When a race is about to close, we don’t want to be fumbling around trying to make a deposit; rather we want a quick and easy process, which is what you will get when depositing with an e-wallet. Neteller is the leading e-wallet for punters at our favourite bookies as it makes depositing safe and easy. We take a look at what the web wallet offers, why it makes depositing so easy, and how to open a Neteller account.
What is Neteller?
Neteller is an e-wallet, which is an online wallet that stores your funds so you can purchase goods and services electronically.
You are required to link a payment method to the virtual wallet in order to use it, though you can do so with prepaid methods if you aren’t one to link a personal account online.
It offers an alternative payment method to players who can’t use their usual method due to restrictions by their financial institution or other reasons, and provides a way to safely fund your account and easily create a bankroll by depositing the amount you wish to use directly to your e-wallet.
Additionally, when you do make a deposit with Neteller, the funds process instantaneously (provided it is funded) making it a speedy and convenient option for punters.
Who can use Neteller?
Neteller is accepted worldwide with users from Australia, Britain, Europe, New Zealand and many more places around the world eligible to use the method.
There are exclusions when it comes to gambling however with some players from countries such as Canada, Hong Kong, Israel, Macao, Singapore and Turkey eligible to have an account, but unable to use it to make gambling transactions. Additionally, in 2007 all US account holders had their accounts frozen and Neteller was forced to exit the US market, meaning US players aren’t able to use this service to deposit at bookies either.
There are also a few countries which ban the service completely so if you are travelling here you will be unable to use your Neteller account. These countries include, Iran, Syria, Sudan, Zimbabwe, and Iraq.
How to get a Neteller account
To sign up for Neteller, first head to their official website. Fill out the form, using an active email address and ensuring your personal details are correct. An email will then be sent to the email account you signed up with after you have submitted the form, and here you will be able to retrieve your Account ID, which is what you will use to make a deposit with.
You will have created a password, known as your Secure ID, and this along with your Account ID will log you into your Neteller account. You will use these two details to make a deposit too, so keep them safe.
From here you can pick out of an array of payment methods, which will depend on what country you are using your Neteller account from, and fund your account in order to make a deposit at your favourite bookmaker.
Some methods include:
Neteller uses the latest data encryption technology to ensure that when you are entering personal and financial information into their servers you are safe. This also means third parties aren’t able to hack in and steal your information or money.
How to deposit with Neteller at online bookies
By clicking our links, you will be able to head straight to your preferred bookie, and here you will be able to log in, or sign up if you haven’t already, head to the cashier page and click Neteller as your preferred option to make a deposit with.
Here, you will be required to enter how much you want to deposit, your Account ID, and your Secure ID. You will then be required to confirm the transaction and your funds will then transfer from your Neteller account to your bookies account safely, easily and quickly.
From here on out you will be able to deposit with your Neteller account details and provided it is funded you will be able to make a quick deposit, rather than fumbling around trying to find a debit or credit card to fund your account.
There aren’t any monthly fees for opening and keeping a Neteller account but there may be a fee involved with the service you are using to fund your Neteller wallet. For example, using MasterCard will see a fee of around 1.9% to fund your Neteller account.
There are free options however, and these will vary between countries, such as Maestro debit card for UK users and POLI for Aussie and NZ users.