Neteller is one of the most recognized and solid e-wallets in the market nowadays. Today, new casinos with Neteller can be found all over the world. The brand is part of the British company, Paysafe Group Plc., which also owns PaysafeCard, another major online payment service.
Using Neteller at UK casinos is an easy and handy option to add/withdraw funds and control your budget. Keep reading to know more about Neteller and why there are so many casinos accepting it as a payment option.
There are many reasons why almost all casinos out there offer Neteller as a payment method. You can even compare other casinos that accept similar payment methods side by side. But, for now, take a look at a full list of the latest Neteller casinos available for you:
|Currencies||27 + Crypto|
|Security||Email and Password, encrypted servers, 24/7 monitoring|
|Min. Transaction||Defined by the casino|
|Deposit Fee||Up to 2,5%.|
|Withdrawal Fee||Up to $12,75 in some cases, see below.|
Here are some of the key advantages of using a Neteller e-wallet.
- Instant transfers
- Supports 28 currencies and cryptocurrencies
- Popular casino method of choice
- Has a prepaid Mastercard option
Neteller is a leading payment method for the right reasons and due to a strong network of servers and partners, you can transfer money instantly and safely. Since they’re part of the Paysafe Group, they enjoy Rapid Transfers, which allow instant bank transactions between the parts while going through the safe bank protocols.
Currencies and Cryptocurrencies
Neteller is a complete e-wallet and supports 27 traditional currencies and several cryptocurrencies, including Bitcoin, Bitcoin Cash, EOS, Ethereum, Litecoin, XLM, Ripple and 0x. The common currencies are AUD, BRL, BGN, CAD, CNY, COP, DKK, EUR, GBP, HUF, INR, MYR, MXN, MAD, NGN, NOK, PLN, RON, RUB, SING, ZAR, SEK, CHF, TWD, TND, AED, USD.
There is even an option to request a physical plastic Mastercard, called Net+. This provides you with instant access to the funds in your Neteller Account. The Net+ Prepaid Mastercard enables you to buy and deposit online and in person. You can even withdraw cash at any ATM where Mastercard is accepted.
Popular casino payment method
Neteller is widely available for players around the world and you can pretty much always expect an online casino to have Neteller among the payment options. This solidified position is due to its versatility and features. E-wallets are highly recommended due to acceptance at new online casinos and the increased level of security and budget control they offer.
- Some casinos charge some fees to withdraw your money
- You may not be eligible for some bonuses and promotions.
Fees and more fees
With popularity comes some downsides. You can expect some fees when you use Neteller to buy and sell cryptocurrencies to cover the broker’s costs or exchange currencies (fee of 3,99% for conversion) but some online casinos repass the fees imposed by Neteller to the players, essentially making you cough up a few coins when you deposit and withdraw using Neteller.
This is a quick breakdown of some of Neteller’s service fees:
- Add funds to your account using varying methods: 2,5%.
- Bank transfer: 10 USD.
- Member wire transfers: 12.75USD.
- Money transfer: 1.45% Min. fee 0.50 USD.
- Net+ Prepaid card: 0 – 1.75%.
Not eligible for some promotions
If paying fees wasn’t quite enough, when you use Neteller (and Skrill sometimes) you might not be eligible to participate in certain promotions, tournaments that require a deposit and sometimes, you can’t even claim a welcome bonus offer if you choose to go with this payment method. The best to avoid any surprises is to read the T&Cs first and check if you can use Neteller as a payment method.
Depositing funds into your online wallet is simple and fast but it’s worth remembering that not all Neteller casinos will offer instant deposits, but most will. Your chosen casino may charge a commission fee of up to 2.5% but this is quite rare.
Quick Neteller Casino Deposit
- Select ‘e-wallet’ from the list of payment options, then Neteller.
- Enter your account ID and secure ID.
- Enter the deposit amount and press the confirm button.
Withdrawing from your balance is equally as simple as depositing. Once your funds have been approved at the casino’s end then you can expect to receive your winnings back to your e-wallet account within 2-4 business days.
Just a Few Easy Steps to Withdraw
- Select Neteller as a withdrawal option.
- Enter the desired amount.
- Press the confirm button.
- Check your Neteller account.
Whether you are depositing with your credit card, a trusted bank account or using an alternative payment option, you can be sure that you are in good hands here. Neteller employs serious security protocols and operates under very strict European regulations on top of the already existing measures the payment gateways also have in place.
All transfers are encrypted and monitored by specialists to avoid fraudulent activity and to keep your data safe from hackers at all times. Strong Customer Authentication procedures, 2-factor authentication and safe servers are also in place to guarantee your safety online.
Neteller originated in Canada in early 1999, and in 2004 they moved to the Isle of Man. In 2015, Paysafe Group Plc bought Skrill Limited, another very common payment service used by players and online casinos all over the world.
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.
1. Why use Neteller at new casinos sites?
Neteller is one of the most accepted e-wallets out there and offers a vast range of services to shoppers and casino players alike. Players use this payment method because it’s a fast, safe and handy way to move money around in several currencies.
2. Are there fees for using Neteller?
Some fees do apply when you add funds to your Neteller account (up to 2,5%) and even some casinos may charge additional fees to handle your money, this is not always the case but you should confirm before signing up. Other fees may apply for currency exchange and cryptocurrency trades.
3. Can I withdraw my winnings with Neteller?
Yes, you can. Simply select Neteller when requesting a withdrawal at your online casino and the funds will be transferred to your account almost instantly and from there you can send to your bank or another e-wallet of your choice.
4. Do I need a bank account to use Neteller?
It is not a requirement to use Neteller. Having a bank account allows you to add funds to your Neteller account easily, however, you can still deposit and withdraw using alternative methods such as a card, vouchers or another e-wallet.
5. Are there any alternatives to Neteller?
6. What is strong customer authentication?
Strong Customer Authentication is a newly introduced European regulatory requirement which aims at making online payments more secure by making sure you are the holder of an account. This usually takes the form of extra confirmation via SMS or email before you can complete a transaction.
7. Which cryptocurrencies can I buy and sell using Neteller?
Currently, you can buy/sell Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), 0x (ZRX) and Litecoin (LTC), Ripple (XRP), EOS and Stellar Lumens (XLM).
G. H. Moretto is the Editor at New Casinos.com and Nyecasino.org, also an expert in advertising and casino content with a passion for blackjack tables. He has managed research, content writing, translations and holds a degree in Social Communication with honours in Advertising, bringing to the table a decade of experience in the advertising and online gambling industries combined. Moretto was also directly involved in a Child Gambling project in the UK, which was discussed with several MPs to bring forward legislation changes to protect children. He has reviewed thousands of online casinos, slots and casino games and he definitely knows his way around bonuses, payment methods and trends. This casino enthusiast is an Editor at NewCasinos.com on a mission to reveal all the secrets of the industry with in-depth and unbiased reviews. Moretto aims to educate new and seasoned players about the risks and rewards of all new casinos, their bonuses and features to help players make better-informed decisions.More info on G. H. Moretto