NETELLER is one of the oldest alternative payment systems for online casinos and one that is available worldwide. An alternative payment system is any payment system other than credit cards. NETELLER is an electronic wallet. It is like a bank account in cyberspace, which you can load through your regular bank account, credit card or transfer from another source. Once your NETELLER account has funds you can make payments online from it. Therefore your credit card or bank account details are only with NETELLER and not with the various Australian online casinos at which you play. All Australian online casinos allow you to withdraw your winnings to your NETELLER account.
NETELLER is a product of Optimal Payments Limited. The company is located in the United Kingdom and is regulated by the Financial Conduct Authority, which is one of the strictest financial regulatory authorities in the world. You can be absolutely sure that your money will be safe in your NETELLER electronic wallet. You can also be sure that the financial transactions conducted through NETELLER will be in a totally secure environment. Along with the electronic wallet, NETELLER customers can avail of one of the most successful prepaid card programs on the market. The Net+ card is a prepaid card (debit card) linked to the e-wallet account that allows you to deposit funds at online casinos. NETELLER also offers promotions of its own that lead to free cash or prizes. Signing up at NETELLER is a simple menu driven three-stage process that can be initiated from its web site and should not take more than a few minutes.
Deposits Using NETELLER
In order to deposit funds at your Australian online casino using NETELLER, you must have selected it as the payment option while registering. After logging in you must access the cashier, click on the Neteller icon and input the following details: the amount you wish to deposit, your Neteller account ID and your Neteller security ID. Then you click deposit and the amount will be credited instantly in your online casino account. You can check for the minimum and maximum deposit limits at the banking page of your online casino.
Withdrawals Using NETELLER
The process for withdrawal using NETELLER is similar to that for deposits, except that the flow of funds is the opposite direction. The withdrawal can take up to two days because of processing time. The minimum and maximum withdrawal limits would be linked to your VIP status at most Australian online casinos.