πŸ”₯ Gambling on credit cards to be banned - BBC News

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In the world of online gambling, credit cards are one of the most popular forms of payment, and they are accepted at nearly every online gambling site around.


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Instead of accepting payment for sites to make our list or picking them randomly out of a hat, we put each of the potential gambling sites that accept credit cards.


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The ban on the use of credit cards to pay for bets has been welcomed because online gambling has increased during the coronavirus.


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Read on as we take a closer look at the newly-introduced ban on credit card payments and assess how it will affect betting websites in the UK.


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In the world of online gambling, credit cards are one of the most popular forms of payment, and they are accepted at nearly every online gambling site around.


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Find out if you should use credit cards for gambling transactions and According to the MAS Remote Gambling Act (RGA), placing bets through online There are fee-free ways to pay for your wagers, such as debit cards or.


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Read on as we take a closer look at the newly-introduced ban on credit card payments and assess how it will affect betting websites in the UK.


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The consultation that led to the commission's decision included e-wallets, indicating that payment services such as PayPal will probably be.


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You can make an online casino credit card deposit right now and pay it next month. Online payments simply require the information displayed on the card and​.


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The ban on the use of credit cards to pay for bets has been welcomed because online gambling has increased during the coronavirus.


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It is the latest in a series of legislative changes to be introduced that are designed to ensure that the UK gambling industry is seen to operate in a fair manner. For the people who sadly struggle with addiction, the new rules will clearly put much-needed barriers in their way with regards to placing bets online. Businesses fail if the owner has too much self-belief. With all online gambling operators also needing to sign-up to the GamStop self-exclusion scheme by the end of March , the industry appears to be well on its way to tackling problem gambling. Punters can still bet with payment methods like Boku and many others that are easy-to-access, providing the funds do not come from a credit card. Most betting websites in the UK will continue as normal, with gambling firms still able to offer many other popular payment methods to their customers. Business Matters. Okay, thank you.{/INSERTKEYS}{/PARAGRAPH} {PARAGRAPH}{INSERTKEYS}The ban, which will come into force on April 14, is being implemented to provide an additional level of protection to vulnerable people. Top services for students. Charity groups such as Citizens Advice, GamCare and GambleAware have all called for the gambling industry to do much more to tackle betting addiction. Studies have shown that , consumers in the UK used a credit card for gambling during , with almost a quarter of those classed as problem gamblers, highlighting why the UKGC has introduced the new rule. Research by the Royal College of Psychiatrists says that gambling is a problem for approximately one percent of the population in the UK. Realistically speaking, the new legislation should certainly go a long way to addressing the issue of problem gambling. While this is a relatively small amount in the grand scheme of things, it is a figure that many organisations have expressed a desire to see reduced even further. Read on as we take a closer look at the newly-introduced ban on credit card payments and assess how it will affect betting websites in the UK over the next few years.