Neteller is a global payments platform and digital wallet used to transfer money to and from merchants, such as forex trading brokers, social networks, and gambling websites.
Users in the European Economic Area (EEA) and the United Kingdom can add a Net+ Mastercard to their account to pay with their balance in stores or withdraw it as cash from ATMs.
[11] As a result of this enforced exit from the U.S. market, and the risks associated with online gambling, the company has sought to diversify.
[12] NETELLER VIP membership benefits also include earning cashback on transfers made using a NETELLER account, increased transfer limits and a free prepaid Mastercard for members with Silver, Gold, Platinum and Diamond VIP status.
They can also receive payouts from merchants to their Neteller account, for instance gambling winnings or trading profits.
The programme lets customers earn points for making transactions and using their Net+ Mastercard, which they can redeem for credit in their account.