The early days of online gambling offered several options for funding your modern casino or sportsbook account. Before the internet poker boom, most websites dealt primarily with credit card billing. Several casinos, mostly utilizing the Microgaming software platform as well used a system by Surefire Commerce, which soon after became FirePay.
With few options, immediate billing of credit cards remained the main option for a long time, regardless of the numerous headaches involved. The dealings were considered high risk by banks, so that they carried stiff fees, and buyers would often dispute the costs if they did not win. A fresh alternative was desperately needed, 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 got ceased all world wide web gambling business. At this time an organization called Neteller entered the market 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 power in the wonderful world of processing repayments to and from online casinos, sportsbooks and poker rooms.
In March 2007, Neteller bowed from the market because of increasing legal pressure from america. In other words 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 many wondering just what options are still available to them. There are, of course, several methods which are still viable choices for funding an internet gambling profile.
Credit Cards – It seems that the industry has come full circle, as online gambling websites are once again recommending the application of Visa and Mastercard because 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 based on a prepaid virtual Visa cards that’s reloadable. You can join a merchant account at epassporte.com
Click2Pay – While ePassporte handles numerous e-commerce industries, Click2Pay can be an electronic wallet that was designed specifically for the online gambling industry. Thus giving Click2Pay an insight into the industry that puts them prior to the curve when 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 welcomed. The only drawback is that you wont own credits in your gambling consideration immediately, since it does take time for the test to be mailed to the web gambling establishment.
There are other options available for funding gambling accounts. New procedures are being added all the time. For an updated list of available options, you can contact the online casino, sportsbook or poker room of your choice. They will be a lot more than happy to tell you the best available option for buying credits to gamble with.