Neteller Bingo Sites

What is Neteller?

Neteller is a well-known eWallet used by many online bingo sites. The most famous e-wallet is PayPal, although you may never have heard PayPal referred to as an e-wallet. Neteller boasts over two decades of experience offering payment services in the gambling industry. The operator has established itself as an eWallet of the highest standard and one you can trust to handle your money safely.

They launched the company in 1999 in Canada but later moved to The Isle of Man in 2004. Initially, it was mainly used for trading and social network companies. However, it has since established itself as the eWallet of choice for various online transactions, including gambling.

Why Use Neteller

First of all, Neteller is an eWallet which means that it is an online secure payments account where you can store money, make deposits and receive payouts. You will have to create a Neteller account and fund it to get started. You can fund your Neteller account by transferring cash directly from your bank account or debit card payments.

Once you have money in your Neteller account, you can log in to your favourite Neteller bingo site and go to the cashier’s section to make deposits. While there, the bingo site will redirect you to the Neteller website for you to verify your username and password. You will also confirm the amount you want to deposit. After making the confirmation, your bingo site account balance is updated immediately.

Withdrawing from a bingo site to Neteller works in the same way but in reverse order. Log in to your bingo site player account to start the payout process, go to the cashier section, and request a withdrawal. Choose the amount you wish to withdraw and click the “submit” button. This action will transfer money from your bingo site account to your Neteller account. The transfer takes place instantaneously.

You can now withdraw the money from your Neteller account to your bank account or send it to another bingo site. If you have the Net+ card, you can use it to make purchases in stores that accept Mastercard payments.

Note that Neteller sends out Net+ cards once you deposit funds to your account for the first time. You can use the card like normal debit cards with a withdrawal restrictions limit of 500 USD each day.

Signing Up For A Neteller Account

To use Neteller, you have to open a Neteller account, but you will be glad to know it’s a straightforward process that is also free. You can withdraw or deposit money to your Neteller eWallet from your bank account and then use your Neteller account to deposit into your online bingo account.

The account creation process is straightforward and takes a few minutes. Follow these steps to create an account:

• Visit Neteller.com and click the “Join for free” button.
• Provide your personal details like name, address, email address, and birth date.
• Select your currency, then click “Open Account.” Use the “Money In” section to load funds to your account.

As you can see, using Neteller is a walk in the park. It’s no wonder the payment method is used by so among bingo site players.

How Do Deposits Work At Neteller Bingo Sites?

Once your Neteller user account is ready, use the following procedure to deposit money to your favourite bingo site:

• Register a user account on the Neteller bingo site.
• Visit the cashier section from the lobby.
• Select Neteller as your new payment method.
• Provide your Neteller Account ID and Secure ID to proceed.
• Select the amount you wish to deposit and click to confirm your payment.

This primary Neteller payment method lets you send money directly to your preferred bingo sites. You don’t need to locate your credit card or enter banking information with this method.

How Secure is Neteller?

Neteller is considered one of the safest eWallets available for users of bingo sites. The operator uses several fraud prevention measures to ensure users’ safety when wagering on bingo sites.

Some security features and measures include:

• It encrypts all sensitive data.
• It makes backups regularly to ensure transaction history remains safe.
• It has security agents monitoring accounts 24/7.
• It uses highly secure data centres to store user data.

Why is Neteller Popular with Bingo Players?

Many players on bingo sites prefer using Neteller as a payment method for various reasons. Here are some reasons and advantages Neteller is famous among bingo site players.

Neteller Keeps User Information Private

Many players would love to keep their identity and other sensitive data away from third parties. Neteller allows users to make financial transactions with online bingo sites without revealing unnecessary details. You only need an Account ID and a Secure ID to transact. If you want an alternative payment provider that also offers secure payment methods, you may want to consider PaySafeCard, part of the same group of companies.

Neteller Has Airtight Security

Neteller encrypts all sensitive member details using a 128-bit system. This is regarded as the industry’s best technology, meaning that it encodes member details to prevent unauthorised access.

They also have many fraud prevention methods to stop the unauthorised use of your Neteller account. You can enable two-step authentication, which works with Google authenticator, an app used to generate single-use passwords. Besides supplying your username and password, you input the code generated on your smartphone.

Payments Are Fast

Depositing and withdrawing using Neteller on bingo sites usually is quick. You can receive your winnings within a day.

It Is Very Convenient

You don’t have to remember your bank account numbers or credit card numbers. All you need is your login credentials whenever you want to deposit.

Using Neteller on your Mobile

Playing bingo on your mobile is now one of the most common ways to play this much-loved game. Gone are the days when you had to visit a bingo hall to play, so it makes sense that if mobile bingo sites are popular, payment providers would also allow you to pay for stuff on their mobile.

You can access Neteller on your mobile device via the mobile-friendly site or downloadable app. As well as making payments and withdrawals using your mobile phone, you can also check your Neteller deposit balance before playing your favourite bingo game. This way, you will know the funds are there to make a deposit to play real money bingo.

A Neteller App for Android and iOS users are available in the respective stores.

With the app, you can send or receive money or make online payments on the go. In short, you can access all the services available on Neteller.com from the app.

If you installed the app, it would work with the security features built into your phone, like a fingerprint reader or facial recognition technology like Face ID.

Other Neteller Services

If you open an account with Neteller, it’s not just the online bingo deposits you use your account for. You can also make use of the following services as a Neteller customer:

Money Transfer Services

You can easily send and receive money from anywhere worldwide with Neteller to anyone else who has a Neteller account. This system is fast and secure because it does not need you to share your banking details.

