This week when the Isle of Man based e-wallet NETeller legally warned the new YouTeller that it was impinging on its entity and it appeared to produce a positive result, as on the YouTeller Internet site a disclaimer was displayed.

"Seed Capital Ltd. has no affiliation to, or connected to, or endorsed by NETeller Plc." Ran the the disclaimer's advice.

Not much more further information was forthcoming concerning the latest e-wallet and the investors supporting it, so that YouTeller still remains in a puzzling manner. It has been rumored that those concerned have former experience in the Internet gambling scene, however this is not supported by any current proof.

Currently, it seems that the fresh arrival has not grand strategy. Florian Schweitzer, its only spokesperson has replied on a number of occasions that YouTeller is modeled on the Google G-mail concept which uses subscriber listings to create commercial referrals. Furthermore, it claims that the infrastructure is not able to contain the extent of the complete public opening and in addition achieve its aim of presenting a trustworthy support and firm service procedure.   

In March 2007, Schweitzer announced at the beginning of this year, YouTeller.com intends to offer one thousand subscribers to take out membership, who it seems have already registered in the period of pre-registration. He further claims that in the coming months no public account registering is being considered.

The spokesperson further stated, that the designated sector which enjoys the game of community directed Internet games such as poker, role-playing and chess admit that a one hundred and fifty Euro ceiling is stipulated for each account; this is to thwart any activities by terrorists or laundering of money.

Posted on: March 14, 2007

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