Neteller is one of the most recognized E-Wallet solutions and is part of the British company, Paysafe Group Plc., that also own Paysafe Card, another major online payment service. The company originated in Canada in early 1999, in 2004 it moved its headquarters to the Isle of Man. In 2015 Paysafe Group Plc bought Skrill Limited, another very common E-wallet used by gamblers and online casinos all over the world.
Their services are commonly used for online shopping, insurance pay outs, video game trading, paying freelancers, and of course online gambling. Neteller was the most popular payment method for online casinos and in the early days it processed payments for 80% of the world’s gambling merchants. While their market share have diminished significantly due to many new competitors, Neteller is still one of the major payment providers. Having Skrill and PaySafe Card under the same umbrella make us assume that the market share is about to rise significantly in 2017. Today, 100’s of new casinos use Neteller as one of the main deposit and withdrawal methods.
Neteller is listed as an authorised electronic money institution, and they are required by law to maintain the value of all their customer’s funds in separate trust accounts. Since they first began operations the list of what this company can do has continued to grow, but what players and casinos so often use Neteller for hasn’t changed.
This company accommodates instant transfer of money all over the world, but it is really popular in Europe, and supports more than 26 currencies and their financial services span over 200 countries. This E-wallet can be loaded directly from banks accounts, credit and debit cards, along with 40 other payment methods. Neteller charges a fee from 1% up to 7.5% to transfer funds to your E-wallet from other various payment solutions. Transferring money from Neteller to another institution will cost you about from 7.5 to 25 £/€/$.
140 New Online Casinos Accepting Neteller
Using Neteller at Online Casinos
Using this money transfer option is as easy as any other E-wallet out there. Just go to your online casino of choice and select Neteller from the payment options. You then need to follow the prompts and enter your account ID and secure ID. You are instantly credited the amount you deposited and an Email confirmation will be sent to your email account. That’s all, no need to interact with the email. It is there to inform you, and it acts as a receipt.
Be aware that at some online casinos in a few geographical areas, mainly in the UK, do not allow you to claim the welcome bonus or any other bonus if you make deposits from Neteller. Besides that, there is nothing to worry about. The great thing is that you make deposits and withdrawals instantly and in most of the cases free of charge. The minimum amount to deposit is normally lower than some other payment methods and normally starts at 10 £/€/$ while there is no limit on the maximum deposited amount by the online casinos.
Making a withdrawal is very similar to how you make a deposit, you simply select Neteller as your withdrawal method in your online casino and then follow the prompts. Some casinos might charge withdrawal fees, of around 1,5%, but normally that’s not the case.
+ Instant transfers
+ Supports 26 currencies
+ Available in most online casinos
+ Available in more than 200 countries
+ 40 deposit to fund account
– Some casinos charge some fees to withdraw your money
– At some Neteller casinos you may not be eligible to some bonuses and promotions when making deposits with Neteller.
|Company Name: Paysafe Group Plc.
Supervised by: British Financial Conduct Authority
Transaction Time: Instant for deposits
Min Transaction: 10 £/€/$
Deposit Fee: Some casinos may charge 1,5%
|Established: March 2000
Address: Chivers Way, Histon, Cambridge, CB24 9AD, United Kingdom
Phone Number: +44 20 3308 9525
Similar Payment Methods: Skrill, PayPal, EcoPayz
Security: E-mail and Password
Currencies: more than 26
Max Transaction: up to 2 000 000 £/€/$ per year
Withdrawal Fee: Some casinos may charge 1,5%