Neteller is alternative for paypal

For all paypal users....

Neteller works the same as paypal.

It has all the same features

(including member to member transfer).

I would imagine most poker sites

(that don't have neteller already)

will make this option available soon.

It is a good service.

I have had an account there for over a year...never any trouble and they do have a toll free number.

Same funding methods as paypal

and same 'verify your account' through your bank option.

Are they incorporated in the United States? If so - they will run into the same problems.


Do they transact with primarily casinos? If so, they will get shut down eventually by forced restrictions on the banks and credit card companies.


I think the best solution is for a foreign corporation that transacts with all kinds of companies.

are they FDIC insured?

Here's a good new business idea. To open a new service similar to paypal but base some where that's legal for them -- maybe like costa rica? it would be great if they could offer 10% interest and fdic insurance, too... hehe... i think i'm asking too much...

Yes I believe they are, your funds should Frequently Disappear In Cyberspace.

I do not have all those answers off hand.

Check out their website http://www.neteller.com

They have a toll free number.

Maybe someone could post those answers here after checking into it.

Truepoker has provided players with Neteller as a preferred payment method for some time. Our experience with them has been excellent. They process payments as quickly as anyone.


David Gzesh, CEO

Truepoker

Must agree.

I use neteller for my wsex transactions.

Never had a problem and just as fast as Paypal.

All poker sites would be wise to offer them as a option.

Amen to that.


Then all we'd need to do- would be to figure out a way to get neteller to offer an ATM card. /images/smile.gif

dolores, i can't beleive you pay that fee. don't you get charged $1.00 by paypal, and $1.00 or more at the ATM machine? i find it easier to transfer the funds to my bank, and use the bank ATM card free.


maybe i'm doing something wrong, but the $2.50 it averages for me to get my paypal funds via the card is too big a rake.


i won't miss paypal in that sense, as long as neteller does not screw up my direct deposits, and do it as quickly as paypal..


i for one am ready to jump ship no problem as soon as the sites pull the paypal icon.

Yeah- i hear ya. The convenience is nice though.


Anyway- neteller is much more professional- than paypal. I wont mind the switch too much-- as long as paradise implements neteller quickly. If they dont- then getting my money from PP to other sites (sportsbooks) is gonna be a real pain in the ass.

if paypal's gaming transactions are considered illegal and got fine 200k, what makes you guys think neteller is going to last?

Not US based- for one thing. /images/smile.gif Paypal wasnt going to last. Anyone who had any insight into what they were trying to do- knew that. They were a publicly traded company functioning as a bank- in the US- but they werent a bank. You gotta know that isnt gonna last.

First of all no one admitted any wrong doing. Second Internet gambling is not illegal at the present time. Most state constitutions have no clauses for internet gammbling whatsoever. As for the federal level -the Wire act does not apply to internet gaming and if it did it would only apply to those accepting the wagers. Usually, it applies just for sports betting


What's even funnier is the same states that are trying to get congress to ban internet gambling, have land based gambling themselves. Who are they to limit a form of entertainment and tell us what to do. Oh I see we can blow our kids college tuition in their taxed casinos but we cant do it in our own home, cmon. Now I agree that credit cards should not be allowed for gambling wagers, but when it comes to ones personal checking account the goverment has no buisness telling its citizens what forms of entertainment it can and cannot do with their own money. Now some will say well drugs are entertainment and they are illegal, well drugs kill people and the money from drugs goes to dangerous drug lords so thats why its illegal. As for internet casinos they are licnenced in democratic countries that are law abiding.


It all comes down to money. They can gloat and say oh yea we want to protect the people but that is just not true. With Some form of gambling legal in over 40 States in the U.S they have already set a precedent.

They are based out of Canada

That's the problem, there's no way to tax online gambling currently!


Also I've heard that there's no way to verify if the player is over 21 as a reason, but that sounds like a problem that's overcomable.


By the way, if drugs were legal, their profits wouldn't benefit "evil" drug lords. It's the fact that they are illegal that's making "evil" drug lords money. That's not a valid reason for outlawing drugs.


- Tony

Why do people have a right to do what they want with their checking and savings accounts but not with their credit cards? I also don't think the "drugs kill people so it's okay for those restrictions on personal freedom" argument holds water. Gambling destroys lives too. I won't even talk about the silliness of the "money goes to evil druglords" bit.


p.s. I'm not for the legalization of recreational drugs, I just don't like the argument you presented.

