Name of payment method | Neteller |
Operator (company name) | Paysafe Holding UK Limited |
Year of establishment of the Skrill group | 1999 |
CEO | Chirag Patel |
Address | 27 Floor, 25-27 Canada Square, London E14 5LQ, England |
Organisation registration number | 4478861 |
Number of employees | more than 3,000 |
Security | 265-bit data encryption, 3D Secure Protection. |
Certification | Central Bank of Ireland |
Availability of services | 15 markets |
Currencies | SAN, EUR, USD and 24 more |
Key market | United Kingdom |
Use of payment | Possible |
Monthly transactions | No limit |
Contact | +44 20 3308 9525; [email protected] |
Neteller helps customers receive their money safely and privately if needed, and gives businesses the option to accept payments and make withdrawals in markets where other traditional methods may not work. In this article, Our author Milan Rabszski will tell you:
- what is this payment method;
- which online casinos accept Neteller;
- how to use this payment method in an online casino;
- how to make a deposit and withdraw funds from an online casino using Neteller;
- all about the commission, VIP program and mobile application from Neteller.
Main features of Neteller payment method
Neteller describes itself as one of the largest and most secure online payment methods in the world. Even on the main page, you can find information about what security guarantees this method gives to the user and displays how to take additional measures to ensure that the customer's data is always completely safe. So, let's take a closer look at what Neteller is:
Neteller in numbers:
65%
involvement of senior leaders in mentoring programmes
92 B USD
volume of transactions in recent years
2,5%
bank connection fee
Neteller with instant withdrawal
Until a few years ago, players complained about the low speed of making transfers. After the deposit, you had to wait a few days for the money to be credited to the player's account. Today, there is no such problem anymore, and one of the main reasons for using the Neteller online payment platform is the instant withdrawal of money from the casino, which allows you to make a bank transfer without delay and immediately switch to gambling. In our opinion, Neteller has many advantages over other payment systems. This method provides users with optimal conditions for making online payments-secure transfers, transparent and low commissions and high speed of transaction processing. It is also an ideal payment method in live games with a real croupier, when you need to urgently replenish your player account to continue playing and have the opportunity to win after several losses in a row.
Types of online payments with Neteller
Once we have set up an account in a system, of course, we expect that various forms of payment will be available to us. Choosing Neteller we hit the top, because with this method you can do a lot of everything:
- Transfer to any person. If your friend does not have a Neteller account and does not use this system at all - no problem! You can make a transfer by entering your friend's e-mail address, in which case they will be able to receive online payments from your Neteller account. So, monetary transactions between users in one country and in countries abroad do not have any obstacles;
- Online casino payments. It is possible to deposit and withdraw funds, which makes our online casino game much faster, safer and more convenient;
- Money transfers on the stock exchanges for traders.
As mentioned above, in addition to Neteller, we have the option to use the Net+ Mastercard® virtual prepaid card and the Net + Prepaid Mastercard®plastic prepaid card. As for the fees for these cards, the situation is as follows:
Net+ prepaid Mastercard® | Net+ Virtual Prepaid Card Mastercard® |
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As for fees, the first virtual card is completely free, and the replacement of the canceled card is $ 2.50 (10 SAN). |
The card has limits. First of all, only 10 withdrawals per 24 hours are allowed (maximum payout is 900.00 EUR per 24 hours). You can make 50 purchases per day with a set limit of about 2,700. 00 euros for 24 hours. | The maximum limit per transaction is eUR 2,700. You can make 10 purchases in 24 hours and withdraw a maximum of EUR 2,700. |
How to use Neteller for online casino deposits and withdrawals
To join the millions of users who enjoy using the Neteller method and transfer their funds in a very easy way, you need to register in the Neteller system, which is possible even on the official website of the method. Registration for an account is free and very fast, we will describe you what this process looks like to completely simplify your life.
- Enter your name in the Latin alphabet;
- Select your country of residence and currency;
- Enter your e-mail and make up a password;
- Read and accept Neteller terms of Use and Privacy Notice;
- The next step is to fill in your personal data: date of birth, gender, address and city of residence, postcode and mobile phone number. After filling in this data, you will receive a 6-digit code, which is a unique security identifier. We need this code when we want to make a transfer;
- Now, your account has been set up. In addition, according to the European regulatory requirement, Neteller reliably verifies its customers, so the data you entered must be correct.
Registering a Neteller account gives you a better chance while playing at a legitimate online casino. What are we talking about? Some online casinos that have established cooperation with the operator of the Neteller system may offer interesting promotions for users who register an account in this system and will make payments using Neteller. For example, at Bet Rocker casino there is an option of 20% Cashback + 400% welcome Bonus + 50 free spins no deposit (promo code: NETELLER). Bet-at-Home Casino offers a bonus of EUR 1000 (SAN 4500) for using Neteller, and 22bet casino has provided Neteller users with a 122% welcome bonus + 22 bet points.
