Neteller has become the most popular online payment method to use at online casinos due to all the credit card laws from various countries. But that is not the only reason to think about using it. Neteller has a load of advantages and is really easy to set up and implement.
They have various options for you to fund your Neteller account. The easiest would be using your credit card, because this is processed in real time and you will be able to use your money immediately. They also have other options to fund your account, like: Online Check (EFT), InstaCASH, Bank Wire and Internet Banking. The Internet Banking method is very useful for European members from the following countries: United Kingdom, the Netherlands, Denmark, Finland, France, Germany, Norway, Spain, Sweden and Turkey.
Another feature of Neteller is their ATM card, which allows you to withdraw your funds from almost anywhere in the world at an ATM machine or use it at any retails points-of-sale, because they are connected to the Cirrus/Maestro network.
So, using it to fund your casino account is perfect, because it is instantly cleared and many casinos even offer you an extra bonus for using Neteller and your winnings are also credited to you Neteller account mostly within a day or two. You can then either use this money to play at other casinos, or withdraw it by check or wire transfer or leave it there and use the ATM to spend it.
You can also transfer funds from your Neteller account to other people using simply their Email address. They do not even need to be Neteller members for you to send them money. If they do not have an account, they will be sent an email to explain how they can receive the money you sent. If somebody wants to send you money to your Neteller account, all you need to do is let them know which Email adress you are using.
Used properly, Neteller can basically become an extra banking account for you.