Poker Site Payment Options

[Venice]

Couple of posts for those interested in ewallet and payment options (mainly US players currently I assume). This is researched from 9 different sources and through my own investigations of various sites.

The first post (this one) is on the payment processors themselves, and the second post looks at individual sites :-


PAYMENT OPTIONS :-
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Youteller :-

The London based technology company Seed Capital Ltd has just introduced a new payment processing service 'YouTeller.com'.

"We will start in March with a revolution in simplicity of worldwide online
payments. Everybody who can download songs or play online games will now be able to pay for that instantly," said Johannes Knierzinger, CEO and co-founder.

On Monday the British Financial Services Authority (FSA) granted YouTeller the "Small E-Money Issuer Certificate", therefore making it possible to operate as an e-wallet. "The FSA has already given us the green light. We will begin services after the server-security testing period is completed," said Florian Schweitzer, company spokesman and co-founder. It took three month to develop the new online payment framework.

"We have no overseas branch in a NAFTA-country like Neteller or Citadel, so we are not affected by US legislation," underlined Schweitzer. YouTeller is part of an international lobbying task force that works on the issue 'worldwide online payments' with the World Trade Organisation (WTO) and the European Union.

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Wirecard.

Full Tilt's new payment processer. Probably will be available at other sites.

WireCard is a virtual MaterCard, Very easy to set up and use - Can use at
mastercard accepted sites like Bodog and Absolute Poker

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InterPAY :-

InterPAY is a prepaid solution that can be used for funding your account. Sign up for InterPAY and simply transfer funds from your favorite personal credit card to your InterPAY account, and then from your InterPAY account to your Intertops account - it´s quick and easy!

InterPAY is the most convenient way to cash out your winnings. It has never been easier to get immediate access to your money.

Card activation is instant - fund your account in minutes!
3 Step Process:
- Sign up for your InterPAY account - 3 minutes!
- Activate and fund your InterPAY account - 2 minutes!
- Transfer funds from your InterPAY account to your Intertops account - 10 seconds!

Your physical InterPAY debit card will be sent by mail within two weeks of
signing up.

Deposit Options:
- Credit Card Load: Load your InterPAY account using your existing credit card.
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ePassporte

ePassporte - This is a usefull account as they allow you to deposit money into your epassporte account using your credit cards, then you can use that money to deposit into your poker account.

Many poker sites open to U.S. players use this or recently added them.

Instant deposit
Daily transfer limit of $300 with a standard account ($600 for upgraded account)
No fee for transfers to and from poker sites
2-5% charge on deposited amounts
$5 annual fee after first year
Offers a card for ATM withdrawals ($2 transaction fee)

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eWalletXpress

No registration or annual fees
Accepted by a few popular poker sites
Fees range from free up to 15% depending on deposit method
No fee for transactions to poker sites
Maximum $150 deposit amount per depositing method

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EcoCard

This is a pre-paid debit card that allows you to fund it using you bank account, then you use that money to deposit in your poker account.

Not many poker sites using it yet
No registration or annual fees
Limited deposit options
Transactions to online merchants are free
1.5% fee for transfer to another EcoCard ad $10 fee for bank wires
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Nucharge

NUcharge are accepting USA Residents to sign up, and you can do it and deposit instantly.

You may ask yourself what does online phone cards have to do with poker, well Bodog Poker for example, now accept NUcharge as a method of payment which can allow you to play within minutes.

[Venice]

SITES
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Bodog

I have it on good authority that Bodog are busy criss-crossing the globe in talks with various payment processors. Nucharge, Wirecard and epassporte I believe have already gone live on their site.

Bodog also still offers Click2Pay, eWalletXpress, and credit cards. They
have also recently added Western Union and bank wires as deposit options.

Withdrawals are made through your original payment option or by check.
Bodog Poker - Offer new player a 10% Unlimited Bonus. This bonus is available instantly, ie no need to play raked hands etc

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Pokerstars.com/?source=pokertipsandpokerbonuscodes" target="_blank">Pokerstars

Pokerstars has always been top-tier at withdrawal and deposits, which is why they are one of the largest sites out there right now.

With options like ePassporte, credit card, Western Union, bank drafts, money transfers and cashiers checks as deposit methods for Americans, they offer plenty of choices, and they recommend using eChecks or ePassporte for withdrawals.

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Absolute Poker

ePassporte, Wirecard and Click2Play are amonst their list of deposit options for U.S. players. Their withdrawal options include ePassporte and a check.

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Full Tilt Poker

Accepting Wirecard, ePassporte, Click2Pay, credit cards and cash transfers.

Withdrawals will be made via the player's deposit method or by check.
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[Venice]

Latest Updates (20th Feb 2007) to this thread :-

Wirecard has mainly been dropped, and MyWebATM has been adopted by several sites. Full Tilt for one are now using MyWebATM instead of Wirecard

MyWebATM charges a monthly fee of $3.95

Most sites have settled in with ePassport being a prefered option. Clicktopay also there on most sites (but not to new US customers).

As well as Nucharge (found on Bodog) there is also now 'Add-Funds' which is similar to Nucharge in the virtual phonecard area.

Absolute Poker have added this 'Add-Funds' payment method to their selection.

[Venice]

US Payment Options --- Latest Updates to this thread (4th March) :-

Just had a look around the payment lobbies of a few sites. ePassport definately seems to be getting established as a standard everywhere. With increased demand on ePassport dont be surprised if it takes a little while to get an account fully set up with them. I guess a little patience is needed on that front. Their registration procedure seems pretty straight forward though.


Full Tilt :-

epassport
MyWebATM
cash transfer
"Cash Transfer is a fast and safe way to transfer cash into your Full
Tilt Poker account. You can walk into more than 100,000 convenient
locations (such as banks, convenience stores, and markets), and
transfer cash in person".


Pokerstars.com/?source=pokertipsandpokerbonuscodes" target="_blank">Poker Stars :-

epassport
Money Order/Cashiers check
Wire Transfer
Western Union


Absolute :-

Visa & Mastercard<--- these are listed as recommended for US, which is interesting. It seems some cards go through, maybe dependent on the issuing bank.

epassport
Add-Funds (their pre-pair "phonecard" option)

[dirtracerx]

venice, i dont see "wirecard" in FTPs deposit options?? can you clarify this?

[Venice]

(Update :- 10th March 2007)

I have edited in MywebATM into the last update, as this is still being accepted (certainly on Full Tilt at least). It is simply not being offered to anyone outside of the US, hence why I couldnt see it. But it is still there.

With Wirecard (dirtracers question above), despite it being lined up as the big thing at one point, they arent being offered to US. Wirecard are the ones who set up MywebATM. They probably went this route in order not to put their most established brand (Wirecard) into any danger.