NETELLER is a payment method used to deposit money to your online casino account. Here you can find Neteller casinos reviews, information about bonuses for players using NETELLER and complete Neteller casinos guide.
What is Neteller?
Online casinos have been around for quite some time and as more people around the world become aware of them and start playing change is brought on. For the online casino industry the introduction of e-wallets as payment methods meant more players actively participating in gambling activities.
Neteller is one such e-wallet or online payment method that has made it easier and in some ways more convenient for players to consider taking part in online gambling.
Meet me at the start
Neteller is an e-money/e-wallet service that was launched in 1999 and is owned and operated by British global payments company, Paysafe Group. If you are still unsure about what Neteller is we’ll give you a quick run through.
Neteller is an online service which you can use to transfer money from or to merchants which includes online casino sites. When using this e-wallet you have the option of withdrawing funds into your Net+ card, account or transfer the balance to your personal bank account.
Neteller has been in the game of online gambling for quite some time as they first started processing online gambling payments in July 2000. In this time it was processing about 80% of the payments to and from the world’s gambling merchants.
It is also considered one of the biggest and most reputable e-wallet sources in the industry. More and more online casino players are flocking towards this online payment method to transfer fund due to instant deposits, instant withdrawals and tight security. To be more specific, the service is used in over 150 countries by millions of users not just for online casino entertainment but also for other goods and services.
The pros and cons of playing at Neteller Casinos
As with all good things in life there are pros and cons to consider before you think about signing up at a Neteller online casino.
8 Reasons why you should consider playing Neteller online casinos
1. Extra Secure
One of the biggest concerns most people have when playing at online casinos is regarding the security and safety of their personal information. When making use of Neteller, player details are protected by the best security technologies. This payment method even insures that you bank details are not visible to any online casino you decide to play at. The only information shared is your Neteller account’s ID and the rest is all kept safe and protected.
2. Speed is King
Another major benefit of using Neteller as your choice of payment is the speed of transactions. All deposits and withdrawals are completed almost instantly and the longest it can take is up to 2 hours depending on server connection. It’s much faster than using your regular everyday payment methods to fund your account. There are some cases where casinos will take longer with pay-outs but this is generally a casino problem and not a Neteller problem.
3. A for Anonymity
One of the other great perks of playing at Neteller online casinos is that there is a certain degree of anonymity. There will also be no costs directly allocated to your gambling habits from your personal bank account which means there won’t be so many records of what you’ve used your funds for. It will simply show Neteller on your bank statements which is something many players find soothing.
4. It’s practical
Using Neteller to fund your online gambling experience isn’t that hard. Players quickly catch on and know how to use the e-wallet within minutes of setting up their account. Neteller is also one of the few payment methods that can be used both for making deposits and receiving your withdrawals.
5. So many options
Using Neteller as your preferred payment method gives you access to a wide variety of the best online casinos. In fact with just one Neteller account you will have the ability to open hundreds of accounts on the best selection of online casinos. The added perk of course is also that most online casinos happily accept deposits via Neteller.
6. Large transactions made possible
By using Neteller you can realize your dream of playing like a high roller and make large deposits or withdrawals depending on the casino restrictions.
7. Variety of ways to fund your Neteller account
Another perk of using Neteller is that you can make use of your credit/debit card, other e-wallets or Bank Wire to fund your account. It’s always beneficial when your e-wallet can be funded in a variety of ways as it comes with less restrictions.
8. Constant Rewards
Any time you use your Neteller account to deposit or withdraw money from an online casino you are awarded reward points.
Reasons why you might be hesitant
One of the disadvantages of using any e-wallet for that matter is the fees attached to it. Neteller unfortunately is one of the e-wallet services that charges for most of transactions. Currency conversion especially has a hefty fee of 3.39% added to it.
Pro Tip: Look for an online casino that offers commission-free deposits and withdrawals for using a Neteller account.
2. The tedious setup procedure
Setting up your Neteller account is easy and quick. The only part that does take time is the verification procedure. It can be annoying but if you look on the bright side it shows how serious they are about security and ensuring no one else is using your credentials and details to open an account.
3. Not available everywhere
Neteller is one of the most popular e-wallets around but it is only accepted and available to those residing in certain areas.
