Are POLi Payments only used in New Zealand?

Noah
NoahMarch 15, 2022
Are POLi Payments only used in New Zealand?
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According to every source, POLi payments are used in New Zealand and in Australia. POLi Payments Pty Ltd is an Australian firm that specializes in internet payments. It is the creator and provider of POLi, an online payment system utilized by Australian and New Zealand retailers and customers. POLi is a widely used banking option among online casino players in New Zealand.

POLi, like most popular payment options, processes deposits quickly. However, withdrawals of potential winnings are not accepted. POLi is simple to use and is appropriate for both new and experienced New Zealand casino players. You must have a confirmed bank account and gamble at online casinos that accept POLi payments to use POLi as a casino player.

What is POLi?

POLi is a free online payment service founded in 2006 that lets anyone with a bank account in New Zealand or Australia make payments. This service can be considered a link between your online bank account and a POLi casino. You can make payments using POLi's payment services instead of your debit or credit card. You can simply top up your casino bankroll with this payment option if you are a regular player at New Zealand online casinos.

Who Owns and Supports POLi Payment in New Zealand?

The POLi Payments system is owned by Poli Payments Pty Ltd, an Australian corporation. It is Australia Post's owned subsidiary. Since 2007, POLi has been operating and transacting in New Zealand. Merco Limited, on the other hand, was established in March 2009 and is happy to be in charge of all POLi payment system sales, marketing, and support in New Zealand.

Merco is committed to making POLi the preferred online debit payment option for New Zealand customers, and the team is dedicated to assisting all online commerce participants in increasing sales and reducing the cost and complexity of accepting online payments.

Merco's competence spans banking, transactional payments processing, technology, and eCommerce.

Why is POLi Famous Among Kiwis at Online Casinos?

Not everyone in New Zealand wants to pay with a credit or debit card online or build up debt with a Buy Now/Pay Later service. Direct online payment solutions are also popular with a third of people1, which is where POLi comes in.

Customers of POLi Payments can pay fast and easily using their online banking account. New Zealanders may sign up today and be up and running in as little as 24 hours. They have among New Zealand's lowest transaction fees! They offer free video consultations with their payment experts if you need assistance.

What does ANZ say about POLi?

Australia and New Zealand (ANZ) Banking Group Limited is the largest financial service provider in the region. Joined by other popular banking service providers in New Zealand, they are collectively warning customers against using POLi.

ANZ suggests customers not share their passwords or login data with third parties. It may violate their terms and conditions.

"Because ANZ has no control over third-party security arrangements, we cannot provide the same level of safety as we do with direct access to our systems. We urge that clients initiate payments directly through ANZ digital channels or use alternatives such as credit card or Visa Debit for online transactions."

Although third-party services such as Poli can be used with Kiwibank internet banking, Kiwibank says it does not support any non-Kiwibank payment system that requires users to share their internet banking username, password, or keep safe questions, and advises customers to change their passwords if they have used such services.

Customers must understand that Poli is not the same as a bank's payment system, according to the banking watchdog.

"Customers who use bank systems are offered a fraud guarantee by banks. If a consumer follows the terms and conditions, takes reasonable care of their banking, and is not dishonest or fraudulent, banks will reimburse fraud losses associated with their systems. However, the assurance only applies to bank-controlled systems."

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