Intercash Option at Playtech CasinosBy: Fabian Rictor, Friday August 27th 2010
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Intercash is a MasterCard backed prepaid card payment option for depositing funds at online casinos. Playtech is a leading online gaming software provider and has licensed its software to several Internet casinos. Now 18 Playtech casinos most of them belonging to the Euro Partners group will accept deposits through Intercash. These online casinos include Titan Casino, Europa Casino, Casino Tropez and Vegas Red. Therefore players at these casinos will have a new, quick and easy way to make deposits and withdrawals using Intercash. One of the main advantages of Intercash is that the winnings from the casino can be directly transferred to the card and used as cash at any of the 29 million ATMs or points-of-sale outlets on the MasterCard network. The balance in the card can be again used to fund online casino accounts if so desired.
Earlier Intercash CEO Patrick Seguev had expressed pride at launching the product on the Playtech platform of Fastengine Ltd. Fastengine is the owner of the Euro Partner group of online gaming sites. Seguev said, "The venture between our companies marks a significant step into what is becoming an industry standard, with many online gaming software providers and operators integrating our safe, efficient, and smart payment solutions as a standard part of their software package."
Seguev went on to explain the salient feature of Intercash. He said that adopting the Intercash system does not require online gaming operators to carry out any special integration or set up measures. The MasterCard Prepaid Gate web reporting and management system that Intercash uses allows online casino operators to easily perform financial transactions and monitor results in real time. The Pays2Ways feature allows instant authorization on deposits and withdrawals to online casino sites. The PaysMoreWays feature functions as an electronic wallet and enables the cardholders to withdraw funds to their Intercash card from any participating Intercash site. Seguev pointed out that by using Intercash the online casinos owned by Fastengine Ltd. will give their players and affiliates instant access to their winnings and commissions on a secure chip-and-PIN MasterCard card. This will not only reduce their costs in terms of issuing check and bank transfer fees but they will increase customer satisfaction, comfort and loyalty.
Players at Euro Partners online casinos should take the following steps to start using Intercash. They need to access the Intercash option at the cashier and order an Intercash card. The card will be sent to their registered address by mail. They will also be sent an access code. The players then have to visit the Intercash web site and activate their card using the code provided. A maximum value of €2,500 can be immediately deposited onto the card. This upper limit can be increased to €50,000 by providing the relevant verification documents. Once the card is activated all withdrawals are processed instantly.
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