One of the most favored and trusted payment gateway services, Neteller, prefers offering financial transaction services within a minimum cost. Thus, it has become a famous payment method for gamblers who love to wager on online platforms. Most of the top-tier online casinos offer a Neteller option on their payment page.
Players enjoy its convenient and secure service, enabling them to play online gambling in the most convenient way possible. In the following section, we will address every factor responsible for Neteller's popularity.
1. Security
Neteller has over 20 years of experience and a high reputation. It is powered by the PaySafe Group Limited and regulated by the FCA. As FCA authorizes it, it holds a trust account, over 100% of its member's funds. Besides, their gateway is secured with foolproof protection of SSL encryption, two-step authentication, and other industry-standard security protocols. Again, those who have their VIP memberships enjoy a 100% fraud guarantee. However, to ensure safety, players need to invest quite a bit of time in the identification process, which can be little boredom.
2. Speed
Players, who are using Neteller accounts, are blessed with relentless speed. These accounts are convenient to access, money transfers take place instantly, and as it is a global platform, players can transfer money to anywhere across the world. Players can withdraw and deposit money with lesser fee amounts. However, bank transfers can take a bit more time, which can be why a few players' annoyance.
3. Casino Reload Bonus
Exciting reload bonuses from online casinos is another thing that players who use Neteller enjoy. However, the amount of reload bonus that the player is entitled to receive depends on the casino and deposited amount. This can be another reason for the player's irk. However, galore of online gambling platforms are befitting Neteller using players with 100% reload bonuses.
4. Convenience
Neteller accounts can be operated through mobile phones, as there are two different mobile applications that players can download from their app store. This method is fast, available in 200 different countries, accepts 26 foreign currencies. Besides, it is multilingual with 15 different languages.
These features are enough to be convenient for players from all across the globe. Additionally, their responsive 24x7 active supporting desk and informative FAQ section are also proficient for making players out of all kinds of transaction-oriented issues. However, in case of any transaction delay, players may need to wait for several days.
5. Reputation
Neteller is one of the best and top tier financial transacting service providers present at this time. It is being regulated by FCA, which is also a renowned financial controlling authority. Hence, Neteller can be considered a reliable and credible solution for financial transactions. And, it is pretty much observable by seeing the vast customer base that Neteller is currently comprising. However, though the verification process brings an intensified security level, it is a bit time-consuming.
6. Cost
Neteller is free from annual or monthly maintenance fees. There are no required charges for dormant accounts. However, depositing your account, withdrawing from your account, and transacting money are entitled to small designated charges.
If your deposited amount is under USD 20,000, the transaction will be charged with 2.50% of the deposited amount.
Withdrawals using Bank Transfers, Member Wire, Net+ Prepaid Master Cards, respectively cost $10, $12.75, and 0 to 1.75%. However, for Merchant Sites, it usually is free.
Money transfers using Neteller are subject to a transfer fee, starting from 1.45%. For crypto treading too, users are liable to provide fees of 1.50% if EUR or USD is in use. For other currencies, it is 3.00%.
7. Customer Service
To offer its users immediate solutions, Neteller is encompassing a well-designed FAQ section. The FAQ section is detailed in simplifying all common issues. However, if you need further help, you can contact its support team via multiple touching points.
The immediate option for getting the support team would be the live chat option. Live chat support from Neteller is active all around the clock and offers service in multiple languages. However, the live chat option is available only for the VIP members.
You can also contact the team over phone calls. Different phone numbers are provided for different countries, and users can converse with support executives within a specific time frame.
You can also contact them through emails. Usually, email responses come within 1 to 3 business days.