Two of the most common payment services for online casinos, Moneybookers and Neteller, have very similar offers. Many gamblers hesitate between these two direct competitors. Even though there is no clear best option, I still have a tiny preference for Moneybookers. I will explain why in this note.

How it works

Whether you use Nateller or Moneybookers, you need to create an account. Then, you deposit the money you want to use on all the websites you like. The amount you transfer will go to any of your gambling accounts. When you win money, you can move it to your Neteller or Moneybookers account to take it out.

Advantages

These two means of payment offer fast, secure transactions. On top of this, they mean you only have to give your banking details to a single website. Byy choosing Neteller or Moneybookers, you will not have to give your credit card details to every bank of every online casino you use. Last but not least, many gambling websites offer interesting bonuses on all deposits made through these websites.

Prepaid cards, the major attraction of Neteller

Launched in 2002, Neteller quickly meets with fame. This electronic wallet service hits the market at the precise moment when Paypal decides no longer to work with gambling websites. Little by little, Neteller becomes the leader on that market. However, when the US decide to ban online gambling, this mode of payment comes upon some hard times, especially since it now has competitors such as Moneybookers. The main advantage of Neteller is that it offers a prepaid card which you can use in shops and in ATMs around the world. You no longer need to transfer your money to a bank account in order to use it.

Moneybookers has many partnerships and lower transfer fees

Contrary to Neteller, Moneybookers takes some time to become popular. However, little by little, this payment service secures its place on the market. It has now signed partnerships with dozens of online shops. You can now use it to buy a variety of products. It also costs you less in fees every time you transfer money. These two reasons are why I tend to prefer Moneybookers to Neteller.