About Neteller | Facts and history
Neteller Owned by the British company Paysafe Group, which also owns Skrill. Neteller is - Like Skrill - A payment method that is frequently offered at online casinos. The payment solution is an e-wallet, or more specifically an electronic wallet.
Neteller has been on the market since 1999, and was first established in Canada. Eventually, the company moved to the Isle of Man. In 2015, Paysafe Group acquired the company. Since the year 2000, Neteller has been used as a payment method on a number of Norway's best online casinos.
It is Skrill Limited who owns the Neteller brand, and payments are regulated by the central bank in Ireland. As of December 8, 2020, it has no longer been possible to use Neteller at casinos.
Neteller | Safety
Neteller is characterized as a very secure payment method and can be safely used by American consumers. The company uses the latest in technology to ensure that personal data is safely safeguarded.
All transfers are encrypted so that sensitive information should not go astray. Neteller also makes regular security updates of their system to ensure maximum security. Neteller recommends you keep in mind the following guidelines for security:
- Never share your Neteller ID or password with others
- Create a good password with digits, letters and symbols
- Update the password regularly
How does Neteller work?
An e-wallet like Neteller is a digital wallet that allows you to deposit and withdraw money if needed. This is done by transferring money from your personal bank account to the e-wallet, and vice versa.
You have previously been able to use Neteller as a payment source when playing at an online casino, rather than your personal bank account. The wallet is simply an intermediary between you and the player you are going to transfer money to or from.
Practically, you could use Neteller by choosing this as a deposit or withdrawal method at the online casino. Then you provided the necessary information and the amount you wish to transfer. Today you need to find an alternative payment method.
How to open Neteller account?
It is easy to create a user account at Neteller if you do not already have this. Visit the website of the payment solution, Neteller.com, and then click on the main menu on the left.
- Visit Member.neteller.com/wallet/account/login
- Enter your information (name, country, currency etc.)
- Follow the steps further
How to fill the e-wallet?
To make a deposit in your e-wallet at Neteller, you just need to log into the website of the payment solution and select "Deposit". Then select the transfer method - such as Visa - and provide an amount.
The money will soon appear in your virtual wallet. Now you can spend the money safely on thousands of websites - but unfortunately not at American online casinos. However, you can use Ecopayz, which works in a similar way.
Treatment time on Neteller transactions
As a rule, Neteller was one of the fastest payment solutions you could choose from an online casino. This applied to both deposits and withdrawals. Deposits were processed immediately, so the money appeared in your player account at the online casino right away.
When it comes to withdrawals, this also went fast on Neteller's side. However, you had to calculate some processing time from the casino. Most casinos approved your payment within 24 hours or three days, but this could also take as little as 2 hours.
In other words, treatment time for withdrawals with Neteller could vary from casino to casino. If you are concerned about quick outlets, we recommend checking this with the casino before registration. Many casinos have a practical overview of just treatment time.
Amount limits with Neteller
When you used Neteller as a payment method at an online casino, the lowest and highest deposit and withdrawal amount was usually something the casino itself decided. Most casinos had a lower deposit limit with Neteller of approx. 100 or 200 kroner.
When it comes to withdrawals, the lower withdrawal amount is usually a few hundred kroner. Neteller usually let you have a fairly high maximum amount on your transfers, so you could be able to transfer large casino winnings to a private account.
Why use Neteller?
There are a number of good reasons to choose Neteller as a payment method the next time you transfer money online. First and foremost, the payment method gives you faster withdrawals than what you can get with for example VISA.
Another good reason to use Neteller is that you leave few tracks online. Neteller acts as an intermediary between you and the page you transfer money to. Thus, an e-wallet that Neteller is a safe alternative to many other payment methods.
It is also popular to use Neteller as the payment solution is very simple and user -friendly. With few keystrokes you can deposit or withdraw money on different websites.
Many payment methods are blocked for American users, as the American authorities have strict rules on online gambling. Neteller is among these, so you have to find another option if you are going to play online. For example, check Ecopayz.
Find an alternative to a Neteller casino
We at Recommended Casino can recommend a number of online casinos that allow the use of safe payment methods. Both BetSafe, Leovec, Unibet, Nordicbet, Bitstarz, Playamo and Fortune Jack are among the casinos that accept the most popular payment solutions.
As long as you choose a casino from our list, you can be sure you make a good choice. We only recommend safe and licensed casinos with SSL encryption.
Create a user account at Ecopayz or similar in a few minutes and get started. Deposits and withdrawals at online casinos go like a game if you use an e-wallet!
An e-wallet can be considered an electronic and virtual wallet that only exists online. Here you can keep your money, as well as transfer them to online stores and online casinos if needed.
You can also receive money on your e-wallet, only by providing the email address you have associated with the account. Thus, you do not have to share sensitive information about yourself.
Yes! Neteller is a safe payment solution. All payments are regulated by the central bank in Ireland, which is the supreme authority when it comes to financial transactions on the Isle of Man.
In addition, all transactions are encrypted with advanced technology, so you don't have to worry about sensitive information going astray. Neteller is a proven payment method among American users online, which is a reassuring factor in itself.
Players from Norway cannot use certain payment solutions offered at online casinos, and Neteller is among these! Both Skrill, Neteller, Rapid Transfer and Paysafecard have become inaccessible to American players.
The next time you play at an online casino, you must find another payment solution.
Like most other payment methods, Neteller also requires fees when you transfer money. Fortunately, these fees are relatively small, and are therefore not a major disadvantage for you as a user.
When you send money, Neteller takes a fee of 1.45 %. If you have deposited money with Paysafecard, Skrill, BitPay or Neosurf, or have not deposited money into your account with Neteller, the fee for sending money is 4.49 %.
If the transaction involves the conversion of currency, Neteller can add a fee of 3.99 %. If you have VIP membership at Neteller, you can get lower fees on your transfers-often down to 1 %.