Neteller was first established in 1999 by the Paysafe Financial Ltd company, and this new ewallet brand was launched as an alternative to traditional online payment methods. For over two decades now Neteller has provided businesses and individuals with a fast, simple and secure way to move money online, processing billions in transactions all over the world.
It’s become an extremely popular payment method amongst the online bingo and gaming community in particular, and it offers players a quick and simple way of both depositing and withdrawing from their online bingo accounts. Neteller cuts out the process of entering any personal banking details entirely, and it’s a very similar payment method to the likes of PayPal and Skrill.
It’s available as an option across quite a large selection of our recommended online bingo sites these days, and depositing using Neteller will almost always be instant. Withdrawals can be stated as between 1 and 5 working days to process, but this is a very similar time frame to any debit card withdrawal, and usually will be much faster. You will only ever need to enter your Neteller account details when funding or withdrawing from your online bingo account, and it’s an extremely simple process that takes no time at all.
The company are authorised by the Financial Conduct Authority (FCA) in the UK, and have industry leading physical and electronic security measures to ensure members are protected as far as possible from any identity theft or fraud. They have millions of customers all over the world, so you can use Neteller for your online bingo in the knowledge that you are both sending and receiving money with an extremely trusted online payment brand. The company now have headquarters in both Quebec, Canada and also London in the UK, and Paysafe Financial Ltd who own Neteller is a wholly owned subsidiary of the Paysafe Group Ltd.
Bingo Sites That Accept Neteller
| Bingo Site | Min Deposit | Software | Visit | |
|---|---|---|---|---|
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Bingo Stars | £10 | Pragmatic Play |
T&Cs apply, 18+ #ad
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Gala Bingo | £5 | Cozy Games |
T&Cs apply, 18+ #ad
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Betfred Bingo | £5 | Virtue Fusion |
T&Cs apply, 18+ #ad
|
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Unibet | £5 | Independent |
T&Cs apply, 18+ #ad
|
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Free Spirit Bingo | £10 | Pragmatic Play |
T&Cs apply, 18+ #ad
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Boyle Bingo | £5 | Virtue Fusion |
T&Cs apply, 18+ #ad
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Payments via Neteller are nearly always instant, allowing you to purchase items or deposit into your account straight away and start using the funds. Because using Neteller doesn’t require customers to send any debit card details to the end merchant, it is considered a safer method of depositing and withdrawing online.
The History Of Neteller
Neteller was originally based in Quebec, Canada, when it first began operations back in 1999. Offices later opened in the Isle of Man in 2004, until eventually the Isle of Man base closed down and headquarters were set up in London, UK.
The aim of the company was to set up an e-payment solution that allowed users to instantly send and receive money quickly and securely. From 2000 onwards, they started to specialise in the online gaming industry in particular, and the system soon went on to become widely available across hundreds of gaming and casino sites across the globe.
Over the years the company expanded the brand, and they now offer 4 different key product services:
- PAY ONLINE – The original Neteller payment solution. Paying this way is instant and secure, without risking any personal banking information.
- MONEY TRANSFER – Send and receive money anywhere in the world instantly to anyone you like. The receiving person doesn’t even need a Neteller account either, all you need is a funded Neteller account and a recipient email.
- NET+ PREPAID MASTERCARDS – An award winning prepaid card in association with Mastercard. Access funds instantly at ATM’s around the world, plus you can use it for any online shopping and spending too.
- Cryptocurrencies – Buy and selling of various cryptocurrencies is available via Neteller, as well as crypto withdrawals.
Neteller can be used in 26 major currencies, and there is also now a Neteller mobile app, so online payments could not be simpler. Access your account whenever you need it, and keep track of all of your payments in one place on the go.
How To Use Neteller To Play Online Bingo
Once you’ve signed up for your own personal Neteller account, you simply need to add a way to pay into the account, then link those details up to your preferred online bingo sites and all will be set up and good to go.
Once registered for Neteller by choosing an email address and a password, you can transfer money into your Neteller account to use online however you may need. A huge selection of online bingo sites accept Neteller as a payment method these days, so just choose this option whenever funding or withdrawing from your online bingo banking account.
Here are the main steps that you will need to follow when using a Neteller account for online bingo:
- Sign up to Neteller with an email address and a password.
- Fund your Neteller account via debit card or another means of payment.
- Sign up/login to your preferred online bingo site.
- Select Neteller as the payment option to fund your online bingo account.
- Enter you Neteller account details into the online bingo site.
- Use the funds to play online bingo.
Withdrawals are processed in a much similar fashion when using Neteller. Simply input the amount that you wish to withdraw, and then choose Neteller as the method that you wish to complete the transaction. If you aren’t logged in to your personal Neteller account already, the online bingo site will require you to enter your email and password before confirming the withdrawal request.
