The Top 7 Deposit Methods For Aussie Online Gamblers

Chloe Wilson - EditorChloe Wilson - 28 September 2022 in Features

The best casino deposit methods for real money online casinos have changed quite dramatically over the years due to changes in regulations.

Thankfully, there are plenty of reliable and safe casino deposit methods you can use to take a flutter online. There are options galore, from those you are familiar with, such as the good old trusty credit card or a bank transfer, to more dynamic modes of payment, such as Bitcoin.

In this article, we'll cover some of the most prominent payment methods accepted by online casinos to ensure that Aussie punters don't have to worry about being excluded and missing out on the opportunity to win big.

#1. Credit Cards

The humble plastic is still the most accessible of the methods for funding your accounts at online casinos. Credit cards like Visa, MasterCard, Amex, and Diner's Club International – offer salvation to Aussie punters who already have them.

Credit cards are easy to get hold of, but you need to check if these work in your current jurisdiction. Changes in banking policies happen all the time, so just to make sure by calling your credit card company. It’s worth taking note of any charges that apply, as these vary according to the type of credit you’re using.

Due to the fact that credit cards are so prevalent today, it just makes good business sense for Aussie regulatory bodies to allow people to use their plastic at online casinos. What's more, most banks use encryption technology for the transmission of sensitive financial information, so you know you'll be safe when using your credit card online.

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#2. Neosurf

Neosurf is an online cash voucher system whereby users pay for a cash voucher and then use it to pay for things online. Neosurf works in a similar way to PayPal, whereby you load your account with funds from other sources such as your bank account, debit card, bank transfer or merchant payout.

Neosurf vouchers are available from thousands of retailers around the globe, so don't worry – you’ll most certainly be able to buy one. Another great thing about this financial product is that it’s already available in different currencies (that saves you a step because currency conversion is a thing when you’re paying online).

There are dozens of other websites that accept Neosurf, so even if you let go of your credit card or PayPal, you’re still in pretty good hands. You can also use Neosurf to reload your prepaid cards like Neocash (MasterCard), Net+ (MasterCard), Veritas (MasterCard), Ecocard (MasterCard), and PosteCash (Visa). Using Neosurf should not accrue additional fees. However, if there’s any currency conversion involved in a transaction, Neosurf may levy an additional 2%-3% fee.

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#3. Bitcoin

Using Bitcoin and other forms of crypto was one only payment option used by the tech-savvy folk of the world. However, with a greater market adoption, using crypto to engage online is becoming more commonplace. If security is a priority for you, Bitcoin should be your payment method of choice. Bitcoin is one of the safest ways to transact online since transactions are carried out using military-grade cryptography. There’s no need for PIN codes, swipes, or any of the usual methods for transacting online. Only you would have access to your Bitcoin wallet, and as long as this is protected, you should be good.

The best benefit of transacting with Bitcoin is the speed at which you can send and receive funds. Bitcoin fund transfers are instant (both inbound and outbound) and free, too. This holds true for major casino platforms that accept cryptocurrencies. Unlike bank transfers or credit card transactions, you won’t have to pay any additional percentage of fees just to deposit or withdraw funds from your casino account.

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#4. Bank Transfer

If you’re more of a traditionalist and crypto is a bit overwhelming, you'll find that most online casinos in Australia allow you to transact using bank transfers.

It’s best to check with each casino exactly how things work because while some allow bank transfers for both deposits and withdrawals, casinos often only allow you to use this payment option for withdrawals.

Players can do a bank transfer by providing bank account information to the online casino. Then, depending on the bank, funds will be transferred within 3-5 days. This is sometimes available for withdrawals from online accounts because of current Australian gambling laws and some banks' unwillingness to fund an online casino account. Speak to your bank or the casino's customer support network if you experience any problems.

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#5. Apple Pay

If you’re a fan of Apple products and can't live without your Apple devices, such as an iPhone or iPad, well, you'll be pleased to learn that more and more Australian casinos are beginning to accept Apple Pay as a method of payment. It’s highly efficient and allows the user to make super quick deposits at an online casino.

Apple Pay does require you to link a credit/debit card to your smartphone or tablet before you can use it for betting payments. What's more, Apple Pay isn't associated with any fees and is supported by several banks. However, while casinos allow you to use Apple Pay to make deposits instantly, withdrawals aren’t supported, so you'll need to find another means of collecting your winnings.

#6. PayID

PayID is one of the most convenient banking options for Australian players. It’s an innovative payment solution that enables users to transact with ease through its direct bank transfer service. Aussie punters are able to make speedy withdrawals and deposits by linking their bank account to the casino of their choice.

When it comes to security, PayID is one of the safest banking options around for Australian players as it allows you to move money around without having to remember their BSBs by using identifiers. There are over 100 banks and financial institutions in Australia that offer PayID. So if you have more than one banking account, you can create more than one PayID.

The biggest advantage of transacting with PayID is that gamblers won't need to share their personal financial information with the casino operator. You’re simply able to use your identifier to make transactions. Furthermore, PayID transactions are much faster than those made through standard bank transfers.

On the downside, PayID transactions may be subject to fees that vary according to who you bank with. So, be sure to check with your bank about chargeable fees when opting for this method. This will avoid any nasty surprises in the long run.

#7. Paysafecard

Paysafecard is a popular, international prepaid payment method. It allows you to deposit money into an Australian casino site instantly and is an excellent option for people who want to keep their online transactions anonymous. To start using your Paysafecard, you need to set a PIN, to make deposits into your casino account. Although the deposits are instantaneous, there’s a maximum deposit amount.

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