Players who reside in the following countries will not have access to Neteller services:
Afghanistan, Benin, Bonaire, Burundi, Central African Republic, Chad, China, Congo (Republic), Crimea, Cuba, Djibouti, Equatorial Guinea, Eritrea, Gabon, Gambia, Guinea, Guinea-Bissau, Guyana, Iran, Iraq, Kazakhstan, Kyrgyzstan, Lao People's Democratic Republic, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mongolia, Montserrat, Myanmar, Nauru, Niger, Niue, Norfolk Island, North Korea, Palau, Papua New Guinea, Saint Barthelemy, Saint Kitts and Nevis, Saint Martin, Sint Maarten, Sierra Leone, Sudan (North and South), Suriname, Syria, Tajikistan, Timor-Leste, Togo, Turkmenistan, Uzbekistan, Western Sahara and Yemen.
How to use Neteller at Online Casinos
If this is the first you hear of Neteller casinos don’t fear, we’ve got you covered. The first thing you need to do is visit the Neteller website and create an account by filling in all the needed information. Once you are done you will receive a Neteller ID number.
As soon as the account is verified you can select which payment option you would like to use to fund your Neteller account.
Payment options include:
Now all that’s left to do is to choose a Neteller Online Casino and making a first deposit to start playing.
Pro Tip: If you’re not sure about which Online Casino to play at take a look at our GamblersPick Select Casino page and find the casinos with the Select Badge next to them. These online casinos have been vetted and reviewed and have proven to deliver the best rewards, services, gaming variety and security.
I need my money
You might be wondering what will happen as soon as Lady Luck has awarded you some extra luck and a big win. When you’re not in the mood to keep playing and you wish to cash out some of your winnings then all you need to do is follow a few easy steps to withdraw money into your Neteller account.
1. Go to withdrawals & Select Neteller
Once you are in the online casino you can head towards the cashier and ask for a withdrawal. When you are in the withdrawal process you must make sure you select Neteller as your withdrawal option. You will then be taken to the withdrawal page where you can enter your Neteller username and password.
2. Choose your withdrawal amount and wait
Once you’ve completed the first two steps all you need to do is specify how much you want to withdraw and click on submit. Just make sure your withdrawal amount falls within the minimum and maximum withdrawal amounts allowed by the casino. As soon as you’ve submitted your request it will be processed and you have to wait between 2 and 24 hours for the amount to show up in your Neteller account. As soon as the money is in your account you can either leave it there or opt to transfer it into your personal bank account.
Under lock and chain
As you’ve probably already read, one of the main perks of using Neteller online casinos is added security. Neteller is one of the most trusted online payment systems in the world because they are constantly updating their security measures. They go the extra mile and make use of the latest security features and anti-fraud tools to ensure your transactions are always secure. All transactions are done with 128-bit encryption technology to ensure no personal information can be leaded. By using Neteller you also don’t have to stress about providing any online casino with your personal banking information.
Neteller is known for its discretion which helps especially if you don’t wish to have your gambling expenses leaked on your bank statements.
Hello… is anyone there?
Another amazing thing about Neteller is that it comes with superb customer support. There is a host of support services to cover all things including lost cards, instructions and help to get you started and help to successfully complete withdrawals or deposits. When using Neteller you will always have support in any issues or queries and should you feel the need to lodge a complaint you can fill in a form and submit it online.
Your thoughts… Do you make use of Neteller online casinos? Why not share your thoughts and experiences with the rest of the GamblersPick Community and help new players get started the right way. Joining the community is free and enables you not only to raise your voice and be heard but also to help other players make the best choices to improve the quality of their online gambling experience.
VIP for the win!
You might have heard that using Neteller online casinos come with added benefits and rewards including exclusive bonus promotions, rewards and even cash backs from selected online casinos. What you might not know is that Neteller has its own VIP system and the perks are amazing. Each time you use your Neteller account to make a transaction you will receive reward points. These points will help you climb the VIP ladder and the higher you go the better rewards you will receive. Being a VIP enables you to cash in on higher ATM cash withdrawal limits, gives you access to a personal VIP manager and allows you to score exclusive rewards. Reward points can also be converted to cash which can be used to fund your casino account once more.
Using Neteller in Online Casinos
Neteller is easily used at online casinos, and it features prominently among the list of banking options. It is especially popular as a deposit method for players. The crème de la crème of online casinos routinely promote Neteller as their ideal payment processing option. For example, when you use Neteller at online casinos, you may be rewarded with specific rewards, like credits or free spins. Sometimes, using Neteller in online casinos is free, and at others you may pay a nominal fee.
For many players, Neteller is preferred to credit cards and checks since details of the transactions are not printed on your credit card statement. If you wish to enjoy your casino games without scrutiny, Neteller is certainly a viable option. It offers enhanced privacy, and it is not subject to the reporting requirements of banks and financial institutions. This makes it a desirable payment processing method.