NETeller Banking

When it comes to online gaming and banking, then Paysafe Group is undoubtedly the leader. It comprises of brands that include paysafecard, Skrill and Neteller. Although the difference between the last two is minor, they operate independently and have their own privileges. Below are some of the most important facts to keep in mind when using Neteller as a customer. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.


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NETeller

How It Works?

Neteller is a web-wallet. You can pay and transfer money online, or do so using Net+ Prepaid Mastercard, at accepted sites, stores or ATMs around the world. For mobile checkout, the company has a product called NETELLERgo!, which is just as flexible and easy to use as on desktop.

First, you have to own a Neteller account, which can be created for free and with little fuss. Just like PayPal, all you need to do to pay for goods or services is use the same email address and password which you sign up with. Since this is a prepaid e-wallet, you do have to have the actual funds on your account, regardless whether you have any linked bank cards or not.

Speaking of account funding, Neteller accepts a large variety of methods, including major credit card companies, banks, other e-wallets and even Bitcoin.

When it comes to money transfers, Neteller members can send and receive funds even if they don’t have a Neteller account. All you need to know is the recipient’s email address. They can then use the same email to sign up and use the funds as they like.

Security

Neteller claims that their payment methods are 100% risk free. They use numerous advanced fraud protection methods to reduce chargebacks and keep their members’ funds safe and secure at all times. A more detailed overview is available on the official site.

As mentioned above, Neteller also issues plastic and virtual Prepaid MasterCards, which thanks to their pre-paid functionality could be used with more peace of mind than regular credit cards.

Banking

Overall, Neteller has one of the most competitive fees on the market. Depending on the method you choose to top-up your account, fees can vary from 0% to 8% per transaction. Withdrawals are not an exception. Note that payments on merchant sites, in shops, restaurants and online are free of charge, from Neteller’s end. However, foreign exchange, as well as shipping and handling come at an extra charge.

Since Neteller also has a VIP program, which is based on user’s activity and the volume of merchant payments, both fees and services are subject to change.

Summary

Neteller is a Paysafe Group owned company that offers one of the most convenient and affordable online payment options. It has easy banking solutions for both the end user and merchants, and issues prepaid MasterCards that can be used globally as a complement.

Click to visit NETeller official website.

Posted by CCJ Team