Neteller adds bitcoin funding to prepaid Mastercards

FinTech | April 2, 2015 By:

Neteller started to accept bitcoin deposits. Neteller customers will now be able to top up their accounts by exchanging Bitcoin 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 foreign exhange and online gambling sectors.

“We recognize the important role that cryptocurrencies play in the future of payments and we look forward to working with BitPay as the acceptance rate grows,” said Optimal Payments President and CEO Joel Leonoff.

Neteller, which is listed as an “Authorised Electronic Money Institution” with the U.K. government’s Financial Conduct Authority (FCA), is headquartered in the Isle of Man, a leading Bitcoin hub poised to attract digital fintech businesses, entrepreneurs and developers.

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