The Canadian based company Neteller was founded in 1999 and since then has evolved into one of the most efficient, convenient and secure methods of carrying out online money transactions. Widely used to make purchases from online stores, social networks and web-based gambling operators, it allows customers to not only deposit their money but also withdraw and transact them with ease to their bank accounts. Today Neteller is one of the most popular e-wallet providers in the world serving millions of customers in an astonishing number of countries.
It’s easy to explain the company’s success, especially when transacting money to and from web-based casinos accounts is concerned. The company is said to be one of most popular payment methods accepted by a staggering number of online casinos throughout the world. When it first began processing gambling payments in the year of 2000, Neteller was the payment method of choice in about 80% of the web-based gambling operators in the world and much of its revenue was derived from such transactions till 2007 when the company exited the US gambling market.
Neteller is the payment processor for players who demand security, efficiency and fast transfers. Depositing money into one’s casino account and withdrawing them is easy and convenient but above all safe as Neteller employs up-to-date security features and tools. What makes it even more appealing is the fact transactions are carried out in the quickest manner possible and require just minutes to perform. You can create a Neteller account in 25 major currencies while the processor services 200 countries throughout the globe.
Creating a Neteller Account
In case you want to use Neteller as a payment method to deposit money or withdraw your winnings from online casinos, you can rest assured there’s nothing easier than that. All that’s required for the purpose it to enter the company’s official website and register to create an account. Thankfully, the process is exceptionally quick and painless as it requires only minutes to complete.
Once players open the Neteller registration form, they need to fill in some personal information such as name, e-mail address, phone number and choose the currency they wish to use for their online money transactions – currently there are about 25 different currencies to choose from, including NOK, SEK, AUD, JPY and GBP to name a few. Of coarse players should choose carefully and opt for the currency they use most frequently for online deposits as once selected, their account’s currency is impossible to change.
When you complete your registration, an email will be sent to the address you’ve provided, containing your personal Neteller ID and password so that you can verify your account. What makes this service even more convenient is the fact there is no need to wait for your account to be verified – It’s ready to use immediately and what’s more, customers can link their bank accounts with their Neteller IDs upon verification.
However, players should not forget to read in detail the Terms and Conditions section, posted on the website as there is a list of countries completely excluded from the service. In ten other countries including Macao, Canada, Singapore, Hong Kong and Turkey, Neteller’s services are limited so be wary of that too. Online gambling is restricted in the aforementioned countries and Neteller transactions to and from web-based casinos are not permitted.
As for security there are no reasons for concern since the company’s policy is never to disclose any personal and financial information about customers to third parties.
Neteller also gives customers the choice of using award winning prepaid cards to make purchases or deposit money in online casinos. Using the Net+ Card offers a number of advantages. These cards, for instance, are available for registered members exclusively and can be used in over a hundred countries in 8 different currencies. The Net+ comes in the form of plastic or virtual cards and as it’s prepaid it’s totally safe to use for online purchases or casino deposits. The plastic card allows customers to deposit money in any web-based casino where the Mastercard is accepted.
An additional advantage results from the fact there are absolutely no monthly or annual fees imposed on the prepaid Net+ Card. If the card remains dormant for a prolonged period of time, rest assured no fees will be deducted from your balance.
The Net+ Card is secure as there’s no need to provide information regarding your bank account or credit/debit card number. Besides the card’s chip and your PIN number are encrypted for optimal privacy and safe online purchasing.
As soon as you’ve registered with Neteller and verified your account, it’s immediately linked to your credit/debit card or bank account. Now you can use your Neteller account to deposit funds in a variety of online casinos that accept it as a method of payment. All you need is a sufficient amount of money in your account basically.
But before that, it would be a good idea to enter the website of your favourite UK casino and select Neteller as your preferred method of payment in the Cashier’s menu. Then specify the amount you wish to deposit into your online casino account and enter your Neteller ID. Neteller transactions are carried out instantly which enables you to quickly join in in a number of online gambling activities.
Cashing out one’s winnings from online casinos using Neteller is just as quick and simple as funding one’s account. The procedure closely resembles the steps you’re required to go through when making a deposit in your casino account.
Visit the online casino’s website and log into your account. Then again you should select Neteller from the Cashier’s menu as the withdrawal method of your choice. If your Neteller account is already linked to your bank account the money transfer will be instant.
In case you’re using a Net+ Card, withdrawal might take several days but still it really is worth it as the Net+ is not only exceptionally secure but charges minimal fees for cashing out your money from online casinos.
Remember, players using Neteller are allowed to cash out their winnings only twice a day.
One of the greatest benefits of using Neteller as a payment method is that it charges quite reasonable fees for transactions. In fact this is the biggest advantage Neteller has over their rival, e-wallet provider Skrill.
