Neteller Casinos Switzerland

You can find Neteller Casinos Switzerland on Bestecasinosschweiz.ch. We only list licensed providers of online gambling in Switzerland. This means: you can be sure that you are playing legally here and therefore benefit from the generous tax regulations at legal online casinos in Switzerland. So read on right now if you want to find out more about legal Neteller casinos or go straight to one of the Neteller online casinos we tested.

Don’t feel like reading the whole article? No problem, here is our video on Neteller casinos in Switzerland:

Top Neteller casinos for Swiss players at November 2024:

Neteller is a convenient way to make payments at the online casino. We have tested the best Swiss online casinos and present to you here those that also offer Neteller payments.

Let’s first take a look at what Neteller actually is and why it is worthwhile to pay using Neteller in the online casino sector.

Tip: Using the Net+ Mastercard, Neteller is actually accepted in all online casinos in Switzerland. However, best online casinos Switzerland (as listed above) in particular offer comprehensive support for Neteller and Net+.

Therefore, Neteller is actually a good alternative to the normal payment via bank account.

This is Neteller

Neteller was founded in 1999. It was founded in Canada before Neteller moved to the Isle of Man – part of the United Kingdom – in 2004.

The company became a member of the → Paysafe Group in 2015 (Paysafe, 2021). And thus united different well-known companies such as Neteller and also Skrill under one roof.

However, Neteller started focusing on online gambling payments even before that time. In 2000, it was already making payments for 85% of gambling operators. A whopping 95% of Neteller’s revenue at the time came from just this area.

Since many of the players were from the United States, where gambling on the Internet was strictly prohibited, Neteller naturally ran into problems in the United States. For example, two members of the board were even arrested on → suspicion of money laundering (Independent, 2017). We will now take a look at what this is all about.

But why money laundering?

Basically, money laundering is the conversion of illegal money into legal money. So if online gambling as a whole is illegal, a financial service provider like Neteller is actually committing money laundering in such a case. Or at least provides support for this.

From these accusations, it naturally followed for Neteller that further entrepreneurial activity in the United States of America was undesirable. The two board members were immediately released. And this was followed by a refocus on the European market. Then in 2019, the company left the US market completely.

Security of your deposits with Neteller

Neteller is not a registered and licensed bank. This distinguishes Neteller from other eWallet providers such as PayPal. What does that mean for you as a player in concrete terms? Unlike PayPal, your deposits with Neteller are not part of banks’ deposit protection. However, companies like Neteller, which operate in the field of online payments without a banking license, are subject to very strict regulations.

Thus, your deposits at Neteller are in separate accounts, kept separate from the finances of the company itself. From this point of view, the money is even safer with providers like Neteller than with traditional banks. Because your money is actually in an account. At conventional banks, on the other hand, only a fraction of the deposits are actually held. The deposits themselves are covered by insurance and that too only up to an amount of CHF100,000.

So, with Neteller you can be sure that your deposits are safe through this mechanism. Nevertheless, we recommend you to withdraw any winnings – especially if they are high – from your Neteller account to a checking account or even more than one.

This is how the payment works in a Neteller casino

First, of course, you need an account with Neteller. You can set this up effortlessly in just a few steps.

• First go to the Neteller website and click on “register for free”.
• Now enter your personal data. So your name, email address, password and so on.
• Now verify your new Neteller account and choose your preferred currency. Normally, this will be Swiss francs.
• Now you can deposit funds to your Neteller account in the Cash Receipts section.

Do I get a bonus with Neteller payments?

Online casinos in Switzerland usually offer new players a hefty casino bonus as a welcome gift. However, you don’t always qualify when you use Neteller to make a deposit. Therefore, take a quick look at the terms and conditions and bonus conditions of the corresponding online casino.

The advantages of using Neteller for online casino payments

You may wonder why it’s a good idea to use Neteller for payments at online casinos. Here are some advantages:

• It is a quick and easy way to make deposits and withdrawals at online casinos.
• Your personal and financial information remains secure as Neteller uses advanced encryption technology to protect your data.
• You can use Neteller not only for payments in online casinos, but also for purchases and transfers to other people.
• Neteller offers a variety of options for depositing funds into your account, including credit/debit cards, bank transfers and alternative payment methods.
• Neteller is accepted by many reputable online casinos.

Overall, using Neteller can make managing your online casino payments easier and safer. Try it and see for yourself!

Disadvantages of using Neteller

Despite the many advantages, there are also some potential disadvantages to using Neteller for online casino payments.

• While setting up a Neteller account is free and easy, fees may apply for certain transactions and activities, such as receiving funds or currency conversions.
• Not all online casinos accept Neteller as a payment method. Check with the casino before signing up or making a deposit.
• Your deposits to a Neteller account are not protected by deposit insurance, as Neteller is not a licensed bank. It is important that you keep this in mind and regularly withdraw larger amounts from your Neteller account to a safer location.
• You will not be able to cash out to your Neteller account. Instead, you must withdraw the funds to your bank account. This is required by Swiss law.

All in all, while Neteller can be a convenient option for online casino payments, you should consider all the possible drawbacks before using it. As always, you should be careful with your personal and financial information when using a payment method for online transactions.

Conclusion about Neteller in Swiss online casinos

Neteller is a great way to make online payments at Swiss online casinos. It is safe and easy to use, and you can be sure that your money is protected. However, you should be aware that Neteller is not a licensed bank and therefore your deposits are not protected by deposit insurance. Therefore, it is better not to leave your money on your Neteller account for a long time.

Nevertheless, it is well suited for normal deposits in online casinos. Therefore, at Best Casinos Switzerland we recommend Neteller as a payment method for online casinos in Switzerland.

Frequently asked questions