Online Gambling Payment Solutions Still Evolving

Published August 30, 2012 by OCR Editor

Online Gambling Payment Solutions Still Evolving

Online casinos must allow customers choice of secure and innovative payment methods.

Online payment solutions for gambling are continually evolving, as operators try to keep up with growing demand as well as any threats to privacy and security. Credit cards and e-wallets are the two most popular solutions of the past decade, with customers forced to evaluate the pros and cons of using each method.

Popular Payment Solutions

Ukash and Moneybookers are two of the innovative payment solutions that customers enjoy, thanks to the anonymity they provide. Ukash provides a simple, cash-like deposit method for online gamblers without requiring personal or banking info. Likewise, Moneybookers (Skrill) requires only a bank account or debit/credit card and email address.

Visa and MasterCard are the two leading credit cards in use among online casino-goers. These require no great explanation, as they work in the same way they do with any other purchase you make. Visa has proved particularly innovative, allowing withdrawals too.

New Form Emerges

Now a new form is emerging that allows customers to make deposits directly from their bank accounts. UseMyFunds works as a middleman between your bank and online casino, allowing you to make deposits directly to your online casino account without revealing your details and without requiring anything extra from you.

UseMyCard combines a couple of the methods mentioned above, allowing you to purchase both 3V Visa Prepaid Vouchers and Ukash vouchers by using it as a middleman. Marketed as the new alternative to credit cards, it allows you to shop wherever and whenever you want without worrying.

See also

1-pay Online Payment Method

Russian Government to Block Online Gambling Payment Methods


Michigan and Pennsylvania Move Forward with Online Gambling Bills, But Struggles Still Ahead


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