A common payment method that is appearing more frequently amongst online casinos is the e-wallet payment method, Neteller. In this article, we look at Neteller-accepting online casinos and look in the payment method in more detail.

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What is a Neteller and Why Use it at Online Casinos?

Neteller is an e-money transfer service that is used to transfer money online between individuals and merchants, making it very similar to other e-wallets providers such as PayPal and Skrill. Since launching in 1999, it has gone on to become of of the most trusted e-payment options and has allowed millions of online transactions to have taken place.

It is also one of the most popular alternatives to traditional payment options such as Visa and Mastercard, and can offer additional security benefits, higher payment limits and instant withdrawals.

But let’s look at Neteller pros and cons in more detail.

Neteller Casino Pros & Cons

If you are considering using Neteller as a banking option, you are going to want to be aware of both the advantages and disadvantages of the payment option.

Pros

The advantages outweigh the disadvantages of using Neteller at online casinos. Let’s have a look why:

Safety

Neteller uses industry-leading security protocols to ensure that your personal financial details are kept safe and will never be revealed to anybody else.

Speed

All deposits made using Neteller occur instantly, and you can be playing within 60 seconds of pressing deposit! And even with withdrawals, Neteller withdrawals are faster than most other payment options, allowing you access to your own money sooner.

Convenience

Signing up for a Neteller account is quick and easy, but it doesn’t end there. When you visit an online casino and try to deposit via Neteller, all you need to do is use your login details and then determine how much you want to deposit. No need to keep re-adding your bank card details each time!

Privacy

Although we’ve already mentioned that your financial details are kept safe, Neteller transactions ensure that personal details are never shared between both parties involved in a transaction.

Cons

Of course, there are downsides to all payment options. Here’s what to look out for with Neteller:

Fees

Neteller needs to make money to remain a viable business. Therefore, with every transaction in which you deposit money, you will have to pay a small amount of money. This is a charge from Neteller, and there may be additional fees from very-selected casinos.

Bonus Restrictions

You are probably aware of no deposit free spins and no wagering free spin offers. But in many cases, Neteller is not a payment method that can be used. This is partially due to the privacy element of Neteller and can bonus offers can be abused in some situations.

Online Casino Neteller Deposits

The first thing to ensure that you can use Neteller as a deposit option at your favourite online casino is to register for an account. After that, you need to ensure that you have funds available ready to deposit, or you have connected a viable payment source – such as a debit card or bank account.

Once you have done the above, go to your online casino and the cashier section. When it comes to choosing your method, select ‘Neteller’ and log in to your Neteller account. Here you can select the amount, and expect to fund your account immediately.

Neteller Minimum Deposits

The minimum – and maximum – deposit levels when using Neteller as a payment option will vary depending on the casino you use.

When following the options listed above, you will be made aware of what you can – and can’t – deposit in a single transaction.

Online Casino Neteller Withdrawals

Making a withdrawal is the same method as making a deposit. Simply head to the cashier section of the casino and select withdraw. Here you can then choose how much you wish to withdraw and then start waiting to receive your funds.

Before making a withdrawal request, make sure that you have verified your personal ID by submitting the selected personal documents required.

Neteller Withdrawal Times

One of the benefits with e-wallets is that they tend to be subject to faster withdrawal times. However, the total time will be determined by the online casino, and will typically take anywhere between 2-5 days in total to receive your cash.

Safety & Security with Neteller

Throughout this article, we have referred to the financial safety that is synonymous with Neteller.

This is because Neteller provides businesses and customers from fraud and identity theft due to industry-leading security and fraud protection tools.

Generally speaking, this means that any payments made or received via Neteller are not going to share any of your personal banking information, and any personal information will be made apparent before a transaction occurs.

In addition, you can be sure that all actions have been put in place to prevent anymore making transactions or withdrawing money without you knowing. Ideal advantages that make this suitable to use at online casinos.

Neteller Alternatives

There are many payment options available for online casino players, with many similar alternatives to Neteller. Let’s have a look at what’s on offer:

Skrill

Skrill is an e-wallet option that is accepted by most of the well known online casinos and bookmakers. You can deposit money without ever having to reveal your personal payment information.

Learn more about Skrill casino sites.

ecoPayz

ecoPayz is an e-wallet option available in over 40 countries worldwide. It is also possible to use ecoPayz as a debit card, called ecoCard.

Learn more about ecoPayz casino sites.

PayPal

As one of the most well-known e-wallet sites in the world PayPal is a common payment method that is accepted by online casinos. If an e-wallet deposit option is available, it’s likely to see PayPal present.

Learn more about PayPal casino sites.

WebMoney

WebMoney is a universal payment option available in many currencies worldwide. It is less common among online casinos, but still available at selected sites.

Learn more about WebMoney casino sites.

Neteller’s Advantages for Gambling Sites

Neteller is one of the world’s most popular online payment methods and offers a wide range of benefits for both players and gambling providers. It is popular because of how quick and easy it is to process transaction – with zero fees – and customers are protected by the company’s security measures.

Claiming Bonuses & Free Bets With Neteller

When you sign up to a new online casino, there are often opportunities for players to claim a welcome offer, usually in the form of free bets, cash bonuses or other promotions.

However, it is important to check the T&Cs of these promotions when using Neteller. Historically, it has been easy to create multiple accounts on betting sites using Neteller, abusing the bonus system that they offer. Therefore, some online casinos will not allow you to claim bonuses and free bets when using this e-wallet option.

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