Neteller is an e-wallet service that has been around for many years. It is one of the most popular methods with which to make deposits and withdrawals at online betting sites.
This virtual wallet provides safe and secure transactions over the Internet from your personal bank account.
Neteller provides a layer of security in that you do not need to share bank or card details with an online casino to make use of its services.
All you need is a Neteller account to keep your betting bankroll, which can then be used to quickly and safely move money around as you see fit.
Neteller is accepted at many of the biggest and most renowned online betting sites in the UK.
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As mentioned above, Neteller is an electronic wallet that aims to make banking over the Internet a safe, easy and convenient process.
The service acts as a virtual bank account, allowing you to fund your account from almost any source and can be used as a proxy account with which to fund your online casino account.
The service is useful because it allows flexibility with your money and allows you to keep all your betting transaction in one safe place. It is ideal for players who do not want to use their regular bank account to fund the online betting site.
These funds are cleared quicker than traditional methods like credit and debit cards and bank transfers. Neteller was launched in Canada in 1999 but did not make an impact on the market until 2004 when it was introduced to the UK market.
The service was not as popular in the USA, due, in part, to the restrictions on Internet gambling in the country, but was able to penetrate the global online market in a big way. Since 2005, Neteller is one of the leading processing payment methods for most of the major online betting sites across the globe.
Neteller is one of the easiest banking methods to use at online betting sites and consists of two stages. Firstly, players must register and verify your Neteller account and then follow the required steps to set up your e-wallet at your chosen online casino.
This account setup is very fast, although your account may be blocked until all documents and information are verified. This may seem like a headache, but once you are up and running, you will find using Neteller to be a pleasant experience.
Once everything is approved, you can fund your e-wallet from your regular bank account or credit card, which is available immediately to start using at your favorite online betting site. To make a deposit, all you have to do is find the ‘Cashier’ section of the site and choose Neteller as your banking option.
A secure window will pop up requesting you to log into your Neteller account and confirm the deposit transaction. Once this is completed, you will be taken back to the betting site.
Neteller is a fast, convenient and secure method of payment. Which is accepted by some major online betting sites across the world.
It is important to note that there are small fees involved in each transaction, although the benefits you get from being able to manage your betting bankroll without the being connected to your bank account makes it worth the extra cost.
While Neteller is one of the biggest e-wallets in the world, the service is not available in the United States, and under US regulation, all American banks and financial institutions are forbidden from processing any payments made to or from Neteller.
Other countries that do not accept Neteller payments include Malaysia, Thailand, Indonesia and more although the service itself accepts users from all countries.
There are many advantages to using Neteller betting sites, and it’s not hard to see why it is a popular option for many online gamblers. Firstly, it is one of the easiest and cheapest ways to pay for purchases online.
The number of online providers that accept Neteller payments is truly impressive, and you will likely be able to use Neteller at most of your favorite websites. This makes for quick and convenient transactions between a player and an online casino.
Another advantage is its reliability and security. User accounts are protected with a 256-bit code and several firewalls, making it almost impossible to be hacked.
Each user has their own pin number and user ID that is displayed while using the account, which makes for a completely private and secure experience as no personal or financial information is revealed.
Players can also opt to receive email notifications every time a transaction is made from your Neteller account, which means you can keep track your usage and ensure that no fraudulent activity takes place. Players with a Neteller account are also able to send money to people who do not have the e-wallet.
All you have to do is supply the recipient’s email address so they can be notified once a transaction is made and completed.
Finally, using Neteller betting sites mean that depositing and withdrawing funds take just a few minutes, while the company’s customer service is second-to-none, adding to the convenience of your gaming experience.
Neteller has been around for many years and continues to grow and gain in popularity. There are many Neteller betting sites available on the Internet that allows for smooth, seamless, and safe online banking transaction between the user and the gambling platform.
Thanks to a combination of flexibility, safety, and speed plus a number of additional benefits, Neteller is fast becoming the preferred deposit and withdrawal method for online gamblers.