Neteller Net+ Virtual Prepaid Card
A Neteller Net+ virtual prepaid card is an online spending card in association with Mastercard. It’s a prepaid card that you can apply for at no additional cost, and it allows you to spend at thousands of websites whilst keeping your personal information even more secure.
Simply deposit money into your Neteller account then you can use your virtual card on any site where Mastercard is accepted. Your first card is completely free, and you won’t have to pay an annual, monthly or dormancy fee. The main features of a Net+ virtual card are as follows:
- Instant – Your first card is free and you can use it instantly.
- Secure – Your virtual card is only linked to your Neteller account, so you will never have to compromise any personal banking details online.
- Private – Net+ keeps your information safe no matter where you use your virtual card.
- Add up to 5 cards – Each card can have its own name, currency and optional lifetime limit.
- Versatile – Available in 8 different currencies.
- Optional limits – Manage spending and stay in control.
The Neteller Net+ virtual card can be used in the following currencies:
GBP – Great British Pound.- USD – United States Dollar.
- EUR – European Union Euro.
- JPY – Japan Yen.
- AUD – Australian Dollar.
- DKK – Denmark Krone.
- CAD – Canadian Dollar.
- SEK – Swedish Krona.
Neteller Fees, Charges And Time Frames
Neteller offers low cost options that let you move your money without breaking the bank. There are a huge variety of 42 options to fund your Neteller account, and here are few of them with the fees included:
| Deposit Options |
|---|
| Visa debit card 2.5% |
| Trustly 2.5% |
| Bank transfer 0% – 1% |
| Paysafecard 0% – 5% |
| Paysafe:cash 2.5% |
| Rapid Tranfer 0% – 1% |
Neteller also offers fast, simple and secure withdrawal methods too, and here are a few options with the fees included:
| Withdrawal Options |
|---|
| Bank Transfer $10.00 |
| Member Wire $12.75 |
| Merchant Sites 0% (Free) |
| Money Transfer 2.99% |
| Net+ Pre Paid Mastercard 0-1.75% |
| Visa/Mastercard – 0% – 3.99% |
Neteller Restrictions
The only restrictions that you should ever encounter when using Neteller to play online bingo, are both the funding and withdrawal limits that will be present on your account. When you first open a Neteller account you will be registered under a basic entry level account, and this means that there will be limitations as to how much you can deposit and withdraw.
However you can verify your account over time and increase your limits by following a few simple steps, which can include providing personal information such passport details or government issued photograph. You will be sent all the relevant information when you sign up to Neteller nevertheless, so be sure to always read the terms and conditions.
Beware promotions on the bingo sites that exclude Neteller as a deposit method for that specific promotion too. It won’t often be an issue, but if certain payment methods are excluded, Neteller is always one of them.
Neteller Safety Online
Neteller is one of the most trusted online payment systems in the world, home to the latest anti fraud tools and some of the most advanced security features around. Whether you are depositing with a card, a bank account or any other option available, Neteller promises to keep information safe.
As a UK Financial Conduct Authority (FCA) company, Neteller holds 100% of your account balance in trust accounts which means your money is always there when you need it. As long as you keep your account information secure and don’t share details with any third parties out there, Neteller is one of the safest choices for any online bingo or gaming use.
Contact
Should any problems arise when using your Neteller account, you can find an extensive FAQ section on the website. Here there will be an option to troubleshoot any issues, and there should be an answer should anything have gone ary.
There is also a live chat option or:
- Email – help@neteller.com
- Phone – 020 3308 9525
Conclusion
Overall like most of the other e-payment solutions such as PayPal and Skrill, Neteller really is an excellent choice for online bingo. It’s fast, secure, instant and trusted, and it allows you to both spend and receive money without having to enter banking or personal details each time you play.
There are a few fees that you will incur from time to time however, so always read the terms and conditions at the time of play.
Here are the main things to consider when using Neteller as a payment option for online bingo:
- The company have been established for over 20 years.
- Neteller is known, trusted and used in 26 different currencies across the world.
- A Neteller account is super easy to use, and makes online bingo payments fast and instant.
- The Neteller app allows users to keep track of all payments on the go in one place.
- Having a Neteller account allows users to spend and transfer money across several other platforms/shops across the world too.
- Fees may occur when funding and withdrawing from your Neteller account, however these are kept pretty minimal and you will be made aware of all charges upon registration.
- A huge amount of online bingo sites now accept Neteller as a payment option.
- Hundreds of businesses throughout the world use and accept Neteller.
- You will never need to enter any personal card or payment details online when using Neteller.
Neteller is a fantastic choice when both funding and withdrawing from an online bingo account. The mobile app makes transactions even faster and simpler too, and you can literally start playing as soon as you’ve funded your account.
The only set back to using Neteller are the small fees you will incur, and the customer service isn’t quite as good as with other payment providers. All in all however it’s an excellent online payment method, and one that is now used widely throughout the online bingo community.