THE BENEFITS OF NETELLER
On June 15th, 2002 Citibank (the largest
credit card issuer in the USA) announced that it would be blocking
all attempted online gaming related credit card transactions. It
joins a long list of major credit card companies who have been trying
to protect themselves against fraudulent chargebacks and other credit
misdemeanours. So what did this mean for our industry?
Well, it became increasingly difficult to purchase casino credits
online with your credit card because the companies do an instantaneous
check to see what organization is charging the credit card, and
if it is an online casino it is automatically rejected. To get around
this, the industry turned to PayPal. But then they were bought out
by EBay who decided that they weren't going to accept any more casino
money after the end of November 2002! So today I am going to take
a look at the saviour of online gaming: NETeller and how it helps
you get your casino credits quickly, easily and safely.
NETteller has been around for a few years now and allows you to
easily send money to eachother, without having to incur the cost
of accepting credit cards, or the risk of sending checks in the
mail. Basically, you register your credit card with NETteller and
add money to your account from your credit card and any casino purchases
you make with your NETeller account are charged to your NETeller
account, not your credit card. In turn, NETeller immediately charges
your credit card, with no extra transaction fees. In basic terms,
your credit card company won't reject the purchase because you are
purchasing from NETeller, not a casino!
Once you have your account all set up at NETeller and you have
registered your credit card with them, your online gaming transactions
are as easy as they always were with your credit card, and some
online casinos are realizing that NETteller is definitely the way
of the future for their industry. You can now make purchases and
withdrawals and most casinos using this great new payment service.
Here are some casinos that offer NETeller:
The Vegas Grand - Get 20% on your first purchase
Grand
Aces - Buy $125 get $125 free!
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