Deposit Method: Neteller
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Launched in 1999 by Paysafe, Neteller has been around from the very onset of online gambling, evolving together with internet casinos and e-commerce. This alone was enough to make Neteller into an optimal payment method for both business owners and individuals who are after safe and fast payment solutions – after all, who would better understand the market and the needs of the modern e-commerce users than the company that grew side by side with online gambling industry and witnessed how the technological advancements tailored demands of online gamblers and other consumers.
What is Neteller and how does it work?Neteller is a form of e-wallet that enables the user to store the funds in a safe environment and use it for their personal and business transactions. Money can be send even to those who do not have a Neteller account and as soon as the transaction is processed, the recipient will be notified that funds are awaiting. Registering an account with Neteller is free and takes less than one minute. After filling out a simple online form and selecting currency that you would like to use, you will be ready to deposit the funds to any online casino that accepts Neteller as a payment method – which is pretty much any casino that you can find in the cyber universe. In any event, it is easier to find a casino that does accept Neteller than the casino where this method is not on the list of available payment tools. The list of covered locations is extensive and Neteller has millions of users in more than 200 countries worldwide. One of the major advantages of Neteller is that you can also use it for processing payments in Bitcoins, which pretty much means that this will be the only payment mediator you will ever need. For more convenient Neteller experience, verified users can apply for one of two prepaid Neteller MasterCards or download a mobile app and use the service on the go.
Neteller and online gamblingWhat makes Neteller a number one choice for your online gambling activities is the fact that this is one method that you can always fall back on. Your Neteller account can be funded by a plethora of other accounts you are simultaneously using – Giropay, Euteller, Paysafecard, credit and debit cards... Once the funds are available in your Neteller account, you can simply select it through the cashier when submitting your first deposit and pull the desired amount from your digital wallet; for online casino deposit, players will be prompted to select gambling as “deposit purpose”.
Fees and processing timeThe fees will depend entirely on the method used to fund your Neteller wallet and the percentage fee is displayed next to each of the available methods, under fees tab on Neteller official site. VIP members who use Neteller on regular basis will have significantly lower fees, while money transfers to selected online casinos are completely free. The time necessary to process your deposit is instant and the money will be available on your casino account immediately after transferring the funds. If you decide to withdraw your winnings to the same wallet, it takes up to 72 hours for the money to be settled and you can then choose to move the funds to your bank or card account.
How do I withdraw funds from my Neteller accountChecking your balance and transferring the funds from your Neteller account is a matter of seconds and can be done from any platform – after accessing your account, just select Money Out option and proceed to the relevant action, be it withdrawal to you bank or mobile wallet.
Support and securityFAQ section has all the info you could possibly need to figure out the basis of using Neteller, but for additional information, you can always reach out to their phone and email support for registered members. Phone lines are opened 24/7 and the number will depend on to your location. It is important to note that Neteller is FCA authorised company and all Neteller transactions are handled inside a highly secure environment. In case of any safety issues or if you feel that your account has been misused, just contact their support team and they will immediately start their investigation and suspend your account (if necessary) until the problem is resolved.
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