Acquiring chips and credits at on the net gambling sites seems to become more difficult with each passing 30 days. Legislative changes match policy changes at processing organizations to create an environment that is constantly changing and sometimes challenging to keep track of.
The early days of online gambling offered several options for funding your gambling establishment or sportsbook account. Prior to the internet poker boom, most sites dealt primarily with credit card billing. A few casinos, mostly utilizing the Microgaming software platform as well used a platform by Surefire Commerce, which in the future became FirePay.
With few options, direct billing of credit cards remained the main option for a long time, regardless of the numerous headaches involved. The transactions were considered high risk by banks, so that they carried stiff fees, and consumers would often dispute the fees should they did not win. A new 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 giant, eBay.com, and got ceased all internet gambling business. At the moment an organization called Neteller entered the marketplace to provide an electronic wallet that catered to the online gambling industry. Although some others also entered the forex market over the next couple of years, Neteller remained the dominant push in the world of processing obligations to and from online casinos, sportsbooks and poker rooms.
In March 2007, Neteller bowed from the market due to increasing legal pressure from the United States. In other words that the company stopped processing transactions for the united states and Canadian customers that make up nearly all internet gambling customers. Since a lot of people utilized the services supplied by Neteller, the move left several wondering just what options are still open to them. There are, needless to say, several methods that are still viable choices for funding an internet gambling account.
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 you to receive and send money anonymously to anywhere in the world. The system is founded 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 online gambling industry. starlight princess gives Click2Pay an insight in to the industry that puts them prior to the curve in comparison with other payment options. Sign up for an account today at click2pay.com
Check By Mail – Classic fashioned checks and cash orders are always welcomed. The only real downside is that you wont include credits in your gambling bank account immediately, since it does take time for the check out to be mailed to the web gambling establishment.
There are other options available for funding gambling accounts. New procedures are being added constantly. For an updated list of available options, you can contact the online casino, sportsbook or poker space of your choice. They will be more than happy to tell you the best available option for buying credits to gamble with.