Allegedly, Neteller payments used to form 80% of all gambling associated transactions in the world, but that was when online payment methods were very few. Nevertheless, Neteller has managed to hold on to its status as a popular casino payment method.
It is basically an electronic wallet used to make deposits and withdrawals. As with every e-wallet, here too you’ll need to open an account via the official website, where you have to specify the method with which you want to fund your Neteller account. The registration procedure takes about five minutes, and in the end you’ll receive a Neteller ID and a password which you’ll use when making deposits. So, all of your credit cards or bank accounts that you use to fund your Neteller account stays with Neteller, and no casino operator will be able to see them.
Neteller payments are very safe. The company uses highest-level encryption protocols to safeguard your transactions and financial details. All deposits and withdrawals are practically instant, plus you get to use lots of Neteller features. One disadvantage of this method that casino players report are the limits on some of the features. Other than that, Neteller is excellent.