NETeller Lays off its Oldest Employee: The Merchant Trainer

Gambling911.com sources can reveal that fledgling payment processing solution, NETeller, has just laid off its oldest employee, someone who has been with the company since Day One.

This is all the more significant since this individual has acted as their key merchant trainer.

"She was the go-to-person for all merchants here in Costa Rica," our source revealed at 1:34 pm ET Tuesday afternoon. 

As a result, all online gambling merchants still utilizing NETeller for customers outside North America will no longer have this valuable resource.

The move is a further indication of NETeller's downsizing and full move into the European and Asian market, which is believed to only represent 5 to 10 per cent of its overall customer base.

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Christopher Costigan, Gambling911.com

Originally published March 27, 2007 1:36 pm ET