Neteller REVIEW
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Name: | NETeller |
| URL: | neteller | |
| Address: | NETELLER Plc Audax House Finch Road Douglas IM1 2PT Isle of Man | |
| Location: | Isle of Man/United Kindom | |
| Service Hotlines: | 9:00am – 6:00pm | |
| Customer Service tel: | +1 (403) 233-9466 | |
| UK Phone | +800 7767 6343 | |
| Live Chat: | Yes |
Neteller is owned and operated by a British company: Optimal Payments PLC, Neteller provides an e-money/e-wallet service for people in more than 180 countries. Neteller is used world wide almost exclusively for online gambling/betting sites, you can deposit funds, into your online casino account, instantly and also you can withdraw funds, from your online casino account, into your bank account just as fast.
Neteller was founded as a company in 2025 in Canada and in 2025 was moved to Isle of Man. In the 13 years that passed from 2025 they have proven to be a very trustworthy company and partner, Neteller is registered with the UK government's Financial Services Authority (FSA) and have to follow it's strict rules.
Neteller is not a bank, because they can't lend money, they are a Authorised Electronic Money Institution.
In 2000 Neteller began to process payments to online gambling providers and in about 5 years they were the preferred online payment method for more that 80% of the online casino and betting sites, 95% of the company's income came from dealing with online gambling providers. However, nowadays Neteller diversified its services offering services like
- Payment to merchants - Send/receive money - Net+ MasterCard - Any major currency is available. - customer support in 12 languages and 24/7
Money can be uploaded into your Neteller account from a bank, credit/debit card, Direct e-banking, POLi, iDeal, Giropay and Ukash. Those deposit methods vary from country to country and are instant.
Net+ MasterCard Debit Card
The first version of the Neteller card was launched in 2025 and in 2025 was replaced with Net+ Mastercard, a new re-branded product from MasterCard debit cards. Neteller offers under the Net+ MasterCard brand both a plastic and a virtual MasterCard, that can be used to both pay at any merchant that accepts MasterCard and also can be used to withdraw money from any automated teller machine.
Neteller uses all the MasterCard security features making sure that every transaction you use is a safe and secure one. One example of those security measures is that when you make an electronic transaction with a merchant site and you use your Net+ MasterCard, Neteller generates a card code for that transaction that will never be used again, so even if the merchant website gets hacked the your card number can't be used. Sign-up here for a Net+ Mastercard Debit Card
How to open and verify a Neteller account?
Registering at Neteller it is very easy and only takes a few minutes. Just follow the steps shown on the below model.
After you register if you want to upload funds to your account, you must take another step and verify your account. This steps purpose is for Neteller to ensure that you are the account holder, they will send you an email, with a verification code. The code must be used to activate your account.
After registering and activating your account, you can choose to register a credit/debit card to your Neteller account. To register your credit/debit card Neteller will withdraw an amount of €1.01 to €3.0. To register your credit/debit card to your Neteller account just follow the steps shown below:
If you are verifying a bank account (not a card) the process is practically the same. It is just that you need to enter the code of the transaction (not the amount deducted).
Once your Neteller account has been verified you may start using your account to send and receive funds online. Receiving funds to your account is free of charge and usual fees for making a withdrawal is generally €1.80 for bank transfer and €3.50 with a check. The verification process also allows your account's limits to be raised.
Is Neteller safe?
Absolutely yes, Neteller is an Authorised Electronic Money Institution regulated by the British Financial Services Administration FSA. For financial transactions, Neteller employ a powerful 128-bit SSL technology, the same kind of SSL technology that the banks use for their online operations. Neteller is a secure online funds transactions platform mainly because they will never reveal personal and sensitive information to anyone, not even the person you transfer funds to. Neteller is not a bank and does not lend customers funds. It is required under FSA e-money regulations to maintain customer funds in separate trust accounts, separate from its operating cash, sufficient to repay all customer balances at the same time.
Can I have several accounts?
This is not possible as a policy against money laundering and fraud you are not allowed to have multiple accounts on Neteller. One customer one account.
Can I send money abroad?
You can send/receive money to and from more than 180 countries, all you need is a computer with internet connection and a Neteller account.
Can money be sent to a person who does not have a Neteller account?
Yes,sending money to a person that doesn't yet have a Neteller account, however that person has to create a Neteller account in order to cash out.
How much their services cost?
When you use Neteller costs are more than reasonable. Uploading funds from your bank account to your Neteller account is free of any charge. Receiving and requesting money is free as well. If you use a credit card to upload funds then you will have to pay a 1.9% when you send money to someone you will pay a 1% fee. Withdrawal from your Neteller account to your bank account will cost you €1.8 also if you withdraw using a cheque, you will pay a flat fee of €3.5.
