Thursday, 25 March 2010 18:12

Moneybookers

MoneyBookers is registered with the Financial Services Authority in the United Kingdom.

MoneyBookers works on a model whereby if you have an e-mail address, you can send money, receive it, and transfer funds to and from your bank account. Purchases can also be made online through MoneyBookers, and the customers do not have to reveal the specifics of any credit card information. This facilitates a feeling of confidence and security on the part of the customer.

If you know the recipient's e-mail address,.you can send money. Imagine how easy it is to set up an online gaming account using MoneyBookers. And even though the peer-to-peer transactions have nothing to do with the business done between you and the online casino, it is good to know that once you have opened the account with MoneyBookers, you can do many more things with it.

Accounts can be funded through credit cards like Visa, MasterCard, American Express and Diners Club. Fees for sending money are low; they amount to 1% with a maximum of .50 Euros. There is no fee to receive money through the system. There is a complete list of methods to upload and withdraw funds - by country - available on the website. After the account is funded, it can then be applied to funding your casino account.

Customer support is available from MoneyBookers from Monday through Friday from 9 AM to 6 PM GMT. There is also a "Messaging Centre" through which customers can receive support they can submit through an e-mail form.

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UKash

UKash is an online transaction system that is based out of London and is operated by Smart Vouchers Ltd., a company that has been around since 2001. Initially available only in U.K., Ireland, Spain, and Germany, UKash is now available in many more countries, and continues to grow.

U.K.’s Financial Services Authority is the official organization that regulates the functioning of UKash as an ELectronic Money Institutions or ELMI. The model on which UKash works is slightly different from other online transaction methods. UKash works for both individuals as well as companies, also called merchants.

UKash requires that you use a 19 digit pin number to use the facility. It has also recently announced a joint partnership with Mastercard to allow users to preload the card using the nationwide network of payzone outlets.

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Click2Pay

Click2Pay has become a real favorite for those seeking a payment solution to open up an online gaming account.

Customers can begin the process of opening an account in minutes. All you have to do is enter your information, including the banking data that is necessary. There is a "call-back validation" that is conducted by the customer service team. Though it could slow down the process, it is nonetheless for your own protection; you have already registered using a phone number, and a representative gets back to you to verify the information you have registered with. If you are interested in high levels of security, this is a plus.

There is no need for you to directly fund your Click2Pay account, as might be the case with some of the other e-wallets. Your credit or debit card, which is connected to a bank, will be on file with Click2Pay, and you would simply enter the necessary information as to the card number and bank code. Payments will go right through as if you are paying by credit card or debit card, except the participating merchant does not have access to your information.

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Neteller

The company was established in 1999, which offers customers a sense of security in knowing there is experience and expertise behind the transaction process. And Neteller, a publicly-traded company on the London Stock Exchange, managed to move forward despite much adversity it has encountered.

Neteller is an online wallet and payment system that makes it easy to move money from one place to another. This service offers instant deposits and withdrawals, not to mention payments to merchants who are registered with Neteller. Online casinos are among those merchants, so there is a great deal of familiarity with that kind of transaction. If you lie within the area where Neteller is enabled to perform this service, then it is an online e-wallet that is well worth taking a look at.

It is free to start an account through Neteller, and it can be funded through Visa, debit cards, InstaCash, EFT, and bank deposits. Once the account is opened, the customer has very easy access to all account details. Generally if a deposit is made through Neteller, the withdrawal from the online casino can be received a lot faster.