When Bingo playing became an Internet affair way ahead of the land Bingo Clubs all the related money transactions – paying membership deposits by players and withdrawals of prize monies won had to eventually turn to digital modes avoiding paper currencies. While it is easier to carry out the transactions online instantly, there were also inherent dangers posed by scammers with fraudulent motives. Identity thefts and related malpractices became instances in increased numbers.
Hence there was immense need to safeguard the interest of both the Bingo players and online Bingo site promoters in dealing with transactions of money online. Third party payment processors with established backgrounds of trust-worthy character came forward to serve the online population in this regard. NETeller is a household name in UK for safe and secure modes of online financial transactions. Among the other options of online payments, almost all popular Bingo sites carry out their financial transactions through this popular online payment processor.
News is that NETeller will be changing their corporate identity from their present name, Isle of Man to NEOVIA Financial plc. The change over in the name was on the cards, right from when this corporate company announced their financial results for the 3rd Quarter, when it was indicated that their decision of re-branding awaited approval by its shareholders.
Now it is reliably learnt that the Extraordinary Meeting of the Shareholders held recently has transacted the business of re-branding and the new name is yet to get the Registry Certificate.
Bingo players have found their transactions through NETeller to be easier and convenient with multiple choices being offered by the company. It is therefore essential that all Bingo players online take notice of this change of name to be effective soon with their trusted online payment processor company.
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