E-wallet Casinos

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e-Wallets present a safe and handy solution for digital casino transactions. They facilitate immediate fund transfers while safeguarding users' financial details. E-wallets have gained significant traction among New Zealand online casino enthusiasts, although some might levy transaction charges. Moreover, the range of bonuses on offer could be limited for some.

- The best electronic wallets: PayPal, Skrill, Neteller, ecoPayz and MuchBetter
- Recognition among gamers
- Fast transaction processing
- KYC procedure is required to create an account

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How E-wallets Function?

Electronic wallets, or e-wallets, are innovative digital systems designed to simplify, secure and speed up online banking transactions. They function as a virtual wallet that stores users' payment information and provides quick access to it when making online purchases. In the list below, we describe key information covering aspects such as the process of creating an e-wallet, the different types of e-wallets, security measures, the advantages and potential disadvantages they offer users.

  • E-wallets act as digital versions of physical wallets, allowing secure storage and transfer of funds electronically
  • They function as intermediaries between the users' bank accounts/cards and online operators, ensuring privacy and security
  • The e-wallet sector is a rapidly developing segment in the financial industry, with significant contributions to online casino transactions
  • Companies like eZeeWallet, PayPal, Skrill, and Neteller, among others, dominate the e-wallet industry
  • E-wallets often support multiple languages and currencies, catering to an international clientele
  • Many e-wallet companies are investing in native mobile apps to leverage the growing mobile gaming industry
  • E-wallets are commonly used in online casino sites, allowing NZ players to deposit and withdraw funds after casino account creation, verification, and funding
  • Despite being free and easy to register, e-wallet adoption rates vary across regions
  • Robust security measures, such as encrypted transactions, hidden card details, and complex password requirements, ensure data safety

E-wallet Online Casinos, as of May 2024

Continuing our exploration of e-wallets in online casinos, below is a curated list of the top 10 e-wallet casino sites as of May 2024. Each of these digital platforms has been selected based on a variety of factors such as user experience, security measures, game variety, and the efficiency of their payment systems. The goal is to offer a snapshot of the best online casinos that support e-wallet transactions, making it easier for you to find the perfect match for your gaming needs.


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Best E-wallets for Kiwis 

Below, we delve into the details of some prominent e-wallet solutions, discussing their distinctive features, potential limitations, and specific usage nuances. Our aim is to provide a comprehensive analysis to help you understand their operating mechanisms, security protocols, transaction speeds, as well as their global acceptance and reliability.

This expert guide should help you decide which e-wallet is best suited to your online transaction needs. More e-wallets exist, but these are our top selections based on their features, user experience, and reliability.


Skrill is an e-wallet that supports 40+ currencies for global transfers. Skrill offers a specialized focus on internet gambling, including integration with online betting sites, as well as access to cryptocurrency and forex trading, along with its own prepaid card.

  • Instant transfers
  • Multiple currency support
  • Skrill Prepaid MasterCard
  • Generally excluded from promotions
  • Possible account freezes
  • High conversion fees
Limits:  NZ$ 999 – NZ$ 3,000 *
Fees:  receive — free; transfer —  from 1% to 2.99%
Depositing Speed:  Instant
Withdrawal Speed:  1 – 3 days

* depending on the status of your account


PayPal is a global online payment system supporting money transfers. It enables businesses and individuals to send and receive payments for goods, services, or even personal transfers. It's recognised worldwide, facilitating gains in 200+ countries and supports 25 currencies.

  • Secure transactions
  • Instant transfers
  • Unexpected fees
  • Potential account limitations
Limits:  NZ$ 0.01 – NZ$ 4,000
Fees:  receive — free; transfer —  from 0% to 5%
Depositing Speed:  Instant
Withdrawal Speed:  up to 30 minutes


Neteller offers a VIP program that provides lower fees, increased withdrawal limits, and a flexible transaction policy for frequent users. Its reward system allows users to earn points with each transfer, which can be redeemed for real money or used to pay for goods and services.

  • VIP program
  • Neteller prepaid card — MasterCard NET+
  • Cryptocurrency support
  • Generally excluded from casino promotions
  • Account freeze risk
  • High currency conversion fees
Limits:  NZ$ 1,000 – NZ$ 3,300 daily *
Fees:  2.5% if a deposit is less than NZ$ 20,000
FREE if a deposit amount is more than NZ$ 20,000
Depositing Speed:  Instant
Withdrawal Speed:  Up to few hours

* depending on the status of your account

Payz [ex-ecoPayz]

EcoPayz is a global e-wallet operated by PsiPay Ltd. It supports transfers in 45+ currencies and provides an ecoCard, a prepaid card, that links your wallet to spend its funds both online and offline.

  • Anonymous transactions
  • Multi-currency support
  • PAYZ Prepaid card
  • Personal virtual IBANs
  • Some geographical restrictions
  • Possible account suspension
Limits:  purchase transactions — NZ$5,500 – NZ$11,000
Fees:  an average of 7.99% to just upload and transfer money between accounts
Depositing Speed:  Instant
Withdrawal Speed:  up to 3 working days


MuchBetter is an app-based e-wallet, that integrates touch ID and dynamic security codes for enhanced security. It offers low-cost international transfers and a unique reward program with weekly draws and giveaways.

  • Device pairing
  • Dynamic security codes
  • Reward points
  • Country restrictions
  • Fees for inactive accounts
Limits:  NZ$ 2,500 daily
Fees:  0.99% currency conversion
Depositing Speed:  Instant
Withdrawal Speed:  up to few hours


eZeeWallet is a digital wallet providing a range of online banking solutions for individuals and businesses. It supports multiple currencies, facilitates instant payments, and keeps users' banking details private.

