Special Report: New Payment MethodsPublished September 5, 2013 by OCR Editor
The last few months have seen a rush of new online gambling payment methods
The summer of 2013 has been a busy month for the online gambling payments industry, with a number of new methods coming on to the scene. In this guide, we look at four of these new payment options.
Swiff is a Canadian prepaid voucher recommended by OCR. It is available in denominations of C$50, $100, $150 and $200, and can be purchased at hundreds of merchants around Canada. To purchase a card, simply pay the amount in cash and the cashier will give you a voucher with all the information you need to deposit funds to an online gambling account: 16-digit PIN, expiry date and three-digit CVV code
This payment option is now available at a number of leading online casinos including William Hill and Euro Grand. It is also cheaper to use than many of its rival options as it comes complete with a 15% deposit bonus.
iBanq is a free e-commerce system brought to you by Japanese Internet firm Rakuten. Opening an account is simple and 100% secure, and gives users the option of using multiple deposit and withdrawal options depending on their location. This solution is already used by Monte Carlo Casino and will likely pop up at other sites in the future.
Sofort AG's iDeal is a deposit method used by online gambling sites in Europe. It works with shops in the UK, Germany, Switzerland, Netherlands, Italy, Belgium and Poland, and allows users to make instant, secure and direct deposits. It does not work as a withdrawal option; users will have to take out the casino winnings by cheque.
Trustly, formerly known as Instant Bank, is a payment method that allows customers to fund their online casino account directly from their bank account. There is no need to use a credit card, e-wallet or other system or to log directly into your bank account; Trustly will facilitate your deposits through its secure payment system.