There are a number of different ways to fund one’s Neteller account, however, transaction fees for deposits do not exceed 7% of the sum you’ve loaded. Of coarse the amount varies from bank to bank, it all depends on which bank you’ve opened an account with. As far as bank account and cheque withdrawals are concerned, fees start at €7,50 and reach up to €25. For wire transfers a sum of €10,50 is charged while paying online with Neteller comes for free.
Another thing to keep in mind – if players’ Neteller accounts remain dormant for a period of 14 months, a small administrative fee is imposed upon them.
As previously mentioned, Neteller is among the safest payment methods online. The company follows strict security and privacy policies and employs the best tools to protect its customers from frauds, misappropriation and identity theft.
Neteller works with a number of reliable identity verification systems to ensure your identity and account are fully protected. In addition, your account is encrypted with a 256-bit code and protected by several firewalls. Thus, the risk of fraudulent chargebacks and unauthorised transactions from one’s account is reduced to an absolute minimum.
Additionally, the company’s transactions are processed through reliable gateways and in case any fraudulent activities are at hand after all, customers are indemnified fully. As only their Neteller ID is displayed whenever a transaction is made, players can deposit and withdraw money from online casinos anonymously.
Both the sender and the recipient of the sum are notified by email when a transaction is complete.
Advantages of Using Neteller
It’s easy to see why Neteller is so popular with online casino players. For one it’s among the easiest and most low-cost options to pay for purchases online, not to mention the number of online stores which use it as a payment method is rather impressive. What makes it so convenient and popular among players around the world is the fact there are no fees imposed on transactions to and from online gambling operators which makes it the best alternative for depositing money in one’s casino account or withdrawing one’s winnings. Even if you’re using a credit or debit card to play online, you’re only charged with a relatively reasonable fee for transactions.
Let’s not forget how reliable Neteller is which is yet another major advantage of using it as a payment method. As mentioned above, customers’ accounts are encrypted with a 256-bit code and are protected by several firewalls which makes it nearly impossible for malicious individuals to steal your identity or withdraw funds from your account. Each user has their own personal PIN and ID, displayed while using the account which allows for anonymity as no information regarding personal names, phone numbers and bank account numbers is revealed.
In addition users receive notifications on the email associated with their Neteller accounts as soon as a transaction has been made. Another convenience Neteller has to offer stems from the fact you can send money to people who don’t necessarily have an account with this money processor – basically all that’s required for the purpose is the recipient’s email so they can be notified when the transaction is complete.
Another major plus of Neteller is that depositing money in online casinos and withdrawing winnings takes only a few minutes. Their customer service is also worth mentioning – whenever there’s a scheduled maintenance, it’s always announced on their website beforehand to avoid causing inconvenience to users.
Disadvantages of Using Neteller
There are only few disadvantages of using Neteller’s services that are worth mentioning. The fact it does not service a number of countries could be considered a serious setback by some players. On the other hand customers in countries like Singapore, Macao, Turkey and Hong Kong, where online gambling activities are prohibited, are not permitted to use Neteller to deposit or withdraw funds in online casinos.
In addition monthly withdrawal limits are rather low, while players can cash out their winnings only two times per day. In order to withdraw larger amounts of money one is required to use the VIP service which also offers discounts on deposit and withdrawal fees. The VIP service allows for higher daily withdrawals ranging from $1,000 per day for the bronze and silver VIPs to $3,300 a day for the Gold, Platinum and Diamond VIPs.
Depending on the method you’ve opted for to load your Neteller account, the withdrawal fee may reach up to €25 which is especially valid for bank drafts. Some players consider this a major disadvantage.
UK Casinos with Neteller
An impressive number of online casinos in the UK use Neteller as a method for depositing and withdrawing money from players’ accounts. All it takes is selecting Neteller as a payment method in the respective casino’s Cashier menu. Of coarse, before starting an account with any online casino one should familiarise themselves with the Terms and Conditions to better understand its policies and find out what bonuses the casino offers upon depositing money to play with.
UK players can fund their accounts or withdraw their winnings using Neteller from the following casinos.
Royal Panda, an amazing casino that went online in 2014, is very popular among players. Its success partially results from the fact it was created by professionals with years of experience in the online gambling market. It stands out with transparency, easy-to-use interface and appealing jackpots and bonuses.
This web-based casino features a very diverse bulk of games, the majority of which are powered by two of the most successful gaming software providers in the world – Net Entertainment and Microgaming. So what’s on Royal Panda’s list of games? It’s so extensive we don’t know where to begin. The online casino offers a diversity of slot machine games, many of which are based on popular TV shows, motion pictures and other brand names like Jurassic Park, Avalon, Playboy and of coarse the latest additions to this already impressive list of slots – South Park, Aliens and Jack Hammer. Slot lovers can choose from a mouth-dropping number of more than 200 different games, most of them powered by the software giant Microgaming.
