Payment Processor Neteller Revenues Stabilizing

Ron Martin – Neteller chief executive said it had been a *year we never forget* after the payment processor showed revenues stabilising following the US$149 million hit related to legal actions in the US. Martin was speaking after his company released third-quarter figures showing active customer numbers excluding North America rising 14% over the same period last year to 94,925. However, this represented a slight fall on the second quarter, mainly due to a fall of 5% in Europe to 72,849. Asia saw growth of 21% year-on-year to 17,638. The company said trading in September had shown *positive growth trends*.

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