I think it is important for anyone out there, US or NON US, contemplating doing any form of business with NETeller to know.
1) We all know they are not paying US People.
2) What many do not know is :
a) They are almost 6 weeks behind in payments to NON US persons
b) They are several weeks behind in paying NON US Merchants
c) They are losing relationships with financial institutions every day. i.e. can no longer send EFTs in Canada
Further, I think it is important that people understand, when a company like this falls this far behind, the odds of being paid become slim to none.
I strongly urge and suggest everyone with money tied up in NETeller, US and NON US alike, file formal complaints with the FSA in the UK.
Anyone with funds still in a NETeller account, whether consumer or merchant, who has not had a problem to date would also be best served withdrawing ALL FUNDS from NETeller as soon as possible.
1) We all know they are not paying US People.
2) What many do not know is :
a) They are almost 6 weeks behind in payments to NON US persons
b) They are several weeks behind in paying NON US Merchants
c) They are losing relationships with financial institutions every day. i.e. can no longer send EFTs in Canada
Further, I think it is important that people understand, when a company like this falls this far behind, the odds of being paid become slim to none.
I strongly urge and suggest everyone with money tied up in NETeller, US and NON US alike, file formal complaints with the FSA in the UK.
Anyone with funds still in a NETeller account, whether consumer or merchant, who has not had a problem to date would also be best served withdrawing ALL FUNDS from NETeller as soon as possible.