Neteller is an online ‘eWallet’ facility that allows customers to make payments or deposits without having to enter any debit or credit card details at a casino site that they have just joined. It is considered to be very safe and secure and also helps reduce the risk of credit card fraud.
Overview of Neteller
Since 1999 Neteller has been allowing customers to make payments online as an alternative to the traditional payment methods of debit or credit cards. There are literally millions of costumers in over 200 different countries that are using Neteller. There are a couple of ways in which it can actually be used. It can be send to money online between family and friends, it can be used to pay for goods or services online and then there is the Net+ PrePaid Mastercard. With Neteller casinos and slot sites it is used to add funds to a players account. It can also be used to make withdrawals. It has the advantage of being pretty much instant for both deposits and withdrawals. There are also a number of online casinos that offer bonuses if a customer chooses to use Neteller as a payment method. Therefore if you’re planning to use this deposit method double check the promotions on offer to see if you’ll be able to claim an extra bonus.
How it Works
First of all you’ll need a neteller account and you can join up here. Once you have opened an account you’ll then need to register a bank account. This is so that when you make a deposit at a casino the money is taken directly from that particular bank account. The same is true of withdrawals. When you enter your bank details a small amount of money will be deposited into that bank account. You’ll need to enter this amount to verify the account, but be warned. The process can take up to 5 days to complete. Also a negative point is that the neteller system is not particularly user friendly compared to a number of other ewallet providers.
Once you have an account, log into your casino account and go to make a deposit. When you see the different payment options you’ll need to select ‘Neteller’ and then enter the username and password of your Neteller account. Once you hit deposit the money will then be taken from your account and added to your casino account.
The alternative to this is adding funds to your account with a debit or credit card. When you go to ‘money in’ you’ll see a list of cards that can be used and their processing fee. The system will then remember the card details for future deposits. This can be a good method as that way you can easily restrict your spending to what is your neteller account rather than always taking funds directly from a bank account. If you use this method you will also see there are other alternatives to adding funds to your account including Skrill, BitCoin, PaySafeCard and Boku. Although in truth you would be better off depositing at the casino site directly using those methods rather than transferring to your neteller account as you’ll avoid costly fees.
When you make a withdrawal at your chosen mobile or online casino site the funds will be deposited into your neteller account. Once in your neteller account you can then withdraw it directly to your bank account. Be warned, there are fees involved whenever you transfer funds from your neteller account to your bank account.
Australian Dollar – AUD ($), Brazilian Real – BRL (R$), Bulgarian Lev – BGN (лв), Canadian Dollar – CAD ($), Danish Krone – DKK (kr), Euro – EUR (€), Great Britain Pound – GBP (£), Hungarian Forint – HUF (Ft), Indian Rupee – INR (Rs), Japanese Yen – JPY (￥), Malaysian Ringgit – MYR (RM), Mexican Peso – MXN ($), Moroccan Dirham – MAD (د.م.), Nigerian Naira – NGN (₦), Norwegian Krone – NOK (kr), Polish Zloty – PLN (zł), Romanian New Leu – RON (lei), Russian Ruble – RUB (руб), Singapore Dollar – SING (S$), South African Rand – ZAR (R), Swedish Kronor – SEK (Kr), Swiss Franc – CHF, Taiwan Dollar – TWD ($), Tunisian Dinar – TND (د.ت), United Arab Emirates Dirham – AED (د.إ), United States Dollar – USD ($)
Although Neteller accepts all the currencies above, the casino you’re looking to join may actually restrict your country. It is therefore recommended you double check the list of excluded countries before signing up to ant of the casino sites on this page.
As over 60 different types of payment methods are accepted and all with separate fees we recommend you check out the fees page. However, a typical withdrawal fee to your bank account is €7.50.
How to Use a Debit or Credit Card
Once logged in click on ‘Money In’ on the left hand side of the page. You will then see a number of different card options available to you, along with their fees. Simply click on one and then enter your card details as required.
How to Make a Withdrawal
Once logged in click on ‘Money Out’ on the left hand side of the page. You can then withdraw the funds directly to your bank account or debit card. You will be advised of the fee at the time of making the withdrawal.
Will my Bank Details Be Safe and Secure
Neteller uses the latest SSL encryption software to ensure all your card details are safe. It is the same security measures that any bank would use. For an extra level of security you can activate two-step verification if you have a mobile phone. This will make your account details virtually impossible to hack into.