Fastest Payout Casinos of May 2022 - [Payout Speed: 0-3 Days]

Top 3 Fastest Payout Casinos for New Zealand

Kiwi players should look into the payment methods and payout speed while choosing an online casino. Unlike other online casino reviewing websites, we focus on the payout time taken by the casino. As an aware customer, one must check this essential thing. NZ players can opt for the online casinos mentioned here to get fast withdrawal.

How We Pick Fast Payout Casinos For Players in NZ

Our goal is to help every New Zealand casino player and the group of gambling enthusiasts is significantly growing across the country. This is why the number of casinos turning their attention to NZ is also growing and why it requires some extra attention. While we do our best to continue reviewing the best sites for the fastest payouts, we also suggest you try out the new casinos and see what fits your needs best. While picking our top casinos, we pay attention to a large number of performance metrics which we discuss in a fully transparent manner so you understand all the details that come with them. If an online casino performs well on a metric we’ll be more than happy to mention this, but we will always point out the drawbacks as well, if any. In the end, we believe that the ultimate experience is the outcome of a wide range of factors including the following metrics:

Processing Times

The processing time of payments is clearly the most important performance metric when it comes to finding a fast payout casino, which specifically means that we try to find casinos that are processed within 24 hours. A lot of operators give the flexibility to access payouts instantly as well, although this also depends on the preferred payment method chosen by the user. In order to easen things you might as well stick to e-wallets and avoid traditional solutions like wire transfers which consequently depend on business hours of banks and thus tend to take longer. This choice will have to do with your personal preference as well.

Available for NZ

The best online casinos for Kiwis are also those that are available to the NZ market. This isn’t always the case, which is why not all operators accept players in New Zealand. Let’s not forget that online gambling isn’t regulated in NZ. People who do want to make their online wager won’t be stopped by New Zealand authorities as long as they play on websites that are officially offered offshore. All online casinos that are featured on our platform have been checked for full availability in New Zealand which not only limits to being able to access the site, but also includes the option to create an account and play in NZ dollars. The same is true for the bonuses which will need to be available as well. 

Wide Range of Banking Methods

Fast payouts means you’ll need to have some options as this speeds up the process significantly. The best online casinos work with a wide range of payment solutions which includes a combination of e-wallets, vouchers, and traditional banking methods such as credit cards and bank wire transfers. Out of these options, e-wallets are clearly the fastest which explains why they are often among our preferred payment methods. You will need to take into account, however, that some e-wallets may be excluded from casino bonuses which is yet another reason why working with a wide array of banking methods is so important. 

Licences

One of the first performance metrics we take into consideration is the licence a casino operator works with. As we’re fully aimed at New Zealand, this clearly means that a casino website must be accessible for players in NZ. Holding a valid licence makes sure that users from NZ can enjoy a trouble free gaming experience. This is why KiwiGambler.co.nz only includes casinos that have strong licences. Ideally, we limit our top picks to operators that work with the ones issued by the Malta Gaming Authority (MGA), UK Gambling Commission (UKGC), and the Gibraltar Betting and Gaming Association. The list of crypto casinos is steadily growing and this group of operators typically holds a licence issued in Curaçao, which isn’t known as a very solid licence, but there are still heaps of new casino sites that apply for a licence in Curaçao, merely to be able to work with crypto. A licence from Curaçao isn’t always negative. As the local authorities have begun to reorganise the licensing system we expect the licences to gain authority in the next few years. 

Tested with Real Money

We can’t stress our passion about online gambling enough which is exactly why we believe that our list of fast payout casinos in New Zealand is fair and accurate. We test our casino picks with real money which means we need to enjoy the experience ourselves to be able to recommend the site. As we play with real money, it also requires full attention at any bet we make, every webpage we visit, and every move we make when we test online casinos. At KiwiGambler we have loved online casino sites from the very first day they were available and banking is definitely one of our main interests when we feature a review on our platform. Everything we do is intended to help players find the ultimate casino experience as we consider ourselves true casino players before anything else. 

Benefits of Fastest Payout Casinos

The good news about fast payout casinos is that there aren’t really disadvantages of being able to quickly receive your winnings. This is why we’ll only stick to the benefits of fast payout casino websites which we are happy to discuss with you below. 

Effective Bankroll Management

Spin, win, and collect. That is all it takes when you’re playing at an online casino that offers you fast payouts. The main advantage of this is that you can easily separate the winnings as soon as you request them and effectively document your Return on Investment (ROI). If a casino works with longer pending times it is more likely to lose track of your spendings, wins, and losses, as there is a longer gap between each of the transactions. Lowering the processing time will benefit the accuracy of your financial administration. Spinning on online pokies is easy, correct documentation of winnings is yet another challenge if you want to be successful in the long run. 

