Although the banking method in Oceania has rapidly improved, some are still better than others. These days, certain features must be present in a banking method. For instance, the timeframe it takes to withdraw and deposit. Also, the security measures employed by the banking method are considered.
In case you are not aware, Oceania comprises 14 countries. They are; New Zealand, Solomon Islands, Tonga, Fiji, Australia, Nauru, Palau, Papua New Guinea, Samoa, Marshall Islands, Micronesia, Kiribati, Tuvalu and Vanuatu.
Not to mention, there are several e-wallet banking methods. How will you know the best? Nevertheless, the top e-wallet banking option in Oceania for shopping online or making deposits at online casinos will also be listed here.
- Bank wire transfer
This banking method is used in virtually all the countries of Oceania. Just to add New Zealand is taking a leading role as far as bank wire transfers are concerned. However, the timeframe for withdrawals via bank wire transfer on the average is between 3 to 5 days.
Although a bank wire transfer is also safe and trusted, it takes more time to complete your transaction. You may need to consider other options if the transaction is urgent.
This banking method is also safe and trusted especially at online gambling sites like casino online and sport betting. A few years ago, it was not accepted in Oceania. However, recently, all that has changed. Countries like New Zealand, Australia, and a few others allow the use of this banking method.
This list will not be complete if PayPal is not mentioned. Although PayPal is an American company, it is accepted as a payment method in Oceania. Apart from being secure and safe, it doesn’t take too long to deposit and withdraw your money. In fact, PayPal was among the first online banking solutions. Since they came on board, they have remained committed and professional.
Another reason that makes PayPal stand out among other banking methods in Oceania is their tight security measures. Here are some reasons PayPal stands out from the other banking methods;
- Very easy to create an account
- No fees are charged monthly
- Compatible with mobile devices
- You can send money for free
- Widely accepted in most countries
- Makes use of encryption technology
- You can create an invoice and send easily
However, the downside is that PayPal restricts some countries from using their services. Apart from that, PayPal is worth using for your transactions.
It may also interest you to know that PayPal also offers some discount. Customers that shop and pay for their items via PayPal receive some discount. Also, they offer special promos regularly to their loyal customers.
Lastly, PayPal is integrated with the iPhone. There is an iPhone PayPal app. So you can shop online via with your PayPal account on your iPhone. Going forward, PayPal is integrating some auction online websites. So you can bid and buy items on auction.
- Debit and credit cards
As far as banking methods are concerned, the universally accepted debit and credit cards are MasterCard, Visa card, and Paysafecard. Not to mention, these are accepted and used in Oceania. They are other debit and credit cards that are safe too. However, that will depend on the country. Overall, using debit and credit cards in Oceania is safe.
Other banking methods that are safe and trusted in Oceania are;
- Yandex Money
- AstroPay Card
In conclusion, if you pick any of the above banking methods, you are sure of a safe transaction. However, you can also use the regular banking entities in Oceania. They are also safe and secure.
Meanwhile, if you are using any of the e-wallet banking options always make sure that you are on the secure website. Scammers often clone some of these websites to deceive people.