POLi Payments Pty Ltd (previously known as Centricom) is a Melbourne-based internet payments company. It is the creator and provider of POLi, an online payment system utilized by Australian and New Zealand retailers and customers.
Even though POLi Payments emphasizes that security is a top focus, there are still concerns about exposing the user's banking information to POLi and accountability for fraudulent transactions. This is a worrying concern for online casino players from New Zealand.
Digital payments, which range from credit cards to mobile wallets and everything in between, are a simple (and increasingly popular) choice for many people. However, everyone must take extra care to protect themselves from data breaches and other security concerns associated with digital payments.
According to Forbes Technology Council, you should take the following basic security measures to keep yourself safe from financial fraud online:
CERT New Zealand is a cyber security specialist. CERT New Zealand assists enterprises, organizations, and individuals that have been (or may be) impacted by cyber security incidents.
A CERT is a company that does the following:
CERT NZ is an important part of New Zealand's Cyber Security Strategy, helping to realize the vision of a safe and confident digital New Zealand.
You must first understand your target audience before you can respond. What city do they call home? What method of payment do they prefer? What are their reactions to new digital payments?
In North America, for example, consumers use PayPal, Apple Pay, Pay, and Neteller. In Asia, popular payment methods include WePay Chat, AliPay, Paytm, Apple Pay, Google Pay, GCash, PayPal, GrabPay, PayU Wallet, Mobikiwi, and Citrus Pay. POLi payments in online casinos are well-known in Australia and New Zealand.
As a result, this is a hazardous question. Because every country is different, it's not surprising that everyone prefers to use various online payment methods.
Some of New Zealand's big banks are sceptical about the POLi system, which encourages customers to log in using their bank username and password.
Customers are even being advised to reset their passwords if they have already used them.
ANZ and Kiwibank have released many media statements advocating customers not to use POLi or other online payment systems that require them to provide their bank details. While ASB advises its clients that it does not promote the POLi system.
The banks warn that using POLi may violate their terms and conditions, creating a significant security and fraud risk.
Despite bank reservations, POLi insists that it is safe to use and claims that in the 11 years it has been in operation in the country, it has not experienced a single breach.
"Over the last few years, more than 1.3 million New Zealanders have trusted POLi to conduct online payments for them without any security difficulties," according to a spokeswoman.
The arguments presented are mainly theoretical, and they detract from the excellent work POLi does every day for New Zealand commerce and merchants.
Lily began her career in the iGaming industry more than 10 years ago as a content writer for various online casino sites, such as Unibet and William Hill. With her passion for gaming and an interest in the legal landscape in va... Read more about the author