Subscribe via:RSS EMAIL

Paypal Bingo

Posted on February 8th, 2009

Bingo is incredibly popular in the UK. Bingo now rivals poker in popularity in England and millions of Britons play internet bingo regularly. During the recent snowstorm of historic proportions many snowbound punters coped with the inconveniences caused by the storm by playing a game of internet bingo from the warmth and comfort of their own homes. Many online payment providers reported a surge in bingo transactions during the storm.

Unlike the United States which is subject to regulations that prohibit online payment providers from processing transactions related to ‘gambling’ UK residents have a wide variety of payment options to choose from when playing internet bingo.

Paypal, one of the largest online payment providers is inviting UK internet bingo players to use their service to process internet bingo payments. The Paypal bingo site lists several internet bingo sites that have partnered with Paypal to provide services for internet bingo players. Paypal does not require internet bingo players to reveal personal or credit information thus reducing the chances of fraud and identity theft. Internet bingo players using Paypal need only reveal credit card information to Paypal reducing the number of people with access to the information.

Paypal may be used for almost any kind of online transaction and has the reputation of being safe and secure. Paypal internet bingo even offers incentives to players including free game cards and a percentage added to deposits. Paypal also offers a generous cash back program and 24/7 assistance.

A few years ago the US government clamped down on online payment services like PayPal and Neteller. The US government even went so far as to arrest two Neteller executives who had the misfortune of changing planes in the US. The executives settled with the US government and paid millions in fines and penalties for actions that are perfectly legal in the jurisdiction where they reside. Many in the gaming industry consider the fines and penalties as little more than extortion. After incidents like these PayPal wisely withdrew from the American online gaming market. It should be noted that PayPal can be used for most transactions not related to gaming.

For American internet bingo players the loss of Neteller and PayPal was a real inconvenience. Internet bingo websites had targeted the US market by offering bigger bingo bonuses and huge bingo jackpots. American bingo fans quickly found other ways to transfer funds and took advantage of free bingo bonuses and other perks offered to players.

Play a great game of online bingo now! Play a wide variety of bingo games online.
Copyright © 2008-2009 Bingo Internet is part of Overture Interactive and brings you online bingo news.

Articles

New UK Bingo Market Report Published

Posted on 21 September 2009 · Edit

Market research agency Mintel recently released a report on the UK bingo market. The report titled “Bingo UK April 2009” analyzes such issues as the effect the smoking ban has had on bingo in the UK. Other topics covered are the effects of the current recession and global credit crunch and the effect they have [...]

Free Internet Bingo

Facebook Bingo a Big Hit

Internet bingo is incredibly popular throughout the world. Internet bingo originally began in the late 1990’s and swiftly grew in popularity. In the UK internet bingo is the most popular form of online gambling and in the US, despite its illegality, millions play internet bingo. In recent years the rise of social networking websites such [...]

Internet Bingo

Riches to Rags and Vice Versa

Recent bingo news from the UK contains two stories; one an incredible tale of woe and the other an astounding run of good luck. A big win is probably every bingo player’s dream and sometimes dreams do come true. A bingo player from Yorkshire won an astounding L50,000 ($82,826 USD) bingo jackpot about a year [...]

Internet Bingo Game

Connecticut Taking a Closer Look at Charitable Bingo

The use of bingo for charitable purposes has been well established for decades in the US and the UK. Internet bingo websites often have games to benefit various charities. Probably the most famous example of this was the charitable games held by Kezia Obama the mother of the US president. Mrs. Obama’s games benefited the [...]

Play Internet Bingo

Recession? What Recession?

It goes without saying that we are in the midst of the worst recession since the great depression of the 1930’s and millions around the globe have suddenly found themselves unemployed. Since the beginning of the recession in the fall of 2008 monthly job losses in the US have averaged about 200,000 per month. The [...]