NETeller is one of the premier Web wallets available. Known for secure transactions, convenient customer service, and flexibility as a payment processor, NETeller is available for online financial transactions worldwide. About the only thing that NETeller will not do is conduct transactions with online casinos for US residents. They pulled out of that segment of the online gaming market after the passage of the Unlawful Internet Gambling Enforcement Act in 2006; like many folks connected to the online gaming world, they’re watching the courts and Congress carefully to see if the Act is overturned or replaced by regulatory legislation.
In the meantime, NETeller is available as a payment option for online Poker and Casino players worldwide, outside of the US/Canada. In order to use this option, you’ll need to first open up an account.
Opening a NETeller account is a simple process. Go through the 3-step registration process, making sure to enter your name, address, email, etc, accurately and completely; NETeller may need to request verification documents via fax, and everything will have to match what you enter online. During the registration process, you can choose from a dozen major world currencies, including Pounds sterling, Euros, and US dollars. Once your account is open, you simply transfer money to it directly from you bank account or credit card, and you’re ready to go.
NETeller is no longer used as a deposit or withdrawal method for US players. HoweverNETeller accounts can be used with a wide variety of online merchants; they are not restricted to online casinos. Basic accounts are free of charge; the only common fee is a $2 processing fee when you withdraw your funds by cheque. Funds can be deposited to NETeller accounts in a number of ways; you can make direct deposits from your bank, receive wire transfers or cheques from third parties, or make deposits via credit card. You can withdraw your funds by direct transfer to your bank, or by cheque via postal mail.
A NETeller account, at its heart, is a secure transfer system. You can use it to move money safely from one account to another. NETeller uses a strong security encryption to protect your finances and your personal information. In addition, personal information that you send to NETeller is never shared with any other party. All of this makes NETeller a safe, discreet choice for online financial transactions, in or out of Internet casinos.
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NETeller is no longer used as a deposit or withdrawal method for US players. However US players can fund their online casino accounts using these third party alternative methods: UseMyWallet, QuickCash and Bank Wire.