Optimal Payments re-launches NETELLER in the US

UK based payment service provider 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 will re-launch its popular NETELLER to the US market.

Back in 2006, Optimal Payments was forced to pull the NETELLER wallet from the US market after admitting to have operated as “an unlicensed money transmitting business". Now Optimal Payments is re-launching NETELLER and the Net+ Card through its federally-insured financial institution sponsor.

"The NETELLER service and the Net+ Card being launched in the U.S. are brand new services that have been developed to meet the unique needs of the U.S. marketplace. With our U.S. financial institution sponsor, we are leveraging NETELLER's flexible deposit and payment options and with our expertise, resources, and management are offering something truly unique in the U.S," said Joel Leonoff, Optimal Payments’ president and CEO.

Optimal Payments is familiar with the US market and its US outpost has provided payment processing services for online gaming in both Nevada and New Jersey, 2 out of the 3 legal online gambling states

"Together with our US financial institution sponsor, Optimal Payments will continue to be a leading provider of integrated payments solutions," Neil Erlick, executive vice president for business development, said in a statement.

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