What Is Neteller and How Does It Work?
Neteller is one of the oldest e-wallets used for online gambling. It was founded in Calgary in 1999 and is now owned by Paysafe, which also owns Skrill and paysafecard. You load money into your Neteller account from your bank account or card, then use the wallet to pay the casino, so your banking details stay with Neteller.
To use Neteller at a casino, the names on your Neteller and casino accounts must match, and both companies will ask you to verify your identity before you can withdraw.
How to Deposit with Neteller
- Open and verify a Neteller account in the same name as your casino account.
- Load your wallet from your bank account or card.
- Open the casino cashier and choose Neteller, if it is listed.
- Enter the amount and sign in to Neteller to approve the payment.
- Confirm. Deposits are usually credited instantly.
How Neteller Withdrawals Work
You can normally withdraw to Neteller only if you have deposited with it before. Most casinos that accept Neteller process withdrawal requests within about 24 hours of approval, although your first withdrawal will include identity checks. Once the money is in your wallet, you can spend it, keep it or transfer it to your bank account.
Neteller Fees and Processing Times
| Item | What to expect |
| Deposit time | Usually instant |
| Withdrawal to your Neteller wallet | Usually within about 24 hours of casino approval |
| Typical minimum deposit | About $10 at most casinos that accept it |
| Casino fees | Usually none; check the cashier |
| Neteller fees | Can apply to loading by card, currency conversion, transfers to your bank and long periods of inactivity |
Neteller sets its own fees and can change them, so check its current fee schedule before you load or withdraw money.
Is Neteller Available at Ontario Casinos?
Neteller is not supported at most Ontario-licensed casinos. A small number of AGCO-registered sites list it; among the brands we review, Betway includes Neteller in its Ontario payment options. Many reviews of Canadian casinos mention Neteller, but those listings often describe sites for other provinces rather than the Ontario version, so always check the cashier on the Ontario site before you register.
Only use Neteller at casinos licensed for Ontario. If a casino is not registered with the AGCO and operating under iGaming Ontario, you lose the player protections and responsible gambling tools of the regulated market.
Neteller vs Skrill
| Feature | Neteller | Skrill |
| Owner | Paysafe | Paysafe |
| Availability in Ontario | A small number of casinos | A limited number of casinos |
| Deposits | Usually instant | Usually instant |
| Withdrawals to the wallet | Usually within about 24 hours | Usually 24–48 hours |
If your casino lists only one of the two, read our guide to Skrill casinos in Ontario.
Best Alternatives to Neteller in Ontario
| Method | Why it is a good alternative |
| Interac e-Transfer | Accepted at most Ontario casinos and pays straight from your Canadian bank account |
| PayPal | An e-wallet offered by more Ontario casinos than Neteller |
| MuchBetter | App-based wallet with fast withdrawals at the casinos that accept it |
| Visa / Mastercard | Instant deposits with the card you already have |
Pros and Cons of Neteller
Advantages:
- Keeps your bank and card details away from the casino
- Instant deposits and quick withdrawals to the wallet
- A long track record in online payments
Disadvantages:
- Not supported at most Ontario-licensed casinos
- Fees for loading, conversion, bank transfers and inactivity
- An extra account to open and verify
Play Safely
Whichever payment method you use, set a deposit limit in your casino account before your first payment and only play at casinos licensed for Ontario. Gambling is for adults 19+ and should be treated as entertainment. Free, confidential support is available 24/7 from ConnexOntario at 1-866-531-2600. Read more on our responsible gambling page.