As one of the earliest payment systems introduced to the world of online gambling, Neteller has established itself as a premium e-wallet service and is one of the most widely accepted forms of payments.
In fact, many people instantly associate Neteller with online gambling due to their heavy focus on gambling merchants. As a result, a massive percentage of their transactions are with online gambling sites. At its peak, 80% of the world’s gambling payments were processed through Neteller in 2005.
With online gambling playing such a huge role in Neteller’s business model, you as the user are afforded with many gambling specific advantages. Many players see it as the perfect choice for depositing and withdrawing .
Want to have full control of your gambling funds in one convenient place?
Neteller is your answer. Deposits with Neteller are quick and easy, and withdrawals are as fast as any other forms of payments. You can keep your personal bank accounts completely separate from your online poker accounts by using Neteller as your one stop management system for your online gambling funds.
Top Rated Neteller Poker Sites
Want the most bang for your buck?
Look no further! Neteller offers a VIP Program that rewards users with special bonuses based on the amount of transactions they made during a year. The entry barrier to the lowest VIP level, Bronze, requires that you make US$10,000 worth of transfers to merchants within one year. The requirements for the higher VIP levels are: Silver $50,000; Gold $100,000; Platinum $500,000 and Diamond $2,000,000.
Security Guarantee/withdrawals – Neteller will reimburse you 100% for unlikely financial loss due to unauthorised account activity
Discounted deposits/withdrawals – VIPS get exclusive discounts on deposits and withdrawals fees, processed monthly.
Anniversary Reward Points – Annual Reward Points bonus are credited to you every year you remain a Neteller member
Multiple currency accounts – Save money on FX fees and reduce hassle while travelling abroad or spending on international sites
Guaranteed limit increase – Gold, Platinum and Diamond VIPs instantly receive higher limits on all transactions
Daily ATM cash withdrawal limit – Gold, Platinum and Diamond VIPs can withdraw up to $3300/day. Bronze and Silver up to $1000/day.
Dedicated VIP Manager – Your personal VIP Manager can help you with any questions or concerns.
VIP Chat – 24/7 access to Neteller’s exclusive VIP chat service to answer any questions.
Flexible transaction limits – The already high VIP transaction limits can increase even more as needed.
Lower FX fees – Special low FX rates
Loyalty Reward Points – Earn reward points for every transaction you make and redeem them for cash.
How much do deposits and withdrawals cost?
Deposit charges varies depending on which methods you choose to fund your Neteller account with. It compares favorably to other payment methods, especially those of Paypal’s, a competiting e-wallet payment option. In general, people use Paypal for small purchases, but for bigger transactions, especially for online gamblers, Neteller is the preferred choice.
How to make a deposit/withdrawal with Neteller
The first thing you need is a Neteller account. This is FREE and can be setup in a matter of minutes. Just visit Neteller’s site and sign right up.
Next you’ll need to transfer funds into your Neteller account, which can be done by many methods, such as credit or debit cards. Finally, visit your poker site of choice and select Neteller as a deposit option. Once you’ve completed the deposit, you’ll find the funds in your account right away.
Any poker sites that accept Neteller as a method for deposit, which is the majority if not all, will also let you use it for withdrawals. All you have to do is navigate to the cash out section, choose Neteller, enter the amount you wish to withdraw and complete the rest of the instructions, then wait for the money to be transferred into your Neteller account. Most online poker sites take around 2 days to process withdrawals, BUT, for Neteller users, this is usually far quickly, sometimes even instant!
The bottom line
If you want convenience, security, extra bonuses whenever you’ve made a certain amount of transactions, and on top of all that, get rewarded for your loyalty with points that you can use to redeem cash, well, Neteller might just be the PERFECT option for you.