eChecks Present American Players with New Payment Option
With credit card companies restricting access to American online casinos, online gambling operators must get inventive with their banking methods. eChecks have emerged has a viable option for online casino players in America, who are running out of banking options.
Unlike eWallets like NeTeller and MoneyBookers, players are not required to register for eCheck service, eliminating the time-consuming registering process. Instead, players simply select the “eCheck” option from the online casino’s cashier. They are taken to the form right away, which looks exactly like a traditional check. The player must fill in all of their banking information, the amount of money they want to deposit and the casino operator’s name.
Money is transferred instantly, but there are restrictions on the amount of money that a player can deposit. For first time players, they are only allowed to deposit $100 within a 24 hour time period and $600 over 30 days. After their first eCheck is cleared, the limits increase, allowing $600 in 24 hours and $2000 in 30 days.
Players can also withdraw money using eChecks, an option that is not possible with alternative payment methods like prepaid cards. As is the case with deposits, players can withdraw money instantly.
The only drawback of eChecks is that skeptical players may be a little put off by the fact that the casino will have access to their banking information. But, they can rest assured – online casinos employ some of the most sophisticated encryption software, so players never have to worry about their personal information being accessed by outside sources.
Tags: American online casino news, American online gambling news, online casino banking, online casino eChecks
This entry was posted on Wednesday, March 10th, 2010 at 4:19 pm You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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