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Neteller will renew its VIP program

One of the most used payment processors by poker players, Neteller, announced that its loyal customers will be migrated to a new VIP program with new statuses. The change will apply from November 16, 2020, and in this article, we will share all the details.

Neteller will renew its VIP program

Neteller quarterly statutes

So far, the payment processor has published only on the set of new VIP statutes and their requirements. The most crucial change in Neteller is:

Statutes will be updated quarterly, not anually.

  • In the new program, not only the payments made by the user to merchants will be considered, but all transactions (except for internal transfers).
  • The number of statutes will remain unchanged (5), but Platinum will be removed, and the new Exclusive status will be the highest.

The new program will be rolled out on November 16, 2020, and the initial status will depend on the number of transactions made between November 1 and 15.

Comparison of new and old statutes

Before After the update
Status Requirement (per year) Status Requirement (per quarter)
Bronze $10,000 Bronze $6,000
Silver $50,000 Silver $15,000
Gold $100,000 Gold $45,000
Platinum $500,000 Diamond $150,000
Diamond $2,000,000 Exclusive $600,000

The tables show that the requirements for VIP statutes have increased, but more transactions are now taken into account. The payment processor also promises to provide users with more generous rewards after launching the new VIP status program.

Also read — Skrill will update its VIP program

To learn more about our offer on Skrill and Neteller, visit the following links:

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Vargoso 30.09.20
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