Casinos With Neteller

What Is Neteller?

Neteller is an e-money transfer service used to transfer money to and from various merchants, other Neteller users, or as means to pay your purchases with retailers that accept MasterCard. It can withdraw funds directly using the Net+ card or transfer the balance to its bank accounts. It is safe and secure and retains a reputable position. It is owned and operated by British global payments company PaySafe Group PLC, together with former competitor Skrill and the prepaid payment method Paysafe card. Consumers can sign up for a Neteller account on the company’s website.

Accounts may be set up in 26 major currencies. Money can be loaded into a bank account, credit or debit card, or via 40 other methods. These deposit types vary by country, and some are instant. Also, you can add your Net+ card to Apple Pay for speedy and secure payments.

Money in a Neteller account can be used to pay merchants, sent to other customers of the service, or spent at any retailer that accepts MasterCard using the Neteller prepaid card that is a part of the account.

Neteller is not only used for transfers and payments; it can be used for everything gambling and betting sites.

To use it for betting, you must open an account with the bookmakers, deposit, and start a transaction.

History of Neteller

Neteller is a British company and is used mainly by UK users. In 1999, it started in Canada but moved to the Isle of Man in 2004. Paysafe Group is listed as an “Authorised Electronic Money Institution”. Formerly known as Optimal Payments PLC, it finalised a transformational transaction for the global payments industry in 2015, when the company completed the acquisition of Skrill Group. Skrill Group is one of Europe’s largest online payment systems and among the world’s largest independent digital wallet providers.

However, Neteller is not a bank and does not lend customers’ funds. It is required under FCA e-money regulations to maintain customer funds in separate trust accounts, different from its operating cash, which should be sufficient to repay all customer balances simultaneously.

It focuses on e-transfers from and to merchants. The main target of Neteller’s customers is social network businesses and forex trading groups.

Despite being popular among other e-wallets for the money transfer service, Neteller also lets customers pay online. They just have to pick it as a payment method as they checkout. In addition, Neteller provides its users with a prepaid card. Thus, clients may pay online at stores that accept Neteller as a payment solution or Mastercard using Neteller prepaid cards.

Currently, Neteller is available in over 200 countries and different currencies and is also accepted in thousands of casinos.

The Neteller Card

The PaySafe Group launched the Neteller Card in 2003, and a few years later, in 2008, the card product line was re-branded and renamed Net+. Under the Net+ name, the company offers MasterCard prepaid debit cards and merchant-brandable card programs. It also formerly offered virtual cards.

The Net+ virtual card could generate a different virtual card number for each transaction. This prevents some forms of fraud. If unauthorised users obtain and try to use the card numbers, or if an otherwise legitimate merchant tries to take additional and unauthorised payments, the transaction will fail because the card number cannot be re-used.

As of November 2016, the Net+ prepaid was only available to residents of the authorised European Economic Area and other countries and were cancelled without refunding the card fees.

Getting a Net+ Card

Neteller is relatively easy to use, and the process of getting a Net+ card has been simplified.

You can order the Net+ card free of charge through your Neteller account, and it will be sent to you within 2-10 business days. Then you need yo activate the card to have instant access to the funds in your Neteller account.

Here is how you can order a Net+ Mastercard:

• When you sign in to your Neteller account, click the ‘Net+ cards link’.
• Then, click the green button to ‘Get Net+ Prepaid Mastercard’.
• Confirm your mailing address.
• Choose the currency you want for the card. Neteller recommends that you choose the currency that matches the one in your Neteller account for the card.
• Choose a 4-digit PIN.
• When you have selected the currency and your PIN, press the green ‘Confirm’ icon.
• The card will be mailed to your address within 2-10 days.
• There is a shipping fee of £10, which will be deducted from your Neteller account.

Signing In to Neteller

Before being able to use Neteller, the user needs to open a free Neteller account. Once that is done, they can deposit funds into the account, and use it to make payments. Neteller is a fast, secure and reliable platform and signing in and joining would only take a few minutes.

Step 1: Log in

You can log in to the Neteller website via www.neteller.com and click on the ‘Join Now’ tab in the upper right corner of the screen.

Step 2: Input Details

You’ll be taken to another page where you’ll be required to enter your email address and name, as it is registered on your ID card or your passport. You’d also be required to provide a password for the safety of your account. While creating the password, remember that the longer the password and characters it contains, the safer your account will be. After creating your password, click on ‘Register Now’.

Step 3: Account Preferences

On the next page, you are to fill in your account preferences. Fill out your country of residence and choose the currency you would like to open your wallet with.

It is important to know that once you have opened your account, it becomes impossible to edit your currency preference.

So, be careful with your selection to ensure that you pick the right currency. This will help you avoid unnecessary exchange rate fees later on. An array of 28 different currencies is available, including the most popular selections, such as USD, GBP and EUR. The next thing to do is to enter your info.

