Neteller is a payment processor that allows customers to transfer money to and from merchants, as well as to and from other Neteller customers. Neteller is free to register and open an account. There are no monthly or annual account fees. To fund your Neteller account, you can use a credit or debit card, or bank transfer. There are no fees for funding your account with a credit or debit card, but there is a 3.99% fee for bank transfers.