A Guide to Casino Transactions with Neteller

neteller

Fees

Vary upon casino

Deposit Time

Instant

Withdraw time

Instant

If you’ve been gambling online before, you’ve probably noticed that Neteller is a payment method that is available at most casino sites on the internet. It is an e-wallet that has become incredibly popular, and despite there being a long list of competitors, Neteller appears to cling to the top. What makes Neteller so popular among online gamblers?

Best Neteller Online Casino Sites

Best Neteller Casinos Worldwide

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About Neteller

Here is What to Know About Neteller

So, you would like to use Neteller for your casino transactions? Luckily, this is an online payment method that is available at almost every gambling site on the internet, which could be both good and bad for someone like you. How come? Because with so many options, how do you choose the best Neteller casino?

There are plenty of other things you can consider to help you make the decision, and we recommend browsing through the game library for starters, to make sure the casino has the types of games you are after, such as live casino games or sports betting.

Check out our list below for some of the top Neteller casino sites out there.

Don’t forget that you’re allowed to sign up for as many casinos as you want, so don’t worry if you need to “shop around” a little before you find the site for you. However, set up a budget ahead of time so that you don’t end up spending more than you can afford to lose, and always make a conscious effort to gamble responsibly.

Neteller for Online Casino Transactions

Introducing Neteller as an Online Casino Payment Method

Neteller first opened its virtual doors in 1999, and it didn’t take long for the payment service to establish itself on the market. It revolved heavily around online casino payments at the time, being one of the first e-wallets, and it remains a top payment option at gambling sites today. While Neteller can now be used for other online purchases as well, the company still receives a large percentage of its annual revenue from the casino business.

This revolutionary payment service can currently be found in over 100 countries, but even so, you might want to double-check the availability if you travel frequently and like to gamble when you are on the road.

Paysafe Group is the owner of Neteller, and it also acquired the e-wallet Skrill in 2015, and the two are now the main services offered by the company. However, Paysafe Group is also the owner of Payolution, PaySafeCard, IncomeAccess and Fans Entertainment, making it a company name you will inevitably come across when gambling or shopping online.

Neteller vs. Skrill

The service is known for perhaps being the “PayPal of online gambling”, and it offers similar features as Skrill. The main differences are that Neteller offers more deposit options compared to Skrill, and that it’s available in more countries. On the other hand, Neteller generally has somewhat higher fees than its sister company.

Neither of the two is necessarily better than the other as they both have their pros and cons, but we believe it is important to understand their similarities, and the fact that both are owned by Paysafe Group, so that you can make an educated decision and pick what works best for you and your individual circumstances.

How Neteller Works

An Introduction to How Neteller Works

If this is your first time using Neteller or perhaps even an e-wallet, then it is perfectly normal to feel a little hesitant and unsure, and especially if you’ve gotten used to making your casino deposits with VISA cards, bank transfers or similar. You might wonder how to get started and if there is anything specific that you need, and we’ll cover that here.

Creating a Neteller Account

It is up to you whether you want to create your Neteller account first or if you want to find a casino as your starting point, but once you are ready, all you need to do is to head over to the Neteller website to sign up for an account. Yes, you need both a casino account and a Neteller account, but you can use the same Neteller account for every new online casino.

It doesn’t cost anything to create an account, and you’ll only be asked for your name, email address, a few additional personal details and the currency you wish to set up your Neteller account with. You can change the currency later if needed, and you can receive and send money in any currency (exchange fees may apply).

Verifying Your Neteller Account

When you add your email address, make sure it is correct as Neteller will send out a confirmation link. You can connect multiple email addresses to your Neteller account, just like with PayPal, but you need to pick one to get your account up and running. Once you go to the next step, you’ll receive an email where you need to click a link to verify.

Connecting a Payment Method

Before you can start using Neteller at online casinos from all over the world, you need to take a moment to connect your chosen payment method, which is what will essentially fund your gambling. You can connect bank accounts, bank cards, prepaid cards and much more, and you can also choose to add multiple payment options.

Then, you can either opt to deposit money into your Neteller e-wallet for future (no-fee) transactions, or just have Neteller draw money directly from your chosen payment method whenever you want to make a casino deposit. These can also be updated, changed and removed as needed at a later stage.

