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Sunday, May 22, 2022

What Payment Methods Are Best For Aussies?



If you are an Aussie and you like to gamble online, then you should know that there are many different options available. That being said, the gambling act has made things slightly more difficult in this day and age. Now you need to make sure that the casino that you gamble with are going to be able to allow your withdrawal because if you don’t, then you may find that you end up in hot water at a later date. There are many big banks that are now stopping those who live in Australia from withdrawing their winnings,  even if they use wallets such as Skrill or Neteller.

Bank Australia is Not Allowing Credit Cards to be Used

In the last few years, Bank Australia, which is a consumer-owned bank has stated that they are not going to allow any account holders to use their credit cards to fund their gambling experience. The new measure came into effect in December and the bank has stated that they will block any attempted transfers when it comes to gambling online. Customers will be able to fund their gambling account by using their debit card though, even if it is with the Bank Australia. They have made this move because research has shown that most customers believe that credit cards should not be used for gambling. As the bank are consumer-owned, they have made the move to try and reflect the people who they provide a service to. Bank Australia have also said that they have talked about this new measure with the ABA, or the Australian Banking Association. They have several other members of the organisation as well and they are all thinking about taking steps in limiting gambling for credit cards. Under the responsible policy, they have stated that they don’t want to lend money to the gambling industry, and this includes casinos. They have also spoken to people, and they want to make sure that they don’t lend money to anything that derives winnings from poker machines or even betting. At the end of the day, they believe that not authorising gambling on things such as credit cards is an extension of their own lending policy. In December, they happened to invite stakeholders so that they could get some feedback on any potential restrictions. This is especially related to the use of credit cards or anything else similar when it comes to online gambling. If you want to find out more about the best payment methods for casinos, then you can find out more about that below.

The Consultation

The consultation looked at how banks can actually help to protect players. It ran until the 4th of March. Before this came to an end, it would seem that the National Australia Bank were the first one in the country to give customers the chance to block any gambling transactions. This is done through the mobile application. Banking customers who have a NAB Visa Debit card can actually choose to restrict a lot of gambling payments. This happens to include online gambling, betting or even sports.

Why Are Australia Banning Gambling?

It should be noted that Australia are banning gambling because they want to make sure that they are protecting the people they serve. They are trying to make sure that they take into account public opinion, and this ultimately comes down to the fact that most Australians do want gambling to be banned on their credit card. This is translating across to debit cards in some instances, but so far it looks like there are still some options if you live in Australia and do want to gamble.

The Experts at 5Star Pokies have a Solution

The experts over at 5StarPokes have a solution that will help you to gamble on poker games or even slot machines if you live in Australia. They work with some of the finest gambling experts around to make sure that any red tape is navigated properly. This means that if you live in the country and want to place a bet, you can do so with ease, without having to worry about your winnings being blocked when they make their way into your account. 5StarPokies can help you to get the fastest method possible when it comes to transferring your winnings and you won’t have to worry about the banks blocking you either.

Of course, there are a lot of things that you have to think about when it comes to gambling online but if you follow this guide, then you will soon find that it is easier than ever for you to have the best experience. You may find that you are able to gamble without having to worry about getting your winnings blocked too. All in all, as long as you use the right payment method and as long as you are gambling with a reputable casino, you shouldn’t have to worry about your winnings not being transferred to your bank.

Source: Pexels (CC0 License)

Mick Pachollihttps://www.tagg.com.au
Mick created TAGG - The Alternative Gig Guide in 1979 with Helmut Katterl, the world's first real Street Magazine. He had been involved with his fathers publishing business, Toorak Times and associated publications since 1972.  Mick was also involved in Melbourne's music scene for a number of years opening venues, discovering and managing bands and providing information and support for the industry. Mick has also created a number of local festivals and is involved in not for profit and supporting local charities.