POLi is a real-time online payment service owned by SecurePay, a subsidiary of Australia Post. It is operated by SecurePay and links with major banks around Australia. Hence, you can make payments straight from your online banking account if you like.
The money will be credited to the payee’s account promptly after you complete the following steps:
- Connect to your online banking environment
- Examine the payment details
- and authorize payment by logging into your online banking environment.
Consumer purchases are paid for using the automated payment method. This utilizes cleared money from a debit account. And it does this without gaining access to any sensitive personal information. The POLi system generates real-time receipts for both you and the recipient once a transaction is completed successfully.
Interesting right? I personally enjoy using POLi. I think it’s a great initiative to save yourself the bureaucracy of signing up. What better method to use at a bookmaker to make deposits and withdrawals than POLi?
Asides from the ease of use, POLi is also readily available. It is a valid payment method at almost all betting sites in Australia. It is available at some of the top bookmakers like:
- PlayUp
- Boombet
- WinnersBet
- Bet365
- Draftstars
- Picklebet
- TopSport
- Palmerbet
- Unibet
Mobile gambler? You’re equally covered. POLi is available as a payment method on mobile betting apps you use in Australia. All you need to do is get the compatible app for your device. Most great betting sites that offer POLi as a payment method also provide IOS and android apps just for you.
POLi Advantages and Disadvantages
When making a choice amongst the numerous betting sites payment methods, you may want to consider the pros and cons. I’ve always made the choice to make use of payment methods that have more advantages than disadvantages. You should too!
For POLi, my findings reveal that it’s a great choice. Instead of just telling you that, let’s check out these advantages and disadvantages.
POLi Advantages
How does using POLi as a payment method on your favourite bookmaker website benefit you? Why should you pick POLi ahead of other methods? These are questions the advantages of POLi provides answers to. They include:
Speed
Depositing cash at POLi betting sites is a simple and fast process. Adding money to your betting account is as quick as adding cash to the majority of other payment options.
Following the confirmation of payments, funds will be instantly accessible for wagering. This is particularly crucial when it comes to live betting markets, where the odds are continuously changing.
Usability
Learning to use POLi is a simple process that takes just a few minutes. Moving between pages is made easy because of the intuitive design and speedy performance.
Meanwhile, payments are handled quickly and efficiently, with just the bare minimum of information necessary. This has no effect on the security of users and their personal information.
Fees are kept to a bare minimum
While individuals on tighter budgets may disagree, the 1 per cent transaction fee charged by POLi is unlikely to deter many people from using the service.
In addition, there are no ongoing maintenance bills to be concerned about. You will not be charged for not using your POLi account for a prolonged period of time, as is the case with other e-wallet services.
Mobile
POLi has developed a smartphone application specifically for this purpose. The software, which is available for both iOS and Android smartphones makes it simpler than ever to process payments while on the move.
In addition, the POLi website is completely usable on mobile devices such as smartphones and tablets.
Anonymity
Do you love to stay anonymous when betting? POLi does that for you. As I mentioned earlier, you do not need to share any personal information or banking details with anyone.
If you really value staying anonymous on different bookmakers, POLi should be your top choice amongst available payment methods available at various betting websites.
No Extra Charges
Tired of paying extra charges when making transactions on your favourite betting websites? POLi is just the right payment method for this. Deposits made using POLi have no extras attached.
POLi Disadvantages
The disadvantages of POLi are insignificant when weighed against the many advantages it offers. What are the downsides of using POLi as a payment method on betting sites? Find out below:
No Credit Card payment
The only option to make a deposit with POLi is to transfer money straight from your bank account. Credit card payments are not accepted by the payment provider as a consequence of this decision.
This is a sad component of the POLi betting sites, even if it does not affect all users.
Reputation
The reputation of POLi is not as excellent as that of other service providers. Despite the fact that we have discovered no basis for the complaint we have received, some have questioned whether POLi payments are entirely secure.
Despite the fact that my own investigation has revealed that POLi is safe and secure, many people continue to have doubts about its legitimacy. Read on to learn about POLi’s safety and security in subsequent sections.
Withdrawals
Using POLi to make deposits at your favourite betting site is possible but withdrawing funds is not the same experience. This is a drawback if you like to use the same payment method for both deposits and withdrawals like most people.
On the plus side, there are a variety of other options available for you to choose from.
Payments are Irreversible
If you want to utilize POLi as a deposit method, keep in mind that after payments have been validated, they cannot be cancelled since the payment solution is based on the online banking concept.
As a result, you must exercise more caution while making deposits. Make sure you dot all of the i’s and cross all of the t’s.
It is necessary to have a bank account that POLi supports
You must have an online banking account with one of the 25 banks in Australia and New Zealand that are affiliated with the payment processor in order to use this service. Despite the fact that POLi is presently being improved, you will be unable to use it if your bank account is not one of those listed as being connected with the payment method.
All transactions will be subject to a 1% fee.
Despite the fact that POLi is not accessible for withdrawals on the most popular betting sites, you will still be charged a 1 per cent fee on all deposit transactions. This may not sit well with you and may turn out to be a deal-breaker for you.