Making safe and fast online payments is one of the most important things to people who regularly visit online stores, pay their bills online or play at some of the numerous bingo sites. People like to keep their personal information to themselves and yet make money transfers without worrying of potential frauds.
This is exactly why the company Neteller was founded and became one of the most recognisable online banking options. Neteller was initially based in Canada and founded in 1999; however, in 2004 the company’s headquarters were moved to the Isle of Man. The services offered by Neteller are used by millions of people from over 200 countries worldwide.
Neteller offers personal and business solutions. Users of the services of this company can upload funds to websites and withdraw funds as well as simply make local or international money transfers. Businesses, on the other hand, can use Neteller as accepted payment option that is very reliable and practical. Companies can also use Neteller as a payout option to customers or associates.
In addition, Neteller expanded its service and now users can get the Net+ Prepaid MasterCard which can be used for paying at MasterCard point-of-sale locations all over the world, allowing people to make online payments or withdraw money from ATM’s worldwide.
This prepaid card has been awarded several times; for example, only in 2014 the card received three Prepaid365 awards for Best General Spend Prepaid Card, Best Gaming Prepaid Card and Best Prepaid Card Overall runner up.
Usually, money transferring via Neteller is instant and this makes it the perfect method for depositing and requesting withdrawals. That is why so many people decide to register a Neteller account and why so many businesses decide to accept Neteller as one of the possible banking options.
Understandably, the bingo sites in the United Kingdom do their best to make deposits and withdrawals as simple as possible and let their customers enjoy bingo games. As a result, most of the popular bingo sites on the Internet offer Neteller as one of the possibilities for money transferring from and to players’ accounts.
Neteller Bingo Site FAQ:
- Is Neteller Free of Charge?
Registering a Neteller account is completely free of charge. However, making a deposit to your account or withdrawing money can sometimes include certain fees. Some free of charge deposit options are Giropay, Fast Bank transfer, local bank deposit, iDeal, Poli and Sofort. Money transfers from your account to merchant sites are also free of charge.
Depositing money into your Neteller account can cost the user from 0.75% to 9.9% of the total amount. Different payment methods have different fees. Therefore, using MasterCard or Maestro has 1.9-4.95% fee, while using Paysafecard costs 9.9% of the amount and Ukash has 3-7% fee.
Withdrawal fees also vary from €4 to €25. For example, bank transfer or cheque costs €7.5, whereas the bank draft fee can be €7.5-25.
Receiving money in currencies other than the local one includes 2.95% exchange fee.
- How Can I Deposit or Withdraw Money from Neteller?
Using Neteller is very simple. Of course, users have to visit Neteller website and register an account. Usually, after providing the required information, the user will have to deposit some money into his new Neteller account and then verify the transaction. Sometimes these steps can take a couple of days; nevertheless, the entire process of setting up a fully functional Neteller account is fairly easy.
After the account is registered and verified, the user can start using it for money transferring. Of course, before being able to use it as a payment option, the customer will have to deposit funds to his Neteller account first. Making a deposit is fast and simple. The user should simply choose how he wants to send money to his Neteller account and enter the total sum of money. The process of withdrawing money is also the same; the user should enter the amount he wishes to withdraw and choose one of the withdrawal methods offered by Neteller.
- Why Is Neteller a Better Option Than Credit/Debit Cards?
There are so many payment methods available on the Internet these days and choosing the right one can be a really hard job. However, using Neteller as a digital payment method is always a good idea. First of all, Neteller is accepted at around 70% of the bingo sites around the world. That makes it perfect for those who want to use the same payment method at several bingo sites. Furthermore, unlike other methods that can be used only for making deposits, Neteller users can also withdraw funds from bingo accounts to their Neteller accounts.
Other advantages of using Neteller as a preferred payment method are the privacy and security that this company provides to the customers. This e-wallet stores your money and all the transactions made via Neteller are not registered in your bank account.
That means that you can regularly upload funds to bingo sites and your bank will never know about it. Additionally, the transactions are done using your unique Neteller ID and e-mail address; therefore nobody will find out your credit/debit card number and other important personal information. Finally, Neteller Limited is regulated by the Financial Conduct Authority (UK); hence users know that their money is in good hands.