Neteller

Using the Neteller payment system for deposits, bets and payouts in online casinos and betting offices.

Neteller is one of the largest independent payment systems, which is actively used by gamblers for making transactions in online casinos and bookmaker oficces. Users choose a Neteller e-wallet for several reasons:

  • wide geography and currency choice;
  • high speed, reliability and confidentiality of money transfers;
  • the ability to conduct money transactions in specific markets where the use of traditional payment methods is not possible.

General information

The company that owns Neteller payment system was established in 1996, and the service itself has been operating since 1999. There is a license for issuing electronic money and transactions related to payments, storage and conversion.

The company occupies almost 80% of the market now. This is also due to the fact that several years ago the owner of Paysafe brand bought out a controlling stake in the main competitor, Skrill. So in fact, these two services belong to the same group of companies.

Inside the system there is a static commission of 1.45%. In this case, you can choose who contributes this amount – the sender or the recipient. If you send the amount in one currency, and recipient gets it in another, you will have to pay 3.99% for this service. Therefore, it is more profitable to use accounts with the same currency. Users with privileges (statuses from Bronze and above) pay less for services within the service.

New countries are connected annually. Now Neteller.com’s opportunities are legally used in more than 200 countries of the world. There are several regions where the number of available services is limited by law. These are Israel, Macau, Hong Kong and Canada. This is due to the legislation and the requirements of state regulators.

How to register an account on the site?

Visit the official website of the system in your country. Click "Login". You will be prompted to enter your login and password or join. Registration form includes last name, first name, e-mail. You will need to come up with a password also. It is required that it contain at least one uppercase letter, number, as well as Latin letters. The length of at least eight characters.

Then you agree with the rules, processing your data, click the confirmation button. The next window that opens offers you to specify the country of residence and the currency in which you will deposit funds.

Many regions are supported. However, if you are a US resident, you will receive a message saying that from June 28, 2019, the program for this country will be terminated. This is due to the fact that the company in America will be combined with Skrill payment service.

Then you will be asked to provide the following information:

  • Date of birth in the format of the month, day, year;
  • Your sex recorded at birth;
  • Registration address;
  • City, region, zip code;
  • Mobile phone.

After that, you will be available to the account and a virtual card. The procedure for creating an online wallet is free. However, there is a requirement to conduct an operation after this for a year. This may be a deposit, funds withdrawal or getting money to an account from another user, an Internet service. Otherwise, you will be charged a fee of $ 40. It is possible to order a branded plastic card.

Another mandatory requirement is verification. It is required to identify in the system. If this is not done, you will be automatically cut the limits on depositing and withdrawing funds.

The system sends an id – a six-digit code that you will enter when you confirm transactions. It should be kept in a safe place so as not to bother with recovery.

Deposit and withdrawal of funds in Neteller

Due to the international system, it supports many options for depositing and withdrawing money. You can add funds in the following ways:

  • Bank cards in systems MasterCard, Maestro, VISA.
  • Bank transfer.
  • Skrill wallet with a commission of 3% of the amount;
  • Internet wallets Yandex Money, QIWI, commission of 8%.
  • Through online exchangers Paybis, Magneticexchange and others.
  • BTC wallet for cryptocurrency funds holders.

If you use the card, it must be active 3-d Secure function.

If you want to withdraw money, there are several ways to output:

  • Bank transfers;
  • Net withdrawal + card;
  • On Skrill account;
  • Exchangers. You can use them to exchange internal Netteler’s currency on PerfectMoney, Webmoney, Yandex.Money, QIWI, other electronic money, crypt.

To use the exchanger, you need to log on to one of these sites. For example, Magnetexchange, specify the type of deposit currency (Neteller) and what you want to receive. There are many options.

  • You can transfer funds to the Exmo cryptocurrency exchange account, Okpay, PM, Yandex, Moneypolo, Payeer, Advcash wallets and others.
  • The fee will depend on the chosen method and the amount transferred.
  • Your Neteller account has to be verified.

There is no direct withdrawal to the card if you have not purchased an internal system card. Therefore, many betting and gambling fans choose a slightly longer but more profitable way. First, they conduct a Neteller-Skrill transaction with a commission of 3% of the amount, and then on a card added to a Skrill wallet.

Internal Bonus System for Neteller customers

The company offers a bonus program for customers. It is called VipDeposits. What its members get:

  • Ability to order a free MasterCard card.
  • Transfers between accounts without fees.
  • Fast verification procedure.
  • Opening a second account in any supported currency.
  • The limit of transfers within the system is $ 100,000.

For existing customers, the connection to the program is free. You need to fill out a form, indicate that you have an account, enter an identifier and email, become a member.

Neteller System benefits

Neteller will be needed if you often make some kind of online payments, bet on sports on popular betting sites, invest in crypt, love online casinos.

We list the key advantages:

  • Customer security and reliability. The system operates under the supervision of FCA – the UK's state regulator.
  • Transaction security. All data is encrypted, securely stored, and can not be transferred to the third parties.
  • Many replenishment options.
  • Support for more than 20 world currencies.
  • Select the site localization language. At the time of the review, there were 15 of them.

It is accepted in many online services – on exchanges, binary options, casinos and slot machines sites, bookmakers, online games.

Cheap issuing service of a physical payment card to pay for offline services and goods.

The system works in most regions of the world – Europe, Asia, the CIS, America, and is trusted by professionals.

User flaws

Although Neteller is a well-thought-out payment system that protects the client interests, it also has disadvantages:

  • Few direct withdrawal methods. If you need to expand opportunities, you have to use exchangers.
  • There is also no direct withdrawal to bank cards.
  • Fee for inactive account. In fact, the client is obliged to perform operations so that they do not charge $ 40.
  • Obligatory verification to increase limits. If you operate with large amounts, verification obligatory.

The last point is not liked by those users who prefer to maintain the anonymity of actions on the network. Unfortunately for them, the requirements of regulators are the same for everyone. We'll have to tie the account to the documents.

Mobile access

If you prefer Internet access from smartphones, tablets and other portable devices, Neteller has everything you need:

  • Mobile version;
  • App for Apple technology based on iOS.
  • Android client.

Through the application, all key options are available:

  • Balance check;
  • Withdrawals;
  • Send and receive quick transfers from other users.

It is enough to specify the currency, the amount and confirm money transfer.

Limits and levels

Your account has a level. Depends on the status of operations, the amounts that you spend through the system during the day, month. There are five such levels in total, from bronze to diamond (maximum limits).

Contacts, communication with the administration

If you have any technical problems with access to your account, do not manage to complete the transfer of funds or have any questions, you can ask them to support staff. Next, a menu opens that lists the most popular queries. Below are frequently asked questions (FAQ).

On the right is Feedback green button. There is no chat on the site, telephone hotline – too. The easiest way to get technical support is to contact directly not on the site, but through their official Facebook page. They respond faster.

Neteller Reviews

We have to admit that not all users praise the system. Most often, it is the newcomers who speak negatively about it. This is due to the fact that they often get a lock with the requirement to verify the account. Attempts to ask someone a question through the site are useless. It lacks any familiar communication scheme with the administration. There is no call center where you could be given an intelligible answer, and the set of standard options in the FAQ is not always useful for a specific user.

Results

In general, Neteller is an advanced online payment and transfer system, convenient for several categories of users. It is used by brokers, bettors, slot machine and online poker fans. Often it is useful for paying for goods and services on the Internet. A nice plus – Neteller cards, support for cryptocurrency payments, high limits with the identified account.

If you bet on the sport or regularly play in a casino, having an identified account in this online service will save time and money.