the closest agreeable name I would consider to neteller would be …. NOTneteller!

The time they launched this was exactly when Neteller stopped allowing transactions from US. They thought that a service that does the same as Neteller and with a similar name could lead to a great number of sign ups of people. At that time people was looking at Neteller as a good service that could not work anymore with US banks. And everybody was looking and waiting for someone that could fulfill this. Youteller was a perfect association at that time.
On the last 3 months trust in Neteller has been eroded because of the current situation. So, a separation from Neteller is good now. That explains the post of the pdf file, marking a clear separation between Neteller and Youteller.
I bet that more than 50% thought that Youteller has anything to do with Neteller.
Why?
Because of the name, mostly.
In that sense, the use of Youteller name is an infringement. It’s misleading.