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NEW DIRECT DEBIT SERVICE FROM NETELLER
Internet financial processor Neteller plc has announced the launch of its new paperless Direct Debit service as part of the Neteller Payment Suite.
Neteller claims that the new service enables online retailers to offer a speeded up and simplified sign-up process to UK customers and decreases administrative costs and errors, obviating the need for merchants to go through the expensive and time-consuming process of obtaining AUDDIS compliance.
Setting up traditional direct debit mandates has been a lengthy and error prone process as it is reliant on the merchants posting correct forms, the customer filling them in, the postal service and the accuracy of staff keying in data.
With the simplified process, when the customer has finished the application via telephone, Internet, keypad or interactive TV, the merchant can start invoicing and providing the service immediately. The new service means that customers will be, on average, ‘live’ with Direct Debit six days earlier.
Because the service is offered as an integrated part of Neteller's Netbanx gateway, the merchant can get paid quickly by taking a customer’s first payment by card while the customer’s Paperless Direct Debit application is being processed.
The new facility joins the Neteller Payment Suite, which features the Netbanx international payments gateway, the Neteller e-wallet and Net+ cards.
Normally, retailers who want to accept paperless Direct Debits have to achieve Automated Direct Debit Instruction Service (AUDDIS) status, which can be expensive and time-consuming. The Netbanx service removes the need for the retailer to obtain this status, ensures compliance to all relevant financial and legal requirements, and maintains the same level of security and customer protection as traditional direct debits.
Due to tighter security measures including 3D Secure, taking repeat payments via a credit card is becoming more difficult. Already, Maestro Card does not allow repeat or recurring billing. Using paperless Direct Debit is an alternative to merchants as they also charge on pence-per-transaction rather than the transaction value.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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