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Author Topic: Neteller now is using Bitpay to accept Bitcoin as deposit method - Big news!  (Read 10222 times)
HostFat (OP)
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March 24, 2015, 08:41:08 PM
Last edit: April 17, 2015, 06:37:31 PM by HostFat
 #1

UPDATE - Bad news:
http://blog.neteller.com/2015/04/new-deposit-option-bitcoin/
Mastercard has limited this possibility.



Zero fees

Paypal loser Cheesy



Took from Reddit (and verified)
https://www.reddit.com/r/Bitcoin/comments/3064th/netellerbtc_apparently_you_guys_were_successful/

Neteller also offers a pre-paid card:
https://help.neteller.com/app/answers/detail/a_id/1306
https://help.neteller.com/app/answers/detail/a_id/2363

EDIT:
http://www.coindesk.com/neteller-bitcoin-deposit-policy-reversal/

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March 24, 2015, 08:44:42 PM
 #2

I've done some searching but I couldn't find news related to this. The only thing that I found dates back to 2014. When they've updated their policies: http://www.coindesk.com/online-gambling-payments-pioneer-neteller-snubs-bitcoin/.

This is excellent news actually. Could you provide us with a link or two?

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March 24, 2015, 08:45:49 PM
 #3

I didn't find the official news anywhere, but you can login to your Neteller account to check yourself Smiley

Maybe it's coming in the next hours.

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March 24, 2015, 08:47:33 PM
 #4

i bet paypal will move pretty soon too now -they surely dont wanna lose this race.

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March 24, 2015, 08:49:14 PM
 #5

This is great news! Smiley
However it would be so much better if they decided to keep the BTC instead of automatically convert them to fiat. Also, the other way around (withdrawing to bitcoins) would be awesome. Let's hope that's implemented soon.

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March 24, 2015, 08:55:53 PM
 #6

Well its not the case here in Germany I can tell you that.
I have just logged onto the site and there is no bitcoin option.

http://www.neteller.com/fees/

Look for yourselves before getting excited about this 'news'.
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March 24, 2015, 08:58:06 PM
 #7

I'm signing from Italy, just did it, I can still see it ...

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March 24, 2015, 08:58:20 PM
 #8


holy shit this is awesome, i hope they allow you to convert in and out of bitcoin also, i trust these guys alot.
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March 24, 2015, 09:00:00 PM
 #9

holy shit this is awesome, i hope they allow you to convert in and out of bitcoin also, i trust these guys alot.

It doesn't seem so, at least in the immediate future. If they use Bitpay for deposits it means they don't want to hold bitcoins and they won't have BTC to allow withdrawals that way.

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March 24, 2015, 09:03:33 PM
 #10

If this is true then that's great news, IF it's true, can I see some verification on the forums please before we all get giddy?
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March 24, 2015, 09:04:03 PM
 #11

holy shit this is awesome, i hope they allow you to convert in and out of bitcoin also, i trust these guys alot.

It doesn't seem so, at least in the immediate future. If they use Bitpay for deposits it means they don't want to hold bitcoins and they won't have BTC to allow withdrawals that way.


man, why dont they just do a 2 way deal using bitpay, that would be great, we can ask for this.
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March 24, 2015, 09:47:52 PM
 #12

Well its not the case here in Germany I can tell you that.
I have just logged onto the site and there is no bitcoin option.

http://www.neteller.com/fees/

Look for yourselves before getting excited about this 'news'.

+1 (logged from UK).
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March 24, 2015, 09:50:05 PM
 #13

UK company (a time used by somes exchange instead of Paypal).
Fees is good with ukash bonds ... for example.
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March 24, 2015, 09:52:06 PM
 #14

Great news!

More and more payment processors are starting to add the option of funding the account via bitcoin.
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March 24, 2015, 10:30:12 PM
 #15

I would normally say fud as no-one has logged in and verified, certainly not for europe. U.S?

but poster is staff legendary member so giving hope it's true

any links? coindesk etc?

no mention on their twitter
https://twitter.com/NETELLER

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March 24, 2015, 10:32:25 PM
 #16

I logged and verified, from Italy Smiley

It doesn't finish the process, so maybe they are still fixing it.

I asked to someone else to try it from mobile, and here it works, they are using Bitpay.

Neteller is leader as payment processor for gambling websites, at least in Europe.

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March 24, 2015, 10:37:13 PM
 #17

What is Neteller? I assume it is a euro company?

When they started their niche was gambling sites (around the time Paypal dropped all gambling), but that was a long time ago.
Do they have a decent market share for online payments, anyone know?

Edit : I just saw the above post, glad to hear the good news.  Smiley

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March 24, 2015, 10:38:51 PM
 #18

What is Neteller? I assume it is a euro company?

When they started their niche was gambling sites (around the time Paypal dropped all gambling), but that was a long time ago.
Do they have a decent market share for online payments, anyone know?

neteller bought skrill literally other day for 1.1 BILLION Euros
http://forexmagnates.com/skrill-bought-by-rival-payments-provider-neteller-for-e1-1-billion/

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March 24, 2015, 10:44:22 PM
 #19

Hmm, don't see any legit news sources as of yet.

For now, I'll file this in my mental file cabinet as rumor.  Not verified by anything yet (Sites, Twitter, News feeds etc).

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March 24, 2015, 10:50:34 PM
 #20

Neteller also offers a pre-paid card:
https://help.neteller.com/app/answers/detail/a_id/1306
https://help.neteller.com/app/answers/detail/a_id/2363

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