Neteller and MasterCard Prepaid Cards

Neteller allows you to apply for a debit card. If your application is approved, you will get a debit card that you can use to deposit funds at a bingo website that accepts Neteller payments.

The Mastercard Prepaid card can be used online, but you can also visit your favourite high street shop and make payments using the card, just as you would any other kind of debit card.

You can only spend what’s in your Neteller account, so getting into debt using this payment method is impossible.

They also provide you with a virtual card that you can use to make payments online.

Claiming A Bingo Bonus Using Neteller

Not all bingo bonuses are available if you opt to use services like Neteller and Skrill to make your initial deposit. For example, there may be a great bonus spins offer or free bingo ticket promotion that you would like to claim, but you may not qualify if you deposit for the first time using Neteller.

So if deciding to make a Neteller deposit make sure you read the terms and conditions. All of the sites on this page allow you to claim the welcome bonus if you signup and pay with Neteller. So it’s free bingo tickets you are after or bonus spins on the slot game Fluffy Favourites. You can be confident that if the 1st deposit uses Neteller, there won’t be any issues using the bingo games bonus or slots promotion.

What Restrictions Are There On Neteller?

Players using Neteller must also operate within certain set restrictions. These restrictions are not unrealistic but ensure that the bingo website operates within industry regulations.

Some restrictions include:

• Neteller restricts credit card deposits at £1,800
• Users can transact between £3500 and £3500. The amount depends on your account status.
• Silver VIP clients or higher can transact £10,000 per transaction.
• Deposits into your Neteller account attract a fee of 2.5% if they are less than £15000.

To summarise the rules above, the withdrawal restrictions limit depends on the payment method you are using, your VIP status, currency, and account status.

Are There Charges For Using Neteller?

The major downside to Neteller is the charges associated with using the card.

You should note that you may incur charges for using Neteller at your favourite bingo site, but this is unusual to see this.

There is a 2.5% for depositing into your Neteller account, and there is a fee of £10 for withdrawing from Neteller into your bank account.

Withdrawal Times with Neteller

Since Neteller is an eWallet, it takes the shortest time possible for funds to reach your account. However, withdrawal times also depend on other issues. For example, how soon the money hits your account depends on how quickly your favourite bingo site processes your withdrawal request.

Depending on the bingo site you are using, you can instruct them to transfer your winnings directly to your Neteller account and then withdraw.

Neteller Pros

• Users don’t have to share their financial information.
• The payment method encrypts user confidential information like bank details, passwords, and personal information using a 128-bit system.
• Withdrawals using Neteller are usually faster.
• It is convenient as users don’t have to memorise card numbers.
• Users can also benefit from lower transaction fees and increased limits.

Neteller Cons

• Withdrawing from Neteller to your bank account might take some time.
• You will incur some charges to deposit and withdraw from your Neteller account.

FAQs

How Long Does It Take for Money to Reflect in My Bingo Account?

Neteller offers its users an instant deposit method called the InstaCash service. The service uses your debit card or Neteller account balance. If you transfer money from a regular bank account, it will take several days before it reflects in your Neteller account. The transfer happens instantaneously when you move funds from your Neteller account to your preferred bingo site.

Do Neteller Charge Users for Using Its Services?

You can use Neteller to deposit or withdraw at your preferred bingo sites for free. But, you will incur a 2.5% fee when you deposit money into your Neteller account. The operator also charges its users $10 to withdraw cash to their bank account regardless of the amount transferred.

Is the Money in Your Neteller Account Safe?

The Financial Conduct Authority (FCA) regulates Neteller’s operations. This is the same regulator that monitors top UK banks such as Barclays, Santander, and NatWest.

Furthermore, all the users’ funds are kept in “trust accounts”, meaning it separates your money from operating expenses. This system ensures that you can access your money anytime you need it.

How Can You Make a Withdrawal Using Your Neteller Account?

Withdrawing funds from your preferred bingo site using Neteller is a straightforward process. Visit the cashier section of the bingo site and make a withdrawal request using your Neteller account. Individual bingo sites charge members a withdrawal fee.

Therefore, players must go through the fine print to find out more about the charges. They must also find out about minimum and maximum limits regarding withdrawal restrictions. Some bingo sites will only allow you to withdraw using Neteller if you used the method while depositing.

How Easy Is It to Get the Money in Your Neteller Account?

Neteller account holders can easily access the funds in their accounts as it offers them various ways to access cash. You can choose from among the following options:

• Neteller ATM card.
• Electronic Funds Transfer (EFT).
• Bank Wire.
• Check.

Final Thoughts on Neteller

Neteller is a safe and convenient way for bingo site players to make financial transactions. Most players love the fact that they don’t have to share their confidential information when making payments. Furthermore, they also don’t have to memorise debit card numbers, making them easy to use. If you have read this review line by line to this point, you know these great attributes make Neteller very popular among bingo sites players.

We have also mentioned that a bingo site that accepts Neteller as a payment method should not be all you are after. There is comprehensive coverage of how we review bingo sites to help you select the best. The review has also elaborated on how the Neteller payment method works, so you won’t have a problem using it. Besides, it is essential to note that although you will incur a small fee for Neteller’s services, it will be worth your while. In short, the benefits outweigh the costs. You are now ready to go to one of the recommended Neteller bingo sites and enjoy your gaming experience.