Neteller Casinos with Instant Withdrawal (2024)

Neteller is a popular payment system intrinsically linked with the online gambling industry. In 2000, the company was processing transactions for 85% of the online casinos worldwide, with its income being 95% derived from casino payments. Gradually, Neteller encompassed many other areas, but up to this day, it remains one of the most popular methods for online casino deposits.

Neteller is an online payment system and e-wallet allowing individuals and businesses to send and receive money. The business was founded in 1999 and has since become one of the leading global payment solutions for online transactions. Neteller provides a convenient way to transfer funds and make payments across various online platforms, including online casinos, and it's fair to say that the wallet is a very popular choice among casino players.

In essence, people can create a Neteller account for free and link it to their bank accounts or bank cards. In that sense, the wallet offers a really convenient way to operate with your money, as it's not necessary to log in with your bank in order to initiate and complete a transaction. Consequently, a key feature of Neteller is its ability to carry out instant money transfers – a feature all casino players love.

Neteller also offers a prepaid Mastercard called Net+, which can be linked to users' accounts so that they can make purchases at physical stores or withdraw cash from ATMs that accept Mastercard.

As for the company, it was founded in 1999 in Canada, but soon after, it moved its headquarters to the Isle of Man, a British territory that is a part of the Commonwealth – the change took place in 2004. Later on, Neteller took part in various mergers and acquisitions, all of which will be mentioned shortly.

Considering security, the safety of Neteller users has become a top priority for the company. First and foremost, the firm that currently operates Neteller, Paysafe Limited, is authorised and regulated by the British authority FCA, which brings a lot of features to the table. A notable one is that FCA urges licensees to keep clients' money in segregated accounts, which greatly reduces risks. Another feature is that chargebacks are easier to start and complete, so in case you want to dispute a transaction, you have the means to do so. Also, Neteller, as a regulated online payment system, has the responsibility to carry out KYC and AML verification, both of which are security procedures preventing international crimes that also increase customers' safety. Additional security measures are the following:

• Encryption and Secure Data Storage –  Neteller employs military-grade encryption for transmitting sensitive information, such as financial details. Additionally, user information is stored in highly secured data centres, and regular backups are performed to maintain the safety of transaction history. This includes the use of the most recent SSL encryption certificates, which evades identity theft or unauthorised access to accounts.
• Online Fraud Protection – For businesses using Neteller, the platform offers industry-leading security tools to protect against fraud and identity theft. These tools include identity verification, real-time identity and age verification technology. To enhance security, Neteller integrates with regional ID verification systems.
• Secure Process – When making transactions with Neteller, users' personal financial information is not shared, and their payment methods remain undisclosed. Neteller keeps personal information in a secure environment to ensure the safety of user data.

Fees and Times

Neteller deposits to online casinos are instant and free of charge, so there won't be any fees unless the casino has some specific policy.

When it comes to casino withdrawals, most houses usually do not charge transactions, so it's unlikely to pay any fees to withdraw. Neteller also won't charge you since the “Receive Money” service is free regardless of whether it's an international bank transfer, a card-to-wallet or a wallet-to-wallet transaction – receivers do not pay. A thing to note is that the maximum amount you can withdraw is restricted. In rare cases, you may be capped to $1000, but the usual limits are $2500 to $3000 per transaction.

As a casino player, you should also know that gambling houses may have promotion restrictions that affect Neteller deposits. In simple words, particular bonuses may not be available for Neteller deposits, so keep this in mind.

Users of Neteller, though, will come across fees depending on different factors – the type of transaction, the bank you use, the currency, the level of your account, or whether the payment is a local or international transfer – those are the most typical ones. After all, a payment system cannot be completely free to use.

In most cases, to deposit into your Neteller account, a charge of 2.5% of the sum will apply. Nonetheless, it still depends on where the money comes from. For example, according to the latest information, if you transfer money from credit/debit cards, most wallets or another payment system, the fee remains 2.5%, but not for MB Way, PagoEffectivo, PaysafeCard or Rapid. In those instances, the fee will be either zero or 1%, except for PaysafeCard – up to a 5% fee, but with the option for 0%.

On the other hand, if you make a bank local deposit, the fee will vary from 0% to 1%. For international bank transfers, a 2.5% fee will apply.

