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Neteller's Expansions

Neteller continues to expand their online payment processing business as they worked out an agreement with AtlasCapital that enables them to get into the new Internet FX-trading platform. "This contract win demonstrates our capabilities in the forex trading market, building on our existing relationships with AvaFX, FxPro, RetailFX, UWC (United World Capital) and FineXO.” Dan Starr, Executive Vice President of Sales, Marketing and Products at NEOVIA said, "The Neteller e-wallet provides a convenient deposit and withdrawal proposition to FX traders, while merchants benefit from indemnified funds transfers and reduced charge back risk."

Neteller also marked the one-year anniversary of their Net+TM Prepaid MasterCard. It was the first prepaid MasterCard that was available to customers of Neteller that was both a physical prepaid card and an online prepaid card. That has meant that Neteller customers have had instant and convenient access to their funds at all times.

The Net cards are just one of many features offered by Neteller. “The Net+ card has been an excellent product for our e-wallet customers, giving them the flexibility and convenience to access their funds immediately, while also addressing any concerns they might have had around security and privacy,” said Starr.

Neteller has been providing a highly respected and very popular online gaming transfer option for customers since 1999. They are considered one of the leading independent online payment processors in the world today.

 

ex-NETELLER Directors Charged


Neteller Prosecutors Given A Third Continuance

All parties involved agree to a further delay of one month

Reporters covering the hearings in New York against Neteller founders John Lefebvre and Stephen Lawrence today (Friday) returned to their publications empty handed as the Department of Justice team were granted a further extension until April 16. Earlier, court officials had hinted that this would be the case.

Department of Justice spokesperson Rebekah Carmichael told reporters that the extension had not been opposed by the two Canadian men, who have had to put up massive bail following their arrests by the FBI in January and are confined to the New York city limits until the case has been finalised.

US players whose monies remain frozen in the Neteller debacle will have to remain patient - the continuance means that the current freeze on their funds is likely to continue. PokerPages.com reports that The Neteller Customer Coalition, based on Yahoo!, a consumer grouping affected by the big freeze with roughly 250 members, has over $750 000 in limbo, with more than a dozen individuals owed amounts up to $20 000 or more each.

Coalition founder Goldstein is quoted as saying: "These are the kinds of figures that can keep a killer legal team motivated. There's still thousands of other Neteller customers who don't know about us." He claimed that nevertheless new members were signing up at a rate of 30 – 40 new members daily.

Goldstein is reportedly angered by both the US government’s stance and Neteller’s apparent passivity.

“Between Neteller and the Department of Justice thousands of citizens who have done nothing wrong have millions of dollars being confiscated without any real explanation or means of resolution,” he said.
 

Posted: March 21, 2007

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