@romex Bank of America does it as well for their credit card customers, its a one time use generated card number that is linked back to your real credit card. Once the card is used, the card number is closed and can never be used again. It was created as a extra security measure for online use of your card.
The bank in India worked the same way, except they would verify with any information. Lazy programming .
I believe I've heard negative things about neteller. Search the forum for previous topics on it as I know I've read a few.
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