What does NT do differently than any other failed money transfer service which services gaming and porn? I mean the chargebacks trickle down and back to the banks which terminate your vendor account fairly quickly. Does NT cover bad debt here or stick the operators with charge-backs? How have they been so sucessful where others have failed?
Boddy, Nt's success is due to a number of factors. They have grown along with the gaming industry and the success of online poker has meant their success. NT indemnifies all merchants against chargebacks, which is one of the main reasons why betting sites choose them over any one else. Their listing had also made them more open and trustworthy in the eyes of the punters, and this means more customers. According to their results that came out last week they have now reached 1,500,000 members and have 80% of the gaming market.
Have a look at their website for more detail, but they take-in way over $1m a day in receipts. And looking at their growth into Asia it looks like there is more to come.....
Have a look at their website for more detail, but they take-in way over $1m a day in receipts. And looking at their growth into Asia it looks like there is more to come.....
