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What is Neteller?

By using Neteller UK bingo players can move money easily and quickly from their bank account or debit card into their online bingo account. There is no need for personal information or bank account access to be given to Neteller bingo sites.

Neteller is a well-known e-wallet service that has become one of the most popular bingo payment methods for many players. For those of you interested in a safe and secure way to fund your bingo account, keep reading because we’ll explain how it all works.

How does Neteller work and what does it offer?

We’ve already mentioned there are plenty of new bingo sites that accept Neteller, so let’s continue with more in depth information, so you can weigh up the benefits of the service.

The first step is to visit www.neteller.com and register for an account. The account will then need to be verified, much the same as PayPal. You will be guided by instructions every step of the way, but basically it involves receiving a few pennies into your bank account and verifying how much was received. It does take a couple of days, which can be a bit of a pain, but apart from that the whole process is very easy.

Once you’ve registered for an account there are a few options to choose from:

• Neteller eWallet – This is an online account much like PayPal. Your money is stored in an online account, from where it can easily be moved around the internet. Funds in your account can be used to pay online merchants, buy things and send money to other Neteller members.
• Net + cards – As with a high street bank account you can apply for a debit card. If accepted you’ll have a Mastercard debit card that can be used for depositing funds at bingo sites where Neteller is accepted. You can choose a virtual version or a physical card you can hold in your hand.
• Money transfers – With a Neteller account you can receive and send money all round the world, to anyone you like, even if the recipient doesn’t have a Neteller account.

Frequently asked questions

• How long will it take for money to appear in my bingo account?

  Neteller has an instant deposit method with their InstaCash service.

  It uses either a debit card or a Neteller account balance. Money transferred from a regular bank account will take a couple of days to appear in your Neteller account. As soon as the money is received it’s readily available for making deposits at favoured Neteller bingo sites, online casinos, other business and anywhere else that accepts payment via Neteller.

• How do I make a withdrawal using my Neteller account?

  Another really simple process which requires a visit to the cashier page of the bingo site and requesting a withdrawal using a Neteller account.

  A fee is charged by some of the bingo sites, and it’ll be best to check the small print regarding charges and fees on individual sites. There may also be maximum and minimum limits for withdrawals and also deposits There are also a few bingo sites that won’t let players use Neteller as a withdrawal method if it wasn’t used as a deposit method as well.

• How easy is it to get hold of the money in my Neteller account?

  Use a Neteller ATM card

  Request an electronic funds transfer payment

  Request a bank wire

  Request a cheque

• How safe is my money in a Neteller account?

  Neteller have been processing gambling payments since 2000, so it’s pretty certain that they know what they’re doing.

  Neteller have been able to maintain their share of the online payment market because they have proved themselves to be a very solid company. They are a public traded company on the London Stock Exchange, and have been in the financial business since 1999. Regulated by the FSA (Financial Services Authority) in the UK, they are required to hold all funds deposited in their site separately from operating expenses.