Flexepin vs. NETELLER

Whichever casino you choose to join, it will offer you a long list of payment methods, but when you find one that offers Flexepin or Neteller, stick to it. These are some of the most popular solutions offered nowadays across online casinos because they offer quite a convenient way to transact money online safely and easily. The two are pretty much different, offering different services, but are both alternatives to traditional banking. And, most importantly, the number of casinos that offer them is getting bigger every day. Why choose Flexepin or Neteller as your payment method at an online casino?

About Flexepin and Neteller

Flexepin and Neteller, as introduced, are two popular payment methods offered across online casinos. Both are alternative solutions that provide online casino players with a more convenient way to transact money than with traditional methods.

As such, they are perfect for those players who don’t wish to share banking details with a casino, or don’t want to/cannot use a credit card to fund their online gambling. What's great about them both is that they are available to players from many countries across the globe and many casinos. So, stay with us to learn more about them and you'll see whether one of them would suit your needs and preferences as an online casino player.

Flexepin is a global voucher system, that has been launched by a FinTech company, called Novatti, which is based in Australia and is operated by Flexewallet. It was launched a few years ago, in 2015, and has been improving its services ever since. One of the things that it makes it stand out from the rest of the vouchers available across online casinos, is the fact that it can be purchased both offline and online. This is its strongest suit, this, and the fact that users can use both fiat and digital currencies to purchase it.

When it was first launched, the company behind it wanted it to become a leading national method, available to all of those Australian users who wish to use alternative banking. However, soon, the solution reached Canada and it actually was a huge success there, with over 14,000 retail points established for users to purchase it. As years passed by, the solution became available in other countries like the UK, South Africa, India, Malaysia, Switzerland, Brazil, Germany, and Italy.

But what makes it different from other vouchers of its kind? Well, the solution uses high-end security measures to protect your funds, plus it is licensed by both the Australian Securities and Investment Commission and the Financial Services in the country. It is fully regulated, and not only that, but it uses a 16-digit code to authenticate your transactions. Additionally, if you visit its website, you will see that it has created a dedicated page explaining how to protect your money, with 5 golden rules to follow. Overall, you can rest assured that this is a completely safe solution to use, worth trying, for sure.

Neteller, on the other hand, is an eWallet. It was quite revolutionary when it first launched in 1999 since there were not that many eWallets available back then which offered the same internet funds transfer service. And since it was offering quite an inventive and new service, it naturally started with some really high fees. For the convenience it offered, Neteller charged users some really insane fees, but with time, it lowered them, as new eWallets started appearing left and right, offering the same service, and it needed to keep track. But Neteller managed to stay above them all, and it is still one of the most popular eWallets available out there.

The most important thing you should know about it is that it has Skrill as a sister product, another eWallet that offers a similar service and is used by thousands of online casino players, and Paysafecard, a solution preferred by many players. All are operated by one of the most powerful financial companies out there, Paysafe.

And as such, it should not surprise you that it is a solution that has reached countries all across the globe. In fact, there’s only a short list of around 50 countries that do not offer its services, but the rest of the countries over the world, all do. That’s why Neteller, although headquartered in the Isle of Man, operates with offices in Canada, China, England and Costa Rica.

And when it comes to its availability across the online gambling industry, it is absolutely unrivalled. Neteller is definitely one of the most popular, most in-demand, most used payment methods out there. The entire gambling industry loves it, and that is why you will see it offered across most leading online casinos, if not all. Keep up with us to figure out how to get started with it and use it as your payment method. 

Getting Started with the Two Methods

You would need to go through different procedures to get started with Flexepin and Neteller, and we’re here to guide you through both. As you will see, though, these are not complicated procedures, as you won’t be sharing any banking details nor be making any confirmations with your bank.

To start using Flexepin, of course…

… you would need to purchase your voucher. And to do that, you'd need to decide whether you want the purchase to be offline or online. If you're out and near a GAS+, Hasty Market, Daisy Mart or BP, you can feel free to purchase your voucher offline, by simply giving the desk clerk cash and be done with it. These are just some of the hundreds of reselling points, shops, gas stations and kiosks you can visit to purchase the voucher offline.

But if you want to do it online, you would need to either go to Flexepin’s official website, register an account and purchase it from there, or visit sites like DPO Think Payments, Korsit BV, SCDKEY, TopMeUP or SEAGM, among others. Online, you can purchase the voucher using cryptocurrencies, such as Bitcoin, or fiat currencies like UK pounds, euros, Canadian dollars, Australian dollars, and US dollars.

