Euteller – Should i USE Euteller When Gambling Online?

Euteller Payment and Withdrawal

There are plenty of options when it comes to payment and withdrawal of money on gambling websites.  Despite the increase in new ways to make payments, such as e-wallets, there are those who still prefer to deposit and withdraw simply by using their bank account.  That’s where online payment service providers, such as Euteller, come in to play.

The Facts

Website:  www.euteller.com

Euteller is a Finnish online payment provider and as such, is only available to those people who are Finnish residents.  Established in 2007, Euteller is authorised by the Financial Supervisory Authority of Finland and is considered the premier Finnish online payment service.

The service allows you to make payments online, directly from your bank account.  All major banks in Finland make use of Euteller and no personal or financial information needs to be inserted online, for a transaction to take place.  This also applies when funding online gambling accounts.

In order to use Euteller, you do not even need to sign up with them.  When making a payment online, it’s simply a case of choosing to use the service, when given the options of how to make payment.  You can then choose your bank, which is connected to the Euteller service and make the payment.

It’s also possible to use Euteller, to fund other debit credit cards you may own.

Using Euteller to Bet Online

When making a deposit at an online gambling account, you need to login and locate the designated page for payments.  From here, a menu will be available and as long as you are a resident in Finland, Euteller will be one of the options.  After selecting Euteller, you will be asked which bank you would like to use to obtain the funds and upon selection, you will be taken to your online bank account.

Having completed these steps, you just need to select the amount you would like to deposit and it will appear instantly in your online gambling account.  There is a charge of 1.95% for each deposit you make from your bank account, using the Euteller service.  Sports books, casinos, poker rooms and gaming sites do not usually charge for this.  However, some may set a limit on the amount you can deposit at any one time, so make sure to check this first.

Euteller provide automated AML and fraud control, ensuring all your money transfers are safe.

Unfortunately, it’s not possible to withdraw funds from your online gambling account, back in to your bank account, using the Euteller service.  Therefore, you will have to use alternative means, such as bank transfer, to claim any winnings.

As stated previously, Euteller is only available in Finland, therefore, you will need to check with the online gambling company you are using, to see if they are accepting this option.

Euteller Advantages

  • Euteller is the service used by all the banks in Finland and as such, is very secure and safe to use.
  • There is no need to sign up to anything or spend time registering, you can use Euteller as and when you like.
  • Funds will appear instantly in your online gambling account.
  • It’s possible to fund other debit and credit cards using Euteller and deposits and withdrawals can be made using these cards.

Euteller Disadvantages

  • No withdrawals can be made using Euteller, therefore you will have to find another way to access the funds in your online gambling account.
  • Euteller is limited to those who have an online bank account with a Finnish bank.
  • There is a small charge, each time you make deposit using Euteller.

Summary

  • Euteller is a payment transaction service
  • It’s only available to those with an online Finnish bank account
  • You never have to register to use the service
  • There is a small, 1.95% charge when making deposits
  • You can not withdraw money from online gambling accounts using Euteller

 

 

 

 

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