Visa on the other hand is working hard on a similar policy, yet is accepted at almost any online gambling site, without problems, which means that it is still possible for online casino operators, to continue to process the credit cards, yet the privilege of processing credit cards on online gambling sites, is a cost factor that is quickly rising, due to the policies of the card issuers.

It goes without saying, that for online casino operators, it is very important, to accept as many means of transferring funds, as possible, and to them finding ways to process the cards is part of the day to day business routines. On the other hand the card issuers, will charge ever increasing higher processing fees, under the excuse of high risk transactions, making the processing of transactions for online gambling purposes a costly matter, with no end in sight, any time soon.

This in turn made the ewallet alternatives all the more attractive for online casino operators, who will try their best to persuade their players to use them instead of the cards. In order to achieve this, the operators are utilizing their most effective weapon: The bonus system. Most online casinos will offer a bonus to their members if they use an ewallet alternative to fund their accounts, instead of their credit cards, and some go as far as offering bonuses in the thousands of dollars!

Currently all reputable online casinos are offering attractive bonuses, if their members fund their accounts, using one of the alternatives.

This change in policy, is has gone down well, with the players, who will never turn away from the option of having more play cash, so these days it pays off to do research on online casinos to play at, and selecting one offering the highest bonus for using a secure ewallet service instead of the traditional credit card.

For the time being credit cards still remain an important funding option at most online casinos, but it looks like all parties involved are finally gearing up to change this once and for all, and the road that leads to this goal, will be one filled with bonuses and other extras, for the players, who do well by this change in policy.

Whether or not the decision as was made by the card issuers, to limit online gambling, through use of their cards, will ultimately turn out to be a wise decision, remains to be seen, because with billions going through other channels, the loss in revenues on that side, is bound to start hurting some time.

Back to May 2010 Online Gambling News
Back to latest Online Gambling News
Back to Online Gambling Archive