Neteller is an e-money transfer service used to transfer money to and from merchants, such as forex trading firms, social networks firms. Users in some[which?] locations can withdraw funds directly using the Net+ card or transfer the balance to their own bank accounts, others are restricted.[3][4]
Neteller is owned and operated by British global payments company Paysafe Group, alongside former competitor Skrill and prepaid payment method paysafecard.