Buying chips and credits on online gambling websites seems to get more difficult with each passing month. Legislative changes combine with policy changes in processing companies to create an environment that is constantly changing and sometimes difficult to follow.
The early days of online gambling offered few options for funding your casino or sports betting account. Before the internet poker boom, most sites were primarily concerned with credit card billing. Some casinos, mostly using the Microgaming software platform, also used a Surefire Commerce platform, which later became FirePay.
With few options, direct credit card billing remained the top option for years, despite its many headaches. Banks considered the transactions to be high risk, so they carried high fees and consumers often disputed charges if they did not win. A new alternative was desperately needed, and PayPal’s e-wallet soon stepped up to fill the gap.
By the end of 2002, PayPal had been taken over by the online auction giant, eBay.com, and all internet gambling business had ceased. At that time, a company called Neteller entered the market to provide an electronic wallet that would suit the online gaming UFABET industry. Although many others also entered this market over the next several 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 withdrew from the market due to increasing legal pressure from the United States. In other words, the company stopped processing transactions for US and Canadian customers who make up the majority of Internet gambling customers. Since most people used the services provided by Neteller, the move left many wondering exactly what options are still available to them. Of course, there are several methods that are still viable options for financing an internet gambling account.
Credit Cards – It seems the industry has come full circle, as online gambling sites are once again recommending the use of Visa and Mastercard as the primary method of funding your online gambling account.
ePassporte: ePassporte is an electronic wallet that allows you to send and receive money anonymously anywhere in the world. The system is based on a prepaid virtual Visa card that is rechargeable. You can register for an account at epassporte.com
Click2Pay – While ePassporte handles a number of e-commerce industries, Click2Pay is an electronic wallet that was designed specifically for the online gambling industry. This gives Click2Pay an insight into the industry that puts them at the forefront compared to other payment options. Sign up for an account today at click2pay.com
Check by mail: Old-fashioned checks and money orders are always welcome. The only downside is that you will not have credits to your gambling account right away as it takes time for the check to be mailed to the online gambling establishment.
There are other options available for financing gambling accounts. New methods are being added all the time. For an up-to-date list of available options, you can contact the online casino, sportsbook or poker room of your choice. They will be more than happy to tell you which is the best option available to purchase credits for betting.