Austrian Startup Coinimal Becomes First Bitcoin Merchant to Add Neteller Option
Launched in December 2014, Austrian start-up Bitcoin marketplace Coinimal has become the first Bitcoin business to add Neteller as a payment option. The deal which finally closed after months of negotiation will enable customers to buy Bitcoin and other cryptocurrencies with the support of the world's largest independent money transfer business. Coinimal's CEO Paul Klanschek said, "In my opinion NETELLER decided to do this pilot project with us because they feel that we are the most sophisticated, serious Bitcoin gateway in the world, and our compliance is stellar. We are extremely proud....
Related News
Coinimal, a European digital currency merchant, recently announced its new integration with NETELLER. By adding NETELLER to its payment options, Coinimal becomes the first crypto business working with NETELLER. Coinimal was launched in December 2014, aiming to improve access to Bitcoin in Europe. The Coinimal platform provides easy access for both buying and selling Bitcoin, along with some other cryptocurrencies such as Litecoin or Next. Last month, NETELLER became one of the first major financial institutions to facilitate digital currency transactions worldwide by offering a Bitcoin....
Coinimal is an online exchange which supports Bitcoin, Ethereum and NXT trading for several fiat currencies. Previously, Neteller and SEPA (Single Euro Payments Area) bank transfers were the site’s only payout options. PayPal is now added to the payout provider list. Customer preference for this addition was strong, the company reports. “This option was....
This piece has been updated with additional information and comment from Optimal Payments, the parent company of Neteller. Payments processor and prepaid card provider Neteller has added a bitcoin deposit feature. A representative for Neteller confirmed the deposit feature when contacted for comment, telling CoinDesk it may be officially launched as early as tomorrow. The move is an apparent reversal of policy for Neteller, which previously revised its terms of use policy to explicitly prohibit the "trade, exchange, purchase or sale of bitcoins, or any other virtual currency". Users of the....
In a surprise move, e-wallet provider and payment processor Neteller quietly started to accept bitcoin deposits at zero fees via BitPay. Neteller customers will now be able to top up their accounts by exchanging Bitcoin via Bitpay which enables Bitcoin conversion into e-currency, the e-currency is then deposited into the Neteller stored value account into one of the currencies offered by Neteller. Neteller, owned and operated by publicly traded British global payments company Optimal Payments PLC, is used by millions of consumers in more than 200 countries and especially popular in the....
Neteller has just enabled Bitcoin deposits. Neteller is an e-money service owned and operated by the British global payments company – Optimal Payments PLC. NETELLER services allow customers from over 200 countries to transfer money to and from merchants, such as forex trading firms, social networks, or online gambling firms. Neteller also allows customers to withdraw funds directly from their accounts using the Neteller card or transfer their balance directly to their own bank accounts. It was just a few days ago that Optimal Payments, owner of the Neteller brand, announced they were....