Instant Banking at 888.com Online Casino
By: R. Kingsley, Friday September 26th 2008
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888.com is one of the oldest most respect online casinos in the Internet gaming industry. It is one of the founders of eCOGRA, the organization that monitors fair gaming at online casinos. A few months ago it won the Best Casino Operator of the Year at the eGaming Awards. Therefore when 888.com comes up with something innovative the Internet gambling industry sits up and takes notice.
As such 888.com offers about 35 banking options to its customers but in conjunction with Citadel Commerce Corporation of Canada it has recently added a new option that promises to be easier and faster than the ones presently in use. The Citadel option offers something completely new in the Internet gaming industry and that is "instant banking".
The Citadel option works as follows. Online casino players at 888.com are given access to an Internet bank account that operates round the clock on all days of the week. Players can fund this account through any suitable banking facility offered by Citadel Commerce Corporation. Once this account is funded the player need not depend on any international banking system for transfer of funds. This Internet bank account is integrated into the 888.com payment processing infrastructure. Therefore online casino players can at will deposit funds from this account to their account at 888.com and also withdraw their winnings at will from 888.com to the Internet account. Thus the players need not keep huge deposits with 888.com and at the same time have full control over the transfer of funds to 888.com.
The Citadel option addresses another concern of the players, which is perhaps greater than the one of keeping large amounts with the online casino. Players do not like to divulge sensitive personal information such as bank routing numbers, social security numbers and credit card numbers in order to engage in real money wagering in online casinos. Increasing instances of hacking and the consequent identity theft is a real scare that cannot be ignored. The Citadel option eliminates the need to divulge this king of information and therefore online players feel more secure.
888.com currently uses the Citadel option for its VIP clients and is happy with their response. This is what Gigi Levy, Chief Executive for 888 had to say. "We have been examining Citadelís instant Internet bank transfers by some of our VIP clients and they have discovered the system to be incredibly useful and practical. We anticipate to keep on expanding the rollout to more of our VIPs in extra countries and we are putting our efforts fully to combine instant Internet banking into our main cashier pages."
Citadel Commerce too is positive about this venture with 888.com. Michael Meeks, its President, said, "888 has been an active enduring customer of Citadel and we are very happy to start instant Internet banking with its backup. 888 is exceptionally refined and experienced with its payment alternatives and with its response we are going to keep on expanding our banking network and improve the product.
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