Latin American Player Online Casino Deposits

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Lobanet stands for "local banking network". It is a payment option that is targeting the Latin American online gaming industry. Lobanet services over ten Latin American countries, including Mexico, Peru, Chile, Brazil, Uruguay, Argentina, Colombia, Ecuador, Venezuela, Bolivia and Paraguay. Though the focus is on Latin America players from other parts of the world are not prohibited from using Lobanet. However players from the United States cannot use this payment option. Lobanet is owned and operated by Minerva Data Limited, which in turn is part of the United Kingdom public group Waltech PLC. Minerva has over 10 years experience in e-commerce and is certified by the IOM Financial Supervision Commission. Lobanet has its headquarters in England.

Lobanet operates in a very simple manner. The player has to first register with Lobanet. He then transfers funds to the online casino that accepts Lobanet as a payment option from his local bank account. The Lobanet system identifies the player’s bank transfer transactions and automatically confirms to the online casino that the payment has been made. The online casino then credits the player’s account and allows him to start wagering. Though Lobanet is predominantly used for funding online casino accounts, it can be used for making any purchase of goods or services online.

Lobanet has several product features that provide advantages to online casino players. It employs the latest technology and the highest possible security settings. Therefore players are sure that their funds will remain safe during online transactions. It is fast and easy to use and there is no fee levied on online casino players. A major advantage is that players are not required to provide any personal details like credit card numbers. Therefore they are protected from identity theft. Also since players are transferring funds owned by them and not borrowed funds, as in the case of credit cards, they are more likely to engage in responsible gambling. The Lobanet payment method is available in a number of currencies, such as United States Dollars, Australian Dollars, Canadian Dollars, Pounds, and Euros. The biggest advantage of all is that Lobanet provides a local focus to players from the Latin American region. A manifestation of this is that round-the-clock customer support is provided in Spanish and Portuguese. Lobanet provides separate e-mail addresses for queries relating to general information, management queries and financial inquiries.

A number of online casino groups powered by Microgaming accept payments through Lobanet. All these casinos are certified as "Safe and Fair" by eCOGRA and this further indicates that Lobanet is a safe and acceptable payment option. One of the first online casino groups to accept Lobanet was the Fortune Lounge group. Fortune Lounge online casinos began to accept payments through Lobanet from October 2009. These online casinos include Platinum Play, 7 Sultans and Royal Vegas. From December 2009 online casinos managed by Roxy Affiliates have started accepting payments through Lobanet. The leading brands of this online casino group are Roxy Palace Casino and Casino Splendido. Some brands of Vegas Partner Lounge group of online casinos such as Crazy Vegas Casino also allow players to deposit funds using Lobanet.

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