Neteller Casinos 2022
The Best Neteller Online Casinos On 2022
If you didn’t know already Neteller is a top-tier online e-wallet that specializes in in online casino transactions. Neteller offers a multitude of benefits within the online gambling realm, these added security, deposit, and payout benefits have made Neteller one of if not the leading e-wallets for online gambling.
Above its security and fast transaction benefits, Neteller also supports transactions within different countries. This means you can even take it abroad Neteller and enjoy its added benefits. This article will take you through all the ins and outs of Neteller, from its history, the best online casinos that accept Neteller, and of course how to use Neteller’s services.
The History Of Neteller
Neteller and online gambling go way back, Neteller had initially been launched in 1999 being one of the first e-wallet services to land on the scene. Since 2005 Neteller has been at the very forefront of the online casino industry. In 2005 alone Neteller had processed over 80% of the total transactions within the online casino industry. Within the early 2000s, about 95% of the company’s revenue had been supplied by Neteller transactions from online casinos.
It wasn’t until 2006 and 2007 when financial institutions were prohibited from processing casino-related transactions to and from US and Canadian citizens when Neteller had decided to shift its focus away from the online gambling industry. Though this meant Neteller would see a drop in revenue from $239 Million in 2006 to $61 Million in 2010.
Unfortunately for Neteller, there has been a surge of new online e-wallets that also promote similar benefits that Neteller provides to its users. Because of the increasingly competitive market, Neteller has since lost its total dominance over the online casino industry.
However, since the emergence of other reputable and established e-wallet services Neteller has still been able to somewhat lead the niche. Neteller isn’t one of the leading online e-wallet services simply by chance. Neteller holds massive control over the market due to its vast availability, Neteller is available in over 100 different countries. Above this players from around the world can enjoy Neteller’s lighting fast transactions with no extra costs!
Another one of the main reasons for Neteller’s success within the industry is due to its reputation. Neteller belongs to the Paysafe group, both Skrill and Paysafecard are owned by this company. Paysafe is possibly the most seasoned and well-tested online payments company within the online gambling realm.
In 2015 Neteller had acquired one of its closest competitors in the market, that company being Skrill. During this time the company had been rebranded to the Paysafe group. The former Neteller PLC lasted until about 2017 when it had finally been acquired by an association known as The Blackstone Group and CVC Capital Partners. However, this acquisition didn’t imply a further rebranding of the Paysafe group it simply meant that Paysafe would cease to be listed on the London Stock Exchange under its own name.
Today the Paysafe group offers a variety of services to its customers including a prepaid payment method called Paysafecard, an e-commerce app known as Payolution, a mobile commerce-focused service named FANS Entertainment, and an affiliate marketing provider called IncomeAccess. Though Neteller is currently the major product of the company alongside Skrill.
How Does Neteller Work?
In a highly simplified version, Neteller is an online e-wallet that allows users to deposit, withdraw and transfer funds online, additionally, Neteller provides same-day payments and instant cash transfers to and from online merchants that are affiliated with Neteller and Neteller account holders.
Neteller offers users various instant and local options for funding their Neteller account, this includes free debit card deposits, local bank deposits, credit cards, and international bank transfers. There are also many other local options that are available but these options will depend on which country users’ are situated.
Here are the main transaction processes that Neteller supports:
- Credit cards: VISA card.
- Electronic Funds Transfer (EFT): An EFT is a transfer of funds directly from your bank account, processed through the Automated Clearing House (ACH) network to your Neteller account.
- InstaCash Deposits: InstaCash Deposits work similarly to EFT deposits but are virtually instantaneous. Though users must have a registered and verified bank account with Neteller in order to make InstaCash Deposits.
- Neteller System Transfer: Send or Recieve funds to and from another registered Neteller user.
