Making a payment with Neteller – Step by step
Initiating and making a successful payment to
betting sites
or Bookmakers with Neteller is an easy process. Here’s a step by step
guide
on how to make a payment:
- Before you begin making payments via Neteller, you need to register yourself with Neteller. This involves creating an account and thereby registering yourself on their website after fulfilling all the authentication process. You also need to check with the Online Bookmaker with Neteller you are going to use.
- Now, you must deposit some money in your newly created Neteller account to be utilized on the Online Bookmaker with Neteller of your choice.
- Go to the Best Betting Sites with Neteller in India either register for a new account or log onto your existing account.
- Check whether the operator accepts Neteller for payments then select the deposit options and choose Neteller as the payment method you wish to proceed with.
- Select the amount you wish to transfer from your e-wallet into the gambling operator account. Please remember that Sports Betting Sites with Neteller comes with different deposit limits, and you would do well to check them out individually.
- A login window for your Neteller account will open up. Log into it and click on submit.
- Your payment will be processed.
The same format applies for withdrawal too. You need to just select withdrawal as the payment option instead of deposit.
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Average time of Neteller for deposits and payouts
Deposits and payouts while initiated at Neteller are not wholly executed by them; they also depend on the response time of the online gambling service provider. The Best Betting Sites with Neteller in India usually take less time to process the funds. However, there are a few Sports Betting Sites with Neteller that take more than 24 hours to conduct a payout allowing the customers to make a conscious decision. When the withdrawal reverse option becomes a factor on which payouts are based, there is an tendency to take more time to process transactions. One of the best ways to know the precise time taken to process a transaction request is to consult the gambling operator of your choice via live chat.
Usually, deposits made over Neteller are often reflected almost instantaneously, and payouts are processed within 24 hours. However, as mentioned above, this time does not depend on Neteller alone, and you’d do well also to consult your bookmaker.
Neteller verification requirements
Neteller has a straightforward and simple verification process for its regular customers. Here are the steps:
- Sign in to the Neteller account you have created.
- Deposit a token amount for the verification option to appear.
- Click on the ‘Verify your account’ button on the account summary page.
- Click on ‘Start verification’ to begin verifying your account.
- Select the type of ID you wish to provide along with your country of residence, verification of location.
- You also need to provide a selfie or need to undergo a webcam session for photo verification.
- Your documents will be reviewed, and the account will be verified within the next few days.
The history of Neteller
Neteller had originally been created by Optimal Payments Limited in 1999 as a mode of online payment. However, since then, the company has been renamed as Paysafe Financial Services Limited, which functions as a subsidiary under the Paysafe Group PLC along with a host of other payment modes like
Skrill
and Paysafecard. Having been functional for over 2 decades now, Neteller has emerged as one of the most efficient ways to manage online payment operations, including deposits and withdrawals. They have grown to process almost $1 billion of transactions every year, currently making them one of the largest independent money transfer sites in the world.
The Paysafe Group PLC has been under the regulations of the Financial Conduct Authority (FCA) and has been authorized by them to issue electronic currency. Neteller, since a subsidiary of the Paysafe Group, is also bound by the FCA guidelines and subject to its regulations. Neteller thus uses a variety of security features like 128-bit encryption, real-time monitoring, and identity verification to prevent money laundering or fraud. The company true to its global presence has offices in Canada, New York, London, Mauritius, and the Isle of Man.
Currently, Neteller operates in over 200 countries and supports more than 20 different types of currencies. They are one of the largest operators used when it comes to forex trading and online gambling. To facilitate its global customer service footprint, Neteller also offers a Neteller Money Transfer Service, which comes equipped with an automatic currency conversion, albeit with a charge. The Neteller Money Transfer allows the user to transfer money across the globe and send it to other people. To send money, the receiver need not even have a Neteller account, merely an email id, and a mobile number. Neteller also supports 16 different languages and comes with holistic customer support, which is functional around the clock. The icing on the cake is probably the fact that the operator even allows you to make
bitcoin
transactions.
