What is Neteller?
It is a payment system introduced in Canada in 1999. Now, this payment system has become a part of the Paysafe Group which is a British global payment group. This payment system does not have any banking license, rather it focuses on the e-transfers from/to merchants. The major customers of Neteller are forex trading groups and social network businesses. The question arises is Neteller a trusted online payment system? Let’s have a closer look!
Neteller offers a prepaid card just like a credit card to its users. Using this card, people can pay online at stores that accept Neteller as a payment solution or Mastercard using Neteller prepaid card.
Is Neteller safe?
Neteller is quite safe to use and is safer than using cards of online banking options at online casinos.
It is a large company and hence its security is world-class, with a 24/7 team on the lookout for suspicious activity. It also uses cutting-edge SSL encryption, which makes it extremely difficult for any security compromise.
Besides, it also has set up two-step authentication, thus consolidating the system further.
Using Neteller will incur some fees along the way as any other financial service. You can upgrade to the Neteller VIP program, cutting down the following fees substantially.
Admin Fees – You do not have to pay any admin fees so long you keep an active account.
Card Fees – Using the Net+ card will cost you a 3.99% foreign exchange fee, a 1.75% cash withdrawal fee, and 9.32 € to replace a lost/stolen card.
Deposit Fees – Funding your Neteller account can cost you as low as 1% to as high as 8%, depending on which payment method you use.
Withdrawal Fees – Withdrawal from your Neteller account will cost as little as 1.9% capped at 18.53 € (or the equivalent in your currency) or as much as 25 €.
Currency Conversions – Using Net+ card, Neteller charges 3.99% on top of all exchange rates. This will reduce further when you reach the VIP program.
Benefits of Using Neteller
Here are the major reasons you should use Neteller at online casinos as a preferred payment method.
- High Security – Neteller offers an extra layer of security, as the casino will only ever have information on your Neteller account, and never your bank details directly it becomes highly secure.
- Lower Fees – Using Neteller you qualify for the Neteller VIP program, which will help you save the fees thus your savings can become even greater.
- Extra Bonuses – Many casinos offer extra bonuses for using Neteller as their promotion program. Although not every casino does that, there is a growing number that lists Neteller as a preferred payment method and you will get a bonus for using it.
- Faster Deposits/Withdrawals – Using e-wallets like Neteller, will get your funds much faster and can make deposits at the casino instantly. Usually, the withdrawal time at most online casinos is under 24 hours, as opposed to many days for cards and bank transfers.
- Anonymity – E-wallets like Neteller offer a legitimate way to keep your gambling a secret, at least from the bank! This can never impact your credit score for loans.
- Fast Funds Transfers to Anywhere – You can send money to other Neteller users using their e-mail addresses. This is the simplest way to send money to friends and family globally.
- Multiple Currency Options – You can open an account in many different currencies. This is a big benefit for people who transfer lots of money internationally. The FX fees also reduce as you join the VIP program.
How to use Neteller
You just have to open a free Neteller account. As the customer deposits the funds into the account, you can use it to make payments. At the checkout page, you can select Neteller as a payment method.
Neteller Pokies Sites and Apps
Neteller allows players to make fast, convenient deposits and withdrawals at all the best New Zealand pokies sites.
You will find classic three-reel pokies, exciting new five-reel pokies, progressive pokies, mega spin pokies, multipliers, and much more, having fun features and aesthetics to choose from.
Using Neteller, you can quickly move funds between online casino accounts, without going through the process of disclosing your financial details. Betting with Neteller is convenient for anyone that loves pokies.
How to Signup and use Neteller for Gambling
It takes only a minute to sign up for a free Neteller account. Simply follow these steps:
- Visit the Neteller site and click on the large “Join for free” box.
- Enter your name and email address, choose a password, read the terms and conditions, and hit “Register now”.
- In the next window, you need to enter your country of residence and select your currency.
- Enter your details and click on “Continue”, and your account will be ready.
- Add credit to your Neteller account using a debit card, credit card, bank transfer, or any other method of your choice, and verify your account.
- Go to the online casino you wish to play with. Visit the cashier tab, select “Deposit” and you will see the Neteller icon as an option. Click on the icon, select your deposit amount and your bonus code if applicable, and then click on “Deposit”.
- Enter the account ID and secure ID that Neteller sent to you in your registration email, then click on “Submit”.
- You will receive a message that your deposit was successful and you can then begin playing with your balance.
Neteller Gambling FAQs
What is a NETELLER Card?
This is a prepaid card that you receive in the post. You can use it for cash withdrawals at supported ATMs and payments in many shops.
How to create a Neteller account?
Visit neteller.com and click on the “Join for free” button. Follow the instructions, enter your details, verify your account, and deposit money to it. You are free to use it to make a casino deposit with Neteller at a wide array of leading sites.
Are there Neteller casino fees for deposits and withdrawals?
Most of the time it’s not chargeable for making Neteller deposits and withdrawals. It is a free method of funding your account balance and withdrawing your funds.
Is there any alternative to the Neteller for casino deposits?
You can use a debit or credit card to top up your accounts. You can also use the bank transfer process to guarantee a bonus, while other e-wallets include Skrill and Boku.
Why use Neteller for gambling?
Neteller is quite safe and instantly transfers and withdraw fast. You can easily add funds to your Neteller card using bank transfer, credit or debit card, Skrill, Paysafecard, Trustly or, Bitcoin.
What is the Maximum Amount I Can Deposit via Neteller?
That depends on the online betting site you have decided to play with.
Can I withdraw casino winnings to a Neteller account?
Yes, this is one of the benefits that Neteller offers over other banking methods.
What are Neteller casino withdrawal limits?
It depends on the casino you are playing at. It could range from $2,000 and might go up to $50,000.
Do casinos give a bonus with a Neteller deposit?
Many casinos do not offer a bonus when making a Neteller deposit. Still, you need to check the terms and conditions of each site to know if Neteller is an accepted banking method when claiming a welcome bonus.
Is Neteller Trusted Payment System? safe for online casino play?
Neteller is extremely safe for online casino play. When you use Neteller, your card or bank details are not disclosed. This payment system uses cutting-edge security and encryption software to keep your account and online wallet safe too.
Can I Use Neteller in Mobile Casinos?
Yes, it is equally useful in mobile casinos for deposits and withdrawals.
What is Neteller betting?
Neteller betting is all about using this eWallet to deposit your money at an online casino or sportsbook, making wagers and then using Neteller to make withdrawals.
Which are sports betting sites accept Neteller?
Many sports betting sites accept Neteller Trusted Payment System! Neteller. All the leading, established sportsbooks work with Neteller, as do ambitious, up-and-coming sports betting sites, as they know how safe, convenient, and popular it is.
Many casinos accept Neteller Trusted Payment System for their players as it is a highly secure and fast payment system. You can use it in most of the casinos and otherwise also.