Payment systems and banking for online casinos are areas that we urge you to research. If you want the best value for money, and a seamless casino experience then you must be able to make deposits quickly, play with a viable currency and withdraw your winnings with ease.
One of the best currencies to achieve these goals is the New Zealand dollar. In this guide, we take a look at NZD online casinos and their benefits, and why you should consider registering for an account with one today. We also provide some handy tips on selecting a suitable platform for your gaming.
6 benefits of NZD for online casinos
Let’s jump right into it and discuss the benefits. Some of these are obvious, but some are less tangible and consider the strength of the NZD against other fiat currencies.
1. NZD is widely accepted at most online casinos
The main benefit is that NZD is one of the most popular fiat currencies in the world. As you will see below, it ranks among the top traded currencies on a global scale and there is plenty of it in circulation. This means that many of the best online casinos accept NZD.
Unlike lesser-traded currencies, there is minimal financial risk using NZD. The surrounding support and payment infrastructure for this currency mean that it is especially easy to use.
2. NZD is one of the most-traded fiat currencies
The NZD is one of the top 10 traded currencies in the world, which is pretty impressive for a country that has a population of just over 5 million! We have listed the current top 10 traded currencies in the world below for reference:
- USD (US dollar)
- EUR (euro)
- JPY (Japanese yen)
- GBP (British pound sterling)
- AUD (Australian dollar)
- CAD (Canadian dollar)
- CHF (Swiss franc)
- CNH (Chinese renminbi)
- HKD (Hong Kong dollar)
- NZD (New Zealand dollar)
That’s some pretty stiff competition, but this just goes to show the popularity of the NZD and why it is so important for online casinos. There is little risk involved in using NZD for payments because it is considered one of the most stable fiat currencies in the world and that’s unlikely to change.
3. Casinos accepting NZD are usually high quality
NZD is one of the most popular global currencies. As a result, the casinos associated with it are typically high-quality. The best online casinos accept multiple currencies and allow you to make withdrawals and deposits without any fuss.
These platforms are all licensed by reputable regulatory bodies, offer a brilliant selection of games for your enjoyment, and provide great value for money with promotions and bonuses.
Many promotions are available for both new and existing customers too, and can include things like deposit match bonuses and free spins on popular slot games. We delve into this in more detail below and how to pick the best NZD casinos, but simply put, these platforms are usually amazing.
4. You can use a wide array of payment methods with NZD
Imagine registering with an online casino to find that they only accept cryptocurrency or Skrill as payment methods! This isn’t the case with NZD online casinos. These high-quality platforms usually accept a huge range of payment methods, such as Visa, MasterCard, Interac, PayPal, Neteller, Skrill and bank transfers.
This means that you can make deposits and withdrawals quickly and not have to worry about trying to utilize or sign up to random payment systems that you will never use again. As NZD is such a widely accepted and popular global currency, it usually makes payment systems simpler for online casinos.
5. If NZD is your native currency, there are no exchange fees
One of my pet peeves with online casinos is having to deal with exchange fees and exchange rates. Imagine that you have just won the equivalent of $200 NZD at an online casino, but the only accepted currency on the platform is USD.
This means that when you withdraw the cash, you have to deal with the arbitrary exchange rate the casino or your bank imposes, which you can guarantee is lower than the global average. When all is said and done, that $200 NZD has turned into $170 NZD, and you lose out!
Simply put, if NZD is your native currency, using an NZD casino is the best option to avoid exchange rates and exchange fees reducing your profit and playable cash.
6. Casinos accepting NZD usually feature hundreds of pokies
Everyone from aspiring entrepreneurs to retirees has one thing in common in New Zealand if they are a gambling enthusiast — they love pokies (video slots). New Zealand is synonymous with pokies and all online casinos that accept NZD will have a huge selection of slots to play.
We love these games too with their vibrant graphics, immersive themes and epic soundtracks. So, if you love slots, these are the best casinos available! You can find legendary games like Rich Wilde and the Book of Dead, Thunderstruck II, Gonzo’s Quest and Bonanza for example. Many NZD casinos also feature retro fruit machines and classic 3-reel slots that mimic pokies you would find in bars and restaurants.
How to pick the best NZD online casino
As you can see, NZD casinos have a great deal to offer and using this currency can provide numerous advantages. But how do you pick the best NZD casinos and avoid platforms that could potentially scam you, or result in a poor online gambling experience? The main factors we look for when selecting an online casino include:
- A valid gambling license from a regulatory body
- Reliable and available customer support
- Varied game selection with titles from reputable software developers
- Plenty of high-value promotions and bonuses
- Favorable deposit and withdrawal terms
- A wide range of accepted payment methods
Evidence of a license is the first thing we look for as we want to know that we’re playing at a casino that complies with gambling regulations and fair play policies. Other factors like customer support, game selection, payment methods and promotions are also important and add to the overall gaming experience and enjoyment.
Find an NZD online casino today for a fun gaming experience
We hope you have found this article useful and can see the advantages the New Zealand dollar offers when using it at online casinos. One of the main benefits is its wide acceptance, but there’s also the strength of the currency in the forex market, the quality of the associated casinos and the benefit of playing using your native currency.