ONLINE BINGO SITES SIGN UP WITH PAYPAL
24 July 2009
eCash processor expands further in European
gambling
Despite it's high profile disdain for online gambling
business in the United States, e-cash processor PayPal
appears to have no such reservations in the E uropean
market, where it continues to sign up top gambling
groups for its services.
The latest company to
offer PayPal facilities is GTech G2 which says that the
agreement will enable its UK bingo partners to offer
their players the ability to transfer funds quickly and
cost effectively online.
The first partner to
offer PayPal to its UK customers is ChitChat Bingo,
while other G2 UK-facing partner sites such as
Littlewoods, Yahoo, Ann Summers, BingoJoy, InterBingo
and MetroBingo go live next (August) month.
Johan
Berg, COO of GTech G2 commented: “We are very excited
about being able to offer our UK bingo partners the
comfort, ease and security that comes with using the
PayPal service. This is a great opportunity for us as
our worldwide lottery and gaming industry expertise is
now coupled with the world’s leading e-wallet solution
in PayPal."
PayPal is a well known e-wallet
solution for the UK and is used primarily to facilitate
buying and selling on the online auction site eBay. The
service has over 23 million user accounts in the UK,
which represents two out of three online shoppers. Users
can pay with PayPal on over 165 000 merchant websites
across Britain and the rest of Europe.
Other blue
chip gambling companies using the service include Paddy
Power, Betfair and 32Red (see previous InfoPowa
reports.)
Online Casino News Courtesy of
Infopowa
More news here.
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