New Online Casino Payment Methods
By: Rick Balding, Tuesday September 9th 2008
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As online casinos are proliferating so are the service providers to online casinos. Important service providers are those that facilitate payments to online casinos. Recently three new electronic payment options have been added. These are Fonelinx, PIC Club and iBankG.
Fonelinx operates through prepaid phone cards. It is simple to use. Players need to go to the Fonelinx web site and complete the sign up formalities. The next step is to transfer funds to the phone card. This can be done using credit cards or eCheck. The Fonelinx phone card is now ready to use. The entire process takes only a few minutes. The player can log on to his favorite online casino, access the cashier section and deposit funds by entering the card number and the Personal Identification Number. Depending on player requirement, cards can be made available in $100, $150, $200 or $300 increments and can be topped up on requirement. Fonelinx takes all measures to ensure transmission of funds through secure connections and offers round the clock customer service.
PIC-Club is an e-wallet that enables players to fund a number of gaming sites without revealing sensitive financial information each time. The player first has to create an account with PIC-Club by filling in the online form. Once PIC-Club confirms the creation of the account the player will have to send the ID document for verification. This can be done online using a scanned copy or through the fax number provided. The account can be then funded through a large number of options that include Visa, MasterCard, Discover, Amex, Diners, eChecks, JCB, Western Union, e-gold and Bank Transfer. The PIC-Club e-wallet can then be used to transfer funds to online casinos. The "Purchase Shares" option on the PIC-Club web site is used to fund the account. The player can log onto the online casino or poker room directly from the PIC-Club website and transfer funds. Unutilized funds can be withdrawn any time. The withdrawal process takes about two weeks.
iBankG is an online banking solution that serves players from all countries, including the United States. It offers complete banking services and can also be used to fund e-wallets. The highlights of iBankG are that it operates in most internationally traded currencies, allows 24/7 account access via the Internet, provides excellent customer support and imposes no limits on deposit or transaction amounts. iBankG uses SSL encryption and other programs and tools to ensure protection of the players' personal data. IBankG accounts have to be funded using either a Visa credit or debit card, a bank wire transfer, or check from any U.S. or internationally registered bank.
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