Neteller

It’s safe to say that the number of e-wallet sites out there has absolutely exploded in the last few years and we can now manage our money digitally in tons of unique and super secure ways.

One such online e-wallet based payment system that’s proven to be quite popular with bingo fans is Neteller.

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What is Neteller?

For those that haven’t heard or used it before Neteller is basically an e-wallet system that lets you store your cash online in a third party system before you transfer it over to the website you’re playing on.

It’s similar to PayPal in the respect in that it accepts a wide range of cards for deposits; it’s extremely secure and works with a wide range of partner websites.

How Do You Join?

If you’re interested in getting started up with Neteller bingo sites then you’ll find that it’s incredibly easy to setup.  For starters you need to head to the official Neteller website, and there all you’ll have to do is create an account, register a card and link it to your profile.

The Pros and Cons

Of course when you start playing on a Neteller bingo site you’ll notice that this payment system has a lot of perks and a couple of downsides to it.

Pros –

The best thing about Neteller is that it’s secure as it implements a series of servers that guarantee to keep your cash and sensitive information safe. It also offers instant transaction speeds.

Cons –

The biggest problem with this system is that you’ll normally have to pay a percentage on your withdrawals from your bank account. The amount you need to cough up can also vary depending on what bank you’re with.

Comparisons to Other Payment Systems

Of course there are other systems you can use like Ukash and PayPal which have their own benefits and differences. Ukash for example has secure vouchers but you can easily lose them and once they’re lost your cash could be permanently gone.

There’s also which is similar to Neteller in that it too allows for instant transactions and is extremely secure. But again it has a downside in that your account can sometimes be locked without warning and it can take a long time to unlock it again.

Best Bingo Sites That Accept Neteller

Since its adoption by the gambling industry the number of bingo sites that accept Neteller out there have increased almost exponentially.