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Online Casino News:
NeTeller and PayPal
by Joanne R Friday, February 12, 2010 at
11:39 PM
Years ago PayPal was the place to go to if you needed any kind of payment processing. The company allowed people to pass through any kind of transaction, including those to and from online casinos. They are easily considered to be trustworthy and an excellent way of transferring cash from person to person. Many like it because of its ability to do this through the lack of personal information from the people who use it.
It was the first place online casino players turned to for their gambling accounts as well until the whole industry started blowing up. The payment processing provider pulled all of their accounts from online casinos and left the industry without a clear front runner to get your money to and from your real money account.
The company has recently re-entered the payment processing market for online casinos, but only in limited supply in the United Kingdom. This means that if you live anywhere other than that – you need to look into finding an e-Wallet that can take your payment and process it for the online casinos.
NeTeller seems to be the group to handle that for you. They do basically the same thing as PayPal, only they offer it to a lot more people. In fact, they have just signed a deal with SEGA to offer all of their payment processing for their online casino clients. With everyone trying to get a piece of the gaming manufacturers online casino launch, the fact that they put their trust in NeTeller is going to create a huge opportunity for the company to really get their name out there.
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