Innovative New Solutions for Neteller
Neteller’s two new partnership deals mean that European and international online
casino gamblers and e-commerce merchants have the latest technology and services
right at their fingertips. Neteller has really begun to focus the company on
expanding outside of the offering payment processing systems primarily to the
online casinos and instead has bgun to market the product on a much larger scale
– to the international need to e-wallets that offer services to small business
looking to maintain a Web presence. To fulfill the goal of branching out to new
companies and payment processing systems Neteller has secured exclusive
partnership deals with both Coinstar and Cardsave – two companies offering
unique services to land and online businesses.
Neteller lost the bulk of its customers when it was forced to withdraw from the
U.S. online casino gambling market –and although the long and drawn out
proceedings tried the patience of previous U.S. account holders, the company is
now looking to build a strong foundation and customer base in sectors of the
e-commerce payment processing industry that are perhaps a bit less volatile than
the processing payments for the online casinos. Because international online
gambling legislation is so varied and dynamic, it is much safer for the company
to establish firm business prospects in other sectors of the payment processing
industry.
To that end, the CEO of Neteller, Ron Martin, commented, “Our services help
drive merchant success through innovation, simplicity and value. The Cardsave
agreement means that the Neteller Group has significantly extended its
distribution and business opportunity for the Netbanx gateway, Neteller e-wallet
and our other services.”
The new services as a result of the two new partnerships are in development and
the Net+ prepaid card services will be available before the end of the year. |