With Neteller Out, What About The Competitors?
Written by Tom Somach in Poker NewsWith the announcement last week that online money transfer service NETeller (www.neteller.com) will no longer process transactions between U.S. customers and online gambling sites, American online poker players suddenly have fewer options with which to send and receive funds to and from their favorite Internet poker rooms.
As a service to its readers, PokerHelper.com has taken a look at other online money transfer services similar to NETeller, in an effort to find out which ones, can still be used by Americans to send monies to and receive monies from online gambling sites.
Here’s what we found:
My Citadel (www.mycitadel.com): Immediately after NETeller announced last week it was banning U.S. customers from transferring funds to and from online gambling sites, My Citadel made a similar announcement.
Solid Pay (www.solidpay.com): Immediately after NETeller announced last week it was banning U.S. customers from transferring funds to and from online gambling sites, Solid Pay made a similar announcement.
FirePay (www.firepay.com): According to the FirePay website, “As a result of the recently passed Unlawful Internet Gambling Enforcement Act of 2006, U.S. account holders can no longer use FirePay for online gambling payments.”
Paypal (www.paypal.com): Paypal stopped allowing U.S. customers to transfer funds to and from online gambling sites in 2002, after being fined $10 million by the U.S. government for allowing such transactions.
Moneybookers (www.moneybookers.com): Stopped allowing U.S. customers to transfer funds to and from online gambling sites after the Unlawful Internet Gambling Enforcement Act of 2006 was passed by the U.S. Congress last year.
First-Pay (www.first-pay.com): According to a First-Pay spokesman, “Following the passing of the Unlawful Internet Gaming Enforcement Act of 2006 as part of the Port Authority Bill, First-Pay is no longer in a position to provide pay-in card services associated with any gaming transaction initiated in the United States.”
Instadebit (www.instadebit.com): According to an Instadebit spokesman, “Online gambling transfers to and from the U.S. are denied due to U.S. law.”
ePassporte (www.epassporte.com): This is the only electronic money processor we could find that still allows Americans to fund and collect from Internet gambling sites. Many major online poker rooms use this method.
So what does this all mean?
For the time being, at least, it looks like not only has NETeller pulled the plug on allowing U.S. residents to transfer funds for online gambling, but so have many of NETeller’s competitors.
This doesn’t mean online poker players have to quit playing online poker, of course.
It just means they may have to use alternate methods to fund their betting accounts and collect their poker winnings. And there still are many methods, such as bank wires, bank checks, personal checks, money orders, Western Union and even sending cash in the mail or by Fedex or UPS.
Not to mention the still-to-be-invented ways of transferring money that don’t yet exist but surely will pop up soon to take the place of NETeller and all the rest.




