Neteller Online Casino Deposit Method
Neteller is one of the world’s largest independent electronic portfolios, available in over 200 countries and supporting 26 currencies and 15 languages. Its financial services are widely used for online money transfers to and from companies in a wide range of industries, including social networking, currency trading and online gaming.
Shortly after its launch in 1999, Neteller processed transactions for nearly all web-based gaming providers. Today, it remains one of the largest and most trusted names in the industry. It is available at all online casinos and is one of the most popular deposit methods.
Neteller is a British e-money company and is licensed by the Financial Conduct Authority of the United Kingdom. Its high standards ensure high levels of security for users, including special measures against fraud and identity theft.
Neteller is accepted by most online casinos as a payment option for both deposits and withdrawals. However, players should be warned that as they are based outside the US, they do not currently accept US-based casino players.
How Neteller works
Neteller is an e-money service that works very similar to PayPal and is available at almost all online casinos. It allows players to store and make money transactions from their online balance. In fact, it works very similar to a bank account, although there are some differences. This method is very popular among online casino players because it allows instant transfers and easy funding of gaming accounts.
Because all transactions are made within Neteller, all payments are processed within seconds, allowing very fast deposits and withdrawals. This makes gaming transactions the fastest in the iGambling industry and is one of the main reasons why Neteller and other similar services are so popular with the online gaming community.
Signing up for a Neteller account is free. To open an account, players must visit the operator’s official website and register. Then, they will need to fund it through their preferred payment method, such as credit cards, bank transfers, bank deposits, etc.
Neteller account registration
Opening a Neteller account is easy and takes no more than a few minutes. To register and create their own e-wallet, players must provide their personal information in the registration form. This includes their names, addresses and dates of birth, as well as valid phone numbers and email addresses. The option to choose a currency is also available – USD, EUR, GBP, and CAD are among the accepted currencies.
Upon completion of registration, the casino player receives a Neteller ID and a security ID. The account must be linked to a bank account or other funding method in order to be properly recharged and used for online gaming. Here players can use credit or debit cards, including Visa, MasterCard and Maestro, international bank transfers and more.
When the Neteller account is activated, it can be used to make instant transactions to online casino accounts. However, verification is required to withdraw winnings. Players must provide scanned copies of their IDs or other documents as proof of address.
Net+ Prepaid Card
Neteller offers players the opportunity to purchase a virtual or plastic prepaid Net+ MasterCard. These are low-cost prepaid cards with no annual or monthly fees that allow easy access to the Neteller eWallet. They can be used to fund online casino accounts as well as ATM withdrawals. The Net+ Prepaid MasterCard also allows you to make purchases at hundreds of online and do-it-yourself stores that accept MasterCard as a payment option. The card supports several popular currencies: GBP, EUR, USD, CAD, AUD, SEK, JPY and DKK.
The Plastic Net+ MasterCard ships in a few weeks and requires activation on Neteller’s official website. In addition, you will have to pay 10 euros for the shipping costs.
Neteller VIP program
Based on the transfer activity in a member’s account, the Neteller VIP Program is designed to reward the most active users and has five different levels. Players with higher transfer activity will receive benefits such as additional reward points, increased ATM withdrawals, multi-currency accounts, higher transfer limits, as well as next-day payouts. In addition, users with Gold level or higher can benefit from a VIP Personal Manager who can assist with any questions or decisions in the user’s language.
Neteller VIP members receive loyalty reward points on every transaction, which can be redeemed for cash. There are even more benefits for those who transfer substantial amounts of money each year.
Deposit to online casinos through Neteller
The Neteller e-wallet is widely preferred by players because of its convenience and high level of security. It is a valid payment option in all major online casinos and transactions are instantaneous and uncomplicated.
Depositing through Neteller is very easy – after opening the casino cashier, players must choose it as a deposit option and enter a Neteller ID and password. After specifying the amount of funds, they only need to confirm the transaction. The transfer is instantaneous, so in a few seconds they can play with their money.
Withdrawing winnings with Neteller
One of Neteller’s biggest advantages over other payment methods is that it is ideal not only for reloading the casino balance but also for withdrawing winnings. The process is just as easy: you have to visit the Banking or Cashier section, choose Neteller as your withdrawal option and enter your ID and password. Confirm the transaction after selecting the amount of money you wish to transfer from your casino balance to your e-wallet.
As mentioned above, you need a verified Neteller account to withdraw your winnings. The verification process does not take long if you provide a readable image of your ID. Please note that the transaction will take up to 5 business days to complete.
Neteller Fees
An important aspect of any paid service is the pricing scheme. While the general rule is that quality has a price, you will find that Neteller is mostly cheap and anyone can afford to use it. Before you can make a deposit into your online casino balance, you must first add funds to your Neteller account. There are a number of other payment solutions that can be used to accomplish this.
