Shopping for chips and credits at on the internet gambling sites seems to become more difficult with each passing 30 days. Legislative changes combine with policy changes at processing companies to create an environment that’s constantly changing and sometimes complicated to keep track of.
The early times of online gambling offered few options for funding your gambling establishment or sportsbook account. Prior to the internet poker boom, most internet sites dealt primarily with credit card billing. Several casinos, mostly utilizing the Microgaming software platform furthermore used a platform by Surefire Commerce, which later on became FirePay.
With few options, direct billing of credit cards remained the main option for a long time, despite the numerous headaches involved. The dealings were considered risky by banks, so they carried stiff fees, and buyers would often dispute the fees should they did not win. A fresh alternative was desperately needed, and the PayPal electronic wallet soon stepped up to fill the void.
By the end of 2002, PayPal had been absorbed by online auction huge, eBay.com, and acquired ceased all internet gambling business. 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 the forex market over the next couple of 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 from the market due to increasing legal pressure from the United States. That is to say that the company stopped processing transactions for the US and Canadian customers that make up nearly all internet gambling customers. Since most people utilized the services provided by Neteller, the move left various wondering just what options are still open to them. There are, of course, several methods that are still viable options for funding an internet gambling bank account.
Credit Cards – It appears that the industry has come back to where it started, as online gambling internet sites are once again recommending the use of Visa and Mastercard as the primary method for funding your web gambling account.
ePassporte – ePassporte is an electronic wallet that allows you to receive and send money anonymously to anywhere in the world. The system is based on a prepaid virtual Visa cards that is reloadable. You can join an account at epassporte.com
Push2Pay – While ePassporte handles numerous e-commerce industries, Click2Pay can be an electronic wallet that was designed specifically for the web gambling industry. This gives Click2Pay an insight into the industry that puts them ahead of the curve in comparison with other payment options. Join a merchant account today at click2pay.com
Check By Mail – Old fashioned checks and cash orders are always welcomed. The only drawback is that you wont contain credits in your gambling consideration 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 procedures are being added continuously. For slot777 login updated list of available options, it is possible to contact the online casino, sportsbook or poker bedroom of your choice. They will be more than happy to tell you the best available option for purchasing credits to gamble with.