Acquiring chips and credits at on the net gambling web 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 hard to keep track of.
The early times of online gambling offered very few options for funding your gambling establishment 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 in addition used a system by Surefire Commerce, which soon after became FirePay.
With few options, direct billing of bank cards remained the main option for years, regardless of the numerous headaches involved. The transactions were considered high risk by banks, so that they carried stiff fees, and buyers would often dispute the expenses if they did not win. A fresh alternative was desperately wanted, and the PayPal electronic digital wallet soon stepped up to fill the void.
By the end of 2002, PayPal have been absorbed by online auction giant, eBay.com, and experienced ceased all world wide web gambling business. At the moment an organization called Neteller entered the marketplace to provide an electric wallet that catered to the online gambling industry. Although some others also entered the forex 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 the market because of increasing legal pressure from america. That is to say that the business stopped processing transactions for the US and Canadian customers that define the majority of internet gambling customers. Since most people utilized the services provided by Neteller, the move left numerous 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 accounts.
Credit Cards – It appears that the industry has come back to where it started, as online gambling web sites are once again recommending using Visa and Mastercard because the primary method for funding your online gambling account.
ePassporte – ePassporte is an electronic wallet that allows you to send and receive money anonymously to all over the world. The system is based on a prepaid virtual Visa card that is reloadable. You can join an account at epassporte.com
Click2Pay – While ePassporte handles a number of e-commerce industries, Click2Pay can be 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 ahead of the curve when compared to other payment options. Sign up for a merchant account today at click2pay.com
Check By Mail – Old fashioned checks and money orders are always welcomed. The only real downside is that you wont own credits in your gambling account immediately, since it takes time for the check out to be mailed to the online gambling establishment.
There are other options available for funding gambling accounts. New methods are being added constantly. For an updated set of available options, you can contact the online casino, sportsbook or poker bedroom of your choice. They will be a lot more than happy to tell you the very best available option for shopping for credits to gamble with.