NETELLER online payment service review

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NETELLER online payment service review

NETELLER is one of the most popular payment systems for money operations on the internet. Established in 1999, NETELLER is available to both the Russian market and CIS countries, and is acknowledged as a viable payment system by more then 200 countries all over the world.

To use NETELLER all you need to do is to complete a simple registration process. I recommend using legitimate data from the very beginning, so you are unlikely to encounter any problems later on in case you are required to send copies of personal documents – as is required to use the full set of functions available.

Deposit and money withdrawal

You can top-up your NETELLER account via card or bank account payment, and also via Moneta.ru payment system free of charge! One significant drawback to NETELLER is the inability to withdraw money to your credit/debit card account, which is the most convenient withdrawal method for most poker room clients. Money withdrawal to a bank account or via cheque is possible.

As compensation for this, there is another way to manage your money. The system user has the option to order a Net+ Prepaid Mastercard that is bound to your NETELLER account and lets you withdraw your money via cash machines or pay for your purchases anywhere where credit/debit cards are accepted. It is a good alternative to your credit/debit card. Using this scheme lets you withdraw money straight to your card and pay for you purchases in shops or just withdraw cash via cash machines in your country. account and allows you to withdraw money via cash machines, or pay for your purchases anywhere where credit or debit cards are accepted. Fortunately, the card is available to clients in Russia as well, and is valid for a three year period. It is an good alternative to your credit or debit card. Using this scheme you can withdraw money straight to your card, play for shop-bought purchases or just withdraw cash from cash machines. Withdrawal limits via cash machines with Net+ Prepaid Mastercards here

There are no fees for money withdrawal from poker rooms , which is a pleasant surprise, and a huge positive for most players.

Transactions, deposit and withdrawal fees:

- Net+ Prepaid Mastercard production and service – free

- Cash machine money withdrawal - $6 fee independent of withdrawal 

- Money transfer within the system – 1.9 percent (minimum $1)

- Currency conversion commission – 2.95 percent

Pros and cons:

Pros:

- No fees for deposit and withdrawal from poker rooms

- Net+ Prepaid MasterCard

- Top-up via Moneta.ru free of charge

Cons:

- The system is not anonymous

- No multi-currency accounts

- No money withdrawal to your bank debit or credit card

- Large fees for money transfer between participants