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Top Neteller Casinos 2022 – NZ Casinos That Accept Neteller

If you are looking for a cashier channel fine-tuned to fit gambler needs, then Neteller might be the ideal option. It is accessible across 100+ countries, including New Zealand. Therefore, exploring real money gameplay in international casinos is a breeze. Opening an account with the payment method and conducting transactions is hardly tasking and well-broken down on its official website. Withdrawal fees from Neteller can be steep when using banking options like Visa, but safety and speed are assured. There is the perk of instant money transfers when depositing and withdrawing for Neteller users. Funds in the eWallet can also be sent to Skrill, Mastercard, Visa, mobile wallets, and crypto-wallets with as much ease as casino transactions.

By Frank

9 November 2024 5 min read

💳 Neteller Review

Neteller is a digital money transfer service used for transactions to and from merchants, including online casinos, social networks, and forex trading firms. The cashier channel can also withdraw funds directly from bank accounts using the Net+ card. Neteller first popped up in Canada in 1999 and later moved to the Isle of Man in 2004. The platform began processing payments for online casinos in July 2000. Before long, Neteller was processing transactions for 85% of all global gambling merchants, which accounted for 95% of its income. However, it did take a hit when UIGEA came into US law in 2006, restricting users from withdrawing gambling funds. Neteller quickly sought to diversify its services to serve other thriving markets like Europe, Asia, New Zealand, and Australia.

Neteller currently operates under Paysafe Group, the same company that owns Skrill. The payment method continues to dominate as one of the most provided in online casinos and is used for both deposits and withdrawals. The transactions can be completed in 26 major currencies, including EUR, USD, NZD, AUD, and CAD.

👍 How Neteller Works

Money in a Neteller account can be used to pay merchants, in this case, online casinos. The funds can also be transferred to other accounts on the platform. Users can also deposit into Neteller accounts from merchants that support Neteller, such as gambling winnings, video game trading proceeds, and insurance payouts. The deposited funds can be cashed out through Bank Transfer, Member Wire, cheque, Visa, Money Transfer, Mastercard, and Skrill.

The use of Neteller goes beyond online gambling and can be in retail stores that accept Mastercard thanks to the Neteller prepaid card. This service launched in 2003 as Neteller Card but rebranded to Net+ in 2008. It functions as a virtual card, so it cannot withdraw from ATMs. The company offers prepaid Mastercard debit cards and merchant-brandable card programs. However, unlike ordinary cards, it generates a different virtual card number for each transaction, limiting some forms of fraud.

Another advantage of Neteller is the provision of premium membership. Neteller makes users that transact $15,000 or more every quarterly period VIP members. Once the minimum criterion is met, the account automatically changes to Neteller VIP. The benefits that come with joining this club are;

Priority bank deposits and higher transaction limits both online and offline
Ability to use more than one currency on the account
Free Net+ Prepaid Mastercard
24/7 help desk with a dedicated personal manager
Reduced fees on transactions

💻 Opening an Account with Neteller

Registering with Neteller can be done online through the downloadable app or browser. The procedure unfolds the same on both versions, and it goes as follows:

Click on ‘Join for Free’ after launching the app or website
Select the ‘Personal Account’ option, which ensures payments and account management is in your name (a requirement by all top New Zealand casinos)
Provide your name, country of residence, and preferred currency
Enter the email address and password to use for future logins
Confirm your billing address (city and postal code), phone number, date of birth, and nationality

Neteller is open to explore after finishing the first three steps. However, payments can only be made and received once the fourth step is complete.

🪙 Depositing with Neteller

Before using Neteller to deposit into a casino account, ensure it is funded. Gambling money can be cashed into the digital wallet through various channels, each one with its unique procedure. Here is the process to follow for some of them:

Mode of Deposit	Procedure
Credit/debit card	1. Select credit/debit card from the ‘Money In’ section 2. Click on ‘Add a Card’ 3. Enter the card details, including its number, expiry date, and CVV code 4. Key in the amount to deposit 5. Review and confirm the entered info
Paysafecard	1. Choose Paysafecard under ‘Money In’ 2. Enter the amount to deposit 3. Review the displayed transaction summary 4. Click on ‘Go to Paysafecard’ 5. Complete the payment on the redirected screen
Bank Transfer	1. Select ‘Deposit Now’ under Bank Transfer 2. The Neteller bank account number, bank name, SWIFT, and other bank details will be displayed on the screen (one or more bank accounts can be availed to choose from) 3. Note the details and the attached reference number 4. Complete the payment from your local bank branch or online banking

Once your Neteller is loaded, single out an ideal casino that accepts the payment method and create an account. Locate the cashier section, choose Neteller as the deposit option, and enter your email and password. No redirect is necessary for this banking channel. Finally, enter the amount to deposit and confirm the transaction.