How To Deposit At An Online Casino Using Neteller
In all depositing funds into an online casino account, while using Neteller is actually an extremely simple process, this is partially why Neteller is one of the most popular payment methods within the industry. Here’s a closer look at how to deposit at an online casino while using Neteller:
- Open a Neteller account
The very first thing you will need to do before you begin depositing funds at an online casino is set up your Neteller account. This can be done by heading to the official Neteller website, you will then need to verify your Neteller account through your email address, and finally, you will then need to choose a payment method in order to deposit funds into your Neteller account.
- Sign up at an online casino
After setting up your Neteller account, you can then navigate to your favorite online casino that accepts Neteller payment methods, don’t forget to check out our list of the best Neteller casinos. After you have selected a suitable online casino you can then begin creating your casino account. Most online casinos will simply require you to add your email address and create a password, following this your account will likely need to be verified through the email address you have provided.
- Make a deposit with Neteller
After creating an account at your selected online casino you will need to make a deposit to your casino account through Neteller. First, navigate to the cashier section within the online casino you have opted to play at, then you will need to navigate to the deposit section, following this you will need to select the Neteller deposit option, and input your Neteller Account ID, email, and Authentication Code, and finally select the amount you wish to deposit into the casino.
- Start gambling for real money
Once you have made your deposit with Neteller you should receive a successful transaction confirmation message, your funds should be immediately available and you can then begin playing for real money rewards right away.
How To Withdraw From An Online Casino Using Neteller
When using Neteller to withdraw money from an online casino, players should experience the very same ease when they had initially deposited funds into the online casino. Here are the simple steps to follow in order to withdraw funds from an online casino while using Neteller:
- Navigate to the cashier section
In order to make a Neteller withdrawal, the very first thing you will need to do is navigate to the cashier section of the online casino you wish to withdraw from. Following this, select the withdrawal option within the cashier section.
- Select Neteller as the withdrawal option
Once you have located the withdrawal option within the cashier section you will then need to select Neteller as your withdrawal method. After selecting Neteller as your withdrawal option, you will then need to enter your Neteller ID, Neteller security ID and, the amount that you wish to deposit from the online casino.
- Confirm your Neteller withdrawal request
After filling in all the necessary information you will then be prompted to confirm your Neteller withdrawal request. In order to confirm your withdrawal simply select the confirm button that will appear after entering the necessary information.
- Receive your Neteller withdrawal
Upon the confirmation of your withdrawal, you should make a mental note of how long it takes the casino to process its withdrawals and keep an eye on your Neteller account. Most online casinos will complete the withdrawal process within 24 hours. Once your withdrawal reflects in your Neteller account you will then be able to transfer the funds to your bank account or spend your money via Neteller.
The Pros And Cons Of Using Neteller At Online Casinos
While Neteller is undoubtedly a favourite among online casino players this e-wallet service does in fact have its advantages and disadvantages. Apart from its highly favourable transaction conditions and convenience, there are a handful of other benefits that Neteller offers to its users. Take a closer look at some of the pros and cons of using Neteller at online casinos:
- Top-tier security
When using Neteller at online casinos one does not disclose their card details to the online casino. All transactions that are processed through Neteller are encrypted by end-to-end SSL encryption, and Neteller also offers users the ability to secure their accounts with Two-Factor-Authentication.
- Fast processing time
When using card or bank transfers users can expect the transaction process to be completed up to several days, however, Neteller withdrawals are usually completed within a 24-hour timeframe.
When making various transactions to and from online casinos, many people believe that this negatively affects your bank account. As an example, your bank may deny your loan application if they see you have made many transactions to and from different online casinos. However, using Neteller as a medium when online gambling allows you to stay anonymous and this data is not shared with your bank.
- Added Benefits
Some online casinos hand out exclusive bonuses to players who use Neteller as a payment method. However, this is a rather rare occurrence among online casinos and can usually be seen within newly launched online casinos.
- Some countries are restricted
Though Neteller is available in a wide range of countries, over 100 to be exact, Neteller is still unavailable within certain countries. For example, players from the United States of America will be unable to use Neteller as a payment method at online casinos. Though this disadvantage mostly affects casinos that exclusively accept players from the US other restricted countries can include but are not limited to Iran, Myanmar, Yemen, Togo, and Kazakhstan.