Top up your online casino account with Neteller
Depositing funds to a player's account using the Neteller method is fast and secure. Due to the fact that the operator of this method is the same who created the other Skrill method, the deposit algorithm is similar to the Skrill payment. First of all, you should choose an online casino with the Neteller method, the ranking for such casinos we put at the beginning of our article. Once you have chosen a casino for entertainment, you should go to the main page of this casino and read the bonus Terms and conditions to know what the minimum amount you need to deposit to receive the welcome bonus for our first deposit. Next, we go to the Payments section and choose among the methods accepted by the casino - Neteller. We enter the amount we decided to deposit and enter the wallet ID. The transfer with Neteller is instant, so the player does not have to wait until the account is replenished, you can start the game right away. As for the withdrawal of winnings using Neteller, the processing time in this situation depends solely on the chosen gambling brand. Some casinos even have their own methods for checking a player's winnings etc. Some online casinos require the player to use only one method, which means that if funds can be deposited using some other method, but withdrawal is not possible, then the player's winnings are simply canceled. Fortunately, with Neteller you can both deposit and withdraw.
How to withdraw funds from online casinos using Neteller
In the previous point we talked about the deposit and mentioned that it is also possible to withdraw money from the online casino. The algorithm is quite simple:
- on the official website of the selected online casino you can find the Payments section, the payout section;
- choose Neteller again;
- fill in the form with your personal account details, enter the amount of your winnings and click on the withdraw button.
The withdrawal dates depend on which casino we bet on. The Neteller payment method itself works instantly, but a casino with a Neteller payment can slow down the withdrawal time to a few hours or days. All funds can be withdrawn to your bank account or any other method or use the Net+ prepaid card and receive your money at a regular ATM.
Sports betting with Netteler
Every year more and more african players bet on sporting events, and most often they choose football, tennis, boxing and martial arts. Neteller is a convenient and simple system that is ideal for paying bets with a bookmaker. Sports betting sites choose Neteller because of the quality of this company's services. It is especially appreciated:
- security;
- stability of payments;
- operation speed;
- possibility to deposit and withdraw money without Commission.
In addition, bookmakers are attracted by the versatility of the electronic system. Neteller operates in all European countries, including South Africa, with the exception of partially recognized Kosovo and Crimea. The System does not support users from Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan, etc. The website has been translated into 13 languages, including South African.
Some of the best bookmakers where you can deposit and withdraw money through Neteller are:
- 1xBet;
- Betfair;
- Ladbrokes;
- Marathonbet.
Collecting commissions when paying with Neteller
Every player needs to be aware that some methods charge commissions in relation to what actions that player takes. In the case of Neteller, it looks like this: when we want to make a transfer to another account, we have to pay a commission of 2.5%. This fee applies to payments from Almancense Exito, Banco de Chile, Boleto Bancario, Carulla, Daviendo, Effecty, Epay, EPS, Giropay, iDeaL, International Bank Transfer, Klarna, Local Bank Deposit, Maestro debit card, Mastercard, Netbanking, OXXO, Paysafecard, Paysafecash, Przelewy24, PSE, Rapi Pago, Rapid Transfer, Santader, Trustly, UPI, Visa, Visa Electron, Webpay. The exception is large amounts, which only highroller players dare to deposit.
As for the payout, the commission looks like this:
- Bank Transfer - fee 10 USD (40 SAN);
- Member Wire - fee 12,75 USD (50 SAN);
- Net + Prepaid Mastercard® - fee 0 - 1.7%;
- Skrill-fee 3.49%;
- Visa-7.5% fee.
VIP Program and reward system at Neteller
Some legal online casinos in South Africa offer additional, generous bonuses for recharging your account using this payment system. This is a significant advantage for people who want to get maximum benefits while playing at an online casino in South Africa. Each casino has its own Neteller bonus terms. Most often it can be Neteller free 10 euros to use in a South African casino with a low deposit. Detailed information can be found on the website of the casino of your choice with Neteller deposit, or contact customer service.
For active users and fans of the Neteller method, the operator came up with an incentive program - the ViP Program, which brings many benefits to the customers of the system. To remain a member of the VIP club, you must make transactions with a minimum amount to trade partners or sell crypto and for your payments in online casinos, use only the Neteller method. So what are the benefits? First of all, there are 4 VIP levels with special options:
Level / option | Silver (silver) | Gold ($oty) | Diamond (Diamond) | Exclusive (exclusive) |
Condition for obtaining a level | Transfer to a trading partner of $ 15,000 (58,500 SAN) per quarter | Transfer to a business partner 45 000 USD (175 500 pln) per quarter | Transfer to a business partner of $ 150,000 (590,000 SAN) per quarter | Transfer to a business partner 600 000 USD (2 400 000 SAN) per quarter |
VIP service 24/7 | + | + | + | + |
A manager who takes care of your VIP account | None | + | + | + |
Discount payments | None | + | + | + |
Daily withdrawal limit at ATM | 900 EUR (4200 SAN) | 300 EUR (1400 SAN) | 3000 EUR (14000 SAN) | 3000 EUR (14000 SAN) |
ATM withdrawal fee | 1,75% | 6,00 USD (24 $each) | 6,00 USD (24 $each) | 6,00 USD (24 $each) |
Currency exchange fee | 3,19% | 2,79% | 2,39% | 1,29% |
Free money transfers | + | + | + | + |
No charge for Net + Prepaid Mastercard | + | + | + | + |
The more often a customer makes payments, the more loyalty points they receive. Points are accumulated in the Bonus Account and can be exchanged for cash. Getting a new, higher level, the user increases his capabilities. For example, it can be increased withdrawal limits, a personal VIP manager and much more.
