Online Casinos Get New Payment Options

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Online Casinos Get New Payment Options

February 4, 2009

Four online casinos powered by Microgaming will now be able to offer payments through the U.K. online banking service Ivobank. The four online casinos are Webline, Iconic, Eurolinx and Golden Lounge. The benefits offered by Ivobank to customers at these online casinos include real time bank payments, funding accounts through debit and credit cards, free bank transfers, competitive rates of interest on deposits, quick and free online bank payments across Europe and insuring balances up to £50,000 through the Financial Services Compensation Scheme.

Ivobank is tailoring its services to meet the needs of the online gaming industry. It had a strong presence at the recent ICE(i) exposition in London, where the major players of the online gaming industry had collected. At the expo an Ivobank spokesperson informed members of the online gaming fraternity that Ivobank was focusing on minimizing costs to both gaming operators and online players without sacrificing its high quality of service. One of the key services offered by Ivobank is a round the clock customer support through telephone, online live chat and secure email. Matt Webb, Head of Merchant Services of Ivobank said that they were satisfied with the progress made by the bank in building up customers from the online gaming industry, particularly from Microgaming powered operators. The integration with the Microgaming platform has been quick and smooth and Webb hopes to see Ivobank spreading to more Microgaming operators in the near future.

Meanwhile some Real Time Gaming (RTG) online casinos have taken on board the eCheck payment system. eCheck has come as a boon to American players, who have been hard pressed for good payment options since the UIGEA has started putting the squeeze on the financial system. eCheck is a U.S. friendly option and American players will find it easy for both funding their online casino accounts and for withdrawing funds from their online casino accounts. That is the reason more and more U.S. online casinos will be adopting the eCheck payment option. Many Canadian banks also recognize and process payments through eCheck and therefore this is a popular option for Canadian players as well.

The online casinos that have recently started offering eCheck as a payment option are Rushmore Casino, Cherry Red Casino and Slots Oasis Casino. These online casinos are brands of the Isagro Holdings Ltd. Group. This group is fairly new but has become popular and respected in a short space of time. These online casinos offer about 100 casino games that include slots, card games, table games and video poker. The instant play version of their software is compatible with Mac operating system, which is another advantage offered to American players who use Mac.

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