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#71
03-26-2007, 03:38 AM
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Re: Neteller rumor
[ QUOTE ]
Any Canadian who believes this rumour is: 1) Not going to attempt an EFT withdrawal, having their money in limbo. 2) Probably has immediately sent the money off to a trusted Neteller merchant and not left anything in Neteller. 3) Probably didn't leave that much in Neteller at any one time in the first place. 4) Doesn't trust or treat Neteller like a bank. Personally, I think 98% the rumour is absurd, and 2% it might be true. [/ QUOTE ] Hmmm....well you are probably right, but I think it might me a little better than 2%. How about you lay $10,000 to my $500 that the rumor is correct? 
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#73
03-26-2007, 03:39 AM
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Re: Neteller rumor
[ QUOTE ]
[ QUOTE ] Any Canadian who believes this rumour is: 1) Not going to attempt an EFT withdrawal, having their money in limbo. 2) Probably has immediately sent the money off to a trusted Neteller merchant and not left anything in Neteller. 3) Probably didn't leave that much in Neteller at any one time in the first place. 4) Doesn't trust or treat Neteller like a bank. Personally, I think 98% the rumour is absurd, and 2% it might be true. [/ QUOTE ] Crap. I think the rumour might be true! [/ QUOTE ] Hmm, ok...how about your $10,000 to my $1,000,000 then?
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#74
03-26-2007, 03:41 AM
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Re: Neteller rumor
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Any Canadian who believes this rumour is: 1) Not going to attempt an EFT withdrawal, having their money in limbo. 2) Probably has immediately sent the money off to a trusted Neteller merchant and not left anything in Neteller. 3) Probably didn't leave that much in Neteller at any one time in the first place. 4) Doesn't trust or treat Neteller like a bank. Personally, I think 98% the rumour is absurd, and 2% it might be true. [/ QUOTE ] Crap. I think the rumour might be true! [/ QUOTE ] Hmm, ok...how about your $10,000 to my $1,000,000 then? [/ QUOTE ] Just read the press release. F***ing Canada once again bend's to U.S.'s will!
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#75
03-26-2007, 03:47 AM
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Re: Neteller rumor
[ QUOTE ]
[ QUOTE ] In fairness to them, there's no way the rank-and-file CS ppl were aware of this -- they don't have a big company meeting and announce decisions like this to everyone. [/ QUOTE ] Why is this fair? Why wouldn't you want the customer service reps to know what is going on so they could provide service to the customers? Oh, it is slime-ball scam neteller, nevermind. [/ QUOTE ] I'm not sure whether the AIM where Neteller is listed works the same as the main stock exchange or whether the fact that the shares are suspended currently makes a difference. Otherwise then absolutely they would be prevented from making information that impacts on the business known even to their own staff before announcing it to the exchange.
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#76
03-26-2007, 03:51 AM
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Re: Neteller rumor
And just an FYI(as I was the person who called Neteller and was told it wasn't true); literally two minutes after the press release hit, I called Neteller VIP to verify and they confirmed it was true.