  • Multiple payment methods supported
  • Mobile payments
  • Multi-currency support
  • Possible account suspension
  • Transaction fees
Limits:  NZ$ 10 – NZ$ 2,500 daily
Fees:  1% fee plus NZ$ 7 for each withdrawal
Depositing Speed:  Instant
Withdrawal Speed:  up to 48 hours


MiFinity is a versatile e-wallet solution that supports transactions in multiple currencies and operates in over 170 countries. MiFinity also offers a prepaid Visa card that can be loaded directly from the eWallet.

  • Multi-currency eWallet
  • Secure transactions
  • Instant transfers
  • Account suspension risk
  • Transaction fees
Limits:  upwards of NZ$ 10,000 in 365 days
  • 1.8% of the value of your deposit
  • currency conversion fee of 2.99% *
Depositing Speed:  Instant
Withdrawal Speed:  Instant

* the cost of the transaction fee will vary depending on the service used


STICPAY is a global e-wallet solution that provides prepaid Mastercards, virtual cards, and merchant integration. The user can fund the wallet via bank transfer, cryptocurrencies, and even cash vouchers.

  • Instant global transactions
  • STIC card
  • Three-tiered security system
  • Maintenance fees
  • Currency conversion charges
Limits:  NZ$ 20 – NZ$ 500
Deposit Fee:  2% + NZ$ 2
Withdrawal Fee:  5%
Depositing Speed:  Instant
Withdrawal Speed:  1 – 3 days

Bonuses at E-wallets Casinos 

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Security and Privacy

Safety and privacy are crucial features of e-wallets, providing users with a secure way to manage online transactions. Here are the key points:

  • E-wallets maintain privacy by not disclosing users' banking or credit card details during transactions.
  • They comply with the regulatory requirements of financial monitoring institutions such as the Financial Conduct Authority (UK).
  • Personal and financial data is protected through advanced encryption technologies, turning the information into an unreadable format for potential online attackers.
  • Additional security measures like Touch ID, Face ID, and Two-Factor Authentication (a secondary code received via mobile) enhance the security levels.
  • QR feature: Certain eWallets incorporate a QR functionality that facilitates a connection between the wallet and users' smartphones. Consequently, the code can authenticate your identity via your mobile device, considerably enhancing the safety of your account.
  • Reputable e-wallet brands offer multiple customer support channels for resolving issues and inquiries, adding an extra level of user protection.
  • eWallet proxy: This instrument restricts the eWallet's access to your comprehensive bank details. The eWallet only has permission to use the funds you have deposited, ensuring no additional amount is accessible.

These aspects contribute to the reliable security framework, safeguarding users' finances and personal information.

Pros and Cons

E-wallets offer many advantages but also carry certain downsides. While e-wallets offer ease and security, it's important to understand these potential downsides before choosing this casino payment option.
Below are the key pros and cons to consider:

  • Exceptional convenience, with instant processing for both deposits and withdrawals
  • High security due to non-disclosure of personal banking information
  • Multiple ways to fund the e-wallet account
  • Availability of dedicated mobile apps for Android and iOS
  • Easier tracking of gambling profits and losses
  • Limited access to certain online casino promotions
  • Some e-wallet brands may only be widely accepted by some online casino operators
  • Account verifications are necessary, causing minor inconvenience
  • Require tech access; losing your smartphone or lacking internet can prevent wallet access or payments

Extra Facts

E-wallets are continuously evolving to provide better services to users. Here are some interesting facts about e-wallet casinos:

  • E-wallet casinos may have additional fees or account-blocking policies. It is important to read the terms and conditions of any e-wallet casino before you sign up.
  • Some e-wallet casinos offer loyalty programs that can earn you rewards, such as free spins or cash back. 
  • Certain e-wallets may charge a maintenance fee if your account remains inactive for a specific period.
  • E-wallets have stringent Know Your Customer (KYC) procedures to prevent fraud, so be prepared to provide personal identification documents when creating an account.

Here are some additional services that some e-wallet casinos offer:

  • Mobile payments: You can use your e-wallet to make deposits and withdrawals from your mobile device.
  • Prepaid cards: You can purchase a prepaid card that is linked to your e-wallet. This can be a convenient way to use your e-wallet at land-based casinos.
  • Peer-to-peer payments: You can use your e-wallet to send and receive money from other people.
  • E-wallets are embracing digital currencies, with some like Neteller now allowing users to buy, sell, and hold cryptocurrencies directly from their accounts.

Based on our practical knowledge, e-wallets revolutionize online transactions by providing fast, secure alternatives to traditional methods, significantly enhancing online casinos' efficiency. Popular providers include PayPal, Skrill, and Neteller, offering choices tailored to individual needs. Despite minor drawbacks like account verification and regional restrictions, e-wallet benefits notably outweigh their constraints. Continuous innovations, like mobile payments and cryptocurrency transactions, underscore e-wallets' transformative impact on the digital financial landscape. The ever-evolving nature of e-wallets ensures they continue to shape the future of digital transactions.


No, you do not have to cash out money via e-wallet if you deposited through it. You can withdraw funds to your bank account or another payment method.
Yes, there are laws and regulations for e-wallets in most countries. These laws and regulations are designed to protect consumers and to ensure the security of e-wallets.
To verify your e-wallet account, you will need to provide the e-wallet provider with some personal information, such as your name, address, and date of birth. You may also need to provide a copy of your identification document.