Why NETELLER is a Leading Online Payment MethodPublished July 18, 2015 by Mike P
NETELLER is heavily present in the online gambling industry. Discover why, and how it compares with other e-wallets.
Specialist online payment methods like NETELLER are currently used by millions of people every year because of their secure and convenient qualities. At a glance, NETELLER was launched back in 1999 and is now supported in more than 200 countries. Categorically, NETELLER is an e-wallet, meaning that it enables customers to connect bank accounts and credit cards for completing transactions without having to supply sensitive information.
NETELLER’s Serviced Countries
NETELLER is easily one of the most popular and best represented payment methods in the online gambling industry. And a major reason why is because NETELLER is accessible across much of the globe. That has proven instrumental in ensuring uptake NETELLER as a payment method with online gambling operators.
Virtually the entire European Economic Community provides a full service to NETELLER users. Principal countries include the UK, Ireland, France, Spain, Italy, Germany, Portugal, Poland, Austria, Denmark, Sweden, Norway, and so many others.
NETELLER has stated unequivocally that it provides a complete service to all of South America and Australasia. Coverage is then not quite so widespread for Africa and Asia, but key countries from those continents include South Africa and Russia.
Looking to North America, only Mexico can claim to have a full NETELLER Service. At present, a limited service is provided to users from the US and Canada. However, this is more due to the fact that each country is made up of states and provinces.
How NETELLER Fees Compare to Competitors
NETELLER supports a wide range of deposit options. Using these generally comes with fees that constitute a percentage of the deposit. Some deposit methods feature much lower fees than others. MasterCard and Maestro can span from 1.90-4.95%, while VISA and VISA Debit also spans from 1.90-4.95%. However, using Trustly, EUteller, and Bitcoin carry no cost.
PayPal sets its deposit fees for credit cards at a similar rate to PayPal, if not slightly worse at times. Credit card deposits can cost from 2.90-7.40. However, you will not have to pay any deposit fees if you make a bank transfer or instant bank deposit. Another cost that you will have to pay is the 2.50% value set on exchange fees.
Skrill users should deposit via Skrill direct, which connects with their bank account, to do so without cost. Using VISA or MasterCard will be subject to a 1.90% fee. Skrill is the most competitive of the three for low deposit costs.
NETELLER VIPs Unlock Benefits
Long-term users of NETELLER should consider the VIP scheme, which features five different levels that become accessible when you make at least $10,000 worth of merchant transfers in a calendar year. The principal benefit of being in the NETELLER VIP scheme is that you can obtain lower exchange fees and earn reward points for unlocking cash and gifts.