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Neteller Payment Processor Online Casino Success

As the online casino industry continues to grow at a rapid pace, it seems that the success of Neteller, one of the leading online casino payment processors, does as well. The latest figures reported by the online casinos payment leader, show that an estimated 2.6 million users around the world use and rely on Neteller’s service to make deposits of some US 4.7 million dollars each day to online gambling sites.

Total revenues for this online casino processor’s firm were up by 69 percent on the same period last year, reaching US 57.9 million dollars. That is quite the increase over a one year period for the online casino payment provider. Even the gross margins were up by 73.5 percent. Regarding new members who joined the provider, an average of 3,069 new online casino gamers signed up on a daily basis during this year’s first quarter. The total number of customers, totaling 2.6 million, was tallied at the end of the quarter.

Although the site of the online casino payment provider only operates in English, plans for a world (mainly Europe-wide) expansion have been announced. Local language sites will be launched to make online casino players all over the world have more convenient access to this payment provider. Euro payment options will also become available for online casino players everywhere. A 24/7 help desk will also be opened in an array of languages to assist online gamblers everywhere. With such great progress, success, and expansion, it is easy to see why Neteller is now a name and trusted payment option trusted all over the world.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.