Neteller Bitcoin payments can be processed for a 1% fee which is a lot less than you bank will charges for a currency transfer. Buy Bitcoin using Neteller to fund your account.

Neteller Bitcoin Payments

Neteller Bitcoin PaymentsNeteller is an online third party money payment service for global payments owned by the Paysafe Group Plc and now based in the Isle of Man. The company was created in Canada during 1999 as an electronic money institution. Neteller now offers an international money transfer service in more than 200 countries with 26 currencies supported, including Bitcoin. Currency conversion is automatic and payments are made instantly.

Neteller is not a banking service and it does not lend money. In accordance with the regulation of the UK Financial Conduct Authority (FCA), customer funds are kept in separate trust accounts. Operating cash is held independently so that if required, all customer balances could be instantaneously be paid back.

Neteller recently acquired Skrill (formerly Moneybookers) to increase their market in Europe. Skrill operates in the same way but can offer a wider variety of currencies, 40 in all. The two companies are separate entities.

Gambing Payments

Neteller started handling gambling payments during July 2000 and quickly expanded to handle 80% of gambling merchant payments. 95% of Neteller revenue was generated from transfers to online gambling firms. Neteller all but exited the US market during 2007 when the Government introduced payment restrictions in relation to gambling services. US turnover dropped by 75% over the next few years.

Legal issues with gambling in some other countries prevent Neteller from handling gambling payments but they can operate legally in most countries.

Neteller offer a wide range of services including online payments, transfers with the utmost security measures in place. They are a trusted organisation and they employ all the latest anti-fraud measures to protect their customers. They also operate a VIP and rewards scheme for frequent users.

Most online casinos use Neteller payment services simply because it is the most popular payment system.

Make a visit to the Neteller website to see how simple it is to set up an account. You can shop securely sending you money anywhere in the world. You can access you funds instantly.

Neteller is trusted by millions of people the world over. You can trust Neteller Bitcoin payments.