06/25/2010

Online Casino Style: News
Neteller Popularity Surges


 

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  Though Neteller has managed to secure their own growing field of fans as their pre-paid credit cards become more popular with online gamblers, it seems that the internet casinos are now catching on to the trend, as UK bingo operators report that the e-processor is providing just what they were looking for. The parent company behind the Neteller brand, Neovia Financial, reported this week that they have secured contracts to provide e-processing services to more than 85 percent of the UK bingo operations.

Based out o f the Isle of Man, Neovia’s list of clientele continues to grow, with most of the well-liked online gambling sites showing up at their doorstep to sign agreements. Among them are popular UK websites such as Wink Bingo, 888 Ladies, Posh Bingo and even Foxy Bingo. The alternative to traditional credit card and bank access processing is clearly advantageous as more nations consider or are looking to restrict the transactional side of internet gambling, following in the US’s UIGEA footsteps.

It also allows more tentative players a chance to sign up and sign on without the risk of their financial data being compromised. By pre-paying credit cards, or utilizing e-Wallets, the sense of security increases dramatically for some players, opening up the marketing to those who would have otherwise avoiding online gambling. Meanwhile, free-to-play games are on the decline, as gaming companies become more competitive. The edge that Neovia/Neteller products provide to bingo operators is assuredly beneficial.

When players sign up for a Neteller e-Wallet, thorough identity and anti- impersonation checks are completed to build the profile. These extra security measure are positive points for the bingo sites, as well as the players, reducing fraud and risks across the board. For those who don’t want to set up a wallet, Neteller offers their prepaid Net+ cards, which can carry their winnings as well, usable at ATMs, online or wherever MasterCard is accepted.
 

 

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