Several Wallets with One Account
Using MiFinity to deposit and withdraw comes with several added layers of security. Yes, you’ll enjoy 2FA, which is a major benefit, but the MiFinity e-wallet has one unique extra feature. The payment provider allows you to open up and use up to nine e-wallets with just one account.
This feature is available for several types of payment uses and gaming is one of them. Thanks to that, you’ll have far more flexibility as you can categorise your funds and set the ones that are exclusive to gambling at NZ casinos.
Numerous Accepted Currencies
As a flexible e-wallet, MiFinity accepts 17 currencies. This is a major advantage because not all MiFinity online casinos accept NZD. There might come a time when you’ll have to convert currencies.
MiFinity has you covered. Its conversions are super-fast and the standard fee for this action is fairly low at 2.99% per transaction.
Integration with Over 75 Other Payment Methods
The beauty of using MiFinity is that you can connect it with around 75 other payment methods. Thanks to that, you can top up your MiFinity balance with ease. What’s even more interesting is that if you’re sending money to other MiFinity accounts, you can do so via unique options:
- Send via SMS
- Send via email
- Send via bank
- Send via e-wallet
How to Create a MiFinity Account
Before you start playing at MiFinity casinos, you need to set up your MiFinity account. Signing up at MiFinity is rather easy. You won’t experience any major difficulties. Keep in mind that to use MiFinity in New Zealand, you need to be at least 18 years old. Here’s what you need to do:
- Visit MiFinity & Register an Account – Access MiFinity’s website and click on the registration button. Enter your mobile number and email and create a unique password. Agree to the terms and conditions of the payment provider.
- Provide Personal Details – MiFinity will ask you to provide some personal details. This includes your full name, date of birth, nationality, address, city, postal code, and country.
- Opt-in or Out of Promotional Material – Before you finalise the process, MiFinity will ask you to select a method through which you can receive the latest updates. If you don’t want to receive any notification, just click on “Proceed”.
- Create Gaming E-wallet – After you fill out all the details, wait for the provider to create your account. After that, click on the “Create eWallet” button and select the gaming category. Enter your name and currency and complete the process.
KYC and MiFinity
As one of the world’s most respected payment methods, MiFinity has legal obligations in terms of KYC policies. In other words, the payment provider is required to verify your identity. Keep in mind that this verification is separate from KYC required at top MiFinity casinos in NZ.
Casino sites must also verify the identities of their players. This isn’t exclusive to MiFinity casino sites. It applies to other platforms, such as AstroPay online casinos and the majority of casinos in regulated territories. We’ve highlighted some of the documents you’ll need to provide as part of the KYC process:
- Photo of Your ID – The MiFinity casino will need to see proof that the registered casino account information matches your identification document as provided by the government.
- Utility Bill – Your utility bill will be requested to confirm that you are residing in the jurisdiction you specified during the casino account creation process. Simply upload a recent copy of one of your utility bills where your full name and address are clearly displayed.
- Bank Statement – The casino may also request a bank statement of the card you used to fund your MiFinity account with. Make sure that the statement you provide is no older than three months and that the transactions between your bank and MiFinity accounts are visible.
Conclusion
MiFinity is one of the most efficient payment methods for online casino gaming in New Zealand. That’s the reason why Kiwis like to use it at online casinos. Registering a MiFinity account will take just a minute of your time. After you connect it to your casino account, you can easily deposit and withdraw.
If you’re looking for the best MiFinity casinos, you can browse our list at any time. All you have to do is consider your personal preferences and make an educated decision.
Alternatives
Although MiFinity is a commonly used payment method in New Zealand, casino sites will provide you with several alternatives. These are some options that are similar to MiFinity and have unique features:
Skrill | Paysafecard | Credit cards |
+ Higher acceptance rate | + Secure deposits via 16-digit PINs | + Eligible for casino promotions |
+ Same-day payouts | + No personal data is required | + Instant deposits without fees |
+ Integrated with crypto | + Fees aren’t charged | + Accepted at a majority of NZ online casinos |
+ NZD is accepted | + Easy to use | + Increased bank security |
– Higher and more frequent fees | – Low transaction limits | – Less privacy |
– Often ineligible for bonuses | – Not available for withdrawals | – Slower withdrawals |