NETELLER belongs to the category of payments options referred to as an electronic wallet or e-wallet. This functions like an online bank account. It is one of the most popular electronic wallets used by Australian online casino players. This section explains how the NETELLER option functions and what its advantages and disadvantages are.
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The NETELLER electronic wallet was launched in 1999 by Neteller Plc. At that time the credit card was the only option available for carrying out financial transactions at online casinos. The objective was to give online casino gamers another payment option. Over the years Neteller Plc went through a number of mergers and name changes and today the holding company is called Optimal Payments Limited. However, the NETELLER brand has been retained. Optimal Payments is listed on the London Stock Exchange and is regulated by the Financial Conduct Authority of the United Kingdom. This ensures that NETELLER complies with a stringent set of financial controls and offers a secure environment for online payment transfers. Neteller is used by players in over 200 countries and in all major international currencies. Today a number of other products have been added to the portfolio including prepaid cards.
The fact that NETELLER has survived for 15 years without a stain on its reputation is testimony enough to its credibility. Every Australian online casino gives its players the option to use NETELLER. You will find that NETELLER is constantly striving to make the product safer and more convenient to use. It also offers quick and efficient customer support.
The main reason that NETELLER is a top banking options for Australians is that it permits transactions in Australian dollars. NETELLER is very easy to use. You can open an account in a few simple steps from the web site. Australian players can fund their accounts through a number of options including credit cards and bank transfers.
Australian players will find depositing funds through NETELLER extremely easy. You access the Deposit section of the online casino cashier, click on NETELLER and enter the deposit amount. Follow the menu driven instructions to complete the deposit. Players who have made the deposit using this option can withdraw their winnings to their NETELLER account. You have to access the Withdrawal section of the online casino cashier, enter your withdrawal amount, select the NETELLER option and fill in all the details required. Online casinos may take up to five days to process NETELLER withdrawal requests. The funds will be in your NETELLER account as soon as the processing is completed.
