Neteller is an online micro-payment service based in the United Kingdom, identical in all of its aspetcts to PayPal and Moneybookers , which allows its subscribers to send and receive money via e-mail, to shop online and participate in Internet auctions.
The company is a member of the Electronic Money Association and is regulated by the Financial Services Authority UK (FSA)

	HOW IT WORKS?

To access Neteller's services, you must register at the site in the same way we've seen for Moneybookers: this, as we have seen, aims to prevent the occurrence of money laundering or the spread of illegal activities.
Also, the use of the service needs the same activity already seen in Moneybookers, firts of all the pre-loading of the account with the funds you want to use for your online transactions.
This can be done:

through a payment by a bank transfer or through a payment card, such as Visa or Mastercard, loading the money into your account in the same way you usually do for the balance of your cell phone;
linking to account your personal credit card that will be used for payments and money transfers but avoiding to type every time its numbers and the related datas.

Send and receive money via Neteller, as all payments made, will work exclusively typing an e-mail address instead of your bank details or your credit card numbers!

Neteller has recently made available to its customers the Net + Prepaid MasterCard , a card that directly use the balance of your Neteller account : you don't need to have an additional credit card to withdraw funds or make payments on sites not affiliated with the Neteller circuit! Alternatively, Neteller allows you to generate "virtual" credit cards called Net + Virtual Card, a real credit card but available for a single transaction!

	BENEFITS AND FEES

speed, ability to send money around the world very quickly;

security and anonymity (remember that during online transactions with Neteller is used and have exclusive e-mail instead of bank details or credit card);

no fee: the Neteller account is free;

derisory costs of services : 1% up to a maximum of € 0.50 to transfer money from your account to your cousin who lives in Toronto or your new girlfriend who studies in Tokyo ....

To open your free account with Neteller click on the logo below: