Neteller - Down

[WagerPod]

I wonder how much this is costing them, I remember when PayPal was taken down for an hour due to a DDOS attack in another country and I think they lost like £35 million per hour or some silly figure like that.

[ocreditor]

I wonder how much this is costing them, I remember when PayPal was taken down for an hour due to a DDOS attack in another country and I think they lost like £35 million per hour or some silly figure like that.

Its a 6 figures number at least !

[dfiocch]

I wonder how much this is costing them, I remember when PayPal was taken down for an hour due to a DDOS attack in another country and I think they lost like £35 million per hour or some silly figure like that.

£35 millions? At least...

[wonderpunter]

Its a 6 figures number at least !

They Charge around 4 euros each ATM Withdraw + up to 3% fx fee.. And it's End of the month Payday "Easter" I would say quite a lot.. However they wont lose, Just delay perhaps as everyone will start drawing as soon as its back up.

[Progger]

is better to ddos paypal...worst **** service ever...

paypal can freeze your money up to 120 days....just for fun .

[universal4]

PayPal is one of the best service providers at what they do, and most ewallets have modeled much of what they do after PayPal.

And if you think that Neteller and the other payment providers can not or have not frozen accounts of those they suspected fraud or just generally wanted to, you have not done your homework, since this has happened many times.

I have always found it odd that PayPal always allowed the media to claim such losses during attacks etc, since their revenue is roughly 13.12 million per hour, that is lost revenue amounts not lost profit which is what the media always alludes to.

Optimal Payments reported 365 million in revenue for 2014 so these down times could in fact cost Neteller a lot in lost transactions.

I have always thought Neteller did a good job and back when they serviced the US market, they did good under very difficult circumstances in a very competitive market, even going up against the US Leader PayPal.

I have not compared the ATM and other service fees between PP and Neteller recently, but the last time I did they were fairly close.

Whether this is a DDOS attack or not, recommending any single site to be attacked is not cool.

Rick
Universal4