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Third-Party Payment Systems for Online Gambling

Online gambling can sometimes be a risky activity if you're not very careful about the kind of online casino you're dealing with. Just like all businesses, there are scammers, thieves and other criminal elements lurking around the world of online gambling, waiting to pounce on unwitting and gullible gamblers and rob them of their hard-earned money.

So how can you protect yourself against these unwanted personalities? One is to choose a safe, secure and reliable online casino. Another way is to use a third-party online payment system. These systems will transfer funds from your credit or bank account to your online account. You can then use your online account to pay for your online gambling activities. Most third-party online payment systems are very safe, and will protect your money from all forms of Internet theft and hacking.

The most popular online payment system is NETeller, a service that started operations in 1999 and is now one of the largest online fund transfer services on the Internet with over $7 billion in processed transactions in 2005 alone. NETeller is the online payment service of choice in many large online casinos. NETeller protects your funds using SSL (Secure Socket Layer) encryption, access codes, network security protection and firewalls. You can easily transfer funds to and from your credit and bank accounts.

Firepay is another popular online payment system offering free signup and no withdrawal fees. However, they charge a small fee to transfer funds to your Firepay account from your bank account. Firepay is very easy to use and your funds are transferred instantly.

Another well-known service is Ecash, one of the oldest online payment services. Ecash can transfer your funds not only from your credit card and bank account but also from money orders, certified checks, cashier checks and other online payments services such as NETeller, Firepay and Citadel.

Other reputable online payment systems are Citadel and Click 2 Pay. These services can also transfer funds from credit and bank accounts and offer the best possible data protection and security.

Signing up and using any of these online payment services will not only protect your money, they can also make deposits and withdrawals to and from your online casino account safer, easier and faster than by using a credit card. Be sure to have an account in at least one of these services before you sign up in an online casino, or else it will be just like exposing your money to thieves and scammers.