Australian Payment Methods 2024: POLi

POLi is one of the most popular ways to make payments at Australian betting sites all around the country. It is convenient and quick, which is important when you're in a hurry to place a bet before a race or sporting event begins.

This article will examine the pros of utilising POLi to fund your betting account, the potential drawbacks, and the costs and processing delays that may be associated with using it.

POLi Betting Sites

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Puntnow
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RobWaterhouse Racing
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The Lottery Office
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About POLi

POLi is a popular payment option at Australian online bookmakers, and it is a rapid and safe way to deposit cash into your betting account, only accessible to punters in Australia and New Zealand. 

If you don't have a credit card but still want to make online purchases, this is a great option since it lets you pay directly from your bank account. 

Founded in 2006, it has built a solid reputation as a safe and speedy way to fund betting accounts at betting sites in Australia.

Why Use POLi?

Using POLi at online bookies in particular might provide you with a lot of benefits.

Let's examine the advantages:

  • Easy Access - POLi is available to all bank account holders within Australia and New Zealand.
  • Fast transactions - Deposits will appear in your betting account instantly.
  • Secure payments - POLi is a very secure betting service, as detailed by the security section further down this page.

Top POLi Betting Sites

A handful of Australia’s favourite online betting sites accept POLi as a payment method for deposits.

Here’s a short description of each of the top POLi betting sites:

Ladbrokes Australia


Ladbrokes Australia has substantial odds and a Return To Player % that can be shown to be fair. They also provide a wide variety of payment options for deposits and withdrawals, excellent customer service, and the flexibility to place bets from the comfort of one's own home or while on the go owing to a slick mobile app.

Boombet


Contrary to the modern appearance and amenities provided, this sportsbook, formerly known as sportsbetting.com.au and licenced by the Northern Territory, is one of the more experienced alternatives on the market, having been in business since 1998.

BoomBet is a fun and fair betting platform that offers fantastic odds, unique markets, and attractive promos on a reasonable and responsible betting platform that cares about its clients.

TopSport


TopSport has evolved into one of the country's strongest betting platforms since the early 2000s when they first began catering to Australian gamblers online. TopSport promises to provide its members with an unrivalled degree of individual attention as well as access to a large range of wagering products and events.

PuntNow


Including a vast selection of sporting events and sports betting markets, Puntnow is an outstanding betting platform that caters to the needs of sports fans in Australia.

POLi Security & Safety

Through its proxy service, POLi is able to provide your clientele with a simple and inexpensive payment option. By using POLi's proxy service, clients may still access their preferred banking website in the same way they always have.

With this proxy, they are able to safeguard and validate each transaction as soon as payment is made, allowing businesses to promptly offer products and services.

  • POLi does not save sensitive information like login credentials.
  • Your online banking details are encrypted and safe throughout a POLi transaction.
  • POLi uses HTTPS for all of its communications, and no private data is ever kept (or even cached).
  • 2048-bit SSL Certificates are used for all encrypted traffic.
  • POLi employs a proxy server between the user and the online banking website, providing an extra layer of protection against DNS poisoning and other online attacks.
  • To prevent any manipulation, POLi performs a number of checks on the server side of each transaction.

POLi Processing Times & Fees

Compared to other banking options, betting with POLi is more cost-effective due to the low 1% transaction charge. There are no extra charges, therefore if you deposit $50, you will pay a total of $0.50, or 1% of the deposit amount. 

Unlike most other electronic wallets, POLi requires no ongoing service fees; you just load funds as needed and withdraw them whenever you choose. POLi typically only works with Australian betting sites that are based in Australia and only take Australian dollars and New Zealand dollars. 

POLi transactions are immediate, so there is no processing or waiting time, and there is a daily maximum of $50,000.

How To Make A Deposit With POLi

It's easy and quick to make a deposit at a POLi betting site, however shouldn't sign up for POLi or have money sent to your POLi account unless you plan to utilise it for the vast majority of your online purchases. Using your bank's mobile app, you may instantly transfer money to your betting account online. 

Withdrawing funds via POLi is currently not possible.

POLi Pros & Cons

Add funds to your account instantly.

Easy to use.

Low fees.

Australian owned.

You cannot reverse your payments.

Compatibility concerns with some operating systems.

POLi Betting Site FAQs

What Is The Best Payment Method For Australian Bookies?

The best payment method for you, when it comes to making deposits and withdrawals at an online bookmaker in Australia, is the one that meets most of your needs.

Is It Safe To Make Payments With POLi In Australia?

POLi is a very safe payment method to use to fund your betting account.

How Long Do POLi Payments Take To Deposit Betting Funds?

Deposits made using POLi will appear in your betting account instantly.