There will be several methods you could use for the actual online purchase, such as PayPal, Maestro, MasterCard debit card, JCB, VISA debit card, and AmEx. Vouchers come in denominations from $20 to $500, and you can deposit with them up to $5,000 since you can combine up to ten of them at one time. Upon purchase, you will get your 16-digit code, which will be the key to transacting with your voucher, so keep it safe and away from wandering eyes.

To get started with Neteller…

… you would need to visit its official website. Locate the Join for Free button on its homepage, and a new window will open where you’ll need to enter your full name, country of residence, preferred currency, email and password, to register your account. By registering, you’re confirming that you’ve read and you accept the Terms of Use.

Next, you’d need to provide the needed ID documents to verify your identity, and soon, you’ll receive your Account ID and Security ID code, and you’ll be able to start using your eWallet account. Now, the next step, of course, would be funding the account.

You can use all kinds of payment methods to do so, including the two sister products Paysafecard and Skrill. Other options you have are Yandex, Neosurf, iDeal, BOKU, and Euteller, all of which are also very popular payment methods.

QIWI, POLi, Eps, Trustly, and Rapid Transfer will also be your options. But so will Bitcoin and Ethereum, among other cryptocurrencies. That’s right, as of a few years ago, Neteller has started offering users the chance to buy and sell crypto via their eWallet accounts, using more than 28 currencies. So, you can do that as well!

We should mention here that, with most of these methods, you would need to pay fees for funding your eWallet and cashing out money from it. There will be some fee-free options, but you would need to explore Neteller’s official website from the country you’re playing, to check out which options would be available to you.

Using Flexepin and Neteller Across Online Casinos

We mentioned that Flexepin and Neteller are extremely popular options across online casinos, but let’s clear that out completely. In fact, Flexepin is offered across around 180 online casinos, while Neteller across, believe it or not, over 1,060 sites! So, when looking for a casino to join which accepts either of them, you will see that these are all leading casinos that you can join right away, without second thoughts about their safety, reputation or trustworthiness.

As soon as you find the casino for you, to fund your account with Flexepin, you would need to do the following:

1. Visit the casino’s Payments/Cashier/Banking page.
2. On the Deposits list, find Flexepin and click or tap on its logo.
3. Specify the amount of money you’d like to deposit.
4. Confirm your transaction by entering the 16-digit code.
5. The money will arrive on your balance immediately!

Even though deposits with Flexepin are, as you can see, instantaneous, the solution does not work for withdrawals at all. Considering its nature as a voucher, it cannot process payouts, since there’s no return address. And since the transactions with it are one-way only, this is the reason why many players refuse to use it, because of the need to look for an alternative method to cash out their winnings.

Neteller, thankfully, is an option for both deposits and withdrawals. Deposits with it are instant, and done in the following way:

1. Head over to the casino’s Payments/Banking/Cashier page.
2. Look for Neteller’s logo and click or tap on it.
3. Use your Account ID and Secure ID to access your account.
4. Enter the amount of money you’d want transferred to your casino account.
5. Confirm the transaction and watch the money appear on your balance instantly!

The fact that Neteller processes withdrawals is, of course, great. It further helps its case the fact that withdrawals are done pretty much the same way as deposits. But what disappoints players when it comes to it is the fact that withdrawals sometimes take up to 3 business days. That’s a lot, especially for a global and popular eWallet like Neteller. If looking for faster solutions, you could explore using cryptocurrencies instead, as withdrawals with these are near-instant.

Advantages and Disadvantages

Even though quite different payment solutions, Flexepin and Neteller do have some shared values, which we consider advantages. They are both methods available in many countries across the world, so players from different regions of the globe can use them as payment methods across online casinos. Speaking of, so many online casinos accept these methods. You’ll find Flexepin in around 180, and Neteller in over 1,060 casinos, and that’s truly amazing.

And most importantly, they both can provide you with instant deposits, should you choose to use them. As an added benefit, you can use both fiat and digital currencies when using them across online casinos.

On the other hand, this is where the two methods differ. No withdrawals are possible with Flexepin, and that’s its major disadvantage. And while Neteller does process withdrawals, those withdrawals take up to 3 days with it, and that’s its main downside.

And on a separate level, we should emphasize the fact that, compared to Neteller, Flexepin’s availability across countries is more limited. On the other hand, while you don’t need to pay fees to purchase and use Flexepin, to fund your Neteller eWallet and cash out money from it, some fees will apply, depending on the methods you choose to use.

Regardless of these minor inconveniences, as you could see, both Flexepin and Neteller would do perfectly as your payment methods across online casinos. They are accepted across the top casino sites, they offer instant deposits and transactions with both fiat and digital currencies. What else could one ask for? So, give them a try, and you’ll see the level of satisfaction you’ll get!