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Neteller will stop accepting Israelies
 July 24, 2007, 7:34 am (4 years ago)Neteller announced through a press release that it will no longer process transfer concerned to online gambling sites on behalf of Israeli resident customers. Many certain activities of online gambling in the Israeli market are facing uncertainty because of recent legal development. The company speech states adding that, management has therefore decide Nateller will no longer process transfer concerned to online gambling sites related to Israeli occupant customers. The charitable and phased withdrawal of payment service will be held in line with the following timetable:
Neteller will process transfers online gambling commercials for Israel-resident customers with effect from 12:01am GMT on Thursday 19 July.
The e-wallet will cause processing transfers from online gambling commercials for Israel-resident customers with effect from 11:59pm GMT on Tuesday 31 July 2007.
Israel resident customers who are not related with non-gambling related services will be not effected and may able to use their e-wallet account for any non-gambling related money withdrawal and transfers.
Neteller e-wallet’s local funding options will continue to be obtainable to Israel-resident customers.
According to the statement the customers located in other parts of the world will not affected by this revised law and will continue to have Nateller services in the normal way. The statement concludes by expressing that the Israeli business of the group does not shows a material amount of the groups in general customer’s support, profitability or revenue.
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