Neteller offers a convenient and safe platform to ensure funds are
transmitted or withdrawn securely and expediently. It was founded in 1999 and is
headed by Neovia Financial PLC, a global payments company based in the Isle of
Man and publically traded on the London Stock Exchange. Neovia is the provider
of various online trading solutions such as Netbanx, NEteller e-wallet and Net+
pre-paid debit cards which are currently being used by both consumers and
merchants across 160 countries nationwide.
Netbanx is an online payment service provider (PSP), offering
'card-not-present 'debit and credit mechanisms for online merchants. Through
this mechanism, consumers are able to deposit and withdraw funds online using
Neteller, an e-wallet/e-money facility, which is governed by the UK's Financial
Services Authority. A Neteller account is free - but be aware of transaction
fees. There are several currency options available, including AUD, BGN, CAD, DKK,
EEK, EUR, HUF, GBP, INR, JPY, LVL, LTL, NOK, MXN, RON, PLN, RMB, SEK and USD.
The Neteller transaction process involves the client depositing funds into
his/her Neteller account for use at NETeller casinos, other online gaming sites
or other electronic merchants. This can be done by local bank deposit,
international fund transfer, Net+ pre-paid debit cards, credit cards, debit
cards or instant bank deposit via Poli, GiroPay, Ideal, Ukash, DirectPay 24 or
Sofort. Credit cards, debit cards and instant bank deposits are instant, whilst
local bank deposits and international fund transfers require a waiting period of
two to five days for the monies to be reflected in the Neteller account. Waiting
period aside, these deposit options do not incur a transaction fee, as opposed
to the other payment methods which are billed a fee of 1.75%. Withdrawals using
a Net+ card is immediate, but withdrawals from any other means may take anything
from three to five days.
Neteller is available in an express format, allowing the client immediate
sign up and a deposit limit of £2,150.
Alternatively, an upgrade to Netellet Extended is freely available, and whilst
it may take a few days for the account to be activated, it provides clients with
a rolling limit. The true advantage of Neteller lies in the fact that Neovia
maintains all its client's funds in trust accounts, completely separate from
their operating accounts. As such, cash is immediately available and is not
susceptible to global financial crisis.
Whilst Neteller is available in most countries as a trading mechanism for
online purchases or peer-to-peer transfers, availability varies by country for
gaming transfers.
We profile some of the most reputable Neteller Casinos and Neteller casino
bonuses on this page.
