Neteller Top Choice for Payouts

Neteller Top Choice for PayoutsNeteller, the leading financial transaction merchant to online casino sites, keeps on expanding due to parallel growth in the gaming industry. It is often the top choice for receiving payouts from the online casinos.

By John W | May 31, 2006
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Netellers latest results have shown how lucrative an association with the industry can be. The latest figures from the e-cash processor reveal that an estimated 2.6 million users rely on the service to make deposits of $4.7 million each day.

No less than 3,609 new gamblers signed up every day during this year's first quarter, while the total number of customers at the end of the quarter totaled 2.6 million. The firm's total revenues increased by 69 percent on the same period last year to $57.9 million dollars. Gross margins were also up by 73.5 percent. Neteller currently operates its site in English only. However last week, the company announced its intentions to expand across Europe following the regions fascination with the industry.

Local language sites and Euro payment options are planned, along with a 24-hour helpdesk facility in a variety of languages for players. Neteller has also penetrated the lucrative Asian market and provides services to Asian fans using a new Java platform. Currently its English language site has over 3,400 registered merchants across 160 countries and it leads the way as the industry's preferred merchant.
 
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