Is that because the crap argument you presented was so lengthly and made so much sense? Checking is different than credit because with credit you dont have to pay back and gambling debts are not enfocable under us law.


Next time you reply to someones post please atleast take the time to rebute the post and make sure it makes sense before posting it. Thanks.

Is that because the crap argument you presented was so lengthly and made so much sense? Checking is different than credit because with credit you dont have to pay back and gambling debts are not enfocable under us law.


Next time you reply to someones post please atleast take the time to rebute the post and make sure it makes sense before posting it. Thanks.

Well if you want.


I agree that credit cards shouldn't be allowed to be for gambling wagers, but when it comes to ones personal checking account the goverment has no buisness telling its citizens what forms of entertainment it can and cannot do with their own money.


The government doesn't have the right to tell me what I can and cannot do with my own money? Setting aside the many, many things that the government restricts us from doing with our money there are still some problems there. Why can they restrict things I want to do with my credit card but not with my checking account? Where does the line get drawn? How about a home equity line? Can I gamble that money online? It's supposedly "mine" but I also need to eventually repay it. If I've earned the right to credit shouldn't I be free to use it however I want to? The credit cards not being allowed has nothing to do with personal rights, it has to do with allowing online gambling being bad business for the credit card companies so they simply stopped allowing it. Since you need things spelled out I'll explain why it's bad business for the credit card companies, people run up large debts and can't pay them. Similar to why there's a limit on your cash advances. Moving along, the reasoning for making gambling online illegal is to limit accessibility. Same as the states that have boarding time rules and limit the number of table games running or require the casino to not be land based, it's designed to prevent gambling from becoming totally pervasive. If it was legal everywhere there'd be slot machines in Walmart and people would be going broke at an alarming rate, putting more of a strain on the country as a whole when they lose their house or get sick and can't pay for the medical treatment. However the Internet is providing a way for people to gamble whenever they want, so restricting it's use might very well prevent a lot of lives from being ruined. Sure, tax money is an issue as well but that doesn't mean that there aren't other reasons to restrict internet gambling.


As for the other ridiculous point:

Now some will say well drugs are entertainment and they are illegal, well drugs kill people and the money from drugs goes to dangerous drug lords so thats why its illegal.


Last I checked the two drug that kill the most people in the united states are Nicotine and Alchohaul. It's been estimated that 80% of violent crimes are Alcohaul related and I forget the stat for automotive fatalities but it's pretty ridiculous there too. Know how much the nation spends annually treating illness caused by cigarettes? Me either but it's a lot. So I'm afraid I'm not going to swallow the drugs are bad for people so that's why they're illegal. Lawmakers aren't particularly concerned with preventing behavior that is bad for us, otherwise I wouldn't be able to order most of the food I eat. In the creation of any law restricting behavior you need to balance the rights of personal freedom against the protection of others (expressed earlier as "society as a whole"). Drugs aren't illegal because they kill people, they're illegal because the desire to use them causes people to do things that damage society. Nobody is out there committing crimes to get money to go fishing or get their piano tuned; however, some piece of trash did break into my garage and steal my stuff so he could buy heroin, and I don't think that was a groundbreaking case. Similarly, gambling damages lives and drives people to destructive actions. For that reason it needs to be restricted. The dangerous drug lords bit is hilarious. I don't think I'm putting out any breaking news or exposing myself to the possibility of being rubbed out when I point out that legalized gambling has very, very shady roots. Plus things aren't made illegal because of the people that do them. If Saddam Hussein(sp? I don't care) started a successful line of women's hosiery it wouldn't become illegal to wear them because he's a bad man.

It all comes down to money.


real profound


They can gloat and say oh yea we want to protect the people but that is just not true.


do you know what the word "gloat" means? Can't see how it's appropriate here. You gloat over a victory, you don't gloat a false motivation.


With Some form of gambling legal in over 40 States in the U.S they have already set a precedent.


Yes there is a clear precedent set, almost all of those states have restrictions on the gambling the allow.


Next time you reply to someones post please atleast take the time to rebute the post and make sure it makes sense before posting it. Thanks.


lol