Neteller Casinos

Neteller LogoNeteller is an e-wallet service part of the British company Paysafe Group Plc. They also own Skrill and paysafe card, two other major online payment services. The company originated in Canada in early 1999, and stayed there, until in 2004 they moved to the Isle of Man. In 2015 Paysafe Group Plc became a dominating force in online payment services when they bought Skrill Limited, another very common payment service used by gamblers and casinos all over the world. Today, 100’s of new casinos use Neteller as one of the main deposit method.

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 loaded directly from banks accounts, credit and debit cards, along with 40 other payment methods.

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Main Markets and Currencies

Deposit Via NetellerToday Neteller accounts can be set up in 26 major currencies, and their financial services span over 200 countries. Only a few countries like Afghanistan, China, Cuba, Eritrea, Iran, Iraq, North Korea, Kyrgyzstan, Libya, South Sudan, Sudan, and Syria, aren’t supported in case you were wondering. Their services are commonly used for online shopping, insurance pay outs, video game trading, paying freelancers, and of course online gambling.

In 2000, Neteller processed payments for 80% of the world’s gambling merchants. 95% of the firm’s revenue at that time was derived from fund transfers to online gaming firms. While their market share have diminished significantly due to many new competitors, Neteller is still one of the major payment providers. The firm exited the United States in 2007 and froze all American accounts and that seriously impacted the firm’s reputability in the American market. They have a much better reputation in Europe and Canada. This exit was mostly a result of several restrictions placed on Neteller by the US government. Having Skrill and PaySafe Card under the same umbrella make us assume that the market share is about to rise significantly in 2017.

Area of Use

How To Use Neteller On A MerchantNeteller is used for all types of online payments. In the case of new Neteller casinos, it is normally used to avoid waiting days for transfers or to avoid paying credit card fees and currency conversion fees. Online shopping is slowly but surely adopting this payment method, but it is much more widely accepted in online casinos then retail.

How it Works

How To Sign In At NetellerIt is really simple to create a Neteller account, you just have to go to their website and fill in the necessary forms. It takes only a few minutes and after that you will receive a confirmation email. Once you have confirmed the email you will be able to deposit money into your Neteller account from one of the 40 payment methods. You can now pay, send and receive money to anyone and anywhere around the world, even if they don’t have a Neteller account. The most common method to load your Neteller account with money is by using your credit or debit card. Another popular way to transfer cash into the Neteller account is to make a direct deposit from your bank account, either online or by visiting your local bank.

How to Pay or Make Deposits

How To Use Your Neteller AccountGo to you retailer or 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, or your item is paid for. Email confirmation will also be sent; you don’t need to interact with the email. It is there to inform you, and it acts as a receipt. Be aware that at some Neteller casinos players from the UK that choose to make their deposits via Neteller may not be eligible to claim the welcome bonus or any other bonus.

How to Make Withdrawals

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. The casino might charge withdrawal fees, but the amount you elected to withdraw will arrive in your account instantly.

Thumbs upChoose Neteller As A Payment MethodAdvantages:
– Instant transfers
– Supports 26 currencies
– Available in most online casinos
– Available in more than 200 countries
– 40 deposit methods to fund account

Thumbs downDisadvantages:
– Some casinos charge some fees to withdraw money with Neteller payment method.
– Netteler charges a fee when you transfer money to your  account.
– At some Neteller casinos you may not be eligible to some bonuses and promotions when making deposits with Neteller.

Short Facts About Neteller

Company Name:Paysafe Group Plc.Established:March 2000
Company Name UK:Paysafe Financial Services LimitedEstablished UK:July 2002
Slogan:Shop securely, transfer money anywhere in the world, access your funds instantlyAddress:Chivers Way, Histon, Cambridge, CB24 9AD, United Kingdom
E-mail: complaints@neteller.comPhone Number:+44 20 3308 9525
Website:www.neteller.comCompany Number:04478861
Supervised by:British Financial Conduct Authority – FCASecurity:Account ID and Secure ID
Transaction Time:InstantCurrencies:26
Min Transaction:0 GBPMax Transaction:10 000 GBP – 2 000 000 GBP per year
Deposit Fee:0 – 10 GBP Depending on deposit optionWithdrawal Fee: 0 GBP some casinos charge fees