It is no news that Neteller is now accepting users from Nigerian and there is no iota of doubt that many Nigerian internet users are interested in using Neteller’s online payment system for their business.
In this connection, I have created this post to show you how you can open a Neteller account in Nigeria.
And if you have already set up a Neteller account, then you will be shown how to send, receive, deposit, withdraw, and also do other transactions with your Neteller e-wallet in Nigeria.
Just like other online payment options available today, you can make the transfer of funds from your Neteller account to your Nigerian bank account with ease.
This guide contains virtually everything you need to know about opening and using a Neteller account here in Nigeria, so I encourage you to read this post carefully and to the end so that you do not get half baked information.
Sending funds to friends and family members around the world was kind of a problem before some amazing online payment solutions came to the internet and Neteller is just one of them.
With a Neteller account, you will be able to send and receive funds to any friend or family member who resides in one of our serviced countries.
You should not have a problem believing me when I say Neteller is not like those suspicious payment companies online as it is one of the most popular digital payment methods and it is very much available for Nigeria to use.
This payment gateway has been in the digital payment space since 1999 and has earned the name and trust of millions of users.
While I will share the advantages of using a Neteller account for your online transactions, let’s quickly take a look at what the Neteller account is best used for in Nigeria before jumping on the steps involved in opening an account.
Why should I use a Neteller account in Nigeria?
Among all the digital payment options out there, there are reasons why I will recommend you consider using Neteller in Nigeria and this basically revolves around what the gateway is best used for – online transactions.
It is no news that thousands of casino players and forex traders make use of Neteller to add funds to their respective accounts and this has been for so many years.
Neteller is an answer to your prayer if you are looking for a great way to quickly transfer funds in a safe and secure manner.
First of all, Many people appreciate using Neteller for their online transactions because it is very easy to use. The method of transactions is simple in such a way that your funds is processed a lot quicker than some other payment solutions you probably have used in the past.
Those who use Neteller for forex can tell how instant deposited funds get to their forex broker account when using Neteller.
You can tell how advantageous this is, compared to when you make use of a credit card that will take 3-5 business days for the funds to hit your account.
In addition, Neteller offers a safe way for you to make payments to third-party merchants. You can be sure that your sensitive data will be kept safe when making transactions with Neteller.
There will be no need for you to share any of your sensitive financial data with the third-party when making payment using Neteller.
They are said to have the best encryption technology that will protect your data as the user.
So with Neteller, you have peace of mind when making transactions.
How do I create a Neteller account in Nigeria?
If you have chosen to use Neteller as your online payment method, then you should first think of creating a Neteller account and I am going to show you how to go about that.
Step one: First, go to the Neteller website using either your desktop computer, laptop, or even mobile device.
Step two: Click on the ‘Register’ button on this page where you will be led to a page that will require you to fill in your personal information.
This information includes your name (full name), email address, etc.
Step three: you will be asked to set a password and confirm it by retyping it.
Step four: you will be asked to provide proof of ID. This can be either your driving license or passport.
You will also need to provide proof of address that confirms where you stay. This can be your electricity bill or what have you.
You are not applying for a visa, so chill. Verification of these documents can be done in seconds.
Step five: After filling and submitting, a confirmation link will be sent to the email address you used to open the account, so it needs to be active and accessible. Go to your email and hit the link to confirm your account.
From here, you have successfully opened an account with Neteller and you can make online transactions such as receiving payment, withdrawing funds from your e-wallet, and sending funds to people.
Speaking about sending funds from your Neteller account, this can not be done unless you have funds in your Neteller account.
So this takes us to the first thing that comes to mind after opening a Neteller account.
How to fund your Neteller account in Nigeria
There are different ways to go about depositing money into your Neteller e-wallet. This includes via credit card, bank transfers, bitcoin, skrill, and many other ways.
We are going to focus on funding your Neteller account via credit card and wire bank transfers because I figure those are the popular ways people prefer to fund their Neteller account in Nigeria.
If you choose to fund your Neteller e-wallet with a bank transfer then here is how to go about it.
First, log into your account on your homepage and click the “Money In” tab.
Go to the International Bank Transactions menu and then select the “Deposit now” button
you will be asked to type the number of funds you want to put in your Neteller account.
After doing that, hit the “Continue” button.
This will take you to the page where you will need to enter all the necessary details that are needed to finish the process.
Use your online banking service to finalize the process or you can simply head to your nearest bank office.
When filling the form at the bank, make sure you write your twelve-digit Neteller ID so that the deposit won’t be rejected
But if you are interested in how to fund Neteller with a credit card, then here is how you should go about it:
After logging in to your personal account, select the corresponding option in the “Money in” tab.
You should be able to see the logo of your specific card by now, you will not see it if Neteller does not support it.
You will be asked to enter all the details needed to complete the process as well as the amount you prefer to deposit.
Click on “Continue.” and once the verification is done, the money will be in your bank account.
How to make payment with Neteller account in Nigeria
Sending money is part of the primary functions of Neteller. All you need in order to successfully make payment with Neteller, that is, send money is enough funds in your account and the recipient email address.
The best part is that sending money with Neteller takes only a few seconds for your money to be sent.
If the person you are sending funds to with your Neteller account does not have a Neteller account, as long as you input his or her email address, they will receive an email from Neteller informing them that their funds are waiting for them.
How to receive funds to your Neteller account in Nigeria
Someone once asked about the steps involved in receiving funds to your Neteller account. This is the simplest thing I will mention in this post.
In order to receive funds to your Neteller account in Nigeria, all you need to do is Receive. Yes.
The sender will have to do the whole work of sending the funds as shown in the previous segment. The sender will have to Go to the ‘Money Transfer’ page, Choose the send money to your email or your Neteller account as the receiver.
He or she will enter your email address and the amount agreed to be sent with a selection of currency.
And then confirm the review of the transaction by pressing continue and then send.
How to withdraw funds from your Neteller account in Nigeria
You can make a withdrawal from your Neteller account in Nigeria by Bank transfer and I will show you how to initiate it.
The first thing is to go to the Neteller homepage and sign in to your NETELLER account.
On your personal page, go to the Money Out section.
Click on Bank withdrawal and then on Add the preferred bank account.
You will be asked to fill in the bank details of the bank account chosen. You want to make sure that these details are correct.
After that, hit the Continue button where you will need to confirm the details.
Once the bank details are confirmed, a micro deposit will be sent to your bank account and you should receive this within 2 to 5 business days.
Check your bank statement to see the record.
While the withdrawal option to a bank account is currently available in a certain number of countries, the withdrawals can only be made to a personal bank account.
Mistakes to avoid when using Neteller account in Nigeria
Just like every other online digital payment option, there is a downside to the use of Neteller. If you use it for forex and casino, you will agree that some deposit and withdrawal methods come with an unreasonable high level of commission.
You will need to acquire a VIP membership to make it lowered. This will also be necessary if you plan to withdraw a lot of profit monthly.
Neteller can be compared to its rivals, and we have spent the past few months reviewing some of these internet payment solutions and you may want to check them out in related posts.
Neteller can be used by Nigerians for online transactions and I hope this guide has helped to know how to open a Neteller account and use it for various transactions.
For further questions or inquiries about using the Neteller account, let me know in the comment section.