Nov 06, 2019 NETeller is one of the top five most popular online payment methods that gamblers use to withdraw and deposit money from online casinos. PaySafeCard Casinos If you are not certain where to look for a PaySafeCard, then please visit the company’s official website, where you can use the search form to find the nearest retailers to your location.
Neteller is the most recognized e-money and e-wallet services in the world. NETELLER is owned by Optimal Payments PLC and headquartered in the Isle of Man in the British Islands, though the service was started in Canada in 1999. Because Optimal Payments is the ultimate owner of Neteller, the company trades on the London Stock Exchange under the call letters “OPAY”. Neteller offers stored-value and electronic payments to consumers in more than 180 nations worldwide, allowing people to transfer money from a website merchant to their own private accounts. These online vendors almost always are online gambling sites, so that NETeller and online gaming go hand-in-hand.
In fact, Neteller and online gambling was once almost synonymous. After starting to process gambling deposits and withdrawals in 2000, over 80% of the world’s gambling payments were processed through Neteller by 2005. The company reported $239 million in revenue in 2006 alone, an indication of the volume of payments being processed, since e-wallets only take a small fee out of each transaction.
Online Casinos Accepting Neteller Payments in 2020
Neteller and Online Casinos
Neteller may not have the towering profile it had in the online gambling industry 7 years ago, but it’s still one of the giants of the gaming world. In fact, you won’t find a web wallet trusted by more gamblers than Neteller. I assume many of those who had their funds frozen by the U.S. authorities probably cashed out and never looked back. With NETELLER out of the U.S. economic zone, you can expect no other such crisis will ever come about. If you don’t want to use a credit card or debit card to fund your gaming hobby, Europeans won’t find a more reliable service than Neteller. Since Neteller has 17 different major currencies you can use when you sign up and since you can upload money from your bank account, credit card account, POLi, Giropay, UKash, iDEAL, or e-Banking account, this really is the easiest way to pay casinos online.
Neteller Online Casino Sites
Name the UK, European, or global online casino site and it uses Neteller: Ladbrokes, bet365, William Hill, 888casino. Just about any online software development company also wants to use Neteller’s services. This includes Microgaming, Playtech, IGT/Wagerworks, Cryptologic, and NetEnt. Those software design firms which accept USA players, such as Realtime Gaming, Rival Gaming, and TopGame Technology, are not going to have Neteller access, since Neteller very famously got out of the US market.
Instead of giving a dry recitation of casinos, I wanted to discuss everything Neteller gives to an online player. First of all, you can pay, spend, and play with a worry-free e-wallet that’s been handling transactions for more than a decade. While Neteller chose to diversify over the years by getting hooked into thousands of vendor websites and introducing prepaid cards, the company still does the online gambling industry better than any of its competitors.
Free Prepaid Cards for Neteller Casino Withdrawals
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Neteller had a partnership with MasterCard to bring customers what they called their award-winning “Net+ Prepaid Mastercard”. All customers had to do was sign up for an online Neteller payment account, then apply for the Net+ Prepaid MasterCard. Once accepted, players were able to transfer money over the Internet to you eWallet, which allowed them to fund their card. Then gamblers used the prepaid card anywhere MasterCard was accepted. This gave Neteller consumers a much wider range of pay options than they ever would have had before. Unfortunately, the card was discontinued in the last few months, citing lack of use. Given the benefits of Net-Plus Prepaid Mastercardm including low costs, the FSA-approved safety methods, and secure offline payment solutions, I would expect to see a similar prepaid card system appear from Neteller in the near future.
How Neteller Maintains Your Security
The Neteller’s patented secure online payment system uses a series of techniques to keep your money and your identity safe and security. First of all, the eWallet has secure payments online, so they’ll never pass your personal financial details on to the vendors they send money to. Neteller keeps your data safe.
NETELLER Today
Of course, that’s still a huge amount of revenue for a startup company that just started business 12 years ago. Neteller has moved its operations to the safety of the Isle of Man, while it continues to transact payments to and from online casino sites, online poker rooms, and Internet sports books. While the USA seems to view e-wallets for gambling as some kind of illegal money-laundering, the rest of the civilized world sees Neteller and the web-wallet companies as legitimate businesses which provide a valuable service to two willing parties in a cash transfer.
