Neteller Betting Sites India
Neteller is a popular payment e-transfer service on online betting sites. It is accepted by almost all bookies around the world and has become the best means of depositing money online. It has become one of the primary payment methods used by gamblers online because it is easy to use, fast and secure.
The Neteller wallet can be loaded by using many methods, like debit and credit cards, Net Banking, and UPI. Neteller can be used in India and our experts will guide you on how to deposit with Neteller.
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Why use Neteller to deposit?
Neteller is a great choice for bettors using to make a deposit online at a sportsbook. It is the simplest way of depositing funds to your betting account without having to share your bank details or credit card numbers.
Many banks may also prohibit depositing money at online sportsbooks although they allow transferring money to a Neteller account. So, once you transfer money to Neteller, you can then make deposits in your sportsbook account easily.
However, when using Neteller one factor to keep in mind is the fee being charged by Neteller when depositing money. They charge 2.5% when using a card which is quite high. Barring that, Neteller is a safe and secure wallet to use when transferring money online.
Pros & Cons of Depositing with NETELLER
Pros ✔️
1. Depositing money with Neteller is instant
2. Funds received by Neteller are 100% secure
3. Neteller accepts money transfers in Indian Rupees
Cons ❌
1. The transaction fee to deposit money in your Neteller account is expensive as they charge a 2.5% fee.
2. Neteller does not allow UPI payments.
3. The Withdrawal methods also have a monthly limit, and a commission is charged on it.
How Does Neteller work?
Neteller is a global e-payment transfer service that allows you to make secure online payments when sending or receiving money. Like an e-wallet, you can load money on your Neteller account using NetBanking or credit cards. This money can then be used to make payments to merchants online safely. Neteller also offers payments in nearly 22 currencies.
| Terms | Neteller |
| Receiving Cost | Free, with a minimum 1 transaction every 6 months |
| Sending Cost | Fee charged starts at around 1.5% |
| Speed of Payments | Instant when using credit card |
| Mobile App | Yes, Android and IOs |
| Minimum Deposit | ₹750 |
| Maximum Deposit | Up to ₹35,00,000 |
FAQs
Yes! Neteller is legal in India, and you can deposit and withdraw money legally using the e-wallet.
Neteller charges a fee for transactions using credit cards and Net Banking. The fee is around 2.5%.
Yes! You can use Neteller to deposit money in Indian Rupees.
Yes. Neteller is a safe method of payment transaction as it it governed by the Reserve bank of India as well as the Financial Conduct Authority.
When you use Neteller to deposit money, it is deposited in your account instantaneously.
Alternate Payment Methods
How to Deposit using Neteller?
To use Neteller to make payments at online betting sites, you need to first open your Neteller account.
Sign-up for Neteller Account
- To sign up for your Neteller account, you need to visit their site and fill in all the required details.
- Once you verify your account through an email, you can use any option convenient to you to deposit funds into your wallet.
- For Indian players, the easiest way to deposit is either Net Banking or Credit cards. Neteller also accepts cryptocurrency payments.
- Once you have added funds to your account, you need to then sign up at the best betting site for sports betting.
Sign-up at a Sportsbook
- Sign up at an online betting site All sportsbook requires you to create an account which takes about 2-3 mins.
- Once you have filled in all the required details, login into your account to deposit money for placing a bet.
Depositing money using Neteller
- After you login into your account at the sportsbook, go to the deposit tab and click on it.
- It will offer you many options to use. Choose the Neteller option and enter the amount you would like to deposit.
- Enter the email account linked to your Neteller to make the payment.
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Withdrawing Money using Neteller India
- You can withdraw money from the betting site to your Neteller account by using the withdraw money tab and entering your email id that is connected to the Neteller account.
- This will take 2-3 business days. There are also Neteller withdrawal fees that are levied when transferring money.
Withdrawing money from Neteller to Bank Account
To transfer the money from your Neteller account to Bank account required you to select “money out’ option on the Menu and then select the bank withdrawal option. After that you will need to fill in your bank details and the amount you need to transfer and accept.
Neteller to PayPal
Money cannot be transferred to a PayPal account directly from Neteller and will require first a bank transfer and then transfer from the bank to PayPal.
Neteller in India
For Indian Players, adding money to Neteller can be a problem because of the Liberalised Remittance Scheme of the Reserve Bank of India. As Neteller is a global wallet based out of Isle of Man, United Kingdom, you are essentially moving your money out of the country. According to this Scheme, Indians are allowed to move only a certain amount of funds in a year depending on the use of their money. It is best to specify the funds are for non-gambling purposes.
Many credit cards and banks thus block the transactions to Neteller India barring ICICI. Unlike other banks, ICICI doesn’t seem to block the Net Banking transactions on Neteller and is, at the moment the best way to add money to your Neteller account.
You can also use Skrill or cryptocurrency to deposit money.
Options to deposit money on Neteller India
- Credit and Debit cards
- AstroPay NetBanking
Neteller Review
At Sportbetpro, we feel that players can use Neteller as a safe method for making payments at online betting sites. With nearly 20 years of experience, Neteller is used at most betting sites and offers high limits for making deposits.
Neteller also has a VIP program for users that provides additional benefits such as discounted fees, promotions, and events and a dedicated manager to help with any queries.