Online payments have become a norm, especially in New Zealand online gambling. With the many payment processors available, finding the right one for you can sometimes be challenging. Still, the choice becomes easier with the right information.
Prezzy Card as a casino payment option has hit the gambling world, promising to provide fast and convenient payments for all of its users, but is it a good option? We appreciate John Gold from BetPokies for providing the information we needed to write this article.
What’s a Prezzy Card?
Prezzy Card is a prepaid Visa and Mastercard payment option launched in 2006 by ePay. Prezzy Card eliminates all the problems associated with traditional credit cards while allowing users to make purchases in regular or online stores that accept Visa or Mastercard.
How to Get and Activate a Prezzy Card
Depending on your preferred option, New Zealanders can order a Prezzy Visa or Mastercard and receive it through email or courier. After that, you must unlock and register the card before using it for deposits.
If you received it through email, you can unlock it through an activation link through the same email or visit the official site if you received the card through courier delivery. If someone got it for you as a gift, they must provide a 4-digit activation code which you can use to register and activate the card. Once you get to the site, navigate to unlock the card and fill in the required details.
How a Prezzy Card Functions and Its Limits
A couple of limitations are associated with the card regarding where and how you can make payments. The card will not work in ATMs or manual card imprinters. You also cannot use it in automated fuel dispensers or pay for taxis.
You can however use the card to make deposits at online casinos, but you can only withdraw your cash by using a different payment provider. It also does not support direct debits, payment installments, and recurring payments.
Comparison Between Prezzy Visa and Mastercard
There are not any considerable differences between the two cards. You can use any of the two globally if they are accepted. It is worth noting that Oxygen Global issues the Prezzy Card Visa, but it is not the owner and does not control the card’s daily operations. When using the two cards, you can check your balance and transaction history in two ways:
- Visit the official site, and once you get on the landing page, navigate to balance on the menu bar.
- You can contact the general number: 0800 450 509. Mastercard: (09) 9424919 and Visa: (04) 803 1640. This method of checking your balance will cost you NZ 50 cents or an extra NZ$1.50 if you speak to customer care.
Retail Fees for Prezzy Cards
Prezzy card has five types of fees you need to be aware of:
- Card payment fees. When you purchase a Prezzy card through their website, a standard amount of NZ$5.95 applies, and an extra NZ$5.75 for handling and postage when you order through the mail. Rural deliveries cost extra, and a convenience fee of 2.6% of your total order applies to all card purchases.
- Customer service. NZ 50 cents for phone service and an extra NZ$1.50 to speak with a customer service representative.
- Disputed transaction. Disputes submitted in 60 days and deemed valid have no charges, but if invalid, a charge of NZ$15 applies.
- Card replacement. Replacing a lost card costs a standard NZ$10 plus a courier delivery charge of NZ$7.50. Overseas deliveries cost NZ$50.
- Standard transactions. Foreign currency transactions made through the Prezzy card receive a 3.5% charge depending on the value of the converted New Zealand dollars.
Prezzy Card Pros and Cons
Every person has their preferences, and sometimes what works for you may not work for another person. However, looking at the pros and cons may give you better information about what to expect if you sign up for a Prezzy Card.
Pros
- Conceals sensitive information.
- Available outside of New Zealand.
- Minimum deposit of NZ$25.
- Safe and secure payments.
Cons
- Does not support withdrawals.
- A maximum amount of NZ$1000 applies per card.
- Cards expire after two years, and all money not used is forfeited.
- Chargers for balance checks through voice calls.
Conclusion
If you are looking for a payment option worth considering at New Zealand online casinos, then Prezzy Card may suit your needs. You should note that you can only use it to make deposits. Also, when the card expires, you lose all your money.
Gambling can be very addictive. If you are experiencing gambling addiction, please contact the gambling helpline at 0800 654 655.
