Neteller's New Online Gambling Wallet: 1-Pay
Published: Tuesday, May 09, 2006 Online-Casinos.com
MEET NETELLER'S NEW ONLINE GAMBLING WALLET PLATFORM 1-PAY
Isle of Man online gambling processor has big plans for the Far East
Hard on the heels of its announcement that it is to launch its services in German, French, Spanish and Italian, Neteller this week introduced the online gambling world to 1-Pay, a new payments platform for Asia.
With over 2.6 million customers and 3,400 merchants across 160 countries, the English language version of the firm's e-cash transfer service formed in 1999 has seen remarkable growth, and the company is now looking to drive the service within four new European countries by enabling customers to transfer money from their local banking systems, in Euros and in the local language.
Neteller says it has already seen a significant growth in sign-up rates from new customers, particularly in Germany and France.
The vendor's new 1-Pay payments platform is targeted on the Asian region, where the service has undergone extensive testing during the last quarter and is now integrated with a number of key merchants in the area. The company already runs a Japanese site which was launched in 2005.
Neteller says it is has recently completed a major technology overhaul, replacing its existing member application technology with a more scalable Java platform which will provide the necessary foundation to support its continued aggressive member and merchant acquisition plans.
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