Neteller

Neteller Deposit & Withdrawal

It is Quick and Easy to Use Neteller at Online Casinos

Forget about having to type in your card number or have your internet bank software downloaded and up-to-date on your device, and instead, consider using a much simpler payment method that protects your payment information.

You can make both deposits and withdrawals with your Neteller account, unlike e-wallets such as Apple Pay and Google Pay that only allow you to make deposits. The process of making casino transactions is different from how bank card payments and wire transfers are made, but it’s a simple process you’ll get the hang of in no time.

Hassle-Free Neteller Deposits

Neteller deposits to a casino can be made with money already on your Neteller account, or you can use Neteller to pay with money drawn directly from your bank account. Both options work the same and if you don’t have money on your Neteller account then it’ll automatically be taken from your bank instead.

What is great about Neteller is that it doesn’t just work with a bank account. Money can be added to your Neteller account in a variety of ways, such as with VISA, Mastercard, PaySafeCard, Trustly, NetBanking, Klarna and direct wire transfers, and then once the money is available on your account you can easily make your casino deposit.

Just like with most e-wallets, Neteller offers casino players instant deposits so that you can get started with your gambling right away! Depending on your internet connection, bank and other factors, the transaction can take anything from a second to a couple of minutes.

Withdrawing Casino Winnings with Neteller

Withdrawing with Neteller is incredibly easy, and possibly one of the biggest reasons why online gamblers choose this payment method. You go to the casino banking page, choose Neteller and pick the amount you wish to withdraw. You’ll be automatically redirected to sign into your Neteller account.

After you withdraw, the money is usually available in your Neteller e-wallet within seconds or minutes, making it one of the fastest withdrawal methods online. Once the money becomes available on your Neteller account, you can either opt to keep it there for future (fee-free) transactions or have it transferred directly to your bank account.

Fees & Withdrawal Limits

Expect there to be some fees and withdrawal limits when you transfer money from Neteller and to your bank account, but these can vary depending on multiple factors. For example, if you are making a withdrawal in another currency than the one used for your Neteller account, then you could end up paying an additional exchange fee.

Neteller Casino Bonus

Can You Get Casino Bonuses with Neteller Payments?

There is good and bad news for Neteller users, and the bad news is that using Neteller for your casino transactions often tends to prevent you from getting a welcome bonus package. You’ll notice if you read the fine print that casinos often limit their bonuses to those using other payment methods, and that Skrill and Neteller payments make you ineligible.

The good news is that you can get around this even if you generally prefer to use Neteller. All you need to do is to choose a different deposit method the very first time you make a deposit, to get that welcome bonus you’re longing for, and to use another payment option whenever there is a deposit bonus available.

With this in mind, don’t be so quick to discard Neteller just because it might not give you a welcome bonus, fun free spins or an attractive cashback bonus, as this condition is tied to the payment method, and not to your account. There is nothing to say that you can’t variate the payment alternatives you use, so just pick a different one when you want to activate a bonus.

Neteller Pros & Cons

Neteller Pros & Cons

No matter how we look at it, Neteller comes mostly with advantages, which explains why it is available on almost every online casino as a payment method. It is an e-wallet that has been around for many years, but does it also come with disadvantages? We’ve had a look at the pros and cons here below.

Pros

  • Premium SSL Encryption

The Neteller platform is protected by all the latest encryption technology, giving you double protection when you play! Not only is your personal data protected by the casino and its extensive security measures, but you also get premium Neteller encryption and the benefit of not having to expose your personal details to the casino.

  • Free & Instant Deposits

You won’t have to wait to play when you deposit with Neteller, as their deposits are always instant and free, meaning the money will be on your casino account within only a few seconds. Best of all is that it doesn’t take more than a couple of clicks.

  • Payment Info Is Not Revealed

When you are joining a new casino you’re not familiar with, it might feel a little iffy to type in your card number. You’ll no longer have to worry about this if using Neteller, since the payment service never reveals or discloses any payment details or personal information to the receiving company.

  • Available at Most Online Casinos

Neteller is currently one of the most popular payment methods at online casinos across the world, and thanks to its status, you can choose Neteller at almost any gambling site. Use the service whenever you want, wherever you want.

Cons

  • May Make You Ineligible for Welcome Bonuses

Many, if not most, online casinos won’t give you a welcome bonus if you make your initial deposit with Neteller or Skrill. However, there are also some casinos (not very many) that give out bonuses specifically to Neteller users.