- Some service fees may apply
Though Neteller does not impose fees for transactions to and from an online casino to your Neteller account, Neteller will charge users when making deposits or withdrawals from their credit card or bank account. Though these fees may be very little compared to other payment methods these charges are still worth the consideration.
How To Choose A Neteller Online Casino
Choosing an online casino that accepts Neteller can become quite a time-consuming endeavour for those first starting their online gambling experience. If you’re completely new to online gambling, newcasinos.io is here to show you the ropes. We recommend you check out our list of the top Neteller casinos to get your search started.
The casinos that are listed on our page are not only some of the biggest online casinos within the industry but they are also highly reputable. Essentially the rule of thumb when trying to find a new online casino is to ensure the casino holds a valid license. Casinos that operate under specific jurisdictions have to abide by the regulations that are set out by the gaming authority.
Additionally, if you’re looking to be extra certain of the online casino you are about to play at we also recommend reading online casino reviews on that specific casino. These casino reviews should contain all the necessary information to gauge the quality of an online casino, our website offers comprehensive casino reviews on many of the popular casinos within the online gambling industry.
Why Use Neteller At Online Casinos?
The vast majority of the most popular online casinos accept Neteller as a payment method, Neteller has become a fan favourite among online gamblers which can mainly be attributed to the safe deposits and quick withdrawals that are offered by Neteller.
Neteller could easily be considered the most established and trusted e-wallet service used to fund online casino accounts. Neteller has built an excellent reputation for its speed and security, Neteller not only provides quick and secure transactions, however, here players can keep their anonymity as Neteller does not share your card details with the online casino or any other merchant you wish to pay online.
Why should I use Neteller at online casinos?
Neteller can offer various benefits to online gamblers, the main benefits of using Neteller when online gambling is the unmatched safety as well as the lighting fast deposits and withdrawals offered by Neteller. Besides these benefits, Neteller also holds vast experience within the online casino industry, therefore Neteller offers a perfectly optimized service for your gambling expedition.
What is the main advantage of using Neteller?
Neteller is highly favoured among online gamblers for a number of reasons, this makes it somewhat difficult to state the “main” benefit of using Neteller. However, when looking into a top-notch banking option, the service should include reliable security, fast deposits and withdrawals as well as an available and helpful customer support service.
Is Neteller available for everyone to use?
Though Neteller is available in a wide variety of countries, there is still a list of restricted countries that can be found on the official Neteller website. Considering this, players from the USA for example will find great difficulty in locating a Neteller online casino sites. We recommend that you check the Neteller website to decipher if your country is restricted by Neteller.
Can I use Neteller at all online casinos?
Neteller may very well be the most popular banking option among online gamblers and online casinos however, not all casino sites accept the use of Neteller. With this said, the vast majority of online casinos will accept Neteller as a banking option. If you’re not in the mood to manually search for Neteller casinos, you can check out our list of the best Neteller casinos.
Is it safe to use Neteller when online gambling?
Yes, of course. The safety that is provided by Neteller is almost unmatched within the industry. Neteller allows players to stay anonymous by not sharing the card details of their clients with online merchants and online casinos. Neteller also does not share your transaction details from online casinos with your bank. This makes Neteller one of the safest banking options to use when online gambling.
Are there extra fees when using Neteller?
Online casinos will not charge you fees when depositing or withdrawing funds when using Neteller as a banking option. However, Neteller does impose pre-agreed fees, these fees can include service fees for transferring money from your Neteller account to your bank account. Though these fees will always be very clearly stated to customers.
How do I withdraw winnings from an online casino with Neteller?
When withdrawing fees from online casinos while using Neteller, your funds will be paid directly from the online casino into your Neteller account. Withdrawing funds from an online casino is as easy as locating the withdrawal option within the cashier section of the online casino, entering your Neteller account details, submitting the amount you wish to withdraw, and finally confirming the withdrawal. Following this, you should expect to see the funds reflect in your Neteller account within 24 hours.