Why Learn About Neteller
Learning how to use Neteller or other E-wallets is essential for gambling if you are an Indian resident. When it comes to gambling legally in India, one of the biggest challenges is finding a safe, legal and secure method of depositing and withdrawing money to gambling sites. E-wallets are by far the best option for depositing and withdrawing money, but only some e-wallets are accepted by legal gambling sites. Neteller and Skrill are our recommended options.
Advantages of Neteller
Neteller is free to sign up and create an account, while also being the most widely accepted payment method for all online betting sites and casinos. You can also use Skrill, but both offer essentially the same service and product.
Neteller offers a safe and secure service for managing your money on online gambling sites. Neteller allows you to spend your money without needing to give your bank account or card details to the gambling sites.
Neteller is easy to use and setup, and if you run into any issues, you can use the contact form, phone number, or live chat. Also, almost all gambling sites accept deposits and withdrawals using Neteller for free.
What is Neteller?
Neteller is an eWallet that has been around since 1999 and has over 230 million account holders worldwide. It is free to create an account, and you can use the app which is available on GooglePlay and the App Store or use their desktop site.
How to Create a Neteller Account from India
Creating a Neteller account is quick and easy.
- Navigate to Neteller and click "Join for Free"
- Complete the registration form
- Verify your account (Follow these Neteller guidelines)
- Link and confirm your bank account (IBAN, bank name, and SWIFT code)
- Deposit funds to your Neteller account
- Sign up to a bookmaker of your choice, and deposit using Skrill
Neteller Fees: Deposit, Withdraw and Transfer
Neteller accepts several payment methods for uploading, withdrawing and transferring funds.
Uploading Funds (Deposit to Neteller Account)
- Visa- 2.5%
- Skrill- 2.5%
- PaySafeCard- 2.5%
- Bank Transfer - 2.5%
- Bank transfer- 10USD
- Money transfer- 1.45% Min. Fee 0.50 USD
Foreign Exchange Fee
For all transactions involving currency conversion, Neteller adds 3.99%