Described as one of the veritable titans of the online gaming industry by Best Online Casinos, NETeller is a service founded in Canada in 1999 which is undoubtedly the most recognized of all e-money and e-wallets services around the globe. Its profit margins are low, as with any such service, but its success and ubiquitous usage speak for itself: in 2006, the company reported a staggering $239 million in revenue.
The website offers a stupendous array of services for online casino websites and consumers can reap the rewards. As a consumer, you will be able to use the NETeller service to set up an e-wallet and deposit and withdraw money online at the click of a mouse. Several incentives are offered for signing up, including rewarding sign up and deposit bonuses. Several ongoing bonuses include match bonus offers, online betting promotions, and new promotions monthly for Sportsbook and Forex offers.
Using the service is simple and easy. Creating an account for online payments with NETeller will suit any online casino needs for a variety of sites, allowing a consumer to send or accept monies, and to use a prepaid debit card to take winnings out of one’s account with assured safety and security, worldwide.
NETeller, like many other similar online services, falls prey to the same stigma USA laws view these e-wallet sites under, as a shady service usable for money laundering. Many other countries across the world, however, recognize these services as no different than a Paypal or any other universally-acceptable e-wallet website, allowing a customer and a business to transfer funds between each other with mutual benefit.
Along with its chief competitor, NETeller is one of two major players in the Internet e-money business, used by many sites, excluding those accepting US players, and including Spin Palace, Red Flush, Jackpot City, and Casino Palace online gaming sites, the last of which at times offers up to 400% or $1000 bonus for signing up. Gamers can rest assured that with NETeller services, their funds will be well protected by constant online monitoring by the NETeller internal security services, dedicated 128-bit and ongoing identity verification. Most tellingly, the UK Financial Services Authority has recognized NETeller as an authorized company, which protects consumers by British laws and regulations.
As a prospective gamer or online casino, one simply cannot go wrong with NETeller as a service. Offering up the latest and greatest in ubiquitous e-wallet technology, the services available are second to none.