Neteller Blackjack Sites
Neteller blackjack sites are real-money casino websites that host blackjack games and allow customers to use Neteller to make deposits and withdrawals.
Neteller is an eWallet. That means the company processes online payments by linking a personal financial product like a credit card to an online account that you use like a credit or debit card. At one time, Neteller was the leading eWallet for online gamblers. After the 2006 UIGEA bill forced the company out of the North American market, their dominance went by the wayside. These days, they remain a boutique product, used mostly by European customers.
Neteller stock is publicly-traded, listed on the London Stock Exchange. The company has been involved in the online payment processing business since 1996, making them one of the longest-lived names in that industry.
Neteller & North American Customers
Neteller left the US and Canadian markets (along with most of the other eWallets that once serviced the gaming market) in order to be in compliance with new US government regulations. That means that Neteller is not currently a payment option for gamblers living in the US or Canada. Neteller’s website lists a number of other country restrictions:
- Armenia
- Bhutan
- Cambodia
- Georgia
- Iran
- Iraq
- North Korea
- Laos
- Mongolia
- Nigeria
- Puerto Rico
- Serbia
- Thailand
- Uzbekistan
- Zimbabwe
The loss of the US and Canadian markets has taken a toll on Neteller. Before the US market fell into chaos, Neteller’s reported revenue averaged $270 million per year. Judging by their last couple of reports, Neteller will report revenue of around $30 million this year.
How to Get a Neteller Account
Creating a Neteller account is as easy as creating any online account. You point your browser to Neteller’s website, register (for free) with your name, address, and a few other details, and you’re done. You don’t need to add any money to your Neteller account until you’re ready, or until it’s time to make your first deposit.
How do you add funds to your Neteller account? Depending on where in the world you live, you may be allowed to use a credit card, debit card, bank wire transfer, eCheck, or any of a dozen other acceptable methods. If you can think of a financial product, you can probably use it to fund your Neteller account. Adding funds is just like making any online purchase. You enter your product’s number or other details, determine the amount that you want to transfer, and follow the on-screen instructions until your transfer is complete.
How to Use Neteller
Using Neteller to make a deposit to an online blackjack site is an equally simple process. You use your Neteller account the same way you’d use any product to make an online purchase. First, you find a blackjack website that allows Neteller deposits – this is easy, as most of the world’s top online casinos accept Neteller as a deposit and withdrawal method. Once you’ve found a site where you want to make a deposit, you go to their cashier page, select Neteller as your method, fill in your login information and amount to be transferred, and you’re done.
If you don’t live in the US or Canada, the vast majority of the online casinos offering real-money blackjack will allow you to make a deposit with your Neteller account. It’s rare to find a legitimate online blackjack casino that doesn’t accept Neteller. Neteller enjoys a high acceptance rate, which is part of the reason why it’s such a popular choice for online casinos. The posted acceptance rate is 99.98%, provided the deposit is made in a market where Neteller is legal.
Neteller Fees
According to Neteller’s website, their fee schedule is as follows:
- Payments made in shops, restaurants, or online are always free.
- Foreign exchange fees average 2.95%.
- Members must pay a $2.99 USD monthly administration fee.
- Every paper statement you receive carries a $3 USD paper fee.
- Every ATM withdrawal requires a $3.95 USD fee.
- Every lost card replacement costs $5 USD.
- MasterCard / VISA deposits require a 2.5% fee.
- Withdrawals require a fee of 2.5%, up to a max of $10.
In our experience, you’d be hard-pressed to find an online blackjack site that charges any additional fees for the use of your Neteller account. If anything, they subsidize the use of this eWallet with bonuses. Some casinos will actually offer special bonuses and promotions to Neteller users.
Is It Safe?
Neteller has been in the online payment business longer than just about anyone. That means they use top of the line security measures to protect their customers. But they don’t stop there. The main safety feature used by Neteller to protect your identity and your private financial details is anonymity. The theory is that if you don’t offer any information to be stolen, you’ll never have a security issue. Anonymity allows for an extra layer of protection between your financial product and the eyes of people who you don’t want to share that information with. Every Neteller transaction is anonymized, so that your account numbers, personal information, and credit card details are removed.
Conclusion
Neteller follows standard security protocols, with 128-bit encryption technology and guaranteed transaction security. The anonymous aspect of these transactions is a big selling point. Neteller is widely-accepted, and though the fee schedule can be a bit confusing and frustrating, they offer a premium service, and at the end of the day, the fees are at or lower than the industry average. Though Neteller is not one of the two major players in the payment processing industry, dwarfed by PayPal and Skrill, it does have a huge following in regions of Europe and Asia. As the North American market gains legislative clarity, it’s possible that Neteller may return to use as an American payment method. For the time being, no North Americans can use Neteller to make deposits to real-money blackjack sites.