Of all electronic wallets offered worldwide, I think I can say Neteller is the best known. This is one of the reasons why I recommend Neteller, but even more because you can be sure Neteller offers a safe and secure internet funds transfer service. It’s not for nothing Neteller is one of the top alternative money transfer service providers around the world. Since its inception in 1999, Neteller has been offering safe online transactions and over the years Neteller and the Netent Casinos became inseparable as many of their players have been experiencing the convenience of an electronic wallet (eWallet) in combination with an online casino account.
Neteller is operated by Optimal Payments Limited, which was founded in 1999, the year it started to provide both, businesses and individuals, with an online alternative to traditional payment methods, also known as an eWallet. Over the years this financial service span over more than 200 countries across and a broad spectrum of industries and businesses. One of the main offices is based at the Standard Bank Building in Douglas, which is located in Isle of Man, but this company also has various other global offices in places like England, Canada, Costa Rica, and China. But wherever you are located, you are able to use this fast, simple and secure way to move money online, whatever currency you prefer. As one of the world’s largest independent money transfer businesses, Neteller process billions of euros worth of transactions each year.
What is an eWallet?
Just as a you put money from the ATM into a normal wallet, you can transfer money from your bank account into an eWallet, which makes it a digital wallet. This time without paper money or coins, as your money will be transferred online. Use your eWallet to transfer money fast, simple and secure into your online casino account, although a digital wallet is also perfect to use in the online world where shopping becomes more and more popular and Neteller can also be used to pay for goods or services on thousands of websites. Use your eWallet also to accept payments from individuals or from sites such as a Netent Casino.
How does Neteller work?
As a client of Neteller you will use this service to transfer money from your Neteller eWallet into your online casino account. Paying with your Neteller eWallet is fast and easy, but before you can use this service you have sign up for a personal account. Register for a Neteller account via Neteller.com following three steps, get started, details and confirmation. Once you’ve signed up and all steps where successful, you can transfer money into your eWallet. From that moment you are all set to pay with your eWallet anywhere Neteller is accepted. When it comes to the many Netent Casinos, the chance is very small Neteller isn’t on the list of trustable payments options.
Besides the fact this money transfer service is fast, simple and secure, another advantage of this financial service is the Neteller MasterCard which will be connected to your Neteller account. Though a MasterCard, it’s actually a prepaid debit card, like Visa Electron is one, that uses the MasterCard platform and allows you to make payments everywhere a MasterCard payment is accepted. This could be either online or in a shop, but the Neteller MasterCard can also be used to get money from every ATM machine in the world that accepts MasterCard.
Is Neteller safe?
Neteller has worked hard to become a UK Financial Conduct Authority (FCA) authorised company and holds more than 100% of your account balance in trust accounts, which simply means your money’s always there when you need it.
Once you’ve signed up for a Neteller account you’ll receive a Neteller Account ID and a Secure ID. Choose Neteller as a deposit option at the Netent Casino of your choice and fill in the amount you would like to transfer. Use your Neteller Account ID and Secure ID to finish your transaction and if your balance is sufficient, the money will be send to your Netent account instantly.
Once winnings start to flow into your account, you can choose to withdraw your winnings into your eWallet. Withdrawals via Neteller are as fast and safe as any other transfer made with this payment option, but will often take longer due to a fraud check from the side of the online casino. Most of the time the requested withdrawal will be processed into your Neteller account within 24 hours.
Available for both deposits and withdrawals
Advantages: Fast, safe and secure and offered by most of the Netent Casinos
Extra: Neteller MasterCard (debit card)
Alternatives: Skrill, PayPal