Neteller used to be a specialist in online casino deposits

Here at casinos.ie we often talk about the importance of thinking about your online casino deposit method and we run regular features about the possible methods and today we shall take a look at Neteller. The unusual thing about Neteller is that it has in the past been a specialist in the funding of online gambling accounts particularly in America so funding your online casino with Neteller is not a new thing as people have been doing it since 2000 and by 2005 is reported to have been processing 80% of the gambling payments across the world. The company was established in 1990 in Canada but in 2004 moved operations to the Isle of Man. Unfortunately for Neteller most of the casino deposits it handled were in the USA which meant that when online casinos were banned it took a major hit in income which meant they had to expand into other areas. Today if you play at an online casino Neteller is a great option for making your deposits and withdrawals but of course Neteller can also be used for any other form of online transaction. Neteller is keen to point out that it is not a bank and is therefore obliged by the UK Financial Services Authority to keep more than 100% of people’s cash balance on hand, therefore your money is always safe and available. As Neteller is not a bank it also does not supply credit which is good for online casinos as you can never spend more than you have in your account. There are a number of e-wallets but Neteller is one of the better ones and nearly all online casinos will accept Neteller casino as a deposit method and of course there are no charges although there may be a fee for you if you use a credit card to make deposits into your Neteller account.