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POLi Casino: The latest information about POLi casinos in Australia 2024

various payment methods available to use at online casinos by providing informative and helpful content that helps readers make the best choice for their needs.

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Nathan has contributed his invaluable knowledge about online casino payment methods to the AusCasinos site since 2021. His expertise lies in dissecting and analysing the many different payment methods used in online casinos.

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To recommend the best options for Australian players, he regularly researches payment providers to ensure he’s up to date with current fees, withdrawal times, compatibility with different platforms, ease of use and more.

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From traditional banking options to the latest e-wallets and cryptocurrencies, Nathan’s insightful articles offer readers plenty of insights into how to make secure and efficient transactions within the iGaming industry.

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Nathan Reynolds
Last updated:

Looking for a guide to POLi casinos? Unfortunately, POLi is no longer accepted as a payment method in Australia.

However, plenty of alternatives to POLi online casinos offer similar benefits. We'll cover why POLi is no longer available in Australia, workarounds for making casino deposits and withdrawals using the cash in your bank, and the best alternative payment methods.

Our experts have also found some of the best alternatives to POLi online casinos in Australia. Let's take a look.

Best POLi Casino Alternatives 2024
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1
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Showing 20 out of 112

POLi logo banner

What is POLi and What are POLi casinos?

POLi (which stands for Pay Online) is an online payment system that allows you to make payments directly from your bank account without a credit card.

POLi was a popular payment method in Australia, allowing users to make secure payments directly from their bank accounts. It's reminiscent of other direct banking methods but was set up exclusively for the Australian and New Zealand markets.

POLi integrates with your internet banking to provide a seamless and secure way to complete transactions online. While there are some similarities between POLi and other payment options like PayID or BPay, it's more geared towards online purchases and payments to merchants.

It involves redirecting to your bank's login page to confirm payment details within your bank's secure environment.

A POLi casino is an online casino that accepts POLi payments.

Why Can’t POLi Be Used at Online Casinos?

As of September 30, 2023, POLi has discontinued its operations in Australia.

This decision was influenced by several factors, including the launch of the New Payments Platform (NPP), which provided a more advanced and secure real-time payment infrastructure .

The technological and security advancements in banking systems also contributed to the decision. That's because maintaining compatibility and security with these new standards required significant ongoing investments that POLi couldn't sustain ​.

Customers were advised to seek alternatives to POLi payments, like PayID, prepaid cards and vouchers, debit/credit card payments, and traditional bank transfers.

Will POLi Be Available in Australia Again?

Given the reasons POLi discontinued its services in Australia (as outlined above), it's unlikely we'll see it available again anytime soon.

But we'll monitor the situation and let you know if anything changes.

How Does POLi Compare to Other Options?

Our experts have put together the table below to help you compare similar payment methods. So you can choose the right payment option for your online gambling needs.

Feature POLi PayID E-Wallet
Deposit time Instant Instant Instant
Withdrawal time n/a 2-24 hours Within 24 hours
Security and privacy Bank-level encryption Bank-level encryption Advanced encryption
Bonus eligibility n/a Usually available Sometimes restricted
Casino availability n/a Not widely available Widely available

How to Deposit at POLi Casinos?

While POLi is no longer available as a payment option at online casinos, there are similar options. If you're looking for a payment method that's linked to your bank account, here are our recommendations.

Bank Transfer

If you're looking for the security of POLi then a bank transfer is a good alternative. It's highly secure and easy to do by following these steps:

  1. Search for a casino that offers bank transfers and create a casino account or log in.
  2. Navigate to the cashier section and select bank transfer as your deposit method.
  3. Take note of the casino’s bank details, particularly the account name, number and SWIFT code.
  4. Log into your internet banking and make a transfer to the casino.

Use a Debit Card

A debit card is another alternative that uses cash from your bank. Follow these steps to make your deposit.

  1. You can sign up or log into an online casino that accepts debit cards (usually Visa or Mastercard).
  2. Head to the cashier's section and select Mastercard or Visa (depending on your card) as your deposit method.
  3. Type in your debit card details, including the date of expiry, CVV number and the name listed on your card. You may be asked to verify the transaction via text or your online banking app.
  4. Wait for your funds to transfer - which is usually instant.

Use an E wallet

You can transfer your money in your account to a digital e wallet which are a popular payment method at many casinos online. Follow these steps to start playing.

