Online Poker's 'PartyPoker' Dispenses With Transaction Fees

Published Thursday, August 06, 2015 - Online-Casinos.com
Online Poker's 'PartyPoker' Dispenses With Transaction Fees

The financial aspect of online gambling has been a gamble for players who look for convenient safe and economical ways of funding their activities. The USA banned online gambling by using money processing firms as the watch dogs. Mastercard Visa and Paypal were among those organizations that did not allow online gambling transactions to proceed in that country during the prohibition period.

Now a few years later the funds processing of online poker and gambling has become easier and more accepted in regulated areas of the country. The catch was that fees were applied by Mastercard Visa and Paypal for transactions related to online betting and poker.

Now according to a recent post PartyPoker, bwin.party’s  online poker product has announced that players withdrawing funds will no longer face processing fees charged by many fund processing firms. Director of games at Party Poker Golan Shaked, mentioned in his blog “When we started our ‘Poker for the People’ campaign, withdrawal fees and our loyalty store were the two hottest topics raised at our live player forums,” Shaked continued, “Our poker team has been working hard and we’re really pleased to have addressed these two issues, but there’s still work to be done. He added, “We want to be the online poker site that champions what players want and we’re up for the challenge of making our players’ experience the best it can be. We are now looking at ways to eliminate withdrawal fees from the small number of payment processors who currently charge a premium for their services.”

PartyPoker has also announced that paysafecard will replace Ukash following its takeover by Skrill as the online payment provider for the iconic poker brand. The chief executive of paysafecard, Udo Müller, stated, “The acquisition of Ukash has given us the opportunity to expand the choice for consumers wanting to make secure online payments.”

 

 

Related news

Return to Latest News