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I think this is going to catch on.
Offshore books that intend to continue doing business with U.S. clients are desperately trying to come up with ways to accept deposits now that all banks, Neteller and most others are barred by law from sending to gambling sites.
A few of them have just started accepting "Visa gift cards." These are cards that are purchased in advance from the issuing card company by a third party vendor. The books are setting up an offshore processor to accept the gift cards!
This takes the credit card companies out of the loop. The only transaction involving them was the initial purchase of the card. The actual transfer of money to the books is done by the processor owned by the books. Ingenious.
You can see more at www.allaccessgift.com or any other site that sells gift cards.
Offshore books that intend to continue doing business with U.S. clients are desperately trying to come up with ways to accept deposits now that all banks, Neteller and most others are barred by law from sending to gambling sites.
A few of them have just started accepting "Visa gift cards." These are cards that are purchased in advance from the issuing card company by a third party vendor. The books are setting up an offshore processor to accept the gift cards!
This takes the credit card companies out of the loop. The only transaction involving them was the initial purchase of the card. The actual transfer of money to the books is done by the processor owned by the books. Ingenious.
You can see more at www.allaccessgift.com or any other site that sells gift cards.
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