One of the big operators announces clever new plan for payment to get round credit card issues
One of the key points in the piece of legislation that has just been passed by the House of Representatives in the US is the use of credit cards to facilitate online gambling.
The Bill is seeking to make that practice illegal, and perhaps in reponse to that, PartyPoker.com, whose shares fell this week in the light of legal developments, have announced a new method of payment.
payzone, the UK’s largest branded cash acceptance network, along with PartyPoker.com, have announced the launch of a prepaid PartyPoker.com e-voucher, available through payzone’s network of 25,000 terminals.
The new service, which is an exclusive UK branded network deal and is available now, will make online gambling safer and more secure for users as well as offering retailers generous commission rates on an industry sector worth over £50 billion a year.
Consumers can buy £25 prepaid gaming e-vouchers which are issued with a unique 16-digit PIN number. The prepaid e-vouchers make online gambling secure, eliminating the danger of internet fraud and identity theft and helping to prevent people spending beyond their means.
Consumers are able to purchase and top-up the e-vouchers at payzone’s network of retail points of sale across the UK.
The service makes online gambling more appealing and accessible to consumers who do not possess a credit or debit card, or who have concerns about sharing personal and financial information over the Internet.
payzone is part of alphyra, Europe’s largest cash acceptance network. Tim Murphy, Chief Operating Officer of alphyra said, “We are delighted to be able to offer PartyPoker.com through the payzone network.
“PartyPoker.com is now the world’s largest online poker room and this agreement will further strengthen the range of products and services we offer to consumers. It is also demonstrates our commitment to giving retailers high-value services to help maximise profits and overall revenue within their stores.”