What is the Neteller payment system?
The payment system Neteller began its activities in 1999 and thus became one of the first companies in the world, which was engaged in electronic payments. Initially, the company’s headquarters were located in Canada, but in 2004, the company was moved to the Isle of Man. It is interesting that in 2000-is the payment system had 95% of its profits from online casinos, so it was focused on the gambling industry from its origins.
At one time in the U.S. and Canada, there was a ban on money transfers related to gambling entertainment. It was from that moment that the company began to significantly expand its activities, offering a variety of services. But it didn’t yield the desired results – revenue was steadily declining. Throughout its operations, the company bought up other organizations, but the most influential deal occurred in 2015 when it acquired Skrill.
At this point, Neteller is the company’s core product along with Skrill. And it should be noted that over time, the company returned to its path – the gambling industry, so Neteller in online casinos is always found. Just take the fact that the payment system works in 200 countries, the official website is translated into 14 languages and supports more than 20 currencies, so each player can choose the appropriate solution for themselves individually.
Also, a Neteller card is available to users, which can be used to pay not only in casinos but also in various stores. Within the system, there is absolutely no commission for transfers.
