«3 BEST BANKING OPTIONS INSTEAD OF CREDIT CARDS
Are you ready to hear some unpleasant news? It’s a bitter pill to swallow, but we’ll try to make it sweet for you. The UKGC (Gambling Commission of the UK) has recently announced that it’s planning to prohibit using credit cards in online casinos.
This decision may turn out greatly inconvenient for online casinos and their customers. The iGaming industry keeps on expanding, more and more people consider gambling as their favorite way of relaxing and having fun. The reason for this UKGC’s decision is the fact that many players may spend too much money on gambling, even this cash that they don’t currently have at hand. So, it means that the Gambling Commission is trying to make the iGaming industry a safer place.
Are Credits Cards Really Risky?
We all already know that it’s necessary to set limits for betting and depositing as far as online casinos gambling is concerned. But the UKGC goes further and is sure that it’s credit cards that can be risky.
One of the reasons for this consideration is the fact that children can lay their hands on their parents’ credit cards and get access to their funds. It wouldn’t be hard for kids and teenagers to deposit their parents’ money and play via their account. It’s clear that it’s the issue that shouldn’t happen, but the possibility is quite evident.
Other reasons for banning credit cards in the iGaming world are connected with overdraft facilities, payday loans and using the funds meant for something else instead of gambling.
Neil McArthur, Chief Executive of the UKGC says that the main goal of this potential ban is protecting children and reducing the possible risks to gamblers. The Gambling Commission of the UK has already tried to make online casino operators choose the responsible gambling and care about their customers.
Possible Banking Options
So what should we, gamblers, do after this ban of UKGC? Actually, it’s not so scary as it seems to be. There is a wide range of other possible payment methods (bank transfers, debit cards and so on), and here we’ll tell you about the most popular ones.
• NETELLER. This payment method is available in over 200 countries. Actually, it’s one of the most popular and convenient payment services. It was created in 1999 and since then it’s been satisfying millions of users.
• Skrill. Another convenient payment method, which is only based on the email address and a password. It’s easy to use Skrill and it deserves your trust, because this payment is safe and secure. The service became available online in 2001 and since then it’s been working to make millions of customers happy.
• EcoPayz. This global payment solution is supported by numerous online casinos, because it’s instant, convenient and safe. You can get access to your EcoPayz wallet via the corresponding iPhone app. EcoPayz offers you to add a complex verification for additional security of your account.
Well, we hope that we have managed to calm you down and you don’t worry about the possible UKGC’s prohibition of credit cards in iGaming industry. If you’re a responsible gambler, you’ll surely find some other convenient payment methods and keep on enjoying gambling.