Step 4: Personal Details

Just a few personal details will be needed to complete your account creation. Fill in your date of birth, gender, address and phone number before clicking on “Continue”. You should ensure that your address is accurate and current since you will need to confirm it later. Your phone number should also be valid as it will serve as a protection measure to log into your account in the future. You will receive a code by SMS to submit alongside your password and one-time PIN code.

You’ll be required to enter pin codes to verify your submitted personal data. To validate your information, these pin codes will be sent via SMS to the phone number submitted upon registration. It is also a precautionary measure to ensure the account’s security. The same is also done for the email submitted.

Step 5: Extra Security

You’ll also be required to add an extra layer of protection to your account by creating a secure ID. It is a 6-digit code that will be requested whether you want to log in or complete a transaction. You can either create it on your own or generate it automatically. It only has the criteria of complexity: 6 digits long, includes 2 or more different digits and has no consecutive number sequences. You have the choice of changing it in the future if you’d like.

After saving your settings, your account set-up is almost complete, and a 12-digit number will be attributed to your account. This number is known as the Neteller personal ID, and it is a permanent number.

You’ll find it in the Account section of your profile, and it should be quoted each time you want to speak with Neteller’s customer support team.

Step 6: Account Verification

Once your account has been created, the next step is to verify your account. First, you need to fund your account with an initial fee of 5. Then, you need to upload a good-quality photo or take an online selfie using a phone camera or a computer webcam. You also need a document for authentication of your place of residence. You’ll be verified within 24 hours on prioritised terms if all these requirements are met. Once verified, your account is set for use, and you can start playing your favourite casino games!

Depositing to Neteller

Neteller has different options when it comes to depositing funds. To fund your wallet, all you have to do is to choose the one that’s best and right for you.

The deposit can be made via debit, credit card, or bank account.

Debit or Credit Card

You can quickly and instantly add funds from your credit or debit card to your Neteller account. You just need your card number, expiry date, and security code. And once you’ve used your card, you can save it to your account.

• Click on your account’s ‘Money in’ section and select a credit or debit card.
• To add a card, enter your card’s details (card number, expiry date, CVV code) and if you already have a list of added cards, select one from the list, enter its CVV code and use it directly.
• Enter the amount you wish to deposit and select the currency if you want the money to be added to one of your secondary balances. If you want to use the funds for gambling, select “Yes”.
• Review and confirm your deposit.

It is worth noting that every time you deposit with Neteller, you will be asked if you want to use it for gambling.

Bank Account

This is as easy as opening your banking app or online banking and transferring to your bank account. It is the most convenient and cheapest method of transferring larger amounts. Usually, it takes 1 to 2 business days for the money to show in your Neteller wallet. Follow these simple steps to make a bank deposit.

• From the ‘Money in’ section of your Neteller account, click on ‘Deposit Now’ under bank transfer.
• The bank details (the bank account number, bank name, etc.) you need to complete the transfer will be displayed onscreen, along with your reference number (which could be either your Neteller Customer ID or a unique reference number).

For your convenience and depending on the country of registration, one or more bank accounts in different currencies may be displayed to choose from.

Make a note of the bank details and the reference number, and complete the payment via your online banking or by visiting your local bank branch. Make sure to enter the Reference Number in the appropriate field, which may be addressed as ‘Reference’, ‘Description’, ‘Purpose’, ‘Details’, etc.

Funding Your Casino Account

You can directly fund your casino account using Neteller, as it is a widely accepted payment platform. The only requirement is to have a verified account before attempting to make a deposit. To fund your account at an online casino, log in to the account via the website or the app and go to the ‘Cashier’ section. After this, select the ‘Deposit’ tab, and a list of available payment options will be displayed. Select ‘Neteller’. Enter the amount you want to deposit into the provided field. Enter the required details.

You might be directed to the Neteller website, depending on your country. If this happens, enter the email registered on your Neteller account and follow the subsequent prompts, but if it doesn’t, enter your 12-digit Neteller account number and your 6-digit secure ID. Finally, select the green arrow to submit your request.

To use the funds in your Neteller account for placing a wager on jackpot slots or any other game, you have to say ‘Yes’ each time you’re asked when funding the account. The funds will be credited to your account once Neteller confirms a successful transaction.

Withdrawing From Your Casino Account

Neteller is one of the payment methods you can use to process your casino payments and withdraw your wins from your casino account. The process might vary for different casinos, but they all have a similar general method. To make a withdrawal, go to the Cashier section and select the ‘Withdraw’ tab. Then, enter the amount you want to withdraw into the required field. If there are pending withdrawals, you’ll be shown the amount to be withdrawn, the account being withdrawn, and the amount remaining after those withdrawals.

If there are no pending withdrawals, choose ‘Neteller’ from the available options. If you’ve deposited with this method in the past 12 months, your Neteller details will be pre-populated; if not, enter your Neteller details (the 12-digit Neteller account number or email address). Then, submit your request by pressing the green arrow or Save.

In most cases, your withdrawal request will be processed within 72 hours, and the funds will be credited to your account upon approval.

