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05 March 2012
Earlier, online casino players use to choose the payment options based on the positive and negative aspects of the systems as well as according to their need and convenience. However, now days a number of banking service are collaborating with each other, so that they can eradicate the negative aspect or the limitation of any payment options and offer huge benefits to all the online players. In this article, we have discussed about the various latest trends offered by online casino banking systems.
Earlier when online casinos were first introduced, payments were done online via credit cards then after sometime concept of electronic wallets came into picture. So all those player who were not comfortable credit card details to server then started making use of electronic wallets for making deposits in their online casino account, but still for adding money in these electronic wallets, they need to use credit cards. Still the benefit is that players need to disclose their credit card details only in front of one server and not all over the internet. Then after sometime with the introduction of prepaid electronic options the need for the use of credit cards was eliminated. In the recent times, Neteller is the most popular electronic wallet readily use din online gaming industry. The well-known provider of these prepaid vouchers is Ukash. Actually, Ukash and Neteller has signed an agreement as per which Neteller users can load their electronic wallets via Ukash vouchers.
Now the question that arises in the mind of most of the people is that why to follow this complicated roulette when you can simply make deposit in your online casinos using the popular prepaid options such as Ukash. Some meaningful and valid reasons for this is that prepaid vouchers are be used only once and need to be used in their original entirety. For instance, if a player is having voucher worth $100, then he cannot make the deposit of $20 in five different casinos. But he/she can deposit money in their electronic wallet by using the voucher worth $100 and then can fund as many online casinos as they want and at any manner they find it convenient.
In recent times, prepaid electronic options such as Ukash can be used for funding your MasterCard cards. This process is known as MasterCard re Power and this enable player to make deposit in their Maestro prepaid cards as well as in MasterCard credit cards at any of the Ukash sale locations. As these Ukash vouchers can be purchased by making cash payments so the payment of master card is done via cash. This process completely eradicates the need for commercial banking network, especially for those people you cannot use them or do not want to use them. Neteller and MasterCard are tied up with a unique payments solution such as the Net+ Virtual Prepaid MasterCard.
The example mentioned in this article is giving a good illustration about the way, with which two varying solutions get combined for giving us massive advantage. In other kind of collaboration, we are available with similar solutions for getting advantages. Some of the leading international wallet providers have provided EOS (Economies of Scale) advantages and easy access to essential finances for development process. On the other hand, small and local payment solutions providers have been belonged to the same community. Hence, they are capable of raising high trust from their local customers. Therefore, one of the leading international payment solutions providers, Moneybookers has teamed u with many local operators across the world. Moneybookers has teamed with Nordea in Finland and mBank in Poland and so on.
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