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Neteller a Hot News Commodity: 1

Neteller is a very prominent payment processing company that has been a hot item in the news in recent weeks because of the company’s new partnership deals. Neteller is a e-payment processing company with a specific focus on the online casino gambling industry. The newest news has Neteller in a partnership with the BORN organization. The BORN partnership marks Neteller’s efforts to not only expand within the European and Asian online casino gambling industry, but to also branch out of the internet gambling industry and offer e-commerce services to internet merchants.

The BORN group has a very interesting and specific structure in that the group is a network of brands and merchants that sell lifestyle specific goods and services through the internet. BORN has a growing presence in the Asian and European markets – the two main areas of focus for Neteller’s expansion efforts, which makes the partnership an ideal fit for them. Neteller on the other hand is still a relatively small presence in the Asian and European markets because the company primarily built its market within the now debunk online casino gambling industry. With the US’s decision to ban offshore online casinos and fine Neteller for continuing to service the US market, Neteller has spent the past year honing new partnerships and alliances that will build the company a new base of customers.

The planned product for the new partnership will see the BORN group with a newly brand BORN Express payment processing system. The BORN Express online e-wallet services will be wholly back by the Neteller Payment Suite. Neteller’s e-wallet technology and long-standing reputation in the online casino gambling industry will go a long way toward launch of the new e-wallet system.