American Express Vs Other Payment Methods

American Express, or Amex as it's commonly known, is a widely used credit card provider that many online casinos in New Zealand accept. Kiwi players can use their Amex card to make quick deposits, giving them instant access to real money casino games and the chance to win big. What's more, American Express sometimes supports casino withdrawals too.

However, it's wise to be aware that American Express casinos have their upsides and downsides. Before you go ahead and make a deposit, it's a good idea to get the lowdown on these points and how Amex payments stack up against other banking options available to New Zealand players. That's exactly what this guide is here for!

What Exactly is an American Express Casino?

An American Express casino is simply an online gambling site that lets you use your Amex card for both deposits and, sometimes, withdrawals. You can usually find online casinos accepting American Express by checking out the "payments" or "banking" section on their website before you sign up. It's also super important to be sure the Amex casino is properly licensed and uses encryption to keep your card details and personal info safe. Plus, some of the top online casinos even offer exclusive American Express rewards for their players.

Right then, making an Amex casino deposit is usually a breeze. Just follow these simple steps:

• Find a licensed and reputable online casino in New Zealand that accepts Amex.
• Register for an account, providing all the necessary details.
• Head to the cashier or banking section and select 'American Express' under the 'Deposits' tab.
• Enter the amount you want to deposit and any relevant Amex bonus code, if applicable.
• Input your card details, including your name, expiry date, and the CVV number.
• Once your card is linked to your casino account, confirm the transaction.

Pros and Cons of Using Amex at New Zealand Casinos

Before we compare Amex to other payment methods for online casinos, it's crucial to weigh the pros and cons of using this credit card. For starters, American Express is a well-established and regulated payment provider, meaning your financial details are generally secure with them, and they tend to partner with licensed and trustworthy online casinos. Plus, new players often snag top online casino bonuses after making their first American Express deposit.

On the flip side, finding online casinos that accept American Express can sometimes be trickier in New Zealand compared to more common payment methods. Additionally, this payment method might not be available for casino transactions in certain areas or if specific gambling regulations apply. So, stick around to see how this payment card stacks up against other safe casino payment methods available to Kiwis.

Amex vs. Other Payment Cards for NZ Players

If you don't have an American Express card or prefer other options, you'll be pleased to know that most New Zealand gambling sites offer plenty of secure card alternatives. These commonly include:

• Visa
• Mastercard
• Maestro
• Visa Electron
• Discover

Visa and Mastercard casino payments are commonplace nowadays, even more widespread than Amex. Some casinos also support payments through Visa Electron, Maestro, and Discover, although these options may not support withdrawals.

American Express Vs E-Wallets

Some gamblers are often skeptical about sharing their credit card details with the casino. Also, banks in some countries where gambling is illegal may not process credit/debit card payments. Thankfully, most e-wallets allow you to make casino payments regardless of your jurisdiction. Just link your e-wallet email to the casino and process deposits and withdrawals securely.

Popular e-wallets for gambling include:

• PayPal
• EcoPayz
• Skrill
• Neteller
• Payr
• Neosurf
• Sofort
• MuchBetter

Because banks are not involved in e-wallet transactions, unlike Amex payments, you will instantly receive your withdrawals. The best gambling sites support same-day withdrawals via e-wallets, although the standard duration is 24 hours. Compared to the 3-5 business days on debit/credit cards, that's excitingly fast.

American Express Vs Online Banking

Online banking allows players to access their bank accounts online and make casino payments without sharing any details. Open the casino's checkout page, choose an online banking method, and sign in your online banking account to complete the casino transaction. Deposits are often instant, with payouts taking up to 48 hours.

Here are some commonly offered online banking casino payments:

• Trustly
• Interac
• Instadebit
• iDebit

American Express Vs Payment Apps

Apple Pay, Google Pay, and Samsung Pay are widespread in online gambling. With these payment apps, you only need to link your bank card and instantly make online transactions. As expected, you will use your phone's biometric authentication to confirm payments, making them arguably the most secure payment methods. But unlike Amex, which supports 2-way payments, players can only deposit via Apple Pay or Google Pay.

American Express Vs Cryptocurrencies

Cryptocurrency payments offer safe alternatives to American Express and all the payment methods listed above. These digital coins provide users with a decentralized form of payment, meaning banks and authorities cannot control their online gambling payments. This makes crypto payments safe, anonymous, and instant. In most cases, casino payouts would take less than 24 hours.

Common cryptocurrencies for online gaming include:

• Bitcoin Cash
• Bitcoin
• Dogecoin
• Litecoin
• Ethereum
• Tether
• Binance Coin
• Ripple
• USD Coin

But before using cryptocurrencies for casino payments, following the coins' trading lines is vital. Some digital currencies have fluctuating values that can lead to losses if the value drops. So, buying digital coins in small bits or using stablecoins like Tether and USD Coin is advisable.

Conclusion

Playing at an Amex casino is highly recommended if the casino is encrypted and licensed. It's a safe payment card that often qualifies for the best online casino bonuses. But because Amex casinos can be challenging to find, use the few alternatives in this article. Always use a payment method that ticks vital boxes like security, convenience, fees, and bonuses.