Neteller opened their doors in 1999 and is owned by Paysafe Financial Services Limited. Neteller is a digital wallet, also called e-wallet where you can keep your money and then use it safely.
Neteller is a recognized payment option on many online services and is common in iGaming. Neteller manages your payments for online services and you can easily transfer money to friends who also have an account with Neteller. It goes immediate and is easy thanks to their app. Security is high when you accept the transaction directly on your mobile and never share your card details.
In the Neteller app, you enter your card details and easily transfer money to your Neteller account. To use the account, simply enter your account name and the amount you want to transfer, and then agree to the transaction in the app. This without your card details being disclosed in any way, they are located encrypted in Neteller’s system.
If you play on several different iGaming sites like casinos and betting sites, it’s easy to use Neteller because you don’t have to spread your card details at multiple operators. Neteller offers you a secure solution where you can quickly and efficiently transfer money without worrying that someone could take your card details.
You can also get a prepaid credit card called PrePaid Mastercard which is linked directly to your account. Then your Pre Paid Mastercard becomes just like a regular card and when you trade, the money is withdrawn from the account.
In the Neteller app you will be told what you have been trading and you have full control of your history. These features you may not have on your regular credit card as some of the banks or institutions do not offer similar services. For this reason, suppliers like Neteller have taken a large part of the market in this segment.