Neteller is an online payment portal, similar to PayPal. It is gaining popularity, and is especially popular in the online casino industry.
Neteller allows you to transfer funds to and from your account, using credit cards, bank transfers, ATMs, etc. If you’ve used a payment processor like PayPal or Alertpay, then Neteller shouldn’t be too foreign to you.
How to use it?
Neteller is used primarily by gamers to transfer funds to online casinos, and to withdraw winnings. Deposits are very easy. You can use a credit or debit card, or link your bank account directly with your Neteller account.
All deposits are safe and secure, and you’ll only have to enter your credit card information once.
Your credit card number and other personal information will never be shared, and it will never be displayed when making a purchase or depositing funds into a casino account.
Transferring money to a Neteller account from a checking account takes 2-3 business days, but using a credit card is instant. Once the funds are in your account, you can make payments, buy stuff, and deposit money in online casinos, instantly.
Withdrawing money to your Neteller account is easy as well. All you have to do is log into your casino account, and request a withdrawal, choosing Neteller.
Some casinos charge a fee for withdrawing, but most of them do not. I encourage you to read the terms and conditions on your casino of choice to find this information.
What to do next?
Once the money has been transferred and is in your Neteller account, you can do several things with it. You can send it to friends or business owners in what is called a Peer to Peer transfer, or you can withdraw it.
You can request it to be transferred to your bank account, which usually takes 2-3 business days. Alternatively, you can request a bank wire, but those usually cost money. You can also request that a check be sent, either through regular mail ($2) or FedEx ($11).
Lastly, you can apply for a Neteller debit card, which is frankly the best choice. Once you have this card, you can withdraw your funds instantly from any ATM around the world.
About the company
Neteller has been serving the world since 1999, and is a publically traded company that can be trusted.
It’s free to sign up for an account, and the fees are very reasonable. One thing that’s different about Neteller is their rewards program. Unlike similar payment processors such as PayPal, Neteller rewards you by giving you 10 NETpoints for every $1 that goes through your account.
You can use these points to enter into cash contests, which are held weekly, bi-weekly, and monthly. There is also a generous refer-a-friend program in place, with one lucky winner winning $10,000 each quarter.
Neteller is one of the largest, if not THE largest, payment processor in the online gambling industry. Almost every online casino accepts it and for good reason. It safe, secure, and quick.
And, unlike using your credit card directly with an online casino, Neteller transactions will never be blocked by your bank, unless of course they are fraudulent.
Official website: http://www.neteller.com/