Industry-leading online payments processor, Quick Tender, has been catching some heat from American online gamers. The service is located in Europe by tends to numerous countries across the world. Lately, Quick Tender has received an increasing number of complaints from American gamblers and their affiliates for payments being delayed. Ironically, the funds had been withdrawn from Quick Tender’s bank accounts in a timely manner.
Highlighting the Service
The payment processor investigated the issue and released a press release as to why this occurred. The statement began by reminding the audience that Quick Tender has been a reliable and efficient payment processor to online gambling players for many years. The company further detailed that excellent service can be offset by “the vagaries of the US administration.” This is a reference to the actions the U.S. Government has taken against the payment processors for the online gambling industry.
A Free by U.S. Bank Accounts
Next, Quick Tender got right to the point stating that the processor has transmitted withdrawals to their account holders in the United States over the past several weeks. They reconfirmed the funds had left their European bank accounts. Quick Tender went on to report that these funds are accumulating in American bank accounts because the money is frozen. The financial processor believes the funds are subject to a seizure order by U.S. Authorities.
Temporarily Freeze Future Withdrawals
click here to see most Popular PagesThey further stated that their intention is to ensure account holder’s funds are safe and has decided to freeze future withdrawals until the frozen funds are released. The specific release says, “If we continue to transmit bank wires into the US we could find that these funds also do not reach their ultimate beneficiaries. This would simply make the problem worse.”
Clarification from U.S. Banks
Quick Tender ended the statement requesting its users to be patient while it acquires clarification from the U.S. banks. Meanwhile, the processor will continue to investigate its exposure and how it can safely restart withdrawals ensuring the funds will not be frozen. The company has excellent exposure to U.S.-based online gambling players and is fully aware of the ramifications of going against the U.S. Government.
This is the same type of situation that knocked many other online gambling payment processors out of the U.S. market. Hopefully, this does not have a major negative impact on Quick Tender’s reputation and they will continue to provide payment solutions to U.S.-based players in the future.
