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Money transfer Visa gift cards are the new and beat way to load your
poker account. no info is passed, like greendot, or wire transfer.
completely annonymous. A fee for 5.95 is all you nedd with no monthly or
reload fees. So buy em up quickly cause im sure they will stop this too.
Money transfer system that allows transfer between merchants and
individuals.
Alternative banking solutions such as NETELLER have become very
popular in the online casino indusry, check out NETeller casinos for
more details on this NETeller is ceasing to transfer gambling funds for
U.S. players. These players may still use their NETeller accounts for
non-casino gaming transactions. NETeller will continue permitting
gamblers not residing in the U.S. to transfer funds to and from online
casinos and other real money gambling sites...For more on this news,
please read our NETeller Update. Or, read over our NETeller
Alternatives. Deposit into a NETeller account by several methods,
including:
Debit Card & ATM Card deposits are processed instantly
Credit card transactions are processed in real time, meaning you will
have the money instantly available to deposit in the casino.
Online checks can be electronically made out to your NETeller account.
You must register your checking account with your NETeller account.
Funds are available in four to five business days.
Bank Wire is a direct deposit transfer from your banking account that
you must phyaically set up in your bank.
Internet Banking is a highly efficient method of transferring funds from
an online banking account. It is only available to European customers,
where incidentally, it is very popular.
Funds are conveniently transferred using the best security available.
Instant transactions are processed with the click of a mouse. Simply
enter you Account and Secure User ID, along with the amount of money you
would like to transfer, and the money is instantly processed with
128-bit encryption and Secure Socket Layer security. Another employed
safeguard, which also makes the service more convenient, is that account
holders only need to share their personal information when they register
at the Neteller website. Thereafter, you only need to enter your unique
account # and password to spend money at thousands of online websites.
Alternatives
There are several alternatives for using NETeller to fund and withdraw
from an online casino account. Understandably, there are several startup
payment processors existing on the Web, having neither the history or
credibility to substantiate their claims of service. All of the
following NETeller alternatives are established and reputable payment
processors using the same security standards as the world's leading
financial institutions. Secure Socket Layer firewalls and 128-bit
encryption technology serve to protect all personal details and
financial transactions made between source funding accounts, online
casino accounts and the eWallet's themselves.
The following NETeller alternatives can be used for making deposits and
withdrawals at online casinos. Please note that their use will vary from
casino to casino, and we do not guarantee that every player will be
permitted to use these methods:
Formerly PaySpark, EZIPay is the latest international online payment
processor to become available to the online gambling industry. Having
first started as a reputable eWallet in Australia and New Zealand,
EZIPay is now internationally available.
Click2Pay is a leader in fast payment solutions. No pre-funding is
required, and using direct debit or ACH to fund and withdraw from your
Click2Pay account is instant and free of charge. Only available for
former account holders. 24 hour support. More on Click2Pay
ePassporte is a pre-funded, global processor of online finances,
allowing the instant transfer of funds from valid checking and banking
accounts, as well as credit and debit cards. Primarily accepted at
leading poker rooms (offering casino games). More on ePassporte.
The following NETeller alternatives can be used for making withdrawals
at online casinos. Please note that some casinos may not be offering
them anymore, and players are advised to call customer support before
trying to make a deposit.
Automated Clearing House can sometimes be used for making deposits into
online casino accounts, but is primarily used for receiving withdrawals
to a banking account. The transaction is highly secure and re-quires
three to five days to process. More on ACH
All online casinos offer payouts through standard checks that can be
delivered by either international courier service - taking 3 to 6 days
and costing around $25 - or by standard mail, which takies seven to
twenty-one days and is free of charge.
Hippie Canuck founders busted as DOJ rampage continues
"Internet gambling is a multibillion-dollar industry. A significant
portion of that is the illegal handling of Americans' bets with offshore
gaming companies, which amounts to a colossal criminal enterprise
masquerading as legitimate business. There is ample indication these
defendants knew the American market for their services was illegal. The
FBI is adamant about shutting off the flow of illegal cash" - FBI
Assistant Director Mark Mershon, United States Attorney’s Office press
release, January 16, 2007
The American assault on the online gambling world claimed another victim
today, as payment processing giant Neteller suspended trading in its
shares on the London Stock Exchange in response to the arrest of two
former executives by American authorities.
The United States Attorney's Office for the Southern District of New
York unsealed indictments this morning against Stephen Lawrence,
Neteller's largest shareholder and former chief executive officer, and
John Lefebvre, a former president of the company who retains a
significant ownership interest as well. Federal agents nabbed Lawrence
in the US Virgin Islands and Lefebvre in Malibu, California - apparently
the current executives are clever enough to avoid dipping a toe in any
US jurisdictions.
According to today's press release, the Feds began investigating
Neteller in June last year, months before the passage of the Unlawful
Internet Gambling Enforcement Act, which was hurriedly added to the Port
Security Bill under cover of night. Of note is the fact that the men are
not being charged under the UIGEA, which doesn't take effect until Juy
of 2007 when the 270-day grace period expires.
After all, the alleged illicit activities took place in 2005, well
before passage of the act.
Instead, they are charged with "conspiring to transfer funds with the
intent to promote illegal gambling" during a period when both men still
served on the Neteller board of directors. The press release, however,
notes some parallels to the BetonSports prosecutions, previously covered
here, and makes crystal clear the breadth of jurisdiction the DOJ
believes it has over online transactions that touch the United States,
even via third parties.
Whether going after a reputable payment processor like Neteller is smart
policy is another question entirely - what would prevent gamblers from
switching to other, less savory processors, with executives hanging out
on the beaches of Beirut rather than the beaches of Malibu?
The BetonSports debacle should have made obvious to the DOJ the hazards
of puritanical zeal, hammering away at reputable companies only to drive
money into the open arms of shady payment processors. The once-reputable
BetonSports is now a shell of its former self- it didn't even bother
sending an attorney to its arraignment last week, risking contempt of
court sanctions. Whether that's a novel legal strategy or a reflection
of its financial ruin is unknown, but the American gamblers who formerly
poured billions into the company will likely never get their money back.
With friends like the DOJ, who needs enemies. These laws are meant to
protect the American public, right?
Neteller found itself in the crosshairs due to the fact that it provided
payment processing services to an astonishing 80 per cent of all online
casinos, and processed over $7bn in transactions in 2005. The DOJ press
release contrasted Neteller's insouciant indifference with the docile
response it got from competitor Paypal back in 2003, when Paypal coughed
up $10m to avoid prosecution for facilitating these same kinds of
transactions. Neteller PLC itself has yet to be charged with anything,
though this was a pretty good shot across the bow.
Of course, Neteller could have helped itself by pulling out of the
American gambling scene back in October, when everyone else pulled the
ripcord. As it is, a couple of laidback Canadians, who, after founding a
major corporation, ditched the corporate game to hang out on the beach
with a cold one, or update their MySpace pages, will pay the price.
After word of the arrests broke, online gambling enthusiasts managed to
dig up Lefebvre's MySpace page, which is full of pictures of the hippie
crooner in various bucolic settings, stroking his instrument. We bet
he'll soon be singing a different tune, in an environment considerably
less peaceful.
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