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  1. #1
    Vallerius's Avatar
    Vallerius is offline Independent Reporter
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    Default Experiences with Neteller and other processors

    Has anybody experienced any problems with Neteller since the U.S. legislation passed? I've heard a few scattered reports of webmasters no longer being able to deposit with Neteller in recent weeks.

    I'm pretty sure that Neteller has not yet made any changes to their operations because they are waiting to see what sort of rules the Fed comes up with. So it seems to me that if a person is no longer able to deposit with Neteller it must be due to the person's bank assuming that payments to Neteller will be used for online gambling.

    Can anybody share any experiences or insight on the matter? Is anybody having problems with any other payment processors?

  2. #2
    universal4's Avatar
    universal4 is offline Forum Administrator
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    Default

    For those considering switching to Payspark instead of Neteller, watch yourself with the fees.

    Although Payspark is easy to use and it's nice that deposits to the card immediately show up in your debit card without having to first move it before withdrawl, the fees are HUGE compared to Neteller.

    If you look at the fees for both you will find that it is roughly 150%-200% higher. On avaerage, you pay roughly $4-$6 to widthdrawl $800 from your Neteller card. This counts the amount you pay to transfer to the atm card and the amount you pay for the widthdrawl.

    Now look at the amount Payspark charges, 2% or a maximum of $15. So even if the bank you are using only charges $1, you will pay $16 to widthdrawl $800 which is a large increase over $6.

    Another serious flaw we have found with Payspark is that they do NOT show the amount of available balance for widthdrawl. You are allowed a maximum of $5000 per 7 day period. If you attempt to take more than that amount, it will run as an Insufficient Funds transaction and your account will be charged 40 cents. You will not even see the 40 cent charges unless you request a statement.

    Since they do not show the amount of available balance anywhere, you must figure out on your own how much is available for widthdrawl.

    We urge everyone using Payspark to request that the available withdrawl balance be shown, within our accounts page somewhere.

    Rick
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  3. #3
    absolutebet is offline Private Member
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    Default

    What is the scoop on Click2Pay? Has anyone used their services?

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