Neteller was started in 1999 in Canada and is considered the second biggest payment method for online gambling and betting sites. They are currently located in the Isle of Man from where they conduct their operations.
Neteller is available as an online payment method in more than 200 countries in the world. The percentage of online bookies that support deposits and withdrawals with Neteller is well over 90%. Almost all of the top online bookmakers like William Hill, Bet365, Pinnacle, and 1xBet, support and encourage Neteller as a payment method.
Deposits via Neteller are instant at almost any bookmaker. Industry leaders like Bet365 have a withdrawal process time for Neteller set at around 15 minutes.
In the past, many bookmакеrs even offered special welcome bonuses for deposits made via Neteller. Nowadays, that’s quite a rare thing. However, deposits via Neteller are never excluded from any bonuses, not as we’ve seen with deposits made via Skrill.
Neteller, the same as any other e-wallet of its kind, has its fees for its services. They charge their customers for uploading funds and withdrawals. However, the first ten withdrawals are free every month. After the 10th withdrawal, they start charging their customers.
Neteller is very popular among punters due to services like a certain level of anonymity, easy flow of funds, and security. All transactions are covered with top of the notch encryption. Plus, Neteller guarantees that all of their user data will never be sold to a third party, nor used for any other purpose than for money processing.
Most of their customer support is done via live chat and email. Their biggest downside is their response time, which at peak times can be quite extended. But once you get in touch with some of their representatives, you won’t be disappointed as they are experienced and well-trained.