Considering withdrawals from the Neteller account, the fee greatly varies. See the typical ones according to the latest information:

• Bank Transfer – $10
• Crypto Wallet – 2%
• MasterCard – 0 to 3.99%
• Visa – 0 to 3.99%
• Member Wire – $12.75
• Neteller to Neteller – 2.99% with a minimum of $0.50
• Net+ Prepaid Mastercard – 0 to 1.75%
• Skrill – 3.49%

Also, keep in mind that other fees may incur, as well. For example, if you buy crypto with fiat money, a 1.50% fee will apply. The same goes for foreign exchange, but with a higher fee – up to 3.99%. Nonetheless, keep in mind that the currency and the amount will affect the fee, so the charge may also be significantly lower.

Similar Payment Methods

Milestones

1999 – Neteller is founded. The company was established by two Canadian entrepreneurs, with the primary objective being to provide a secure and convenient payment solution for online merchants.

2000 – Neteller enters the online gambling market. Recognizing the potential of the emerging online gambling industry, Neteller shifted its focus and became a leading payment processor for online casinos, poker rooms, and sports betting websites.

2004 – Neteller goes public. The company entered the London Stock Exchange and became a public company, which made it possible to raise capital and expand operations. To complete this, Neteller moved its headquarters to the Isle of Man.

2010 – Neteller changes ownership. Optimal Payments, a British online payment processing company, acquired Neteller and became the parent company. This acquisition brought stability and new investment to Neteller.

2011 – Neteller expands its services. The company expanded its services beyond the online gambling industry and started catering to a broader range of e-commerce merchants and customers.

2015 – Neteller rebranded as Paysafe Group. Optimal Payments underwent a rebranding process and changed its name to Paysafe Group, encompassing various payment processing brands, including Neteller.

2018 – Paysafe Group acquired by private equity firms. The company was acquired by a consortium of private equity firms, Blackstone and CVC Capital Partners, in a deal valued at approximately £3 billion.

2021 – Paysafe Group goes public again. They completed the merger with a special purpose acquisition company (SPAC) called Foley Trasimene Acquisition Corp II, which resulted in Paysafe becoming a publicly traded company on the New York Stock Exchange (NYSE).

2023 – Ongoing expansion. Neteller continues to grow and attract more and more customers. The wallet remains a top player in the online gaming industry.

How To

Opening an account with Neteller is a pretty straightforward process.

• Go to the website neteller.com and click Sign Up.
• From the menu, select the country of residence and the currency you would like to use.
• Link your phone number. This is critically important since your phone will be used for 2-factor authentication.
• Complete the rest of the information required to fill in and accept TCs. Thereon, you will have to pass AML and KYC verification.
• Link your bank card, bank account etc. Usually, cards are immediately verified and linked, while for bank accounts, you may need to wait a little bit longer.
• Depositing with a casino. Once you have money in your Neteller balance, go to your casino and navigate to the cashier page. If Neteller is available, click on it, and enter your Neteller address with the sum you want to deposit, then authorize. Money should appear at once, and you can start wagering straight away.

Countries

Neteller is available in more than 140 countries, but note that the USA is not on the list. The wallet is accepted in the following:

Albania, Algeria, Andorra, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Bhutan, Bolivia, Bosnia & Herzegovina, Brunei, Bosnia And Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cabo Verde, Cambodia, Cameroon, Canada, Cape Verde, Chile, China, Colombia, Comoros, Costa Rica, Côte d Ivoire, Croatia, Cyprus, Czech Republic, Denmark, Dominica, Dominican Republic, DR Congo, Ecuador, Egypt, El Salvador, Estonia, Ethiopia, Faroe Islands, Fiji, Finland, France, French Polynesia, Georgia, Germany, Ghana, Greece, Greenland, Grenada, Guadeloupe, Guatemala, Haiti, Holy See, Honduras, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kenya, Kiribati, Kuwait, Latvia, Lebanon, Lesotho, Liechtenstein, Lithuania, Luxembourg, Malaysia, Maldives, Macao, Malta, Marshall Islands, Martinique, Mauritius, Mexico, Micronesia, Moldova, Monaco, Montenegro, Morocco, Mozambique, Namibia, Netherlands, New Zealand, New Caledonia, Nicaragua, Nigeria,North Macedonia, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Reunion, Romania, Russia, Rwanda, Saint Lucia, Samoa, San Marino, Sao Tome & Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Korea, South Sudan, Spain, Sri Lanka, St. Vincent & Grenadines, State of Palestine, Swaziland, Sweden, Switzerland, Tanzania, Thailand, Tonga, Trinidad and Tobago, Tunisia, Turkey, Tuvalu, UK, Uganda, Ukraine, United Arab Emirates, Uruguay, Vanuatu, Venezuela, Viet Nam, Zambia.