What does fast payout mean at an online casino?
A fast payout is how quick money is transferred from your registered casino account to your existing bank account. In simple terms, a payout is the amount of money, reflective of your initial bet, awarded when you win.
A fast payout online casino gives priority processing and allows players to withdraw money faster from their casinos than standard online casinos. Therefore, it is better to opt-in for one with a faster payout to enable you quickly cash in your winnings. Once you request a withdrawal, the time starts counting until you receive the winnings in your account.
With the fastest payout online casinos, you get your fund credited quickly without wasting any time. Usually, it happens within 24 hours and some casinos process payments during weekends, whereby you don’t have to wait till weekdays to get your funds.
Best Payout Casinos in New Zealand
If you are looking for the best payout casino in New Zealand, you don’t have to spend time testing each site. Instead, our expert teams have listed the top best New Zealand payout casinos where you can get an instant payout of your winnings. They are as follows:
With wazamba.com, you can never be tired of online casinos. It is embedded with tons of real money games for kiwis’ enjoyment. They also have several bonuses that you could select to play for real money. For example, their weekly cashback of 15% allows you to get your money back from the staked portion. All you need to do is to register to claim these bonuses. Interestingly, they accept 10 currencies and offer various payment options that allow for instant deposit and withdrawal. Therefore, depending on the payout method you select with wazamba.com, you can instantly get your payout into your account.
This casino offers a mixture of both traditional and new games. Justspin.com also has live games for real gambling experience feelings. For a user-friendly online casino platform, you should opt-in. They put everything needed to satisfy their players in place. Not just that, their banking options are varied, with the easiest and fastest deposit of up to €500 which can be utilized to win real money and end up getting your payout instantly.
It is another best payout casino in New Zealand with a fantastic welcome package of €1000 + 150 free spins. No matter your game choice, you can never be bored on boocasino.com. All you need is to select your game and start playing. They accept many of the instant payout methods which allow players to withdraw their winnings quickly. They have 2 means you can reach out to them for any complaint or inquiry, which is still fair.
Nomini has over 4,000 games and 7 welcome packages, all for your selection. So, there is unending fun on this casino site alongside sweet winnings. You could exchange any of your bonuses or achievements for cash. Apart from accepting the New Zealand dollars, they also accept 7 other currencies for fund deposits and withdrawal. Nomini also has various payment methods, which allows you to play for real money and get an instant payout upon request.
If you want to play a quality game and a minimum deposit casino, then 21.com is a place to be. They have a variety of games from the top game developers like Microgaming. They have over 400 titles of video slots, and progressive jackpot slots. You would win a million from playing these slots. Their customer support is perfect as they have a live chat option available 24/7. When it comes to funding your 21.com account, it is a quick and easy process. To make deposits, they have varieties of banking options, and whenever a withdrawal is requested, the funds get credited instantly into your account. They accept several types of e-wallets that are responsible for instant payout compared to other payment options.
Factors Affecting the Fastest Payout Online Casino in New Zealand
Selecting a payment provider like bitcoin or an e-wallet is an excellent way to speed up payout faster because they instantly deliver wins to your account (within 24 hours). However, several factors are affecting the payout speeds of an online casino.
In New Zealand, there are many top fastest payout casinos, but there are essential factors to consider when searching for them. They include (but not limited) to:
- Banking or payment method: The withdrawal method makes a big difference in payout speeds at an online casino. Although different casinos process their payout at varying rates, some methods are faster than others. You need to choose a fast payment option if you have selected a quick withdrawal processing casino. Credit and debit cards options are convenient but not the fastest available withdrawal method as they could take 1-7 days. Similarly, the bank wire method may take longer and even incur some fees. If you want the fastest payout with the lowest possible cost, you have to select any of the e-wallets payment method.
