Sunday, July 3, 2016

What is Neteller and what are the uses for it?

Q. What is Neteller and what are the uses for it?

A. Neteller is an electronic currency for online payments (e-currencies are exchanged on computers). Money in a Neteller account can be used to pay merchants, sent to other customers of the service, or spent at any retailer that accepts MasterCard® using the Neteller prepaid card that is a part of the account. People in over 200 countries use the Neteller service to transfer money to and from merchants, such as financial institutions, social networks, or online betting firms, and can withdraw funds directly using the Net+ card or transfer the balance to their own bank accounts. You can receive salaries and payments for services in Neteller. You can use your local currency to buy Neteller for your account or change Neteller in your account to your local currency or transfer it directly to your bank account.


Q: Do you buy and sell other e-currencies apart from Neteller?

A: Nope.

We buy and sell Neteller only, because it is regulated and dependable. Since Neteller is authorized by the Financial Conduct Authority in the UK, they maintain the highest standards across their business and services around the world. Their industry-leading physical and electronic security measures and Anti-Money Laundering protocols ensure their members are protected as far as possible from identity theft and fraud.

Unlike regulated e-currencies, non-regulated e-currencies, in spite of wide acceptance, can give people unexpected heartaches. Take examples of e-bullion, e-gold, Liberty Reserve, Egopay etc. Many regulated e-currencies put restrictions on Nigerians, but Neteller is an exception. Neteller is bound to become more and more popular

If you want to buy or sell any other e-currencies apart from Neteller, you have to go somewhere else.

Neteller here:

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