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POLi Australia – How to Open an Account and Deposit Guide

In this guide, we will teach you out about using POLi in Australia and using it as a way to add funds to your online casino or forex broker account.
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Author: Andrew O'Malley

Last Updated: May 15, 2020

POLi is an online payment method that first started in Australia and it allows people to pay for something online directly on the merchant website without having to use a credit card. Instead, you can use POLi to directly transfer funds from your online banking account. The money will be sent to the merchant immediately and you don’t even have to be registered for a POLi account to use it.

This guide will showcase why using POLi for funding an online casino or forex broker account is a good idea, walking you through the process from start to finish.

    Why use Poli?

    There are a number of standout benefits associated with using POLi if you are in Australia. You can compare these advantages with the other popular payment methods that are on offer from the leading forex brokers and online casinos today and see just how good POLi actually is.

    Safe and Secure

    The fundamental benefit of using POLi when making online payments is the safety and security it offers you. None of your sensitive information is ever stored when you use POLi. Therefore, there is no risk of your private data being accessed by nefarious individuals.

    You do not even have to sign up for a POLi account, so you are not dealing with any risks on that front either of having an account and password compromised.

    All you need to do is choose the POLi when you are at the checkout of a given online merchant and you will be good to go. In the process of making a transaction through POLi, nobody will be able to see your online banking details. This is thanks to the use of HTTPS security.

    Ease of use

    Another major benefit of using POLi to conduct online transactions is that it is so easy to use. As mentioned, there is no need to sign up for an account, so this already saves you a lot of time right out the gate. You also do not need a credit card, you simply need an internet bank account to complete this transaction.

    All you need to do is enter a few quick details at check out when you use POLi and your secure payment will be made. Instant confirmation of this payment will be sent to you and you can then get on with your day with great peace of mind.

    Step 1: Open a POLi Australia Account

    If you are looking to use POLi in order to conduct an online payment, you do not even need to sign up for an account. The way POLi works is that all you need to do is select this option at checkout and enter your online banking details to approve a given transaction.

    POLi allows this transaction to be safe and secure without the need to use a credit card. Not having to open a POLi account before logging in to an online casino or forex broker will save you some time compared to other popular payment methods.

    Step 2: Fund your POLi Account

    As POLi simply facilitates the online banking transfer when making an online payment, there is no need at all for you to have a POLi account or to add funds to this account. You just need to have access to an online banking account that has funds in it.

    Step 3: Select your POLi Casino or Forex Broker

    Your next step will be to identify a good online casino or forex broker for your needs. While POLi is supported by many different types of popular merchants, two of its most popular applications for these two activities.

    There are many different variables that go into selecting an online casino or forex broker. This review has chosen the best options for those people looking to use POLi to fund their accounts and to get started today.

    1. Aussie Uptown Pokies Casino - Over 125 Unique Games

    Aussie Uptown Pokies Casino as the name suggests focuses on players in Australia, unlike a lot of other online casino options on the market today. This casino is powered by one of the best software developers in the game, Realtime Gaming. There are plenty of different pokies on offer for you to play, with more than 125 unique options.

    These can be played in an equally enjoyable experience no matter if you are using a desktop or a mobile device. You also have your bases covered with the table games offering.

    There is an interesting design to Aussie Uptown Pokies Casino that you will see straight away when you visit the platform. You will quickly see all of these different cool features and aspects of this online casino for you to check out. If you have an issue that needs resolving, you can contact the customer support team on a 24/7 basis.

    You can add funds to your Aussie Uptown Pokies Casino account using POLi and you can avail of the welcome offer when signing up for a new account. This is a massive offer that can stretch over your first six deposits. For example, you can get a 250% deposit bonus of up to $2,500 and 50 free spins for pokies when you deposit at least $20 and use the POKIES1 bonus code.

    Overall, Aussie Uptown Pokies Casino ticks all the boxes you could need in an online casino.

    Our Rating

    • Solid selection of pokies
    • Great welcome offer
    • Good mobile offering
    • Customer support available 24/7
    • Site design will not be for everyone

    2. AvaTrade - Offers MetaTrader 4 and 5

    AvaTrade is a global forex broker that has been around since 2006 and has built-up a strong reputation over the years. It is regulated by financial authorities across the world and it takes the safety and security of its clients very seriously. As well as forex trading, there is also CFD trading, cryptocurrency instruments and an in-depth educational platform to help you upskill.

    There is also a selection of trading platforms, including MetaTrader 4 and 5, as well as proprietary trading software. AvaTrade has pretty competitive trading fees across the board and you can contact the customer support teams on a 24/7 basis.

    Overall, AvaTrade will tick all the boxes for most types of traders who are looking for a reputable platform that has a competitive fee structure in place.

    Our Rating

    • Wide range of financial instruments
    • Good selection of trading platforms
    • Competitive fee structure
    • Customer support is available 24/7
    • High inactivity fees

    Step 4: Fund your Casino or Forex Broker Account

    Once you have chosen the online casino or forex broker you are going to use, you will then be ready to add funds to your account using POLi.

