Learn everything you need to know about Neteller in New Zealand. Neteller is one of the best payment methods for kiwi bettors and gamblers.
To cut to the chase, Neteller sings its anthem from the same song sheet as its other rival payment providers. A digital wallet, Neteller assures its Aotearoa New Zealand customers a secure, stress-free, and swift gateway to make payments alongside millions of account holders who subscribe to its global service. It’ll take Kiwi gamblers three easy steps to belong to this global tribe:
Now under British conglomerate Paysafe Group, Neteller’s roots go back to Canada in 1999. Not a bank, Neteller began a rapport with the gambling industry in 2000, processing 85% of the global merchants’ online transactions. The appeal for wagering New Zealanders is that it deals in 26 key currencies and presents a dock whereby cash can be loaded instantly into an account from a bank, debit/credit card, or up to 40 other methods.
Neteller’s medium for transactions include buying and selling of cryptocurrencies as well as withdrawals. The e-Wallet provider offers loyalty and VIP programmes that Kiwis will be familiar with because it’s similar to the online casino ones. Adopting a “Join. Grow. Earn.” slogan, the payment provider throws in a Paysafe affiliate programme to create an additional revenue stream around Neteller.
The pear green website landing page of Neteller makes it easy for New Zealand iGamers to create an account, even if they are newcomers to the wagering playgrounds. Here is a step-by-step outline to follow:
It’s time to start window shopping on the Neteller account. The timeline above the account-creating process will keep Kiwis on track. By this stage you’ll have arrived at the “Explore NETELLER” of the “money in” phase. Here you fill out the windows of your credit card number, including the CVV (code verification value) number, expiry date, before saving those details. You then “add card & continue”.
During the exploring stage, you’ll encounter several buttons offering different payment options with a concise description alongside each one. Just as you do in selecting an online casino or sportsbook, our advice to Kiwis is to pick an option that is tailored to their needs. What suits a high roller isn’t ideal for casual players.
However, before you can engage in carrying out transactions, you’ll need to satisfy Neteller with one-off registration details. That includes your cell phone number; date of birth; postal address that discloses what city, town, or province you live at; the postal code and your nationality. Considering some residents of New Zealand are immigrants, they may not be asked their nationality if they belong to Neteller’s list of accepted countries.
On completion of fulfilling your requirement of supplying your personal data, the Neteller administrators will flick you a six-digit verification code via SMS (phone) or email. The code will only have a 15-minute life, so it’s imperative you confirm that before it expires. The next step asks you to establish a six-digit “Secure ID” of your own to enable you to login with and carry out some transactions, but they will be limited. The limitations will be disclosed during the time of executing a transaction.
We believe that Neteller offers additional security features that Kiwis should make the most of to ward off cyber scammers. Simply go to “Settings”˃”Security” to activate the “additional authentication methods” tab. On the right side of the dashboard, under “Account overview”, drop to the “account status” and click on the “Unverified” link. Then follow the four-step process that includes a request to link to your Facebook account. You can skip this if you don’t feel comfortable but doing so can help you bypass authenticating your personal identity.
New Zealand gamblers who don’t wish to go through the additional verification process can make deposits by simply clicking on the “Money In” option listed on the left flank of the dashboard. Neteller offers a variety of options for Kiwis to use, including bank transfers, debit cards and voucher payments, that enable them to use its e-Wallet to carry out transactions at online betting shops and casino sites.
The three-step process, after selecting your payment option, is elementary. If, for example, New Zealanders opt for a card (MasterCard, Visa derivatives), they’ll need to be mindful that it will confine them to using the merchants (casinos and foreign exchanges) Neteller lists. A window, “Purpose of Deposit”, will pop up to notify that “Funds deposited with [card] can only be used with the merchants listed here. You cannot use these funds for money transfers or with any other merchants.”
On the next two steps, Kiwis are asked to fill out their card details and the amount of money they wish to deposit. Depositing to online casinos is free but any other related processing fees are clearly indicated. So is the respective currency it will be handled in and converted to. If you make any errors, a “back” button on the right side of the “continue” one enables you to go back to amend the details.
The dashboard offers a green tab on the right flank for feedback from Kiwi customers who may have any issues. Barring that, you will find funds deposited in your Neteller account in a space of three “continue” tabs. It pays to know that if you’re expecting funds from another Neteller subscriber or digital merchant then you have no option but to complete the registration process.
For the record, New Zealand gamblers don’t require bank accounts or cards to carry out basic Neteller transactions although the type of payment they choose can warrant one. However, having a bank account also can help speed up your verification process. Do keep an eye out for online casino offers that offer juicy welcome offers via Neteller transactions.
It’s not much different from making deposits from Neteller. From an online casino, New Zealanders need to login to their accounts, click on to the “withdraw” tab, and from the ensuing pop-up window select Neteller. From there, indicate the sum of money you wish to transfer before confirming the withdrawal.
Once the withdrawal sum falls into your Neteller account, you can transfer it to your bank account or any other preferred e-Wallet. Again, those Kiwi gamblers who are familiar with online casinos and betting shops will know that withdrawals tend to take longer than near-instant deposits. No doubt, e-Wallets such as Neteller have some of the fastest withdrawal times if the account holders verify and follow the procedures as requested. New Zealand newbies may have to wait for up to five days for their maiden withdrawal, but it is, ultimately, for their own protection.
For those New Zealanders who have done their homework and linked their accounts, the methodology is elementary:
To put Neteller’s withdrawal fees in perspective, Kiwi gamblers must compare it with bank transfers that tend to come with a flat levy of up to $NZ10, or a money transfer that can put them back to the tune of 1.45%. Common sense suggests that New Zealanders need to be more purposeful in the sums they take out as well as keeping the frequency of withdrawals they make to minimise their costs.
Compared with the 2.5% the majority of other payment providers tend to charge, Neteller only levies a 1.45%, or a minimum NZ50 cents, fee for money transfers. However, those Kiwi iGaming enthusiasts who make deposits via other rival e-Wallets (such as paysafecard and Skrill) can face a 4.49% fee.
We understand if New Zealand gamblers see merit in subscribing to the services of Neteller. Our analyses reveal that the digital payment provider has its share of advantages and a few disadvantages that give it the edge over other e-Wallet rivals. Here are the some of the reasons why we believe Kiwis should consider before making informed decisions on whether Neteller is their preferred gateway for payments:
Ijeoma Esther is an iGaming content writer and editor with over a decade of experience in the New Zealand mobile casino industry. While initially diving into online casino gaming as a hobby, she soon found herself immersed in the enthralling world of mobile slot and live casino games.Through the years, she discovered that writing about her favorite pokies was just as fun as playing them.
As an iGaming content writer, ijeoma combines expert writing and research skills with her encompassing love for pokies and live casino games to put together some of the best and most in-depth reviews in the NZ mobile casino scene.When she’s not writing top-notch content about iGaming, she’s immersing herself in the thrills of her favorite pokies or researching the latest NZ latest online casinos to try out.