Neteller Online Casino Payment Method
Neteller, a company that is publicly-traded on the LSE, was launched in 1999. For non-US residents, Neteller provides players with an easy to use online “e-wallet” to transfer money to-and-from their online casino accounts. Based in the UK, with an additional office located in the Isle of Man, Neteller has considerable experience managing gaming-related transactions.
Players need only provide account information, personal information, and then make their deposit. If funded via debit or credit card, deposits are then transacted instantly. It can take somewhere between 2-5 days for international and local bank transfers.
Creating an account with Neteller is free. You can fund a Neteller account with debit cards, Visa, EFT, bank deposits and InstaCash. Customer’s account details are easily accessible after the account has been created. In most cases, withdrawals from the casino are received much faster than they would via alternatives methods when the deposits made via Neteller.
Neteller maintains a variety of account options. Neteller “Express” is the account that is easiest to create. This account supports the Canadian dollar, the British Pound, Swedish Krona, Danish Krone, Euro and U.S. dollar. These accounts are subject to a limit on deposits. Customers can carry out transactions with any merchant registered through Neteller via this account. “Extended” accounts are also available via Neteller. The “Extended” account allows for higher limits on deposits, includes a Neteller prepaid debit card as well as allowing for transfers from peer-to-peer. Upgrading to an “Extended” account can take several days.
Neteller built in a bonus program which is not unlike the rewards programs you might find at any online casino. In this program, customers get 10 “Net” points for each $1 sent to a Neteller-registered merchant.. Every week there are draws for cash prizes. In order to qualify, customers must possess a minimum amount of “Net” points.
While easier to use, credit cards and bank wires are often subject to unwanted scrutiny since the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006. Since its passing, banks in the U.S. are not only subject to regulation in the U.S., they are also subject to having these transactions monitored. Consequently, many players find e-wallets such as Neteller an attractive alternative since transactional activity via the e-wallet needn’t be monitored as it isn’t conducted directly through the banks and therefore isn’t subject for review by any type of banking authority. For those who wish to safeguard their personal and banking information Neteller is one of the fastest, safest and most secure methods available today.