Neteller is one of the safest and fastest methods of making deposits to online gaming sites. It has an independent system, which allows the user to transfer funds to several websites on signup. Today, this is a very popular method with many online gaming sites, supports a wide range of currencies and is used in over 160 countries across the world.
Some Points about Neteller
As mentioned above, all major cash casinos accept payments made via Neteller, making it a convenient way to enable your online gaming status. Signing up for your Neteller account is free and VIP members on gaming sites receive their funds within 24 hours. Funding your Neteller account is possible via your bank account as well as credit card. Instacash facility is provided for some countries, where cash deposit is possible into your account. It is important to note that transactions via bank transfers are free of cost while those through credit cards have a fee levied on them. Withdrawing from your Neteller account is again possible through a variety of options including bank transfers, cheques or even using your Neteller MasterCard debit card at ATMs.
Advantages and Disadvantages of Neteller
One of the most important advantages of the Neteller account is that it can be used across various websites. It is extremely secure and fast as it is equipped with a military grade encryption facility for transmitting sensitive information. Therefore, all your personal history as well as transaction history is safe and not shared with anyone. Secondly, being an online account, transferring money to different gaming sites is very easy, as also is withdrawing to your own account. Bonuses are offered to players who sign in or deposit money into their gaming accounts through Neteller, making it an attractive option.
The only disadvantage of this system is that residents of the US, Canada and Turkey are not allowed to transfer money using this system.