Is Neteller a Trusted Online Payment System?

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 primary 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 a Neteller prepaid card.

Is Neteller safe?

Neteller is quite safe to use and is safer than using cards or 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.

Neteller Fees

Using Neteller will incur some fees along the way as with 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 a 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, unlike 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 who 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.

Synopsis

Neteller, established in 1999 in Canada and now part of the UK’s Paysafe Group, is a payment system specializing in e-transfers to and from merchants without holding a banking license.

Users receive a prepaid card similar to a credit card for online payments. Neteller is known for its security, featuring 24/7 monitoring, SSL encryption, and two-step authentication.

While it incurs fees, joining the Neteller VIP program reduces these costs. Benefits encompass enhanced security, lower fees, extra casino bonuses, swift transactions, and support for multiple currencies.

Signing up for Neteller is quick, allowing seamless deposits and withdrawals at various New Zealand Pokies sites, making it a preferred choice for online gambling.

Neteller Gambling FAQs