Best New Zealand Payment Methods

In New Zealand, online payments are made primarily through the major credit cards and debit cards. Other payment methods include direct bank transfer specialist systems such as POLi and Account2Account.

‘Buy Now Pay Later’ websites or apps (like Afterpay) have gained popularity in recent years too. These allow customers to purchase goods online immediately but pay the service provider back in installments.

Debit Cards

Debit cards are a good option for New Zealand travellers as they allow you to carry less cash around. Almost all New Zealand banks offer debit cards with no monthly account or transaction fees and they are usually accepted at shops, restaurants and other retailers.

They can be topped up with foreign currency at banks or exchange companies like Travelex. Prepaid travel cards let you load multiple currencies on one card and lock in an exchange rate before your trip.

Up until recently it’s been expensive to use plastic overseas with most travel money cards, credit cards and bank-issued debit cards charging a combination of foreign currency conversion and ATM withdrawal fees. But the new Wise debit card is shaking things up by offering rock bottom overseas currency conversion fees, free ATM withdrawals and a dedicated app to track spending and balances. It’s the best way to spend in New Zealand.

Credit Cards

New Zealand is a mature card market with extensive use of Eftpos and debit cards. Mobile payments need to focus on replicating the convenience of these card types if they want to take off in this market.

Most banks in NZ offer a range of credit cards with varying benefits. They are the easiest and most convenient way to pay, especially in shops and restaurants that accept contactless (tap) payment. Many hotels and tour operators also accept credit cards.

You can save on international ATM fees and conversion charges by using a travel-friendly debit or credit card that has low foreign exchange transaction rates. You can also choose a credit card that earns airline award points or has cashback features that help you save. Some of these cards have annual fees but others don’t. It’s worth notifying your card issuer of your trip to NZ to avoid https://newzealandpayments.co.nz/ any card security issues or possible overseas transaction fees.

Muchbetter Casinos

Muchbetter is a fresh casino payment option which can be used by New Zealand players to deposit and withdraw money at online gambling sites. This mobile app-based e-Wallet complies with high banking security standards and uses effective policies to prevent fraud.

As soon as a casino operator processes the payment, the amount will be posted to the user’s Muchbetter account. From there, they can spend the funds in various ways at casinos which accept this payment method. Withdrawals are also supported, although there may be fees for some services.

Some of the best Muchbetter casinos offer attractive welcome bonuses to their guests. For example, Wildz Casino welcomes new players with a 100% matched bonus on their first deposit. Other online casinos provide additional free spins and extra cashback on subsequent deposits. In addition, players can choose their preferred game titles from a wide range of pokies. They can also enjoy progressive jackpots and a rich VIP program.