Neteller is both a global payment provider and digital wallet similar to PayPal, and it is frequently used at both online casinos and sportsbooks as it provides customers with payment security and flexibility.
In this Neteller casino guide, we specifically look at how this payment method works at these sites for deposits and withdrawals, the potential verification processes you have to make, and how it compares to other common options. Not only that, but we’ll provide several recommendations of Neteller online casinos you can try today.
Neteller offers some of the fastest withdrawals for online casinos, and it has the capacity for instant payments. Additionally, it gives customers an extra layer of security, as you should not have to directly enter your bank account details. However, there can be Neteller payment and transferal fees, and there is more effort needed to shift funds back into your actual bank accounts.
Pros and Cons
Great security.
Bank detail protection.
Fast withdrawal processing.
Payment flexibility.
More effort for money movement.
How to Make a Neteller Casino Payment
Neteller is a digital wallet similar to PayPal. When you create a Neteller account, you then link one or more bank accounts to it. It’s then possible to transfer funds from your bank accounts into your Neteller wallet. Once your wallet is credited, instead of making direct payment, you transfer money from your Neteller account to the online casino.
Understanding Neteller Casino Deposits and Withdrawals
Once you have your Neteller account created, and it is credited with funds, you can use it to make deposits and withdrawals at Neteller online casinos. From our experience, the typical process will involve these steps:
Log in to your Neteller casino account.
Open the banking section.
Select Neteller as a payment method.
Enter the payment amount.
Enter your Neteller login details in the pop-up box.
Complete any verification.
Finalize the transaction.
Instead of entering your payment details, you have to log in to your Neteller account – this then allows you to take funds directly from your Neteller digital wallet balance.
Neteller Verification Requirements
When creating your Neteller account, there will be an initial verification process before you can make payments. This is essentially a full KYC check where you might have to provide ID documents and a selfie. When making a payment at a Neteller casino, you also have to log in to your account, and depending on the security settings you have on your Neteller wallet, you may have to complete a 2FA verification as part of the log in.
A Quick History of Neteller
Neteller was originally launched in 1999 and it is one of the first digital wallet solutions. The brand was created in Canada, but has since moved to the Isle of Man and is now owned by the Paysafe Group which also owns Skrill. Aside from its digital wallet solution, Neteller also offers a payment getaway, prepaid cards, PSP, cryptocurrency exchanges, and money transfers.
How We Rank Neteller Against Other Payment Methods
There are other
casino banking methods
aside from Neteller, and the below table gives a simple comparison of the top options:
Payment Method
Deposits
Deposit Speed
Withdrawals
Withdrawal Speed
Neteller
Yes
Instant
Yes
Instant to 24 hours
Bank Transfer
Yes
Instant
Yes
1-5 business days
PaySafeCard
Yes
Instant
No
N/A
Visa
Yes
Instant
Yes
Up to 24 hours
As you can see, Neteller is one of the better options for withdrawal processing speeds, and in some instances payments can be processed instantly, whereas other options like ACH Bank Transfer are much slower.
Three Fast Facts for Neteller Casinos
During our time testing Neteller casinos, we have found a few simple facts that helped us using this payment method.
💳 You can link multiple payment methods
A benefit of a Neteller wallet is that you can have multiple bank accounts linked to it. This gives you greater payment flexibility, and the ability to move money around from different sources depending on availability.
💰 There can be Neteller fees
Depending on your location, there can be fees including bank transfer withdrawal fees, money transfers, and depositing funds into your Neteller account. These can be as high as 2.5%, so it’s important to check what you are paying before you execute any transaction at a Neteller casino.
🌍 Currency conversion is available
Neteller works with multiple global currencies, and you do have the option of converting currencies if the online casino you are trying to access accepts something different other than your native currency. Please be aware though that there can be currency conversion fees which can reduce any potential withdrawals you make.
Our Top Three Neteller Online Casinos
Like
Skrill casinos, some Neteller sites are better than others. Using our testing and experience, we have selected three sites which we think offer the best Neteller payment setup, and online casino experience.
Bet365 – Superior Mobile Gaming Experience
bet365 has a versatile banking setup which includes Neteller payments. Withdrawals here are typically processed within 24 hours max, and they offer low minimum withdrawal limits. This is one of the better Neteller casinos when it comes to mobile gaming as it features two apps. One from the Play Store, and one from the App Store. Both have positive customer ratings, and contain mobile-optimized games. bet365 is one of the better options for video poker as it has classic versions like Five Play Draw Poker and Triple Play Draw Poker. Additionally, it offers a dedicated live dealer collection with titles from Evolution like Crazy Time and Infinite Blackjack.
Caesars – Large Megaways Slot Collection
Neteller Casinos Offer Payment Flexibility
Neteller remains a popular payment option for online casinos due to the flexibility, security, and reliability that it provides. If you have a Neteller account, or if you plan on opening one, you can check out the banners we have on this page, and try out our recommended Neteller casinos including bet365, jackpotCity, and Caesars.
Neteller Casino FAQs
Yes. Neteller is usually one of many payment methods.
bet365 offers the best overall game variety, and we also think it has the best mobile apps and banking setup.
Yes. Neteller is known for its security, and it also offers a safeguard as you do not have to directly enter your bank details with the online casino.
