Are you looking for the best online casino payment method to make transactions at an online casino? Look no further. Neteller is one of the ideal banking methods to deposit and withdraw money from a gambling site.
Neteller is a banking method that is convenient, fast, and secure. In this blog, we are going to introduce you to Neteller, one of the most well-known casino banking methods.
What Is Neteller?
Neteller is a digital wallet used for making financial transactions over the internet. It hit the market in 2001. Soon, it earned the reputation of being the top payment method. These days, many online casinos that accept Neteller. It is one of the popular payment methods in the iGaming world.
Pros and Cons of Using Neteller
Like other deposit methods, it comes with its pros and cons. So, let’s check them out.
Pros
- Widely available at online casinos.
- Players from more than 100 countries can use Neteller.
- Offers many currency options to choose from.
- Easier and faster deposits and withdrawals.
- VIP members can make loads of transactions.
Cons
- Customer service can be a little slow.
- A currency conversion fee might be applicable.
How to Make Deposits Using Neteller Casinos?
When you become a part of an online casino, you have to deposit real money to start playing. Now, take a look at the process you have to follow to deposit using Neteller.
Create a Neteller Account
In case you are using Neteller for the first time, you have to create an account. Go over to the official site of Neteller and click on ‘Join for Free.’ You will have to enter your details, such as name, email ID, and password. Click on ‘Register Now’ to proceed. Next, click on the verification that has been sent to you to verify your account.
Link Neteller to a Payment Method
Select one of the available payment methods for uploading funds to Neteller. You can use choose eWallet, card, or bank account. If you are using cryptocurrency, you can choose from different options.
Look for an Online Casino that Accepts Neteller
You need to make sure that you are choosing a trustworthy and legitimate gambling site. Find a casino that accepts Neteller and caters to your gaming requirements. When you find one, create your account.
Go to the Cashier Section to Deposit
Log into your casino account and go over to the cashier section. Next, choose Neteller as your preferred payment method. Now, specify the deposit amount and fill-up the needed details, including currency and email address. Enter your account ID along with the security code for confirming the transactions.
Start to Play
The amount you deposit reflects instantly in the casino account. So, now you can use it to play your favorite casino games.
How to Make Withdrawals Using Neteller Casinos?
In case you get lucky and win an amount that you can withdraw, use Neteller to withdraw it. You just have to follow the steps given below,
- Log into the Neteller online casino and go over to the withdrawal section.
- Choose Neteller from the given option. However, in most cases, you will only be allowed to withdraw using the method you have chosen for the deposit. So, make sure you choose Neteller for deposits.
- Fill in the amount you would like to withdraw from the online casino. Thereafter, click on the withdrawal button.
- Wait for the fund to be added to your account.
Security and Safety of Neteller Casinos
Neteller uses additional security measures in place to ascertain the user’s security. It includes SSL, 129-bit encryption, and the option to include two-step authentication. Furthermore, it is permitted by the UK’s Financial Conduct Authority. The FCA ascertains that Neteller uses the latest security technology.
The Neteller payment method proves to be handy since it serves as a barrier, which will protect your banking details when you gamble online. In case you come across a site that you cannot trust, you know that your financial details will be safe. Moreover, the security systems of Neteller will protect you.
Neteller is one of the safest payment options using credit accounts or cheques for financial transactions. It keeps your financial information from being shared across various sites.
What Are the Neteller Deposit Fees?
When you have to make deposits using Neteller to play online casino games, you have to pay a 2.5% of your value payment as fees. The only time these fees are waived is when you deposit more than $20000. Just extremely high rollers might be able to make deposits such high in one go.
Withdrawing money from casinos is free. It is a real draw card for using this product. Transfers for funding the account might incur charges though that vary depending on the payment method you have used.
Neteller Limits and Verification
Even though you can use a Neteller account immediately after registering, your limitations will be relatively low. The verification procedure is easy, though, and you should be able to increase the limit within 1-2 business days. Until you do that, you will just be able to deposit money into your Neteller account, deposit at any Neteller casino, and withdraw your money. To enjoy digitally non-existent limits, the withdrawal ability from the Neteller account, and the convenient Net+ Prepaid MasterCard, you will have to verify.
The verification process is performed in three parts. Firstly, you have to verify the link from within the account and accept all FSCS Warnings, which they should legally offer to all their users. Next, you will have to send the scanned copies to the email ID along with your Neteller account number. Ultimately, you have to register a bank account or your phone number.
Bottom Line
Neteller casinos are surely worth your time as it offers numerous benefits. As a gambler, you would like to join a casino that offers a reliable banking method. Casino sites enable players to fund their casino using Neteller, and have proven to be the best.