Popular Online Casinos most recent news article named New Online Casinos Payment Service

 
 
23 January 2008

Home > Popular News > 2005 > September > 21 Sep 2005
As the online casinos industry continues to grow and gain more notoriety, it can be expected that the number of ways in which players will be able to deposit money at online casinos to wager with and collect money with will grow in number as well. Thus it was really not all that surprising this week when the newest online payment service, known as the PayTeller Online Money Transfer Service, was launched for the online gambling industry. There are many forms of online casinos payment which masquerade as all-purpose online payment options, and PayTeller seems to be focused primarily on the online casinos industry.

"We finally have a solution for the popular online casinos industry that makes sense. It's secure and reliable for online casinos users, and online poker sites or online casinos benefit from the low cost to recieve their funds. Neteller and other online money transfer services charge an average of 4% for processing and hold 5% for up to 6 months. The online gambling industry has had to put up with these high prices and restrictions due to U.S.-based credit cards not being able to be used for online casinos. As a result online gaming owners had no alternative but to pay high prices," says Jeffrey Bazan, one of the creators of PayTeller. "Not anymore."

Online casinos payment methods offer those who wish to play games at online casinos the option of playing such games with the simple click of a button making available for them funds to wager on games with. PayTeller is the newest of these online casinos payment options, and while the talk is big the company has yet to truly prove its worth to the online casinos industry and players as well. There are sure to be many more online casinos payment methods which will come about in the future, and players and online casinos should be wary of big claims before trust between the payment companies and the players and casinos are established.