Wednesday, March 14, 2007

Online Gambling: EcoCard the Way to Go?

More debate on which is the best option for online withdrawals.

When it comes to online gambling withdrawals, EcoCard may be the answer, according to gamblers and operators who are having a positive experience with the this third party payment processor.

EcoCard Ltd is a European technology company focusing on alternative payment solutions and payment processing.

One of the hardest hit online gambling companies in terms of sending out payments to customers has been the Prima Poker Network, part of the MicroGaming outfit. This firm has addressed the issue somewhat by offering EcoCard as a viable option for US customers, and it seems to be working.

Using the service does come with a price as one poster explains on the popular TwoPlusTwo.com posting forum:
"Myself and many others have used this (EcoCard) for a cashout. It is worse than it sounds. They charge 10, then if you cashout to the US an intermediary bank charges 15, then your bank will probably charge a wire fee as well. My cashout took a little more than a week and about two weeks from request from prima to bank account. However they do pay and it is not a bad service...Actually it is probably the best service still around."

Another poster writes:
"I just recieved funds from ecocard. It took about 5 days to go from Prima site to ecocard and another 5 days from ecocard to my bank. The cost was $10 USD for each step (-$20) total. Kind of high in my oppinion .. but at least I recieved my funds."

Gambling911.com

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