If you’re looking for online casinos that accept Neteller, you’re on the right page. In this article, we’ll cover all you need to know about the popular e-wallet. We’ll discuss some of the major advantages and disadvantages of using Neteller for deposits and withdrawals in online gambling sites and show you some casinos that accept Neteller.
Neteller was officially created back in 1999 and began processing transactions for online gambling in 2000. In other words, Neteller was one of the first e-wallets to offer its services exclusively to online gamblers. Even though it was established in Canada, it moved to the Isle of Man in 2004, where it continued to operate.
The company is currently owned and operated by a British company that focuses on global payments called Paysafe Group. The company currently also owns the popular Paysafecard, as well as the Neteller’s main competitor Skrill. As a matter of fact, one of the important milestones in Neteller’s history took place in 2015 when Paysafe Group (then called Optimal Payments Plc) acquired Skrill Group.
Neteller is currently considered one of the leading e-money transfer services in the world, next to PayPal and Skrill. It’s also commonly used by Canadians for making online transfers to and from online casinos and other gambling services.
Whilst Neteller is a great e-money transfer service, like all money transfer services it does has its advantages and disadvantages. Here we highlight a few:
It’s accepted in Canada — Canada is one of the countries where Neteller is able to offer its services.
Neteller and Skrill (formerly known as Moneybookers) were fierce competitors back in the day. However, both services are now owned by the same company — Paysafe Group, meaning there’s no real competition between them anymore. As a matter of fact, they are quite similar, and it’s up to you to pick which one you like more.
For both depositing and withdrawing there are certain procedures or steps to follow. Here they are.
To start using Neteller, you first need to add funds. Here is how to do it:
To withdraw your funds from Neteller, here’s what you need to do.
Once your withdrawal is confirmed, you might have to wait a couple of days before your money arrives in your bank account. Please pay attention to withdrawal fees as well.
Transfer times are perhaps the biggest advantage of Neteller, as it allows you to make instant transfers to and from online casinos. In other words, you’ll be able to fund your casino balance efficiently using a very reliable payment method.
Please take into account that almost all online gambling platforms need to review and approve your withdrawal request regardless of the payment method you use. This process can sometimes take up to a couple of business days, and it has nothing to do with Neteller’s transfer times. If quick payouts are important, then make sure to pick the gambling platforms that don’t take too much to approve your withdrawals. Also, you might have to wait an additional time when you withdraw your funds from Neteller to your bank account — usually up to five business days.
As you can see, Neteller is instant, but the surrounding transactions still need some time to be processed. Nevertheless, if you already have some funds in your Neteller account and want to use them to play casino games, you’ll be able to transfer them to the casino of your choice right away.
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