Euteller is a Finnish online payment method that was designed to simplify the checkout process for online shopping, entertainment, or other services. Since it delivers instant bank transactions, an app that players can use without registering an account, and low fees, Euteller was quickly embraced by punters in Finland and other Nordic countries. Even though it was established in 2007, the list of bookmakers accepting this payment method isn’t as long as with other deposit options from Scandinavia.
If you’re looking for a good online bookmaker that offers Euteller payments, check out the ones on this page, tested and recommended by our team of experts. In case you never used Euteller before and you want to find out more about how the payment option works, what are its advantages, and disadvantages, check out the review we put together.
When checking out a new deposit method, most punters want to know if they will be able to claim the first deposit bonus offered by the bookmakers when they register a new account. And this is a legitimate curiosity since most bookies don’t issue the first deposit bonus for deposits made with certain payment methods. Euteller is not among the payment options that could possibly deprive you of your first deposit bonus. Even if there’s a certain similarity in the name, it’s Neteller or Skrill that are usually the payment options that come with such restrictions.
With Euteller you will be able to claim the first deposit bonus, reload bonuses, or any other rewards set-up by the bookie for your account. As long as you accomplish the requirements of the bonus, depositing with Euteller will not influence your eligibility in any way.
Since Euteller is an instant banking deposit method, you’re probably already familiar with the process even if you didn’t play at an online bookmaker before. You surely made an online transfer from your bank account and a good part of the process is identical at a bookmaker. However, to be sure we cover all grounds, we created a list of steps that are to be followed for successfully depositing with Euteller. This guide starts after you already created an account at your favorite bookmaker that offers Euteler. In case you need some help finding the right bookie for you, check out the ones on this page.
The minimum transaction accepted via Euteller is €10, however, this can vary from one bookmaker to another. On the other hand, the maximum you can deposit in one go is usually €1,000 but this amount can also be influenced by the transaction limits established by your bank. Always make sure you select the maximum transaction limits so that there’s nothing stopping you from using Euteller for all your deposits.
Just like POLi, or numerous other instant banking transfer payment methods, Euteller can’t be used to also get the funds back from the online bookie when requesting a withdrawal. Most Finnish punters that deposit via Euteller go for Neteller when it comes to withdrawing their funds. There’s also the option of selecting a regular bank transfer, however, that will take between 5 and 10 working days to process. On the other hand, Neteller and other ewallets can be as fast as 2 hours for processing an online bookmaker withdrawal.
There’s no need to register or create an account with Euteller. You can start using the service right away by having an account with one of the banks that partner with the service. And since we mentioned the banks, you should know that all the important banks in Finland give you access to Euteller. There are the most popular banks that work perfectly with Euteller:
You won’t have to worry about verifying an account because you don’t need one to use Euteller. As previously stated, having an account with one of the banks in the list will automatically grant you access to Euteller and its lightning-fast online payments towards online bookmakers.
Opposed to other payment methods that facilitate instant transfers from your bank account, Euteller has a free for transactions. However, considering that your bank won’t add a fee for the actual transfer, you have a good chance to pay less for a deposit with Euteller. A fee of 1,95% is applied to every Euteller deposit. So, if you want to deposit €100 at your favorite bookmaker, the total amount taken from your bank account will be €101,95.
Euteller’s adventure in the iGaming world started in 2007 when the company was established in Finland. The company got the authorization from the Financial Supervisory Authority of Finland and rapidly started to partner with all the big banks in the region. In a market that was already quite competitive with the likes of Trustly, Zimpler, or Nordea, Euteller managed to find its place among Finnish punters and continued growth from one year to the other.
Finland is the only market where Euteller is available and it doesn’t look like the company is interested in exploring other markets. Since they defined themselves as a local payment method, they focused on getting more popular in Finland rather than expanding in other territories.