Neteller to other providers compared
Given the rising popularity of e-wallet payments, an Online bookmaker with Neteller is not hard to come by. However, Neteller is not the only player in the segment. The unique selling proposition that Neteller brings to the table sets it apart from fellow competing e-wallet operators. Here’s a list of some of the unique advantages of using Neteller:
VIP program
Neteller offers six unique VIP programs for its customers based on transaction history and loyalty. These VIP privileges include higher limits on deposits and withdrawals, dedicated account manager, higher cash withdrawal limit from ATM, lower fees.
Security
Being predominantly an online payment operator, Neteller employs a secure two-factor authentication procedure along with a unique authentication code.
Mobile App
Most payment operators offer mobile
betting apps. However, few of them are as meticulously designed as the Neteller offering. Efficiently optimized and adeptly managed, the App is bound to keep your payment experience easy and smooth.
A disadvantage of Neteller is that some gambling operators, while allowing deposits through Neteller, do not offer certain bonuses if Neteller has been used for deposits.
Most popular payment methods
Netter has emerged over the past decade as a reliable and trustworthy name in the e-wallet arena owing to its consistent track record of being an efficient e-wallet operator. With its wide range of security features and efficient customer support, Neteller has become one of the most popular ways to deposit funds into your account.
With Neteller, the financial information that you give out is entirely secure with a two-factor authentication along with a dedicated authentication code. Given that the authentication code automatically changes every 3 seconds, it is virtually impossible for anyone to hack into your account. Apart from this, they also use a state of the art anti-fraud software designed to protect your account from phishing related activities.
Neteller, in compliance with the guidelines that need to be followed by an FCA compliant company, stores the member funds in a trust account. You can, therefore, rest assured that your money is safe and secure in their hands.
Neteller FAQ
Q1: What are the top 5 mistakes to avoid when making a deposit?
- Filling out wrong details when registering or verifying your account
- Not being aware of the various types of fees that are charged on transactions made via the e-wallet operator.
- Depositing an amount of money in excess of the amount allowed by your particular operator.
- Depositing money less than the minimum deposit limit as set by the operator
- Not being aware of the currency exchange fees, which can be quite high and could lead to a hefty amount of money being used up.
Q2: Do I need to use the same deposit and withdrawal method?
Answer:
While it depends on the gambling operator whether or not you need to use the same deposit and withdrawal method, it is always advisable that you do so. This is because each time you make a new transaction via a different method, you need to verify your transaction. This could turn out to be a hassle, and tediously time-consuming.
Q3: Why does an operator block my account?
Answer:
There could be a number of plausible reasons why an operator decides to block your account. For instance, suppose you create multiple accounts using the same id to avail of gambling bonuses. This would be considered as an unethical practice. Most of the time, payment operators ban accounts if the accounts are used for fraudulent activities or fail to be verified within the stipulated time limit.
Q4: What payment method will get me a bonus?
Answer:
The bonus policy and which payment methods can be used are the prerogative of the gambling operator. A lot of gambling sites label e-wallet operators as exceptions to current bonus requirements. However, there are a few Sports Betting Sites with Neteller that do offer bonuses on payments made via e-wallets. This differs from operator to operator, so you would need to consult the gambling operator of your choice to know more about that.
Q5: Can I get a Neteller bonus?
Answer:
Neteller does not offer any sort of bonuses to its customers specifically for engaging on Best Betting Sites with Neteller in India. These offers are usually given out by the gambling operators themselves. However, the VIP programs that Neteller offers with their eWO program do come with a host of additional benefits that can be availed.
Conclusion
Neteller is currently one of the most popular e-wallet sites and with good reason. It supports a variety of payment options including the signature Net+ PrePaid Mastercard which can be used even for ATM withdrawals. Backed with an efficient customer support over the telephone, email as well as live chat, Neteller is one of the most reliable payment options. However, what truly sets Neteller apart from other operators is their eWO program. This program allows the user full VIP status along with easy verification and monthly benefits. This makes Neteller one of the best e-wallet operators at the moment. At wetten.com in addition to payment method information you will also get an
online casino review.
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