Paysafe’s digital payments service NETELLER rolls out new upgrades

By Megha Bhattacharya

Paysafe’s digital payments service NETELLER has launched a range of new features for enhancing the user experience for its business customers. The upgraded NETELLER Business Portal is expected to benefit the company’s merchant customers with enhanced transaction history reporting and the ability to access multiple wallets, operations and data , from a single place.

Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at Paysafe, commented, “We are excited about this 2020 milestone and bringing these new features to market. Through this upgrade we have combined the forces of a strengthened technology platform with the technical expertise of our team to bring a full refresh to the NETELLER service. Making life even easier for our users is at the heart of these enhancements and we’re confident that they will ensure the best experience possible.”

According to the company, consumers will benefit from the NETELLER mobile app with features including the ability to send or spend money, hold multiple currencies in one account, a detailed transaction history as well as more deposit options including Paysafe’s Rapid Transfer as well as its paysafecard and Paysafecash eCash solutions. The app is now also available in four additional languages: Spanish, French, Italian and Brazilian Portuguese.

NETELLER users can also withdraw funds to up to 10 bank accounts and add or remove the bank accounts they are using on the go. The new features include a newly designed Net+ card, NETELLER’s prepaid Mastercard, that provides instant access to a NETELLER account balance, either by paying online, in store or by withdrawing cash at millions of ATMs worldwide.

Recently, Paysafe extended its relationship with Microsoft. The company aims to offer an online cash payment option to Microsoft customers by enabling paysafecard as a payment option in Microsoft Store in 22 countries across Europe. The collaboration will see the addition of new countries as well as extend paysafecard’s availability to purchases on the Xbox game console.