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Youteller Launcing - Will It Replace Neteller
Youteller , a much discussed replacement to Neteller , is set to launch on March 1st .
New customers will be able to register a YouTeller.com account only at a member's invitation. "Our servers could not handle the traffic if we open our doors for a public sign up. But it is our first priority to provide our customers with a stable service and a reliable support", says Florian Schweitzer, spokesman of the London-based technology company Seed Capital Ltd. and adds: "YouTeller.com follows the GMAIL model. It will be a community-based payment processor". Within March YouTeller.com will invite 1000 customers, who have already signed up during the preregistering period. Public account registration is "not planned within the next few months".
Schweitzer believes that their "150 Euro per account and transaction limit" will help them to be "not interesting for terrorists or other criminals". "Our target group are people who play community-orientated online games like poker, chess or role-playing games. People who need instant and worldwide payment processing." underlined Schweitzer.
The network-orientated registration process has a second advantage: The security system can track money laundering networks easily. Schweitzer emphasizes that they will cooperate with national and international institutions in cases of money laundering while they care about their customer's privacy. "We will not give anybody access to our customer's personal information except when a court or governmental regulators may require us to disclose information about them. In this case we will disclose only the information which is required", declared Schweitzer.
Earlier this month, shortly after the Isle of Man-based payment processor Neteller had announced its decision to pull out of the US gaming market, Seed Capital Ltd. introduced their new payment processing service 'YouTeller.com'.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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