Less Financial Risk

This brings us to our next point. A lot of online casinos give their users the chance to undo a payout request as long as the withdrawal is still pending. This is clearly done to encourage visitors to keep on playing which is logical from the casino’s point of view, but not very ethical if you ask us, as users run more risk to lose their winnings again. By delivering faster payouts this risk is greatly reduced. All players should therefore know that you haven’t made yourself a win unless you’ve got your money secured in your own bank account. As long as it’s still part of the casino, it’s not yours — remember that. 

Trustworthiness

Giving players what they deserve is really all it takes to keep them happy, so a casino might as well invest in facilitating speedy payouts so this improves their relationship with a player. Let’s face it, online casinos are more than happy to take instant deposits as well, so delivering instant payments shows a casino’s goodwill to invest in long term relationships with its visitors. Casinos that fail to process payments in a timely manner are automatically considered dodgy as they don’t seem to want to pay their players.

Things to Consider About Processing Times of Casinos

Something important to note is that slower payments doesn’t necessarily mean that it’s the casino that is not willing to process the transaction as they also depend on the payment provider. It is therefore crucial to be fully prepared when you request your next payment, at least if you’re in a hurry and want to access your money as quickly as possible. Here are a few things to take into consideration when it comes to striving for fast payouts. Withdrawal processing times depend on:

Chosen Payment method

Choose wisely when you make a withdrawal request and try to do the same when you deposit your funds. How fast a payment method is, depends on a number of factors with a major role for the payment solution. This solution is brought to you by a payment provider which can either be a bank or another financial institution. Those that depend on a bank, automatically depend on the bank’s business hours while modern e-wallets have succeeded in taking away this dependence, significantly speeding up the process. E-wallets are often your best choice when we talk about fast payments, but tend to be a bit less popular among casinos when they hand out their casino bonuses. Bank wire transfers are slower for the exact same reasons as mentioned above while credit cards aren’t known to be very fast either. Carefully choosing your banking method will make a major difference, so always make sure you check out all the options available and their terms. 

Amount

The requested amount can also affect the speed of withdrawals as most operators have installed withdrawal limits. There are mostly daily, weekly, and monthly limits while most websites have limits per transaction too. If your withdrawal amount exceeds the limit, you will have to request the payout on multiple occasions which will clearly slow down the process. Jackpot slots, such as the ones you’ll find at a Mega Moolah casino tend to payout in one single transaction as they’re often part of a progressive network, but otherwise we advise you not to touch the winnings and maybe even refrain yourself from any gambling activities as they’re still not yours until you actually have the money in your bank account. This is obviously more the case if it concerns a large sum of money. 

Verification Status

Every player needs to be verified by law which is part of international Know Your Customer (KYC) and Anti-Money Laundering (AML) policies which forces online casinos to verify every transaction and every user behind it. This is why all players will need to be verified and this step isn’t only limited to you, but applies to all players that make online wagers. Luckily, this is a one-time verification only which means you’ll get set and good to go once you’re verified. First time verification will, nonetheless, always slow down the processing time. Once verified, future payments should be instant, especially if e-wallets are chosen.

Fastest Payment Solutions

We already pointed out that the speed of withdrawals highly depend on the preferred banking method of which we will discuss a few below. This list concerns the fastest solutions available today so you won’t have to worry about speed if you stick to:

E-wallets

E-wallets don’t depend on banks which is one heck of a barrier for both players and operators. This is especially true for weekends or bank holidays which greatly affect the processing time, not to mention that most casino operators are located in Europe and not in New Zealand. E-wallets have been very important to deal with international transactions and also include NZ dollars, giving you one thing less to worry about. The best examples of e-wallets offered by online casinos are Skrill, Trustly, PayPal, and Neteller which are internationally available and are also popular among a lot of New Zealanders. PayPal is probably the most known e-wallet in the country, but the other solutions have gained popularity in recent years and this is largely thanks to the growth of the online casino industry. We have to point out that the validity of bonuses can be affected by e-wallets as not all promos are valid for all e-wallets while some of them may also charge withdrawal fees. Even so, using e-wallets is probably still cheaper than an international wire transfer.

Pay N Play 

Trusly’s Pay N Play was launched to give players the fastest solution possible by facilitating immediate transactions. Pay N Play casinos have since become extremely popular among both players and operators as it gives them a lot less things to think about. As the payment solution connects with the bank account of the player, he or she is no longer required to fill in a registration form as all the personal details are automatically filled in by the bank. This saves players a lot of time as they won’t have to register themselves or confirm their account. With smaller payments they won’t have to go through the previously mentioned KYC and AML-id checks which also save a lot of hassle. 

Crypto

Crypto works with wallets as well, which explains why they are very fast as well, often even faster than e-wallets like PayPal and Trustly. In order to make use of crypto wallets, players will need to have both access to the wallet and to a crypto currency. Not all currencies are accepted by casinos, but the major crypto like Bitcoin, Litecoin, Dogecoin, and Ethereum have gained a lot of space in recent years. Please note that crypto currencies are known to be highly volatile which also affects the net revenue once it’s time to withdraw your winnings. Other than that, crypto is among the fastest options available.

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