 |  Pay Teller is newest online casinos payment provider
21 Sep 2005
With the advent of the online casinos industry, online payment companies – usually for book stores, donations, or other online businesses – were forced to deal with the fact that online casinos would want to use their services in order to help people deposit money to wager with at online casinos. In some countries, it was considered by the government to be illegal to use a credit card to gamble at an online casino, and this is still the case today and because of this online payment businesses can do quite well because when you deposit money at a secure, online payment or holding company credit card companies or your bank are not necessarily able to tell what you are going to use the funds for (even if they can take a pretty good guess).
Pay Teller is one of the newest online casinos payment options on the internet that while stating publicly that they offer services to “online merchants” it is no stretch of the imagination to assume that when they say “online merchants” they do so simply to keep their backs free from pressure from attorneys in the United States arguing on behalf of the government’s position – even though specific federal laws are absent – that online casinos operations are illegal and that online gambling is itself an immoral practice dedicated to stealing citizens’ dollars rather than simply dedicated to providing a form of entertainment where people willingly part with their money.
It is probably too early to tell if Pay Teller will be able to compete with more established online payment options like 900Pay, Net Teller or Fire Pay, but given that online casinos are doing brisk business despite efforts of national governments to bring them down or limit their nationals’ access to online gambling websites and more conventional payment options the success of Pay Teller will probably be more than expected and welcomed. The real test will be if the new online payment system for online casinos offered by Pay Teller will be able to compete with the aforementioned online casinos payment houses which have been established for quite some time now, and if Pay Teller too will be one day granted the distinction of having an online casinos deposit bonus named after it. Only time will tell. |
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