Neteller mobile app
Players at mobile casinos greatly appreciate when payments stand out for their speed and versatility. Trusted systems provide mobile applications for their customers so that they can pay from anywhere: at home and abroad. Users who wish to play at an online casino and deposit their first amounts for real money games simply have to try using the free Neteller app. With the help of this application, you can make and confirm transfers of funds, pay in online stores and regular points of sale, as well as track the history of all payments.
What if there are problems when using Neteller?
In the last months of 2022, we received several reports from players from South Africa and other European countries that the system began to refuse transfers to gambling sites. Non-gambling operations are carried out as usual, but it was not possible to top up the player's account in casinos with the Neteller option. Most often, the problem appeared during Neteller recharge via SMS. Players said that even the withdrawal of money from the player's account can be limited.
If this problem occurs to you, we advise you to use a Net+ card, not an account, for all gambling transactions. Many players have reported that this method still works-especially since the cards are readily available in the European Union and are very convenient.
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However, we advise you to seek help from customer service, who is always ready to solve any problem. In order to fully use the Neteller payment method, you will need to undergo verification. This way you can get rid of some limits and receive your money immediately.
Why Choose Neteller as your casino payment method
The Neteller method is chosen by most people on the planet, so there must be some reason for this. So, in conclusion, it is worth seeing what are the advantages of this method and whether it has any drawbacks.
This electronic payment system is very popular all over the world. Using Neteller is a pleasure, because the interface is very simple and understandable. A user with any level of knowledge and skills will be able to register and create a personal account. Nevertheless, there are many similar systems for Neteller payments. How is Neteller different? Let's analyze this with the example of two other known payment methods and compare them.
Criterion | Neteller | Skrill | Рауеер |
Deposit methods | Bank transfer, bank card Visa and Mastercard, Skrill, Rapid Transfer, Paysafecash, Paysafecard, Przelewy24, iDeal, Sofort, Trustly, Santander, SMS deposit | Bank transfer, Blik, bank card Visa and Mastercard, Przelewy24, Rapid Transfer, Paysafecash, Neteller Paysafecard | Bank cards Visa and Mastercard, Advcash, PerfectMoney, cryptocurrency Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash, Ripple, Tether |
Payment methods | Bank transfer, bank card Visa and Mastercard, Net+ Card, Skrill | Bank transfer, Crypto Wallet, bank card Visa and Mastercard, Neteller, SWIFT | Advcash, PerfectMoney, cryptocurrencies-Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash, Ripple, Tether |
Commission for payment |
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|
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Physical card availability | Yes. | Yes. | Yes. |
Advantages and disadvantages of using Neteller as a payment method
Advantages Of Neteller:
- Security. The first and very important criterion for both ordinary customers and users of the online casino. Please remember and do not worry that your data will never be available to third parties;
- Multilateralism. It is possible to fund your account in several different ways. For example, using another Neteller account, an account with a South African bank, a credit card or an e-wallet;
- High amounts. VIP Club members have the opportunity to make transfers of funds for high amounts;
- Neteller customers can collect loyalty points, which can later be exchanged for some rewards;
- You can both deposit and withdraw funds. This is a good option for those casinos that require the player to use only one payment method;
- Speed. The Neteller application allows you to make payments to online casinos much faster;
- Accepting a large number of currencies;
- Popularity in many countries;
- Knect Loyalty Program. VIP customers have many additional options and opportunities;
- This payment method is accepted by most licensed online casinos;
- You can generate a Net+virtual card;
- All transfers from one Neteller account to another are free;
- Some gambling brands offer bonuses for using Neteller, such as free spins or cash back. This option is available on the following sites: 22Bet Casino, Bet-at-Home Casino and Bet Rocker Casino.
Disadvantages Of Neteller:
- High commissions are charged for the withdrawal of winnings to a bank account;
- An administration fee may be charged if the account is not active from the customer within 14 months;
- There is no option to choose South African $otych when we want to withdraw money from a physical or virtual card;
- There are some nuances associated with receiving a deposit bonus, so you should carefully read the rules for using this method.