The majority of Canadian casinos that accept Neteller rank among the highest-tier establishments, ensuring an unparalleled online gambling experience. Utilized worldwide for online purchases, deposits, and withdrawals in casinos, Neteller stands as a superior alternative to traditional banking methods. Once an account is established and linked to a bank or card, transactions become seamless. The e-wallet’s Secure Socket Layer (SSL) security feature significantly reduces the risk of fraud or identity theft, bolstering its certification and authority from the UK Financial Services Authority (FSA), providing users with protection under British laws and financial regulations.

Neteller has partnered with MasterCard to offer a versatile card for online casino deposits and both online and offline shopping.

Website: www.neteller.com
Type of payment: e-Wallet / virtual credit card

Making a deposit – How does Neteller work?

Since it’s a digital wallet payment service, you’ll need to create a Neteller e-wallet account. Luckily creating an account is straightforward and free. In addition, anyone can register since it’s available in multiple languages and more than 100 countries.

Also, it accepts significant currencies, including Canadian Dollars. However, you need to fund your Neteller e-wallet account to deposit funds into your player account. Interestingly, it allows you to finance your e-wallet from several sources, including banks, debit/credit cards, and other Fintechs like Trustly.

Before learning how to deposit, let’s guide you on how to create a Neteller account.

1. Visit Neteller’s official website and select the “Join for Free” button.
2. Proceed to Enter your name as it appears on your identity document (ID).
3. Provide personal details such as phone number, gender, DOB, and address.
4. Add your (valid) email address.
5. Choose your preferred currency.
6. Proceed to click the “Register” button.
7. Finally, verify your account by clicking the verification link sent to your email address, and voila! Your account is ready.

The above simple procedure will only take about a maximum of two minutes.

Depositing Using Neteller

Now that you already have a Neteller account, you need to create a player account at a Neteller casino. Fortunately, we have already hunted down the best casinos in the industry. Therefore, sign-up at any of the casinos below to begin depositing.

How to deposit:

1. Add funds to your e-wallet by linking your Neteller account to bank or credit/debit cards, as above-mentioned.
2. Log in to your player account, proceed to the cashier’s section, and click deposit.
3. Select Neteller and proceed to enter your Neteller email address.
4. You’ll then be redirected to Neteller’s official site to log in securely.
5. Add the amount you’d like to deposit.
6. Click the “Complete Order” button, and the funds will reflect in your casino account instantly.

Withdrawing via Neteller

Playing your favorite casino games is scintillating, but winning adds more appeal to the thrill. So, how do you request a payout after winning? Like depositing, withdrawing via Neteller is lightning-fast and as easy as 1, 2, 3.

Some casinos may not accept Neteller as a withdrawal method, but our casino recommendations do. If the casino doesn’t allow Neteller withdrawals, you’ll have to use other alternatives. Thus, kindly confirm that before withdrawing.

In addition, it’s critical to perform the KYC verification procedures by sending over all requested documents before cashing out.

Tip: We would advise players to perform KYC verification after opening a player account to receive their payouts faster.

How to withdraw:

1. Log in to your casino player account.
2. Proceed to the banking/cashier’s page and click “Withdraw.”
3. Choose Neteller.
4. Enter the amount you desire to cash out along with your e-wallet account details.
5. Confirm the withdrawal, and you’ll have your winnings in less than 24 hours.

NB:  You may incur transaction fees when funding your Neteller e-wallet account, but casino deposits and withdrawals are free. Also, the minimum deposit via Neteller may vary depending on the casino, but it usually starts from $10 or $20.

Pros and cons of this payment option

Undoubtedly, Neteller is a fan-favorite among online punters, with only Skrill rivaling its dominance in the industry. Its popularity springs from the various benefits it offers its clients. So, what are the perks associated with banking with Neteller?

Advantages of Neteller

• It’s easy to register and use.
• It offers instant deposits and fast withdrawals.
• The UK Financial Conduct Authority approves it.
• It provides top-of-the-pile security since all Neteller transactions are SSL encrypted, and your card details aren’t shared with the casino.
• It’s simple linking your e-wallet to various funding sources, including Bitcoin wallets.
• A reliable method that online casinos widely accept.

Disadvantages of Neteller

Even the greatest of casino payment options have shortcomings. Neteller is undoubtedly no different. Although its drawbacks are less prominent, it doesn’t mean they’re non-existent. Therefore, the disadvantages of Neteller include:

• It doesn’t provide its services globally, meaning some country restrictions exist. You can look at the complete list of non-serviced countries.
• You’ll incur transaction fees when funding your Neteller e-wallet from your bank or credit/debit card. The cost is usually 2.5% of the amount you’re transferring to your e-wallet. However, this shouldn’t be confused with casino deposits and withdrawals because those are typically free.

You might not claim welcome bonuses with Neteller, as mentioned earlier. Nevertheless, that depends on the casino you’re playing at. Luckily, we’ve already indicated the hack of maneuvering that.

Alternative payment methods

The iGaming industry has a stack of payment options at players’ disposal. Thus, there’re no limits to how you prefer withdrawing or depositing funds from and into your account. As earlier mentioned, not all payment methods are reliable, and we want you to enjoy all features of online gambling. So, we have briefly explained the best alternative payment methods to Neteller below.

