Buying chips and credits at online gambling sites seems to become more difficult with each passing month. Legislative changes match policy changes at processing companies to create an environment that is constantly changing and sometimes tricky to keep track of.
The early days of online gambling offered several options for funding your modern casino or sportsbook account. Before the internet poker boom, most sites dealt primarily with charge card billing. Several casinos, mostly utilizing the Microgaming software platform furthermore used a system by Surefire Commerce, which later on became FirePay.
With Teratai , direct billing of bank cards remained the main option for years, regardless of the numerous headaches involved. The transactions were considered risky by banks, so they carried stiff fees, and customers would often dispute the costs if they did not win. A new alternative was desperately wanted, and the PayPal electric wallet soon stepped around fill the void.
By the finish of 2002, PayPal had been absorbed by online auction giant, eBay.com, and experienced ceased all internet gambling business. At this time a company called Neteller entered the market to provide an electric wallet that catered to the online gambling industry. Although some others also entered this 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 your market due to increasing legal pressure from the United States. That is to say that the company stopped processing transactions for the united states and Canadian customers that define nearly all internet gambling customers. Since a lot of people utilized the services supplied by Neteller, the move left countless wondering just what options are still open to them. There are, of course, several methods which are still viable options for funding an internet gambling bill.
Credit Cards – It seems that the industry has come full circle, as online gambling internet sites are once again recommending the utilization of Visa and Mastercard because the primary method for funding your online gambling account.
ePassporte – ePassporte can be an electronic wallet that allows one to send and receive money anonymously to all over the world. The system is based on a prepaid virtual Visa cards that is reloadable. You can join a merchant account at epassporte.com
Push2Pay – While ePassporte handles many e-commerce industries, Click2Pay is an electronic wallet that has been designed specifically for the web gambling industry. This gives Click2Pay an insight in to the industry that puts them prior to the curve in comparison with other payment options. Sign up for a merchant account today at click2pay.com
Check By Mail – Ancient fashioned checks and funds orders are always welcomed. The only downside is that you wont possess credits in your gambling bank account immediately, since it takes time for the check to be mailed to the online gambling establishment.
There are other options designed for funding gambling accounts. New procedures are being added on a regular basis. For an updated set of available options, it is possible to contact the web casino, sportsbook or poker area of one’s choice. They will be a lot more than happy to tell you the best available option for purchasing credits to gamble with.