CASHlib vs. NETELLER

Global online casinos are often faced with the difficult task of choosing the right payment method to use, considering the casino is usually based far away from home, and in such cases, CASHlib and Neteller are great options. The two are alternative payment solutions accepted in different countries across the globe, so suited to players from many places. When in doubt about the method to use, make sure you consider these two, as they will provide you with more perks than you can count, among which fast and convenient deposits. What are the other reasons to choose CASHlib or Neteller as your payment method at an online casino?

About CASHlib and Neteller

The first thing you need to know about CASHlib and Neteller, other than the fact that they are both alternative methods, is that they are completely different payment solutions. The former is a voucher system, while the latter a global eWallet. And even though they have a few common countries on their list, they are actually available in different countries across the world. That’s why they are suited for and attract a different user base, but you can rest assured that they are used by millions, due to all the perks they can offer.

CASHlib has been launched for the European market. It went live in 2015, and from the minute it was launched, it became an instant hit, mainly because it allowed users to purchase it both offline and online. Rare are the vouchers that provide you with this convenience, considering most can only be purchased across land-based retail stores. But when CASHlib appeared, it solved many voucher fans’ main problem they were facing and allowed them to purchase it online, too. So, unless you do have to leave the house for a different reason and manage to purchase the voucher in the meantime, you won't need to step foot outside, since you have an online platform where you can purchase the voucher online. This is one of the main reasons why CASHlib is quite the hit across online casinos, too, because of the fact that players can purchase their voucher online and use it right away to fund their balances.

Now, when it comes to its availability, as mentioned, it is available in several European countries and their overseas territories. It is available in the UK, and quite popular there, if we may add, considering a credit card gambling ban applies on the market and alternative solutions are a must if you want to gamble online. It is also available in Germany, where similar restrictions exist, the Netherlands, Poland, Luxembourg, Spain, Belgium, France, French Guiana and Guadeloupe.

Neteller has been around way longer than CASHlib since it first appeared in 1999. It is led by one of the most renowned financial companies, Paysafe Group, the name behind two other hit methods across online casinos, Paysafecard and Skrill. The eWallet is, without a doubt, one of the most used and most popular payment methods across online casinos. Seriously, you will find it listed across more than 1,000 casino sites, which is the case with rarely any other method. This is because it offers its internet funds transfer service to and from any place in the world. Actually, its accepted countries list counts over 150 countries and territories, and its restricted countries list only 50. Therefore, you can consider it as a truly global method, one that can be used by millions of users, from anywhere across the globe.

Its secret is, the solution keeps on evolving and adapting to current trends. When it was first launched, for instance, the fees it charged were huge, and that’s why it wasn’t an instant hit. But as it saw that users would prefer lower fees, it made sure to provide them with over 100 different payment methods to fund their accounts and cash out money from these accounts, which arrived with different fees, to suit anyone’s preferences. So, today, you may even find methods that are fee-free and use the eWallet without paying any extra charges.

Even though based in the Isle of Man, Neteller grew throughout the years and expanded its business in other countries, such as Costa Rica, Canada, China, and England, and with that, the team behind it became multinational, providing different perspectives on how the solution should work. That’s what contributed to its brilliance, and what made it a truly global payment method, ready to cater to any person, business, industry in the world. Do your research and you'll see that it is ranked among the top eWallets available out there, so if ready to discover more about it, follow our lead.

Getting Started with the Two Methods

Considering the two are fundamentally different payment methods, you would need to go through different procedures to get started with them. But we’ll guide you through them.

To get started with CASHlib, the first decision you’d need to make is whether you’d want to go outside and purchase the voucher offline, or stay inside and purchase it online. Bear in mind that the decision does not necessarily depend on you, but your country of residence. The online purchasing option is actually only available to players from France, Luxembourg, Belgium, the UK and Spain. The purchase can be done through the BeCharge platform. So, if a player from any of these countries, you can start dwelling on your decision. If not, the decision has been made for you, and you’d need to purchase the voucher at a land-based store. To do that, go to CASHlib’s official website and explore the nearest retail stores where you can purchase your voucher, by entering your address in the locator tool.

Regardless of whether you’re doing it online or offline, the voucher arrives in several denominations, from €10 to €250. Don’t get discouraged if you’re a high-roller, because €250 is not all you can deposit at an online casino. You’ll have the option to combine up to five vouchers and make a €1,250 deposit with it. Now, that’s something, isn’t it? Once you purchase your voucher, you’ll be given a 16-digit code which you’ll need to use to complete a transaction. So, keep this code safe, as you’ll need it when depositing at an online casino.