Net Entertainment on the other hand, supports most of the table games Royal Panda has to offer which is a sure indicator of high-quality and realistic gaming experience. There are several types of traditional games like roulette and blackjack, baccarat, Red Dog and Oasis Poker. But let’s not forget the amazing bonuses players are rewarded with. As soon as one registers with Royal Panda, they receive 10 spins on a virtual slot machine of their choice prior to funding their accounts. Once a deposit has been made, players are up for a 100% bonus equal to £100.
In order to participate in the fun and play for real money, sooner or later one is required to make a deposit to fund their Royal Panda account. You can conveniently do so using secure e-wallets like Neteller and Skrill, Visa Electron, Maestro and Mastercard or PaySafeCard vouchers (applicable for deposits only). Withdrawals allowed per day are limited to up to £5,000. The most frequently used payment methods to cash out winnings include bank transfer, Visa/Visa Debit/Visa Electron, Skrill and last but not least Neteller.
Casino Cruise is another leading online gambling operator, suitable for UK players and Neteller is only one of the many paying methods to deposit or cash out money from your account there. It went online in September, 2014 and since then has quickly become extremely popular with gambling enthusiasts from around the world.
What sets it apart from other online based casinos are its cruise ship slot themes (as the name itself suggests), the tempting bonuses and most importantly – its exhaustive portfolio consisting of 600 different games, powered by the industry’s best gambling software providers Net Entertainment and Microgaming. The site design is quite impressive as well.
Some of the most popular games players are able to enjoy there include various card and table classics like baccarat, blackjack and roulette as well as different types of video poker like All American and Deuces Wild Poker. In case players are willing to participate in some live action they can easily do so as Casino Cruise also provides a range of 24/7 live blackjack and roulette games.
Upon registrations a welcome bonus amounting to £1,000 and 100 free spins on the slots awaits you. Players can use different methods to deposit money and fund their accounts and Neteller is one of them. Prepaid cards like Ukash, e-wallet Skrill and Mastercard are also convenient deposit options.
EuroGrand is yet another online operator where UK players can place their bets or roll the dices. It is fully certified as it has obtained licenses from the Gibraltar and the United Kingdom authorities and offers good payout conditions and an adequate customer support. Open since 2006 it’s one of the most successful online casinos on the web and is available in most countries, especially in Europe. The software EuroGrand uses is supplied by the pioneers at Playtech so you can be confident you’d find more than a few quality games on their website.
One of the biggest advantages Eurogrand has to offer is the ability to play games in instant play mode without downloading and installing any software. There are over 70 options to choose from – a number of blackjack, roulette and arcade games as well as virtual slot machines such as the classic comics-based staples The Incredible Hulk, Iron Man, Captain America and many more.
Eurogrand provides some nice welcome bonuses to all players who sign up on the website. Their policy is to offer 25 free spins on the slots and a 100% bonus on players’ first deposit. To deposit or withdraw money into your Eurogrand account you can use Neteller, Citadel, Visa, Mastercard, Click2Pay, Clickandbuy and many more. Regular bank transfers are also accepted.
Betway is one of those web-based casinos that will impress even the most fastidious players. Enthusiasts from around the world, including those who reside in the UK, are welcome to join and partake in the live or virtual games supported by Microgaming. What’s more – the renowned software developer provides new releases for the online casino each month, while the list of games on Betway’s website continues to expand and has now reached over 500 different options!
Licensed by the Maltese government, Betway has one major advantage over other online casino operators. Well, apart from the staggering number of games that exceeds 500, players can register on the website without making any deposits into their customer accounts which happens to allow them to pre-test the games without playing for real money. However, making a deposit within the next seven days of registration is obligatory. Downloading and installing the Betway software is also free of charge.
Some of the games available on the Betway website are roulette variations like America, European and French Roulette Gold, different types of blackjack, 400 slot games, craps, bingo and baccarat. Of course, players can receive appealing bonuses on their first, second and third deposits and enjoy a number of promotions each and every week. A minimum deposit of $20 is required if one decides to play for real money.
If interested, UK players can also opt for 32Red – another web-based casino, available in the United Kingdom. Licensed by the Gibraltar’s government, this online casino is also on the Gibraltar Betting and Gambling Association’s list of members which make it a secure and reliable option for players.
32Red offers a variety of high-quality games, the majority of which are powered by Microgaming but they work with a number of other reputable software developers as well. What to expect from 32Red? Over 300 virtual slot machines, a variety of online roulette and blackjack games, baccarat and dice games like craps. If you decide to join 32Red, know you’re in for a number of tempting promotions and bonuses! Upon registering, players receive a bonus of £10 to play with without having to deposit any money into their accounts.
Another benefit of playing at this online gambling operator is the sky-high withdrawal limit which reaches an overwhelming amount of £120,000 per day! You can deposit funds into your account or cash out your winnings with various payment methods. Besides Neteller, deposits and withdrawals are conducted via PayPal, Mastercard, Skrill, Visa, Maestro and Click2Pay.