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Neteller is an electronic banking method that was founded in 1999 in Canada. In 2004, it relocated to the Isle of Man. Neteller is a global online payment system that provides an online stored-value account.
Many of its clients use it for depositing, withdrawing and transferring funds to approved dealers. The company is registered with the British Financial Services Authority. Therefore, Neteller is required to keep the client’s funds in trust accounts, so that it can always payout customers’ balances. Keeping clients funds in a trust fund gives its customers security and fosters faith in the Neteller service.
This well-known company offers consumers both a secure and private online alternative, apart from the traditional payment method. Many users regard this service as reliable.