As Neteller was established in 1999, customers feel some security knowing that the company is experienced and an expert at handling transactions. Despite the fact that the company had to face lots of adversities, the publicly-traded company Neteller managed to move forward on the London Stock Exchange.
Neteller is actually an online wallet and payment system which makes it easy for people to move money from one place to another. It lets you make instant deposits and withdrawals and even payments to merchants registered with Neteller like online casinos.
Online casinos are thus rather familiar with this kind of transaction. If you lie someplace which is Neteller enabled, it is worth checking out this online e-wallet. While it’s free to start an account with Neteller, you can use Visa, InstaCash, bank deposits, debit cards and EFT to fund it. If you make a deposit through Neteller, you can make a withdrawal much faster if you use the same payment option.
Neteller has various account options where the Neteller ‘Express’ account is the easiest to open. This account supports currencies like British pound, Euro, Canadian dollar, US dollar, Danish Krone and Swedish Krona.
The deposit limit for this account is 2500 Euros and its equivalent in other currencies. If you have this account, you can do business with any Neteller registered merchant using the same account.
Neteller also offers an ‘Extended’ account which accommodates a higher deposit limited, gives you a prepaid Neteller debit card and permits making peer-to-peer transfers. Members having an Express account will have to wait for a few days to get upgraded to the Extended account.
Neteller also has a bonus system where customers receive 10 ‘Net points’ for each $1 sent to a registered Neteller merchant. Drawings are held every week where cash is awarded. Customers need to accumulate a minimum number of Net points to qualify for these drawing.
Customers outside US
For customers outside the United States, Neteller offers a convenient online ‘e-wallet’ which lets you make digital transfer of funds from and to an online casino. With its headquarters in the UK and another office in the Isle of Man, Neteller is well experienced at handling game-related transactions. It was considered a much better payment option than PayPal to US players until being discontinued for that purpose.
Three steps go into opening a Neteller account. You need to first give your account information, give your personal information and then make your deposit. The deposit you make is recorded instantly if it is made through a credit or debit card, with a 1.75% attached fee. All local and international bank transfers require 2-5 days.