Neteller service is available in more than 180 countries. It is an e-wallet that lets people make money transfers and withdraw money. Neteller is also occupied with handling gambling payments online.
Neteller provides the opportunity to make an account on their site and link your debit/credit card and bank account to it, as well as use other methods such as POLi, Giropay, Direct e-Banking and iDEAL.
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How it works
When you sign up on the site, you get a 12-digit security code. Whenever you want to buy something online, you have to enter this code.
Specifications
Neteller has a special Neteller Card that is now a MasterCard debit card. They also changed the name to Net+. Prepaid debit cards are offered. Neteller attempts to prevent fraud by generating different card numbers for individual transactions. Fixed card numbers can be an easy target to frauds. But this system is more secure. The virtual number cannot be used twice.
Currencies available on Neteller are USD, EUR, GBR, NOK, DKK, JPY, HUF, CAD, SEK, AUD and PLN.
Creating account/purchasing card
Neteller have made the process of registering simple and fast, with explanations available at every step. Neteller’s provide straight forward steps and a sense of humor when giving details about your account.
You will be asked to provide your name, street address, country of residence and the account currency. You need to consider which currency suits you best. Perhaps you are aware that exchanging currencies has fees.
Apart from entering these personal details you also need to provide your date of birth, gender, phone number and email address.
Upon registering you will be given a 12-digit code that you will use to pay for items online. Make sure you keep this number safe as you will need it for every money transfer you make. This is pretty much like the PIN of your credit card.
Now that you are done with these steps, you can finally transfer money to your Neteller account and start using it right away.
Making a payment with Neteller
Making a payment with Neteller is easy and fast. On the merchant’s site, choose Neteller as your preferred payment method. After that follow the instructions. You will be asked to provide your 12-digit number.
Withdrawing money with Neteller
If you have money in your Neteller account that you wish to withdraw, you have a few options. The first one is to make a bank transfer. In a word, you have to transfer the money into the bank account you linked to your Neteller profile. It may take two to five business days to receive the money.
The second option is using your Neteller prepaid card. The only trouble is, only UDS, EUR, GBR currencies are accepted. Practically, this is the cheapest way to convert your online money into cash.
The last option is to ask Neteller to mail you a check. Delivery depends on the country you live in. Normally, it shouldn’t take more than a week for the check to arrive. However, you need to know that there is a minimum amount that can be mailed. It is €20.
Advantages of using Neteller
- You get a bonus for registering on Neteller.
- You receive a number that provides for a more secure money transfer.
- You can access the site from any destination of the world.
- Using Neteller is fast and easy.
- Your money is safe with Neteller.
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