Neteller was founded in 1999 and is a Canadian electronic wallet that now operates from the Isle of Man. Neteller is regarded as the most gamble-friendly e-wallet in the industry and the company has been accepting online gambling payments since 2000.
Initially Neteller operated in the US market, but were forced out by the US government in 2007. At one point Neteller processed over 80% of online gambling transactions although that percentage is now lower due to competitors like Paypal, Skrill and Ukash.
How to Use Neteller to Deposit to a Mobile Casino
Neteller (Neteller.com) makes it as easy as possible to open an account and start using it to pay/receive money from merchants such as the top mobile casinos in the industry. Almost every major online casino will accept Neteller deposits and offer Neteller withdrawals.
Once you open a free account at Neteller you have to fund the account in order to use it for depositing into a casino. They make it easy to fund an account through credit cards, debit cards and multiple local banking methods such as POLi and CartaSi.
Some of the funding methods have a fee ranging from 1% – 7% while others are absolutely free. The entire list of fees for each of the deposit methods are listed on Neteller. To deposit to a mobile casino simply visit the casino’s cashier and click on Neteller.
You have to fill in the amount that you want to deposit and then sign-in to your Neteller account to complete the transaction to the casino. Deposits are processed instantly to mobile casinos and you can start to play with your funds immediately.
When you win at the casino you can request a withdrawal straight into your Neteller account for free. You can use your money to purchase almost anything with Neteller (Free) or you can withdraw the money through your bank or cheque (€7.50 – €25 Fee).
Neteller also has a prepaid MasterCard that anyone with an approved Neteller account can sign-up for. Once you have the card and it’s activated you can start to make instant withdrawals at the ATM using your card and there is only a €4 withdrawal fee.
One of the perks that make up for the slightly higher fees at Neteller is the VIP program. Only invited members that turnover a lot in their Neteller accounts will qualify for the VIP scheme, but if you do you’ll save on fees and earn other rewards.
There are numerous benefits to using Neteller as your preferred mobile casino deposit method. It’s easy to move funds from casino to casino in order to clear bonuses and you also get to keep your credit/debit card details private from mobile casinos.