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Expanding Partnership Possibilities

Neteller is on the rebound after exiting the U.S. online casinos market last year and facing huge fines and restructuring fees as a result of the withdrawal. Neteller faced off with the U.S. authorities and lost in the process – the payment processing company was heavily fined for continuing to operate in the U.S. gambling market after the U.S. government passed the UIGEA, a ban that blocked offshore online casinos from accessing the U.S. market. But in the recent months and year since the settlement with U.S. authorities Neteller has begun to rebound from the losses with some very significant strategic partnerships. The latest partnership deal with Cardsave will greatly enhance the e-wallets services to internet casino gamblers around the world.

The key part of this latest partnership is the fact that it brings e-payment processing services to other companies outside of the sphere of online casino gambling. Cardsave technology is intended for large and small business alike that are looking to establish an online presence. Neteller compliments Cardsave’s goal because the company already has not only a respected reputation in place, but the networking and other payment processing partnerships that compliment what Cardsave has to offer.

The CEO at Cardsave, Clive Khan, elaborated on the new partnerships and what it means for small business and even the smaller online casinos and gambling companies in Europe. He notes, “Through this relationship with the Neteller Group, Cardsave has again shown its commitment to bringing leading and innovative products to our members. The Neteller payment suite is the best solution to remove the barriers for UK companies to compete with other retailers online - both inside and outside the UK.”

Cardsave’s network that is already in place throughout the UK and Europe means that Neteller will exponentially expand its base of users. Cardsave provides payment processing solutions to independent retailers all over the UK – according to information from Cardsave more than 28,000 companies maintain a membership with Cardsave.