Neteller (occasionally stylised NETELLER or NETeller) is the most popular e-wallet solution for players looking to deposit funds into online casinos. Reasons for their success include their accessibility in 180 different countries and 17 different currencies, flexible banking methods from within the service, and a professional reputation backed by Optimal Payments PLC, a well-known British payments firm.
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Neteller is one of many e-wallet solutions that online gamblers use to transfer funds to and from their casino accounts. E-wallets such as Neteller provide an additional layer of security by keeping your sensitive information in one convenient location.
Unlike credit cards and other payment solutions, obtaining a Neteller account can be done quickly and easily. To begin the process, you simply have to go to the main Neteller website (www.neteller.com) and click the “Sign up” button. Fill out the registration form with your details and your account will be ready. No credit checks are necessary, and you can start using it for deposits and transfers to casinos immediately.
Adding funds to your Neteller account can be done in several ways. The most popular options are credit or debit cards, Ukash and PaySafeCard vouchers, and bank transfers. They also have dozens of other options that are limited to specific locales, so check their deposit FAQ to see which funding methods will work best for you.
Withdrawing funds from your Neteller account can be done by Member Wire or cheque in virtually all locations. However, users from specific European countries have access to a faster bank transfer method that gets funds delivered straight to a registered bank account.
Although you can use your Neteller account immediately after registering it, you will be subject to relatively low limitations until you verify your identity. The verification process is fairly easy though, and you should be able to get your limits raised significantly within 1-2 business days. Until you do so, you will only be able to deposit money into your account, deposit to any member casino, and withdraw from any member casino. To enjoy virtually nonexistent limits, the ability to withdraw from your Neteller account, and the convenient Net+ Prepaid MasterCard, you'll need to verify.
The process is performed in three parts. First, click the Verify link from within your account and accept the FSCS Warning that they must legally provide to all of their users. Next, send in scanned copies of your proof of identity and proof of address to identity@neteller.com along with your 12-digit Neteller account number. Finally, either register your bank account (certain European countries only) or your phone number. For more information, visit their support portal and search for “verification”, or contact one of their support representatives to guide you through the process.
One of the best things about Neteller is the fact that you can have instant access to your winnings with their Net+ Prepaid MasterCard. As long as you have a completely verified account, you can take advantage of this convenient tool. Click the “Net+ Cards” link on the left side of your account panel and fill out the application. If approved, your physical card will be sent to your mailing address within 21 days.
If you'd like to use your funds to make online purchases, you can use your Net+ Virtual MasterCard even before your physical card is mailed to your home. In order to keep these transactions more secure, Neteller will generate a new credit card number after every 4 purchases or 47 days of transactions at a particular merchant.