Neteller charges deposit fees, which vary depending on the funding method. Players who use BitCoin to recharge their Neteller e-wallet enjoy a low deposit rate of 1%, while most other options have a rate ranging from 1.5% to 7%. A notable exception is Boku’s Pay by Mobile option, where players can be charged up to 45%. Local bank deposits, on the other hand, are free.
One thing to keep in mind is that the fees for depositing into your Neteller balance can also change, depending on the jurisdiction in which you reside. Users in certain countries benefit from lower deposit rates than others.
Withdrawal fees range from 1.75% for Net+ Prepaid MasterCard to fixed amounts when using bank transfers (€7.50), member transfers (€10.50) and others. The fee for currency exchange is 3.99% and 1% for VIP members.
The limits are €650 on withdrawals and €1950 on purchases every 24 hours. Account holders can make 4 withdrawals or 10 purchases every 24 hours. However, VIP members benefit from higher deposit and withdrawal limits.
Neteller Security
Neteller is an online money transfer service and operates under strict regulations and security protocols. Due to the powerful 128-bit SSL technology, all personal and financial data remains private. This encryption makes it impossible for anyone to access any sensitive information. In fact, every data that passes through this system is encrypted using strong encryption.
As a result, only people authorized to view this data can access it and in the unlikely event that someone manages to get hold of it, they will not be able to read it without the encryption key. For this reason, the electronic wallet is considered one of the most secure payment options in online gaming.
In addition, Neteller also gives users the opportunity to activate Two-Factor Authentication on their accounts. This is a security measure that adds an extra step before access is given to the account. Basically, by activating Two-Factor Authentication, you will have to enter a unique text string each time you log in. This text is provided by the Google Authenticator for Smartphones and Tablets application that is linked to your Neteller account.
The application generates a new code every minute or so and you can only receive it on your smartphone or tablet. This prevents anyone from accessing your account, even if they have managed to acquire your username and password. Two-Factor Authentication is quite simple and has so far proven to be very effective in preventing account theft, not only in the case of Neteller, but for any service that implements this feature.
In addition, when using a Neteller account for online gambling, users do not enter any credit card or bank information, so there is no risk of fraudulent activity. This also helps to maintain the privacy of users’ personal data in the casino. When a Neteller transaction is performed, the receiving party only sees the Neteller ID instead of a name or other identifying features. This makes Neteller perfect for privacy-minded people.
Since Neteller is not a banking institution, it does not lend out account holder funds. Client funds are securely held in separate trust accounts, away from operating funds. This means your money is always in your electronic wallet.
Neteller Advantages
There are many advantages when using Neteller as a method of recharging an online casino account. It offers excellent protection of confidential data, as well as the opportunity for players to remain anonymous, as they only appear with their Neteller ID when transferring funds.
In addition, players who choose the Neteller e-wallet can use it at multiple online gambling providers. They can make instant deposits and, after withdrawing their winnings, they can use them to make online purchases at hundreds of merchants.
In addition, you can also use this card at the small number of betting websites that are not Neteller compatible, but do accept MasterCard. In essence, the Neteller service offers you two different and valid payment methods, each useful in its own way.
In terms of cost, Neteller is relatively cheap or no more expensive than other payment services. This is something some people don’t consider when choosing their primary deposit method, but it will affect their bottom line in the long run. Making betting transactions does not cost you anything. The only time you will pay a fee is when you withdraw money from your Neteller balance to your bank account.
Customer service is available 24 hours a day and there are always agents on standby to help you with anything. Users will be able to establish contact via email and phone and will also have access to an extensive FAQ section, where many of the most common questions are answered.
The Net+ Prepaid MasterCard makes it easy to withdraw money from ATMs and pay at any store that accepts MasterCard.
Neteller Disadvantages
Although Neteller is one of the most recognized payment methods for online gambling, it is not available to players based in the United States. Countries with limited service are Canada, Hong Kong, Turkey and Macau. Due to government regulations, some countries do not allow wagering related transactions, so even if players can use their Net+ cards, they will not be able to access their Neteller account.
In addition, there are a small number of online casinos that do not support Neteller as a deposit option. In such a case, you will have to resort to another option that might not be optimal for you, although such websites are few and far between.
Other than that, there is almost nothing that can be considered a disadvantage. Neteller is a solid service and there is a reason why it has become so popular in the online gambling industry. It provides users with the best features needed to manage their casino funds and is universally accepted. Frankly, you couldn’t ask for a better payment solution.
Neteller conclusion
Although Neteller is restricted in some countries, it is still one of the safest, fastest and most convenient ways to make deposits in online casinos. The service is targeted at casino players, so it is available as a payment option at most long-established online gaming operators.
With Neteller you can enjoy a wide variety of benefits that many other payment services cannot provide. Instant deposits into your casino balance, the fastest withdrawals in the online gambling industry and a high degree of anonymity are just some of the advantages that come with a Neteller account.
In addition, low rates and extensive security features make this service reliable and cost effective. It will be difficult to find a more suitable service for online casino transactions and a casino player should seriously consider opening a Neteller account.
