Neteller information
NETeller has been the dominant online gaming payment processor since 2002 - when eBay bought PayPal leaving NETeller and Firepay as the only two genuinely viable options for online poker players to securely deposit and withdraw.
The speed of the NETeller payment processes ensured they rapidly became an almost-monopoly in the gaming transaction industry; a position they enjoyed almost unchallenged until Moneybookers entered the market. After the UIGEA and subsequent arrest of their co-founders, NETeller lost their way in 2007. A number of factors [most notably a shockingly unprofessional culture within the CS departments] allowed Moneybookers to grab a substantial % of market share - making it very much a two-horse race for a few years.
But 2010 has seen the resurgence of NETeller - the company has finally started listening to players and now look certain to recapture their market dominance of previous years.
