What is your thought on Neteller

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If Neteller remained EXACTLY like it is now, I will have no complaints.
 

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Neteller is the best option open to you North americans - the debit card system in the UK is far better though.
 

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I think expanding is awesome makes it stronger and shows they are here to stay IMO
 

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NETELLER will be around a long time, using the EFT option with a checking account it's fast and doesn't cost you anything when your doing a transfer from your Neteller account back to your bank.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by gambler1:
NETELLER will be around a long time, using the EFT option with a checking account it's fast and doesn't cost you anything when your doing a transfer from your Neteller account back to your bank.<HR></BLOCKQUOTE>

my only complaint with neteller is that the eft process is slow, not fast. 4-5 business days before my eft clears into neteller is not fast.
 

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MY transactions are 24/48 hours and i've done 20 of them in the last 6 months so that doesn't sound right to me maybe you need to change banks.
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Now i see wht your saying, i was talking about payouts TO your bank from NETELLER. Your talking about the other way. I only like to do payouts
toast.gif
 

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One of my fears regarding NETeller is that they are growing and attracting too much attention to their business. Since they are Canadian, it would be fairly easy for the US gov't to take a trip ac**** the border and pressure the Canadian gov't to demand that NETeller closes its business to US customers either due to terrorist funding or offshore gambling concerns.

Given that the debit card drawing lots of praise is run by a US bank AND EFTs go through the US banking system there are other ways for the folks in DC to make NETeller less attractive (or not an option) to US customers.

I like the appeared stability of the company but frankly I would prefer it if they ran their operations in someplace other than North America and used a non-US bank for the debit card.
 

Kev

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If the u.s. wanted them closed, they'd have been so a long time ago.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Kev:
If the u.s. wanted them closed, they'd have been so a long time ago.<HR></BLOCKQUOTE>

exactly
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Kev:
If the u.s. wanted them closed, they'd have been so a long time ago.<HR></BLOCKQUOTE>

Why do you say that? My guess is that they have been flying under the radar a long time. Think about how long it took for the US to decide that Paypal should stop funding gambling for its US customers.

Do you think they are well known by the US authorities? If so, why do you think they have left NETeller alone?
 

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Swami..Just my opinion and no offense but your being a little paranoid my friend...
 

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I fear Neteller is preparing for the inevitable banning of US citizens. This is why they would want to expand to other world markets.

Looks like a survival move to me.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Dante:
Swami..Just my opinion and no offense but your being a little paranoid my friend...<HR></BLOCKQUOTE>

Thanks Dante, no offense taken. I'm generally not paraniod but I think the US banning transactions between US banks and companies like NETeller whose main business it deems questionable is a very real posibility.
 

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I remember back in early 2001 when I tried to get a payout from 5 Dimes via Neteller they said they were ceasing Neteller transactions because Neteller was on the verge of being shut down. At first I thought it was a cash flow problem but they sent me the money by check very quickly. Obviously 5 Dimes has changed their stance since that conversation but it's not the only odd thing I've heard about Neteller. I think it is probably owned by a book. I don't know for sure but I have strong suspicions which book it could be.
 

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Huge money flows in and out Neteller from Online poker rooms. Party Poker, PokerStars and others have more people playing there than the total customer base of many offshore books. They run tournaments where first place can be $100,000. That money is deposited in the players account where in most cases the player takes a transfer from Neteller to his bank. If Neteller transactions were banned in US I doubt if most of these online poker rooms could stay afloat.
 

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I could be off but I think Neteller started exploring other markets when the US started giving Canada a hard time. Neteller then opened up to its own Canadians.
 

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