EBay Refused PayPal Gambling

Nowadays, most of  gaming firms have decided to promote PayPal as being  an alternative to credit cards.  Even many people said that none of other payment solutions have as much exposure orusage as PayPal does.

PayPal and eBayare included  in a list of payment companies and also have decided to get out of the gambling business. money

People were in contact with the increasing credit card rejection rate, which is considered as being  the most important issue that affect the growth of the gaming industry. To survive,  gambling sites should find new transaction methods. But the most important thing is that gambling sites pay people through debit cards.

The online payments company was asked  about online gambling transactions saing that  in a filing with the Securities and Exchange Commission. The attorney general has not filed some legal actions against PayPal, but the subpoena  who asked it will try t find  if New York should take action against the company.

The company said: “PayPal intends to cooperate fully with the attorney general in this matter”.

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This entry was posted on Saturday, March 21st, 2009 at 3:59 pm and is filed under Gambling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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