Two New Payment Options for Online Gamblers

October 28th, 2009

Players have been blessed with the emergence of more payment processing options as online casino gambling continues to soar to new heights of popularity.  The heated competition amongst payment providers in the internet gambling space is good news for players.  Not only does it provide the player with more options, but also helps them discover the companies offering the lowest transaction fees, thus reducing the cost of their gambling expenses.

Two of the newest payment processors to open their doors to the world of online gambling are GoldPay and I-Point.  Both services have their own distinct advantages but offer a common benefit as well, which is being available to players who reside in the United States.  This is a significant plus for American players who are at a disadvantage because of restrictions and all the legal repercussions surrounding online gambling in the U.S.   Let’s overview both options to find out more about what they have to offer interested players.

GoldPay

GoldPay is an online payment service that offers five options from which players can transfer funds.  These options include Bank Wire, eCheck, Money Gram, Western Union and Xoom.  After selecting an option that suits their preference, the player is sent an email containing detailed instructions on how to compete the transaction.  Once complete, the player is notified that their account has been funded and can now make a deposit at any online casino that accepts payments from GoldPay.  The service also supports withdrawals, allowing players to retrieve their balance and winnings through Bank Wire, Money Gram and Western Union.

There are many advantages to using GoldPay as your payment option for online casino gaming.  The most notable is perhaps the fact that your transactions are processed almost instantly.  The service is also available to virtually anyone with an email address.  So outside of online gambling, this option permits you to send money to friends and families or make purchases from other online merchants if you choose to.  Most importantly, all GoldPay transactions are completely secure and private.  After creating your account, there is no need to share any personal or financial information with the service provider.

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I-Point

I-Point is also an online payment service, but works slightly different that than your typical e-wallet.  While the service calls for you to fund your account with a credit card, the card details are not stored on the company’s servers.  This results in superior security because even if a hacker was able to break into the server, your sensitive credit card information will not be available to them.  I-Point is different in another manner which may be even more important. This refers to the method it uses to remit a player’s funds. When you need to make a deposit into your casino account, I-Point provides you with a telephone number and confirmation code.  Once the code has been confirmed, you are then allowed to transfer funds.  Because the entire process is enabled through mobile phones, I-Point has quickly become the preferred payment option for mobile casino gaming.

As we mentioned earlier, GoldPay and I-Point are new payment options to the world of online casino gaming.  However, casino operators are adopting support for their services quickly, including Vegas Casino Online, a popular casino powered by Real Time Gaming.

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One Response so far to “Two New Payment Options for Online Gamblers”

  1. # Donna lisa on October 30th, 2009 at 11:41 am:

    Based on my prior experience and my personal conclusions by reading reviews from http://www.casinoscorner.com, I would like to add that there are numerous problems related to presently available payment options like regarding payments, withdraws and deposits. I am sure the new options will try to overcome these problems and players would feel more secure and confident about their funds.

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