Getting chips and credits at online gambling sites seems to become more difficult with each passing month. Legislative changes combine with policy changes at processing firms to create an environment that’s constantly changing and sometimes tricky to keep track of.
The early days of online gambling offered very few options for funding your modern casino or sportsbook account. Before the internet poker boom, most web sites dealt primarily with credit card billing. A few casinos, mostly utilizing the Microgaming software platform as well used a system by Surefire Commerce, which later became FirePay.
With few options, direct billing of bank cards remained the main option for years, despite the numerous headaches involved. The dealings were considered high risk by banks, so that they carried stiff fees, and consumers would often dispute the charges should they did not win. A new alternative was desperately needed, and the PayPal electronic wallet soon stepped around fill the void.
By the finish of 2002, PayPal had been absorbed by online auction giant, eBay.com, and got ceased all web gambling business. betpoint At this time an organization called Neteller entered the marketplace to provide an electronic wallet that catered to the web gambling industry. Although many others also entered this market over the next few years, Neteller remained the dominant pressure in the world of processing payments to and from online casinos, sportsbooks and poker rooms.
In March 2007, Neteller bowed out of your market because of increasing legal pressure from the United States. That is to say that the company stopped processing transactions for the US and Canadian customers that define nearly all internet gambling customers. Since most people utilized the services supplied by Neteller, the move left many wondering exactly what options are still open to them. There are, of course, several methods which are still viable options for funding an internet gambling profile.
Credit Cards – It appears that the industry has come full circle, as online gambling sites are once again recommending the application of Visa and Mastercard as the primary method for funding your online gambling account.
ePassporte – ePassporte is an electronic wallet that allows one to send and receive money anonymously to anywhere in the world. The system is based on a prepaid virtual Visa card that’s reloadable. You can join a merchant account at epassporte.com
Press2Pay – While ePassporte handles a variety of e-commerce industries, Click2Pay can be an electronic wallet that has been designed specifically for the online gambling industry. This gives Click2Pay an insight into the industry that puts them ahead of the curve in comparison with other payment options. Sign up for an account today at click2pay.com
Check By Mail – Aged fashioned checks and funds orders are always welcomed. The only real drawback is that you wont contain credits in your gambling consideration immediately, since it takes time for the check to be mailed to the online gambling establishment.
There are other options available for funding gambling accounts. New methods are being added on a regular basis. For an updated list of available options, it is possible to contact the online casino, sportsbook or poker bedroom of one’s choice. They will be more than happy to tell you the very best available option for purchasing credits to gamble with.
