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NETeller Casino Deposit
When you look at the casino deposit methods available on your favourite sites, you will often see different electronic wallets. Electronic wallets have become popular modes of payment for online transactions in the recent years.
An electronic wallet works like a regular wallet in that it keeps your money while you are not using it. NETeller is one of the electronic wallets that you can try out. Read on if you want to know more about it!
NETeller is an electronic wallet services provider that was established by a British company called Paysafe Group Plc. back in 1999. Today, it is a competitive e-wallet that serves as a popular alternative to credit card and bank transactions.
NETeller offers quality services in more than 200 countries, and can process transactions in 22 currencies. NETeller is used not only by individuals, but also by businesses. NETeller is widely available in North America and Europe.
Why Choose Casino Deposit NETeller?
The major advantage of using new online casino sites that support NETeller is that you do not disclose your card details or bank details to the online casino servers. This means that your details are not at risk in unfortunate cases of hacking.
Another advantage is speed. NETeller is a trusted international brand, so you can expect that it NETeller casino sites process payments and deposits very quickly.
How to Use NETeller Casino Deposit
To use NETeller for online casino deposits, you first have to create a NETeller account. Simply visit the NETeller website. You will immediately see the “Join for Free” button. You will be asked to type in details like your email address, account currency, birthdate, gender, address, etc. After that, you have to fund your NETeller account using a credit card, debit card, or bank account. The rates will be different depending on what you choose, and you can check out these rates in the next section.
Once you have an active NETeller account, you can go to the best casino sites that support NETeller and use it for deposits. All you have to do is select NETeller as your choice at your site’s Cashier page, and then you’re good to go!
NETeller accepts funds from all kinds of credit cards, debit cards, banks, and electronic wallets. Here are most common ones:
- Maestro - 1.9% to 4.95%
- MasterCard - 1.9 to 4.95%
- HSBC - 7%
- Paysafecard - 7%
- Skrill - 1.9%
- Visa - 1.9 - 4.95%
- Bitcoin - 5%
- Fast Bank Transfer - 0 to 1.5%
- Quick Bank Transfer - 1 to 3.8%
If you want to know the fees of other options, you can check on the NETeller website. There are more than 50 funding options, so you can just pick which ones have the lowest fees.
NETeller VIP Programme
Once you create a NETeller account, you become automatically part of the NETeller VIP programme. In NETeller’s VIP scheme has a total of five levels. Levelling up or down depends on how much you deposit per calendar year. When you reach higher levels, your fees will lessen and you also get extra freebies.
Here are the basic requirements of the VIP programme:
- Bronze VIP – requires £10,000 per calendar year (exchange rate is at 3.09%)
- Silver VIP – requires £50,000 per calendar year (exchange rate is at 2.59%)
- Gold VIP – requires £100,000 per calendar year (exchange rate is at 2.19%)
- Platinum VIP – requires £500,000 per calendar year (exchange rate is at 1.99%)
- Diamond VIP – requires £2,000,000 per calendar year (exchange rate is at 1%)
As you can see, the higher levels have incredibly huge requirements. If you are a high roller – or if you use NETeller for other online transactions – then maybe you can reach the lower levels.
Downsides of Casino Deposit NETeller
A downside of the NETeller casino deposit option is that there are additional fees and charges that you have to deal with, unlike other casino deposit methods like credit cards and vouchers. As you have seen above, you will be charged for the deposits you make to NETeller. You will also be charged for withdrawals if you want to receive your casino winnings.
Another downside is that NETeller does not offer online casino deposit bonuses, unlike other electronic wallets like Skrill.
NETeller also does not have a mobile app, so this can be a bit inconvenient if you love to play games at mobile phone casinos.
Final Thoughts on NETeller
NETeller is a safe electronic wallet that has different fees when you use it. It is convenient for international transactions because of the various currencies it handles. If your primary concern is the speed of your payments – and you don’t like disclosing credit card information to real money online casinos – then casino sites that support NETeller is worth the try.