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The current Neteller is unrecognizable when you recall what it was like in its heyday. Paysafe Group Plc is the parent company, with Skrill and Paysafecard also under its umbrella. Greedy fees have turned customers off, not to mention the devastating loss of the Net+ Prepaid MasterCard in 2016, which affected users in over 100 countries. In terms of online gambling, it’s still a commonly used secure payment method. Read on for details regarding using transactions, charges and more.
Getting Started with Neteller
Sign-up online with pertinent information including:
- Date of birth
Gaining full access to all services available will require account and identity verification. Prepare to provide an ID and attached bank account. Unverified users have limited access, including four lifetime purchases up to a specified amount.
Conduct transactions online with partner merchants, request the prepaid MasterCard or transfer the balance to a bank account. Check the processing times in your region as bank transfers may not have same-day availability.
Fees are charged for most deposit methods, withdrawals and transactions involving currency conversion. A fee for depositing is rather discouraging, however, funding your account via bank transfer is free, while withdrawals to a bank will cost you.
Net+ Prepaid Card: A MasterCard branded card to be used for online/offline purchases and ATM cash withdrawals just as any other card would be used. It’s considered a ‘prepaid’ product because the funds availability is based on your Neteller balance. The card is available in regulated markets within the Single Euro Payments Area (SEPA).
An administration fee is charged after 14 months of inactivity and for each subsequent year for up to 3 years of inactivity. Users may reclaim any funds left in the account until the 6th year of inactivity, when funds are forfeited.
Benefits of Signing Up to Neteller via Wizard of Odds
Neteller is a reputable payment method on its own, and with the special set of advantages offered to our readers exclusively, there is all the more to be enjoyed by users everywhere. Anyone who makes use of the special offer will benefit from instant Bronze VIP status, the first tier of the Neteller VIP rewards program. What is more, individuals will be able to qualify more easily for the next two ranks – Silver and Gold VIP, all the while enjoying limits and advantages to the maximum.
Regular benefits of the rewards program are also accounted for, including the personalized account assistance and support throughout the whole year. Verification takes a single day under such circumstances, to qualify you just need to register straight from our link to start making use of the advantages.
The Bottom Line
Neteller is a widely accepted payment method, so you’ll have no problem finding merchants or casinos to accept it. Casinos often process Neteller withdrawals immediately, which means funds hit your account fast. The safety and data protection are top-notch, which leaves the issue of the fees. As compared to other e-wallets like ecoCard, they’re sky high. We’re not sure why they’ve chosen to become one of the most expensive e-wallets on the market, but please review the list of charges before you register. Service charges vary by country and currency.
NETELLER Payment Method Fees and Facts
1. Is there a Neteller VIP program; if so, what benefits are available for the user pool?
Yes, Neteller offers a dedicated VIP program featuring five different levels – Bronze, Silver, Gold, Platinum and Diamond. Customers are automatically ranked as Bronze upon registration, and all they have to do is actively use their account for online payments in order to go up in ranks. The amount you go through will be decisive for your progress across levels.
The motivation behind this lies in the numerous user benefits that come with each level. Everything from lower (or eliminated) money transfer fees, increased amount limits and VIP customer support, to a dedicated account manager and cryptocurrency transactions, there is plenty to be eager about.
2. What is Secure ID for Neteller accounts? What about Two-Factor Authentication?
The two-factor authentication is a more widely spread method of putting account safety into the hands of the holders. In other words, each individual gets to decide if they want to activate it, and thus receive a one-time-use code to their specified mobile device upon each login.
Neteller still employs its own security and protection measures – encryption certificates and other methods. These meet the standards of the industry, and other leading businesses of the same kind, such as Skrill and PayPal.
Secure ID is the latest measure implemented for this purpose – it basically represents a 6-digit code provided by Neteller specifically for your account. It should be kept private, away from anyone apart the account holder, as it is used as an additional means of identity verification for all procedures – login, money transfer, exchange.
3. Is Neteller available for use via mobile devices? Are the security features included in it?
Neteller is completely optimized to allow its clients access to their accounts directly from their mobile phones and tablets, anywhere on the go. All they need to do is download the specific mobile client from the Google Play Store or Apple App Store, according to their OS, and log in with their existing credentials.
Speaking of logging in, the mobile account can have all security features you have been using so far on desktop. This means your funds and data will be completely safe and available, regardless if you’re in need of a mobile charge, online payment or deposit at your mobile casino site.
4. Which countries does Neteller service; how will I know if it is available for me?
Neteller has been present in the industry as one of the pioneering online payment processing service providers. Over the years, they have expanded their network to include most of the global territories and major marketplaces. As a result, it is nowadays easier to list the regions where it isn’t available than to go over the ones where it is.
The official Neteller website provides a list of non-serviced countries, meaning residents won’t be able to choose this e-wallet in the banking section of their top online casinos, per say. They include Afghanistan, Central African Republic, Chad, Cuba, Iran, Iraq, Kazakhstan, Mongolia, North Korea, Sierra Leone, Turkmenistan, Uzbekistan and Yemen, among others.
5. What is the status with cryptocurrencies at Neteller?
The Neteller e-wallet service allows its account holders to send and receive, buy and sell nearly a dozen cryptocurrencies, using no less than 28 fiat ones. All they need to do is choose from the 100 deposit methods and gain instant access to the crypto tokens of their choice. These include Bitcoin, Bitcoin Cash, EOS, Ether, Ethereum Classic, Litecoin, XLM, XRP and 0x.
An added advantage is that crypto transactions are known for their great contribution towards your VIP player level advancement.
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