Neteller is an electronic payment service which people can use to make payments for goods and services online. The service was created in Canada at the end of the last Century but has been considered a British concern since the operating company relocated to the Isle of Man in 2004.
The Neteller head office remains on the island, although various mergers and takeovers in the intervening years have complicated the company’s corporate history. At the time of writing, Neteller is a wholly owned division of the Paysafe Group. This conglomerate now operates three principal means of online payment, as the unique and separate services of Neteller, Skrill and its own Paysafecard service all belong under the Paysafe Group umbrella.
Since the service’s introduction around twenty years ago, Neteller has made most of its income from providing payment services to online casino operators. In the early years, 95% of the firm’s revenue was from payments between customers and online gaming companies. The collapse of the American online gaming market due to regulatory changes seriously affected the company’s performance, but even today, most of its income is earned this way. It remains a popular means of making payments for players and an efficient and cost-effective way for casino operators to receive these payments and return resulting wins to their customers.
Why has the Neteller service remained so successful? Well, it does have several clear advantages. It is fee-free for players, who can make payments and receive funds free of charge. Neteller makes its income from charging the operator a small commission. Other fees can be charged to customers, such as currency conversion fees for withdrawing money to a real-world bank account, but in general, for ordinary payments, it is free at the point of use.
The second significant advantage of the service is its security. None of your essential personal financial information is disclosed when you pay with Neteller. For example, this differs from paying with a credit or debit card. Here, you must reveal your card number, card expiry date and CVV number (the three-digit number printed on the signature strip on the reverse of the card) to the vendor. Now, you may well trust the company or organisation you are buying from entirely, but data theft is a growing problem, and public (and indeed private) Wi-Fi services can be insecure or hacked. This means that your details can fall into the wrong hands, resulting in possible financial fraud or even identity theft.
These things are much more difficult for fraudsters to achieve when you use Neteller because none of this information is disclosed when you make an online payment. Instead, you only need to give this information when you load your Neteller account or withdraw funds, making payments especially secure and worry-free.
What’s more, your account details are protected by firewalls providing the very highest standards of data storage security, plus the best 256-bit encryption facilities available today. Plus, your funds are protected by the regulatory powers of the UK government’s Financial Conduct Authority (FCA). These require that all your funds be held in separate trust accounts, not by Neteller, so you can be sure your money is safe.
Finally, Neteller is a flexible service. You can use it for far more than just paying for goods and services online. You can transfer money anywhere in the world at the touch of a button or tap of a touch screen. You can even make payments to friends and family. All you need is their e-mail address. It’s all quick, simple and secure.
How does it work? It’s all easy. All you need to do to register for the service is to provide a valid e-mail address and think of a secure password. And you’re done! At the time of writing, there are well over fifty different ways to load your account, but most people use their standard credit or debit card or bank current account. It’s free to load your account and make payments.
It’s all straightforward, especially if you download the app. You can look for the Neteller logo on the payment page of your chosen casino to make swift, secure payments to the casino of your choice.
Advantages of Using Neteller for Gambling
Fast & secure transactions: Neteller offers fast and secure transactions, which is great for online gaming. It is easy to set up, and you can make payments quickly and securely.
Low fees: Neteller can be more affordable than other payment methods. There are no monthly fees, and the fee for domestic transactions is just 1.9%.
Widely accepted: Neteller is widely accepted by many online casinos and gambling sites, so you can be sure you will be able to use it for your gaming.
Anonymity: With Neteller, you can make payments without revealing your personal information, which is great for those who want to keep their online gambling private.
Disadvantages of Using Neteller for Gambling
High fees for international transfers: International transfers can be expensive, as the fees are higher than for domestic transactions.
Delays: The funds may take a few days to arrive in your account, so if you need the funds quickly, this may not be the best option.
Limited customer service: The customer service is not always the best, and you may have to wait a while for a response.