    For Aussie Uptown Pokies Casino

    To sign up for an account with Aussie Uptown Pokies Casino you need to select the ‘Sign Up’ option. A pop-up page will then appear where you need to enter your full name and email address, select a username and password as well as your preferred currency.

    Then you need to enter your full address, date of birth, gender and phone number before accepting the site’s terms and conditions. Once you have finished this process, you will be able to sign into your new account.

    You then need to select the ‘Cashier’ menu option. You will see all the available deposit options, as well as a field to enter your respective bonus code.

    Select POLi and enter what currency you wish to deposit and how much. There is a minimum required deposit of $20 for this method and a max of $2,000. You will then get an email with instructions sent to your address.

    Open this email and you will find the payment link that allows you to complete the transaction with your online banking.

    Simply click the link and complete the rest of the transaction with your online banking details.

    For AvaTrade

    To sign up for an AvaTrade account, select the ‘Register Now’ option. Enter your full name, email address and phone number at this initial stage.

    The second stage sees you entering your home address, date of birth, passport or driver license number, setting a password, choosing a preferred trading platform and selecting a base account currency.

    The final part of signing up for an account see you complete your investor profile to agree with AvaTrade’s terms and conditions.

    You then need to select ‘Deposit Now’ to add funds to your new account. Go to the e-wallet section and you will see POLi listed as an option. Select POLi and enter the amount you wish to deposit. This needs to be at least $100 and a max of $10,000.

    You will then be able to fill in the relevant details to approve the online banking transfer.

    Step 5: How to Withdraw your Funds to POLi

    If you are looking to withdraw funds from your online casino or forex broker account, you will be able to use POLi in a lot of cases. This will act as a bank transfer of sorts, sending your funds from your account back to your online bank account.

    For Aussie Uptown Pokies Casino

    Currently, POLi is not an available withdrawal method for Aussie Uptown Pokies Casino users. This may change in the future but the only two available options currently are a wire transfer and withdrawing via Bitcoin.

    For AvaTrade

    When you are making a withdrawal from your AvaTrade account, go to the ‘Withdraw Funds’ section. You will then be able to choose POLi as an option and simply enter how much you wish to withdraw and enter the relevant banking details and you will be good to go.

    POLi Fees & Other Expenses

    As you do not have to sign up for an account with POLi in order to use it as a payment method, there is no need for you to pay an account opening fee. One of the other great perks of using this as a payment method is that you do not get charged a fee for using POLi. The goal is to allow people to make easy and efficient transfers for free. It is the merchant that will be paying a small fee for offering POLi as a payment method.

    Very few platforms offering POLi will pass on this cost to the consumer. Some banks may charge a fee for processing a transfer through POLi, so this is something for you to check with your specific bank. However, for the most part, this is not an issue.

    Conclusion

    As you can see, POLi allows you to make quick and easy payments online without having to use a credit card. With so many people no longer using credit cards, this allows them to make online bank transfers in a quick and straightforward manner.

    There are no hidden fees and the processing times are very good. All of your sensitive data is kept safe and you do not even have to open up an account with POLi to use the offering. It is a true one-stop-shop for making online payments to online casinos and forex brokers.

    Our Recommended POLi Australia Casino

    Our Rating

    • Solid selection of pokies
    • Great welcome offer
    • Good mobile offering
    • Customer support available 24/7

    Our Recommended POLi Australia Forex Broker

    Our Rating

    • Wide range of financial instruments
    • Good selection of trading platforms
    • Competitive fee structure
    • Customer support is available 24/7

    FAQs

    What markets can POLi be used in?

    At the moment, the POLi service is only available to people in Australia and New Zealand. While this may change in the future, these territories are the only ones currently offered.

    Are there any technical requirements involved with using POLi?

    Most popular web browsers and operating systems offer support for making POLi payments. This includes the likes of Google Chrome, Firefox 12, Apple Safari, Internet Explorer and Microsoft Edge. Operating systems such as Windows 7, 8 and 10 are all catered for in addition to Windows Vista and MAC OS.

    How do I know if my bank approves using Poli as a payment method?

    You will need to check with your specific bank to see if there are any potential issues with using POLi as a payment method. POLi is not a bank itself, it is an independent provider of web-based transaction services and software. It does have an Australian Securities and Investments Commission exemption to possess a financial services license.

    Can you get a refund from a POLi transfer?

    You do have the option to cancel a transfer that has been made by you through POLi. It will take between two and four working days for this refund to be fully processed. Some banks may process the funds quicker or slower. Therefore, if it is an urgent issue, you should double-check with your given bank to see how long it will take.

    Will you be charged for using POLi?

    There are never any hidden fees associated with using POLi as a payment method. It is the merchant that will be charged a fee for offering this payment method, which is how POLi makes its money. Most of the time, no cost is passed onto the customer. Some banks may have a fee for using POLi, but this is not usually the case.

    All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
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    Andrew has been writing about the gambling industry for more than five years, covering everything from sports betting to casinos and poker. With the sector constantly evolving, he loves nothing better than staying up to date with the latest movers and shakers in the space.