NEW PREPAID CARDS FOR NETELLER USERS
29 August 2008
October launch for new card product
The Isle of Man e-cash processor Neteller plc is to
offer customers a new prepaid card service in October
this year following an agreement with the Conister
Financial Group plc subsidiary, TransSend Payment
Services.
The partnership will make available to Neteller users
the Net+ MasterCard Prepaid Card facility. Neteller will
soon offer its e-wallet users the Net+ card, which the
company claims will provide increased value, security,
privacy and convenience.
By early October 2008 e-wallet consumers will have a
choice of two new products:
A virtual Net+ MasterCard card for use online. The
virtual card application generates a single use, unique
16 digit card number and populates the checkout page
with full payment details for the user. The Net+ Virtual
Card offers the convenience of paying online (everywhere
where MasterCard is accepted) from a computer combined
with high level of security and privacy. The Net+
Virtual Card will be part of the Neteller Desktop which
will also enable users to view the balance on their
e-wallet accounts without the need to visit the main
Neteller site.
The second choice is a physical Net+ MasterCard card to
access funds within the user's e-wallet at
points-of-sale or by withdrawing cash at ATMs. The card
will be usable at 27.3 million locations, including 1.9
million ATMs, worldwide where MasterCard is accepted.
The integration process between Neteller and TransSend
is at an advanced stage, with the early October launch
on schedule, a statement from Neteller advises.
Ron Martin, President and Chief Executive Officer of the
Neteller Group, said: "This is another important
milestone for Neteller and demonstrates further evidence
of the Group delivering on its strategy. The anticipated
launch of the Net+ prepaid cards will provide our
consumers with a more effective and cost-efficient way
to withdraw and utilise funds in their e-wallets."
Richard Jones, CEO of TransSend, said: "Neteller's
position as a leading provider of innovative payment
solutions and their widespread customer base in both
gaming and non-gaming markets made them an attractive
partner for us. We fully expect that this partnership
will generate one of the leading prepaid card programmes
in the market today and are excited about the
opportunities we see within Neteller’s card-based
strategy for further developments."
Online Casino News courtesy of
InfoPowa
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