What Is Neteller?
Neteller is one of the most commonly used online payment systems in the world. It is a particularly popular solution for online casino players. Neteller is an eWallet service with which customers own an account into which they can pay money to fund online transactions in exchange for goods with third parties, or into which third parties can pay funds. This makes it ideal for the online gambling world.
Neteller is based in the Isle of Man and is subject to the rules and regulations of the Financial Services Authority (FSA). This means that Neteller must keep all the funds from customers accounts in separated trust accounts, and be able to pay out the balances at any time if required.
Neteller is an ideal way to manage financial transactions with your online casino, sportsbook or slots account for several reasons:
- It is totally secure – you will not need to share your bank details with your casino
- It is quick – money will be instantaneously transferred to your casino account
- No credit option – so no risk of spending more than you can afford
Neteller is a listed business in the UK and is owned and operated by Optimal Payments PLC. The company has millions of customers across the world.
The following casinos accept Neteller.
Where Can I find a Casino That Accepts Is Neteller?
10 Extra Spins – NO DEPOSIT100% Up To £100 + 100 Extra Spins on 1st Deposit
18+, Ts and Cs APPLY – Minimum Deposit £20
100% Extra Up To £100 And 50 Extra Spins
18+, Ts and Cs APPLY – Minimum Deposit £10
How Do I Make a Deposit With Is Neteller?
To start using Neteller as your online payment method you will first need to set up an account. This is relatively quick to do throught their website. You will be required to enter personal details including name, email, address and date of birth. You should also include the details of your bank or credit card which will be the primary funding source.
You can fund your Neteller account with normal debit and credit cards, online bank transfers, as well as other eWallet services.
Once your account is set up you will receive a Neteller Account ID and Neteller Security ID which you will need to carry out any transactions.
To then make a deposit into a casino account follow these steps:
- Log into your casino
- Go to My Account and Make a Deposit
- Choose eWallets from the list of options, and then Neteller
- Then enter your Neteller ID and Security ID
- Choose the amount to deposit and currency, and click Deposit
Funds will appear in your account instantaneously, and with no fees.
How Do I Make a Withdrawal With Is Neteller?
To make a withdrawal to a Neteller account many casinos first require that you have used the same Neteller account to make a deposit.
When you are ready, just log onto your casino, choose Withdraw, and then eWallets and Neteller. Then enter your IDs and choose the amount to withdraw. Then you are good to go.
To make a withdrawal from your Neteller account you will first need to verify your identity to Neteller. To do this you must provide valid ID documentation, including photo ID. You can do this through their website.
What are the Advantages of Using Is Neteller?
Neteller is the payment system of choice for many casino players for its ease and simplicity. You can make a deposit and withdraw with just a few clicks. And on top of that, you don’t have to worry about sharing your bank details – the only information that the casino needs is your Neteller ID and your security ID.
What are the Disadvantages of Using Is Neteller?
There are few disadvantages to the Neteller system, which explains its popularity. By and large it’s a very good system, though perhaps the sign up process is quite cumbersome in the first place, once its done, you won’t have to go through it again.