Neteller is a popular online payment service that can be used at dozens of different websites and online shops, and as an online casino payment method. The service is regularly praised and is today one of the most popular methods for transferring money when gambling online. If you’re interested in learning about the payment option and where you can use it, keep on reading.
As already mentioned, Neteller is an online e-wallet payment method similar to PayPal. It allows users to make instant payments at online websites, either when shopping for goods or when making a deposit at an online casino.
The payment method launched back in 1999 in Canada but the team behind the payment service moved to the Isle Of Man in 2004 as part of a decision to boost the service’s presence in the UK market. It quickly latched on as a popular payment method, particularly when the service became the shirt sponsor for Premier League football team Crystal Palace.
Around 2015, Paysafe Grup, then known as Optimal Payments PLC, bought Neteller along with competitor Skrill. The transaction was worth around €1.1 billion and the payment service has since become one of the most popular methods for making deposits and requesting withdrawals.
Despite its popularity, Neteller is still often overlooked for other similar payment methods like former competitor Skrill as well as PayPal, the payment method most known for being used with eBay. Both work similarly to Neteller in that they offer fast and secure payments. However, Neteller is still well worth using, find out why by continuing our guide below.
One of the reasons Neteller has become so popular is because it’s incredibly easy and free to use. All you need to do is head on over to the official Neteller website and create a free account. When doing this, you’ll need to provide your full name, email address, create a password, and accept the terms and conditions. After you’ve created an account, you’ll need to fund your Neteller e-wallet by debit cards or a bank transfer.
Only once you’ve made a free account and funded your wallet can you use Neteller to make a deposit at an online casino website. To make a deposit at an online casino, you simply need to:
It’s as simple as that! When it comes to withdrawals, you simply need to follow the same process. The main difference is that withdrawals will take much longer to reach you after requesting one. These withdrawal waiting times vary between casino websites so we suggest you read through our in-depth reviews to find out about potential withdrawal timeframes.
This generally depends on the online casino but we’ve found that some online casinos, such as PlayOJO, do charge fees for making deposits via Neteller. However, we’ve found that these fees are generally quite small and are immediately deducted from your overall deposit. More importantly, online casinos that do charge fees for using this payment method inform you before you confirm the payment so you will always know when you are being charged. It’s also worth pointing out that these fees usually only apply for deposits as withdrawals are generally free to request, which is great.
One of the most disappointing drawbacks to using Neteller at an online casino is that, similarly to Skrill, you cannot use it to claim bonuses. In fact, most online casinos actually prohibit you from using Neteller to claim bonuses, forcing to use a completely different method like debit cards or PayPal.
However, you are still completely free to use Neteller to deposit money into your account to later use on a variety of casino games. There are no restrictions when it comes to using Neteller as a traditional deposit method, so go ahead!
As we mentioned above, one of the reasons Neteller is so popular as an online casino payment method is because it’s widely available at online casinos. In fact, due to its popularity, you’ll be able to find it at most UK casino websites including those that are new and those that are old. If you’d like to know some of the online casino websites that accept Neteller, take a look below.
PlayOJO Casino is currently one of the most popular online casinos in the UK due to its wager-free welcome bonus and a huge selection of casino games. The site currently offers players video slots, table games, jackpots, live casino, and it will soon be launching bingo games too. If that’s not enough, the site offers users daily bonuses and promotions and accepts Neteller as a payment option! Learn more with our PlayOJO review.
Videoslots is an excellent online casino for anyone who enjoys playing video slots and other online casino titles. The website has become a popular place for new casino users due to the gigantic selection of game developers it has partnered with, as well as for offering a generous no deposit bonus and a great deposit bonus too. What’s more, the site accepts Neteller as a valid payment option. Discover more by reading our Videoslots review.
The Grand Ivy Casino is one of the most well-known online casinos from White Hat Gaming. The site is offering a gigantic £1,500 welcome bonus along with hundreds of unique and exciting casino games including slots, table games, poker, scratchcards, live casino, and so much more. If that’s not enough, the Grand Ivy also accepts Neteller as a payment method. Want to learn more? Head on over to our Grand Ivy Casino review.
Our final suggestion is PlayJango, another online casino from SkillOnNet which, like its sister site PlayOJO, offers a wide variety of games. You can enjoy a nice small welcome bonus along with plenty of daily promotions, and you can use Neteller to make deposits and withdrawals. What more could you want? Take a look at our PlayJango review for more information.
There are many advantages and drawbacks to using Neteller as a valid payment option. Some of the main advantages to using the payment method is that it is fast and easy to use, with most deposits appearing instantly and withdrawals appearing within a few hours of being requested. It’s also widely accepted at most online casinos, as we’ve already mentioned.
Neteller is also one of the safest payment options around since you’re not actually required to share any personal details when using it. Rather, you simply have to share your account number! What’s more, Neteller also allows for two-step authentication which adds an extra layer of security and safety when it comes to using the payment method.
As already mentioned, there are some disadvantages to using Neteller as a payment option. The biggest drawback is that you cannot use Neteller as a deposit mode for claiming bonuses and other promotions. This effectively forces you into using an alternative payment option and renders Neteller useless for the time being.
Another drawback is that, unlike many other online casino payment methods, casinos may charge fees for using Neteller as a deposit or withdrawal method. These fees are usually minimal, but it can still be frustrating having to pay extra on top of your existing deposit just to enjoy playing at an online casino website.
Neteller is a great online casino payment method but it does suffer from some drawbacks. Whether or not you believe Neteller is worth using at an online casino is down to you, and you’ll have to outweigh the advantages and the disadvantages. For example, people who enjoy claiming welcome bonuses should probably consider a different payment option while users who don’t necessarily care about promotions but want to use a fast, efficient, and safe payment option should use Neteller.
Personally, we think it’s a great online casino payment method thanks to its ease of use and deposit and withdrawal speed, particularly when compared to other payment options which can take several business days to completely process. It’s also great for its tight security and for providing players with a safe way of transferring money.
If you believe you’d like to use Neteller as a payment method for gambling, we suggest you register with some of the Neteller online casino sites listed above. However, if they don’t appeal to your interests, you can take a look at our wider UK casino site list and find a website that does appeal to you and your interests. Check out our in-depth reviews to see which online casinos accept Neteller, and which don’t.