Neteller is an e-money service provider that is owned by Optimal Payments PLC which was previously was known as Neovia Financial PLC. The mother company is a British firm that deals with worldwide monetary payment and has its headquarters located at Isle of Man. Just like all monetary service providers require being regulated; this company is controlled from the United Kingdom and has continuously done pretty well in facilitating payments. Originally, the company was founded when Neteller Plc, Netbanx Ltd and Optimal Payments amalgamated to create a strong basis of operations.
Those who whish to enjoy the company’s services are required to first of all things sign up for a Neteller account using the guide found at the company’s website. The sign up process is well taken care of such that each applicant is presented with an opportunity to pick exchange of choice from a wide range of major currency that best suits him or her desires.
Typically, the Neteller account can be loaded with money from different supporting sources which includes; credit and debit card, bank transfer, Giropay, Ukash and many other financial services. It all depends with the country where the process is taking place. Even so, it is wise to note that some financial transfers are instant thus they save the beneficiary from wasting time while waiting for the received money to mature before withdrawals can be authorized.
Neteller account is very convenient in facilitating online payments and purchases at any retail outlets where MasterCards are accepted. In addition to that, these cards allow traders especially those who wish to directly top up the card to do so at ease. Top up from gambling activities and insurance payments are some of the most common payments whose payment can be sent directly into the card user’s account.
Better still; cardholders are presented with an opportunity of withdrawing funds from their specific accounts by either way of check, bank transfers and a number of other withdrawal opportunities that are in line with the Neteller rules and regulations.
Currently, applicant for these services benefit form Neteller Net+, a product of the company that presents beneficiaries with virtual MasterCard which acts as a prepaid debit card. Additionally, the Net+ services come with specific cards which can be branded with respect to a particular program. The benefit of using Net+ virtual card is the knowledge that fraud cases are considerably reduced to manageable levels. Since each card number of every virtual card can only be used once, hackers and malicious fellows are denied the opportunity of getting away with the card holder’s money. They are limited from making transactions since the card number will have served its primary objective.
Besides all the annual benefits associated with the Net+ card, it still remains as one of the cheapest card to own. This reason is supported by the fact that it neither attracts any introduction fees nor demand for any annual charges. In different scenarios, the card can be loaded at an absolutely free of charge criterion especially when toping up from a bank account. However, the whole process is dependent on the service provider decisive factors.