Rumor: Neteller to stop making transfers to merchants in 12 hours

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  • Ganchrow
    SBR Hall of Famer
    • 08-28-05
    • 5011

    #1
    Rumor: Neteller to stop making transfers to merchants in 12 hours


    Believe it or not?
  • SBR_John
    SBR Posting Legend
    • 07-12-05
    • 16471

    #2
    Neteller is denying it. As I mentioned in the NT thread, I emptied my NT into a book for now. Seems like the smart move at least until the dust settles.
    Comment
    • Kdawg
      SBR Rookie
      • 03-09-06
      • 30

      #3
      John -- while speaking to an a rated book a few minutes ago, I learned that a lot of their customers now fear the worst and have begun massive payout requests (I suppose after this most recent news of neteller). I see you said you transfered all of your neteller money to books to be safe, but do you think if they do stop servicing us clients, books will be affected -- either from mass exodus or perhaps from neteller withholding their funds?
      Comment
      • Korchnoi
        SBR Sharp
        • 10-20-06
        • 406

        #4
        Originally posted by Kdawg
        John -- while speaking to an a rated book a few minutes ago, I learned that a lot of their customers now fear the worst and have begun massive payout requests (I suppose after this most recent news of neteller). I see you said you transfered all of your neteller money to books to be safe, but do you think if they do stop servicing us clients, books will be affected -- either from mass exodus or perhaps from neteller withholding their funds?
        for my thoughts you can see my thread :-)
        I'd love to hear John's thoughts on this myself.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          Its all over
          Comment
          • SBR_John
            SBR Posting Legend
            • 07-12-05
            • 16471

            #6
            Originally posted by Kdawg
            John -- while speaking to an a rated book a few minutes ago, I learned that a lot of their customers now fear the worst and have begun massive payout requests (I suppose after this most recent news of neteller). I see you said you transfered all of your neteller money to books to be safe, but do you think if they do stop servicing us clients, books will be affected -- either from mass exodus or perhaps from neteller withholding their funds?
            I don't see a mass exodus. Here in Costa Rica there has been nothing on that. This is a draw down time of year for the books normally.

            As mentioned Neteller is about 30% for the avg book. So no, even if they delayed payments to merchants(books) I would not expect the solid books to miss a beat. I dont believe that will happen. Unlike BoS this is a company that has everyones money and they will return it on demand.
            Comment
            • imgv94
              SBR Posting Legend
              • 11-16-05
              • 17192

              #7
              Originally posted by SBR_John
              Neteller is denying it. As I mentioned in the NT thread, I emptied my NT into a book for now. Seems like the smart move at least until the dust settles.
              Exactly what I did as well..
              Comment
              • Tchocky
                SBR MVP
                • 02-14-06
                • 2371

                #8
                Wouldn't be surprised. They just closed my account for trying to make an address change.
                Comment
                • sergfro
                  SBR Wise Guy
                  • 09-20-05
                  • 604

                  #9
                  looks like the only fastest way to get a decent amount deposited instantly is via ECHECK
                  Comment
                  • pags11
                    SBR Posting Legend
                    • 08-18-05
                    • 12264

                    #10
                    so you still think I'll be able to get my money drawn out on Monday or Tuesday John?...
                    Comment
                    • Aces
                      SBR MVP
                      • 09-22-05
                      • 1278

                      #11
                      Pags why dont you transfer it to a book ?
                      Comment
                      • pags11
                        SBR Posting Legend
                        • 08-18-05
                        • 12264

                        #12
                        aces,

                        I will do so once it hits my account...it won't do so until probably Monday...
                        Comment
                        • Bill Dozer
                          www.twitter.com/BillDozer
                          • 07-12-05
                          • 10894

                          #13
                          "Neteller to stop making transfers to merchants in 12 hours "

                          Getting rid of the InstaCash for the U.S. suggests that to me. If they close to the US and didn't do that they take on a much higher percentage of fraudulent charges. The InstaCash is just an advance of a normal EFT so I can't think of any other reason for the change. They had a press release scheduled for tomorrow since the 15th which also fuels the rumor.
                          Comment
                          • slash
                            SBR MVP
                            • 08-10-05
                            • 1000

                            #14
                            All my transactions are being declined right now....
                            Comment
                            • TLD
                              SBR Wise Guy
                              • 12-10-05
                              • 671

                              #15
                              I did two successful transactions (transfers from Neteller to sportsbooks) approximately an hour ago. Haven't tried any since then.
                              Comment
                              • slash
                                SBR MVP
                                • 08-10-05
                                • 1000

                                #16
                                I just had a friend test it for me, and he made a succesfull NETeller deposit.
                                Comment
                                • The Judge
                                  SBR High Roller
                                  • 01-12-07
                                  • 113

                                  #17
                                  Email from Bodog regarding NeTeller

                                  As you may already be aware, we are no longer able to process transactions from US NETeller accounts. We know that you have used this method recently to fund your account and wanted to reassure you that payouts via NETeller can still be requested and will continue to be processed to your NETeller account at this time.

                                  For future deposits into your Bodog account, we have a number of convenient options available. Our Instant Check method is a fast, free and secure way to transfer funds to your Bodog account directly from your US bank account. Additional options include deposit methods such as:

                                  Click2Pay

                                  Western Union (please contact Customer Service at 1-888-263-0000 if you wish to deposit using this method)
                                  We encourage you to visit Bodog's 'Deposit' page to review a list of these and other deposit methods we offer:



                                  As always, every deposit into your Bodog account is completely free and will generate a 10% reload bonus.

                                  Should you have any further questions about our deposit options, please don't hesitate to contact us at any time. Our highest priority is to offer you a safe and enjoyable wagering experience.

                                  Very best regards,

                                  Bodog Customer Service
                                  Tel: 1-888-263-0000 (ext. 2)
                                  E. service@bodog.com
                                  W. http://www.bodog.com
                                  Nothing but the truth!
                                  Comment
                                  • drishi
                                    SBR Rookie
                                    • 01-30-07
                                    • 1

                                    #18
                                    neteller wont allow withdrawals

                                    Anyone else having this problem. Does anyone else have a nongambling merchant to use in lieu of the issues being experienced?
                                    Comment
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