Online casinos have not been around forever, but they have been in existence for a few decades now. During the early days, online casinos were lackluster and did not really have the same allure that they do today. As people became more obsessed with the internet, the online casino industry absolutely boomed. The key to the industry’s success was the fact that real money casino games being able to be played online offered a unique solution to people who did not necessarily live close to casino resorts. If you did not live in or near places like Las Vegas nor Atlantic City, gambling was always going to be difficult. This quickly changed, and it changed mostly thanks to the existence of e-wallets such as Neteller.
Neteller, which launched in 1999, almost instantaneously became a staple across the entire online casino industry. This helped boost both the Neteller brand as well as the online casino in general because it was so much easier for people to fund their online casino player accounts with real money. Since then, Neteller has only grown in popularity and is still one of the most well-known and respected methods of deposit/withdrawal that exists online.
*At the moment, no US online casinos still accept Neteller, but we can recommend Cafe Casino for some great alternatives.
How Depositing/Withdrawing via Neteller Works
While at first glance it may seem like a Neteller deposit differs in no way at all from traditional credit and debit card deposits, but nothing could be further from the truth. The biggest difference that separates Neteller transactions from most other methods of deposit and withdrawal is the fact that you are offered a unique protection via e-wallets such as Neteller.
Unlike wire transfers, which link your bank account directly to the online casino at which you would like to deposit, e-wallets such as Neteller keep you protected from ever having to give any information to the online casino. Though most sites are trustworthy and will not do anything unscrupulous with your financial information, there is a level of peace of mind provided by the fact that you need not provide the casino with any sort of personal information.
In addition to this, e-wallets, like credit card companies, have a large customer service staff that is able to help you should an issue ever arise. Working 24/7, Neteller has a competent team of customer service representatives able to help you with any problem big or small. On top of all of this, the security utilized by e-wallets to protect individual transactions is the same as what is employed by some of the biggest banks in the world. The financial industry is incredibly confusing today and you can leave the stressing and security features to the companies like Neteller. As far as the future is concerned, it seems as though Neteller’s influence on the online casino industry is only going to grow bigger. This has been the case for almost 20 years now, and will likely remain the case as time moves forward.
What makes e-wallet deposits so appealing to so many people?
One of the biggest reasons e-wallets are so popular as a way to deposit and withdraw funds from online casinos is due to the fact that they require you to give up no information whatsoever to online casinos. Unlike other methods of withdrawal and deposit, you need not provide an online casino with your personal information in order to make a deposit. This is a big reason, but is only one of the many reasons people love utilizing e-wallets such as Neteller.
Does Neteller have a positive and extensive track record?
Neteller was originally created just as online casinos were becoming popular. As such, they were immediately thrust into dealing with industry. Since then, Neteller has been one of the top players in the online casino industry and has facilitated millions of deposits and withdrawals for casinos from all over the world. You can do your own research, and it is suggested, but you will find that Neteller is generally held in positive regard by the public.
What are the fees associated with Neteller deposits?
When it comes to depositing with Neteller, there are almost always going to be fees involved. It is important to remember that the fees associated with Neteller transactions vary from casino to casino. While one online casino may charge astronomical fees for Neteller deposits, others may charge only small fees.
If I can deposit with Neteller, can I also withdraw via Neteller?
A common misconception across the online casino industry is that if a deposit method is accepted at a casino, that casino will also facilitate withdrawals via the same method. This is not necessarily the case and, in many cases, you will find that a given method of deposit does not also exist as a method of withdrawal. By doing a bit of research beforehand, you will be able to determine whether or not Neteller is accepted as both a deposit and withdrawal method.