  1. Search for an online casino offering e wallets as a payment option. Check out Neteller casinos or MuchBetter casinos as a starting point.
  2. Set up the account with your chosen e wallet. You may need to provide ID to verify your account.
  3. Transfer your chosen amount from your bank account to your e wallet.
  4. Visit your online casino and select your e wallet from the cashier's section. Follow the prompts to make your deposit and start playing.

How to Withdraw From POLi Casinos?

When POLi payments were available, it was only ever for making payments - not withdrawals.

You may wish to consider a bank transfer or setting up a digital wallet as alternative withdrawal options.

Here's how you can make your withdrawal at an online gambling site:

  1. Log into your casino account: Navigate to the cashier or banking section of your account.
  2. Choose withdrawal: In this area of the site you'll be asked to select your preferred payment method. If choosing a bank transfer you’ll be asked to provide your bank details including account number and SWIFT cost. There are plenty of alternatives if you'd rather not disclose this information, including e wallets or cryptocurrencies.
  3. Choose the amount: Type in how much of your winnings you want to withdraw.
  4. Hit confirm: Once you're happy with everything confirm the transaction. The withdrawal can take anywhere from a few moments to a few days depending on your chosen payment method.

Limits, Fees and Costs at POLi Casinos

While POLi isn't available as a banking method, it's still important to understand and look out for fees when playing at any type of online casinos. Based on our experience, let's explore some of the limits and fees we recommend checking out before playing.

Is There a Deposit Limit and What Are The Fees?

When POLi was available it set a generous deposit limit, which went as high as $5,000.

If you're looking for a deposit method with a generous limit, we recommend bank transfers or e-wallets.

Be aware that you'll also need to check the deposit limits set by each casino. These usually apply to minimum deposit limits, typically around $10 or $20.

POLi was free for players. In comparison, bank transfers can be expensive.

If you're looking for a low fee alternative, e wallets or prepaid cards (like a Paysafecard casino) are a better option.

Is There a Withdrawal Limit and What are the Fees?

Withdrawal limits are more often dictated by casinos, rather than payment providers. The fees will vary depending on which payment method you choose for the withdrawal.

Bank transfers typically come with higher fees than some alternatives. If you're looking for low fees, PayID is a great choice. Cryptocurrencies are also a good option.

E wallet fees can vary wildly, so if you opt for this payment option make sure you check the terms and conditions of your preferred e wallet. Also look out for currency conversion charges which can sting you.

We recommend checking out the fees at each casino, along with the payment provider before making a decision about your preferred payment option.

Other Limits and Fees

POLi stood out for its straightforward approach. There were no monthly subscription fees, and different types of accounts didn't alter the fee structure or limits.

Since POLi was a bridge for transactions between your bank account and the casino, you couldn't hold funds directly with POLi.

This simple approach let players enjoy a hassle-free experience without worrying about additional costs or restrictions. Good alternatives that offer similar hassle-free transactions include PayID and e wallets.

Information about POLi

POLi serves thousands of customers and supports transactions for numerous online merchants and casinos.

It was acquired by Australia Post in 2014 and ceased operations in Australia in September 2023.

Founded 2006
Mission To create a seamless and secure online payment system that didn't rely on credit cards.
Parent company Merco
Headquarters Auckland, New Zealand
Number of employees 50+

Conclusion

Although POLI is no longer available in Australia, there are some other great alternative payment methods that offer similar benefits. These methods let you use the funds in your bank account to make quick transfers and withdraw money from your account.

Our top picks include PayID, prepaid cards, or bank transfers. E wallets are another great option if you're looking for quick transfers that offer high-quality security and protection.

If you're ready to start playing, check out our list of alternative POLi online casino sites. We're here to help you find online casinos that offer a range of payment options and an excellent gaming experience.

icon of questionIcon

POLi Casinos FAQ

No, POLi payments are no longer available at Australian online casino sites. That's because Australia Post (who owned POLi) withdrew its services from the Australian market back in 2023. So you'll need to find an alternative banking method to use when playing online casinos.

No, you cannot withdraw your winnings using POLi. When POLi was available it was only ever offered as a payment service - not for withdrawals.

As an Aussie, you can no longer register for a POLi account. It's currently only available as a banking method in New Zealand.

Nathan Reynolds
Nathan Reynolds Finance Expert
31 Articles 0 Reviews

Nathan is our in house finance expert. He covers everything there is to know about the various payment options available at online casinos, helping you choose the best payment method for you.

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Last updated: July 30, 2024