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#77
03-26-2007, 03:53 AM
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Re: Neteller rumor
Neteller press release
not only canada but turkey are losing neteller access. [ QUOTE ] About Us Portfolio Merchants Investors News Press Release NETELLER Announces Service Changes to Canadian and Turkish Market Monday, 26 March 2007 – The NETELLER Plc Group (“NETELLER” or the “Group”) (LSE: NLR), the leading global independent online money transfer business, today announced several significant changes to its services in a number of markets. The Group continually assesses the risk profile and status of the markets its serves. Recent actions by regulators, payment processors, and online gaming operators have increased the uncertainty around certain activities related to online gambling in some jurisdictions. The Board of Directors of the Company reached a decision, on 25 March 2007, that the risk to the Group’s ongoing business in Canada and Turkey has increased in the light of such developments. The Board has therefore concluded that the Group will no longer process transfers related to online gambling sites on behalf of Canada or Turkey resident customers. Reduced Service to Canada Cessation of Canadian transfers to gambling merchants: the Group will cease processing online gambling related transactions for Canada-resident customers with effect from 12.01 AM MST Monday 9 April 2007. Suspension of InstaCASH transactions: As of today Monday 26 March 2007, at 12:01 AM MST, Canada-resident customers were no longer able to deposit funds using NETELLER’s instaCASH service either directly or from any online gambling site. Non-gambling services continue: Canada-resident customers will continue to be able to use their e-wallet accounts for non-gambling transactions, including peer-to-peer and pre-paid debit transactions. Available customer funds: Customer funds, including those of Canadian residents, are held in a pooled, segregated trust account and will be available for withdrawal by customers, on demand. Canadian customers continue to be able to use their e-wallet accounts for non-gambling transactions. Reduced Service to Turkey In light of recent legislation passed in Turkey on 28 February 2007, which prohibits certain forms of online gambling to be offered by any “unauthorised” domestic or foreign company to citizens in Turkey, NETELLER has decided to implement a voluntary phased withdrawal of the payment services related to online gambling that it offers customers to the Turkish market. Withdrawal of local bank funding options: Local bank deposit options for Turkey-resident customers were withdrawn on Friday 9 March 2007. Cessation of Turkish transfers to and from online gambling merchants: The Group has ceased processing online gambling related transactions for Turkey-resident customers with effect from 6.01 AM GMT Monday 26 March 2007. Non-gambling related services continue: Turkey-resident customers will be able to continue to use their NETELLER e-wallet account for any non-gambling related money transfers and withdrawals. Customers located in other parts of the world are not affected by this change, and NETELLER continues to service these customers in the normal manner. Group Business Impact The Canadian business of the NETELLER Group would likely have contributed significantly to the Group’s revenue and profitability during 2007 and the loss of this business is now likely to have a material negative impact on the Group’s results for the full year ending 31 December 2007. The Turkish business of the Group does not represent a material proportion of the Group’s overall customer base, revenue or profitability. The Group does not anticipate making further significant reductions in staff as a result of these service changes as the Board believes that its Calgary-based operations are appropriately sized to handle the remaining non-North American business of the Group. The Group will continue to focus on the growth markets of Europe and Asia. Other Updates The Group’s shares will continue to be suspended from trading on AIM in view of the continuing uncertainties the Group faces. Further announcements will be made as appropriate. The Company is working towards the finalisation of its audited annual results for the year ended 31 December 2006 and will announce the date on which these will be published to the market in due course. The Company would, in light of recent press comment concerning its announcement of 21 March 2007, like to make clear that the 75 day period referred to in that announcement was for agreement of a plan of distribution with the United States Attorney's Office. It would remain to be determined, as part of that plan, the precise timing of the distribution of funds to US customers. Further information is available on the Group’s website in the form of updated FAQs. Media and Investor Contacts Citigate Dewe Rogerson Sarah Gestetner or George Cazenove Tel: +44 (0) 207 638 9571 [/ QUOTE ]
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#78
03-26-2007, 03:55 AM
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Re: Neteller rumor
[ QUOTE ]
not only canada but turkey are losing neteller access. [/ QUOTE ] Don't forget Poland!
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#80
03-26-2007, 08:13 AM
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Re: Neteller rumor
[ QUOTE ]
There is a rumor making the rounds that Neteller will leave the Canadian marketplace tommorow. Doesn't make any sense to me, but TIFWIW. I would hope that if they do leave, they give us some time to get our money out but as we have seen their customers dont seem to be a big concern of theirs. Tuco. [/ QUOTE ] That's was a very good call from your source. Your rumour turns out to be fact. What's most impressive is that, I think you were one of the first to call attention to this. Even before some of the gambling news sites. This still really sucks for Canadians. I guess you can tell that I'm Canadian. Problem: Withdrawal is required to be the same method as deposit. The question now is whether or not I should leave funds with the merchants and wait till after apr 9 to request a bank wire or check. I don't trust Neteller at all after what they did to the Americans. Should I even attempt any sort of a withdrawal from them or just leave it with the merchants?
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