Deposit And Withdrawal Limits

The deposits and withdrawal limits are the minimum and maximum amounts you are allowed to either deposit or withdraw. The limits are dependent on various factors, which will further discuss below.

Deposit Limits

Neteller deposit limits range from person to person. The limit depends on factors such as your VIP level, chosen currency, and type of account.

To find your minimum and maximum deposit limit as a player, log in to your Neteller account and, go to the ‘Money In’ section, then click on your preferred deposit method.

Underneath the ‘Enter Amount’ box, the minimum and maximum deposit amount using that particular method will be displayed.

Withdrawal Limits

The withdrawal limits on Neteller depend on which of the banking methods you request to withdraw through. For example, a regular verified customer with a GBP account requesting a withdrawal via bank transfer (the most common method) can request a minimum of £17 and an £81,500 maximum per transaction.

You can request a bank transfer withdrawal if you live in any of the SEPA (Single Euro Payment Area) countries (France, Germany, Greece, among others). If your country is not in SEPA, then you can request a withdrawal via Member Wire. Withdrawals via Member Wire have similar limits to bank transfers but are slightly more expensive.

Your Neteller Mastercard withdrawal limit is based on your VIP status.

Advantages of Using Neteller Casinos

Some of the perks of playing at a Neteller casino are:

• It offers a fast payment experience. Available in 22 currencies, payments can be made in a few minutes with a single click, with just an email.
• Easy deposit and withdrawal with no extra fees attached.
• Creating a Neteller online casino account is both quick and free. In a few simple steps, one can create a Neteller account for depositing funds into the casino account.
• Another advantage is that it offers high limits. Neteller allows the transfer of large amounts quickly, making it a good option for high rollers.
• It is a safe payment method. Neteller never shares your details or links with third parties and companies.

Disadvantages

There are several significant benefits of using Neteller for casino deposits and payouts. However, there are still some drawbacks you should be aware of.

• There is a lack of interest in your remaining account balance. There is no increase in whatever money is left or kept in the account; it remains the same.
• If you make regular transactions, the fees add up. The charge on each transaction may seem small, but when it adds up, it can become a lot.

Service Charges

These refer to all fees or charges levied by Neteller for your use of their services.

Your Neteller account is free for personal use as long as you log in or make a transaction at least once in 6 months.

Otherwise, a monthly fee of £4.08 will be deducted from your available balance.

Neteller has different fee structures, which are:

Deposit fees: Neteller deposit fees are at a flat rate of 5% regardless of the top-up method, which is relatively uncommon for payment providers. For example, you can make a local or international bank deposit, use PaySafe (via a Paysafecard), credit card (Visa, MasterCard, Maestro), WebPay, or any other available provider. In any case, you will be charged a flat fee. The only exception to this is that on a single upload transaction of £16,500 or more, the transaction won’t be subjected to the deposit fee. Note that bank or currency conversion charges may still apply.

Foreign exchanges are charged up to a 4.99% fee on top of the daily rates of interbank markets. A 3rd-party data provider submits the rate in question.

Withdrawal: As for withdrawals, Neteller charges 0% commission for merchant websites, 1.45% for transfers between Neteller accounts and 3.49% for Neteller to Skrill transfers (less than 16,500 GBP).

Safety of Neteller to Gamble

Neteller is a safe and secure platform with an excellent reputation. Your transactions and information are kept private and not open to any third-party sites. In addition, its software is encrypted to ensure the safety of your data on the platform. It also makes use of a variety of firewalls, filters, and security measures.

The payment provider has been around for a while and is widely accepted in many casinos; it has become a trusted payment method. Also, it is easy to deposit money into your account and equally easy to withdraw your bet winnings.

Our Verdict

Neteller is a licensed and regulated payment processor and e-wallet that allows its customers to gamble, buy, sell, exchange, and transfer currencies, including cryptocurrency like bitcoin. It is established and accepted by a lot of casinos and has had a lot of great reviews. Although it has a few downsides, the pros definitely outweigh the cons, so we recommend it to online gamers.

Responsible Gambling Notice

Responsible gambling is a practice that encourages individuals to participate in betting and gaming activities in a way that is safe and mindful of their wellbeing and financial limits. If online casinos and individuals prioritise responsible gambling, it fosters a safer and more enjoyable gaming environment for everyone involved. Here at CasinoSherlock, we are big advocates of responsible gambling and always highlight its importance.

A responsible gambler adheres to the following:

• Sets and sticks to a strict budget.
• Doesn’t chase losses.
• Keeps track of the time and money spent on gambling.
• Refrains from gambling when feeling upset, angry, or depressed.
• Doesn’t let gambling interfere with their daily responsibilities.
• Takes breaks to avoid getting too caught up in the game.

🚫 Please note that in the UK, only individuals aged 18 and over are legally permitted to engage in gambling activities.

If gambling stops being fun, or if you or someone you know has a gambling problem, it’s important to seek help. Reach out to organisations like GamCare or GambleAware that offer support and resources to promote healthy gambling habits, or call the National Gambling Helpline on 0808 8020 133.