Neteller is a payment method that allows you to make your money transactions safely, quickly, and easily at online casinos in India. Neteller acts as an intermediary between the player and the online casino.Through Neteller, players find a way to fund their accounts at a low cost, with high processing speed, and with many benefits. In the following, we will provide you with the necessary information related to the specified payment method.
Meet Neteller
Neteller was founded in 1999 as a major competitor to PayPal, which was the main provider of online transactions. Neteller was processing 85% of transactions in the US and worldwide in a very short time. Players from Europe, South America, Asia, Oceania, Africa, and especially India use Neteller to transfer money between casino accounts.
The best Neteller casinos in India are 10 Cric, Pure, Jackpot City, Yeti, and 888 Casino. The listed casinos are licensed and offer you fair games and great potential for winnings.Banks that do business with Neteller in India are: Kotak Bank, SIBI Bank, HDFC Bank, ICICI Bank, Axis Bank
How to set up your account?
Setting up an account in one of the Neteller Casinos is a quick process. You must familiarize yourself with the terms and conditions before making any application. If you have any doubts or questions, you can contact the support team at any time. If the support team does not have enough information regarding payment and withdrawal terms please move to another location.
Registration
When registering, you provide information: name, country of residence, currency, and password. After entering, it is necessary to check whether the data is correct.
Verification
By selecting the “Verification” option, you enter the necessary details and complete the verification procedures. During this phase, Neteller may ask you for documents confirming your identity and residential address. To confirm your identity, you need to provide a copy of your identification document (identity card, passport, etc.).
You confirm the address by submitting a document indicating your residential address. It can be a phone bill, a utility bill, an electricity bill, and the like. It is important to point out that these documents cannot be older than 3 months. Depositing funds to your account is also one of the requirements for account verification, where following the casino’s instructions you can complete this process.
Deposit
With the money you deposit in your Neteller account, you can make a payment in an online casino. When you log in to your account, you will see a section related to banking, where you will be able to follow the instructions for making a deposit. By choosing Neteller as your preferred payment method, and entering your password and email address, the funds will be deposited into your account very quickly.
Withdrawal
If you have made a profit or want to withdraw your money back to your Neteller account, the procedure for this procedure in India is specified to use the same procedure that you used for depositing. The withdrawal process is simple, however, if you have not completed the verification process on the casino’s side, or if you do not have the minimum required balance, you will not be able to cash out your winnings. If you think there is an error, you can always contact the user team for further help and problem-solving.
Transaction fees
Most Neteller online casinos in India process deposits free of charge, while cash-winning transactions are subject to a small processing fee, which each casino states in its terms and conditions.
The advantage of using Neteller in online casinos
Application for mobile devices
You can make a fast and safe transaction if you download the Neteller mobile application. A significant advantage of this application is that when making a transaction, you do not have to enter your email address and password, but use your Facial ID.
NetCard
With a Neteller account, you can apply for a special “NetCard” card. You need to pay a fee and indicate your address and within a month you can get this card. With this card, you can play and use funds deposited into your Neteller account, without withdrawing money from your bank account
Indian Rupee as the desired currency
You can make a selection of the Indian Rupee, for your desired currency and log in to a site that supports this currency. This way, you deposit, play, and withdraw money in rupees, which means that your account will not incur currency conversion fees when moving funds.
OTP protected transactions
You can ensure an additional level of security for your transactions if you activate one-time password protection services.
Disadvantages
- In some online casinos for processing all transactions through Neteller you will have a small commission
- The disadvantage of using Neteller in some online casinos is that you do not get bonuses and additional promotions when you make a deposit
Conclusion
Neteller is one of the safest ways to transfer money to and from your casino account. Withdrawals processed through Neteller are much faster than credit card and bank transfer transactions. Using Neteller with online casinos is secure, and most importantly the need to provide sensitive information is eliminated. To protect customer information, Neteller uses the most modern technologies, and rigorous identity controls exclude any fraud.
