Neteller casinos

How Neteller works at online casinos

Neteller is an e-wallet, an online account that holds money you can use to pay merchants without entering card or bank details each time. You register, add funds to the wallet using one of the supported deposit methods, and then pay from that balance.

At a casino that accepts it, pick Neteller in the cashier, enter the amount and confirm by logging in to your Neteller account. The payment comes out of your wallet balance. To withdraw, request a payout to Neteller in the casino cashier. After the casino approves the request, the money is credited to your Neteller balance, and you can keep it there, spend it or transfer it to a bank account.

Typical speed

Deposits are usually instant once you confirm them. Withdrawals have two stages: the casino's own processing and approval, which can take hours or days depending on the operator, and then the transfer itself. E-wallet payouts are often credited faster than bank transfers or card payouts, commonly within a day or two. Moving money from Neteller to your bank is a further step with its own timing.

Fees

Neteller lists its charges on its fee page; the amounts vary by region and change from time to time, so check the current page for your account before you rely on a number. In general terms, Neteller's fee page describes:

• no fee for paying a merchant from your Neteller account;
• fees on most methods for adding money to the wallet;
• a charge for withdrawing from the wallet to a bank account;
• a fee when a payment involves currency conversion;
• a service fee on accounts that are not used for an extended period.

The casino may also charge its own deposit or withdrawal fee. Look at the cashier and the payment terms before you pay.

Bonuses

Some casinos exclude e-wallet deposits, Neteller among them, from welcome offers or other promotions. This varies from site to site, so read the bonus terms before you deposit if you plan to claim an offer.

Privacy and identity checks

The casino receives a Neteller payment rather than your card or bank details, which keeps those details private. Neteller itself verifies its customers: its help centre explains that you verify your identity with a photo of your ID and a selfie, and that address verification is needed as you approach higher transaction limits. Once verified, your limits are raised.

Licensed casinos also carry out their own identity checks (KYC), usually before your first withdrawal. Casinos generally require payment methods in your own name, so your Neteller account should belong to the same person as the casino account.

Pros and cons

Pros

• Card and bank details are not shared with the casino
• Deposits are usually instant
• Payouts are often quicker than bank methods
• One balance can be used across many merchants

Cons

• Loading the wallet and withdrawing to a bank can cost money, according to Neteller's fee page
• Currency conversion adds cost
• Some casinos exclude e-wallet deposits from bonuses
• Limits apply until you complete verification

Practical tips

• Choose a funding method with a low or zero fee on Neteller's fee page.
• Match your wallet currency to your casino account currency where you can.
• Complete Neteller's verification and the casino's KYC before your first withdrawal.
• Many casinos pay out to the method you deposited with, so deposit with the method you want to be paid to.
• Use the security options in your Neteller account, such as two-step login.

Gambling is for adults aged 18 and over. Set a budget in advance and use the casino's deposit limits and other safer-gambling tools.