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Check Processing Troubles for Online Poker?
Many major online poker rooms that allow customers from the United States and a few sports betting operations that have high volume have been hit hard with payment issues after a check processing service closed their doors. The affect of the online poker industry was higher due to the high volume of customers they have.
Since many online gambling sites can't use the more reliable processing firms that are based in North America to due to legal issues, they are experiencing difficulties in trying to find a check processing company that can their high volume of transactions.
Some check processing companies have had trouble handling high volume establishments. Customers of some online gambling sites have reported that they had bounced checks after one processor apparently shut down. So now some are wondering how online poker rooms are supposed to continue servicing thier customers, particularly those from the US.
This is one opinion from a reader on the Two Plus Two poker forum,
"How can U.S. customers be having trouble with the Poker Sites themselves? They really do not. They have a problem with the "new 3rd party processors" The same processors that I listed and was subsequently banned for playing on a certain online poker site for posting the web addresses they use to process U.S. customers deposits via credit card or checking account.
"The U.S. government and U.S. Financial institutions both take the stance that they do not allow online gambling. Was I banned from playing on UB and my thread locked b/c I continued to pursue the payment processor angle? Is it because if the U.S. government was made aware of how these sites process EFT deposits from checking accounts or Credit Card deposits, then the sites would have to leave the U.S. market again, until they come up a new way to circumvent to Unlawful Internet Gambling Enforcement Act passed in 2006? I think ALL the sites have a similar interests in this perspective."
Published by Rebecca Rosales
Senior Editor




