E-money transfer system Neteller was founded in 1999, having been established in order to allow users to process payments to and from a variety of merchants. Neteller is now also an accepted method of banking with a large number of casino sites available to players in the UK, with the platform having earned an excellent reputation over the years as a result of their quick and secure transactions. This page will take a detailed look at Neteller when it comes to casino sites, including exactly how it works, along with its benefits and limitations. However, let’s kick things off by outlining the best casino sites in the UK that accept Neteller today.
Best UK Neteller Casino Sites
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What is Neteller?
For those who are not already familiar with just what Neteller is, including its main services and features, the following are among the most important points in which potential users should be aware of:
- Neteller was founded back in 1999.
- Neteller is owned by the PaySafe Group, the same company which own and run Skrill.
- Neteller is regulated by the Financial Services Authority in the UK.
- Users are able to transfer money quickly and easily, with Neteller offering an alternative to traditional methods of banking.
- A Neteller prepaid Mastercard is also available to users.
- The Neteller VIP program offers customers a number of benefits, including greater transaction limits, quicker withdrawals and lower fees.
Neteller in the UK
Neteller’s headquarters are based in the Isle of Man, with the e-wallet system being regulated by the Financial Services Authority, a hugely respected organisation. Neteller is active in over 200 countries across the globe, with over 500,000 customers to their name, many of whom are from the UK. A large number of casino sites available to UK-based players have now made Neteller an accepted payment method, with both deposits and withdrawals being available. Meanwhile, a significant amount of the payments made online using Neteller come from the world of iGaming in the UK.
Pros and Cons of Using Neteller as a Payment Method
Testing of Neteller on casino sites allowed us to unearth a number of benefits to players, while there were also a small number of limitations surrounding the service. With that being said, the following are the main pros and cons of using Neteller on casino sites:
- Fees – No fees will be imposed upon players using Neteller to deposit and withdraw funds at casino sites, something which cannot be said of some of the other payment methods available to those in the UK.
- Security – Players using Neteller on casino sites are not required to enter their bank details, adding another layer of protection in the process. Meanwhile, encryption technology is used in order to ensure that all transactions are safe too.
- Speed – Transactions using Neteller on casino sites are rapid, with deposits being processed instantly, while withdrawals are generally received within just 24 hours. This is perhaps the biggest selling point of Neteller for players today.
- Notifications – Each and every time a payment is made using Neteller, users will receive an email. As a result, any unauthorised transactions will be immediately apparent.
- Limits – For high rollers, the withdrawal limits set by Neteller may be a little low, while players can also only cash out winnings twice per day. However, VIP members at Neteller can overcome such problems.
- Verification – In order to verify a Neteller account, proof of identity must be sent to the company by new customers, which some may find of-putting.
New Neteller Casino Sites
Neteller has worked with casino sites for a number of years now, however there are also a number of new platforms that have joined the party. Firstly, Gate 777 was only founded in 2018, however the casino has been able to make a significant impact in the industry, thanks in part to the fact that they offer Neteller as an accepted method of payment. Elsewhere, having been established to offer a fun and fresh casino platform, Mr. Play is another casino offering Neteller, along with the likes of Casimba and CasiPlay.
How Does Neteller Work?
Neteller is an online payment system that allows users to both deposit funds into your casino account and withdraw winnings on such sites. Once a Neteller account has been set up, players must fund their account using a credit or debit card, along with bank transfers. There is no need to enter your bank details on your casino site, with just your Neteller log in details being required when depositing and withdrawing funds. Meanwhile, a Net+ prepaid Mastercard is now on offer to players in the UK, offering immediate access to funds at selected ATM machines.
Neteller Fees
Undoubtedly one of the most pleasing aspects of Neteller’s operation is the fact that any fees that are incurred will be relatively low. Those depositing and withdrawing using Neteller on casino sites are unlikely to be charged any fees, however transaction fees for deposits into your account will never exceed 7%. Be sure to check the terms and conditions of your preferred casino before using Neteller on their platform.
Neteller Account Registration
Registering for a Neteller account is a very simple process, which takes just a matter of minutes to complete. With that being said, the following steps must be taken in order to gain access to the services and products in which Neteller has to offer.
- Enter the Neteller website via desktop or mobile.
- Click or tap on the Join for Free option, found in the top right hand corner of the page.
- Enter your full name, email address and password.
- Receive confirmation email, containing Neteller ID.
- Verify your new account.
- Link your bank account or card to your new Neteller account.
- You are now ready to deposit and withdraw using Neteller online.
PayPal Alternatives
For those who are not convinced by what they have read concerning Neteller so far, there are undoubtely some appealing alternatives when banking on casino sites. The following are just a sample of the other payment methods available to casino players in the UK today:
Skrill – In a similar way to PayPal, Skrill facilitates online payments on an international basis, with the Paysafe Group-owned company also being regulated by the Financial Conduct Authority in the UK. Skrill supports over 40 different currencies, while users can also purchase pre-paid cards, which are linked to individual accounts.
Credit/Debit Card – Those looking for a more traditional form of payment may well choose to simply use a credit or debit card, which are issued by banks and other outlets across the country. Deposits made using this method are instant on casino sites, while withdrawals will likely take up to 5 working days to process.
Trustly – Swedish organisation Trustly is another which allows its customers to make payments through their bank account, with an increasing number of casino sites having added the platform to their list of accepted payment methods.
Neteller Casino Bonus
Unfortunately, the bonus terms and conditions at many casino sites mean that deposits made using Neteller are not eligible for any welcome offer. In such cases, an alternative payment method must be found or the bonus will have to be overlooked. However, a small number of casinos do cater for those wishing to use Neteller, includng at Mr. Play, where players can receive a bonus of up to £200, along with 20 free spins. Meanwhile, those depositing a minimum of £20 using Neteller at Mansion Casino will see their deposit 100% matched up to £500. Be sure to check out our casino site reviews for more information on bonuses.
Tips and Tricks
When using Neteller, there are a number of tips and tricks that can be utilised in order to make the most out of the payment method. Some of these points including the following:
1. Be sure to look at the limits that have been set by a potential casino site when using Neteller, as this will potentially impact your overall gambling strategy.
2. The Neteller mobile app offers a hugely efficient platform, perfect for those who are constantly on the move.
3. Ensure that you will not incur any fees when using Neteller on your casino site, while the possibility of earning a generous welcome bonus is also advised.
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Neteller FAQ[/bluebox]
The following are answers to some of the most commonly asked questions surrounding the use of Neteller on casino sites.
Deposits can easily and quickly be made using Neteller, with players simply having to select it as their preferred payment method, before entering their account details on their casino site.
All of the casino sites discussed on this page both offer Neteller as a deposit method and are nothing but 100% reliable, with our experts having tested such platforms strictly.
Deposits made using Neteller on casino sites are processed instantly, while withdrawals are normally received within just 24 hours.
Yes! Neteller is regulated by the Financial Services Authority in the UK.
Players can both deposit and withdraw funds on their casino site using mobile devices, ensuring that games can be played on the go.
Final Words on Neteller Casinos
Neteller is undoubtedly an excellent option for casino players operating online today, with both deposits and withdrawals being processed quicker than the majority of other methods, while players are also unlikely to incur charges. Signing up with Neteller is also a simple process, meaning that it comes as little surprie that an increasing number of players are funding their activity on casino sites in this way.
