Neteller Online Casino Deposit Method in New Zealand
One of the most convenient and reliable online casino deposit methods in New Zealand is Neteller. The web wallet service is accepted by the most reputable real-money gaming sites, where it offers quick, easy, and secure deposits and withdrawals. The benefits of the method make it an attractive alternative to credit cards, prepaid cards, and bank transfers.
About the Web Wallet
One of the oldest casino online deposit methods, Neteller was founded in Canada in 1999. It began processing payments to 85% of the world’s casinos and sportsbooks online in 2000.
The web wallet service was so popular among players that their transactions were responsible for generating 95% of the company’s revenue at the time. In 2004, its headquarters were transferred to the Isle of Man. Since 2015, what is now one of the most popular online casino deposit methods in New Zealand has been owned by Paysafe Group.
Pros of Neteller
There are several pros to using Neteller as an online deposit method. The web wallet service is easy to use, and it is secure. 128-bit SSL encryption ensures your personal details are protected.
Another pro is that there are several ways you can top up your web wallet before making a deposit at your preferred recommended casino. You are not required to link it to your bank account. Many players also are happy to use this option because payments are processed speedily. Its popularity also rests on the fact that many casinos accept it as a withdrawal method, with some sites offering web wallet withdrawals within 24 hours.
Neteller VIP is a pro if you happen to be a high roller who uses the service frequently. The premium membership programme offers silver, gold, platinum, and diamond status; each of which has unique perks, such as cashback benefits and higher transfer limits.
Cons of Neteller
Even though the cons of using Neteller are minimal, it is good to know what they are, so you can make an informed decision. One of the biggest is that not every casino recommended for Kiwi players accepts the method.
Another con is that, at a small number of sites, initial transfers made using web wallets are excluded from welcome bonus offers. The third disadvantage is that this casino online deposit method charges between 1% and 5% of the amount you load into your web wallet as a processing fee.
Making Deposits and Withdrawals
You will need to create an account before you can use Neteller as an online casino deposit method in New Zealand. This is done at the service’s website, and requires a valid email address, as well as a few personal details.
You can then link it to your bank account to make transferring funds quick and easy, or you can top up your web wallet using a Visa or MasterCard credit card, or even another e-wallet service. Once this is done, you can sign into your casino account and visit the banking page. After selecting the online deposit method from the list, enter the amount you want to transfer. You will be prompted to log into your web wallet and confirm the transaction, which should then be processed almost immediately.
Making withdrawals follows a similar procedure. You will need to select the withdrawal option on the banking page, select Neteller from the list of withdrawal methods, and then enter the amount of money you want to withdraw. When it has been processed and the money appears in your web wallet, you can transfer it to your bank account.