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-   -   Third continuance in NETeller case granted (http://archives1.twoplustwo.com/showthread.php?t=356639)

Thremp 03-16-2007 10:48 PM

Re: Third continuance in NETeller case granted
 
Yahbooboo,

Umm... No. They earn tens of thousands on the dollars I move in and out of sites.

Dire,

No need. I just personally know folks who're going back who are doing >2 mil per year in transfers on the small end. We're all begging for Neteller to come back.

Homer 03-16-2007 10:52 PM

Re: Another continuance in NETeller case granted
 
[ QUOTE ]
Don't underestimate the interest income NETeller generates/generated. They made $91.5 million in net profits in 2005, and most/all of that was earned off of interest income. That's based on $172.1 million in revenue, so they're operating expenses aren't that steep -- especially now, when they've fired half their staff and the other half aren't doing anything but watching our pile of money grow into another pile of money for them.

Edit: Keep in mind, the $172.1 million in revenue IS interest income. That's interest their earning on the billions of dollars they were handling.

[/ QUOTE ]

They also charge merchants an arm and three legs.

andywend 03-17-2007 03:15 AM

Re: Another continuance in NETeller case granted
 
They should have 2 Neteller threads:

One for U.S. customers who have had their money stolen and another thread for non U.S. customers.

Reading posts from non U.S. customers saying how great Neteller is makes me absolutely sick.

To all of those non U.S. customers giving Neteller such praise, I hope you find yourself in the same boat as the rest of us in the future.


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