Is Neteller trustworthy?

NETELLER was originally serviced by Optimal Payments Limited which was founded in 1999. It seems that the company has been renamed as Paysafe Financial Services Limited, a wholly-owned subsidiary of Paysafe Group PLC. For over a decade, NETELLER has been supplying individuals and commercial enterprises with a secure method of moving money from one place to another in a way that is both quick and easy to execute. Today, NETELLER is one of the world’s largest independent money transfer businesses, processing more than $1billion worth of transactions each year.

Of specific importance is the fact that Paysafe Group PLC is authorized by the Financial Conduct Authority (FCA) for the issuing of electronic money. NETELLER maintains the highest standards for their services around the world using advanced physical and electronic security measures and Anti-Money Launderings protocols such as 128-bit encryption technology, identity verification and real-time transaction monitoring to ensure total protection from identity theft and fraud.

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The company has several branch offices including two in Canada, one in New York and two London offices, as well as offices in Mauritius and Isle of Man.

eWallet

The NETELLER eWallet or digital wallet is straightforward to set up and is used for both deposits and withdrawals. There are many options for funding the eWallet account, including free debit card deposits, local bank deposits, credit cards, international bank transfers, and many other local options.

NETELLER offers low-cost options for depositing money into your eWallet account or into a merchant’s account. Fees for taking out money with one of their withdrawal options or costs for transferring funds to an individual are far below standard charges. Cashing out from a merchant site can be done directly to your eWallet without any charge for the transaction. Transfers from members to members are also free.

With the NETELLER eWallet, payouts are immediate for both personal and business members and with the option to have payments 100 percent indemnified from customers worldwide, businesses are protected from chargebacks. The transaction limit at NETELLER is $50,000.

One of the biggest advantages of NETELLER is that users can send money to other people or companies who don’t have a NETELLER account. Recipients will receive an email that they have funds waiting and they can access the funds as soon as they open a NETELLER account. There will be no bounced payments or additional fees.

Net+ Prepaid MasterCard

Another transaction option at NETELLER is the Net+ Prepaid MasterCard which looks, acts, and functions like a traditional debit card and credit card. The card is linked to the balance in your NETELLER eWallet account. After loading the card with funds, you can make withdrawals at ATMs and purchases at any POS location that accepts MasterCard. There are no annual, monthly, or dormancy fees with the Net+ Prepaid MasterCard and no credit checks are required in order to qualify. Because it’s a reloadable prepaid card, you’ll never pay interest, overdraft or late payment fees when you use it and since the card only lets you spend the money available in your account, there is no risk of accumulating debt.

NETELLER is one of the preferred payment methods for Forex traders. The eWallet is available in 13 languages, 19 currencies and offers a host of local options for depositing and withdrawing money online in nearly 200 countries. Together with the Net+ Prepaid MasterCard which uses 8 different currencies--GBP, USD, EUR, CAD, SEK, DKK, AUD, and JPY-- transferring funds for Forex trades anywhere in the world is convenient and reliable.

Using your eWallet to accept payouts from individuals or other sites and the Net+ card to instantly access the funds in your account at ATMs worldwide is a great combination for moving money for any reason from wherever you may be.

Earn Money

Making transfer transactions at NETELLER can also be a money-making event. The NETELLER VIP program is based upon the transfer activity in a member's account. There are five VIP levels--Bronze, Silver, Gold, Platinum, and Diamond and members are automatically awarded as soon as they reach an activity requirement. A clear table outlining all the relevant information for each account is presented on the NETELLER website.

There is also a Reward Points program where you can earn rewards each time you use your eWallet to move USD or equivalent funds in or out of your eWallet. The points are rewarded according to the VIP account you have signed up for. When you’ve built up your points balance, you can redeem them for electronics, gift cards, and even cash credited to your eWallet.

Conclusion

The NETELLER website is well organized and easy to navigate. Information is presented visibly in a manner that invites trust and confidence. A comprehensive FAQ page provides precise explanations of how the NETELLER programs work and how to get started and email, chat support, and phone services are available 24/7 to 13 countries. Fast deposits and withdrawals, secure transactions, and friendly support make NETELLER a high-quality online payment service for both individuals and businesses.