The Top 3 Deposit Methods For Aussie Online Gamblers

Chloe Wilson - EditorChloe Wilson - 18 September 2019 in Features

The best casino deposit methods for real money online casinos have changed drastically since PayPal, Neteller, and other payment channels no longer allow Australian punters to use these services for gambling.

Never fear: there three other casino deposit methods that are just as reliable as Neteller, or PayPal. The three most popular casino deposit methods right now for Aussies are credit cards, Neosurf, and Bitcoin.

Let’s us talk about these three so Aussie punters do not have to worry about being excluded just because they have been using services like Neteller to deposit and withdraw funds before.

First Deposit Method: Credit Cards

The Top 3 Deposit Methods For Aussie Online Gamblers

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

You can apply for a credit card at a bank, or if you do not want to use a credit card directly, you can ask about other products that work with the Visa or MasterCard system (like Visa or MasterCard prepaid cards).

However, you have to ask first if these work in your current jurisdiction. Changes in banking policies happen all the time, so just to make sure – call your credit card company.

Charges vary depending on the credit card you are using. For example, online casinos on the average charge the following when a punter uses a credit card to deposit money to his account: Visa (5.9%), MasterCard (7.9%) and American Express (9.9%).

What punters should realize is that online casinos are like other merchants or businesses that sign up for the Visa or MasterCard system – they pay fees for the right to use the system to receive and send funds. So there is no real “free” transfer when you are using a Visa or MasterCard account to fund your casino account.

The main advantage however is that nearly everyone has a credit card or similar product that runs with the EMV system (EuroPay, MasterCard, Visa), so it makes perfect sense that Aussie regulatory bodies still allow Aussie players to use their plastic to transact with online casinos.

Depositing with Visa or MasterCard is instant in the majority of online casinos. As for security and privacy, as long as the online casino uses encryption technology to transmit sensitive information, you should be safe.

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Second Deposit Method: Neosurf

The Top 3 Deposit Methods For Aussie Online Gamblers - Neosurf

Neosurf is actually an online cash voucher system. So you pay for a cash voucher and you use the vouchers to pay for stuff online.

Punters who are used to systems like PayPal will feel right at home using Neosurf, as you will have to load your Neosurf account with funds from various payment sources like your bank account, Visa, MasterCard, debit card, Neosurf voucher (4.5% fee), bank transfer, and merchant payout.

Neosurf vouchers are available from thousands of retailers around the globe, so don’t worry – you will be able to buy one. Use Neosurf’s location finder so you can zero in on physical retailers that are close to your neighborhood.

Another great thing about this financial product is that it is already available in different currencies (that saves you a step, because currency conversion is a thing when you are paying online).

In case you need to pay using a different currency, the conversion will be carried out automatically using the latest data for foreign exchange of currencies.

To use Neosurf, simply head over to the Cashier tab in your account and select Neosurf under Deposit options. Simply follow the on-screen prompts and you should be good to go.

Purchasing Neosurf cash vouchers is not like applying for a debit card or Visa prepaid card. You do not have to provide an ID just to buy one.

And for the most part, all you really need is the 10-character cash voucher code to use the stored value in the voucher that you purchased. This will make it easy for you to transfer funds to your account.

Currently you can use Neosurf to play at Betclic, Netbet, Turbopoker, and PMU. There are dozens of other websites that accept Neosurf so even if you let go of your credit card or PayPal you are 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 is any currency conversion involved in a transaction, Neosurf may levy an additional 2%-3% fee.

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Third Deposit Method: Bitcoin

The Top 3 Deposit Methods For Aussie Online Gamblers - Bitcoin

Probably the most controversial of payment methods for casinos is Bitcoin. There is a lot of speculation in this market, but if you are up for increased security, and transacting with the king of cryptocurrencies, Bitcoin, then choose the third deposit method. There are three main ways to obtain and transact with Bitcoin: Bitcoin exchange, P2P directories, and Bitcoin ATM.

Bitcoin is one of the safest ways to transact online, since transactions are carried out using military-grade cryptography.

There is 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 will not have to pay any additional percentage of fees just to deposit or withdraw funds from your casino account.

Using Bitcoin is easy: just find an online casino that accepts Bitcoin. The deposit and withdrawal process is the same. Secondly, you may also want to play on special casinos that accept cryptocurrencies as their major funding sources.

These casinos are few and far in between, but it will be fun to play on them since the systems on these casinos are primed to transact with Bitcoin and other cryptocurrencies currently being traded globally.

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