Neteller – the most famous E-Wallet and Payment Provider
Neteller is an electronic bank account which is also known as e-wallet. The company was founded in Canada in 1999 and has been headquartered in the UK since 2004. Neteller is mainly used by gaming customers who deposit and withdraw money in casinos and betting portals within seconds. Today, customers in over 200 countries use the payment method. Only in the North American market, the payment service no longer offers its services, as there were several lawsuits in 2007 on suspicion of money laundering. Since then, his reputation for the scandal has been restored. Today, the e-wallet provider is one of the most widely used forms of payment in the gambling industry.
This is how Neteller works in everyday life
Neteller is beside PayPal the best-known online payment system. To open an account, you do not have to go to a physical store (they do not exist), you just go to the home page www.neteller.com. The website is available in 20 different languages including English, German, Italian, French or Russian. Opening your e-wallet account could not be easier. The following information must be provided:
⇒ E-mail address, name, date of birth, gender
- ⇒ Address with region, city and postal code
- ⇒ Valid phone number Mobile or land-based
You simply fill in all required fields and accept the terms of use. Then you click on “open account”. All this takes only a few seconds and the use of the account is completely free. We also recommend to create a reference account. This account is your withdrawal account if you want to withdraw money from your E-Wallet account. The best option is to use your Giro account with which you can send larger amounts. For example, you win a jackpot at the casino and pay the money to your Neteller account. If you now transfer a large amount to your Giro account, you pay a maximum of £7 for the transfer. Alternatively, you can also withdraw money from the ATM with your Neteller credit card. Here, however, the fees are much higher.
The Verification process after opening the account
Verification of your account is important because you will not be able to get a credit card or make transfers to your Giro account. So log in to your account and “confirm your identity”. This feature is available as soon as you have made your first deposit to your Neteller account. Take the following steps:
⇒ First click on the button “Start Verification”
- ⇒ Choose your country and the type of documents
- ⇒ You can choose from ID card, driver’s license or ID card
Upload your scan or photo of the selected documents with the “Upload existing image” option. Alternatively, you can also select the webcam verification. In that case, you take a picture of yourself, the documents, and your face. After the transfer, it usually takes 24 hours for your account to be verified.
Transactions and Neteller Master Card
Basically, you can send money between Neteller accounts or any provider that accepts Neteller as a means of payment. Nearly every online casino accepts e-wallets. When you deposit to your casino account you only need your Neteller email address. You can also protect these transfers with a secure code. You can generate this via an Authenticator app which you can download from the App Store or Google Play Store.
If you want to withdraw money from your account, you can do so via bank transfer to your Giro account, or with your Neteller Master Card. You have to order the credit card via the homepage for £10 only. With your personal PIN, you can withdraw money from ATMs worldwide. Depending on your VIP level, the fees are up to 1.75%. Otherwise, the use of your Master card is of course free. You can pay for your purchases in any store with the Master Card logo.
The Neteller VIP Programm and Neteller Casinos
Each time you transfer money to a provider (stores, online casinos, sportsbook platforms, live poker providers), you earn points for your VIP level. Starting at $10,000 in revenue, you’ll go up in the level. With each new level you will enjoy additional services and you will save money on money transfers or fees associated with withdrawing money using your master card. You also have higher transaction limits or you can also open additional accounts in other currencies. By reaching the Gold Level, you also have a personal account manager at your disposal. Furthermore, you collect with Neteller valuable points which you can redeem for cash or gifts.
Neteller, like a whole range of other e-wallet providers, is an integral part of all iGambling companies. As a player, Neteller has all the benefits of fast payouts and secure transactions. Note that most UK online casinos, such as Casino Cruise, Spinit or Sloty Casino, do not accept Neteller deposits for bonuses and free spins. Normal deposits are of course still possible and absolutely recommended. Nevertheless, Neteller is due to the many advantages for you the best to be recommended e-wallet. It has the highest acceptance and the best VIP program.
UK Online Casinos – Neteller Online Casinos
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