Does POLi use direct bank transfer technology
1. The essence of POLi's work
POLi has always been positioned as a payment solution for instant deposits in online casinos and other services. Unlike cards and e-wallets, POLi worked via internet banking, connecting the player directly to the bank.
In fact, this is a direct bank transfer:
- funds are debited directly from the player's account;
- the transaction takes place on the banking network without the participation of a credit card;
- money goes to the casino instantly thanks to automatic verification.
2. Difference between POLi and classic bank transfer
Regular translation: takes 1-3 working days, requires filling out details manually.
POLi: uses the API of Internet banking, authorization goes through a secure entrance to the online bank, money goes to the casino account immediately.
Thus, POLi can be called an improved direct bank transfer tool adapted for online payments.
3. Advantages for slot players
Speed. Instant credit, without delays typical of bank transactions.
Security. Card data is not used; access to the account is confirmed in the bank's secure system.
Convenience. You do not need to enter long details, just select a bank and confirm the transfer.
Transparency. The player sees the payment as a regular bank transfer in the statement.
4. Why casinos adopted POLi
For slot operators, POLi has become the best solution:
- Fewer transaction failures than cards
- easy integration with the banking system;
- player confidence, as transactions go directly through the bank.
5. POLi limitations
The service always worked only for deposits, withdrawing funds required other methods.
Not all banks in Australia and New Zealand supported the tool.
In Australia, POLi was closed on September 30, 2023, but continues to operate in New Zealand.
6. Result
Yes, POLi used direct bank transfer technology, but made it convenient for online payments. It's not a classic long bank transfer but an adapted instant transaction tool, making it popular with online slot players in Australia and New Zealand.
