What is POLi?
POLi is an online payment system used in Australia and New Zealand that allows consumers to make payments directly from their bank accounts. POLi facilitates real-time payments between customers and merchants without needing a credit card or creating a separate account.
What is POLi?
POLi is an online payment system used in Australia and New Zealand that allows consumers to make payments directly from their bank accounts. POLi facilitates real-time payments between customers and merchants without needing a credit card or creating a separate account.
How to make a deposit using POLi on an online casino website?
To use POLi, customers select it as their payment option during checkout. Users enter their bank login credentials on the secure Pay Anyone section and complete the payment. The transaction is processed instantly, and funds are transferred directly from the customer's bank account to the merchant. You will receive a receipt as confirmation.
How to Deposit at Australian Casinos Using POLi
To deposit at Australian casinos using POLi, follow these steps:
- Choose a real money online casino that accepts POLi as a payment method.
- Register for an account with the casino and select POLi as your payment option.
- Enter the amount you wish to deposit and select your bank from the list of available banks.
- You will then be redirected to the secure POLi payment page, where you will be prompted to log in to your bank account.
- Follow the instructions on the POLi payment page to complete the transaction. This typically involves selecting the account you wish to transfer funds from and confirming the payment amount.
- Once the transaction is complete, you will be redirected back to the casino's website, and your account should reflect the new balance.
How to Withdraw at Australian Casinos with POLi
It's important to note that while POLi is a convenient secure payment option, it is not available at all online casinos in Australia.
What Are The Pros and Cons of Using Poli at An Online Casino
| Pros | Cons |
|---|---|
| Convenience: POLi offers a simple and convenient payment method that allows you to transfer funds directly from your bank account to your casino account without the need for a credit card. | No Withdrawals: While POLi is a popular payment option for deposits, it is not typically available for withdrawals. This means that if you win money at the casino, you will need to choose a different payment method to withdraw your funds |
| Security: POLi is a secure payment method that uses industry-standard encryption to protect your personal and financial information. Additionally, because you don't need to provide the casino with your banking details, there's less risk of your information being compromised. | Limited Availability: Although POLi is widely accepted at many online casinos in Australia, it is not available at all sites. You may find that some casinos do not support POLi as a payment option, which could limit your choices when it comes to where you can play. |
| Speed: Deposits made using POLi are processed instantly, which means you can start playing your favourite casino games right away. | No Credit Option: Unlike some other payment methods, POLi does not offer a credit option. This means that you must have sufficient funds in your bank account to cover your deposit. |
| No fees: POLi does not charge any fees for deposits, which means you can transfer funds to your casino account without incurring any additional costs. | Potential Security Risks: While POLi uses industry-standard encryption to protect your personal and financial information, it's important to use caution and ensure that you are only entering your details on a secure and reputable website. |
| Widely accepted: POLi is accepted at a large number of online casinos in Australia, which means you have a wide range of options when it comes to choosing where to play. | Bank Account Required: To use POLi, you need to have an online banking account with one of the participating banks. If you don't have an online banking account or if your bank is not part of the POLi network, you won't be able to use this payment method. |
| Overall, POLi is a convenient, secure, and cost-effective payment method that is ideal for players who want to make quick and easy deposits at online casinos in Australia. | Overall, while POLi is a convenient payment method for online casino deposits, it may not be suitable for everyone. It's important to consider the potential disadvantages as well as the advantages before deciding whether to use this payment option. |
Best Casinos That Use POLi Payments
The list of banks supporting POLi
POLi is currently supported by a number of banks in Australia and New Zealand. Here is a list of some of the major banks that support POLi:
Australia:
- ANZ Bank
- Bank of Melbourne
- Bank of Queensland
- BankSA
- Bendigo Bank
- Commonwealth Bank
- HSBC
- IMB Building Society
- National Australia Bank (NAB)
- Suncorp Bank
- Westpac
New Zealand:
- ASB Bank
- Bank of New Zealand (BNZ)
- Kiwibank
- TSB Bank
- Westpac
This list is not exhaustive, and other banks may also support POLi. If you are not sure whether your bank supports POLi, you can check the list of participating banks on the POLi website or contact your bank directly for more information.
How Does Poli Integrate PayID In The NPP
PayID is a service that allows money to be moved easily and securely between financial services and platforms like banks and building societies. PayID is a service that makes it easy to send money to any account quickly and securely. Your PayID can be a phone number, email address, or business number linked to your bank account. With POLi, a unique email address is generated per transaction for use as a PayID.
Will PayID Create A Banking Code?
By using POLi™ PayID, you can make payments for goods and services online. At the point of payment, a PayID will be generated for you to use in your internet banking app or website. Payments are typically received within seconds, but the transaction time may vary.