Neteller Makes Return to US

published Mar. 09, 2014

After being forced to leave the US market back in 2007, the online payment solutions company Neteller has stated that it is making a return. In January 2007 two Neteller founders were charged under the Unlawful Internet Gambling Enforcement Act or UIGEA as it’s better known, and while that law does not affect residents of the US who wish to play online casino games it does affect those individuals who facilitate financial transactions. We are now however in a different era of US online gaming and with 3 states already offering regulated online gaming and more considering it, the landscape has changed, however as yet Neteller have not stated as to whether or not they will be involved in online gaming again.

In a statement issued regarding their re-entry into the US market CEO Joel Leonoff said that, "The Neteller service and Net+ Card being launched in the U.S. are brand new services that have been developed to meet the unique needs of the U.S. marketplace, With our U.S. financial institution sponsor, we are leveraging Neteller's flexible deposit and payment options and with our expertise, resources and management are offering something truly unique in the U.S. Optimal Payments has been the trusted payments processing partner across the globe for over 18 years and we have set the standard for excellence in service to consumers and merchants alike." Recently in New Jersey, with credit card transactions proving somewhat problematic, Skrill has been chosen as the e-wallet service provider, and only time will tell if Neteller can get involved in the regulated online gaming industry, it must surely be on its radar.

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