Banking is one of the core components of casino gambling – be it in depositing funds for chips with the cashier or cashing out your winnings at the end of a good day’s play. At an online casino all payments and withdrawals are made remotely through a number of reputed payment providers. One of the most popular forms of payment methods you see at online casinos is the e-wallet, and one of the most popular e-wallets used at online casinos across the world is NETeller.
NETeller is a popular payment method among online casino players from South Africa. And the best thing is that you can use it not only to make deposits but also to withdraw winnings. It is completely secure, fast, and easy to use, all of which contribute greatly to its popularity. Online casino operators across the world, including those accepting South African players understand this and that is why you will find this e-wallet at all these casinos. All the casinos on our list support payments through NETeller.
Almost every online casino accepting South African players supports NETeller as a payment method. All the casinos that make it to our list have been vetted for speed and efficiency of payment support and all of them support NETeller. The following are the top online casinos where you can use NETeller as a South African player.
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NETeller is one of the biggest e-wallets in the world today. It was started in 1999 and is owned by Paysafe Financial Services Limited. Paysafe Financial Services Limited is in turn a wholly owned subsidiary of Paysafe Group Plc. NETeller is completely secure as the parent company Paysafe Group Plc., is authorized by the Financial Services Conduct Authority of the UK. It is available in over 200 countries and processes billions of dollars’ worth of transactions annually.
NETeller started processing online transactions back in 2000. Initially it accounted for over 95% of all online gambling transactions. That is why the company moved headquarters from Canada to the Isle of Man in 2004. The company’s share of the online gambling transactions pie came down significantly with the introduction of the Unlawful Internet Gambling Enforcement Act (UIGEA) in the USA, as a number of operators pulled out of the US market. But it is still hugely popular among online casino players from other countries across the world, especially Europe.
There are a number of reasons why NETeller is so popular among users, including online casino players from South Africa. We list the top reasons for you below:
If you want to use Neteller to deposit and withdraw funds when you are playing at an online casino, the first step is to have a NETeller account. Opening an account is very simple and can be achieved in the following steps:
While there are no sign-up fees for using NETeller, there may be a transaction fee when it comes to using the NETeller service for depositing or withdrawing funds into and out of your online casino. The fees will vary depending on the casino you are playing at and the country you are playing from. To learn more about the transaction fees you can contact:
Many people opt for using NETeller because of how easy it is to use. There are different NETeller products you can choose from to deposit funds into your online casino account: Net+ Prepaid MasterCard &Money transfer
Withdrawing funds is also as simple as depositing them with NETeller. However, withdrawals usually take more time than deposits because of the elaborate process casinos have in place to verify and authenticate the identity of the person making the request. There are quite a few casinos on our list that guarantee fast withdrawals: once the withdrawal request is processed the maximum time it takes for your money to reach your NETeller account is 24 hours.
Getting the money into your NETeller account is just half the process. Now you will need to transfer the funds to your bank or credit card account. That is where linking the bank account or credit card to your NETeller account at the time of signing up plays a significant role. Once the accounts are linked the money is transferred out of your NETeller account immediately on receipt, within 24 hours. One thing to keep in mind: there are limits prescribed for withdrawals; ensure that you do not cross the per transaction limit.
If you are new to using an e-wallet and are looking to use NETeller based on what you have read and heard about it, you are bound to have questions about this payment method. We have put together for you a series of commonly asked questions about using NETeller at online casinos in this section.
AYes you can. NETeller is one of the most popular e-wallets across the world and is available at all online casinos accepting South African players. There may be a few though that do not support NETeller. The best way to find out is to look for the NETeller logo at the bottom of the casino’s landing page.
ANETeller is one of the most secure online payment methods; that is why it is so popular. It uses highly advanced online security technology, including 128-bit secure socket layer (SSL) encryption technology, to protect your money and all personal details you are required to provide it with while signing up.
ANeteller is free to sign up. There are, however, certain fees that may be charged for using its services. The good news is that casinos cannot charge you anything extra for using this payment method.
AThere are a number of reasons why you could consider using Neteller. It is easy to use, and it is completely secure. All payments are fast: deposits are instant, in fact. Also, the fact that this company processes more than 80% of gambling-related transactions – at one time before the UIGEA was passed in the USA that number was 95%+ – is a huge statement about the efficiency of its functioning and the trust that players place on it.
AYou can fund your NETeller account by transferring money into it from your bank account, credit card, or debit card. You can also use other sources to fund it, including payment methods like PaySafeCard, Cartasi, AstroPay, and many others. You also have the option of funding it with Bitcoin, or using a mobile payment method.