Neteller is a popular payment platform that is recognised worldwide and is also highly used in Nigeria. This e-wallet payment option is also accepted by most Nigerian betting sites and online casinos such as bet365, NetBet and 1xBet. Neteller provides its users with excellent electronic transaction services that are fast, secure, and easy to use.
Neteller accepts transactions from more than 40 payment methods, and it is available to use in more than 20 countries. Withdrawal options that are approved by the Neteller electronic transaction platforms include bank transfers, point-of-sale terminals, cheques, and the company's unique Net+ prepaid Mastercard.
What's in this article
- Top Neteller Betting Sites in Nigeria
- Step-by-Step Guide on How to Fund Your Betting Account with Neteller
- How to Sign Up for a Neteller Account
- How to Deposit into Your Neteller Account
- How to Fund Your 1xBet Account Using Neteller
- How to Fund Your bet365 Account Using Neteller
- How to Fund Your NetBet Account Using Neteller
- Pros and Cons of Funding a Bet Account Via Neteller
- Pros of Neteller
- Cons of Neteller
- Popular Alternatives Payment Options to Neteller
- USSD Codes
- Final Word
Top Neteller Betting Sites in Nigeria
T&Cs APPLY, 18+ ONLY
Open Account Offer. Up to 100% matched bonus €50 in Bet Credits for new customers at bet365. Min deposit €5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Step-by-Step Guide on How to Fund Your Betting Account with Neteller
In this guide, we focus on betting sites in Nigeria that accept Neteller, as well as how to fund your 1xBet, bet365, and NetBet account using Neteller. If Neteller is not among the payment methods offered by your preferred sportsbook, we have highlighted some of the best alternative payment options.
Below are a few guidelines on how to open a fully functional Neteller account.
How to Sign Up for a Neteller Account
Registering for a Neteller account is quick and easy, and it can be done on your mobile phone. Simply follow these steps below:
Step 1: Open a Neteller account.
Step 2: Fill in the required personal information – your first and last names, a valid email that will be subject to verification, and a secure password. Click Register and proceed to the next step.
Step 3: Fill in your country and your preferred currency.
Step 4: Provide your personal information which includes your home address and valid phone number, and click Continue.
Step 5: You will be sent a 6-digit pin called a secure ID code, also known as a money transfer code.
Step 6: At this point, your Neteller account should be open and you can start transacting. A note of caution: you won't yet have access to all functions of Neteller, and your transaction will be limited to ₦15,000. To enjoy the full package, you will need to verify your account. Click Continue to move to the deposit stage.
Step 7: In the deposit stage, you will need to deposit some money. However, you will need to verify your account for this to be done, and this will cost ₦500 via Visa. After successful verification, you will be able to enjoy the total Neteller package, which includes funding of betting accounts.
How to Deposit into Your Neteller Account
To begin using your newly registered account, you will need to deposit into the Neteller wallet from your bank account. Earlier, you were required to deposit ₦500 from Visa to verify your account, so this amount should still be present. All you will be required to do is to pay a bank transfer charge of 13 cents. We have outlined the follow steps to deposit into your Neteller wallet:
- At the Neteller account page select ‘Money in’.
- Choose the credit card type that you want to use to carry out the transaction.
- Fill your payment information; This includes how much you want to fund your Neteller wallet, your card number, the expiry date of the card, and the 3-digit pin at the back of your card, also known as CVV.
- Do not change your default currency.
- Verify all the information that you have provided and click Continue.
How to Fund Your 1xBet Account Using Neteller
1xBet is one of the many betting platforms that offer a wide range of payment methods, Neteller being one of them. This betting site offers both sports betting and casino services to its users. Here is a guide on how to fund your 1xBet account using the Neteller e-wallet.
Step 1: If you are a new client, sign up and register for an account; otherwise, click log-in and provide your account details.
Step 2: If you are using a mobile phone for your transaction, look for the wallet icon on the page and click on it, but if you are using a desktop computer or laptop, click on the dollar ($) sign. This takes you to the payment page, and on this page, click on Deposit.
Step 3: There are several payment options available; click on Neteller. This will prompt you to enter your Neteller login details.
Step 4: Log in to your Neteller wallet and select the amount of funds you wish to transfer to your 1xBet account.
How to Fund Your bet365 Account Using Neteller
bet365 is another incredible betting site that allows you to fund your betting account using Neteller wallet. We have highlighted the steps to fund your account, however, it is important to keep in mind that to deposit into your bet365 account using Neteller, you must have at least ₦2000 in your Neteller wallet.
Step 1: Sign up for a bet365 account, or log in if you already have an account.
Step 2: Click Deposit at the top-right corner of the bet365 page.
Step 3: Then click on Payment Methods and select Neteller from the options provided.
Step 4: You should select the same currency that you use on your Neteller account, as this allows for ease of access and hitch-free transactions when depositing and withdrawing money to and from your bet365 account.
Step 5: A pop-up page will appear where you are required to fill in your Neteller account details. These include your Neteller account ID, which is a 12-digit code, and a Secure ID 6-digit code. You will also need to input the amount you would like to deposit.
