NETELLER vs. Visa Credit

Starting an online casino venture isn’t an easy task, especially when excellent banking options like VISA and PayPal are in the mix. While there are plenty of things you need to look out for when registering at a new online casino, the payment methods are near the top of the list! Having a nice set of options can make or break your overall gaming experience. They’re often the starting point that decides the waiting times you’ll face, the fees you’ll have to pay, and even the bonuses you’re privy to!

If VISA or Neteller happen to be available at the casino you’re visiting, you’re in luck! Both of these methods come with great perks attached, so no matter which one you choose, you’re in for a treat! Naturally, this doesn’t mean that the two methods are equal. These payment options might have some similarities, but they couldn’t be more different in some regards! What makes these options such a go-to choice? Why choose VISA or Neteller as your payment methods at an online casino?

About VISA and Neteller

It’s no secret that services are among the biggest payment options currently available on online casino sites. Both of these options are a staple in most gambling operators, and there’s a good reason for this! These options are incredibly well-established. They’ve been around for decades, giving them more than enough times to prove their worth and gain the trust of players. Most people know that VISA and Neteller are safe, reliable, and convenient. Although they’re very different, they’re still similar enough where it counts!

We’ll give you a bit of insight into these world-famous payment methods, starting with VISA. Established in 1958 as a Bank of America project, VISA is a credit card program that’s been through it all! In the beginning, the program had a simple job. It was meant to process the bills of users across businesses, taking away the burden of them doing the work themselves. Naturally, it was a whopping success that brought incredible innovation to banking as a whole!

Today, VISA is one of the leading bank cards worldwide. Not only is it available as a payment option in most entertainment venues, but you can find it across supermarkets, small businesses, gas stations, and even massive financial institutions! It encompasses nearly 50% of credit cards in Europe and the USA, and is the most widespread payment network everywhere! There’s a reason why this method’s growth has been astronomical, and it’s the dedication to top-notch security. From complex SSL encryption to two-factor authentication systems, VISA’s safety is unrivaled.

As a casino enthusiast, we’re sure you’re wondering about the availability of this payment option in some of your favorite operators. We’ve got great news for you! VISA is incredibly widespread, so you’ll find it available in nearly every reputable online casino out there. We’re sure it won’t take you long to spot the recognizable logo at the bottom of the page.

Unfortunately, there are some exceptions to this. The service isn’t available for casinos in the UK due to recent legislative changes. The can be said for Germany. The country has recently placed similar bans on credit cards, making it impossible for users to enjoy the convenience of this option. If you don’t reside in these countries, you should have no issue using a VISA card. The service is available internationally, so unless you’re one of the unlucky few that reside in the aforementioned countries, you’re privy to all the goodies that come with using the service.

Now, it’s time to move on to the other big-name payment service included in this text – Neteller! Much like VISA, Neteller has been around for a while now. The service got its start around 1999, launching as one of the premier products of Paysafe Group PLC. Alongside its sister products Paysafecard and Skrill, Neteller made a splash on the eWallet market! The service offered users an easy way to transfer funds through the internet, which made it an instant favorite for millions of users worldwide!

It’s worth noting that Neteller has gone through many changes over the years. The service is known to grow and adapt to changing trends, improving its offer and strengthening the trust it has with users. One great example of Neteller stepping up to the plate comes from the early days of the service. In the start, the service came with large fees attached to transactions. Of course, users weren’t too keen on these and demanded they be reduced. Instead of ignoring the issue, the company listened to these complaints and worked on a solution. These days, you’ll find that these fees are reduced drastically!

The availability of Neteller is nearly as impressive as that of VISA. Except for about 50 countries, this service is a viable option pretty much everywhere in the world! Some of these countries include Costa Rica, Canada, China, England, and the Isle of Man, where the service has fully-operational offices. The diverse teams of employees working for the company are a big part of what makes it an excellent brand. It’s always open to new ideas and improvements, and it has just the people to push for much-needed innovations!

Getting Started with the Two Solutions

Given the vastly different natures of these two solutions, it’s easy to see that setting up an account with them takes a different approach. Players will need to take a more hands-on approach when using VISA, and a more laidback one if they opt-in to use Neteller.

With VISA, you probably already know what to expect. Since the service is a credit card, you’ll need to visit a bank to request a card. To do this, you must already have an account at that bank or set up a new one in your name. The good news is, you shouldn’t have a problem requesting a VISA credit card in most banks. The bad news is, depending on the bank itself, this process can be a bit complex and unnecessarily drawn out.

Here’s how you can expect the process to go in most banks. Once you request the bank to issue a card, you’ll be given an application form to fill out. As expected, you’ll have to enter your personal details, provide the correct identity verification documents, and choose your card type. Here’s where things start to vary. After submitting everything, you’ll need to wait before your card is ready. While this usually takes about a week, it can take longer. When ready, you can pick up your card on the spot or have it mailed to you.

