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Online Casinos Strategies - Online Casinos Witness Neteller Growth
Neteller, the most well-known online casinos e-cash processing company, has made headlines once again. Recently, the company has paid out 12.36 million this week in order to significantly increase its presence in the UK. The large sum went towards the acquisition of credit card processor Netinvest and its subsidiary Netbanx. Now, with the additional companies and their products under its wing, Neteller will most likely provide online casinos members with more benefits when using Neteller.
Netbanx was founded in 1996, and has strong relationships with all of the major UK acquiring banks. It also has ties with Visa, MasterCard, Diners Club, American Express, Euroconex, and Pago. 'Netbanx will provide NeTeller with the ability to process its own credit card transactions, retaining a greater proportion of margin in-house,' said Gord Herman, chief executive of Neteller. Online casinos members will probably have smoother transactions due to the favorable changes at the online casinos financial processing company.
In the current situation, Neteller processes an estimated GBP 10 million of credit card payments each month. This online casinos transaction giant is definitely becoming a true leader in its own right, quickly making its way into the thousands of online casinos all over the world.
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