Using Neteller at online casinos

Neteller Payment Method

Neteller is an e-payment solutions provider that allows you to instantly send and receive money or make online payments securely. The company was founded way back in 1999 and has been providing online money transfer services to users in over 200 countries. It specialises in gambling transaction processing, and you’ll find that there are many casinos that accept Neteller including the biggest online gambling brands in the UK. With close to two decades of experience, this widely available payment system provider has developed a solid reputation as a trusted e-wallet at an international level.

On this page, our experts at WhichBingo evaluate Neteller to find out why it’s so popular. We also take a close look at both the advantages and disadvantages of using it as a customer as well as help you make an informed decision if you should use their services. Let’s start by checking out some of the most highly-rated Neteller gambling sites online:

Featured bingo sites that accept Neteller

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The advantages and disadvantages of using Neteller

Pros:

  • Highly Secure – When you make a Neteller casino deposit, you can rest assured that the transaction is safe because the company utilises the latest security features and anti-fraud tools. Customers have the option to activate the Two Step Authentication feature to add an extra layer of protection against unauthorised entries to their account.
  • Legal and regulated – The Neteller payment solution platform is regulated by the UK Conduct Authority and is authorised to provide online payment services to more than 200 countries. Also, 100% of your account balance is held in trust accounts so you’ll always have your money available at any time.
  • Swift Transactions – Deposits and withdrawals with this e-wallet at Neteller Casinos tend to be processed much faster than by using cards. This means that you can immediately start gaming after you’ve made a deposit and get to spend your winnings usually within 24 hours after the casino has processed your withdrawal.

Cons:

  • Transaction fees – Neteller charges a fee for putting money into your account. While many other payment providers also charge a fee, we have found that Neteller’s fees tend to be slightly higher compared to, for example, Skrill. You may also be charged a fee by the casino when you withdraw from your casino account to your Neteller account.

Banking with Neteller

While it’s highly secure and fast to have your gambling transactions processed at Neteller casinos online, is this the best payment system that you should use? Let’s consider the following factors:

Deposit and withdrawal times

Depositing into your Neteller account is instant while withdrawals to another e-wallet like Skrill is also immediate. However, if you’re withdrawing to your bank account, this could take a few days for the funds to reach you which is dependant to the processing time of your bank.

Ease of opening an account

Registering for a Neteller account is free and can be done in just a few simple steps. Just head over to the official website, click on the “Join for free” button, fill in your details, and you’re now a Neteller customer. However, to activate the account, you must first make a deposit and then verify your identity by uploading the required documents which can be a tedious process.

Fees structure

It’s free to make online purchases and deposit money using Neteller to your casino account. On the other hand, putting money into your Neteller account will incur a transaction fee of 2.5%. There are more than 60 ways for you to make a deposit including to other e-wallets, Paysafecard, wire transfers, credit cards, and more.

Withdrawals will also cost some fees per transaction:

  • Bank transfer – £10
  • Member wire – £12.75
  • Money transfer – 45% with a minimum of £0.50
  • Net+ Prepaid Mastercard – 0 to 1.75%

Our final thoughts

Neteller offers an instant, secure, hassle-free way for you to make payments into your casino account and withdraw from it. Although there are fees involved when making gambling transactions, the level of security plus the convenience this payment system offers will still make it worth your while. So, put your mind at ease and head over to any of our recommended Neteller casinos now, knowing that your money is safe with this trustworthy payment solutions provider.


More Casinos Accept Neteller Payments