EntroPay a New Online Gambling Financial Service
Published: Tuesday, August 04, 2009 Online-Casinos.com
A unique new service in the finance department for online gambling customers is being offered by Entropay. It is just a little confusing sometimes trying to figure out which is the most convenient and least expensive way to handle payments when playing at your favourite online casino or poker room. Many online operations offer the usual payment methods such as credit cards like Mastercard or Visa while there are a host of other less traditional methods such as NET-Teller, Moneybookers, or now even PayPal.
Most companies will ensure the safety of your personal information and guarantee your transactions, although they each have different transfer fees and time lines for payment. Some are credit based yet others make the opening of an online account necessary.
The EntroPay Virtual Card is the first provider of a virtual prepaid card in Europe. The new service offers instant pay-outs to customers. It works well in many countries across borders, without any currency conversion issues. It does not charge transaction fees, apart from a $6 fee. An EntroPay Virtual Card may be used online wherever VISA is accepted. Customers can move funds from their EntroPay account into their personal bank accounts and then still have the ability to obtain an EntroPay debit card which then can be used at ATMs and many retail outlets. All this means that you can put money into a casino account without submitting any of your personal information, which makes this a secure option.
EntroPay is certified by the Financial Services Authority of the United Kingdom (FSA). Ixaris Systems Ltd. has been granted certification by the UK Financial Services Authority (FSA) as a small e-money issuer. FSA regulation means that EntroPay must comply with all the regulatory requirements.
Online casinos find that Entropay is beneficial for them as well. Head of Sales and Marketing at Cashcade, Ben Starr, said, "Previously we had to create several hundred payments per month, a process that was very time-consuming. It was also unpopular with some overseas-based affiliates that found receiving UK payments costly. EntroPay's virtual prepaid accounts will save us considerable resources whilst also allowing us to improve our affiliate satisfaction levels through a flexible global solution."
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