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I will appreciate it if you point me out where I can read more about that law. I am a non-US guy and I really don't know where to begin.
Basically the US gov't can't stop people from using online casinos, so they gave up trying. Instead they went after the payment processors. The Act makes it illegal for a credit card processor to accept a transaction that will be used for Internet Gambling.
The exact way this will be moderated and such is not really clear right now. The law was passed in Oct , and it gave all the processing company months to get their act together and stop processing online gambling transactions.
So there's still about months of this grace period open. However, this law only applies to US billing companies. So you should look for an offshore billing solution try search Costa Rica, Belize, Gibraltar, Spain, and South Africa, they all accept online gambling as legal.
Just having Neteller wont do If you don't have any idea - then it's probably a good idea to become a neteller merchant, and take it step by step from there But this wont do it if you intend to target US Otherwise, just ask your bank or financial institute if they can help you out.
Btw I'm guessing that the larger networks support merchants ie they will deliver some kind of payment methods.
ECommPay is an innovative, fast-thinking company that provides state-of-the-art secure electronic payment solutions for clients worldwide.
An advanced payment processing system paired with an individual approach ensures profit maximisation for ECommPay clients through increased conversion rates, solid security measures, and outstanding service.
International offices soon followed, and now the company has a presence in seven countries: Each merchant collaborating with ECommPay is assigned to a highly experienced personal account manager, intimately familiar with the nuances and particularities of different business sectors, who oversees the integration process and provides technical assistance.
Close cooperation with the client allows the account manager to connect processing services most quickly, apply the relevant e-Commerce solutions and offer personalized advice.
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Once the funds are in your account you can make deposits at any of the online casinos you want to wager at. You can also use your Skrill account to make other online purchases.
You can instruct the online casinos to remit your winnings back to your Skrill account. There is no charge levied for deposit and withdrawal transactions with online casinos.
Funds in your Skrill account can also be withdrawn back into your credit card or bank account, for which a fee will be levied.
You log in to your online casino and go to the Deposit section of the cashier. Click on the Skrill option and enter the deposit amount.
You will be asked to log in to your Skrill account using your Skrill user ID and password. You then follow the given instructions to complete the deposit.
The option to withdraw to your Skrill account is available only if you have deposited using Skrill. You go to the Withdrawal section of the online casino cashier, enter the amount to be withdrawn, select the Skrill option and fill in all the details required.
The online casino will process the withdrawal request and you should get the funds within five days.
PaySafeCard is an online casino payment option that originated in Austria. Today it is used globally, including in Australia.
Prepaid Services Company Limited is the company that owns the product and its operations are regulated by Financial Conduct Authority.
Hence you can be sure that it is a safe payment option and that you will not be cheated. PaySafeCard is a prepaid payment option. This means you have to pay upfront to purchase a voucher from PaySafeCard and can then transfer the funds to your online casino.
The card can be purchased from thousands of retail outlets in Australia. You can locate the one nearest to your home from the PaySafeCard web site.
You enter your address or postcode or town in the locator and you will be given the addresses and locations on a map of all the retail outlets near you.
You can purchase the prepaid cards from there. The cards are available in several denominations, but are of low value. Hence this may not be an option suited for high rollers.
Another advantage is that your name or bank account or credit card does not have to be divulged when making the purchase.
Therefore total privacy is assured. You log in at your online casino and access the Deposit section of the cashier. There you select the PaySafeCard option.
Each card has a unique 16 digit pin number. You will have to enter the number in the field. You can enter up to 10 numbers at one time.
You will also have to enter the amount of the deposit. Make sure that it is less than or equal to the value of the cards entered.
If a card is not fully utilised the balance can be used later. It does not lapse. Complete the transaction and the funds will be instantly in your online casino account.
PaySafeCard cannot be used for withdrawals. The online casino will send you a cheque for your withdrawal amount.
There are some common issues about depositing and withdrawing from online casinos that are discussed in this section.
At all the online casinos we recommend you can use all the above payment options in Australian dollars for both deposits and withdrawals. Therefore you will never need to exchange currency, which can be costly because of additional charges levied by payment options services providers plus arbitrages in currency conversions.
All the agencies involved in depositing and withdrawing funds from online casinos operate in a totally secure environment.
These include the online casinos, the payments services providers, banks and credit card operators. The same SSL encryption protocols are used throughout the process of transferring money.
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