Together Visa Delta and Visa Electron represent 41 % of the European debit card market. Supporting Visa debit cards provides enormous benefits to NETeller merchants due to the fact that debit cards witness far lower processing decline rates than credit cards.
“Our merchant base has been very supportive of our aggressive European expansion over the last 12 months. Our new support for Visa debit cards has made our European offering even more compelling,” commented Paul Templeman, President of European operations for NETeller.
The online payments processor has also implemented the \’Verified by Visa\’ and \’MasterCard SecureCode\’ card protection initiative. This allows card issuers to authenticate cardholders at any participating merchant, reducing the likelihood of identity theft and other fraudulent usage of credit and debit cards.
NETeller has also announced the addition of 10 new European betting and gaming focused merchants: Pokershare.com, Paddy Power, Unibet, UK Betting, Nordicbet, Interwetten, PKR.com, Tropical Poker, Betworks and Full Contact Poker.
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