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POLi Payment Online Casino Payment Option Australia
POLi is an online payment method from POLi Payments Pty Ltd, which has its headquarters in Melbourne. It is used by merchants and consumers in Australia for online payment transactions. All our recommended Australian online casinos offer POLi as a payment method. It eliminates the need for using credit cards or electronic wallets.
POLi Payment Method
POLi facilitates the financial transaction between your bank and your online casino. Therefore both need to accept POLi as a payment option. account. If your bank does not transact with POLi then you will not be able to use this payment option at online casinos. This is the first thing you need to check out if you want to opt for POLi.
There are several advantages of using POLi. There are some Australian players who do not want to use credit cards online. Also they do not want to open electronic wallet accounts. They can use POLi to transfer funds from their bank accounts to online casinos. This transaction involving the bank, POLi and the online casino is totally secure. It uses the same latest security SSL protocols that are used in commercial banks. The security systems of POLi have been certified by VeriSign. In this payment method your bank account details remain only with POLi and do not enter the servers of the online casinos that you wager at. If you use credit cards then each online casino will separately store your credit card details. Therefore POLi further reduces the risk. Another advantage of using POLi is that you cannot wager with funds taken on credit. You need the funds to be in your bank account before you can transfer them.
Deposit Using POLi
In order to make a deposit at your online casino using POLi, you should first log in using your unique user name and password. You should then access the cashier and select the deposit option. From the payment methods displayed you should click on the POLi icon. You will be then taken to the POLi server, where you will have to enter your bank name (or select from a list), enter your bank account details and fill in the amount to be transferred. Verify the particulars and activate the transaction. The funds will be instantly transferred to you online casino account. Each Australian online casino has its minimum and maximum deposit limits. This will usually be given in the banking page of the online casino web site.
Withdrawal Using POLi
Not all Australian online casinos allow withdrawals through POLi. Therefore you should verify this from your online casino before selecting POLi as the payment option. If you select POLi as the payment option at an online casino where withdrawals through POLi are not allowed the remittances will be sent by checks.
The procedure for making withdrawals is similar to that of making deposits. Only the direction of funds transfer is from the online casino to the bank. Again the process is secure and instantaneous. Menu driven instructions need to be followed. The minimum and maximum withdrawal limits can be found at the banking page of your online casino.