Neteller is part of Neovia Financial Plc which has been working on financial solutions for the internet and neteller casino providers since the 1990s resulting in the establishment of the first Payment Service Provider (PSP) in the UK in 1996 which was called NETBANX®. This was followed in 1999 by the establishment of the NETELLER® e-wallet service which enabled customers from around the world to pay for goods and services including neteller online casino in a secure environment and guaranteed suppliers that they would get paid. The company is headquartered in the Isle of Man and the latest development from the company is the pre-paid card which enables cash withdrawals to be made at ATM machines across the globe.
The company operates in some 160 countries and 36 languages and it specialises specifically in safe money transfer systems for online transactions such as online casinos by reducing or eliminating the risks associated with identity fraud or identity theft. It operates under the watchful eye of the UK Financial Services Authority (FSA). Safety of transaction really is at the heart of the company and 128 bit encryption technology, multiple layers of firewalls, intrusion prevention systems and even automatic sign out after 15 minutes of inactivity all go towards ensuring your transactions are secure. There are two types of account; firstly the Express account which is the basic account and secondly the Extended account which allows higher deposits; there is even a VIP programme giving access to prize draws and even neteller casino tournaments. You can open your account in any number of currencies but the Euro, the UK pound sterling and US Dollar are of course amongst them but as a word of warning, once you have selected your country of residence you must use an internet connection registered in that country to access your account or neteller casino. This is actually an additional security measure for your benefit. Neteller today can be used for many other online transactions as well as neteller online casinos but the origins are gaming and it is therefore not surprising the all the online casinos that we recommend will accept this payment method. If you choose to fund your account using a debit card or a credit card, Neteller will make a 1.75% charge but as we stated in another article credit card companies will charge for any transaction to a gaming company (which this is not) and they will charge you interest from the day of the transaction so there is not much if any difference between the two methods. You can keep track of your account through a “Windows” application. The company is listed on the London Stock Exchange AIM (Alternative Investment Market).