Choosing Credit Card As Deposit Method
Online casinos receive funds from members in one of three ways. The first is the classicmethod of transferring funds via paper checks or bank transfer. This method can take quite a bit of time and, as a result, is rarely used. The second method is via credit and debit cards. The third and final method is know as an alternative payment method and includes e-wallets. Some of the most accepted e-Wallets are Use My Wallet, QuickTender, NETeller, PaySpark and eWallet Xpress.The most common method used is credit card. Players will sometimes run into problems making deposits with their credit cards and it is important for them to know why.
One of the known problems is rejection of the funding transaction by the bank that has issued the credit card. This problem is very common in the United States due to the UIGEA passed in 2006. Because of the vagueness of the terms of the UIGEA, it is not clear whether the transfer of funds to online casinos is lawful or not. Some banks choose to play it safe by declining such transactions for fear that these transactions may afterward be determined to be unlawful. This problem is not solely one of US financial institutions.
In the event that a credit card transaction is declined, there are some solutions you might want to check before giving up on funding your account. One such solution would be an alternative payment method such as NETeller or eWallet Xpress.
These days, people rarely run into any difficulty when making a deposit into their online casino account. It is certainly recommended that you give it a shot if that is your preferred method of payment. At worst, you can seek another method if for some reason it doesn’t work out.
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