Neteller is a digital wallet and online payment platform run by Paysafe Group Limited – the same company who own Skrill (a similarly popular e-money service). Alongside Skrill and PayPal, Neteller is one of the most popular payment methods among punters, with plenty of card options available and high speeds ensuring for fast, smooth, simple transactions. Neteller also has a good reputation when it comes to security too, with thousands of happy customers willing to leave money in the company’s capable hands and facilitate their transactions to betting sites.
Here, we’ll take a closer look at Neteller, including the origins of the company, what services they offer, how to operate an account, and the pros of picking Neteller as a payment method for your online betting needs. And, of course, provide a list of the bookmakers who accept it.
Neteller has been around for a while, founded way back in the 1990s and officially launching across the world just before the beginning of the new millennium. Neteller has remained a particularly attractive option for online betting enthusiasts ever since, largely due to the rapid-speed transactions that are processed in real time. The service is available in as many as 15 different languages, with payments possible to a wide variety of different countries across the world.
There are fees involved when it comes to certain transactions, but for the most part these tend to be quite low. If you’d like to pump money into your betting site using Neteller by means of a bank transfer, you’ll often be charged nothing at all.
The service also offers their very own Net+ card – which is essentially a MasterCard that gives loyal customers quicker ways to access, transfer, withdraw, and deposit cash from (and to) all kinds of nations.
To use Neteller, customers must register for an account first – which is free to do and very simple. Once this is complete, Neteller can be used to transfer money to and from betting accounts straight away. There are charges involved when it comes to transfers and overseas transactions, which range between 1-7%. However, international bank transfers are free.
In order to keep up preventative security measures and ensure the very best levels of safety, Neteller will ask customers to verify their account at some stage, usually before their first withdrawal. This simply involves answering a certain set of questions and proving your identity. After an account has been verified, withdrawals can be made whenever desired. Fees apply from time to time.
Neteller is considered to be one of the most trustworthy payment platforms available, with teams working 24 hours, 7 days a week to ensure the best levels of security.
It’s completely free to register for a Neteller account, meaning you won’t have to spend a penny to log on and use the service.
With dozens of partner facilities, Neteller can be used for online betting and a wide variety of other transactions too. These partner facilities include Skrill (unsurprisingly), Visa, and many of the major international banks.
For loyal, high-spending members, Neteller offer a special VIP account that provides a number of additional benefits, including: