Neteller in India
Neteller is one of the most popular and reputable eWallets in the world. There are millions of people that use the payment processing company to send and receive money, make purchases online, and buy and sell cryptocurrency. The main reasons the eWallet is so popular is that it is simple to use, offers ton notch security for financial transactions, has low fees, and has fast processing times. Many people in India use Neteller for those reasons and it is also used by many Indian punters that gamble online.
Using Neteller at Indian online gaming sites, or gaming sites anywhere in the world for that matter, is a win-win situation. First of all it is hard to find an online casino, sportsbook, or poker room that does not accept Neteller for making deposits and withdrawals. On top of that processing times are almost always instant and there are many gaming sites that have special bonuses for promotions for players that use Neteller.
When it comes to Indians that gamble online Neteller is often used considering that the Indian rupee is one of the many currencies that the eWallet supports. Because of this at Indian gaming sites players that have their Neteller account in rupees and play at Indian gaming sites, which obviously take rupees, are not charged a FX fee. Even if an Indian player decides to try their luck at a gaming site that does not accept rupees they will be charged an FX fee but a small one. To further that in the Neteller VIP program the higher level you are in the program the lower the FX fees will be.