Neteller is one of the e-wallets accepted as a payment method by a growing number of online bookmakers. It can be used to deposit and withdraw real money.
Some of the reasons given by punters for using the service are simplicity, deposit limits, and additional security. Punters are not charged a fee for signing up for an e-wallet.
The service is also available on a mobile platform for smartphones and tablets; a feature appreciated by punters who spend extended periods of time away from their computers.
Using Neteller e-Wallets
Their Neteller e-wallet funded, punters can proceed with making a deposit at their preferred online bookmaker that accepts the service as a payment method. If punters do not already have an account at the bookmaker, they will need to sign up for one.
Once logged in, punters click through to the Banking or Cashier page. After selecting the Deposit option even just registering with no deposit NZ casinos, punters will need to select Neteller from the list of payment methods, and type in the amount of money they want to deposit.
They will then be prompted to enter their e-wallet login details and confirm the deposit, which should be processed quickly. Punters can then click through to the relevant casinos and place real money bets on blackjack Canada games.
Withdrawals from online bookmaker accounts are also done on the Banking or Cashier page. Punters will need to select the Withdraw option, select the relevant withdrawal method, enter the amount of money they want to withdraw, and confirm it.
Punters may need to complete further verification steps; a security measure by some bookmakers to ensure punters are not being defrauded. Withdrawals usually take longer to process than deposits do, so punters should not be concerned if it does not happen immediately.
Neteller e-Wallets and Security
Even though banks use state of the art security technology to protect bank and credit card accounts, many punters are uneasy about supplying their banking or card details to online bookmakers.
While reputable online bookmakers also use good quality data encryption to protect punters’ details, high instances of internet fraud have understandably made punters nervous.
Neteller e-wallets provide punters with an additional layer of security, as punters with e-wallets are not required to submit details they would prefer to keep private.
Setting Up Neteller e-Wallets
Punters create their e-wallets by signing up at the Neteller website. The process requires a few personal details, a valid email address, and either their bank account or credit card details.
The e-wallet is created instantly, although it may take a few moments for the link between the e-wallet and the punter’s bank account or credit card to be established.
Once the link has been confirmed, punters can transfer money from their bank account or credit card to their e-wallet. They can use it to make deposits at online bookmakers as soon as the transferred money reflects in the e-wallet balance.
Neteller Costs and Deposit Limits
While setting up a Neteller e-wallet is free, the service does charge a small fee for certain transactions, but there are no hidden costs. Punters will see the charge reflected on their e-wallet receipts.
The deposit limits set by the service are not particularly low. Few punters find themselves in a position where they cannot deposit more money into their e-wallet.