1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

Mastercard/Visa -- huge seizure

Discussion in 'America the Beautiful' started by maxd, Feb 2, 2010.

    Feb 2, 2010
  1. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    Little birdy told me this morning that Mastercard and Visa have done a huge seizure industry wide. Apparently this is pretty wide-sweeping and directly affects operator accounts for the month of January.

    Anyone got further news on this? Post here!
     
    12 people like this.
  2. Feb 2, 2010
  3. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    Yep, I got this yesterday...what type of "seizure" Max, card seizure, money seizure, etc.?

    ____
    ____
     
  4. Feb 2, 2010
  5. BIGZEDBUD

    BIGZEDBUD Experienced Member

    Occupation:
    senior buyer
    Location:
    Under a bridge
    Yep, I have gotten numerous faults ( some go through as prepayments ) from a bunch of casinos that I use my Mastercard to fund. Its been happening since last Friday.
     
  6. Feb 2, 2010
  7. winbig

    winbig Keep winning this amount. webby PABnononaccred

    Occupation:
    Bum
    Location:
    Pennsylvania
    I used my Visa debit (guess which one?) card early this morning without a hitch...one at MGS and one at 3Dice..
     
  8. Feb 2, 2010
  9. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    Your "WP" Visa?
    ____
    ____
     
  10. Feb 2, 2010
  11. casinojack

    casinojack Dormant account

    Occupation:
    SALES !!
    Location:
    Costa Rica
    Max

    In January , both Visa and MC did a HUGE change in the processing, but more regarding the "free trial" offers, also known as continuity offers. Could this be where this source was from ?
     
  12. Feb 2, 2010
  13. WagerWitch

    WagerWitch Dormant account webmeister

    Occupation:
    Yeah - like - really? Hmmm do I have to work?
    Location:
    Alaska
    OK - so WHAT exactly does this mean?
     
  14. Feb 2, 2010
  15. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    Good question ... hence my question. :D

    My understanding was that it may have involved operator asset seizure, at least insofar as funds being held by the payment processors. My concern was that this might mean a ripple through the system where players end up being slow-payed, or worse.

    FWIW, another source has offered this, sounds related (?):
     
  16. Feb 2, 2010
  17. jas2587

    jas2587 Ueber Meister

    Occupation:
    none
    Location:
    FL
    just recieved this don't know if it pertains to the thread:

    From: "Vegas 7 Casino" <email@hos.cccampaigns.net>
    Subject: Important communication from Vegas 7 Casino
    0 Forwarded Message(s)
    0 Attachment(s)/Image(s)

    Dear ,

    Due to the nature of our business and considering the current state
    of the online gaming environment in the US, Mastercard has imposed
    restrictions on purchases intended to fund online gaming activities.

    As a result no Mastercard purchases would be accepted.

    Should you decide to fund your casino account using a credit card,
    we advise that you consider using Visa instead of Mastercard.

    However, if you reach your Visa Card transaction limits,
    we strongly suggest using our Instant Credit Card service which will
    allow you to make more deposits.

    How To Use Our Instant Credit Card Service?:

    To start using our Instant Credit Card Service simply
    visit the banking section of the casino software where you
    will find the "Instant Credit Card" link. Click on this link
    and follow the instructions as they appear on the screen
    to start making Instant Credit Card deposits.

    All transactions are highly secure and every deposit
    is usually instant after every transaction confirmation!

    We apologize in advance for the inconvenience these
    limitations may impose and wish you happy further gaming.

    If you require further information or advice on the above
    information, please feel free to contact our friendly support team.

    Kind Regards,
    The Vegas 7 Casino Team
    ============================
    E-mail: This email is not visible to you.
    ============================
    Toll free numbers:
    Australia 1800 008 546
    Canada 1866 309 1713
    France 0800 903 828
    Greece 00800 4413 1477
    Hong Kong 800 968 599
    Germany 0800 181 3672
    Israel 800 9204 041
    Italy 800 786 603
    Japan 00531 78 0173
    S.Africa 0800 990 511
    Portugal 800 880 446
    Spain 900 997 112
    Turkey 00800 446 32131
    UK 0800 056 7595
    USA 1866 705 5608





    Cindy
     
    5 people like this.
  18. Feb 2, 2010
  19. silcnlayc

    silcnlayc Just one more spin pleez! CAG MM PABnonaccred PABaccred

    Occupation:
    IT Director of Operations
    Location:
    Left Hungary
    Same here from Grand Hotel Casino

     
    2 people like this.
  20. Feb 2, 2010
  21. wangpoker

    wangpoker Experienced Member PABnononaccred2 webmeister

    Occupation:
    affiliate marketing
    Location:
    Ontario/Canada
    It's never been an issue for me. As a Canadian, I've never been able to deposit into online casinos via MasterCard.
     