With Neteller, the procedure would be quite different. You would need to visit its website and press the Sign-Up button to start the registration process. A new window will open where you’ll need to enter your full name, gender, date of birth, home and email addresses, and choose the default currency of your soon-to-be-active eWallet account. After you accept the Terms of Use, you'd further need to provide a copy of an ID document to verify your identity, and with that, your account will be ready to be used and you'll have full access to Neteller’s services. Unverified users do not have that privilege. So, after you do all of this, Neteller will send you a Secure ID code, which will be with 6 digits, and which you’ll need to use for a two-factor authentication when depositing with it.

As mentioned earlier, to fund your eWallet account, you would have over 100 payment methods at your disposal. Not only can you use over 28 currencies, but you can also use cryptocurrencies. That’s right, Neteller now allows the buying and selling of crypto right there from your eWallet account. Therefore, some of your options for topping up your account and cashing out funds from it would include Bitcoin, Euteller, Neosurf, Yandex, AstroPayCard and Trustly.

Other popular options you can use would include Rapid Transfer, BOKU, POLi, Giropay, Przelewy 24, and of course, Skrill and Paysafecard. As mentioned, these methods come with different fees, so you’d need to go over them to decide on which one would suit you best. After your eWallet has been founded, you’ll be ready to make deposits with it across online casinos.

Using CASHlib and Neteller Across Online Casinos

After you’ve purchased your voucher or created your eWallet, the next step would be finding a casino where you can use CASHlib or Neteller. CASHlib is available in more than a hundred casinos, while as mentioned, Neteller in over a thousand. Therefore, you’ll have more than enough sites to explore to find the one that would be the right one for you. Just join the casino of your preference and you’ll be ready to make your first deposit.

To make a deposit with CASHlib, you would need to go through these simple steps:

1. Visit the online casino’s Cashier/Payments/Banking page.
2. Locate CASHlib’s logo on the list of accepted solutions and press it.
3. In the pop-up window, just enter the 16-digit code.
4. In an instant, the money will arrive on your balance.

As you could see, there are only four simple steps you’d need to make to fund your online casino balance with the voucher. Unfortunately, though, you cannot cash out winnings from your account with it. Due to its nature of a voucher, it cannot process transactions the other way around. There’s no return address where a casino could send the withdrawal, so when depositing with it, have a different withdrawal method in mind to cash out your winnings.

This won’t happen if you’re using Neteller, though. Considering you create an eWallet account with it, you do have a return address to provide the casino with to send you your winnings. So, Neteller is accepted for both deposits and withdrawals. Let’s see how you can fund your balance with it:

1. Head over to the casino’s Cashier/Payments/Banking page.
2. Find Neteller’s logo on the list of offered methods and press it.
3. In the new window, log into your eWallet account with your 6-digit Secure ID and, of course, your Account ID.
4. Enter the amount of money you’d like to deposit and confirm your request.
5. Neteller will process your deposit within seconds.

When it comes to withdrawals, they are an option, as we said, but they won’t be instant. In fact, you’d need to request a withdrawal going through a similar procedure as just described, and wait for the casino to approve the request. The casino must check if all is in order, and after it approves it, Neteller will process it. Your winnings should arrive on your eWallet account within three business days.

Advantages and Disadvantages

It is fairly obvious that CASHlib and Neteller are entirely different, and as such, that are suited for different types of online casino players. The advantages and disadvantages they both come with are pretty evident, but let's go through them together.

CASHlib is a voucher that can be purchased both online and offline, and that’s its strongest suit. It is available in several European countries and their overseas territories, and that’s another plus. You don’t need to share any personal details to purchase it, and you won’t need to pay any fees. It comes in several denominations, and the most you can deposit with it at one time is €1,250. Deposits, on that note, are instant.

But this brings us to the withdrawals, which are not an option, and that’s the biggest disadvantage with it. That, and the fact that there’s a transaction limit that most players won’t like. Add to that the fact that it is not purchasable online across all of the eligible countries, and you’ll notice the downside.

Neteller, on the other hand, is a global eWallet with only 50 countries on the restricted list. It has been around for ages and it is accepted across more than 1,000 casino sites. You can make both deposits and withdrawals with it, and that’s why players choose it over any other. That, and the fact that it can process crypto transactions. You can fund your account and cash out funds from it using over 100 payment methods and 28 currencies and cryptocurrencies. It is easy to get started with and use, and operated by one of the biggest financial companies.

However, it does come with one drawback when compared to CASHlib, and that’s the fact that you’d need to pay fees when using most of the methods for funding your account and cashing out money from it. Sure, there are such methods that are fee-free, but they are not really available to anyone across the globe.

Therefore, make sure you compare the pros and cons these two methods offer to see which one would work better for you. The choice is yours, but whichever that would be, it won’t be a poor one.