Neteller - Payment processing for online bingo

So what makes Neteller different to depositing your hard earned cash using your credit or debit card?

In essence if you are processing any online payments you need to make sure it is done through a site with an SSL certificate, if you cannot find one on the site I have one piece of advice, do not enter your financial details on this site.

Neteller really is just another way of processing payments but you can top your balance up directly from your bank account so it is easier to set yourself limits on your spending. After all how often have we all said "just £10 more" and it's easy to do with the click of a button. With Neteller you can simply transfer a set limit into your account (it usually takes between 3 and 5 working days to show) and then once that limit is gone it's going to take another 3 - 5 days to top up your balance from your bank account.

There is a slight downfall to using Neteller, and that is their charges which have recently increased. As we all know when you withdraw any winnings from an online bingo site they are usually credited back to the same method you used to deposit. If you have chosen Neteller then that is where your winnings will be credited.

Then you want to withdraw said winnings to your bank account, again this will take 3-5 working days from Neteller to your bank account, but you will incur a charge of £5. Until very recently the charge was £1 and with a 500% increase in charges I have to say I've been using Neteller less and less. It used to be my payment method of choice when playing online bingo but I think they are just plain greedy now.

UKash still appears to be the safest and most secure way to fund at an online bingo site and it costs nothing to cash a cheque!