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Payment Processor Issue

Online casino gamblers in the United States should heed a warning right now that the Instant eCheck payment processing company is experiencing problems with the US Attorney General’s office. The US has regulation in place intended to block offshore online casinos – this has actually been fairly poorly enforced over the past couple of years and US citizens continue to gamble and bet on a lot of popular US facing gambling sites such as PokerStars, Absolute Poker, Ultimate Bet, and Full Tilt Poker. The issue has come into play as some gamblers attempt to cash their checks with their withdrawn funds; many banks are denying the eChecks from this company and an additional few banks are even charging a fee to any gamblers attempting to cash this form of check.

For the moment there is no clear resolution to the problem except to note that all of the online casinos offering Instant eCheck also offer a variety of additional payment processing methods that should be considered. For those gamblers who have already requested the eCheck, GambleCraft recommends hanging onto the check until further information is released or asking the casino for an alternative form of payment.

At this point, there is no clear indication of why the US banks have blocked transactions with eCheck –although eCheck operates in large part for the online casino gambling industry there is speculation that this played a role in the recent troubles. There is every indication that a solution will be announced in the coming weeks if gamblers are just patient and do not over-react; all owed monies will be paid out.