NETELLER 101

What is NETELLER

NETELLER is the online gambler's wallet of choice. An undisputable dominant among the payment methods in the industry, NETELLER is a product of Paysafe Group, together with Skrill. It was the company behind NETELLER that obtained Skrill back in 2015 to form today's Paysafe. Similar to Skrill, NETELLER is also a niche product concentrated on transactions to betting websites, casinos and poker rooms, gaming sites, as well as fintech operators such as Forex or binary companies.

Unlike Skrill, NETELLER is less about diversifying in different payment services and more about the "core" functionalities - sending money to your favorite gaming sites, as well as sending money to your friends and family.

Sending money with NETELLER

With NETELLER, you can send money to friends and family any time you need to. You only need their email address to initiate the transaction. Even if they do not currenlty hold a NETELLER wallet, they will be able to receive the money as long as they register with the email address within 14 days.

Net+ Prepaid Mastercard

Depending on your country of residence, you might be able to order the Net+ Prepaid card, issued by Mastercard. This will allow you to make purchases both online and at stores, as well as to withdraw on ATMs. Even if you travel abroad, the Net+ card can still be used at any given ATM. Find out more about how to make the most of your Net+ Card in this article.

Crypto

Finally, NETELLER allows for crypto trading. Currently, you can trade 28 different currencies against Bitcoin, Bitcoin Cash, EOS, Ether, Ethereum Classic, Litecoin, XLM, XRP and 0x. Find out more about crypto here.

Pros

Here's what you'll love about NETELLER.

• NETELLER is the de-facto gambling wallet – They have all the merchants you need to ensure you can get a good gamble anytime you need.
• Security – two-factor authentication and PINs are all there to keep your account safe. As long as you stick to the account maintenance "hygiene" rules that NETELLER recommends, you will be all good.
• VIP program like no other – the NETELLER VIP program is really top-notch. Additionally to the perks available in Skrill, NETELLER has its own benefits for VIP members. Many are not widely advertised and offered only upon reaching certain thresholds.
• Similar to Skrill, NETELLER is also FCA-regulated. Thus, NETELLER users are protected by the regulator. For any disputes, you can submit a complaint to NETELLER first but seek out further support by FCA, if needed.

Cons

• Rather small choice of wallet currencies - NETELLER offers 28 currencies, compared to a much bigger choice of 43 in Skrill. Additionally, Skrill offers the "Multi-currency" account feature, while this is not present in NETELLLER.
• Less product features - As already stated, NETELLER is less about new developments and additional features, but more about the good-old gambling experience. Tech-savvy product pioneers would better look into Skrill. For the rest of us, NETELLER is the go-to wallet.

Supported languages and currencies