Neteller is an e-wallet used all over the planet by people looking to send money to others online. Founded in 1999, it can be used in over 200 countries and with more than 40 currencies. Why is it one of the most commonly used live casino payments methods?
The Keys Reasons We Recommend it?
Neteller has a strong history, and it’s owned by the respected Paysafe who also operate Skrill. Setting up an account is easy to do, with fast transfers available to and from casino sites. If you want to move money without any delay, Neteller is a solid option.
Is Neteller Reliable?
You need to find a reliable payment method to start playing on online casinos in the US, and Neteller ranks highly. It’s considered to be as reliable as other popular methods such as Visa, PayPal, and Skrill.
Disadvantages of Using Neteller
The Neteller terms & conditions include fees for transferring money in and out of your account. This can add up to a sizeable figure over time. However, your casino won’t charge you for deposits and withdrawals on this method.
Withdrawals and Deposits at Casinos with Neteller
Each casino lists its own details in terms of waiting periods and processing times. Yet, the following table shows what you can normally expect when using Neteller.
|How long to deposit||How long to withdraw||Minimum deposit||Minimum withdrawal||Maximum deposit||Maximum withdrawal|
|Instant or almost instant||Transfers are received instantly via Neteller, but the casino may impose a waiting period||$10 (varies by casino)||$10 (varies by casino)||No limit used on some casinos||Varies by casino ($5,000 in some cases)|
How to Deposit
You use your email address to open a new Neteller account. The next step is to link it to your bank account or a bank card. Enter the wallet or account section or your casino and choose Neteller from among the live casino payment methods listed. You will then be shown how to link the accounts and then you can start moving money across, as well as claim welcome bonuses.
How to Cash out
From your casino account, look for a withdraw or cash out option. You can then choose Neteller as your method. This is usually only offered if you’ve made a deposit with the same method.
Fees and Charges with Neteller
Online casinos don’t charge for deposits and withdrawals made with Neteller. However, Neteller charges you for moving money in and out of your account with them.
Is Neteller Better than PayPal?
These are two live casino payment methods that operate in a very similar way. PayPal is more widely used on a global basis and has lower account fees. However, Neteller has a VIP level that might suit some users.
Pros and Cons of Casinos with Neteller
- Easy to use for deposits and withdrawals
- Fast processing times
- Casinos won’t charge you for using it
- Safe and well-respected
- Can be used across the planet and with numerous currencies
The list of drawbacks is shorter than the list of benefits we just looked at;
- Neteller accounts have quite high fees associated with them
Neteller makes transfers instantly and the money will be in your casino account immediately or almost immediately. The casino will mention in their t&cs if they have a waiting period for withdrawals.
The official Neteller site lists all of the fees that they charge customers. Online casinos won’t change anything if you use this as one of your chosen live dealer casino payments methods.
Yes, this is a safe wallet. They use security measures like two-step authentication and the latest technology to keep your money safe.
No, this method isn’t accepted by every casino. Take a look at the banking section or FAQ on a casino to see if it’s included.
You can use Neteller for deposits and withdrawals. You might need to deposit using this payment method before you can withdraw using it.