Neteller was founded back in 1999. Though it was first established and nestled in Canadian soil in 2004, it was shifted to the Isle of Man. In 2015, the PaySafe Group, an Authorized Electronic Money Institution, decided to finalize a transformation on financial transactions directly linked with the global payment industry. As a result, it took the acquisition of the Skrill Group. Skrill group is renowned as one of the largest and top payment systems in Europe. It is also among the world's largest autonomous e-wallet providers.
Currently, Neteller is serving in 200 countries worldwide, with 23 million active accounts. The company presents its offered services in 15 different languages. Its 26 different accepted currencies cover up most of the major currencies, including Australian Dollar, Euro, US Dollar, Russian Ruble, Japanese, Yen, British Pound, etc.
Now, over 330 skilled employees conduct its work processes and are guided by Lorenzo Pellegrino, its current CEO. Neteller is under the regulation of the Financial Conduct Authority (FCA). It provides its customers with an opportunity to purchase and sell different cryptocurrencies by their fiat currencies for quite some time.
Withdrawals, deposits, and transfers using Neteller might be subject to a certain fee, but you don't need to provide any yearly or monthly fees for having its services. Besides, Neteller is entirely void of dormancy fees too. Forex brokers and the online casino industry are the two major industries that enjoy Neteller's payment gateway services. And undoubtedly, it is one of the reputed and trusted online financial service providers, and the fees attached to its services are reasonably lower than its other competitors.
Why Choose Neteller Online Casinos
In the world of online gambling, Neteller is inarguably one of the best and most popular e-wallets with the most influence out there. It’s one of the earliest and most successful payment solutions at online casinos, and it's still widely used by millions of players today. Neteller was established in 1999 and is accessible in over 200 countries and available in over 17 different currencies.
Every online casino providers accept this payment method because of its ease of use for online transactions. It allows players to deposit for gambling and manage winning funds in a single account. Overall, gamblers don’t need to give out their banking information to any online casino to complete transactions.