When thinking about a popular payment method in New Zealand, I instantly remember POLi. This payment option is used by almost half of the Kiwi population, so I think POLi deserves a proper introduction to those who have never heard about it or still can’t decide whether they need it.
Safe, fast, and convenient payments are what we all desire nowadays. We do online shopping, book tickets, and pay bills online. So, we need a solid and reliable payment method that is always at hand’s reach. I think POLi has the potential to (maybe not beat) but be as popular as well-known Visa and Mastercard.
In this article, I am dedicated to exploring what POLi internet banking is, how it works, and what benefits it offers to users. Let’s take a squiz at what I found.
So What Is POLi?
POLi Payments Pty Ltd is an online payments company based in Melbourne, Australia; however, it is used by a great number of merchants and customers in Australia and New Zealand. The company was founded back in 2006 and, since then, has offered Au and NZ internet users fast and efficient payments without the need for a credit or debit card.
How Do POLi Payments Work?
So, in order to make a payment via POLi, you have to provide your internet banking login details, including your customer number and password. This information allows the merchant to generate the payment instantly. This may look risky for some customers; however, when you think that your payments via POLi are connected to your actual bank, you should not have any concerns.
To pay with POLi is a piss of pleasure. You should choose the payment option at checkout (whatever it is you are buying), then select your bank, login into your bank account through POLi, and follow the prompts in order to complete the transaction.
Industries Where POLi is Popular
Some of the reputable businesses that allow customers to pay for their services online through POLi are Air New Zealand, Jetstar, Emirates, Bunnings, and even government agencies like Waka Kotahi.
In the last few years, I noticed that POLi has become popular within local gambling sites. Since more and more Kiwis use POLi, the number of polipaycasinos.com and betting sites that offer deposits via this internet banking option has increased. Well, I think this is good news since payment alternatives are always welcome. However, withdrawals through POLi at NZ gambling sites are not possible.
The good thing about POLi deposits is that they are instant, meaning you can kick off right away and enjoy your pastime.
Is POLi Safe?
One of the biggest concerns I had is whether this payment method is safe. However, once you understand how it works, you should not have doubts. POLi is connected to your bank account, which means your bank authenticates and protects all transactions. Merchants and customers can have peace of mind since, according to the bank’s regulations, no information can be disclosed to third parties, including POLi.
However, the company has had some trust issues in the past. One of the biggest New Zealand banks, ASB Bank, issued a statement regarding the internet banking system, accusing it of mirroring its online banking pages to gather customer information. After that, the ASB recommended that their customers avoid using POLi. In response, POLi refuted ASB’s claims, defending their safe and secure operation.
And even if you have doubts, you can turn to the New Zealand Banking Association Code of Banking Practice, which says that the customers will be reimbursed for any losses if someone accesses your online banking, as long as you were not dishonest or careless, took reasonable steps to protect your account, and followed the terms and conditions for online banking.
Merchants are the ones who can confirm that POLi is a safe and favorable method for many Kiwi customers. Bunnings Garden Hardware Store says that POLi is one of the top used payment methods for special orders or trade purchases. Air New Zealand and Jetstar offer POLi as a fee-free payment option, which is a large advantage. Air New Zealand adds that this internet banking option is widely used by local authorities and utility companies, too.
These statements by such big and recognized companies should undoubtedly make you feel better about POLi’s being a trustworthy payment method. Jeff Skidmore, the director of POLi payments, stated that over the past 15 years, 40 million transactions have been processed and no bank has ever penalized a customer for using this method. According to customers, POLi has a 90% success rate.
I personally do not have a doubt since I see POLi pretty everywhere and know that about half of the population uses it for day-to-day online operations.
Summary
With such big names as Air New Zealand, Jetstar, Emirates, and others I have mentioned in this article, I think all concerns should fade away. What I like about POLi is that you don’t need to use your credit or debit card every time you want to purchase services or goods on the Internet. You connect POLi to your bank account and can use the money from your current or savings account anytime, anywhere.
Sophia Novakivska
Pokies & Live Games Specialist10 years experienceSophia Novakivska has 10 years of experience in online gambling. For the past decade, Kyiv-trained linguist Sophia Novakivska has analysed everything from slot algorithms to live-dealer probabilities. Her bylines appear on Better Collective, AskGamblers and Gambling.com, and she specialises in NZ bonus clauses, slot maths and live-game odds. Sophia’s credentials include GLI University’s iGaming testing & compliance course (2020) and UKGC-approved Responsible Gambling certification (2022).
About Sophia Novakivska | X (Twitter): @SNovakivska | Portfolio & ContactExpert on: slotsonline pokiescasino bonuses
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