Betting with Neteller
Neteller is one of the most popular e-wallet financial services in the world. It acts as a third party for its users to make deposits and withdrawals to and from betting sites as well as their debit or credit cards. Money is transferred quickly and securely at little to no extra cost to users. It ranks as one of the preferred online payment platforms used by some of the most reputable online bookmakers.
Neteller has long been the first choice and only alternative for online bettors whose countries forbid internet gambling or who would otherwise have no means of collecting their winnings and making deposits to their betting accounts. Sign up to Neteller is completely free. Once you have registered, you may then link your preferred bookmaker, as well as select payment options. Neteller is integrated with several different financial services and accepts credit cards, including Visa and Mastercard, debit services such as those serviced by Maestro and Visa Electron, wire transfer, online check as well as internet banking in select countries. There is also a Neteller debit card included in the service.
Neteller prides itself on offering a high level of security to protect the personal information of its users. They make the claim that inputting your information into their system is more secure than conducting other online transactions with other services. Neteller uses a form of encryption technology which integrates with the security systems used by Verified by Visa and Mastercard Securecode. When selecting either of these two cards as options on Neteller, users would be asked to enter a security password that they had established with the card service. Neteller is not a bank and so all your funds are held safely for whenever you need access. Your money will not used to cover operational costs or for investments.
There are some restrictions with Neteller. It is completely forbidden within the United States, Malaysia, Afghanistan, Thailand and Indonesia. While users in Canada, Macau and Hong Kong have access to the platform to conduct other transactions, they are currently unable to use Neteller to process payments to online betting sites.
There are some fees associated with using Neteller's services. For deposits using various methods fees are usually calculated based on the amount of the deposit. These range from 0% to 2%. Withdrawals attract a minimal flat fee of up to 7.5 Euro. However, there are some free services for users. Transferring money to another Neteller user and making direct deposits from local and international banks have no cost attached to them by Neteller. However, some banks may charge for the transfer. In addition, the best Neteller betting sites do not charge fees for using this service for withdrawals. While the bookmakers do set a minimum withdrawal limit, users are free to take out payments as often as they desire.
Online Betting Sites That Accept Neteller
1) Bet365.com
2) Betway.com
You can find a detailed list of Neteller friendly online bookmakers in the following link: Online Betting Sites That Accept Neteller