Neteller has been dominating the European online gambling market for years. It is one of the few e-wallets tailored to the needs of the industry, and this helped it gain immense popularity among both the players and online operators. Quick, secure, and easy to manage – all of the characteristics that helped this global payment system to gain more than 23 million accounts worldwide.
Initially, Neteller was set in Canada in 1991, where it belonged to Optimal Payments Limited. As the company grew, however, it attracted attention, and in 2004, it moved its headquarters to the Isle of Man to officially become part of the Paysafe Group Holdings Limited. Two other major products that this company manages is the prepaid voucher Paysafecard, as well as the Rapid Transfer. In 2014, the managing company also added Skrill to its list of accounts.
Available instantly online after fast and free registration, Neteller is an online e-wallet. It can also be downloaded as an app for iOS and Android portable devices. Owning a Neteller account helps:
- Shopping securely online with those merchants that also have this e-wallet added to their cashiers.
- Transferring money anywhere around the world.
- Having instant access to personal funds.
When registering, you can add either a credit or a debit card, or assign a bank account. Depositing to e-wallet comes with fees of about 2.5%, and various cards, prepaid vouchers, and payment systems can be used. Withdrawing will come with a fee anywhere between 0.50 cents to 10 USD per transaction to cards and bank accounts. To other Neteller users, funds will be transferred with no fees applied. All you need to do is state the e-mail of the receiving side’s account.
Perks for Active Users
To its active audience, Neteller delivers a plethora of rewards and appreciation tokens. Thus, for every transaction, you can receive the reward points. And if you are moving fixed funds on monthly basis, you can claim participation in the loyalty program. Being a VIP means having access to many benefits. The tiers of loyalty at Neteller are:
Not Only Regular Currencies
As of lately, Neteller also diversified its list of currencies with crypto, which can be purchased or sold via the e-wallet.