January 18th, 2008
YouTeller Not Our Online Teller After All
Among the curious happenings of the month was the brief hubbub surrounding YouTeller, a UK-based firm which was briefly touted as being the ‘next NETeller’.
YouTeller, though, proved to be far too small to be seriously considered as a viable online-payment alternative, and from there the news got worse: NETeller assailed the small company for its use of the ‘Teller’ handle, which resulted in the parent company of the planned ‘YouTeller’ to reconsider its plans to enter the market.
Ultimately, YouTeller was only a blip on the radar, leaving the future of online-payment processing in the same turbulent waters as before.