  22. Feb 3, 2010
  23. Nifty29

    Nifty29 Dormant account

    Occupation:
    PAID CASINO SHILL
    Location:
    Turn right, then right. then right again
    I am unable to use my MC at any casino this week.

    Seems a bit steep if MC can refuse to pass on the funds to operators that have already been accepted by those operators - fair enough if they say 'from now on, no funds will be forwarded that are linked to gambling' but making it retrospective stinks - and will certainly have a ripple effect possible for all players.
     
  24. Feb 3, 2010
  25. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    I'm hearing 'all January receipts seized' so it does indeed sound like they're being retroactive about it. That's got to hurt! :eek2:
     
  26. Feb 3, 2010
  27. me_and_ed

    me_and_ed Ueber Meister CAG MM

    Occupation:
    Selling out
    Location:
    Vancouver
    Being a Canadian our main prepay card is from MoneyMart, they have just started their changes from M/C to Visa, they swapped my card out last week, not sure why they did this but may have some correlation.
     
  28. Feb 3, 2010
  29. Westland Bowl

    Westland Bowl Tin Foil Hat Club Member CAG PABnonaccred

    Occupation:
    not applicable
    Location:
    America
    Let me get this straight: Mastercard is "seizing" funds that were used for depositing in online casinos? What, does this mean they reverse the transactions in effect resulting in a backdoor chargeback? If that is the case, then the players wouldn't be out of the money but the casinos would. Further the case, then I guess the casinos would then take that much out of the player's balance provided the player didn't already lose it all.

    Thankfully I never used Mastercard for depositing into online casinos.

    So Mastercard is doing this even in countries that allow online gambling?
     
  30. Feb 3, 2010
  31. Pinababy69

    Pinababy69 RIP Lisa

    Occupation:
    Crusader
    Location:
    Toronto, Ontario - Canada
    Really me_and_ed? That is the card I use as well, the Titanium Plus prepaid MC. So how do I go about changing then? I haven't used my card in over a week, so have no idea if it's working or not working or what. Do I go into MoneyMart and ask for a new card? You can PM me if you want, but it would be great to know more details. Thanks. :)
     
  32. Feb 3, 2010
  33. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    This could cause them serious legal problems. The intent is probably aimed at those processors that deliberately disguised gambling transactions as something else. There should have been no need for this in countries where online gambling was legal, but casinos will STILL be affected if they used such trickery even though they didn't have to.

    Taken from Max earlier:-

    This looks like gambling transactions that were put through as gambling transactions (merchant code 7995) should be honoured.
    Gambling transactions put through with other codes to hide their nature are probably the ones being investigated, and merchant funds seized. I would expect these processors will also have their Mastercard facility removed.

    US players are likely to be most affected, and it WILL result in "chargeback" conditions for the processors, who will then seek to pass this on to the casinos.

    The net effect might force a few casinos to quit the US market, which is just what the US authorities want. UIGEA was designed to disrupt the transactions, and this is EXACTLY what will result from this latest Mastercard action.

    Casinos MAY react by blaming the PLAYERS for this, and placing them on a chargeback blacklist, even though it was the CASINO trying to get around Mastercard restrictions in order to keep accepting deposits from players. Players may then find themselves having to fight to clear their names from the smear that THEY initiated chargebacks to get out of bets that went sour. It has happened like this before, with PLAYERS taking the blame for a decision by their BANK to retrospectively retrieve transactions once they became aware they were related to gambling.
     
    3 people like this.
  34. Feb 3, 2010
  35. me_and_ed

    me_and_ed Ueber Meister CAG MM

    Occupation:
    Selling out
    Location:
    Vancouver
    Hi Pina,
    They just swapped mine for free, same thing Titanium + Visa, same loads, same support numbers, everything, just Visa. I went in one day and she told me, I didnt have to fill anything extra out, she just swapped it all, got a temp card and a new one came in a week, works great, dunno but maybe the casino's can w/d to the card and we will be able to go to the ATM and take it out, I will let you know, that is if I ever win again, its been a while:mad:
     
    1 person likes this.
  36. Feb 3, 2010
  37. Pinababy69

    Pinababy69 RIP Lisa

    Occupation:
    Crusader
    Location:
    Toronto, Ontario - Canada
    Well...cool beans to that then. :thumbsup:

    I have to go into Moneymart in the next couple of days, so I will ask about it. And I think you're right....we may now be able to get any withdrawals loaded direct back to the card, which would be freaking awesome!!

    Hear ya on the luck....ditto here. But hey, it's gotta change eventually.
     
  38. Feb 3, 2010
  39. bonustreak

    bonustreak Senior Member webmeister

    Occupation:
    webmaster
    Location:
    Home Office
    Always seems to be something going on with MC bunch of damn clowns! So in the meantime play with your Netspend it is Visa and works wonders :)
     

Share This Page