Neteller Company Profile – Leadership, Partnerships, and Global Operations
About Neteller
Neteller is a brand that provides digital wallets and payment options and is part of the Paysafe family. Since its founding in 1999, Neteller has let users load funds, shop online, send money, withdraw cash, explore various payment methods, and obtain the Net+ Prepaid Mastercard when available. For companies, Neteller serves as a wallet-based option for making and receiving payments, linking up with the Paysafe payment network.
Mission and Business Focus
Neteller’s strategy consists of several focus points:
- Transactions via digital wallets
- Receiving payments from merchants
- Payments to customers
- Dealing in multiple currencies
- Crypto and Web3 payments
Main Market Focus
Neteller offers services to online trading, iGaming, ecommerce, cryptocurrency platforms, Web3 ventures, and businesses looking for various options to accept payments.
The Story Behind Neteller
Neteller has its roots in digital wallet services. It all kicked off in 1999 and gradually became a part of the Paysafe payment network, which includes Skrill, PaysafeCard, Rapid Transfer, and a bunch of other payment options.
Founders & Key People Neteller
Neteller doesn’t really market itself as a company run by its founders. Public leadership clearly stems from Paysafe, the payment company behind the Neteller brand, which operates through its regulated subsidiaries.
Bruce Lowthers
Roy Aston
Robert "Bob" Legters
Richard Swales
Ownership
Neteller has a specific structure worth noting:
- Neteller is a division of Paysafe Limited;
- Paysafe Financial Services Limited operates Neteller in the UK;
- Neteller and Net+ are trademarks owned by Skrill Limited;
- Paysafe oversees Neteller along with Skrill, PaysafeCard, Rapid Transfer, and various other payment methods.
Offices & Headquarters Neteller
Neteller’s headquarters is linked with Paysafe Financial Services Limited in London. Paysafe is based in various locations that adhere to regulations, such as Dublin, Jacksonville, Sofia, Lima, among others.
Global Reach
The availability of wallets might differ depending on the country, licensing, and type of product.
- Paysafe has around 2,800 employees scattered across 12 countries;
- Their offices can be found in places like London, Dublin, Jacksonville, Sofia, Lima, and more;
- Skrill and Neteller can be used in 130 countries, based on the latest Paysafe partnership information.
Licensing & Regulatory Info Neteller
Neteller operates through regulated Paysafe companies. The legal arrangements and licenses vary based on where the customer is situated and which service they’re using.
- Paysafe Financial Services Limited, better known as Neteller, is regulated by the UK Financial Conduct Authority as an electronic money institution under FRN 900015.
- Paysafe Payment Solutions Limited, which operates under the names Paysafe, Neteller, Skrill, Rapid Transfer, and Skrill Money Transfer, is regulated by the Central Bank of Ireland.
- Paysafe Financial Services Limited is registered with FINTRAC as a Foreign Money Services Business and with Revenu Québec as a Money Services Business.
- Paysafe has obtained a MiCA CASP license from the Central Bank of Ireland, allowing it to provide Skrill and Neteller crypto services across the EEA.
- Neteller employs various security measures such as anti-fraud monitoring, two-factor authentication, SSL technology, 128-bit encryption, and VeriSign certification to ensure account and transaction safety.
Business Partnerships with Neteller
Typically, Neteller partnerships are arranged through Paysafe’s payment platform, rather than creating separate brand agreements.
These partnerships zero in on digital wallets, various payment options, merchant checkout techniques, crypto access, trading sites, iGaming, and customer payouts.
- Pay.com: Paysafe has become a go-to acquirer for Pay.com, which now also supports Skrill, Neteller, PaysafeCard, and additional payment methods
- Paysafe Checkout / API integrations: Neteller acts as a wallet payment choice through Paysafe's merchant and developer setup
- Merchant wallet solutions: Skrill and Neteller assist merchants in accepting wallet payments, easing the process and offering chargeback protection for those transactions
- CMC Markets: Paysafe has teamed up with CMC Markets to provide Skrill and Neteller as extra payment options for trading clients across the EEA, Southeast Asia, the Middle East, and beyond
- Alchemy Pay: Paysafe has joined with Alchemy Pay to facilitate fiat-to-crypto purchases using Skrill and Neteller in 130 countries, covering over 40 fiat currencies
- Crypto exchanges and Web3 businesses: Through the collaboration with Alchemy Pay and Paysafe's crypto system, Neteller offers payment solutions for crypto partners and Web3 firms
- Betsson Group: Paysafe indicates that Skrill and Neteller are accepted payment methods for Betsson's iGaming brands in over 60 markets
- Luckbox: The esports betting platform has integrated Skrill and Neteller to provide payment options for users in more than 100 countries
- Affiliate Merchant Program: Paysafe markets merchant brands to its digital wallet users via merchant pages, web banners, newsletters, and other promotional avenues
Contact Details Neteller
Neteller mainly offers customer support through account login, help procedures, and its assistance center. Contacts for businesses, merchants, and media can be managed using Paysafe.
