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Alongside Skrill, the other major casino e-wallet (also Paysafe group). Fast payments, similar fees and the same bonus exclusions.
Neteller is an e-wallet in the same Paysafe group as Skrill and with an equally long history in the gambling sector. Its operation is identical: you load the wallet with money, pay at casinos instantly and receive withdrawals often within minutes.
The choice between Skrill and Neteller is mainly a matter of taste — the fee structures and casino support are similar and both are often excluded from welcome bonuses. Neteller’s distinction has been the Net+ prepaid card, with which the wallet balance can be used in a shop or at an ATM.
In an e-wallet you have a separate account: you load money into it from your bank or card and pay the casino from there. The casino sees the wallet details, not your card or bank account. This adds one step: the money has to reach the wallet first. Loading the wallet may carry a fee, and that has to be counted. Example (the fee is illustrative): with a 2% fee, a 100 € top-up delivers 98 € to the casino, which may fall below an offer's minimum deposit. Always check the current fees in Neteller's fee table, not on assumption. A similar wallet is also described under Skrill.
Neteller operates as an e-money institution and usually requires identity verification before all limits apply; e-money institutions are regulated by the EU e-money directive. The casino in turn requires that the name on the wallet and the casino account match (KYC). The withdrawal usually goes to the same wallet the money came in through. If you use another wallet or an account under a different name, the withdrawal gets delayed. Background on the wallet is in the Wikipedia article.
You will find a selection of casinos that support Neteller on the Neteller casinos page, in the pangakasiinod.ee view Neteller casinos and in the payout view on the kiiredvaljamaksed.ee page.
See also: Neteller casinos, e-wallet. Source: Wikipedia.
Example: you use Neteller to move between several casinos — deposits are instant, and winnings gather in one wallet from which you can spend them with a Net+ card even in a shop.
Register with Neteller and complete identity verification.
A bank transfer or card fills the wallet.
Select Neteller at the cashier and confirm — the money moves at once.
Withdrawals reach the wallet quickly; then to a bank or a Net+ card.
There’s little substantive difference: the same owner, similar fees and speed. Choose the one whose fee structure better fits your usage pattern, or simply the more familiar service.
Often not — like Skrill, Neteller is excluded from the bonus at many casinos. Check the bonus terms before depositing.