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Neteller

It’s evident how popular online cricket betting has become in India within the last decade. It’s easy enough to bet on a Virat Kohli century or an India Test victory. Punters are always searching for the quickest and safest payment methods like Neteller. 

In this guide, we’ll explore cricket betting sites that accept Neteller and explain why you should consider this payment type to fund your account on gaming platforms. 

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What is Neteller? - An Overview

Neteller is simply an e-wallet service with its own app that has existed for 25 years. Although it began in Canada, this one of the popular online payment methods has quickly spread across the globe and is used by millions, primarily for online betting. 

Indian bettors have rapidly caught onto Neteller for betting sites because sharing banking details with betting platforms to deposit and withdraw money is unnecessary.  Here are some its features.

Safety and Security 

This is one of the biggest factors that gamblers consider when choosing an online payment method, but Neteller does a solid job keeping data safe. State-of-the-art encryption helps protect every transfer and your account information, and 2FA adds an extra security layer with every transaction. 

Indian bettors also like the fact that you’ll never have to share bank account details or credit card numbers directly with the betting platform, as you can simply transfer funds using Neteller. 

Withdrawal and Deposit Fees 

When talking about deposit fees, then this payment system isn’t so different from any other online payment method. Almost any way you upload funds to your Neteller account will incur a 2.5% fee, although a standard bank transfer can be free, depending on your banking institution.  

The exchange between the e-wallet and the betting sites that accept Neteller will be free, but be aware of the fees when uploading funds to your actual Neteller account. It’s best to transfer as much as possible to your account so you only incur a deposit fee occasionally.  

This amazing payment system won’t charge a withdrawal fee if you wish to get money from the betting platform to your account. However, a small fee will be to transfer any winnings from your Neteller account to a bank account. Check the official website for a list of how you can deposit and withdraw money to your account. 

It’s also worth mentioning that there is a ₹400 fee if your Neteller account is inactive for six months and a 4.49% currency exchange fee. 

Speed 

The payment method has become increasingly popular, largely thanks to the processing speed of transactions. You can make quick and spontaneous wagers when using cricket betting sites that accept Neteller because money deposits are finished within seconds. Withdrawals rarely take longer than 24 hours, so at least you won’t have to wait long to collect any winnings after a successful wager. 

Anonymity 

Neteller’s anonymity is important because it has a major advantage over other payment types, and you don’t necessarily have to link your bank to deposit funds into your payment account. It’s fine to connect your bank account, of course, but it gives users the chance to have more privacy. You’ll never have to disclose banking details to the betting platform. 

Pros and Cons

Pros
  • Security is high with Neteller due to top-level encryption and 2FA.
  • Deposits are made instantly and withdrawals rarely take longer than 24 hours.
  • You have better anonymity because there’s no need to share personal data or banking information directly with the betting platform.
  • Neteller has had a trusted brand name since 1999 and is used by millions across the world.
Cons
  • The deposit and withdrawal fees can be a bit steep if you’re doing several money transfers per month.
  • Although dozens of sportsbooks widely use Neteller, some may not accept this e-wallet.

How to Deposit and Withdraw using Neteller 

Find the quick steps to deposit and withdraw using this banking option in this section. Follow them to enhance your betting experience on Neteller accepting betting apps or sites.

Quick Steps To Deposit 

  1. Choose a cricket betting site from our list.
  2. Pick Neteller as the payment option when depositing on the betting platform. 
  3. Enter how much you’d like to deposit into the betting account. 
  4. Input your Neteller login details and authorise the payment. It won’t take longer than a few minutes for the funds to show in your betting account. 

Quick Steps To Withdraw

  1. Visit the withdrawal area of the betting platform.
  2. Select Neteller as your preferred withdrawal option.
  3. Enter how much you would like to withdraw. 
  4. Verify your identity using the 2FA method. 
  5. Wait no longer than 24 hours to see the funds in your payment account. 

Is it worth it to use Neteller? 

For Indian cricket fans, using betting sites that accept Neteller as your preferred payment method is not a bad choice. The security is cutting-edge, the deposits and withdrawals are rapid, and there’s a strong level of privacy if necessary.  

The fees for currency exchange, inactive accounts, and deposits and withdrawals may discourage some users, but this brilliant payment method is not much different than many other e-wallets. Ultimately, Neteller is a fine option for funding your cricket betting. 

FAQs 

It is a definite yes. Using cricket betting sites with Neteller is possible, fast, and simple. You don't need to worry about currency exchange, conversion, and huge fees.
There are some fees for currency exchange, as well as fees for deposits and withdrawals when transferring funds to your Neteller account.
The payment method has been around since 1999 and is very trustworthy. The encryption technology is solid and the 2FA helps to keep your account secure from fraud or hacks.
This is possible, because you won’t have to share data with the betting platform, and you don’t necessarily need to transfer funds to the Neteller account using a standard bank transfer.
Joe Garland, sports contributor at ocbscores.com
Joe GarlandContributor

Joe is a massive sports fan, but he's most passionate about cricket, the NBA and the NFL. Joe is an expert sports contributor at OCBscores, and will provide you with only the best sports betting guides and tips to help maximise your betting potential.

Fact checked by: GayatriLast updated date: 12.12.2024

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