Up to ₹1,00,000 Welcome Bonus + 100 Spins on first 3 deposits. 1st deposit offer 100% Deposit Bonus up to ₹35,000 Slots Bonus + 100 Spins on 1st deposit. 18+. New players only. Min Deposit ₹2,000. Max Bonus Bet ₹500. Bonus offer is 100% of first deposit up to ₹35,000 on Slots only and 100 Yoo Spins valid on Starburst, Rich Wilde and the Book of Dead, Fire Joker, Gonzo's Quest and Super Flip respectively (first 20 credited immediately upon first deposit; rest credited at 07:00 CET at 20/day). Spins must be used by 23:59 CET of the day on which they are credited, any unused shall be removed. Winnings from each 20 spins set capped at ₹5,000 and credited as bonus funds. Bonus funds must be used within 30 days. Bonus funds are separate to Cash funds, and are subject to 35x wagering of bonus funds and deposit amount. Full Terms & Conditions apply. Play responsibly. GambleAware. #AD
Welcome offer 100% up to ₹8,000 and 25 Free Spins on Starburst. Automatically credited upon deposit. Cancellation can be requested. First Deposit Only. Max. Bonus ₹8,000. Maximum amount of Free Spins is 25. Game: Starburst, Spin Value: ₹10. WR of 30x Deposit + Bonus amount and 60x Free Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min ₹8) of the free spin winnings and bonus amount or ₹400 (lowest amount applies). Irregular play may lead to removal of bonus. Spins must be used and/or Bonus must be claimed before using deposited funds. Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos. *Games are subject to availability. Terms & Conditions apply. #AD
Welcome Bonus Up to ₹45,000 Plus 25 Free Spins, 3 deposits required. 1st deposit offer 100% match up to ₹20,000 + 25 free spins on Starburst on 1st deposit. New players only. 1 bonus offer per player. Min. deposit ₹500. Max. bonus bet is ₹500. Free spins on selected games only and must be used within 10 days. Winnings from free spins credited as bonus funds and capped at ₹2,000. Bonus funds expire in 30 days, unused bonus funds will be removed. Bonus funds are separate to Cash funds, and are subject to x35 wagering the total bonus money, deposit and free spins. Only bonus funds count towards wagering contribution. Terms & Conditions apply. Players wishing to make a large deposit can claim 100% up to ₹1,00,000 on ₹50,000 minimum deposit. Please gamble responsibly. www.gamblingtherapy.org. #AD
₹225000 Welcome Offer on 1st 3 deposits, plus 150 spins. 1st deposit offer 150% match bonus up to ₹50000 plus 50 bonus spins on Book of Dead. New players only. Min deposit ₹2000. Winnings from free spins are credited as bonus funds. Winnings from deposit-based free spins are capped at ₹2000 . Bonus funds are subject to wagering requirements 40x the total of bonus money, deposit and free spins before they are converted to cash and can be withdrawn. Deposits made by Skrill and Neteller are not eligible for this offer. Unused bonus fund expire after 30 days. Unused free spins expire after 10 days. Full Terms & Conditions apply. #AD
Welcome offer 50 Free Spins on Book of Dead. First Deposit Only. Use Bonus Code Start. Min. deposit: ₹1,000, max. Bonus ₹50,000. Game: Book of Dead, Spin Value: ₹16. WR of 60x Bonus amount and Free Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min ₹8) of the free spin winnings and bonus amount or ₹400 (lowest amount applies). Spins must be used and/or Bonus must be claimed before using deposited funds. Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos. Terms & Conditions apply. #AD
Welcome offer 100 Spins. First Deposit Only. Min. deposit: ₹500. Game: Starburst, Spin Value: ₹8. WR of 60x Bonus amount and Free Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min ₹8) of the free spin winnings amount or ₹400 (lowest amount applies). Spins must be used and/or Bonus must be claimed before using deposited funds. Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos. Terms & Conditions apply. #AD
New players only. Min deposit ₹ 1,000. Offer: 100% deposit match up to ₹ 30,000 + 90 bonus spins on Book of Dead. Bonus funds + spin winnings separate to cash funds and subject to 35x (bonus only) wagering req. Only bonus funds count towards wagering contribution. Max bonus bet ₹ 500. Bonus funds valid 30 days, spins 10 days. #AD
Welcome Bonus 100% up to ₹40,000 + 200 Free Spins + 1 Bonus Crab. Offer valid only for new users of the site. Opt in required. Minimum deposit 1,600 INR. Bonus spins are given as 20 per day for 10 days. Wagering requirement is 35x deposit + bonus. Wagering requirement for free spins winnings is 40x. Full Terms & Conditions apply. #AD