It’s worth noting that while eWallets are much more convenient when online banking is in question, you can get plenty of the same perks with a traditional bank card too! Make sure to request access to your bank’s online banking service to help keep track of your transactions, account balance, and more! A lot of the time, you can also do this on mobile devices that run Android and iOS.

Getting started with eWallets like Neteller is a much easier process than requesting a bank card. Mainly, this is because you can set everything up from the comfort of your own home! To register a Neteller account, you’ll need to pay a visit to its official website. Once you’re there, click on the sign-up button and start the process. Things are kept pretty simple here. You’ll need to fill out a form with your personal information, agree to the Terms of Use, and verify your identity. For that last part, Neteller uses a unique two-factor authentication tool with a secure ID code.

Once that’s out of the way, you can move on to the fun part, funding your account! Players are privy to many different options here. You can use services like BOKU, Neosurf, Euteller, Yandex, MuchBetter, Eps, Trustly, Paysafecard, and many more to top up your balance and get to business! One thing players should watch for here is the limitations. Each of these solutions comes with different fees and transaction limits. Before choosing one, make sure to learn more about what they have to offer.

On top of these more traditional options, players can also use cryptocurrencies to fund their balance. Not only that, but they can process crypto transactions easily through Neteller in general! If you’re a fan of these modern solutions, it must be good to hear that buying and selling crypto is a viable option here. What’s better, the service accepts over 30 different cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and Bitcoin Cash!

Using VISA and Neteller Across Online Casinos

As we’ve already mentioned throughout this text, both VISA and Neteller are insanely popular payment solutions that are accepted pretty much everywhere. Of course, this includes online casinos! It shouldn’t be hard finding an online casino that accepts these methods. We suggest going for your favorites and comparing notes. Make sure the operator you choose is the right fit for you and continue with your preferred payment method.

If you’ve chosen to fund your online casino using VISA, here are the steps you’ll need to take:

1. From the list of offered payment solutions, click on Credit Card/Cards. 
2. Find the VISA logo and click or tap on it. 
3. Enter the required card details, meaning the card number, cardholder, expiry date, and the CCV2 code, if needed. 
4. Confirm your transaction, and in a few minutes, the money will arrive on your online casino balance. 

If you want to use VISA as a withdrawal method too, you’re in luck. Most casinos that accept VISA deposits usually list it on the withdrawal page, as well. While this might be true in many cases, you should still check with the casino as a precaution. Withdrawing using this method follows the same steps as depositing. Once you request the withdrawal, you’ll need to wait a few days for the transaction to be cleared. Typically, this takes between 3-5 days. Players should take note that this doesn’t include the casino’s withdrawal processing time.

When using Neteller as their preferred deposit option, here’s what players need to do:

1. Visit the casino’s Banking/Deposits/Cashier page. 
2. Look for Neteller’s logo on the list of accepted methods and click or tap on it.
3. In the new window, use your credentials to enter your eWallet account, meaning your Account ID, but don’t forget to also add the Secure ID number.
4. Specify the amount of money you’d like to deposit and confirm your request.
5. The money will arrive on your balance within seconds!

Much like deposits, Neteller withdrawals are pretty easy. The process is essentially the same, with one small difference. Instead of finding the service’s logo on the deposit page, they should look for it on the withdrawals page. Once the request goes through, you’ll need to wait for the casino to approve and process it. Once Neteller takes over, it shouldn’t take too long to see a change in your account balance. The waiting time until the money arrives is no longer than three days.

Advantages and Disadvantages

You probably already have an idea in your head about how these two solutions work in the online casino space and how they can help make your online gaming journey easier. Still, it’s best to summarize the pros and cons they come with one more time before you make a final decision.

VISA’s biggest strength is easily its availability. There’s practically not a place where it’s not accepted! Of course, we’re not just talking about online gaming. This bank card is a viable option in pretty much every industry, so whether you’re grocery shopping or filling up gas, you can use it at your leisure to make safe payments!

While its strengths are undeniable, it does have a few cons that players should be mindful of. First and foremost, VISA isn’t the fastest method out there, especially when withdrawing. While deposits are mostly instant, withdrawals can take several days. On top of this, the card is banned in online casinos in locations like Germany and the UK, so if you reside in these regions, you’re out of luck.

Like VISA, Neteller is also a widely accepted payment method that reaches far beyond the world of online gambling. Using it as a multi-purpose payment solution shouldn’t be an issue, and the processing speeds it comes with are nothing to scoff at either! Of course, this eWallet is a great option for users that want to keep their banking details to themselves. Through the use of Neteller, all a casino is privy to is your name.

The cons of using this option are apparent when funding the eWallet comes into play. Depending on the method you use to fund it, you might need to pay a fee. That’s not the case with all payment options, but it’s something worth noting.

No matter which one of these excellent options you choose, we don’t doubt you’ll be satisfied. Both of them are perfectly safe and convenient ways to access online casinos, and both offer perks that extend far beyond the world of online gaming!