🧾 Withdrawing with Neteller

Cashing out from a casino using Neteller happens in the same cashier section used for deposits. All that is required is;

Choosing Neteller as the desired withdrawal method
Enter the amount to cash out
Confirm the entered information and wait for the casino to verify the transaction

Neteller also makes the withdrawal process from member accounts unique depending on the platform receiving the funds. The different procedures can be explored once the desired method is selected.

💲 Transaction Speeds with Neteller

Since Neteller is an e-wallet, deposits and withdrawals transacted with casinos are processed instantly. However, each gambling den has its own processing period lasting 12 to 72 hours. Once the funds in the digital wallet are transferred to another platform, they take this long to be processed:

Service	Processing Time
Skrill	Instant
Bank Transfer	1 – 5 business days
Mobile wallet	Instant
Crypto wallet	0 – 24 hours
Mastercard	Up to 3 business days
Visa	Up to 3 business days

Fees

Neteller charges a 2.5% fee when funding your account using any listed channels. However, no charges apply when transferring to merchant sites like online casinos. Withdrawing from a casino account to your Neteller account is also free. Fees apply when cashing out of your Neteller account to another platform, and the charges are as follows:

Payment Method	Fee
Merchant sites (casinos)	0%
Bank Transfer	$10
Mastercard	0 – 7.5%
Member Wire	$12.75
Skrill	3.49%
Money Transfer	2.99% (minimum fee is $0.50)
Visa	0 – 7.5%

✔️ Upsides of Neteller

As a Neteller user, aspects about the payment method you stand to benefit from include;

Instant casino deposit and withdrawals
Supported in nearly all New Zealand casinos
Processed payments from popular payment methods like Visa, Skrill, and Mastercard
SSL encryption security verified by Verisign

❌ Downsides of Neteller

While it is practical for gambling purposes, Neteller has some downsides to consider before using it, such as;

Most casinos limit their use in claiming bonuses and promotions
Withdrawing from Neteller can cost up to 7.5% of the transacted funds

Frequently Asked Questions

Can I use Neteller in online casinos?: Yes, you can. Almost all reliable New Zealand gambling dens include Neteller as a deposit and withdrawal option. Such gaming sites include BitStarz, King Billy, Slottica, Kahuna, Goodman, Spin Samurai, Betsafe, and Slot Hunter Casinos.
How do I deposit into my Neteller account?: Under the ‘Money In’ section, select the preferred cashier channel to fund your Neteller account, including Visa, Skrill, Mastercard, Maestro, Bank Transfer, Paysafecard, Trustly, and GiroPay. Beyond this point, the procedure is unique depending on the selected banking method.
What are the applied charges when transacting with Neteller?: Neteller applies a standard 2.5% fee on all deposits despite the cashier channel used. In the case of withdrawals, merchant sites like online casinos are the only ones with a 0% fee. Visa, Mastercard, and Skrill charge 7.5%, 7.5%, and 3.49%, respectively. Bank Transfers cost USD10, and member wire costs USD12.75. Finally, Money Transfer applies a 2.99% fee of at least USD 0.50.
Is Neteller secure?: Yes, it is. Neteller has stringent security measures in place, including SSL encryption protocol to keep account activity under wraps. Also, logging into Neteller requires verification each time to avoid unauthorized third-party access.
Is Neteller available in an app version?: Neteller does come in an app version that can be installed from the Google Play Store or Apple Store. Regardless, the provided services maintain their reliability.
How do I verify my Neteller account?: Before any transactions can be processed, Neteller requires users to verify their accounts by providing a clear, valid, and legible colour copy of a driving license (front and back), passport photo page, and government-issued ID (front and back). Address verification is also necessary, as well as a selfie. Only after the documents are reviewed and approved can transactions occur or limits be increased.

Final Remarks on Neteller

Neteller is an all-encompassing payment method with plenty of things to love. The fact that it is marketed for the betting market means it specifically targets gamblers’ needs, but it does not lock out money transfers to and from other online merchants. While the application of fees in all instances is not entirely ideal, the fixed 2.5% fee on all deposits falls within the range of affordability. The rates paid for withdrawals are also alright, depending on the cashier channel being used. Neteller is open to use on browsers or as an app downloadable on the Apple Store and Google Play Store.