An old favorite egaming wallet, Neteller was the first ewallet to make a comeback to America and was just introduced by WSOP.com in Nevada. It is already available as a payment option to gaming sites in New Jersey. At this time, it is only available as a deposit option and eventually available for withdrawals. Players would then be able to receive payouts to a Neteller debit card that would be available for ATM withdrawals worldwide.
Neteller was founded in Calgary and one of the original and the largest ewallet servicing the gaming industry prior to poker Black Friday. Customers who use Neteller can load their account and pay directly to the gambling website without revealing a credit card to their online gambling host. The company relocated to the United Kingdom where it continued to service European and other International customers while halting customer service in the USA and Canada.
Neteller customers can also transfer funds to other customers in exchange for paying a small fee for the transfer.
Mitch Garber, CEO of Ceasars Interactive, the company that owns and operates the WSOP online poker, was a former CEO of Optimal Payments, the company that owns and operates Neteller. The company is now headed by Garber’s former 2nd in command, Joel Leonoff, during their stint at Party Gaming.