View Single Post
  #255  
Old 01-18-2007, 08:52 PM
xx44 xx44 is offline
Senior Member
 
Join Date: Jul 2006
Posts: 668
Default Re: Neteller conversation

[ QUOTE ]
[ QUOTE ]
"NETELLER holds over 110% of in-transit funds in independent trust accounts for your protection"

[/ QUOTE ]

Maybe I am misinterperting this statement, but I take it to mean funds that are actually "in-transit" as opposed to being hed in neteller.

Party's net was probably 30x that of NT, giving them more cash for the leaner times. I also believe that Party's margins are much greater than NT.