What is Neteller?
Neteller is an e-wallet type of online payment system. Any Neteller user can create an e-wallet in one of many currencies supported by the system.
Neteller is one of the most popular e-Wallet options for gamblers of online casino with real money. It allows instantaneous transactions between the customer and the online casino site. These instant deposits are like credit card deposit except you are not taking the risk of your card details being splashed over the internet.
The fact cash-outs are quicker than bank transfers making this a popular method for regular gamblers. The currencies supported by Neteller are USD, Ruble, Euro, Swiss franc, Krona, Zloty, Pound Sterling, Australian Dollar, Canadian Dollar, New Zealand dollar, Danish Krona, Norwegian Krone.
Neteller is a relatively new but widely popular online payment system used by customers in over 180 countries of the world.
This service is great for Australian players when making deposits to online accounts, however it isn’t so great for US players as Neteller was forced to remove itself from their market as per legislation that prohibits gambling transactions.
For those users who actively use Neteller for their online payments there is a range of rewards which can be redeemed as real money on users` accounts.
Referral programs. If someone brings a new user to Neteller he can get some nice rewards. Yes, these are real money, not smiles or teddy-bear-toys.
It is not only Neteller who can provide you nice bonuses for using it. For example, many casinos accepting Neteller provide the users with 10% bonus for using Neteller.
Advantages of Neteller
- Interest-free payments to poker rooms.
- The Net+ Prepaid MasterCard as a way to make fast withdrawals.
- Ability to instantly create a virtual card for online use.
- Ability to send funds to other Neteller users.
How put money into their e-wallet on Neteller?
There is a whole array of ways in which users can put money into their e-wallet on Neteller:
- Bank wire transactions
- Credit/Debit cards
- Other on-line payment systems such as Giropay, iDEAL, Ukash, Direct e-Banking or POLi.
Experienced users of the system notice that these options and their availability may vary depending on a users country of origin. The reason for this is that Neteller aims to comply with laws of those countries where its users are coming from. And since most of the transaction in Neteller are related to gaming many governments naturally try to regulate it.
How safe is Neteller?
Neteller pays a great deal of attention to user security and privacy. Actually the key security layer which Neteller provides to a user is the fact that there is no link between funds in Neteller eWallet and money on your bank accounts.
But Neteller does more than that. All user transactions are protected by 128-bit encryption as well as constant on-line transaction monitoring by Neteller security team and identity verification.
Neteller managed to get and maintain the status of the company authorized by UK Financial Services Authority (FSA) which means users of this system are protected by British laws and state financial regulation authorities.
How does one increase the limits for Neteller transactions?
To increase the limits the users can simply confirm their identity. Follow the Neteller instructions on how to make a scan copy or photo copy of any document that confirms your identity and then provide it for conformation.
Do online casinos have access to my personal Neteller account information?
Not if you only make deposits by means of this online payment solution. Also, your MasterCard or Visa details will always remain hidden from third parties if you use Neteller.
How long does it take to receive a Net + Prepaid Master Card?
They send the card via airmail, so it can take up to 21 days to receive your card. The terms strongly depend on your location, but usually it takes a lot less than twenty one days.