Neteller Casinos

The company started as a facilitator of gambling transactions in July 2000. At that time, about 85% of gambling platforms worldwide subscribed to Neteller. However, things turned sour for the business when the Canadian company moved to the Isle of Man in 2004.

The departure harmed the brand; most account holders in the US had to bid farewell to Neteller. In addition, the change in headquarters forced the organisation to restrict accounts created by customers from the US.

The bad news was far from over. The funds were soon unrestricted to US citizens in 2007. As a result, Neteller's revenues plummeted from $239 million US dollars to $61 million. The loss has happened within the space of four years since 2006.

Neteller is still standing firm in the e-wallet business despite all the misfortunes. The company continues to serve casinos and merchants in every region.

If you already have a Neteller membership, the need for a credit card will be next to zero. The online casinos that use Neteller keep a record of your details. So deposits are almost instant. Usually, customers can expect their winnings to reflect on their accounts within one day.

The good news is that some Neteller casinos reward their loyal customers with incentives. These rewards might include bonus rounds and free spins, depending on the generosity of the gambling entity.

When using Neteller, deposits include no fees or extra charges. However, the gambling platform you register at stipulates all the prices. In standard cases, casinos can charge up to 1% of your deposit or winning transactions.

When you withdraw, both the casino and Neteller get a certain percentage from the amount. In addition, Neteller charges a 2.5% commission when customers use it as a middleman for transactions. The rates of all fees are on the Neteller web page, so the payment system is upfront on all its costs and commissions.

The time frame for each deposit is subject to the casino. But when using Neteller, the expected deposit processing time is instant. On the other hand, the withdrawal waiting time is usually one business day. The period can vary depending on the amount you wish to withdraw. The protocol you must follow to receive your money also impacts the waiting time.

The Neteller website includes a video tutorial for new users on opening an account. In addition, the support page is simple to navigate through. Sections are according to the issue's topics; there are also FAQs on the web page. The downside is that other contact details are hard to access except the website.

If you don't want to carry a credit card around, Neteller has its mobile application. The software is convenient because it records every information about your account. The details kept include your user details and transaction history.

The Neteller app is praiseworthy for its safety features. Also, it is rare to experience errors or bugs when using the mobile app. Not only does the app help with transactions, but it has a feature that can assist you in controlling your spending.

The app is available to all mobile devices and is downloadable on Google Play Store or the App Store.