A recent announcement has developed some interest in the online gambling world. The news was related to the fact that Playtech struck a deal with InterCash Payment Service, in order to provide a simpler and easier way to transfer funds to and from online casinos. The original plans have been accomplished and Playtech just announced that is launching the desired service.
Following the truly unpredictable and somewhat confuse environment regarding online gambling in the United States, some companies decided to search for alternative ways to get around the laws. There is nothing against online casinos in the US; illegal are just the transactions to such sites made by American online casino players. Giant companies like Mastercard or Visa were forced to reject these operations after the UIGEA went into effect.
One of the easiest ways to deposit money to an online casino is when you do not have to give any financial information or the data on your credit card. Players are extremely careful when they have to divulge personal information. Fortunately, over the years, payment methods have changed a lot and now there are countless methods of funding an account. One of the easiest and most popular new methods is Ukash. This is now available at many Ukash online casinos.
Online casino payment options have gone a long way since the times when only the select few could find an option available for them or their country. There are now countless casino payment methods of depositing and withdrawing money from online casinos. The largest money transfer company in the world, PayPal has just reentered the industry after they left it last year. At that time, things were not looking very promising for the online gambling sector.
There are countless ways to deposit money to an online casino, so players are left without any kind of guidance to what they should use and what advantages have various casino payment methods. Further you will find some basic information about one of the newer and most popular alternative payment methods. When we say alternative, is because the traditional payment method for online casinos used to be the credit card. This option is no longer the leading option, as some countries and casinos do not support the method anymore.
Until recently, online casino players preferred to deposit money to their casino by using credit cards, but this is no longer true. There were many problems in the past with this casino payment method, so players obviously slowly turned to other methods. Another impediment was the fact that credit card issuers were imposing higher fees on this king of transactions.
As a result, alternative means have become a lot more popular at online casinos around the world.
All those that love to play online casino games, have one big problem. The safety of money transactions between the accounts of the players and the online casino is an important issue for the industry. Players should feel secure when they decide to fund their gambling accounts with real money. Some prefer to use alternative ways that do not require them to use their bank accounts or their credit cards. An innovative and great way to do this is by using Ukash service.
Ukash is a different way to fund the online casino account and it is supported by more and more online casino operators.
When first starting to play at online casinos, it is rather difficult to know which casino is safe and secure. As a beginner, you either have to guess or rely on friends who can introduce you to a good gambling website. It is rather risky to try your luck and register for the first online casino that comes around. It would be helpful to know a couple of things before proceeding.
First of all, if an online casino promises something that seems too good to be true, it probably deceives its players and you should avoid such things.
Although the online casino industry in the United States has just seen the UIGEA go into effect days ago, some say the law did not have the effect some envisioned it to have. Operations at online casinos all over the states continued almost as before, with just minor setbacks for some smaller payment processors.
The Unlawful Internet Gambling Enforcement Act went into effect on March 1st and it was meant to stop unauthorized online gambling operations.
Although the credit card companies have recently announced they no longer support transactions towards and from online casinos, not all of them have done so. Some online gambling operators are still accepting major credit cards as an option to fund the accounts of their players. MasterCard has a very strict law and no casino that allows US players has this option of payment.