Neteller began distributing its brand new Net+ cards

Internet e-cash processor Neteller began sending its brand new Net+ cards to customers who have applied for the upgraded card service, the Isle of Man company announced this week.

The card is a joint project with TransSend Payment Services and provides users with increased value, security, privacy and convenience. Existing Neteller e-wallet clients can sign up for two types of the new Net+ prepaid cards:

Net+ Virtual Prepaid Card by MasterCard is designed primarily for use online. The virtual card application generates a single use, unique 16 digit card number and populates the checkout page with full payment details for the user. The Net+ Virtual card offers the convenience of paying online (everywhere where MasterCard is accepted) from a player's computer combined with high level of security and privacy, and will be part of the Neteller Desktop.

Net+ Prepaid Card by MasterCard, is an ATM-compatible chip and pin plastic card which allows consumers to access funds within their e-wallet at points-of-sale or by withdrawing cash at ATMs. The card will be usable at 27.3 million acceptance locations, including 1.9 million ATMs and other locations where cash may be obtained.

David Gagie, President of the Neteller group's Member Services division, said: "The launch of the Net+ prepaid cards will provide our consumers with a more convenient and cost-effective way to withdraw cash and make purchases using the funds in their e-wallets. This launch is a key part of the Group's strategy to bring new customers to the Neteller e-wallet and to extend the lifetime value of existing customers."

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