Nowadays people still think there is a certain risk involved while handling money online. However it’s necessary to remind you that security is especially tight everywhere money is involved.
In the digital age, the biggest players in the online security industry have developed the best encryption technologies that ever existed. And guess what, most financial operations that take place online use these technologies, thus being completely safe. This also applies to e-wallet providers such as Neteller and Skrill (Moneybookers). Read the info below for more information on both providers.
Neteller is a UK-based company which provides e-wallet services in more than 180 countries around the world. It is mostly used by bettors, enabling them to instantly and securely upload their funds into an online account. Although it was founded in Canada in 1999, in 2004 the company was transferred to the Isle of Man. It is not and wasn’t conceived as a bank.
It operates under the regulations of the Financial Services Authority of UK, which means that customers’ funds are saved separately in trust accounts, so that they do not interfere with the company’s operating cash.
In the 14 years of activity, the company has built an outstanding reputation among bettors and gamblers online. They first enabled online gambling payments in 2000, having a lot of success in this field. By 2005, more than 80% of the total gambling payments around the world went through Neteller.
They operate with currencies, including £, €, $, CAD, etc.
Funds can be uploaded using a bank, credit/debit card or other methods including POLi, Giropay, iDeal or Ukash. The Neteller card gives you the possibility of sending funds to merchants, other Neteller clients and any retailer around the world. Withdrawing funds is also easy, it can be done though bank transfers, cheques or by using ATMs.
The best things about Neteller are:
- Opening an account is free and very easy.
- Most poker rooms, bookmakers and casinos accept them as a payment method.
- Transfers are handled with great speed.
- Their services are very reliable and highly secure (they use the same 128 bit SSL encryption as banks do).
- The Neteller’s Net+ card can be used to access funds from any ATM on Earth or to pay for online purchases.
Skrill, which is more commonly known as Moneybookers, is a thriving British company that specializes in e-commerce operating throughout 200 countries, allowing users to make online payments. It is owned by Monebookers Ltd. and was established on June 17th, 2001. In April 2002 the service was made available for the public use, following the apparition of the term “e-money” in 2001.
Skrill’s way of handling business is by e-mail. In other words, they enable users to send and receive money from debit or credit cards, bank accounts by using their e-mail addresses. All a person has to do to open an account with Skrill is register their e-mail address and fill in a form with personal details on the company’s website. The customer can chose from 41 currencies when opening an account.
Skrill’s key feature is the immediate and real time transactions. And since there is no need to constantly give in the details of personal credit cards when making a payment, you’ve got less of a headache when dealing with your money!
Skrill is a very popular payment method when it comes to online gambling. Users range mainly from casino gamblers to sports bettors. This is thanks to it allowing instant money transfers from a Moneybookers account to the account of an online casino or bookie. Skrill’s key points include, but are not limited to:
- Instant money deposits and withdrawals.
- Big choice of currencies and transactions throughout 200 countries.
- Payments to merchants.
- 24/7 client support in 12 languages.
- Supporting all major bookmakers.
- Special bonuses.
- High encryption protocols (128 bit SSL) used to keep sensible information secure.
Skrill is also supervised and regulated by the British Financial Services Administration, as well as licensed by 43 American States.