Popular Casino Payment Option, Neteller, Integrates Bitcoin Deposits

Days after Optimal Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, the group behind the Neteller brand, announced that it was buying rival Skrill for €1.1 billion, more news arrived from the firm. In what is being billed as a surprise move, Neteller has begun to support bitcoin for deposits. With the integration, users will be able to choose bitcoin as a 0% fee form of deposit to fund their Neteller accounts.

Once funded, Neteller provides currency conversions allowing accounts to hold funds in over 20 currencies, including the majors ones such as the US dollar, euro, yen and pound, as well as from emerging markets with the Mexican peso, Indian rupee, Russian ruble and Tunisian dinar. In addition to its accounts being a popular form of payment among many online service firms such as online brokers and casinos and eCommerce companies, Neteller issues prepaid credit cards which operate on the Master Card network.

The addition of bitcoin deposits is being viewed as somewhat of a surprise as management initially had been reluctant to add support for the digital currency. However, not believed to be added as yet is the ability to process bitcoin withdrawals, with service limited to deposits. Nonetheless, bitcoin support does provide a recognized payment option for bitcoin holders to purchase and fund pre-paid credit cards as well as to issue deposits to the many Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term and casino firms that still don’t support bitcoin deposits.