What is Neteller?
Neteller is an e-money transfer service that is used to transfer money between individuals and merchants. It is very similar to other e-wallets providers such as PayPal and Skrill.
Funds in Neteller accounts can be transferred between accounts online, but it is also possible to withdraw funds directly using a card, known as the Net+ card.
It is common for Neteller to be used to transfer money between forex trading sites, social networks, crypto sites and importantly for us – processing payments for gambling.
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.
