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E-Wallets Available

Funding Online Accounts After NETELLER

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Much of my mail from our readers these last weeks addresses the important issue of how to get money out of NETELLER and what e-wallets are now available. (For those of you who aren't familiar with Internet lingo, an e-wallet simply means a way to get money online.)

I must answer the second question by saying that by the time my article is posted, new e-wallets will probably have sprung up. For this reason, online players should surf the Internet and also read the publications from their favorite sites.

As for the money in NETELLER, about two-thirds of NETELLER's business came from transferring funds from U.S.-based bettors to offshore gambling companies, which amounted to billions of dollars. However, NETELLER also served as a money-transfer service between financial institutions and online merchants that had nothing to do with betting. FBI agent Neil Donovan has been quoted as saying that "funds from NETELLER are being held in court as potential evidence. Some customers may get their money back." NETELLER is telling customers that it will take between 6-8 weeks to return their money.

In the meanwhile, what are your options? Full Tilt Poker now offers MyWebATM.com, a brand-new deposit option that provides a fast and easy method to fund your account using your personal bank account. Once MyWebATM is funded, a customer can access funds at Full Tilt Poker or at thousands of stores and ATMs worldwide.

As with other secure websites, you should always see https in the web address when you are supplying confidential information. The "s" signifies that the page is protected by SSL (Secure Sockets Layer). The SSL security protocol provides data encryption, server authentication, message integrity, and optional client authentication for a TCP/IP connection. For those of you not so technical, all that means is that your information is protected.

Many sites use epassporte.com, which has become very popular because it is instantaneous and players can fund this e-wallet with either their bank accounts or their credit cards.

A London-based technology company, Seed Capital Ltd., claims to have introduced a new payment-processing service, YouTeller.com, which is being advertised as taking over where NETELLER left off. "We will start in March with a revolution in simplicity of worldwide online payments. Everybody who can download songs or play online games will now be able to pay for that instantly," said Johannes Knierzinger, CEO and co-founder. However, beware, because e-gaming review alleges that Seed Capital appears to be falsely claiming to be certified by the UK Financial Services Authority.

Another company, www.nucharge.net, offers a payment option at Bodog. Many players report that nucharge.net is easy to use and instantaneous.

I have been privy to discussions about other viable and easy options that are right around the corner. Stay tuned.
 
 
Tags: poker law
 
 

Comments

dokkabi
over 15 years ago

How are those new payment processors continously going to work with US banks after 270 days (UIGEA)?

 
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skallagrim
over 15 years ago

I have previously enjoyed Ms. Shulmans post on these subjects, but it appears her checking of facts is somewhat lacking here. For the FBI or DOJ to have frozen the FUNDS OF US PERSONS HELD IN TRUST BY NETELLER IN UK Banks, there would either have to be a lot more obvious confirmation (like civil process served in and approved by the UK) or a secret deal between Neteller and US authorities (in which case its unlikely the FBI agent would have offhandedly revealed this secret). The quote from the agent was in a very poorly worded story, and the more likely interpertation is that the agent was referring to funds FROZEN LAST SUMMER as part of the Betonsports case.

 
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hummer93
over 15 years ago

I think I will go to casinos and not have to worry about my money being safe and in trust. Oh and it will be safe indifinetly, and by the way dont call about it cause we cant discuss your money.

 
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maskedavenge
over 15 years ago

Just wanted to add that ewallet is not instantaneous. Every time I have used it it takes 7 days. Am I doing something wrong?

 
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detroitjunkie
over 15 years ago

It's funny to me how many people try to dis-credit AJ Shuman saying her facts are incorrect, when in reality they are right on accurate...the USA did freeze NETELLER's funds for USA members, so I guess that makes SKALLAGRIM the one who is somewhat lacking here.
Anywho, be careful of keeping to much money in these e-wallents, just because they are new and will transfer the money, does NOT mean they are immune to USA tyrants trying to rid the world of evil....so they say.

 
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maskedavenge
over 15 years ago

Sorry, I meant to say epassport.

 
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HuTs
over 15 years ago

I second Clint Ray's comment that epassporte is not instantaneous. In fact, US based users cannot use their credit cards to load but need to either wire cash or use their bank accounts. Both take time. My experience is with my bank account. It takes at least 7 days to upload money and too me over 10 days to activate the account. I hope someone creates a better system that far more user friendly.

The idea of having a virtual credit card tied to a real credit card issued by an internet payment processing company is intriguing. The option to by-pass all us banking by having a credit card that i load with my winnings and use whenever and wherever I wish is fantastic. Hopefully, as time progresses more options like epassporte will open up.

 
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thekidknowszip
over 15 years ago

AJ Shuman looks alot like Dee Snider in drag. Except Dee gives much better legal advice.

 
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styleXX
over 15 years ago

DEE SNIDER!!!!!!!!! LOL!!LOL!!LOL!! holy xhit thats sum funny stuff

 
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zingbust
over 15 years ago

ePassPorte is not instantaneous for loading funds into the ewallet from your bank account, it takes quite a number of days for that, however, once it's done, the transfers into poker sites are pretty much instantaneous, and I'm assuming transfers back into the ewallet are also. Withdrawals from ePassPorte back into your bank account?? I don't know about that one yet, probably another big delay.

 
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