Step 6: Enter your password and select Make Deposit to end your transaction.
How to Fund Your NetBet Account Using Neteller
NetBet is another respectable platform in the Nigerian sports betting and online casino industry. They offer professional sport betting services while allowing you to fund your account using Neteller
However, before you fund your NetBet betting account using Neteller, you are also required to have a balance of at least ₦2,000 in your wallet, otherwise the transaction won't hold.
Here are guidelines on how to link your NetBet Account to your Neteller wallet and to transfer funds to your betting account.
Step 1: Sign up for a NetBet account or log in if you already have an account.
Step 2: Select Deposit on the top-right hand corner of the page
Step 3: From the list of payment options, click on Neteller.
Step 4: A new page will pop up where you are required to fill in your Neteller account details, with your Account ID, a 12-digit code, or enter your email, followed by the 6-digit pin, which is your Secure ID. You must choose the same currency that is reflected in your Neteller account. Selecting the same currency will reduce the transaction fees levied on your account.
Step 5: Enter the amount you wish to transfer into your NetBet Account. Note that this amount should be at least ₦2,000.
Step 6: Click on Make Deposit to finalise the transaction.
Pros and Cons of Funding a Bet Account Via Neteller
The Neteller payment platform offers seamless service experience. However, before considering settling for this payment option, it is important to explore the associated pros and cons.
Pros of Neteller
- Security and reliability
- Highly responsive customer support team
- Convenience and ease-of-use
- Offers a variety of bonuses, discounts, and promotions to its customers from time to time
- Use of deposited funds helps responsible gambling behaviour
Cons of Neteller
- High fees levied on Neteller transactions compared to other platforms
- Account verification can take time
Popular Alternatives Payment Options to Neteller
Interswitch is an electronic transaction platform that has made a big name for itself in the African banking system. Interswitch in Nigeria provides users with several payment options such as Verve and Webpay. It also provides seamless transactions with corporate organisation and third-party financial institutions such as betting agencies.
Quickteller is another payment provider with which you can fund your bet accounts in Nigeria. It is accepted by some of the best Nigerian betting sites, which makes it quite an attractive alternative. You can deposit cash in your bet account via Quickteller mobile app, and the transaction is instant. However, you will be charged a transaction fee when funding your betting account.
One of the e-banking networks of First Bank of Nigeria, Firstmonie offers payment services to bettors and Firstmonie betting sites. Users of Firstmonie can either use the mobile app or a retail Firstmonie agent to make secure deposits into their betting account.
Opay is a well-known electronic payment network in Nigeria that provides a wide range of services, which include bills payment, subscriptions to cable TV, funding betting accounts and so on. Some Nigerian Opay betting sites such as Bet9ja also offer secure transactions from Opay. Additionally, as a new customer on the Opay network, you are entitled to bonuses and massive discounts.
PayPal is arguably the most popular e-wallet service out there, and it provides quick and safe online financial transactions of all kinds. Due to the security of its business transactions, PayPal has grown to become a common name in the betting industry in recent years. Users can link their PayPal and bet accounts to make cash deposits and withdraw earnings. Although this payment option comes with several restrictions for Nigeria players, there are several reliable PayPal betting sites.
This is an online payment platform that uses prepaid vouchers as a means of conducting transactions. This payment option is unique because it is not influenced or affected by bank account and credit card details. Clients who use paysafecard conduct transactions by buying prepaid vouchers from physical outlets; they can use these vouchers online by entering a unique 16-digit pin on online shops and other businesses.
Polaris is a commercial bank that offers electronic transactions with its customers. Customers can carry out operations over the counter at the bank's branches by using the bank's mobile app, or through retail banking agents called SurePadi. Top Polaris betting sites include Bet9ja and Melbet.
Skrill is a payment platform from the prestigious Paysafe group, owners of Neteller and paysafecard. Like Neteller, Skrill offers easy, fast and secure electronic transactions between two or more parties, which could be local or international. Skrill is trusted by many betting sites and casinos for deposits and withdrawal of funds with their clients, and users enjoy these services at friendly rates.
Unstructured Service data codes provide a quick, easy means for punters to top up their betting accounts right from the comfort of their homes, and without the need for an internet connection. Deposits made via USSD codes are instantaneous, but they typically attract a service charge. Also, USSD codes vary from bank to bank, so you should find out your bank’s format before carrying out any transaction(s).
What is Neteller?
It is an online transaction platform that allows for deposits as well as withdrawals to other corporate entities.
Do I need to open a Neteller account before I can use it?
Yes, only clients who have accounts with Neteller can enjoy its numerous services.
Can I withdraw on the same day I deposited through Neteller?
Yes, you can as long as there are funds in your wallet, you can withdraw.
How long does it take for my withdrawals to reflect on my account?
It takes an average of 2-6 hours from the time you make your request.
Neteller offers outstanding services to betting customers by upholding swift and reliable deposit and withdrawal transactions. Not only is it safe and secure to use, but it is also accepted by several sportsbooks in Nigeria, including 1xBet, bet365, and NetBet.