Using Neteller on your bets

All Neteller services are operated by Paysafe Financial Services Limited, a UK company that offers a variety of online payment platforms and solutions, including Neteller and Skrill.

Paysafe Group has been providing businesses and users with incredible alternatives to traditional payment methods since 1999. Neteller has been active in the market for more than a decade, transacting billions of dollars every year.

The company is fully legalised in New Zealand, and is authorised by the UK's Financial Conduct Authority (FCA) to offer services in dozens of countries. In this sense, the security of users is guaranteed, since the company put into practice the highest standards of physical and electronic security, as well as various anti-money laundering protocols that ensure maximum protection of users against fraud and data theft.

The list of countries in which Neteller is present is super extensive, but it is also good to keep an eye on the list of countries not served. If you travel to any of these countries, you will not be able to access or transact money using your Neteller. In New Zealand, the United States, Europe and Canada, however, you can use all the services provided by the company normally.

Neteller has become particularly popular with individuals who need to make fast and secure international payments. Its financial services today span a wide range of industries and businesses, including the bulk of online casinos and some of the best sports betting sites .

It is worth remembering that since February 2018, Neteller has stopped allowing transactions to casinos and gaming sites for New Zealand residents. Ten years earlier, between 2007 and 2008, the same thing happened to residents of the United States and Canada. Residents of New Zealand and other countries where Neteller is present will not encounter this impediment.

Neteller is a virtual wallet, which means that it is an online account where you can store money. This money can be used to make purchases or payments at all services and stores that accept transactions via Neteller.

Registering on the official website is fast and completely free, but you need to be of legal age. After your registration, you go through an identity verification process, submitting virtual copies of your identity and other documents that prove you are who you say you are. Once your registration is approved, you can start using the e-wallet normally.

Before making any kind of purchase or payment, you must add funds to your wallet. Doing this is quite simple. Just choose from one of the accepted methods and choose the amount you want to transfer to your wallet. You can both transfer with your credit card and with your bank account, another virtual wallet and even through bank slips .

The methods accepted by the company and most commonly used in New Zealand are as follows:

• Bank of New Zealand
• Bradesco
• Caixa Econômica Federal
• HSBC
• Itau
• Santander
• Aim
• Trustly
• Paysafecard
• Skrill
• Bitcoin
• Bank Slip

You can also receive and send payments from your account directly to customers or friends.

Once you have enough balance in your wallet, you can spend it however you want, including to make deposits at your favorite casinos. It is very easy to make this type of deposit using your virtual balance. Further down, still in this guide, we explain in detail the step by step!

Afterwards, you can also withdraw your profits from the site directly to your virtual wallet. To withdraw money from your e-wallet and use it in another way, the company offers several methods, including bank transfer.

One of the main advantages of Neteller is precisely this: it offers a wide range of options for the user to make online and offline payments from their account. Through the mobile app for Android and iOS devices, all users can also make transactions on-the-go , check the balance of the account or add funds to it when necessary.

Transfers are usually instantaneous , but fees are charged for each transaction (deposits and withdrawals from your wallet). You can access the full and updated table of rates on the official website of the company.

In addition, for all transactions involving the conversion of currencies, a fee of 3.99% is added to the amount. VIP members, however, will find lower fees and some other benefits. It is worth noting that inactive accounts also entail administrative fees – after 14 months of inactivity, monthly a fee is deducted from your balance.

Players who use casinos and who do sports betting they can quickly transfer funds to / from their bookmaker account using the e-wallet. For those who like an extra level of security and privacy during their betting, it is not only recommended, but ideal.

Unlike credit cards and direct bank transfer, when you use Neteller to make casino deposits, these transactions do not appear on your bank balance or card bill. Since bookie also does not have access to this information, you are fully protected against possible theft of information by third parties.

Neteller's latest addition is its prepaid cards . Yes, we are talking in the plural, because they are two: the plastic card, which you receive at home, and the fully virtual card. Check out below a little more about each of them:

• Plastic Net + prepaid card

Thanks to the new Net+, the Mastercard-branded prepaid card that is fully connected to your virtual wallet, you have instant access to your money and can use it in physical stores and even withdraw money at ATMs.

Because it works with a MasterCard banner, you can use it in millions of locations and make purchases both online and in person, at any location that accepts MasterCard payments.

Unlike the MasterCard credit cards , Net+ is fully prepaid and is directly associated with your virtual wallet balance. This means that if you have no available balance in your wallet, you will not be able to use it.

The best thing is that any Neteller user can order a card. It arrives at your home within 2-10 business days. When it arrives, just activate it and it is ready to use.

• Net + virtual prepaid card

With the Net + virtual card, you can use your wallet balance to make purchases and payments online. The virtual card also uses the MasterCard flag, which means you can use it on any site that accepts Master cards.

The first virtual card you order is free, but a $2.50 fee is charged for each additional card. Users can have up to five active cards at a time.

The time has come to gather in one place the advantages and disadvantages of using your Neteller account to place bets at online casinos. During this analysis, we also compared it to others payment methods available to New Zealand players.

ADVANTAGE

• Instant transactions. With your virtual wallet, you can transfer and receive funds from betting sites instantly.
• Net + prepaid cards are great for those who want to use MasterCard in the thousands of stores, services and casinos that accept this method.
• Transferring funds to your virtual wallet can be done through various methods, including wire transfer and bank slip.
• The company is one of the leaders in online payment solutions, which ensures that the user enjoys complete security during their online payments.
• You can transact 22 currencies with your e-wallet – including the real (BRL) – for all countries where the company is present.
• It is widely accepted in casinos, as well as being super affordable and easy to use for both deposits and withdrawals.

DISADVANTAGE

• Since February 2018, Neteller has stopped allowing transactions made to bookmakers and online casinos in New Zealand . This means that no New Zealand resident will be able to use their virtual wallet to make deposits on betting sites. Residents of New Zealand and other countries in which Neteller is present (excluding the United States and Canada), may continue to make this type of transaction as normal.
• The fees charged for each transaction are quite high, and currency conversion fees are also always present.

Making deposits and withdrawals from online casinos to or from your wallet is very easy. With just a few clicks and in less than five minutes, you will see the transferred balance arriving at your destination!