About Neteller
Ever since digital wallets became a thing for online casino transactions, Neteller jumped to being the go-to pick of many players. It offers high-speed processing that usually takes just a few minutes, as well as convenient deposit and withdrawal limits.
On top of that, it’s very intuitive even for new users, as all the payments can be handled from within the app. With 2FA and anti-fraud monitoring, it’s as secure as online payments get, and we’ll explain all of its features in detail below.
Why Use Neteller for Online Casino Payments
In a nutshell, Neteller is a safe bridge between your bank account and your casino balance. It enables you to manage deposits and withdrawals while completely concealing your banking details, and that comes in quite handy in today’s iGaming world.
It’s an excellent option for evading identity theft and other types of scams common in online transactions. Of course, that’s just one side of the coin, so here’s a detailed overview of the top reasons why you should use it:
- Advanced safety measures — One of the main reasons you should use Neteller at online casinos is its high-end safety. Your banking credentials will never be revealed to an online operator while making casino payments, and secure encryption is ensured via VeriSign, the leader in the field. You can also set up 2FA and biometric transaction approvals and add other safety layers via the Neteller app.
- Instant payment processing — In most cases, deposits managed via Neteller will reach your casino account within just a few minutes, or up to an hour. Withdrawals are usually just as fast, so it’s a convenient all-around solution.
- User-friendly limits — Thanks to the wallet’s reasonable payment limits, you can deposit as low as $5 or $10, depending on the casino. This makes Neteller perfect for low-rollers.
- Low fees and potential rewards — Last but not least, Neteller has a few options that allow you to pay virtually no fees, such as Visa withdrawals. Also, it lets you accumulate points with each deposit and use them for redemptions via Neteller’s virtual cards.
How Do Neteller Online Casino Deposits Work?
It’s easy to deposit money into your favorite online casino account using Neteller. Here’s a brief breakdown from top to bottom:
- Create a Neteller account: Head to Neteller’s official website and click the Sign Up button. You must provide basic details, including your full name, country, and email, and select your currency. From there, just create a secure password, and you’ll be all set.
- Join a casino: Once your digital wallet is up, you can go ahead and join a casino. Search for reputable and safe sites offering Neteller payments, and register for an account.
- Select Neteller in the cashier section: From there, jump over to the cashier section and select Neteller as your preferred option. Check the site’s minimum deposit limits before you make a payment.
- Enter a deposit amount: Moving on, you should enter your deposit amount. The limits vary from one site to another, but you can handle from $5 to $2,500 per transaction with a regular account.
- Use the Neteller app to confirm your payment: You just need to enter your passcode to connect your Neteller wallet with the site and confirm the payment from your app.
How Do Neteller Casino Withdrawals Work?
Once you’re ready to make your first Neteller withdrawal, you’ll be able to rely on the same security systems. Just follow these steps to initiate a withdrawal:
- Select Neteller as your withdrawal option: While some casinos will immediately save Neteller as your preferred payment option after using it for deposits, others might require you to select it as a withdrawal method. In such a case, head back to the cashier and choose Neteller for cashouts.
- Enter your cashout amount: Once you’ve checked the site’s minimum withdrawal requirements, type in the payout amount.
- Check the wallet’s status: At this stage, there are two options — either you’ve already used your wallet for deposits, and it is connected to your casino account, or you need to enter your email. A secure window will pop up where you can enter the email associated with your Neteller account, and that’s all it takes to receive an instant withdrawal. You can check the transaction’s status in your wallet.
Neteller Limits and Fees
As mentioned, Neteller allows you to deposit $5 to $2,500 in a single transaction. The exact limits depend on the site you’re playing at, and there’s even an option to increase your Neteller transaction limit up to $50,000 by upgrading your account’s plan.
