Ask any seasoned online gamer for a list of reliable payment methods and Neteller will appear on the list. For almost two decades now, Neteller has been offering online payments and funds transfer services to vendors as well as customers. Neteller is no stranger to the online casinos market, having at one point recorded the highest transactions for the sector. This review will give your more information on the Neteller brand. The information in this review is intended to help you understand better about how the Neteller system works and its benefits as compared to other alternative online payment systems. Ultimately, this review will provide a guide on the types of Neteller online casinos you could try out.
Founded in 1999, Neteller was initially based in Canada. The parent company, Optimal Payments PLC, later moved its operation to the Isle of Man in early 2000s. This move meant that Neteller was now under British regulations. Since its inception, Neteller seemed to blend in well with the online gambling markets. In the early 2000s, Neteller was processing more transactions within the online gambling market than any other e-wallet company. In fact, in 2000, 80% of the online gambling money was processed through Neteller. Of the company’s total revenues, 95% was derived from their budding business in process online gaming money.
This rapid growth coupled with the scepticism governments usually have on online gaming halls drew unwanted attention to the giant, albeit still new, e-wallet company. The U.S authorities came in and stirred up trouble for Neteller, which led to the freezing of some U.S Neteller accounts. Although the funds were eventually returned, Neteller opted out of the U.S market.
Currently, Neteller is accessible from many other countries in the world. The company still has a solid footprint in the online gaming world. A quick search will yield thousands of Neteller online casino, in addition to the hundreds of online poker rooms and bingo halls.
How to Use Neteller
Neteller functions like an electronic wallet. This means you will have an online account which you can load up with money from different sources for use in making online payments. Setting up a Neteller account is quite easy.
As with many other e-wallets, you will be required to provide some personal identification information such as your email, name, address and date of birth. You should not have any worries about providing such information however since the personal information is not revealed when you are making payments using your Neteller account. The information is securely kept by Neteller for basic security and identification purposes. For your transactions, Neteller will issue you with a unique identification number.
Neteller supports multiple currencies up to 15 different languages. This makes it a convenient online casino payment method across Europe, Asia, North and South America. You can load up money into your Neteller account from different sources such as debit and credit cards, other e-wallet or your personal bank account. If you wish to withdraw the money in your Neteller account, you can either use bank transfers, cheques or bank drafts. The processing time usually varies from one bank to another, and this process might attract some additional fees.
Neteller Prepaid Cards
Along the way, Neteller has come up with innovative ideas to allow more flexibility for their clientele. Such include the launch of the NET+ prepaid card in 2003. The prepaid card was operated in partnership with MasterCard. This allowed gamers more access as they would use it on any site that accepted MasterCard. In late 2016 however, the company decided to cancel the prepaid card’s services.
Using Neteller Online Casinos
Once your account is fully set up, you can then proceed to choose from the hundreds of Neteller online casinos readily available to make your deposits. To deposit into your gaming account is quite a natural process. Simply go to the cashier section in the Neteller online casino. Under the e-wallets section, choose Neteller as your option.
You will see a pop-up window that will prompt you to provide your login information. Once you are logged in, you can change the currency you wish to deposit in and the amount you wish to transact. Neteller online casino deposits are usually instant.
If you wish to withdraw your gaming proceeds into your Neteller account, the process is equally simple and fast. Once you have provided your account information at the cashier section, your money will be instantly reflected in your Neteller account. Take note however that with most online casinos, you can only complete a Neteller withdrawal if it was the method you used to make a deposit.
List of Neteller Online Casinos
Neteller is one of the most widespread e-wallet companies. In all, almost 2000 online casinos will readily accept payments and even issue out withdrawals through Neteller. This long list of Neteller online casinos includes popular gaming sites powered by the industry’s biggest gaming software providers such as Microgaming, NetEnt, IGT, Playtech, Realtime Gaming (RTG), Rival Gaming, Cryptologic and TopGame Technology.
Some of the big brands in the online casino’s industry you can game in using Neteller payments include 888casino, William Hill, Ruby Fortune, BET365 and Spin Palace among many others. Although you might not find U.S based online casinos accepting Neteller payments, there are still many other online casinos that will accept U.S players. These are mostly casinos powered by RTG.
Benefits of using Neteller Online Casinos
In addition to the broad accessibility, using Neteller in online casinos brings along a number of advantages if compared to other payment methods such e-checks and credit or debit cards. The most obvious benefits include instant funds transfers, state-of-the-art encryption technology to ensure safety and also complete anonymity when making online payments.