Neteller is an online wallet (e-wallet) owned by PaySafe Group Limited, founded in 1996. This group is one of the biggest in the world, so it is super safe.
At Neteller you can send and receive money in multiple currencies. It is also possible to pay a wide number of online products with it, including deposit and withdrawing from almost all gambling websites.
As a lot of banking systems Neteller has fees for depositing, withdrawing (to bank account), and sending money to other Neteller accounts.
Skrill was registered as Moneybookers in London, 2001. Later on, with major success, it was bought by PaySafe Group Limited, that now has Neteller and Paysafecard.
As part of a major group in the e-commerce business, this payment provider is super safe. Today Paysafe employs more than 500 people.
The way it works is the same as Neteller. You can choose your account currency from over 50 currencies and then send and receive payments from others or from merchants. Skrill and Neteller are the leaders in deposits and withdraws for online gambling.
We suggest that you open one account in one currency with Skrill and another with another currency with Neteller, so you get more options with lower fees during your gambling experience.