On the other hand, there are some fixed fees you might have to pay. Namely, a 2.5% fixed fee is charged for funding your digital wallet via credit cards like Visa or other e-wallets like Trustly. Local bank transfers incur a fee of 0% to 1%, while Paysafecard fees range from 0% to 5%. Regarding withdrawals, online casinos are classified as “merchant sites,” so no processing fee is imposed. Still, transferring the funds further from Neteller to your bank account or a credit card comes with a 0% to 7.5% fee or a one-time $10 fee for bank transfers.
Pros and Cons of Neteller Casino Payments
Neteller is one of the best options for casino payments, especially considering its safety-related benefits and convenient transfer speeds. However, it’s by no means a perfect option, so here’s an unbiased overview of its pros and cons:
Pros:
- Swift processing within minutes for casino deposits
- Equally convenient for both casual and high-stakes players
- High-end SSL encryption and safety protocols like 2FA and anti-fraud systems
- Available in over 100 countries and features over 20 currencies
Contras:
- Fees may range up to 7.5% of the total transaction value
- The verification process might take a few days to complete
- Transaction fees are higher if you’re running a regular or non-verified account
Neteller’s Performance Compared to Alternatives
While Neteller certainly ranks among the best options for casino transactions, it has its fair share of drawbacks. Unless you’re using a local bank account to fund the wallet, you’ll have to be ready to pay a fixed 2.5% deposit fee on each payment, setting back your gambling bankroll off the bat.
On the other hand, VIP accounts have lower fees, but not everyone can meet the terms for upgrading the account. Even so, it has far more benefits than drawbacks, and high-end security protocols like fraud monitoring make it worthwhile.
Countries Which Accept Neteller
While we do our best to keep our lists up to date, make sure you check the casino to see if they accept Neteller. In general, it is accepted in the following countries:
- Albania
- Algeria
- Andorra
- Angola
- Antigua y Barbuda
- Argentina
- Armenia
- Australia
- Austria
- Azerbaiyán
- Bahamas
- Bahréin
- Bangladesh
- Barbados
- Bielorrusia
- Bélgica
- Belice
- Bután
- Bolivia
- Bosnia y Herzegovina
- Botsuana
- Brasil
- Bulgaria
- Burkina Faso
- Cape Verde
- Cambodia
- Cameroon
- Canadá
- Chile
- China
- Colombia
- Costa Rica
- Côte d'Ivoire
- Croacia
- Chipre
- República Checa
- Dinamarca
- Dominica
- República Dominicana
- Ecuador
- Egipto
- El Salvador
- Estonia
- Etiopía
- Islas Feroe
- Fiyi
- Finlandia
- Francia
- Georgia
- Alemania
- Ghana
- Grecia
- Groenlandia
- Granada
- Guadalupe
- Guatemala
- Haiti
- Honduras
- Hungría
- Islandia
- India
- Indonesia
- Irlanda
- Israel
- Italia
- Jamaica
- Japón
- Jordan
- Kenia
- Kiribati
- Kuwait
- Letonia
- Lebanon
- Lesotho
- Liechtenstein
- Lituania
- Luxemburgo
- Malasia
- Maldivas
- Macao
- Malta
- Mauricio
- México
- Moldova
- Monaco
- Montenegro
- Morocco
- Mozambique
- Namibia
- Países Bajos
- Nueva Zelanda
- Nicaragua
- Nigeria
- Noruega
- Omán
- Pakistán
- Panama
- Paraguay
- Perú
- Filipinas
- Polonia
- Portugal
- Rumanía
- Rusia
- Ruanda
- Saint Helena
- San Cristóbal y Nieves
- Santa Lucía
- San Marino
- Senegal
- Serbia
- Seychelles
- Singapur
- Eslovaquia
- Eslovenia
- Islas Salomón
- Sudáfrica
- España
- Sri Lanka
- Surinam
- Suecia
- Suiza
- Tanzania
- Trinidad and Tobago
- Uganda
- Reino Unido
- Estados Unidos
- Uruguay
- Vanuatu
- Venezuela
- Vietnam
- Zambia
- Zimbabue
