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Updated: 03/12/2024

Neteller – payment method offered by online bookmakers

Updated: 03/12/2024

A brand of Optimal Payments PLC, formerly called Neovia Financial PLC, Neteller was founded in 1999 and provides the safest and the fastest money transactions carried out online. This well-known electronic service enables customers to deposit, transfer and withdraw funds in the quickest way possible and is a trusted e-wallet system by merchants and general consumers alike. It is regulated by the Financial Services Authority in the United Kingdom and ensures full security of online transactions. It uses military grade encryption that tightly seals its reliability. All information is transferred in a secure manner and stored in a completely safe data center while updates ensure that your transaction history remains totally secure.

Neteller has helped businesses improve revenue by minimizing fraud risk and its customers come from a varied range of industries that include gambling, entertainment, travel, financial services and social networks to name a few. It offers financial services to more than 180 countries across the world in 17 different currencies. It supports 11 different languages making it easily accessible to millions of people worldwide. Individuals may use the e-wallet system to transfer funds to family, friends, other users of the e-wallet system and even to their own local bank accounts if they receive funds into this account. On the other hand, merchants also use the account to pay their employees, partners, suppliers, affiliates and sometimes even their customers.

With low exchange rates and instant fund transfer to and from any merchant or gaming sites, Neteller proves to be an ideal alternative for those who rely heavily on online transactions. It now offers the new Net+ card program, which is a prepaid MasterCard credit card that enables you to transact at more than 32 million outlets, POS and various cash locations worldwide. To use Neteller, you need to sign up for an account just like any other electronic payment system. Anyone can create an account, except for nationals from the US, Malaysia, Indonesia, Thailand and Afghanistan. You can fund your account via VISA and MasterCard credit cards, Maestro and Electron debit cards, EFT, Wire transfer, GiroPay, InstaCash, Ukash, Poli, Carte Bleue, DirectPay24 and CartaSi.

Online gamblers have relied heavily on Neteller for secure funds transfer to and from their betting account because of its highly secure online system. Almost all sportsbooks, betting exchanges and other gaming sites accept Neteller as a payment option, making it a great favourite among bettors. With the e-wallet system, you can be assured that your credit card details do not get leaked, as you are not required to fill in credit card details every time you want to make a transaction. This is because the data is already stored in the data bank for security reasons. US customers are however not entertained, as Neteller does not accept them ever since US laws put the prohibition on its citizens in certain states from gambling online. Due to this law, most e-wallet systems have suspended gambling account services to US clients.

Opening an account at Neteller is very simple. You need to fill in some of your personal information and most importantly the email address that you are going to use to upload or withdraw funds from your account. As for funding your gambling account, the betting site will ask you to provide your account number and email address used for transactions at the e-wallet. Also you may be asked for your secure ID number at some gambling sites. At most of the leading online bookmakers and gaming sites using Neteller as a payment portal, the e-wallet system offers instant fund transfer to the betting account. Those sites that do not have the instant deposit facility offered to them by the e-wallet have deposit transferred within 24 hours, which is not at all a long wait.

Some of the top-rated online bookmakers that offer the e-wallet as one of their payment options include Bet365, Ladbrokes, Centrebet, Canbet, Eurobet, Betsson, Paddy Power and a plethora of other sportsbooks and betting exchanges. To locate betting sites that offer Neteller as a payment option, you can simply type in the words ‘Neteller Gambling Sites’ and you will get a whole list of providers that you can choose from. If you are already actively involved in online gambling, you may possess a Neteller account and if you don’t, you probably know the top names in the gambling industry, so it would not be difficult for you to separate the ones that offer you this e-wallet payment mode. You could now open an account at the e-wallet and get started on a safe online transaction to and from your betting account.

You no longer stand the risk of identity theft or frauds with this secure e-wallet system at hand, which has become one of the biggest independent fund transfer option. It also has a number of associates and partners together with which, Neteller is able to provide efficient worldwide services to customers across the globe. You can not only use the e-wallet system for safe online transactions, but can also earn from it through its affiliate program that enables you to earn income by referring new, active customers to their website. So you can easily grab this opportunity as well, if you have a lot of friends and family who indulge in Internet activities that require money transactions to take place. While they get a secure mode of payment, you earn money for the reference.

Headquartered in the Isle of Man, the parent company, Optimal Payments PLC has offices in England and Canada. Neteller is just one of its many brands providing online money transfer services, but it is the most well known and by far one of the most sought after e-wallet systems in the world. Also when you become a Neteller member, you get to avail yourself of various opportunities like winning cash prizes, participating in various promotions and being treated like a VIP. All these are reasons enough to make you decide on opening an account at Neteller instantly. You will surely benefit from it if you are used to carrying out a lot of Internet transactions.

Contributor

Kendall Y. Phillips

Kendall Y. Phillips

Responsible for exploring the gambling market and finding new local brands for our analysts and authors.

Interests: Casinos, Betting