As it is, Neteller remains one of the largest and most widespread e-money companies on the Internet, while it’s certainly the best-known. Along with Moneybookers (now known as Skrill), Neteller is one of two money transfer companies used by every online casino on the Internet–except those sites which accept US players. Since Neteller is going to be found everywhere you would want to gamble (outside of America), I’m not going to give a dry rundown of the casino sites you’ll be able to use NETeller at. The fact is, you can use it at all of them. If you find an international casino website which doesn’t accept Neteller, I’d be concerned about that operator. Neteller might not meet the approval of American officials, but using the service is a mark of respectability in the online gambling industry. At the end of the day, Neteller is the proven best service at what it does, so long as officials full of their own power don’t interfere.
eCheck is a method of adding cash to your online casino account without credit cards, debit cards, or an ewallet service. Many people don’t like using a charge card online, for fear their credit card information will be stolen and used to steal their identity. Others don’t like to use web wallets, because they don’t like to keep up with the password information and account info from multiple financial institutions. The eCheck casino option is a way users can fund their gaming activities and play online casinos while keeping things simple.
Reviewing the Best eCheck Accepted Casinos in 2020
eChecks & Instant Checks for Online Casino Deposits
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The electronic check or instant check is a way to pay for your gambling if you want to handle everything through your bank account. It’s recommended to use this method at well-known casinos that have a solid reputation. It’s further recommended to only fund the account with the money needed to fund gambling activities, such as poker, and moving the cash over from another secure account when it’s time to deposit again at the casino or mobile casino. That way, if someone does get your checking information, they’ll only be able to take a small amount of your bankroll, budget, and savings.
What Is an eCheck?
An eCheck is an electronic check. It is the Internet equivalent of the checks you would write at the grocery store or the convenience store. This payment method is tied to your checking account through a routing number, so these funds come right out of your bank account. You’ll need to provide verification to use this deposit method.
Many electronic payment services or web wallets offer the eCheck as a service. So PayPal casinos,Neteller or Moneybookers might service your eCheck. The electronic check provides greater security than a standard physical check you write from your checkbook because it has more security features attached and is processed quicker. Investopedia mentions important features such as authentication, encryption, digital signatures, and public-key cryptography.
The electronic check is governed by the same laws as standard paper checks issued by banks. Any transaction a paper check is good for, the eCheck is legitimate for use.
Are eChecks as Safe as Credit Cards?
Because an eCheck/instant check is safer than a paper check, that doesn’t necessarily mean it’s as safe or effective as a credit card payment. One advantage a credit card has over an e-check is the ability to dispute unknown charges. When you notice an unknown charge on your credit card, or your credit card issuer notices the same, the company stops payment and disputes the charge. If you use an electronic check, security and oversight are going to be left to whichever bank you have an account with.
For that reason, it’s still preferable to use a credit card payment to an electronic check, in most cases. This method becomes preferable when your credit card company begins to question your payments to or withdrawals from eCheck online casino sites. The aforementioned situation where you dispute charges from a casino site can cause its own unique problems, too.
A common scenario when using your credit card is when an online casino is slow in paying you, after you’ve made a deposit in their system and wanted to cash out after a quick win. In this scenario, those gamblers who want their credit card company to dispute with the gambling company often find themselves being monitored more closely by the credit card company–they see gambling as increasing your risk of maxing out your card, being delinquent, going into default, or even bankruptcy. In other words, Visa or Mastercard noticing your gambling payments causes them to consider you riskier.
Many people want no part of that situation, so they choose to avoid disputes through their credit card company. Unfortunately, a similar situation can arise when your primary financial institution begins to notice eChecks going to and coming from an electronic casino.
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For that reason, some online gamblers prefer to set up a separate checking account for their gambling expenses. Winning real money on slots, poker, and other games is why they play casino games instead of visiting casinos in real life. This keeps online gaming transactions out of their normal account, where their bank, accountant, and spouse sees these payments and cashouts. That’s one reason most online casino sites send you checks by the name of their parent companies because they sound less like online gambling sites than “888casino” or “bet365 Casino” would.
Are eCheck Casinos Open to USA Players?
At present, 63 different gambling sites allow for instant check casino deposit and accept United States players. Casinos accepting eCheck include Realtime Gaming sites like Club USA Casino, Lucky Red Casino, High Noon. Don’t assume RTG sites are the only options, though. Microgaming casinos like Red Flush Casino also participate, while lesser-known software providers like Amigotechs Inc, who also offer instant check deposit services through a few casinos.
Be careful and research the casinos and mobile casinos you want to send eChecks too. It’s always better to be safe than sorry.
Instant Check Casinos for UK and Canadian Casino Players
Players from the United Kingdom and/or Canada have a much wider selection, with at least 348 different sites which accept bank draft cheques. These are some of the most famous poker sites and gambling sites in the world, such as Ladbrokes Casino, 888 Casino, and William Hill Casinos. This underscores the fact that legalizing online gambling protects players by giving them access to more choice and a larger number of legitimate choices. When you make something a black market activity, people are less protected under the law.