Neteller Banking Option for Australian Players
Neteller, an electronic payment processing company, belongs to Paysafe Group Plc, a publicly traded international payments company. Residents of more than 200 countries all over the world use Neteller to pay and receive payments for products and services. Australian players can use Neteller to safely and securely load their online casino gaming accounts. They can then withdraw winnings back to their Neteller accounts and either use the Net+ card to withdraw them or transfer the winnings to their bank accounts.
How Neteller Works
Millions of people residing in more than 200 countries all over the world have used Neteller to store, transfer, or withdraw money. Whenever players register a Neteller account, they can enjoy two major types of services.
Net+ Cards – According to the Neteller website, Net+ is among the world’s most successful cards. It enables consumers to purchase products and services not only at physical locations, but also online. This card can also be used to withdraw funds at ATMs all over the world. The Net+ Card is accepted by thousands of websites and online stores, and one of the biggest advantages of using it is that players do not have to reveal their personal information. The Net+ Card can be purchased as a gift card even for people who haven’t registered an account at Neteller.
Money Transfer – Consumers can use Neteller to quickly, easily, and securely pay for goods and services online. Neteller accounts can also be used to send and receive money instantly. Those who want to transfer money through Neteller should first load their Neteller accounts. They can then send money directly to someone’s email address even if that person hasn’t registered an account at Neteller.
History of Neteller
Neteller, which was established in 1999, migrated to the Isle of Man in 2004. The company is well regulated by the Financial Conduct Authority (FCA) of the United Kingdom. PaySafe Group Plc, the parent company of Neteller, is “an authorized electronic money institution.” In 2015, Paysafe Group Plc, which was previously known as Optimal Payments Plc, acquired Skrill, one of the biggest independent electronic wallet service providers in Europe.
Neteller does not function as a bank, which means that you cannot borrow from Neteller. Since it is regulated by the FCA, it has to maintain consumer funds and operational funds in separate accounts.
Advantages of Using Neteller for Australian Players
Since it is a reputed, safe, and secure online payment processor, Neteller has a number of advantages for Australian players.
- Players’ information remains absolutely private while using Neteller. You may have to provide your financial details to Neteller while loading your Neteller account. But you do not have to reveal your personal information to your online casino while loading your online casino account with Neteller.
- Neteller is 100% safe and secure. Since Neteller knows very well the dangers posed by hackers and online cheats, it has implemented a wide range of security measures. Your money is therefore safe and secure at Neteller.
- Neteller is associated with major issuers of credit cards. The company has partnered with major brands such as MasterCard to create products such as Net+, which can be used anywhere MasterCard is accepted. The Net+ card is nothing but a virtual MasterCard.
Banking with Neteller
Australian players who want to use Neteller to load their online casino accounts should first register an account at Neteller and verify it.
The next step is to select Neteller as their banking method, input the required information, and the amount to be deposited. The funds are instantly, safely, securely, and anonymously loaded into players’ accounts and can be used to play for real money right away.