Neteller stands apart from other competing companies by flawlessly merging with the online casinos of the world, offering you a quality and speed of service that is unmatched by any other ewallet service. iGaming has been a particular focus of the brand, as Neteller’s full-throated support of the format has made it very popular with gamblers all across the world.
Giving you a leg up on the Neteller-backed casinos, along with how the service works, the Slotspool.com team delves into why Neteller is now one of the world’s most popular e-wallet services.
Attaining success as a gambler requires you to piece together a whole number of different things. You need a healthy bankroll to get things rolling, a solid online casino that takes your patronage seriously, a quality selection of games to play, and a level of security and safety that ensures that your information is protected at all times. This is almost everything, but we missed one other element – bankroll management.
An important yet often-neglected part of managing your finances is picking the right method of payments and transfers. The first online casinos typically utilised credit and debt cards, as well as direct bank transfers. These methods were often unreliable and demanded excessive fees for their use. As if that wasn’t bad enough the information was frequently unsecured, making it a prime target for thieves and hackers. We’ve come a long way from those dark days, and there are plenty of online payment providers and e-wallet services that represent a substantial improvement over methods used in the part. One of the very best brands out there is Neteller.
History of Neteller
Given how modern and up-to-date Neteller is, you’d probably be surprised to know that the brand has existed in some form since 1999. Formerly known as Paysafe Financial Services Limited, the brand was created to serve as an alternative to the credit card and bank transfer schemes that were commonplace at the time. While the term “e-wallet” didn’t exist back then, Neteller would go on to become one of the first major faces of the ewallet/digital payment industry.
Once it was rebranded as Neteller, it quickly grew in popularity when its strengths and advantages over traditional forms of online money transfer becoming increasingly evident. In 2004, Neteller received a substantial amount of investment from its parent company so that it could begin to expand into international markets. The popularity of Neteller was such that it was even given its own spot on the Alternative Investment Market.
As of 2017, Neteller operates in 160 different countries, serving between them over 2.5 million customers. Billions in currency is transferred via Neteller annually, making it one of the biggest e-wallet services around.
Why should you use Neteller?
Dozens of online payment platforms exist, but most of them don’t operate at the level needed to make them viable for a lot of people. Whether they are limited in geographical scope, they don’t offer lots of currencies, or they demand lots of fees for their use, they simply don’t offer the kind of service that makes them viable for the average gambler. By contrast, Neteller makes it easy to be a customer. Operating in tandem with many major casinos means that using Neteller is very easy. Using the program is quick and hassle-free, making it an ideal choice for cost and time sensitive gamblers.
The threat of data thieves is one that cannot be completely avoided, but the casino industry is especially susceptible to them. Neteller maintains the notable distinction of being one of the only e-wallet services in the world to have never suffered a major data breach. Its use of 128-bit encryption for every transaction, as well as its adherence to industry-standard safety protocols, ensures that your sensitive financial information is always safe and secure from theft.
Fast money moment
Signing up for an account with an online banking service used to be a very lengthy process, and it was not uncommon to have to wait days to move money in either direction. Neteller has reduced days to seconds, thanks to its willingness to integrate itself into the fold of major casino online sites all around the world. No matter where you are or what currency you use, Neteller lets you move funds within the time it takes to click a button. If you’re looking to start gambling at an online casino within just a few minutes, Neteller is the service you want to use.
Loss prevention credentials
Many payment providers only allow you to link a credit card when signing up for an account. This is a very underhanded way of getting people to go deep into debt, as you can continue loading a casino online account with money you don’t have. If you are interested in setting a reasonable limit for yourself, Neteller lets you link a debit card to your account instead. By doing so, you limit yourself only to the cash you can afford to lose. Neteller makes it easy to stay within your set budget and avoid throwing yourself into financial oblivion.
Neteller has also distinguished itself by allowing a user to both deposit and withdraw funds from your account. Typically an e-wallet service only lets you make deposits, which forces you to use another third-party service to withdraw your funds. By putting all of these functions under one roof, Neteller acts as a one-stop-shop for your entire online casino banking needs. As much as other major payment providers claim to offer easy and quick service, they often don’t possess this one very simple function.
Alternative funding options
A lot of payment providers are limited in the options they give to their users when they want to decide how to fund their accounts. Neteller lets you utilise money transfers and pre-paid cards in addition to credit and debit cards, making it that much easier to manage your cash. This is especially ideal when trying to transfer money internationally, as this process is often fraught with additional delays and fees.
How to use Neteller effectively
Using Neteller is incredibly easy and simple, so much so that even brand-new gamblers can create and activate an account within minutes. First, go to Neteller’s website and register for an account. Once you have done so, you’ll be given a variety of options with which to fund your account. As you already know, this can be done in a whole multitude of different ways. After you’ve picked your option, link your Neteller account to your online casino(s) of choice. If you aren’t sure as to how to do that, just click the casino’s ‘Cashier’ page and plug in the pertinent information. Once you set up the link, you can begin depositing and withdrawing money as you please.
Slotspool.com welcomes the new dawn of Neteller!
Don’t get me wrong – traditional methods of transferring funds were once the best way to get money to and from your casino accounts, look at Moneybookers as an example. That day is no more, because e-wallet services have overtaken and surpassed these outdated forms of money transfer in every possible way. Of all the e-wallet services out there, Neteller represents one of the very best brands to utilise. Easy to use, safe and secure, and offering a wide range of payment options, Neteller really is the ideal choice for gamblers everywhere, with the platform certainly receiving the Slotspool.com stamp of approval!