- Submitting Know Your Customer (KYC) documents: you need to verify your identity before withdrawing money from an online casino. You might do this before processing any withdrawal, or right from registration. Usually, this is because of anti-money laundering and fraud controls attached to online casinos. We now recommend that our New Zealand players submit these documents right before the casino site requested them because it takes time to validate a casino account. So, when the time comes for withdrawing your winnings, you won’t be delayed waiting to be verified. At the same time, you can achieve much faster payouts.
- Meeting withdrawal Requirements: once you are familiar with the withdrawal terms and conditions, you won’t be frustrated at the time of withdrawing. This is because you already know what the online casino requires before you make a withdrawal. As a player, when searching for the fastest payout online casinos in New Zealand, you should always watch out for:
- Wagering requirements attached to bonuses: In all online casinos, standard wagering requirements exist, but the wagering multiple can vary depending on the casino. A player must meet wagering requirements on any bonus before initiating a withdrawal before approval.
- Know Your Customer requirement: the casino needs to verify the account owner you are requesting a withdrawal from and identity.
- Previous deposit requirements: targeted at players using no deposit casino bonuses. Some online casinos require that players must have made at least one successful deposit before being allowed to withdraw any winnings.
How to pick a casino in New Zealand with the fastest payout
If you aim to choose a casino based on its payout speed, you need to check out some criteria at which you can claim your wins. Choosing an online casino can be a complicated process that involves different elements. Here is our simplified step-by-step guide for kiwis:
- Choose the type of casino you like: a fastest payout casino processes withdrawal within 48 hours, while a same day payout casino takes about 24 hours. The good news is, if you need your money quicker, an instant payout casino is your best option, whose withdrawal process takes some minutes to hours. The best kiwi casinos are categorized based on their payout time. We’ve made these available for you to find one you like quickly.
- Choose a quick processing payment option: we know that online casinos use several payment methods. So, selecting a casino that processes payouts quickly is best. Cryptocurrency and good e-wallets are the known fastest options.
- Send your KYC documentation immediately after you make your first deposit at the casino to ease the withdrawal process.
- Use the same deposit method you planned using for withdrawal at your chosen online casino. The payment option you select for deposit may be what some casinos will use to process a withdrawal. So, deviation in this may lead to unwanted delays when you want to cash out.
The benefits of fastest payout online casinos
According to Trustly research, 94% of gamblers want quick access to their winnings and the ability to process cashouts more quickly. So whether you are a habitual or frequent kiwi player, there is nothing as good as getting your winnings paid instantly into your account. This gives you a feeling of security and instant reward.
We know that slow payout casinos (due to some factors) can discourage you and not an ideal option. However, because we do not want this for our New Zealand online casino players, and want you to understand the benefits you can derive from the fastest payouts, we listed some benefits:
- Instant payment: you should be aware that not all online casinos have the top withdrawal options. Therefore, if not part of our recommendations do not go for it. Some casinos allow the player to withdraw their funds within 24 hours from when they requested a withdrawal. It is one of the main features of the fastest payout casinos, where they issued a short pending time and quickly processed your money transfer. Through this method, you will always have more funds to invest in bets or spend on other stuff. All the same time, you have control over your money.
- Timely response of customer support: for a top-rated payout casino, ignoring players’ complaints is rare. They usually have multiple customer support options like live chat, phone line or email where players can easily communicate with a customer support agent.
- Multiple payment options: this is another characteristic of the fastest payout online casino. It may include e-wallets, credit and debit cards, wire transfer, mobile payment, etc. They ensure their players find a payment option that is very easy and convenient for them.
- Risk prevention: if a casino is hacked and is processing your money for days, it is at risk of losing your funds. Not that you can’t lose money with a fast payout casino, but there is a better chance of not losing much. This is because withdrawal is instantaneous, so no wasting time.
- Great payout rates: fastest payout casinos have better payout rates. Usually, no fees are included in any transactions. The greater the wins, the higher the payout rates.
- Less stress: getting your money on the same day you win depicts that you will stress yourself less.
- Greater budget control: when you know exactly when you will receive money and the amount you get, you get to have more control over your budget. This allows you to plan and understand money spending carefully.