Neteller, stylised NETELLER, is an online payment method which has been favoured by many online casinos for many years. It is such a popular payment method that it often comes with cashback bonuses and much more to encourage more players to give it a go. It is an example of a successful eWallet and the company is based on the Isle of Man, as a subsidiary of the market leading Paysafe Group.
What is NETELLER?
NETELLER is an example of an effective online electronic wallet which is used by many people to send and receive funds via the internet. Most people treat their NETELLER wallet as a further online bank account which you can upload money to and through which you can pay out funds to many different recipients, including online casinos.
To access this payment system, you need to sign up to their website and open an account. To get an account you need to provide your basic personal details and you will need to specify you preferred account currency and to hold an account you must have a valid email address. Within five minutes you will have your account and with your NETELLER ID you can start transferring funds. To fund your NETELLER account you need to connect it to your credit or debit card, set up bank transfers or even connect it with other eWallet and online payment systems.
Like many other payment systems you can get a physical MasterCard-linked prepaid card to go with your account and this means you can use the funds in your eWallet account.
The History of NETELLER
NETELLER was founded in 1999 and began life as part of the publicly traded company Optimal Payments PLC, a company which was based in Canada but by 2004 the company headquarters had moved to the Isle of Man and it is subject to the Financial Services Authority of the United Kingdom and is listed as an ‘Authorised Electronic Money Institution’ in official records.
The company has been part of Paysafe Financial Services Limited for many years now and has forged ahead as a leading alternative to traditional bank-based payment methods.
The system claims to be available in over 200 countries around the world and has millions of account holders. It is a hugely popular method for casino deposits and withdrawals so many of these account holders will have their accounts specifically for the purpose of online gaming and betting. The extent of which this system is prevalent in the casino industry was shown when the figures from 2000 were analysed and 80% of all money transactions between players and websites were through NETELLER. Since this year there have been other big payment methods brought into the market and older methods that have become more popular but this is still a recognised force in the industry.
Making a Casino Deposit with NETELLER
With a NETELLER account you are perfectly setup to make deposits and withdrawals from your chosen casinos. All you need to do is access the Cashier or Banking section of your chosen casino and find the Deposit page. Once there you should look out for the NETELLER logo or link and once you followed it you can simply enter the amount you want to deposit and login to your NETELLER account using your account ID and security ID. The money you deposit will hit your account straight away and is transferred securely, so you can start playing your favourite games.
Below you can explore the casinos that offer this payment method.