Neteller is basically a household name when it comes to online payments and ofcourse also known by our TrustedOnlineCasino.co.za team. The brand is owned and operated by Paysafe Group ( who also owns Skrill) It has been around since 1999 with head offices in the Isle of man and satellite offices all around the world. Today, Neteller has grown into a truly global powerhouse that does very well with facilitating all your casino online payments.
Neteller is one of the biggest names, and one of the most widely used methods, of transacting at online casinos. But is it a good option for South African who use ZAR as their currency?
Your first step to making payments using Neteller is to open an account.. Simply head over to the Neteller website and register a new account. The sign up process is really easy and may require some security checks. These security checks include scanning your ID and provisioning a proof of residence ( such as your cell phone bill). Once you have completed the verification process you are now a Neteller member with access to all their features.
As an account holder you can now find a casino that offers payments through Neteller. For South Africans you are going to want to read up on which currencies they have available before signing up as this may carry some extra cost implications.
The processing time for deposits and withdrawals are very low using Neteller. This is part of what makes Neteller so attractive to users. Let's take a look at how to deposit and withdraw funds using Neteller.
Once you have had your fair share of fun you may want to withdraw some funds. Neteller is a great option for this as you can easily transfer the fund from your neteller account into your debit card.
As a south african customer we wouldn't recommend using Neteller as it does not support ZAR as a currency. This means that you would have to transfer your money into a supported currency before you can use it. This carries with it unreasonable costs that can be quite expensive over time. With other methods available to support ZAR you will be better off in the long run. However, Neteller is still a great option as it is extremely safe and secure. You will have to balance the pros and cons to arrive at your final decision.
No, Unfortunately ZAR is not supported. You have to transfer your ZAR in supported currency before you can deposit it into your account.
Yes, Neteller is one of the safest options out there. As a Listed company they have a vested interest in keeping their companies money safe at all times.
Almost every casino will have Neteller as an option.
Neteller can be used to make all your online payments. Most online merchants accept this firm of payment. More importantly, Neteller can be used as a deposit and withdrawal method at online casinos.
Deposits are very fast with Neteller. They seldom take longer than 1 hour to reflect. Withdrawals take a bit longer and can take up to 2 days max. The processing time with Neteller is still considerably shorter than most other payment methods.