Neteller shuts down Instacash for US players!

[silcnlayc]

It is now 5:55 pm est and I just talked with Neteller and and as of 5:45pm est today, Neteller has retired the instacash feature for all of US players.!!


I found out by trying to deposit with this feature just a few minutes ago and couldn't figure out why it kept denying me so I called them and they said they will offer this no longer to US players....geezes....talk about a low blow!

[winbig]

The beginning of the end of Neteller....

[indicka]

The beginning of the end of Neteller....

You think? Give them a little time...theyre just changing costumes.

[winbig]

You think? Give them a little time...theyre just changing costumes.

Actually, I do. Neteller is one of the very few places still offering transactions to US players. Once they drop the US altogether, I doubt they'll stay afloat.

[silcnlayc]

Update...Neteller will only take EFT and bank wire deposits only, at this time.

[winbig]

Update...Neteller will only take EFT and bank wire deposits only, at this time.

I think I'm just going to close my account with them altogether until this blows over. I have since changed banks, and would need to create another account anyways. I've been using gift cards to fund Neteller, but since they can't provide that for now, it's no loss.

[indicka]

Actually, I do. Neteller is one of the very few places still offering transactions to US players. Once they drop the US altogether, I doubt they'll stay afloat.

These guys all have floatation devices on before hitting the waters...theyll stay afloat, come back with a bigger ship next round..
Maybe the name Neteller will sink...perhaps they were tired out that name anyways...theyll return with another name, new masks, new methods. (yeah..I'm also into conspiracy theories )

[winbig]

These guys all have floatation devices on before hitting the waters...theyll stay afloat, come back with a bigger ship next round..
Maybe the name Neteller will sink...perhaps they were tired out that name anyways...theyll return with another name, new masks, new methods. (yeah..I'm also into conspiracy theories )

Check out the thread about where the founders were arrested. Americans accounted for 75% of their business in '06. They cannot survive without the US market. They would never recover.

[vinylweatherman]

Check out the thread about where the founders were arrested. Americans accounted for 75% of their business in '06. They cannot survive without the US market. They would never recover.

They may have seen this coming. They have been expanding aggressively into other markets, even the far east and Asia. Many of the unexpected maintenance outages last year was for them to add new language support to the website. Existing issues seemed unimportant, and maybe that was because complaints were largely from US players, a market they feared might be lost to them.
This has probably happened earlier than they had planned, as they were probably hoping to see the results of the 270 day consultation period after the signing of the "safe ports" act, and then formulate a plan to comply with it, object on the grounds it was impossible to implement, or even find a loophole in the provisions. This would have given them a few more months, but they have had to react now. The fact that they are still willing to accept wire deposits and EFTs shows they are hanging on to as much as they can, for as long as they can, while they push into the new markets.
Those of us who play in these new markets may notice a sudden marketing push for Neteller, which will probably involve the casinos giving out special extra bonuses for Neteller deposits, much like the US players are getting for Payspark and eCheck at present, probably the next targets for the FBI.

[vickie40]

Alright, I need some guidance..I've been using Neteller exclusively since Firepay went by the wayside. What is my next best option for funding my gambling habit since I live in the US?