Payment Processor Neteller Grows Due To Popularization Of Online Casino Gambling.

Neteller, an online casino payment processor, has announced its very positive first quarter results. The company is growing in line with the expanding online casino gambling industry. Neteller is a company that provides payment facilities on the internet for thousands of companies and individuals. The online casino industry is one of the major users of Neteller because it allows the bettors to process deposits and winnings in a hassle-free manner and without the commitments of using credit cards or bank details. Fans of online casinos transfer billions of dollars on a monthly basis through Neteller, and the expansion and growth of the online casino industry is certainly a contributing factor to Neteller's successful first quarter reporting which was recently released.

The company announced that it has average daily receipts soaring over the last three months to around $4.7 million a day. It also revealed that average daily sign ups for the quarter reached 3,609, with a total of 2,645,502 customers signed up to the service by the end of the three months. It was not clear how many of these signups were through online casino site links, but a very high percentage is assumed. Online gambling sites transfer billions of dollars daily to and from players' accounts and it's clear to see how the online casino industry could positively affect the reporting of Neteller.

The company which is based on the Isle of Man, (along with several online casino companies), has localizes sites in France, Germany, Italy, Spain and China. Like with the online casino industry, Neteller realized the benefit of focusing on specific target audiences in order to increase their market capacity.

Neteller is probably the most convenient and most popular way to transfer your money to/from online casinos. Most of the Internet casinos accept Neteller as a deposit and withdrawal method. As far as some of the US banks block gambling transactions made by credit cards directly, the best way to gamble online is opening a Neteller account and fund it with your credit card. You can learn more about Neteller and other casino deposit options here.

Source: USA Casino


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