New Euteller Casinos

Euteller IconEuteller is an online payment service provider based out of Finland. It was founded in 2007, and today offers a secure and reliable payment option to more than 3 million people. This is a payment method that has a reputation you can trust. Not trying to sound like a used car salesman, but seriously. Since they started operating they have moved over a billion euros for their customers. The service is the leading online payment service provider in Finland. It allows customers of the 8 major banks in Finland to transfer funds instantly to online merchant and directly from their internet banking.

The appeal of this payment method is that it acts as an intermediary between the bank of the customer and the bank of the merchant. Like other payment methods, Euteller receives payment confirmation from the user’s bank and passes that onto the merchant’s bank. This is especially appealing to players depositing with online casinos, because they can send money via Euteller without having to give an online casino any of their banking details. All of this can be done without making an account or registering. The player completes the transaction through a portal to their existing internet banking, using their existing credentials.

Short Facts

Company Name: Euteller
Company Name in the UK: Euteller
Slogan: –
E-mail: support@euteller.com
Website: www.euteller.com
Supervised by: Financial Supervisory Authority of Finland
Transaction Time: Instant
Min Transaction: 0 GBP – some online casinos will set a minimum
Deposit Fee: 1,95% for making an online payment from your own bank account with Euteller
Established: 2007
Established in the UK: –
Address: P.O.Box 251, 20101 Turku, Finland
Phone Number: +358 (0) 400 564008
Company Number: –
Security: Automated AML- and fraud controls
Currencies: Euros
Max Transaction: Set by bank/casino
Withdrawal Fee: Cannot make withdrawals

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Main Markets and Currencies

The payment service is predominantly used to process online payments from a customer to a merchant. Since the merchant needs to have registered with the service, it is impractical to use this service for P2P and B2B transactions, and it is only intended for internet banking payments. It can’t be used offline or at any points of sales. Most transactions completed with this service are going to be for digital and virtual goods.

The service is only used with Finnish banks and as you would expect the only currency supported is the euro. Conversions, to other currencies, will be made by the merchant’s bank.

Areas of Use

Euteller can be used with these 8 Finnish banks: Nordea, S-Pankki, Aktia, Handelsbanken, Danske Bank, Lâhitapiola, Sampo Bank and Bank of Åland. It is used by a modest number of online casinos based all over the world. The payment method is the go to for attracting Finnish players.

How it Works

Euteller basically intermediates the communication between your bank and the online casino’s bank. When you confirm your deposit amount through your internet banking, Euteller receives this information and deducts the appropriate funds from the bank you are using. Euteller then pays the online casino instantly. This speeds up the transaction, and it also protects your data, because you are not paying the online casino. You are paying Euteller, and they are paying the casino. This service can also be used on mobile devices, and tablets. Anything with a web browser that can connect to your internet banking.

How to Make a Deposit

To make a deposit with Euteller you need to go into the deposit section of your online casino and select it from the available depositing methods. You will then select your bank from those listed, and Euteller will redirect you to the bank via a web portal. Now log in with your internet banking credentials and follow the prompts to authorize the transaction. There is no need to make a account, just fill in the required info and press confirm. The money will be available within 5 minutes. There is a 1,95% fee for making a deposit with Euteller. Typically, the online casino won’t add on to this fee.

How to Make a Withdrawal

It is not yet possible to make a withdrawal with Euteller. Knowing this, you should ensure that you can make a withdrawal with your planned payment method. A lot of casinos won’t allow you to do this unless you have also made a deposit with the same method.

Thumbs upAdvantages:
– The instant transfer lets you get straight to gaming. You are not waiting around for money to slowly make its way to your bankroll.
– You don’t need to give the online casino any of your credit or debit card details. This is a great way to protect yourself from fraud and is just a good practice when dealing with casinos of varying reputation.
– You can use Euteller to fund credit and debit cards. This is especially useful because you often need to withdraw funds with the same card you used to deposit. First funding a card with Euteller, using that card to deposit funds, and then withdrawing to that card is a great way to get past the inability to withdraw to Euteller.

 

Thumbs downDisadvantages:
– There is a 1.95% fee to use Euteller to fund a casino. This is a competitive fee, but we would still rather it wasn’t there.
– You can’t use Euteller to make withdrawals. This can make things really difficult, and you might end up giving you credit can details to the online casino anyway, which was what most players were using the service to avoid.