Shopping for chips and credits at on the internet gambling sites seems to become more difficult with each passing calendar month. Legislative changes match policy changes at processing firms to create an environment that’s constantly changing and sometimes complicated to keep track of.
The early days of online gambling offered several options for funding your casino or sportsbook account. Before the internet poker boom, most sites dealt primarily with credit card billing. Several casinos, mostly utilizing the Microgaming software platform in addition used a platform by Surefire Commerce, which later on became FirePay.
With few options, direct billing of credit cards remained the main option for years, regardless of the numerous headaches involved. The dealings were considered risky by banks, so that they carried stiff fees, and customers would often dispute the fees if they did not win. A fresh alternative was desperately wanted, and the PayPal electric wallet soon stepped around fill the void.
By the end of 2002, PayPal had been absorbed by online auction huge, eBay.com, and had ceased all net gambling business. At the moment a company called Neteller entered the marketplace to provide an electronic wallet that catered to the web gambling industry. Although many others also entered the forex market over the next couple of years, Neteller remained the dominant force in the world of processing payments to and from online casinos, sportsbooks and poker rooms.
In March 2007, Neteller bowed out of the market because of increasing legal pressure from america. In Jun88 that the business stopped processing transactions for the US and Canadian customers that define nearly all internet gambling customers. Since a lot of people utilized the services provided by Neteller, the move left various wondering just what options are still available to them. There are, needless to say, several methods which are still viable choices for funding an internet gambling bill.
Credit Cards – It seems that the industry has come full circle, as online gambling web sites are once again recommending the application of Visa and Mastercard as the primary method for funding your online gambling account.
ePassporte – ePassporte can be an electronic wallet that allows one to receive and send money anonymously to anywhere in the world. The system is based on a prepaid virtual Visa cards that’s reloadable. You can join a merchant account at epassporte.com
Press2Pay – While ePassporte handles several e-commerce industries, Click2Pay is an electronic wallet that was designed specifically for the online gambling industry. Thus giving Click2Pay an insight in to the industry that puts them prior to the curve when compared to other payment options. Sign up for a merchant account today at click2pay.com
Check By Mail – Good old fashioned checks and cash orders are always welcomed. The only downside is that you wont possess credits in your gambling bill immediately, since it does take time for the test to be mailed to the online gambling establishment.
There are other options designed for funding gambling accounts. New approaches are being added at all times. For an updated list of available options, it is possible to contact the web casino, sportsbook or poker room of your choice. They will be a lot more than happy to tell you the best available option for shopping for credits to gamble with.