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28 April, 2021 0

Are e-wallets the fastest casino payment method?

Are e-wallets the fastest casino payment method?

You have probably seen word e-wallets in the online casino industry, a lot. For instance, in the casino payment offers or in quality casino reviews across multiple casino review sites.

So the first question that came to me was what are the e-wallets? Are they safe? Thirdly, and most importantly are they really the fastest payout method at best online casinos?

Therefore I have put my focus to find out all possible info about them, online. In other words, I tested the top 5 that has a reputation for being the fastest and are available to NZ players.

In addition to a list of the fastest casino e-wallets that can be found here, I have explained what e-wallets are, are they safe and why should we use them.

Most common e-wallets at online casinos

In New Zealand, there can be used only 4 types of payment methods, including:

  • debit cards,
  • e-wallets,
  • bank transfer
  • and cryptocurrencies.

But the fastest ones and most used, for instance, are e-wallets.

Below you can see our list of the top 5 fastest digital wallets in New Zealand.

E-walletDeposit timePayout timeFeeMax withdrawal
PaysafecardInstantInstant0%NZD 6000
SkrillInstantInstant0%NZD 6000
NeosurfInstant0-24h0%NZD 6,709
NetellerInstant0-24h0%NZD 6000
Rapid by SkrillInstantInstant0%NZD 6000

What are e-wallets?

According to the article from The Economic Times article, an e-wallet is a type of digital card used to pay online. The most popular digital wallet (e-wallet) is definitely PayPal.

However, PayPal is not as well represented in NZ online casinos, and we did not mention it in our list above. Registration and activation of any e-wallet are free.

However, you need to have an individual bank account to link to that digital wallet. The biggest advantage of digital wallets is security. Because with their help we can make payments for online purchases, casino deposits, casino withdrawals, shopping online, sending money and others.

E-wallets are protected by SSL encryption and password. You can use them on your computer or smartphone.

How to set up e-wallet account?

When creating an e-wallet, you need to download their software to your smartphone or computer.

Fill in the required information such as first and last name, your address, phone number, and bank details. To clarify, bank details were never shared to a third party.

When shopping online, the digital wallet fills in all the required information, and you confirm each purchase by entering a code.

In today’s world, when hundreds of hackers and their bots are willing to steal bank information during transactions, e-wallets are a great thing.

Your bank account details are 100% protected.

E-wallets are the fastest payout casino methods

In conclusion to our today’s article, we have concluded that the indeed, fastest casino payment method is through e-wallet. Skrill, Neteller, Rapid, Neosurf, Paysafecard and others are the safest and fastest payout methods at online casinos.

They have instant payments or on the same day, and if you are looking for the fastest payout online casino in New Zealand, you should consider creating an e-wallet account.

Other payment methods have a much slower transaction speed when it comes to payouts. If you use Visa, Master or Maestro you will be waiting from 2 to 3 days. Bank transfer from 35 days to 14, depending on the bank.

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