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Online Casino Conditions >>> Betting News >>> July '07 News


Online Casino Deposit Method, EcoCard, has Another Alternative

by Sheri Smith, News Staff
Writer      Bookmark with del.icio.us
July 13, 2007
 

It had a good run. Online casino eWallet, EcoCard, which apparently became the alternative of the alternative depositing and withdrawing method, Neteller, is rumored to be leaving the U.S. market, thus giving online casinos yet another obstacle to get around in the are of payment processing...well, sort of. The rumor had been in the air for several weeks, and was recently confirmed by a trustworthy source - the Jackpot Factory, who made it a point to clarify EcoCard's status.

A spokesperson for Jackpot Factory said they have been informed by EcoCard that company will be leaving the market, but will be replacing their online depositing service with yet another. So, to quench the rumors that another Neteller crisis was on the industry's hands, EcoCard is reassuring online casino operators that the new service will be transferring existing U.S. customers. However, only those who apparently have more than $500 in their current account will be invited to transfer.

Whether this means that new accounts cannot be opened with the yet-to-be announced payment service, remains to be seen. EcoCard is holding back on divulging any more information at the present moment, but promises to do so very soon. Informing Jackpot Factory and other online casinos about their intentions was the first step in helping put rumors to rest and prepare bettors for the near future.

As for Jackpot Factory, who operates several well known gaming sites like All Slots Casino and All Jackpots, business is going on as usual. There has been no formal announcement of any kind that EcoCard will be no more for U.S. players, while on their website's banking page, EcoCard is still listed as the first, preferred deposit method for players, including those based in the U.S.

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