Neteller is one of the most trusted and preferred banking options worldwide. This option has been around for over 15 years and has provided online casino and players with the best banking solutions. Many other businesses and individual from around the world have also benefited from the use of this banking option.
What is Neteller?
Neteller is an e-money transfer service. It is used by businesses and individuals to transfer money to and from merchants, including online casinos. It allows the withdrawal of funds directly using the Net+ card. They can also transfer the balance to their own bank accounts. It is owned and operated by Paysafe Group, which is a British global payments company.
This e-money service is one of the most trusted banking options and is preferred by most players and online casinos. Players should be wary if a casino does not offer Neteller as a banking option.
Depositing Via the banking option
You can make a deposit through Neteller via 3 ways which are; credit or debit card transactions, bank wire transfers or online banking options like uKash or POLi.
How to Make a Deposit
First of all, you must create an account. Simply go to their website and follow their sign up steps. After you’ve created your account, fund your account using any of the 3 payment options mentioned above. You will need to remember your username and password for signing in purposes. These are never to be shared as anyone with this information is able to access and use you funds. Neteller accommodates different countries’ regulations with regards to banking thereby creating different options per each country. Find out about these before signing up.
How to Withdraw
Players may discover that withdrawals can sometimes be limited when using Neteller. Other options to choose when making a withdrawal include using a cheque, using the Net+ prepaid card and making a bank transfer. You can also transfer your money to another member.
You shouldn’t expect to come across any major issues when withdrawing or receiving your funds. The cash out process will take approximately between 2 and 4 working days. It does not charge the player for cashing money out but it should be noted that some online casinos might take off certain fees for processing the withdrawal.
When it comes to fraud and privacy protection, it offers high standards just like other banking institutions. The banking option uses a 128 bit encryption that uses real time monitoring, as well as SSL Protocol. You can rest assured that none of your information will be passed on to third parties. All of its databases are encrypted.
Neteller uses security called SecureCode 3-D. its job is to verify credit card payments using a unique PIN. If Neteller picks up any suspicious activity, your account will be frozen but they will help you further. Also, your personal information is safe as Neteller does not need your banking information.
You will be rewarded for using Neteller from time to time. You will also get some money back if you refer a friend.