Review of the innovative Czech payment method NeteraPay, which can be used for moving payments in online casinos. NeteraPay offers much more. Continue reading to find out more.
Review of the innovative Czech payment method NeteraPay, which can be used for moving payments in online casinos. NeteraPay offers much more. Continue reading to find out more.
NeteraPay is a popular company based in the Czech Republic, operating the NeteraPay payment gateway service that enables payments via SMS. The company also provides services such as identity verification for online payments or registrations at online casinos, as well as the NeteraPay wallet and generating prepaid codes. Thus, NeteraPay offers a variety of services, which we will look at in this article.
NeteraPay, a Czech company, refers to itself primarily as an electronic wallet, but it is mainly a service that consolidates several payment channels for its customers. Its primary activity then includes identity verification for SMS payments and creating profiles at bookmakers, where it saves us time by not having to verify our identity at a branch. Last but not least, the company also operates the electronic wallet NeteraPay wallet. NeteraPay is not a provider of SMS payments, but only works for identity verification and as a mediator of the payment gateway through which these payments are processed. You must activate the option of paying through your mobile operator (T-Mobile, O2, and Vodafone) directly with your operator. In addition to mobile operators, the company also cooperates with payment card administrators such as Maestro, Visa, and Mastercard. This payment method is used mainly in the online entertainment industry such as online casinos, bookmakers, games, etc., but is gradually expanding into other sectors as well.
Neterapay was established in 2007 by a group of specialists from the IT and finance sectors with the goal of creating a simple and secure online payment solution. Initially, the company focused primarily on simplifying payments in online casinos and bookmakers in the Czech Republic. As the company grew, it expanded its range of services and also expanded into other regions of Europe. Gradually, NeteraPay has built a brand of a trustworthy payment provider throughout Europe. In 2016, a solution for mobile payments was introduced, allowing its users to make payments on the go anytime and anywhere using their mobile phones. Today, NeteraPay is recognized as a reliable solution for online payments and identity verification. The company continually works on improving its existing services, as well as adding new payment methods and expanding its network of merchants it cooperates with.
The owner of this payment method is Netera Systems s.r.o., registered in the Czech Republic. This company is therefore under the supervision of the Czech National Bank. Thanks to the supervision of the CNB, it is a trustworthy payment method where you do not have to worry about your money.
Verifying identity at online casinos is not the only place where you can use NeteraPay, but you can also use it in many other places where there is a legal requirement to verify the identity of customers. With NeteraPay, you can also make direct deposits. The company operates the NeteraPay payment gateway, which enables payments via SMS. You will encounter this payment gateway mainly at online casinos, but you can also use it at many other online merchants. One of the main reasons to use NeteraPay is that it allows very fast, secure, and simple deposits. Therefore, you will encounter this service when:
The NeteraPay service allows for quick deposits of money directly from your smartphone after logging in. Quick and easy payments can be especially useful when making deposits at online casinos and online betting. Here is a brief guide on how to make deposits:
Among Czech online casinos that accept payments via NeteraPay, Forbes offers the best bonus. You can enhance your first deposit by up to 50,000 CZK! Just deposit only half, because the bonus is 200% of your deposit. At Kartáč casino, every newly registered player receives 500 CZK for free! Take full advantage of both bonuses!
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NeteraPay is subject to several legal measures, which come with both advantages and disadvantages. An understandable advantage is security, where you do not have to worry about your sensitive personal and banking details and can safely use this payment method. However, the disadvantage is the complexity of the initial registration and identity verification for NeteraPay. Identity verification can be conducted in three ways:
To verify your identity online, you need to prepare your ID card, a second identity document (e.g., driver’s license, passport) and a bank statement or account management contract. The registration and verification process is similar to that at bookmakers and proceeds as follows:
The account verification process is as follows:
Detailed guide on registering a NeteraPay account |
Netera Systems also operates the electronic Wallet NeteraPay wallet, which was created to allow people to withdraw their money from selected merchants. However, currently only the online casino Betor supports making withdrawals using this method on the Czech market.
You can generate prepaid coupons directly on the official NeteraPay website, and when making a payment, you simply insert your unique generated code and will not have to enter further payment details. Procedure for payment with NeteraPay prepaid coupon
All communication and transactions are secured using certified SSL encryption and protection. The payment gateways you use for payments at other merchants are also secured. Another indicator of the security of this payment method is also that the company NeteraPay is registered in the CNB registry and is subject to its supervision. When paying, therefore, you do not have to worry about your money, the greatest risk for you is if you lose or show the code of your prepaid coupon, after which the company does not compensate for the damage and cannot prevent the theft of the amount.
For SMS payments, there is a different limit set by each of the three Czech operators.
As NeteraPay offers the possibility to generate prepaid codes and simply pay with them, many people compare this method with Paysafecard. Compared to Paysafecard, Neterapay has one major advantage, that it allows not only prepaid codes and electronic wallets, as the service Paysafecard does, but also SMS payments. NeteraPay could be a suitable choice for those of you who do not want to share your banking details with every online payment. Moreover, for those who do not want to use an electronic wallet or pay via bank transfer. SMS payments represent a fast and convenient alternative. Overall, NeteraPay offers a secure and practical payment method, but unfortunately, only at a few selected merchants.
Sources: www.neterapay.eu,
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