NETeller expands into Europe - Online Bingo News

NETeller, the Isle of Man based online payment company is now authorised and regulated by the FSA for further European countries. This will give online bingo companies even greater marketing scope for their bingo products.

The NETeller Payment Suite now offers many new services and improved functionality, including NETBANX international payments gateway that will allow merchants greater all round freedom.

Established in 1999 NETeller took over where Paypal left off, and has been providing a trusted method of online fund transfer for online bingo, casino and poker fans the world over.

Despite the company's withdrawal from the US market with the advent of the UIGEA in 2006, the company was targeted by the DOJ and fined millions of dollars for offering its services to US customers.

Up until now only four European countries were supported by NETeller, the UK, Spain, Sweden and Portugal. NETeller will now be available in Estonia, Hungary, Latvia, Lithuania, Slovakia and Slovenia. The regular NETeller e-wallet solution will soon also be available to customers in Romania and Bulgaria.

Online bingo sites and casinos will be able to offer even more multi-currency options to attract bingo and casino players from practically all corners of Europe.

NETeller also brings expanded currency support, where players will be able to open NETeller accounts in their own currency, thus minimising currency exchange fees.

Written by Charlene Grey for BingoStreet.com – the UK’s top resource for all things online bingo and the latest and greatest online bingo promotions.