Neteller is just like other third party payment services, a way to transfer funds and make purchases online without revealing your credit card or other private financial information.
Classified as an eMoney / eWallet service, Neteller is run by a publicly traded British company and has been in the online payment transfer service business since 1996. Neteller Casinos used to be one of the most popular casino deposit methods available, but that is far from the case now.