Top Rated MiFinity Casinos for New Zealand Players
How We Rate Casinos That Accept MiFinity
Security and entertainment are our top priorities when reviewing online gambling sites that accept MiFinity deposits and withdrawals. That is why we make sure to thoroughly inspect all of their services and features and we pay extra attention to the ones below.
Reputation and Credibility
First and foremost, before we register a casino account, we want to make sure that online casinos that accept MiFinity as a payment method are secure. To do so, we check the security system, license, fair play enforcement and responsible gambling enforcement.
Online casinos should utilize the 128-bit Secure Socket Layer protocol, also known as SSL technology. This system encrypts the data that you send to the casino site itself. Next, the best MiFinity casinos should hold a valid license from the NZ Gambling Commission or any other international regulator.
The license indicates that the casino operator can legally accept payments and offer real money games. As for fair play and responsible gambling, the MiFinity casino should use RNGs to make sure that all NZ players have equal winning chances and implement tools such as:
- Time limits
- Budget limits
- Deposit limits
- Self-exclusion programs
Deposit and Withdrawal Speed
When you use MiFinity to deposit funds to your account, each transaction should be instant. Additionally, the MiFinity casino should not charge any fees for the transaction. The same goes for withdrawals as well.
Since e-wallets are completely optimized for online use, the processing period for each withdrawal request should be very short. When reviewing the best online casinos, we expect to see a processing time of around one business day.
While we are at it, we also look at the general limits for MiFinity payments. This includes the minimum deposit and withdrawal amount, as well as the maximum limits.
Bonuses and Promotions
Online casino bonuses will make your gaming experience much better. Logically, the operator should allow you to claim various promotions when you make a MiFinity deposit. A few of the offers that we look for include:
- First deposit bonus
- Match bonus
- Reload bonus
- VIP rewards
These offers should be available to existing players and when claiming them, we pay extra attention to the terms and conditions. They tell you what you must do in order to start playing with the bonus and then, withdraw the bonus winnings.
Some of the T&Cs include minimum deposit, wagering requirements, eligible payment methods and games, validity period, etc. The easier it is for you to meet them, the better.
Transaction Fees
Finally, we check the potential fees when sending money to the operator. MiFinity charges fees for certain transactions, but the best casino sites that accepted this option should not. So, with that logic, we only list operators that will not require extra money from you.
How MiFinity Works
The good thing about using the MiFinity wallet is that there are many MiFinity casinos in New Zealand and hence, you will have plenty of options to choose from. Before you transfer funds and claim deposit bonuses at these sites, it is nice to know how this e-wallet works.
So, let’s start with the basics. In order to use MiFinity, you need to register a MiFinity account. This wallet supports over 20 languages and 17 currencies. Its beauty lies in its security – you don’t need to provide it with any information regarding your digital bank account.
All you have to do is supply some basic information such as your email, first and last name and your phone number. Once you do so, you will be able to use Mifinity to make online payments and make quick deposits at casinos.
The best way to top your wallet is to purchase a MiFinity voucher. Apart from using them as a top-up method, you can use it to send other users gifts. These vouchers are available online. To keep you secure, MiFinity itself uses special, top of the line SSL encryption.
As for the fees of this digital wallet, they vary. Sending money between MiFinity accounts is free. Sending money to other people via the e-voucher comes with a 1% fee. As for depositing money to online casinos, it all depends on where the bank accounts of the casinos are based. Sending money to some countries are free. Finally, the fees for transferring money to cards, cryptocurrencies, eVouchers, etc., vary between 0.8% and 5%.
Safety and Security in MiFinity on Gambling Sites
So far, we talked about how your security will be boosted if you choose MiFinity as your payment method at online casinos in New Zealand. After all, you don’t need to enter any bank details. But what about the online gambling platforms themselves? Do they offer security? Is it safe for you to play casino games there?
Well, if you are registering at any of BestCasino’s listed platform, then you will enjoy maximum security. They use the latest encryption software tools, have a strict verification process to make sure that you are of legal age and enforce RNGs for their slot games and other titles.
Thanks to that fact, you can rest assured knowing that your private payment details will never fall in the wrong hands.
Advantages and Disadvantages of Using MiFinity
New players should know the MiFinity work principles before they choose it over other digital wallets or bank cards. BestCasino is there to give you both sides of the story and tell you what you should expect from MiFinity’s payment platform. Let’s have a look.
