Neteller

General Information

General Information

NETELLER is an e-wallet available in over 180 countries that clients can use for online money transactions. We strongly recommend that you open a Neteller account to transfer money to Asian sportsbooks. It is the best payment option for a number of reasons.

Sports betting, casinos, and poker communities, favor this form of payment. One can easily use Neteller to fund an account. It also covers a wide range of businesses and industries and processes transactions worth billions of dollars every year. The trademark and logo are the property of Optimal Payments Limited, established in 1999 and based in Canada. In 2004 it transferred to the Isle of Man. NETELLER is now registered with the Financial Services Authority (FSA) of the British government and is subject to its strict regulations and laws.

The fact that a great number of online establishments prefer its services, displays its efficiency. Any gamer would have to undergo difficult and long processes to fund accounts, if NETELLER did not make it simple and easy to deposit and withdraw from locations where the traditional means do not work.

Major Services

Send/receive money

Net+ MasterCard

Payments to merchants

Transactions in any major currency (and many minor ones)

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24/7 customer support in 13 languages

Deposit / Withdrawal
Options

There are 33 ways to deposit money to an account. Some of them are: MasterCard, Maestro, Visa, Visa Electron, Visa Debit, UKash, International Bank Transfer, CashU and DineroMail. Several are cost-free, however,  some could charge a fee of as much as 7.5%. It is usually less expensive to deposit through merchant sites or local banks, however, debit/credit cards could be relatively cheap, too.
 
NETELLER is a gambling friendly e-wallet that each trustworthy betting agent works with.
There are another 7 different was to process withdrawals, that charge varying fees: Bank Transfer (€7.5), Bank Draft (€7.5 – €25), Check (€7.5), Merchant Site (free of charge), Member Wire (€10.5), Money Transfer (free of charge) and Net+ Prepaid MasterCard (€0 – €4).

Net + Prepaid Mastercard

The NETELLER pre-paid card appeared on the market in 2003, to receive an upgrade to Net+ MasterCard in 2008. There is no application, monthly or dormancy fees, making it a convenient debit card. In order to increase the customer’s security, the Chip and PIN technologies are applied. Millions of ATM terminals worldwide accept MasterCards, making the number of withdrawal options or Point of Sale (POS) purchase opportunities simply enormous.
 
The wallet supports 8 different currencies: £, $, €, ¥, CAD, DKK, SEK, AUD. A flat 2.95% currency exchange fees applies to any conversion, along with any ATM charges per withdrawal related to the currency. However, no Point of Sale purchase implies any fees. Net+ is available in 94 countries, with the notable absence of the USA, where NETELLER earned considerable revenues until 2006. It is the year that new legislation prohibited it from operating in the country.

NETELLER’s VIP program intends to help and protect those customers who become club members. It does so by transferring substantial sums of money per year. You can find out way more hard facts if you check our Neteller review at the best betting agent. Clients can achieve five VIP levels, according to the following thresholds:

Bronze

It can be reached by transferring $10,000 to $50,000 to merchants per year. The benefits are VIP Fraud Guarantee, VIP Chat, 1,000 Anniversary Reward points, 1 reward point earned per $1 and a foreign exchange fee of 2.95%.

Silver.

It requires a transfer of $50,000 to $100,000 to merchants per year and besides VIP Fraud Guarantee and VIP Chat, it also provides for multiple currency accounts and flexible transaction limits. There are 5,000 Anniversary Reward points, the reward point rate is the same as for bronze and the FX fee is set at 2.25%.

Gold.

This status involves a $100,000 to $500,000 transfer requirement and comprises all the benefits of silver plus a dedicated VIP manager, discounted deposits/withdrawals and a guaranteed limit increase. The foreign exchange fee is 1.50% and there are 10,000 anniversary Reward points.

Platinum

(reachable by a $500,000 to $2,000,000 transferred per year) offers the same benefits as gold augmented by next day payouts and 0.25% cash-back earned. While the FX fee is the same as for gold, the reward points rate is improved to 1.25 per $1 and the Anniversary Reward points are doubled to 20,000.

Diamond.

This is the highest VIP level that can be achieved (by transferring at least $2,000,000 to merchants per year) and it offers improved benefits when compared to platinum: cash-back earned represents 0.50%, the Anniversary Reward points are increased to 50,000, 1.50 reward points are earned per $1 and the FX fee is 1.25%.

Signing Up

Setting up an account is an easy process involving three steps:

Getting Started,


by typing in one’s e-mail address, country of residence and preferred currency (from 19 available)

Details,

which include the individual’s full name and address together with at least one telephone number. The gender and birth date of the customer are also necessary for the database, along with a password and three different security questions and answers.

Confirmation,

where two identification numbers – a 12-digit Account ID along with a 6-digit Secure ID – are confirmed as having been sent to the client.

Safety Questions

NETELLER is one of the safest and most reliable online payment systems in the world – it employs a powerful 128-bit SSL technology, the same type that banks use for their operations on the Internet. That provides for improved customer privacy protection – fraud is additionally precluded by the set limit of one account per individual. The company can also claim to be highly secure as it possesses the status of Authorized Electronic Money Institution regulated by the British Financial Services Authority (FSA).

Affiliates

The affiliate program guarantees customers improved conversion rates and competitive commissions, owing to NETELLER’s eWallet and Net+ Prepaid MasterCard. The e-Wallet can even be employed to pay one’s affiliates and receive payouts from merchants.