Neteller’s payment system operates in more than 200 countries and offers transfers in different currencies. The service is not considered the most popular among Russian-speaking users. It was originally designed to pay for gambling in online casinos, poker rooms, etc. In the first years of existence, customers from the former Soviet republics were not served.
Login and registration with Neteller
Neteller is 100% owned by Paysafe Holdings UK Limited, headquartered in the Isle of Man and owned by the British Crown. The service opened in 1999 and has gone public with its own shares on the London Stock Exchange five years after conducting an IPO. This allowed the owners to raise more than $70 million to further develop the new business.
Today the system supports 27 world currencies and the official website is available in 17 languages including:
- English and German;
- Russian and Polish;
- Turkish and Arabic;
- Spanish and French;
- Italian and Spanish;
- and so forth.
The initial ban on CIS citizens registering in the system has been gradually lifted. Today the company is present in Russia, Belarus, Ukraine, Georgia, Estonia and other former Soviet republics. Some countries around the world have restricted rules for using Neteller. For example in Macau, Israel, Canada and others.
The main innovation, which made the system even less popular with many users, was first the partial, and then the complete rejection of partnership with the leading payment system MasterCard.
Previously, it was possible to issue a plastic card Net + Plastic Prepaid Mastercard tied to the account in the system, which made it possible to use the money in the wallet on simple terms.
At the end of 2016, the card was issued exclusively for residents of the European Economic Union (of course, Russia is not included in it). At the beginning of 2018, MasterCard cardholders lost the opportunity to fund their account in the Neteller payment system.
Reliability and safety
Despite all its shortcomings, Neteller is a European company that pays great attention to the security and reliability of translations. Given the specifics of gambling transfers, the service’s clients can manage very significant amounts. Of course, not only gamblers use the electronic wallets of this company, they also come in handy for some commercial projects.
According to the system’s official website, customers’ transactions are 100% protected. Various tools are used to increase the security of payments. It:
- 3D Secure.
- European Compatibility Standards for Plastic Cards (PCI DSS).
- Monitor every transaction in real time.
- Encryption (256 Kbit).
- control of each account, etc.
Close cooperation with companies operating in the field of personal data identification allows customers of the system to hope for the safety of transfers through Neteller.
Working with clients
As already mentioned, users can get a Neteller wallet in any of the 27 currencies, including rubles. However, if you made the first choice, it will not be possible to change the account currency in the future. Registration in the system is standard. Customers are asked to fill out a large enough questionnaire with an email address that is a login for registration. You must also enter the name, date of birth, etc.
Personal information must be provided without errors, otherwise in the future it will be impossible to be verified, which will prevent full use of the electronic wallet. Recall that today the system does not cooperate with MasterCard, but the partnership with other services remains. For example, you can replenish the account of an electronic wallet in many ways (about 70), including Yandex.Money, Visa, Bitcoin, etc.
For today, the most optimal way to withdraw money from Neteller for residents of Russia is the exchange offices. As a rule, they have many options for clients, but the commission fees will be quite large. They depend on the currency of the accounts and the rules of the exchange point.
The commission is not to be called otherwise than “horses”.
For example, if you top up from the Yandex wallet, you will have to pay 8%. And this is not a limit, because if the accounts’ currencies are different, you will have to pay an additional 3.99% for the conversion. Transfers within the system from wallet to wallet are also subject to a 1.45% commission. Upon withdrawal, the commission information will be at the selected exchange point displayed.
The popularity of Neteller in the casino
Perhaps this system is convenient and popular for European players. However, it is rarely used in the environment of Russian-speaking players. It is much more convenient and profitable to conduct transactions in other ways. Especially since there are enough methods today that offer optimal conditions.
Because of this, many clubs catering to domestic players have lost the ability to transact with Neteller.
How to make a deposit at the casino via Neteller
When replenishing the deposit with Neteller, it is advisable to make sure in advance that the currencies of the accounts in the casino and in the e-wallet match, otherwise you will have to pay a large conversion fee. Usually no commission is charged for the replenishment process as the system has partnerships with many gambling establishments.
Verified users must enter the establishment’s personal account/cash register and select the Neteller logo. If you click on the icon, you must follow the instructions of the system. In different casinos, the procedure can vary slightly.
How can I withdraw money from Neteller Casino?
For the issuance of winnings from online casinos in the e-wallet NETELLER you need to carefully read the rules of the club, limits, отыгрыши (for those with power-UPS) and so on. Then you need to go to the cash desk/office, you will find them the Service logo and right-click on it. Next, you need to follow the system’s instructions.
Since it is difficult to withdraw funds from the Neteller wallet today, since the waiver of the Net + Plastic Prepaid Mastercard creates additional difficulties for players, it probably does not make sense to use this method to withdraw funds from a gambling establishment.
Best Neteller Casinos Online
Neteller can be used to deposit funds and withdraw winnings at many popular online casinos, but it’s fair to say that most customers find better ways to fund their balance and receive withdrawals.