Welcome offer 100% Bonus up to ₹40000 and 200 Free Spins. 18+, New Players Only. Min deposit ₹1600. First deposit bonus spins are added as a set of 20 per day for 10 days - amounting to 200 bonus spins in total. The wagering requirements are 35 times the initial amount of the deposit and bonus received. The wagering requirements of winnings from bonus spins are x40. Play Responsibly. Terms & Conditions apply. #AD
Welcome bonus 100% up to ₹20,000 and 20 spins on Starburst on 1st deposit. New players only. 18+. Min deposit ₹1,000. Wagering requirements apply 35x. Offer valid for 72 hours. Spins available for 24 hours after being credited. Full Terms & Conditions apply. #AD
Welcome package up to ₹ 100,000 + 100 Bonus Spins on 1st 3 deposits, starting with 100% up to ₹ 30,000 + 30 bonus spins on Reactoonz™ on 1st deposit. New players only. Min deposit ₹ 1,000. Winnings from spins credited as bonus funds. 35x bonus wagering requirements apply. Only bonus funds count towards wagering requirement. Max bonus bet ₹ 500. Bonus funds must be used within 30 days and bonus spins within 10 days, otherwise any unused shall be removed. Terms & Conditions apply. #AD
20 games and 100% bonus up to ₹20,000 upon first deposit. Offer only applies to new players, aged 18+. Min. deposit ₹1,000. Unused free spins expires 24hrs after being issued. Winnings won with spins that require deposit, have to be wagered 35x. Bonuses that require deposit, have to be wagered x35. Full Terms & Conditions apply. #AD
Welcome offer 100% up to ₹20,000 and 20 Spins. Offer valid on first deposit. Min. deposit ₹1000. Games are given as 20 games upon first deposit. Another 40 games each are given on 2nd and 3rd deposits. Unused free spins expires 24hrs after being issued. Spins are on several of the best paying games. Winnings won with spins that require deposit, have to be wagered 35x. Offer only applies to new players, aged 18+. Bonuses that require deposit, have to be wagered x35. Bonus Policy and Terms of Service apply. #AD
First deposit 100% up to ₹10,000 + 50 spins on Starburst. Min Deposit ₹1000. The wagering requirement attached to the deposit bonus is 35x the bonus amount. Bonus funds won from bonus spins must be wagered 35x. Unused spins expire 24hrs after being issued.
All bonus money will expire 21 days after being awarded. Bonus Policy and Terms of Service apply. #AD
Welcome offer 100% bonus up to ₹ 10,000 + 200 Book of Dead Free Spins. New players only. Minimum deposit ₹ 1500. Bonus wins are capped at ₹ 10,000. Max bet with active bonus ₹ 500. Wagering requirement 100% match deposit bonus: 30x sum of deposit + bonus. Winnings from Free Spins are credited as bonus money and are subject to wagering requirements of 40x bonus amount. Full bonus Terms & Conditions apply. #AD
100% bonus up to ₹21,100 and 30 games on Starburst upon first deposit. New depositing players only. 18+. Min. deposit ₹2000. Unused spins expire 24hrs after being issued. Winnings won with spins that require a deposit have to be wagered x35. Bonuses that require a deposit have to be wagered x35. Bonus Policy and Terms of Service apply. #AD
Casino Welcome offer 100% Bonus up to 25500 INR on 1st deposit. Min deposit 85 INR. WR 50x bonus amount within 7 days. Max bet for wagering bonus is 450 INR. Full Terms & Conditions apply. #AD
Welcome package 120,000 INR and 200 Free Spins over first 4 deposits, starting with 100% up to 25,000 INR and 150 Free Spins on 1st deposit. Bonus code LETSGO required. Free spins given as 25 free spins per day for 6 days and will be credited in John Hunter and the Book of Tut slot (Pragmatic Play). If Pragmatic Play is not available in your region, free spins will be credited in the Book of Cats slot (BGaming). Bonus and free spins must be wagered 50x before the player can order a withdrawal. Free spins must be activated within 3 days after receiving. The bonus duration is 7 days. Full Terms & Conditions apply. #AD
Welcome offer 100% up to ₹40,000 and 200 Free Spins on 1st deposit. New customers only. Min deposit ₹1,600. Free spins added as 20 per day for 10 days. Wagering requirement for Bonus 35x sum of deposit + bonus. Wagering requirement for winnings from free spins is 40x. WR to be completed within 10 days. Full Terms & Conditions apply. #AD
Welcome offer 121% up to ₹ 30,000 on 1st deposit. 18+. New players only. Min deposit ₹ 1,000. Bonus funds separate to cash funds and subject to 35x wagering req. Only bonus funds count towards wagering contribution. Max bonus bet ₹ 500. Bonus funds valid 30 days. Terms & Conditions apply. #AD