Bitcoin

Bitcoin is a popular cryptocurrency online payment method that allows you to fund your casino account securely through blockchain technology. It’s a decentralized P2P method meaning no banks or governments can block or prohibit your transactions.

It’s an acceptable alternative that’s rapidly garnering prevalence and will soon become the mainstream form of gambling in online casinos. Thanks to blockchain tech, Bitcoin offers players a rigid layer of security that’s impenetrable even to the best hackers.

Additionally, you can enjoy super-fast withdrawals and deposits via BTC while staying anonymous. The anonymity aspect can also help you play at restricted casinos that accept bitcoin. Bitcoin casinos are becoming popular. Hence, you can find a good number on the internet.

However, please take caution when using BTC since its value is volatile. That means its value can rise incredibly or fall drastically. If it increases, the merrier. The opposite is also true.

Skrill

Like Neteller, Skrill is an e-wallet payment service that allows you to make online payments. In fact, both payment methods belong to the same company, Paysafe Group. Therefore, it’s no surprise both options offer like-for-like levels of convenience, efficiency, and security.

Nonetheless, Skrill is available in fewer countries compared to Neteller. Skrill accepts more currencies and its transaction fees are a tad cheaper. So, Skrill is an excellent alternative if you find it more suitable as its withdrawals take less than 24 hours.

Credit Card

Before the emergence of more modern payment methods, credit cards were the go-to option for online casino transactions. MasterCard and Visa are examples of credit cards, but they’ll be a thing of the past with ongoing technological evolution.

However, that’s not to say that they aren’t still prevalent in other gambling demographics. Credit cards have a major drawback of regularly rejecting gambling-related transactions. Add to that the elongated withdrawal periods, and you’ll find it’s not a clear alternative favorite. Security-wise, they’re top-notch. So, it’s still a viable alternative.

Paysafecard

Paysafecard is a prepaid voucher-based online payment method belonging to the Paysafe Group like Neteller and Skrill. Since it’s voucher-based, you don’t need a bank out, and you can make anonymous casino transactions.

It’s a secure and widely integrated method, making it a suitable alternative. You only need to purchase a Paysafe voucher of your ideal value. The voucher has a special 16-digit PIN code redeemed by inserting the code. Also, the voucher is valid for 12 months. However, this method might involve some fees, such as conversion charges, since Paysafecard accepts over 20 currencies.

MuchBetter

MuchBetter is an application-based wallet payment method popular in the online gambling industry. The app is available for download across Android and iOS operating systems, appealing to global users. It’s simple to create a MuchBetter account and helps you manage your bankroll from your mobile phone. Additionally, it’s a safe and secure alternative with features like Touch/ Fingerprint ID keeping your account even safer.

It offers players swift deposits and prompt withdrawals. The number of MuchBetter casinos is incredible, and that amount is bound to increase with time. Therefore, you may want to consider it an alternative way of tracking your bankroll while enjoying your favorite games.

Neteller app

Since a short period of time Neteller offers a new, fresh, and upgraded mobile app. This app allows you to send and spend money with ease.

The Neteller app is now available in the App Store and Google Play. You can easily download it from the store and log in using your account details.

By having the Neteller app you can use your multicurrency accounts wherever you are, whenever you want.

By combining your Neteller app with Apple Pay and your Net+ prepaid Mastercard you will get endless possibilities to pay online as well as in the real world.

Besides gambling you can also use your Neteller account for crypto trading. You can for example buy trading and set automatic or recurring buy orders. All in all this makes the Neteller app an excellent addition to your banking life.

Neteller limits

You can use Neteller at quite some online casinos. I would say that this online payment options is supported by roughly 50% of the online casinos.

Depending on your location it is possible that Neteller is not supported as a payment option as it is not allowed by local regulations. In that case you will need to find an alternative bank options such as VISA or Mastercard.

When Neteller is supported you can usually use this payment options to deposit from as low as $10 per transaction. Some low deposit casinos even allows deposits from as low as $5 or even $1.

If you like you can also deposit high amount using Neteller. Online casinos often support deposits up to a few thousand Euro per transaction.

Cashing out using Neteller is usually no issue and available from $10 or $20 per transaction. Withdrawing funds is usually also possible for really high amounts, possibly up to $5000 per transaction.

Conclusion

Neteller is a household payment method in the online gambling industry. That’s why you’ll find a great deal of Neteller casinos on the internet. Luckily, we’ve narrowed your search scope by recommending only the best platforms in Canada. Therefore, you can register at any of them for free, claim mouth-watering bonuses, and enjoy top-end quality casinos games.

What’s more, our casino recommendations possess regulatory licenses from best-in-class gambling authorities, MGA and UKGC. In addition, independent companies like eCOGRA publicly audit the games. So, you can confidently enjoy playing fair games that yield honest payouts.

Talking of payouts, Neteller provides one of the best, if not the best, payment services. For starters, it’s easy to use and register. It provides unbending security protocols to safeguard players’ sensitive details. Addedly, its casino transactions are fast and, to top it off, free.

Also, we’ve further provided the best alternatives to use in case you need a pick-me-up. Despite the possibility of not claiming bonuses via Neteller, Neteller casinos are the most sought-after online gambling platforms.