April 23 - Those waiting for another online gambling payment processor to enter the market and ease the difficulty of gambling transactions may be in for a further delay. There have been a number of legal issues between the leading e-wallet NETeller and the new addition to the market - YouTeller.com. Due to this, YouTeller.com will be postponing the website's launch.
In the event that Seed Capital does not successfully find a resolution to the legal battle with NETeller, the introduction of the new online payment system will occur next summer.
Last month, NETeller requested that YouTeller stop conducting payment processing business under the name YouTeller due to concerns that the name would be confused with their brand.
