NETELLER news - Stop Canadian and Turkish Market
NETELLER, the leading global independent online money transfer business have announced several significant changes to its services in a number of markets.
Neteller continually assesses the risk profile and status of the markets its serves. Recent actions by regulators, payment processors, and online gaming operators have increased the uncertainty around certain activities related to online gambling in some jurisdictions. Their Directors has decided that the NETELLER Group will no longer process transfers related to online gambling sites on behalf of Canada or Turkey resident customers.
Reduced Service to Canada . That also means suspension of InstaCASH transactions.
They will be pulling out of Canada and Turkey effective April 9th, 2007.
Non-gambling services continue: Canada-resident customers will continue to be able to use their e-wallet accounts for non-gambling transactions, including peer-to-peer and pre-paid debit transactions.
Customer funds of Canadian residents, are held in a pooled, segregated trust account and will be available for withdrawal by customers, on demand. Canadian customers continue to be able to use their e-wallet accounts for non-gambling transactions.
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Ciprian13 says:
REALLY FAST
They’ve stopped their services really fast after the laws against casino websites were approved in Turkey and Canada.
April 2nd, 2007 at 4:28 pm