Pros
- Accepts different currencies
- Pretty low fees
- Fantastic customer support
- Fast withdrawals
- iOS and Android apps available
Cons
- Verification often takes too long
How to Get Started with MiFinity
Using MiFinity requires you to register an account. You can sign up via your mobile or desktop device. If you’re using an Android or iOS, you can download its app on Play Store or App Store. Once you do so, open it and start the sign up process.
This process is rather simple – just provide MiFinity with some information about yourself (first and last name, residing country, preferred currency, phone number, etc.). After you successfully sign up, you will have to go through verification.
Even though MiFinity has a strong customer authentication process, we mentioned earlier that this can often take some time. One of the biggest critics regarding MiFinity is the fact that they are not too efficient with processing these documents.
How to Make a Deposit with MiFinity
When you register an account at this e-wallet, you can use it at the best MiFinity casino sites. Depositing money with MiFinity is a simple process that requires you to complete the following steps:
- Choose one of BestCasino’s featured MiFinity casinos
- Access its website and register an account
- Choose MiFinity from the list of deposit methods
- Enter the amount that you wish to transfer
- Confirm the transaction
Each MiFinity deposit is instant. You should also be mindful of the fact that every MiFinity casino has its own minimum deposit limit and that the e-wallet itself may charge fees for the transaction.
Withdrawing Money with MiFinity
Before you can make fast withdrawals with MiFinity at the best online casinos in New Zealand, you will likely have to verify your account. After that, the process is pretty straightforward. Here’s what you need to do:
- Sign in to your account
- Go to the cashier section
- Select the withdrawal menu
- Choose MiFinity
- Enter the amount that you want to withdraw
- Confirm the cash out
Just as depositing money, MiFinity casino sites have minimum and maximum limits. In most cases, withdrawal requests are processed instantly and casinos will provide you with same-day payouts.
How to Fix Common Issues with MiFinity
If you experience problems with your MiFinity payments, there are two ways to fix the issues. If the problem originates from the payment method itself, then you ought to get in touch with the customer support team of MiFinity. They are available 24/7 and will provide you with adequate solutions. To get in touch with them, you can send them an email at [email protected] or fill out an online form.
If the problem originates from the casino itself, then you can read the FAQ section of the casino. If you cannot find answers there, you can reach out to the casino’s support team.
Comparison with Alternative Payment Methods
Online casinos in New Zealand don’t accept payments via the MiFinity wallet only. There are numerous alternatives at your disposal – bank cards, prepaid cards, other e-wallets, etc. Of course, some are more popular than others.
If, for some reason, you are not able to use MiFinity to deposit and play your selected games for real money, you can choose any of these alternatives. Below, BestCasino listed and compared some of the most common options that New Zealanders choose when MiFinity is unavailable.
MiFinity vs Google/Apple Pay
First up, we have Google Pay and Apple Pay. The good thing about these two e-wallets is that they are just as secure as MiFinity. Additionally, they are far more accepted across online casino sites, especially Apple Pay.
They lack in their reach, though. Google Pay is exclusive to Android users and Apple Pay is exclusive to iOS users. MiFinity, on the other hand, has Android and iOS apps. The fees are more or less the same
MiFinity vs E-Wallets
Since MiFinity is an e-wallet itself, it is only fair to compare it with other payment options of its character. Apart from Google and Apple Pay, Kiwi players like to use PayPal, Skrill, Neteller, etc. When it comes to the general features such as acceptance rate, fees, security and efficiency all of the aforementioned providers are equal.
They are safe to use and all deposits and withdrawals with them are fast. There’s one slight issue, though, and this especially concerns Skrill and Neteller. Many e-wallets, not including MiFinity, are often not eligible for claiming bonuses and promotions.
When you read the T&Cs of a certain promotion at a MiFinity casino, you can often see segments such as “Skrill and Neteller deposits do not qualify for this promotion.” That means that even if you amek the necessary transaction, you will still not receive your bonus.
MiFinity vs Debit/Credit Cards
Finally, have credit and debit cards. There’s no denying the fact that cards are superior to MiFinity in almost every sector. Almost every online casino accepts them, they are always eligible for promotions and most importantly – they have no associated fees.
So, if your goal is to have a more seamless experience, they are the better choice. But if you want to remain secure, MiFinity is by far the superior option. When using cards, you will have to provide the casino with all bank-related financial information and this can be troubling.
Additionally, credit cards sometimes lead to increased risk to developing gambling addiction. A survey by the UK Gambling Commission even confirmed this and that is why they were banned in Great Britain. With MiFinity, you will have better control over your funds and thus, you will not be exposed to the potential threat.