  • Fees on Withdrawals to Your Bank Account

If the money is already on your Neteller account, then you’ll never pay anything to make a transfer or casino deposit. However, Neteller does charge you a fee when money is drawn directly from your bank account, and while it is only a small percentage, it could build up if you make payments and deposits frequently.

If top casino bonuses are very important to you and if that’s part of why you gamble, then you might not love Neteller due to the restrictions. Some online casinos may allow you to make use of the welcome bonus also when depositing with Neteller, but chances are they don’t. Consider the pros and cons and make a choice that works for you.

Pros

  • Instant Deposits & Withdrawals
  • Easy Sign-Up Process
  • Available at Most Online Casinos

Cons

  • Limited Bonus Opportunities
  • Fees on Bank Account Transfers

Neteller Alternatives

Available Neteller Alternatives

Neteller truly is a good payment option for those who gamble online, but if it doesn’t feel right for you or if you rather use a casino payment method that doesn’t prevent you from getting a welcome bonus, we’ve listed some options that might suit you better. Have a look and consider both the benefits and downsides of each alternative.

Neteller is far from the other e-wallet out there, and while we will list the other top options, we’ll also make sure to include a couple of alternatives you might not have taken into consideration before.

Perhaps you already have a Skrill account and prefer this to creating a new account with Neteller? These two are very similar and one could easily substitute one with the other, and we therefore recommend using the one you feel comfortable with and that is the most accessible to you. Keep in mind that Skrill doesn’t usually qualify for welcome bonus offers either.

With the EcoPayz electronic wallet, you can make instant casino transfers with only a couple of clicks. It can be used all over the internet and even for buying Bitcoin and other cryptocurrency, and many online casinos have hopped on the bandwagon and are now offering this popular e-wallet as one of their payment methods.

When using InstaDebit while gambling, you can easily avoid fees by using money already in your e-wallet rather than having money withdrawn from your bank account. It is a little less common than some of the other casino payment options here, but a secure alternative to Neteller and other e-wallets.

You won’t find too many gambling sites where you can pay with PayPal, but when you do, you can almost be sure it’s a casino you can trust. PayPal is known for being highly selective when it comes to any type of company they choose to work with, and especially with online casinos. PayPal won’t want their name associated with a sketchy site.

Someone who owns an iOS device such as an iPhone or an iPad can benefit from using Apple Pay, as it is usually already installed on new mobile phones and more. The way you can use Apple Pay is somewhat limited, but it works perfectly well for online gambling.

Not an iPhone user? No worries, as you can always use Google Pay instead. Google Pay is designed for Android device owners, but a limited version of the app is available to iOS users as well (only in the United States and India).

Neteller VS Other Payment Methods

Payment MethodProsCons
PayPalHighly secure. User-friendly. Good customer service. Instant deposits.Not available everywhere. Fees on transactions.
SkrillAvailable at most casinos. Reliable online money transactions. Experienced company. No need to reveal your data to the casino.Casino bonuses may be unavailable. Fees on transactions. External account needed.
Google PayGreat option for Android users. Secure handling of personal information. Available almost everywhere.Limited version only available to iOS users in the US and India. Unavailable to other iOS users. Only available for deposits (no withdrawals). 
InstaDebitSimple mobile phone payments. User-friendly platform. Low fees Fast transactions.Location restrictions. Currency restrictions.
EcoPayzInstant casino payments. Can be used for other internet purchases. Offers a prepaid card.Prepaid card only available in Europe. Limitations on currency options. Less popular than Skrill and Neteller.
Apple PayHassle-free transactions. No-contact payments. Available at many online casinos. Low and convenient fees.Only available to iOS users. Only for deposits and not withdrawals.

Conclusion

Our Thoughts

With being one of the top payment methods at online casinos around the world, that alone is a sign of Neteller having done something right. We had a thorough look at the service and it was easy to see what it is that draws casino players to it, and especially with the simplicity Neteller offers when it comes to deposits and withdrawals.

This e-wallet gives you the option of keeping your banking information safe and private, as only your login is required for a casino transaction. It is secure, fast and a modern way to pay online, which makes it ideal for online gambling.

The only real downside is that welcome bonuses and other casino offers may not be available to those paying with Neteller, and this is something you should take into consideration before making your final decision for how to pay.

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