That is a great service from those 2 banks, it really is.
tried that last year and neither santander nor natwest would play ball . "we can only block all online transactions" or something of that ilk . which was no use to me ( top up gas and electric and often do my shopping online ! ) .That is a great service from those 2 banks, it really is.
Hope the big 5 in the UK will follow their footsteps.
In Ireland you can actually call into your bank and block any gambling related transactions on your debit/credit card but I think there is a fee for that and it is not waterproof as you can still send money to your e-wallet from your current account and spend it on gambling that way.
But a good initiative from those 2 banks!
A great aid. Of course, there are always ways around it, but certainly a step in the right direction. If e-wallet companies can ally themselves to the cause it'll be pretty formidable
Funny how some customer feedback leads to banks responding in a positive, proactive manner. Customer asks, customer gets.....and it's obviously going to become fairly widespread.
So banks treat Responsible Gambling with more care and attention than casinos themselves, best part being they only care about providing a product. Doesn't say a lot for casinos' approach to it!
Quite laughable how obstructive casinos actually are in preventing aspects of RG, like setting deposit limits starting at minimum £100 per month. Or allowing a limit change that can be increased after 24 hours! Or closing accounts but only temporarily....and if permanent, they'll call you an out-of control degenerate
Over to you, banks
Any merchant is getting a code from Visa/MasterCard/Maestro when they apply to become a merchant which is then transmitted with every transaction. The code will identify them and block the transactions accordingly.It works like you'd auto-exclude from all the online casinos I guess. How do they know that it's a gambling transaction though? Some of them are well disguised.
I like this idea better than the softwares that block gambling websites (especially since you have to buy those softwares or worse, pay a monthly subscription). Simply block the money at the source.