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What is the Neteller payment system?
Neteller payment system is one of the few worlds’ largest self-governing money transferal conglomerates. It is an e-wallet system which facilitates commercial enterprises and individuals with a secure yet efficient method of transferring money to merchants in a quick and easy to accomplish way. The system ensures the highest standards of services by use of advanced electronic and physical security measures. The system also uses the 128-bit encryption technology and other Anti-Money Laundering protocols. Additionally, there is real-time transaction monitoring and an identity verification measure which ensures the funds have protection against theft or identity theft.
Bookmaker Bonuses in the UK for Neteller Users
Making bookmaker deposits by using the Neteller e-money transfer service is an excellent way of collecting valuable wagering bonuses and free bets. Some of the Neteller betting sites in the UK include Mr Green which welcomes new users with £10 free bets credit and £100 matched welcome bonus from 32Red. Wagers using Neteller method are in a good chance of collecting £40 welcome bonus from Unibet upon your first bet. Other bookmakers include NetBet with a £30 free bets and MobileBet giving £10 free bets.
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How to Register and Verify as a Neteller User
It all starts by visiting the official Neteller site and taking the “Join for free” option. The site also gives a chance for the user to choose their favourite language. Fill in the required information, the email address, desired currency, country of residence and the region. A window for the user to fill in their respective personal details and answer some security questions follows. A unique Secure ID and Account ID accompanied by a confirmation email mark a successful registration. Users can fund their accounts using various tools such as debit cards, bank transfers, cheques and prepaid cards.
The verification process involves no hard-coding, just some identity confirmation documents. The customer requires having their ID or Passport image on the front and the back side with all the four corners readable, visible and of high quality, address verification and a picture of the person holding the Passport/ID. These documents get uploaded to the platform and the process completed within a single business day.
How to Deposit and Withdraw Money Using Neteller
The method of making deposits and withdrawals through Neteller is quite easy. In making a deposit, one is required to sign into their sportsbook account then click on the “Deposit” tab. A set of guidelines leads to where the better is prompted to pick on the payment method, and in this case, they ought to take “Neteller.” The entire process wills only take some minutes, and upon completion, the account gets instantly credited. It is possible to place bets right away.
When making Neteller withdrawal, the process is in a like manner efficient. Users log in to their sportsbook, click the “Withdraw” tab, and then follow the set of given instructions. They should select “Neteller” on being prompted for the desired withdrawal method for the process completion. Users wait for only 3-5 days on regular occurrences for the complete execution of the bank transfer. Neteller processing time is much the same as with other eWallets.
How to place a bet using Neteller
Neteller is one of the world’s popular e-wallet money transfer services. Its popularity can be attributed to the fact that it offers a lot of convenience to online gambling fans. Neteller allows you to make deposits and withdrawals at any time you want. Unlike using bank transfers, placing a bet using this method is quite simple but first, you have to create a Neteller account. All you have to do is head to their site, open a personal account by filling in your details and verifying yourself. You can then link it to a payment method of your choice such as Visa, MasterCard, Wire Transfer, Maestro and online check. Additionally, for United Kingdom bettors internet banking is available with Neteller. After linking the Neteller account you can then make a deposit directly to your bookie account. The funds will be deposited instantly and you can wager on your favourite sports at any bookmaker of your choice that accept Neteller.
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Is it Safe to use Neteller to Deposit Money?
Depositing money into your betting account via Neteller is a simple task. However, any punter will be concerned with how secure their money is. Neteller is a popular payment method and they offer reliable services. The service provider ensures that all customers’ financial information is kept safe 24/7. On top of that, they ensure that all funds move safely between the customers’ account and the bet wallet. Neteller takes security seriously so you are ensured of a high degree of safety. All data is secured with military-grade encryption technology. The security is then topped up by the fact that you have to link your account to another card such as the Visa or MasterCard which are usually verified by SecureCode programs. So, any money you don’t withdraw remains in your bookie’s account and any amount you deposit gets disbursed into your betting wallet.
Fees, Limits and Withdrawal Times with Neteller
Since Neteller is a dedicated financial service, they do incur some fees for deposits, transfers and withdrawals made. The fees charged varies from one betting site to another and also depending on the type of transaction. For instance, deposits incur a charge varying from 0-2%. For all UK bettors making a deposit with a Maestro debit card is free of charge while other options such as Visa charge a 2% fee. As for withdrawals, customers get to incur a small fee which might range from £4 to £7.5. Any transfer to other Neteller users is free.
As for limits, Neteller allows minimum deposits of £10 while the maximum deposit limit depends on the betting site. As for withdrawals, customers can take out as little as £1 and there is no a maximum withdrawal limit. Neteller offers fast payments with deposits being instant while withdrawals can be processed within an hour or 24 hours.
Mobile Betting with Neteller
Mobile betting with Neteller is an amazing tool for any modern gambler. Mobile betting has developed such strong roots in recent years and nothing would please a punter such as being able to control their funds on the go. Neteller seems to appreciate this fact and as a result, they provide the best service when it comes to mobile betting. The company provide their customers with a dedicated app for both Android and iOS users. This app can be downloaded from Google PlayStore and the App Store. The Neteller mobile app or website provides you with the same functionality and as on the desktop website. As for the speed, customers can enjoy an even faster speed when making deposits via a mobile device. This in turn makes betting even more fun for punters. If you are the type of punter that fancies mobile betting, Neteller would be a perfect method for you.
Alternative Payment Methods
Neteller is a perfect payment option but for various reasons it might not please all punters. There are other electronic wallets that can be used to fund and withdraw from a betting account. Here are some of the alternatives to choose from:
PayPal
PayPal is another form of e-commerce service that has become very popular. It is a convenient and secure payment option. Most UK betting sites accept PayPal as a payment option.
