Neteller is a popular payment system created in 1999 in Canada. Right after the acquisitions and mergers, Neteller became a prominent part of the British Global Payment Group. You should note that Neteller doesn’t come with any banking license. On the other hand, it focuses on e-transfers from and to merchants.
The potential customers are forex trading groups, bookmakers, and social networking businesses. While the number of Neteller bookies is increasing, it is deliberately emerging as one popular payment method amongst bettors. Apart from being a commendable money transfer service, Neteller enables users to pay online.
All the players need to do is choose Neteller as their payment method while they checkout. This payment method also provides its users with a prepaid card. Thus, their potential clients can pay to those stores that accept this payment solution or Neteller prepaid card. Users can fund their Neteller account using 59 distinctive currencies, and the major e-commerce retailers also get them.
Indeed, the popularity of Neteller amongst consumers has considerably increased the number of Neteller bookies recently. This E-wallet hosts many features, but is it worth the hype? Read this extensive BetZillion guide to learn about the best bookies using this payment method.
A BetZillion Guide to Creating a New Account in Neteller
Creating an account on Neteller has become easier than ever. This procedure doesn’t only come for free or is super quick, but is worthwhile for depositing at sports betting websites.
Here are a few steps you need to follow to create an account on Neteller:
- Navigate through the website of Neteller and click on the “Join for Free” option.
- Once you are automatically redirected to the sign-up page, you need to fill in your credible credentials. Make sure that you create a complicated password to provide increased security.
- Next, you must confirm all the details you have entered. You can easily carry out this procedure through email.
Once your account has been created, you will receive a confirmation link from Neteller. It will also contain the secure Neteller ID, which you will require while logging in to your account.
Making Deposits with Neteller bookies
As soon as your account is ready, you can easily make your deposits for Neteller bookies. But before you can do this, you need to add a little money to your E-wallet. Remember that Neteller makes the entire procedure seamless for all potential customers.
Neteller has a total of 59 distinctive funding options that are associated with only 2.5% per transaction. So, once your account is funded, you can readily make your first deposit at the betting site.
Making Withdrawals with Neteller
Before withdrawing through Neteller, you must ensure your bookie has this transaction option. To withdraw any amount through Neteller, you must fill out the form. Once you press the submit button, your account automatically settles for withdrawals.
For every bank transfer that you make, Neteller charges you 7 pounds. And once you become a member of each VIP program, Neteller deliberately drops the transfer charges. Also, remember that credit cards don’t offer withdrawals.
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What Are the Pros and Cons of Neteller?
While the features of this eWallet are endless, there are plenty of ups and downs. Consider the pros and cons before determining whether the Neteller bookies suit you. Here, we have listed some of Neteller’s practical pros and cons.
Pros:
- Super fast withdrawals
- Accelerated deposit through Neteller
- Keeps accurate track of your gambling activities
- Provides world-class safety and security
- It is accepted by plenty of sports betting websites, etc.
Cons:
- Comes with associated betting fees
- Isn’t eligible for certain sign-up offers
- Setting up an account with proper credentials can take some time
- Doesn’t accept Bet365 Neteller, etc.
Top Bookies Accepting Neteller
Enlisted are some of the significant bookies that accept Neteller:
- Matchbook
This bookie provides live streaming for all the major sports events and is broadly available in various countries. It is fully compatible with Neteller and several other E-wallets.
- Vbet
This betting site offers exciting bonuses and multiple trustworthy payment options. Besides, it also holds an excellent reputation for super-fast transactions.
- BetVictor
It provides a virtual sports market, particularly with solid horse racing odds. And this betting site also offers a fantastic selection of payment options.
To Conclude,
The Neteller bookies are undoubtedly an excellent option for novice and experienced players. Also, not all payment options are safe and secure, and they don’t come with remarkable speed. As a gambler, if you still don’t have a Neteller account, it’s high time you need to consider one.
To know about other payment methods apart from Neteller, you can go through the guide of Neosurf bookmakers. BetZillion is your ultimate destination whenever you need to learn anything about the online betting world.
Frequently Asked Questions
- Is it possible to withdraw money from Neteller without verifying?
However, some deposit and withdrawal options and the Net+ prepaid card will require verifying your account before using them. While you can use your Neteller account for most payments without verifying it, we apply certain limits to each option.
Certain deposit and withdrawal options, including the Net+ prepaid card, demands account verification before you can do anything. Even though you can use your Neteller account for almost every payment without confirmation, certain limits are associated with each option.
- Does Neteller come with a withdrawal limit?
Remember that Neteller’s withdrawal limits depend entirely on your request withdrawal methods. For example, a regular verified customer owns a USD account and can request a withdrawal for a bank transfer. And only a minimum of $20 and a maximum of $100,000 can be ordered for every transaction.
- What are the charges associated with Neteller?
You should note that your Neteller Account is free for any personal use. But this only remains applicable if you log in and make a credible transaction every six months. And when you don’t do this, you might be charged a monthly service fee of $5.00 or equivalent. The said amount will automatically be deducted from the available funds in your account every month.
- What are the most commendable benefits associated with Neteller?
Some of the most prominent merchant benefits associated with Neteller are:
- High conversion rate
- Zero chargeback risks
- New customer acquisition
- Multi-currency solution
- Recurring payments accepted
- Added premium services, etc.
- How does the Neteller transfer function?
You must select the Neteller Money Transfer option whenever you need to transfer money from your Neteller account. You will find this option in the Transfer section of your Neteller account. Here, you need to enter the email ID of the recipient or select any person from your recipients’ list. You must ensure you entered the correct email address and followed the desired amount.