PayPal vs NETELLER: Introduction

The PayPal vs NETELLER comparison is different to the NETELLER vs Skrill comparison. NETELLER and PayPal aim for different customers in some parts of their eWallet businesses and therefor offer different conditions.
PayPal vs NETELLERMost important: PayPal does not provide most Poker, sports betting and online gambling rooms as merchants.
All data of the following PayPal vs NETELLER comparison is updated whenever it is required.

Last updated: Februar, 2017.

PayPal vs NETELLER: VIP programs

PayPal does not offer a VIP program like NETELLER and Skrill (Moneybookers) do. The information in bricks in the following fee comparison show the benefits of NETELLER VIP members.
The required amount of sent transfers to merchants within one year to become and to maintain the NETELLER VIP status are:
bronze: 10,000 USD; silver: 50,000 USD; gold: 100,000 USD; platinum: 500,000 USD; diamond: 2,000,000 USD. In addition to the normal VIP Status, there is also our free NETELLER Bonus Program available.

PayPal vs NETELLER: Fee comparison

The fees at PayPal are very complicated and different for many cases. The following comparison provides information for personal usage with lower fees than the PayPal business accounts.
Please check the anchored links to PayPal’s User Agreement in the following PayPal vs NETELLER comparison for more information.

specific VIP conditions in (bricks) n/a (bronze; silver; gold; platinum; diamond) NETELLER Bonus Programm
Available accounts per customer 2 accounts
(1 personal + 1 business account)
1 account
(1;2;2;2;2 different currency accounts)
Available account currencies 25 22
One time Signup Bonus n/a n/a
Account management fees free free
Account unused free unused for 14 months: 1.80 EUR/month
Exchange fees (FX) 2.5% 3,99% (3.79%; 3,19%; 2,79%; 2,39%; 1.29%)
p2p Money transfers Sender generally determines whether the sender or recipient pays the fee. free
– send money (p2p) free free
– receive money Free for p2p in same country and currency by using bank or PayPal balance only.
By transferring money internationally, with different currencies or by using a credit card the fee is between
2.9% + 0.30 USD (from US to US account) and
7.4% + 0.50 USD (from US to Brazil account)
–> PayPal User Agreement #Receive Money

1.9% up to 20 USD (1% up to 10 USD for bronze and silver; 1% max 2 USD as gold, platinum & diamond VIP)

Deposit fees
– bank transfer free free
– instant bank deposit free 1.50%
– credit card between 2.90% + 0.30 USD and 7.40% + 0.50 USD 1.75 – 4.95%
Withdraw fees
– bank transfer free 7.50 EUR (free)
– cheque 1.50 USD 7.50 EUR
– prepaid card at the ATM 1.95 USD 1.75% (1.75%; 1.75%; free; free; free)
– to merchant site free (only available at few online gambling providers) free
PrePaid Card Skrill vs PayPal PrePaid MasterCard
PayPal PrePaid MasterCard

Net+ Prepaid MasterCard
– requirements to order customer for 60+ days with premier or business account customer with verified account
– fee to order free 10 EUR (10; 10; free; free; free)
– membership 4.95 USD/month 10 EUR/year (free)
– costs for cash withdrawals at the ATM 1.00 USD + 2.5% FX fees
1% + 2.5% FX fees outside the US
1.75% (1.75%; 1.75%; free; free; free); FX fees as above
– ATM transaction decline fee 1.00 USD free
– costs at points of sale free free
– stop payment fee for preauthorized 10 USD free
– online bank statement free 15 EUR
– new PIN free 10 EUR
– new prepaid card 5.95 USD 10 EUR (free)
– cash withdrawal at ATM limits/24h 940 USD 750 EUR (750; 750; 2,500; 2,500; 2,500)
– points of sale limits/24h 5,000 USD 2,250 EUR
– delivery time 2-4 weeks 5-10 business days
– available currencies EUR, USD EUR, USD, GBP, CAD, SEK, DKK, AUD, JPY
– validation 3 years 3 years
– more information PayPal PrePaid MasterCard:
Cardholder Agreement Nov 2011

NETELLER Net+ Virtual Prepaid Mastercard
Cashback for merchants transfers
n/a none (0; 0; 0; 0.25%; 0.5%)
– promotions n/a VIP program and special promotions

– additional bonus-programs


up to 1.1% bonus/month with eWallet-Optimizer
Two Factor Authentication PayPal Security Key Two step Authentication
– fee to order 29.95 USD (5 USD for replacement) free
– delivery time right after app installation is completed
– battery life span n/a
– Money-back guarantee in case of fraud yes for all NETELLER customers
Link to Terms & Conditions PayPal Terms of Use NETELLER Terms of Use

It is not possible to transfer funds between NETELLER and PayPal directly. NETELLER allows Bitcoin transactions, which PayPal does not offer currently.

PayPal vs NETELLER: Development

NETELLER showed a rapid growth in revenues in the last couple of years. Compared to PayPal with “128 million active registered accounts” and 110 billion EUR value of transactions in 2012, NETELLER is still the much smaller competitor. But with a growing rate of around 20% PayPal grew slower than NETELLER did with more than 34% in the first half year of 2014 alone. Ebay acquired PayPal in 2002 and is benefiting from their own eWallet provider. PayPal revenues represented 40% of eBay Inc. revenues in 2012, showing the strength of that acquisition a decade ago. As of 2015, PayPal is now seperated from the mother company Ebay.

PayPal will probably keep growing with a rate of 20% within the next years. Regarding much smaller fees for personal accounts, but especially for merchants, it will be interesting to see how NETELLER will compete with PayPal. Aiming for the US market, especially the huge online gambling market, could be a way for NETELLER to outperform PayPal within the next 5-7 years. The full consequences of PayPal leaving the Ebay. Inc. group cannot be foreseen at this time.

PayPal vs NETELLER: Conclusion

Pro PayPal:

  • Biggest e-wallet provider:
    With the acquisition of Ebay PayPal became the best known and biggest e-wallet provider on the net. Because of this, most merchants accept the higher fees and offer PayPal as their payment service to be able to reach as many customers as possible.
  • Safety:
    With having an official bank status as Luxembourg-based bank, PayPal is a safe e-wallet provider.


  • Usage for Online Gambling:
    PayPal is not offered by most online gambling providers while NETELLER is widely accepted in that segment.
  • Fees:
    Even though the fees in this PayPal vs NETELLER comparison are provided for personal accounts and are much lower than those for business accounts at PayPal, it is easy to see the huge advantage of NETELLER over PayPal when it comes to their fees. Especially the fees for receiving money and using the PrePaid Card cannot compete with those of Skrill (Moneybookers).
  • VIP Program:
    PayPal does not offer any VIP program, while NETELLER is almost 100% free for any use and offers high rewards with our eWallet-Optimizer NETELLER Program.
  • Cashback:
    We offer the highest available rewards program at NETELLER along with plenty of other benefits. PayPal does not offer any kind of cashback for sent transfers to merchants at all.


Most people have a PayPal account for smaller transfers or when they buy things at Ebay. But when it comes to bigger transactions, especially for online gamblers and Forex traders, NETELLER is the way better option. The fees are not even comparable for these two e-Wallet providers.

We only provide Skrill and NETELLER with our value added eWallet-Optimizer program, because we want our clients to benefit from the best conditions available.
If you want to learn more about it, please have a look at NETELLER + eWallet-Optimizer Program or contact us .