selecting a payment method?
There are a number of important factors to bear in mind when choosing a payment method with which to fund your online betting site. When reviewing payment methods on these pages we look out for the following: speed of payment and withdrawal; security and software that keeps your money safe; availability and usefulness of customer services.
The hidden costs and fees
It is always important to check the banking section of any online betting site to ensure that you are fully aware of any fees and charges which may be imposed. While some sites will absorb the charges for deposits and/or withdrawals, others will expect the player to pay these fees so it is important to be aware of the difference in funding charges.
Which options are more safe & secure?
Every option you will find mentioned on these pages is fully secure and safe to use. Modern encryption technology means that online payment methods keep your details safe from prying eyes, and we don’t recommend a payment method if there are any concerns over safety for customers.
What methods are faster?
As a general rule of thumb any transaction where a bank is involved will generally take a little more time to process – particularly for withdrawals – while e-wallets are usually the fastest for withdrawals in particular. It should be noted though that while an electronic wallet can process payouts quickly there is still the matter of getting your money from that payment method back to your hand or bank, which can add a few more days onto the process.
Should I choose an ewallet over debit or credit?
These days Australians are starting to overcome their innate distrust of online payment methods, with more and more people starting to recognize the benefits of e-wallets. The electronic sites mentioned here are just as secure as credit or debit cards, while options like paysafecard introduce anonymity and easy payment processing to the funding methods.
Do I need to own a credit card?
It is not necessary to own a credit card in order to fund your online betting sites, as there are plenty of alternatives available these days. Direct bank transfers using a method like POLi is a popular option in Australia, as are debit cards, electronic wallets and cash alternatives such as paysafecard.
How are gambling winnings generally paid?
The important factor to remember about getting your hands on your winnings is that they will be paid back to the payment method you deposited with whenever this is possible. Exceptions include players who use Australian Mastercard, which do not allow payouts from online gambling sites. Also the voucher system of paysafecard does not permit withdrawals, so in both of these cases you will probably be required to transfer back to your bank account.
How does my location affect the choice?
All the payment methods listed on these pages are fully accessible for Australian players, and are also available on most of the gambling sites listed on these pages. One important factor to note is that Australian Mastercard do not allow withdrawals from gambling sites, so while you can see Mastercard listed as a payout method in some online casinos, this will not be usable for Australian customers except as a deposit method.