Hello and welcome to our POLi review where we will present you all the information you need to know about this intermediate payment method that comes as a buffer between you an online vendor, fully protecting your private information and allowing fast transfers.
Read this article and find out more about POLi and how can you use it to pay with it at online casinos and enjoy your favorite online casino games. Check out our list of the very best POLi casinos and take your pick.
POLi online gambling is not as popular as it should be because of the interesting history of this company. This payment system was founded in Melbourne, Australia somewhere in 2006 and was originally known as Centricom.
The first-ever version of POLi never really managed to get much appreciation. It was an ActiveX control that was very sensitive to hackers’ attacks and was quickly taken off the market.
The second version was launched in 2008 and was developed using the .NET Framework. This version still functions today in New Zealand and it’s used by a couple of banking systems witch are pleased by its features.
Finally, the last version was launched in 2012 and was named POLi as we know it today. It can be used on both PC platforms and mobile devices which was not possible with the previous versions. Now, POLi users can transfer money and make online payments from whatever device they prefer.
Because it acts as a middleman, placing itself between your bank account and the vendor’s website where you wish to spend money, you can rest assured that no personal data will ever become available to a third party or a bad actor.
A POLi casino online allows fast payments and transactions that are relatively simple to make, even by new players, and the identity of the user is confirmed using state-of-the-art authorization features to ensure complete fraud protection.
Getting Started With POLi
POLi functions the same way as its European counterpart, Sofort, meaning that you don’t need to have a POLi account or a POLi app installed to be able to spend some money.
There is no process required and the only condition is to have a bank account open at one of the integrated banks from Australia or New Zealand.
If you meet this condition, you are set to go and you can forget about intricate registration processes where you are asked to provide an email address and choose a password.
Deposit and Withdrawal From a Casino Using POLi
Assuming that you already have a bank account open at one of the banking systems working with POLI, you can move forward and make the transaction of your choice, either a deposit or a withdrawal at your favorite POLi casino.
It’s that simple because you won’t have to remember any account details or input long strings of numbers associated with your card or bank account like you would do with regular bank transfers or credit debit cards.
How to Deposit at Online Casinos Using POLi
Since there are no extra steps involved when making a POLi deposit you can move right away to your favorite POLi casino and follow the steps below.
Log in to your player account on the POLi casino page
In the cashier section choose POLi from the list
A pop-up will appear and you will be asked to input the desired amount you wish to deposit.
Select the bank where your account is open and confirm the transaction
Your funds should be available in your player account immediately
How to Withdraw From a Casino Using POLi
Because many gamblers are asking how to withdraw money from POLi we have prepared the next simple guide. It’s as simple as making a deposit
At your POLi casino homepage log in to your player account
Navigate to the cashier section and select POLi as the withdrawal option
A pop-up will appear where you will have to input the bank details and the amount of cash you wish to withdraw
You will receive a payment receipt to keep for record
The only thing left is to wait for the money to be transferred to your POLi account
Pros and Cons of Joining POLi Casinos
POLi may be a less-known payment method, however, it brings plenty of benefits to the table. If you want to see all the pros and cons of this payment system, you can check the next table.
POLi, just like other intermediate payment systems offers completely safe transactions. All your banking details and personal information will remain private
Unfortunately, POLi doesn’t have worldwide coverage and only a few POLi casinos are available in Australia and New Zealand
All transactions and transfers done with POLi are very fast. Casino deposits are instantaneously in most cases or take just a couple of minutes
Payments done with POLi can’t be revoked as you can do with a regular payment method. Once the transfer is confirmed there is no way back
POLi is user-friendly since it requires only a bank account opened at one of the integrated banks and you don’t need to set up a specific account on their website
Since it is available only in Australia and New Zealand, the only supported currencies are AUD and NZD
POLI requires no fees when you top-up the account
There are no taxes for deposits but POLi have a small fee applied to withdrawals of 0.9% plus $0.30 for each transaction.
How Secure Is POLi?
After its initial failure, the safety of its customers became a top priority for POLi and it now includes the latest security features and verifications protocols for each transaction.
Another great benefit is the fact that all transactions are completely private as your identity, banking information and any other personal details remain hidden.
POLi Casino Transfer Times
POLi online gambling became is very popular in Australia and NZ because all the transactions done with this payment system are very fast only taking a couple of seconds or minutes at most. Of course, these timeframes only apply to deposits because withdrawals depend on many other things.
The withdrawals timeframes vary so much because they depend on each particular casino operator and the time it is required for the gambling website to verify your identity and if the wins were gained fair without cheating.
How to Choose a Casino That Accepts POLi
If you live in New Zealand or Australia you have access to POLi casinos even if the number of sites that accept POLi transfers is not that large. With such a limited pool of choices, it’s understandable that beginners need help to pick the best possible gambling website.
Don’t worry because here at CasinoFreak we will land you a hand by providing a list of trustworthy POLi online casinos that have met both our team analysis and are reviewed by other real gamblers.
Because not every single POLi online casino in our list will be able to satisfy every players’ needs and tastes, we have created the best casinos page where all POLi casinos online are ranked according to the ratings of other real gamblers.
There is nothing like a good bonus to help you start your gambling journey right. Among all the casino promotions on the market, you can claim, by far the best one would be a no deposit bonus. To see which of the POLi online casinos offers the great no deposit bonus check our no deposit casinos page.
Alternative Banking Options
Even if POLi is a great payment system for players in New Zealand and Australia, there might be some gamblers out there who like to keep their options open. Also, due to the heavy geographical restrictions, most players around the world will not have access to POLi.
Similar payment methods can be found at Trustly casinos and IDeal gambling websites. They function just the same way, coming as a buffer to increase security and speed up all your transactions.
If you prefer e-wallets, even if that means you have to go through the process of setting up an account, you can check Neteller casinos.
To see all the payment methods available in your country, check our all banking options page and select your country to filter the entire list.
Perhaps the major drawback of POLi is the fact that it is only available in Australia and New Zealand. Since it does not cover any other country, players in other parts of the world will have to choose a different payment option.
Want to Start Gambling Now? Check Out All The POLi Casinos
Now that you have reached the end of our POLi review, just scroll back up, pick one of the POLi casinos from our list and see just why this method is so popular in the countries where it is available.
POLi Casinos FAQs
Why should I use POLi?
POLi is a very simple to use payment service since all you need is a bank account open at one of the integrated Kiwi or Aussie banks and you don’t have to go through the tedious process of setting up an account as you would do with a digital wallet. All transactions are fast and completely safe.
Are my details safe with POLi?
Yes, all your details, both your personal and banking information are perfectly safe with POLi, simply because this payment method will not share any sensitive information with the online vendor.
Are there any transactions fees?
Unfortunately yes, there are some small fees of 0.9% plus $0.30 for each transaction when you are withdrawing money. However, there are no fees applied to deposits.
Can I withdraw my winnings using POLi?
Yes, you can withdraw your wins using POLi if the specific casino operator allows it. If not, you will have to pick another option for withdrawals like an e-wallet or a bank transfer.
Are there any fees for currency conversion?
No, because POLi is only available in Australia and New Zealand and the only currencies accepted are the AUD and NZD, therefore there are no additional fees for currency conversion.