Best Neteller Online Casinos India 2024

It’s been more than two decades since the first electronic wallet was introduced online. Despite their longevity online, few people know how these eWallets work and are unsure whether they are a good fit for online gambling.

Neteller was founded in 1999 with the main aim of competing against PayPal. At that time, PayPal was the main service provider for online transactions and mostly focused on serving the American market. So, the opportunity was right for Neteller, which was established to cater to North Americans.

Immediately after being formed, they noticed a market that PayPal had tapped into. In June 2000, they started offering their services to online casinos and sportsbooks. This service became so popular that by the end of 2000, Neteller was processing 85% of all online gambling transactions, not just in the US but the world at large. However, the bulk of these transactions, 95% to be precise, were from the US and Canada.

In 2001, the Isle of Man passed the Online Gambling Regulation Act 2001 (OGRA), which was much friendlier compared to The Free Trade and Processing Zone Act 1994 (No. 12 of 1994) of Antigua and Barbuda. Therefore, like many other service providers in the online gambling sphere, Neteller moved its headquarters from Canada to the Isle of Man.

It’s from here that the company has been carrying out most of its duties, growing from strength to strength. This growth didn’t go unnoticed, and just recently, UK-based Paysafe Group purchased Neteller alongside Skrill.

Today, Neteller and Skrill are a force to recon in the online casino industry. They operate not only in Europe but the world at large. Players from South America, Africa, Oceania, and Asia, particularly India, use Neteller to move money between their casino accounts.

One of the requirements for account verification is to deposit funds into your Neteller account. But how do you do this? There are two ways of accomplishing it, and they are all easy to execute. Here’s how you can replenish and withdraw funds from your Neteller account.  

Using a debit card

For this, you need to link your debit card to your Neteller account. Click on the “Deposit” button under the menu, and link your card by choosing your service provider (Mastercard or Visa). Provide all the details required and hit the “Add card & continue” button to finish the first step.

The next step is to enter the amount you’d like to deposit, then confirm the transaction. It should be processed within a few seconds. From start to finish, the whole step should take you less than a minute.

You can withdraw money back to your credit/debit card by following the reverse process you used to deposit. Simply hit a “Withdraw” button, select the credit/debit card option, enter the amount and confirm the transaction. The money should be deposited into your bank account within hours – a maximum of 24 hours.

By asking your friend to send you funds

If you have a friend who has a Neteller account, you can ask them to send you funds directly to your Neteller account. For this, send them your customer id which you can find at the top right corner of the screen. Copy it and share it with your friend. Once they enter the amount and confirm the transaction, it should reflect in your account within seconds.

Alternatively, you can send them your email address and the amount you’d like to receive. They’ll follow the same procedure as above to complete the transaction, only using the email this time.

Note: you might have read how you can deposit funds using crypto or from a Skrill account. Prior to Paysafe Group purchasing the two eWallets, players could inter-send money from Skrill to Neteller and vice versa. There was also the option of topping up from some popular exchange sites. However, this is no longer the case as these options were eliminated from the site.

If you’ve been lucky to land a win, you may want to withdraw the money back to your Neteller account. In fact, most online casinos with Neteller in India have a policy that dictates you must withdraw using the same method you used to deposit. In this case, you will have to withdraw using Neteller. To cash out your winnings, here is a step-by-step procedure:

• Click on the banking page/withdraw button/balance button on your home screen.
• Select Neteller as your preferred withdrawal option.
• Enter the amount you’d like to withdraw.
• Confirm the withdrawal request.

Cashing out is as simple as that. However, there are instances where you may not be able to withdraw. This usually happens if you haven’t completed the KYC verification process on the casino’s side. Also, if you don’t have the minimum required balance, you may find it difficult to cash out your winnings. If you are getting an error and are sure you’ve met the two conditions, contact the support team for further help.

We all dream of living in a fee-free, tax-free, and commission-free world, but as we wait for that day to come, we must pay a small fee for Neteller transactions. Most of the top Neteller online casinos in India will process all your deposits at zero fees. However, it may not be the case when cashing out your winnings. Some may have a small commission or processing fee. In this case, they’ll always indicate this in their terms and conditions.

While there may not be any charges from the casino’s side, you must pay a 2.5% fee on all transactions made from your Neteller to your online casino account when depositing. As far as the transaction times go, all deposits made to online casinos with Neteller take only a few seconds to complete. As soon as the page finishes loading, you will have money in your account.

However, when withdrawing, it may take a few hours up to 48 hours to process your request. Top Neteller online casinos in India try to process withdrawals in under four hours. For other sites, there is a pending period of up to 24 hours. During this time, they “verify” the transaction before sending the money to your wallet. Once they’ve released the cash, it will take about 4 hours to reflect in your account.

All in all, the most important thing is to ensure you read through the terms and conditions before signing up. If you are unsure of anything, contact the support team and ask them your question(s) before depositing and having funds get stuck. If the support team is doggy or clueless about their payment and withdrawal policy, skip to the next site.

There’s no doubt that Neteller remains one of the most convenient and safest ways to move money in and out of your casino account. The best Neteller online casinos in India offer instant deposits, so you can start playing your video slots, table games, live dealer, Teen Patti, and Andar Bahar straightaway. Furthermore, withdrawals processed using Neteller are much faster than bank transfers and credit/debit card transactions. If you are ready to start playing, we have plenty of fantastic options on our page. Sign up today and see what these sites have to offer.