Skrill
Skrill is another option if Neteller doesn’t meet your requirements. Skrill is quite similar to Neteller with a few differences especially with the supported currencies.
EcoPayz
EcoPayz boasts some advantages over the other payment options because it offers lower fees. However, withdrawals might take long at some betting sites.
Debit Card
Last but not least, you can choose to use debit cards to deposit and withdraw funds to and from your betting account.
Neteller Pros & Cons
Advantages
- Several top-up options - Neteller is a fast payment method and to make this better, they have added more options that can be used to fund your betting account. You can fund your account using options such as Skrill, Bank Transfer, Debit card, Paysafe group card, Trustly and Bitcoin.
- Instant Deposits - A payment method that offers instant deposits and withdrawals is what punters are always looking for and this is exactly what Neteller offers. Making deposits is quite simple and requires only a few processes. All you have to do is enter your email address and your password to deposit funds into your betting account.
- Safety and Security - Most payment methods are branded as safe but Neteller is safer compared to others. One of the ways Neteller ensures customer safety is by ensuring they never disclose card details to third parties. Furthermore, they also have a built-in safety system that ensures your personal details and funds are secured.
- High Limits - Neteller allows punters to deposit high amounts of money into their betting wallets. For instance, you can deposit as much as £35, 000 into your account through Neteller.
Disadvantages
- Account Suspension - One main disadvantage of using Neteller account for betting is that your account can be suspended easily. The service providers suspend accounts due to protocol for security checks. As much as this is to the benefit of the customer it might create unwanted tension. However, users get notified to withdraw funds before their accounts are blocked.
- Currency change is not available - Unlike other payment options, Neteller does not allow you to change your operating currency after account creation. This means that you will keep using whichever currency you choose when creating your account. So, in case you need to use a different currency you have to create a new account and choose your new currency.
- Fees - Funding your account using some methods such as Skrill is not free of charge. There are some fees charged when you deposit or withdraw funds and this is another downside of using Neteller. To avoid any frustration, you should go through the Terms and Conditions so that you can understand what charges you might incur.
FAQs
Which is the best NETELLER betting site?
Neteller is a popular payment method and it can be found in the list of banking options of most betting sites. Neteller does an exceptional job in providing financial services to online gambling fans. Since it is such a popular payment option, bettors looking for Neteller betting sites have more than enough to choose from. There are so many bookies that accept payments from a Neteller account and this can be overwhelming to some punters. In case you are looking for a good Neteller betting site to join then this review will definitely help you choose the best site by narrowing down the list for you. The best Neteller betting site will have all the features mentioned above and apart from that, it should also offer you great online gambling services such as a wide sports coverage and deposit promotions. Apart from that, a good bookmaker should offer bearable deposit and withdrawal times.
What online betting sites accept Neteller?
You will find a plethora of depositing and withdrawing options at online betting sites but you have to find the best method. Neteller is one of the best banking options you can use to fund your online betting account and withdraw your winnings. Most bookmakers know this and that is why you will find many Neteller betting sites accepting Neteller as a payment option. Every punter has their own taste when it comes to choosing a betting site they would like to join. Here is a narrowed list of the top Neteller betting sites:
- Coral
- William Hill
- 888Sport
- Betfair
- Betfred
- Paddy Power
- Boylesports
- Ladbrokes
- Unibet
Do all betting sites accept Neteller?
Neteller has become a hit among bookies that want to impress their customers with fast and secure e-wallet payment methods. It is widely accepted and there only a few betting sites that do not accept it as a payment option. Some countries have completely banned the use of Neteller but the good news is that it is an acceptable method in the UK. However, this doesn’t necessarily mean that every UK betting website accepts Neteller.
Can I make withdrawals to Neteller when I win?
On top of facilitating instant deposits, Neteller is one of the best banking methods that punters can rely on for fast withdrawals. Once you have placed a bet on your favourite sport and won, you can take out your funds and start enjoying your luck. The withdrawal process through Neteller is very smooth and funds get into your Neteller account within a short period of time. All you have to do to cash out is log in to your betting account, locate and click on the “withdraw” button and enter the amount you would like to cash out. Depending on the betting site you use, you will receive the funds within a few hours or 24 hours. When withdrawing your money with Neteller you don’t have to keep wondering whether you will be charged any fees or hidden tax. Therefore, punters can peacefully withdraw their winning amount and expect the same amount of money they cashed out.
How to Deposit money to betting sites with Neteller?
By now it’s very clear that depositing money to your betting account via a Neteller account is an easy task. Once you have already made a decision to join a bookmaker that accept Neteller you now have to start to deposit money into your account. Here is a well-detailed procedure on how you can fund your account through Neteller:
- Log in to your betting account by entering your username and password
- Once you are on the home page, try and find the “Deposit” button and click on it
- The next window will show you all the deposit methods, click on “Neteller”
- Enter the amount you would like to deposit
- You will be redirected to another page where you will be prompted to enter your Neteller account details
- Click on “Deposit”
- After the transaction has been processed you will receive the funds in your betting wallet
What is a Neteller Card?
A Neteller card is also referred to as the Net+ and it is an attached pre-paid MasterCard that gets funded directly from a Neteller account. Basically, the Net+ card works like any other debit card. This card can be used to pay for online goods and services, make payments at physical stores or you can withdraw money at an ATM. Therefore, you can even use Neteller at betting sites that do not require the use of e-wallets. For VIP members, they can hold up to 2 Net+ cards in different currencies. However, most betting sites do not accept the Neteller card as a deposit option. This is as per Neteller’s policy. If you want to get the Neteller card all you have to do is visit their website, click on the “Net+ CARDS” link, select your preferred currency and click on “Confirm”. You will then be required to pay a £10 fee and wait for about 3 weeks to get your card.
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