What Is Neteller Payment Method?
Neteller, a part of the Paysafe Group Limited, is an e-wallet that launched back in 1999 and in the last couple of years it has become quite popular as an option for money transfers. Neteller allows instant money transfers that provide the casino players to make quick and easy deposits to online casinos.
It can also be used as a withdrawal method and is one of the fastest ways to get your wins into your own wallet. Most online casinos that support Neteller as a payment method guarantee that the money transfer will be processed within the period of 24 hours which is in most cases the longest period you’ll have to wait.
In the present electronic era, banknotes and coins are seen less and less in people’s pockets and wallets. What’s taking the place is e-banking or e-wallets which has provided an excellent solution to the problem of security as it is a great way to secure credit card information, for instance. Now, Neteller is one of the most popular online banking systems along with PayPal or Skrill, for example. And considering the fact that in 2006 Neteller already had seven billion euros transferred through their platform, we can say that this is a trustworthy and reputable banking option.
Why Should You Choose Neteller?
- high speed
- free-of-charge money transfers (in most cases)
- 20 years of experience in the field
- widespread presence
Neteller represents a new generation of payment methods. Many of the methods that are on the traditional side such as bank transfer can be annoyingly slow making you wait for your winnings for some time. But with e-wallet such as Neteller that is not the case. With this payment method you can transfer your money in and out of your casino account in no time. Quick money transfers are always what players seek the most and with Neteller that box is checked.
Any Fees Involved With Neteller?
If you already have a Neteller account, using it at online casinos as a payment method is fairly easy. With just a few clicks you can transfer the money. Creating a Neteller account comes with free of charge but keep in mind that it may charge certain fees when you transfer money to your e-wallet from your bank account or vice versa, for example. The fee is usually about 2.5%. As in online casinos, Neteller deposits and withdrawals are mostly completely free. But note that it all depends on the casino and some may charge small fees.
More On Neteller Experience and Security
Neteller is one of the most experienced and definitely successful online wallets. Some may say that experience does not necessarily mean quality but Netteller will prove them wrong. For Neteller each year has been more successful than the previous one. With billions of dollars transferred each year via Neteller and millions of active users, Neteller is definitely thriving in the online money transfer business.
Neteller is authorized by the Financial Conduct Authority under the Electronic Money Regulations for the issuing of electronic money which means that they maintain the highest standards of their business. Neteller guarantees 100% secure transactions. The company has done all in its power to create a perfectly safe and secure banking system for its customers.
They use the latest anti-fraud tools and many security tools to keep all the customers safe from any fraudulent actions. Some of the security measures include device fingerprinting, security code verification, 256 bit encryption and multiple firewalls, real-time transaction monitoring, anti-money laundering protocols, etc.
Creating a Neteller Account
In order to start using Neteller as your online banking option, of course, you need to create your own Neteller account first. And this is nothing to worry about as the signup process cannot be any easier. It only takes a few minutes. You just need to enter some of your personal details such as your name, e-mail, address, phone number, etc. After that, your account is ready to be used.
The step after creating an account includes transferring funds to your Neteller wallet. You can choose to transfer the money into Neteller account via credit cards, bank transfer, and similar. Check what all the transfer methods are, choose the preferable one, and go on with getting money into your account. Note that certain fees may apply when transferring the money. The highest fees come with credit card deposits.
Depositing Funds From Neteller To Online Casino
Once you’ve all settled with your Neteller wallet and your funds are there ready to be used, you can start using Neteller as your payment method for online casinos. Depositing money into an online casino account via Neteller is quite simple and it only takes a few minutes. The steps are usually the following:
1. Go to the casino website and log in to your account
2. Go to the deposit page
3. Choose Neteller as your payment method
4. Enter the amount of money you want to deposit
5. Type in your Neteller ID, e-mail, and security code
6. Watch the money being transferred within seconds
Without entering any of your banking information such as bank account number, credit card number or similar, the transaction is really fast, simple, and most importantly safe.
Withdrawals With Neteller
Just as you can deposit cash into your online casino account via Neteller, you can also use it as a withdrawal method. Note that some casinos will require the same payment method to be used for both deposits and withdrawals due to security reasons. So, if you’ve made deposits via Neteller, then you will have to use the same method for withdrawals.
Luckily, that is a great thing since with Neteller, withdrawals take little time as well. It is usually no longer than 24 hours that the funds are transferred to your Neteller account from the casino. The similar steps as with depositing money apply for making a withdrawal. Just fill in the required fields and that’s it. In most cases, there are no fees involved when withdrawing from a casino using Neteller.
Final Words on Neteller
Neteller is an e-wallet used worldwide by millions of users with billions of dollars in transactions each year. Just like Paypal or Skrill, Neteller is an online banking service that provides fast, simple, and most importantly, highly safe and secure banking options. For those who are tired of using credit cards online and typing in their account and card numbers each time they wish to transfer money, Neteller is a great choice as typing in your email address is, all in all, all you need to deposit, withdraw, or pay online.