PayPal alternatives for funding Internet bingo

When it comes to online payment services, PayPal is up there with the most recognised and trusted methods. The name PayPal has become synonymous with safe and reliable internet banking, making it the most popular choice for individuals and businesses.

Given this high level of credibility, it’s no surprise that many online bingo players choose PayPal for their secure bingo deposits, but unfortunately this is not an option for Australian bingo players. Thankfully, there are plenty of other great payment methods available, so there’s no need for concern when it comes to funding your real money bingo account.

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Why can’t Australians use PayPal to make bingo deposits?

PayPal deposits at Australian online casinos

  • The site operator must have obtained approval from PayPal to accept payments via the PayPal service.
  • The site operator and all of their customers must be located exclusively in jurisdictions where online gambling is allowed under local laws.
  • It’s this second point regarding jurisdictions carrying the most weight as ultimately the reason why PayPal is off the table as a payment option for Aussie housie players. Bingo operators know the restrictions in place surrounding Australian run gambling sites makes it difficult to receive PayPal accreditation for their site, so it’s easier for them to cross it off entirely.

    Due to the fact there’s so many fantastic alternatives, not offering PayPal is not a hindrance for bingo operators as there’s several deposit methods that are just as reliable as PayPal.

    POLi

    For those who have a strong preference for PayPal, POLi offers the closest alternative. POLi is an online payment service that operates very similarly to PayPal, with the advantage that it is available for Australians only.

    POLi carries many benefits, including that it’s free to use and you can use it without having to register an account, saving the need to remember additional passwords and login details. Due to the fact that it’s run by Australians for Australians, all transactions are processed in AUD, eliminating the need for currency conversions or exchange rate calculations.

    Deposits processed through POLi are done directly through your online banking, so users are familiar with the interface, making payments simple and trouble free. This method also carries the added benefit that you don’t need to register your banking details with the bingo site, which is a plus if you’re apprehensive about storing your financial information online.

    Either way, there is nothing to worry about when it comes to your safety as our recommended bingo sites each use a minimum of 128 Bit SSL security encryption to protect player details at all times.

    To make payments via POLi, either log in or register for a real money account at a leading bingo site like Lucky Pants, Kitty Bingo or Aussie Dollar Bingo. Head to the cashier or banking section and select POLi as your payment method. You’ll then be taken to the login screen of your usual internet banking site, like Commbank or NAB, where all you need to do is log in, enter the amount of AUD you wish to transfer and click submit. The funds will then be withdrawn from your bank account just like if you were paying a bill online.

    Given its security, reliability and ease of use, POLi is becoming increasingly available at online casinos and bingo sites, making it a fantastic payment option for Aussie punters. POLi is available at desktop and mobile housie venues, with deposits available instantly so you don’t have to wait to start purchasing bingo cards.

    Other deposit options for online bingo

    Unless there are any changes to the jurisdiction laws imposed by the IGA, it’s unlikely that PayPal will become a deposit option for Australians at bingo sites any time soon. While POLi offers the ideal Australian alternative to PayPal, there are several other great deposit options to choose from. Some may be more familiar than others, but all are secure, efficient and highly recommended, so it all comes down to personal preference. Popular deposit options at housie sites include:

    • Credit and Debit cardsMasterCard and VISA are both popular methods at all online bingo venues, providing instant access to funds and supported by rigorous security teams. Keep in mind that any limitations on your line of credit or daily transaction limit imposed by the financial institution will apply.
    • Web Wallets– e-wallet services like Skrill and Neteller are a great way to load up your bingo account while keeping your banking details completely safe. These online payment services cater specifically to the virtual gambling industry and allow players to make payments to multiple sites from the one account without having to share their banking details multiple times.
    • Prepaid cards – cards like Paysafecard and Entropay are a great choice for those who are wary about handing out their banking details online. Customers load the card with their own funds offline and are then given a unique code which is entered online when making purchases.
    • Bank transfers – direct wire transfers can be made to fund bingo accounts, but sometimes waits apply to when the funds become available. If you want to use a wire transfer from your bank, consider POLi instead, which effectively works in the same way but with funds always available instantly.

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