Neteller is an online platform used by merchants to make safe and swift online payments. Some of the prominent users of Neteller include online businesses as well as forex trading operators. In Kenya, casinos have embraced this payment method because of its flexibility and reliability.
Players can make deposits and withdraw winnings within minutes regardless of your location. Since 2000, the company has been operational in the gambling industry. For close to 2 decades, Neteller has built a brand as a global platform that allows users to transact using their debit and credit cards.
In this article, we will explore some of the real money casinos that accept Neteller deposits and withdrawals. We will also outline how to link your Neteller account to an online casino and the benefits and drawbacks of using this payment option.
||Neteller was initially formed in 1999 as an independent payment system in Canada. However, it was later acquired by Paysafe Group, which is a British company. Even though Neteller offers financial services, it does not hold any banking license. This means that you cannot obtain a loan from the company.
Why use Neteller
Neteller is a popular payment method across the world and has also been highly accepted in Kenya. The following are some of the reasons you should consider using this payment option to deposit and withdrawal funds from your online casino.
Numerous payment options: A Neteller account holder has more than 40 options to use to make deposits. However, the common ones in Kenya include credit and debit cards.
VIP program: Customers who undertake huge volumes of transactions are enrolled in a VIP program which is associated with reduced fees and increased withdrawal limits among other features.
Convenience: Transactions with Neteller are very quick. You can use the platform to load your casino account and play within minutes.
The Best Casino To Deposit With Neteller
One of the best ways to enjoy the games and unique bonus offers of 888 Casino is depositing with Neteller. One of the most famous casino brands in the world.
Neteller is one of the most recommendable e-wallet options among Kenyan gamblers and just like most e-wallets payment options, Neteller supports fast, secure, and convenient transactions.
Security and Reliability
While using Neteller, you are not under any obligation to submit your banking or personal details to an online casino. This means that you are protected against any third party access to your data. Since the company runs online services, it has installed 128-bit SSL encryption to guarantee security for all users. Regarding reliability, all transactions are instantaneous, meaning both deposits and withdrawals are executed promptly.
Loyalty Programs
If you are a Neteller user, using this payment option in the long run yields multiple benefits. The VIP program opens doors to other incentives. For example, members of the VIP club are charged lower fees, and they are allowed higher withdrawal limits. At all costs, you should look out for casinos with this payment option to make the best out of this feature. In some instances, Neteller runs promotions that target loyal customers.
Minimal Transaction Time
Neteller is one of the fastest payment methods. As soon as you open the account, you gain the eligibility to send or receive money instantly. Kenyan gamblers are lucky because all their transactions are executed in minutes. Depending on the other payment methods linked to Neteller, the timing can vary, but all of them ate processed within 24 hours.
The potential risk of Neteller
Despite the positive attributes of Neteller, it also has its shortcomings. First, you will be charged both for both deposits and withdrawals from your casino account. This is an extra cost which is not common among other e-wallets.
In some instances, the withdrawal limits could be a hindrance to high rollers who record massive winnings. This can be quite discouraging, and unless one qualifies for the VIP status, the limits and fees could be unfavorable.
Deposit and Withdraw with Neteller
Kenyan gamers have embraced Neteller as a convenient payment method. Both deposits and withdrawals are straightforward, as highlighted below.
How to deposit in an online casino
Step 1: Log in to your Neteller casino or sign up to any of the recommended Neteller casinos above.
Step 2: Check the finance section and click the “deposit” button.
Step 3: Among the available options, choose “Neteller”
Step 4: Enter the amount you wish to deposit.
Step 5: You will receive a prompt to enter your Neteller email address and your password.
Step 6: Press the confirmation button, and the funds will reflect in your account within minutes.
How to withdraw your winnings
Step 1: Log in to your Neteller casino account and click the “withdraw” button in the cashier section.
Step 2: Select the Neteller option.
Step 3: Enter the amount that you wish to withdraw.
Step 4: Click the confirmation button, and your money will reflect instantly in your Neteller account. Sometimes the amount could take a while depending on the time a casino takes to approve your withdrawal.
Is it possible to withdraw using Neteller if I deposited through other payment platforms?
Yes, as long as you have used Neteller as a deposit option in the last 6 months. After withdrawal, the money will reflect instantly in your account.
Can I deposit and withdraw within the same day?
Yes, Neteller does not impose any strict regulations on the transactions that you make in your account.
How long does it take for the money to reflect in my bank account after withdrawal?
Remember that Neteller performs an internal review to guarantee safety for your money. You may therefore wait for up to three business days for the money to reflect.
What is the least and highest amount that I can withdraw from my Neteller account?
This platform allows you a minimum of $10 and a maximum of $50,000 or an equivalent of both amounts.
