Neteller is an e-money transfer service that offers digital payment solutions. The company was founded in 1999 in Canada. Since 2015, it’s been a part of a global payment processor, Paysafe Group, alongside Skrill and Paysafecard.
Neteller’s pay online service allows instant payments to thousands of websites, while money transfer enables fast money transactions worldwide. Pay online is an easy and secure way to make various online transactions without using any credit or debit cards. The only thing you need to do is register an account and fund the Neteller account. You can use this eWallet whenever you want.
You can select many different ways to deposit money into your account: other eWallets, prepaid cards and vouchers, specific local payment methods, credit and debit cards, and bank transfers.
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Neteller Explained
Instant money transfer service helps users send money from their Neteller account to friends and family. The only thing you need to make this transaction is the email address of the payee. If the recipient doesn’t have a Neteller account, they will receive an email to register through a few easy steps.
This method also offers a direct money transfer service to a bank and mobile money account without any fees. This service is available through Skrill, another subsidiary of the British Paysafe Group. You can also use your free Skrill account to transfer money to your Neteller account.
Neteller has prepaid cards, Net+Prepaid Mastercard, and Net+ Virtual Prepaid Mastercard. Net+ cards operate on the Mastercard platform. Net+ Prepaid Mastercard is a physical card you can use for online and in-store purchases or get cash from the ATM.
You can access your Neteller account through a browser, but you can also download the app from the App Store and Google Play. The app helps you manage the balance, track all transactions, deposit, send, and receive funds, make online payments, and withdraw money at your convenience.
One of Neteller’s added values is the option to buy and sell cryptocurrencies from its free account. You can buy crypto using more than 100 alternative methods and 28 fiat currencies.
How to Deposit via Neteller
Visit the cashier section of the online casino website. Select Neteller as your depositing method, pick an amount you want to add, and provide your email address.
Enter a 16-digit Neteller account number and security ID. Then, confirm the transaction, and the money will be instantly credited to your player balance.
How to Withdraw with Neteller
To cash out the winnings, visit the cashier or withdrawal section, and select Neteller as a withdrawal method. Repeat the same procedure as when you were depositing funds.
Select the Netteler, pick the amount, and request the transaction.
Be aware that some live casinos won’t allow you to withdraw funds with Neteller.
If you used this method to fund the gambling account, most online casinos would allow you to make a withdrawal the same way.
Transfer Times, Fees, and Security
Most casinos don’t charge Neteller deposits. However, there are exceptions, so check the Terms & Conditions if the casino hasn’t written any information in the deposit section.
This system charges a 2.5% fee for depositing funds into the account, whichever payment method you choose.
For the Neteller account withdrawals, you will pay a $10 fee for bank transfer, $12.75 for member wire, while money transfer is charged 1.45% (min. $0.50).
If your transactions involve a currency conversion, be aware that Neteller adds 3.99% to the average daily interchange fees published by a 3rd-party foreign currency provider.
For Net+ Prepaid Mastercard, Neteller charges a 2.5% fee and a 3.99% currency exchange fee. The yearly fee for using the card is $10. The virtual version of the card is free the first time. The next time you order the card, you will pay €2.50, $3, or £3.
Neteller deposits are instant, but you will usually wait 1-2 business days for funds to appear when it comes to withdrawals.
Neteller uses the latest anti-fraud technology and security features. But, be careful not to share your account ID, secure ID, or password with anyone. Also, make sure to use the latest version of the browser. You can request two-step verification as an additional security measure that includes a one-time code sent to your phone. So, besides an email, you will need to enter this code when you pay online.
FAQs
Neteller is a digital wallet (eWallet) that lets you pay, send, and receive money online safely and quickly.
Yes, many online casinos accept Neteller for both deposits and withdrawals.
Deposits are instant. Withdrawals usually take 1–2 business days, depending on the casino’s processing time.
Neteller charges 2.5% for deposits. Withdrawals have different fees, and currency exchanges add 3.99%. Casinos may charge extra, too.
Yes! You can manage everything through the Neteller app on Android or iOS, or simply use your browser.
Yes, it uses strong security and anti-fraud technology. You can also add two-step verification for extra protection.
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