As one of the most popular payment providers of the moment, Neteller is on the rise. It’s been available for many years now, but only in recent years has it truly stood up against the might of PayPal and Skrill, and although it looks a little diminutive in comparison during its early years, it is now on par with those financial giants.
Neteller can be used throughout Australia and one of the best uses for this web wallet is online gambling. Thanks to its compatibility, speed, safety, and its low fees, you can get much more from your favorite gambling sites.
What is Neteller?
Neteller is owned by the British company Paysafe Group Plc, and it was launched in 1999. Neteller is generally considered to be a UK company and these days it is located in the Isle of Man and regulated by the FCA in the United Kingdom. However, Neteller began life in Canada, before making the switch across the Atlantic 5 years later.
Neteller was one of the first to open itself to online gambling, and this is one of the reasons it was able to gather momentum in a marketplace that was dominated by others. In fact, in 2000, a year after it was founded, they were processing payments for 8 out of every 10 gambling sites, and $95 of every $100 it earned was through online gambling. This took a hit when they stopped allowing US gamblers to use the service in 2007, but it has recovered from that hit somewhat and seems to be on its way up.
Benefits of Using Neteller?
We love PayPal, and although we have had our issues with it in the past, we still use the service. However, no matter how we look at it, Neteller just seems better. If you are annoyed by PayPal’s customer service or their fees, then you might prefer Neteller, who excel in both of these areas. We personally prefer the layout to PayPal, but we’re fairly confident that that’s down to familiarity, and the fact that we have used PayPal for years, and have only used Neteller for a few weeks.
Away from the PayPal comparisons, Neteller is safe, quick and accessible. It is used on most gambling sites and is also available on many shopping sites. There are also many ways you can fund your Neteller account, much more than PayPal, and Neteller is growing fast. It is owned by the same company that owns Skrill, which means that the parent company behind Neteller is potentially richer, and deals with more transactions, than PayPal.
Downsides of Using Neteller?
Neteller may offer a great number of ways you can fund your account, but some of these are just too expensive to be considered. The average rate is just 3% and there are ways that you can fund for free (including bank transfers and debit cards), but if you plan on using a credit card (regardless of the type) or a niche payment method, then you could pay anywhere from 4% to 7%.
Neteller may also be a little confusing if you are used to PayPal, but it should be less confusing if you have used Skrill in the past. These issues aside, there is very little wrong with Neteller, which is no doubt why it is becoming so popular and why many people prefer it to other methods.
The Best Neteller Casino
Jackpot City is one of the best, if not the best Neteller casino we have come across in recent years. The customer service is second to none, the games (Jackpot City uses Microgaming) are fantastic and there are also some big bonuses to pickup. To get money into your Jackpot City account using Neteller, you just need to select the service in the “Cashier”, after which you will be guided through. It takes a matter of seconds, and then you can start playing.
Before you do this though, you need to make sure you have opted-in to a welcome bonus. There is always one available, but many players miss out. They don’t realize that by visiting the casino directly and signing up via the traditional methods, the bonuses are not available. After all, the casino uses these bonuses to lure players in, and in their eyes, players who go direct to the site and sign-up normally, don’t need to be lured.
Always make sure the link you are clicking points to a promotion. Affiliate links do this, but some search engine links do it as well. You’ll know when you have clicked onto a promotion because you will be taken to a landing page and not the traditional homepage. The landing page will also tell you what you need to do to qualify for the bonus, whether or not you need to bet a certain amount, deposit a certain amount, etc.,