Neteller is an online payment system and e-wallet that allows users to send and receive money securely over the internet. It was founded in 1999 and is operated by the Paysafe Group, a global provider of online payment solutions.
Neteller enables individuals and businesses to make transactions and transfer funds electronically. Users can create a Neteller account and link it to their bank accounts or credit/debit cards, allowing them to deposit money into their Neteller wallet. Once the funds are available in their Neteller account, users can use the funds to make online purchases, send money to other Neteller users, or transfer funds to merchants.
One of the key features of Neteller is its widespread acceptance in the online gambling and gaming industry. Many online casinos, poker sites, and sports betting platforms accept Neteller as a payment method, providing users with a convenient and secure way to fund their gambling accounts.
Neteller offers additional services such as prepaid cards, which allow users to withdraw funds from their Neteller account at ATMs or use them for purchases at locations that accept Mastercard. They also provide a VIP program that offers benefits like lower fees, higher transaction limits, and dedicated customer support to high-volume users.
It’s important to note that Neteller availability may vary by country, and certain fees and restrictions may apply depending on the type of transactions and the user’s location.