Although Neteller is widely used, it is only one of several competing payment processors, with comparisons between Neteller vs. Skrill being particularly prominent. You may expect to see Venmo or Paypal in this list, but sadly, they are not a good alternative for Neteller. Since both Venmo and PayPal have regulations that disallow their platforms from being used for gambling transactions, they should not be used for betting. You risk having your account canceled or frozen if you use either service for online gambling, and there may be legal repercussions as well.
We've compiled a short list of some of the Neteller alternatives in the market:
Skrill is a well-known payment network that provides many of the same services as Neteller, making them direct competitors. This has sparked heated discussions over which service is best for certain scenarios. Since both Skrill and Neteller are controlled by the same financial services provider known as PaySafe, the one that's best for you will depend on what is best for you.
Some gambling companies and jurisdictions recognize Payoneer as a valid method of payment. However, Payoneer is not designed for, and in certain areas may be illegal for, gambling or betting. It's also possible that certain betting sites won't work with Payoneer or may charge extra for using it. For information on whether or not Payoneer is accepted at a certain gambling site, as well as any fees or other terms and conditions that may apply, it is best to consult the site in question directly.
ecoPayz is widely used in the online gaming industry since it was developed with the industry in mind. ecoPayz outperforms the competition in terms of transaction speeds, security, and cost. To keep customer information safe and malicious activities at bay, ecoPayz employs a variety of anti-fraud safeguards, including state-of-the-art encryption technology. Joining ecoPayz's VIP scheme has various perks, including higher transaction limits and lower fees.