A little history
Founded in Canada in 1999, Neteller relocated to the Isle of Man in 2004 and moved closer geographically to the gambling capital of the world – Europe. Neteller took the world by storm in 2001, when they started their journey towards domination as the world leader in gambling payment systems. In fact, Neteller won ‘Best Payment System Award’ from the IGB Affiliate Awards in 2008, 2009, 2010, 2012, and 2014.
Neteller and its sister company Skrill are the world's most popular E-wallet solutions for the online gambling industry with all assets managed by the Paysafe Group.
How to sign up to this industry leader?
Employing the services of Neteller is as easy as 1,2,3. Simply visit the official Neteller website and proceed to ‘Sign-Up’. You will need to fill in an online registration form. There are no credit checks, but Identity will have to be confirmed in order to benefit from the full Neteller experience.
Advantages of using Neteller at an online casino
There are definite pluses to picking Neteller as your banking method of choice in the online gambling world. This industry leader shows its muscle in a number of categories, including:
When signing up with Neteller, you only ever divulge your sensitive personal information once. Hereafter, Neteller stores your info on their server under the lock and key of multi-encryption to keep it safe and out of the hands of abusers. When you make use of Neteller to make payments, you will only need to enter your username and password on the casino site to authorise payments and withdrawals. The casino will gain none of your personal information, at all.
There are no real money payment methods that pay as quickly as e-wallets. Transactions to and from the wallet are more or less instant (depending on how you charge the account, withdrawals can take up to 3 days to reflect). This is suited to the high-intensity environment provided by online casinos.
3. Easy Funds Transfer and Top Up
Topping up the wallet can be done in a variety of ways. Some of the more popular and faster ways of transferring funds into the wallet include via Credit Card, Debit Card, Paysafecard, and Bank Transfer.
4. Top-Notch Support
Neteller could not secure its place as a leading service provider without priding itself in its customer service. Support is available 24/7 and is notably more efficient than the service of some of its closest rivals.
5. Special Features
Along with the leaders in the market, Neteller offers notable extras to benefit its clients.
Loyalty rewards are earned as you spend. These can later be redeemed into currency to boost your casino bankroll if you so choose. Heavy spenders, who manage to transfer more than $10 000 per year, will earn the right to be classed as a Bronze VIP member. Here the rewards are considerably better, and the fees are considerably reduced.
Once you manage to work yourself up to Diamond status, the fees are at their lowest, limits are increased drastically, and payouts are guaranteed not to take longer than a day. Diamond VIPs have access to a VIP manager who personally gets involved with your account to streamline the service offered to you.
Neteller has released their very own Net+ Pre-paid Mastercard, which means that for a nominal fee, you could swipe and spend your casino winnings at any land-based retailer near you. This card service racked up service awards, itself in 2009,2010, and 2011, to reinforce the companies mark of excellence.
If it is not a physical card that you are after, you can apply for a virtual pre-paid Mastercard online for free, which can be used to make purchases from any online store that may not accept Neteller e-wallet payments. This is just another fine example of how Neteller strives for customer satisfaction.
Disadvantages of using Neteller at an online casinos
The negatives of using this form of payment method are very far and few between. The advantages far outweigh the disadvantages. Certain drawbacks do however include:
1. Restrictions towards Bonus Offers
There are unfortunately several online casinos accepting Neteller that will not honour certain bonus promotions if you make use of this service provider for payment and withdrawal. This is a similar problem experienced by Skrill clientele, too. This is a bit of a nuisance when you want to get to know a casino a bit better with some free play offers and benefits.
Ease of use of this payment facility
Once you have registered your account, you may start spending at online casinos straight away, but initially, your spending limits will be quite low. Once you have proven your identity, which is not a difficult task, within 1 to 2 business days, you will be able to set considerably higher spending limits for yourself.
There are small costs involved when making use of the Neteller's services, but these are quite a bit more affordable than many other third-party payment provider costs. Average costs usually incur fees of between 1% and 5% of the value of the transaction for deposits. Withdrawal fees start at 1.9% with a set fee of 3.99% for currency conversion. The standard withdrawal fee is capped at $20 though. There are however added fees for bank transfers and bank drafts.
Neteller is available in 180 countries in 17 different currencies and 15 languages. There are virtually hundreds of online casinos that honour payments and withdrawals in this e-wallet brand.
Their reputation is well known and their services well spread throughout the world. You can be assured of great quality service and far reach in the gambling sector. Should you want to play your favourite slots and table games at a top casino accepting Neteller, then choose from a range of our selected top 5 online casinos for the best value of iGaming entertainment around.Read more