Gambling Credit Cards banned in UK

In the UK, credit cards can no longer be used for betting. The government took this measure to protect gamblers suffering from malicious results from their betting.

This new ban will come into effect on April 14, 2020 and apply to all Internet and offline gambling products.

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Overview of changes

• In the UK (UK), credit cards can no longer be applied to Internet gambling games.
• This change is related to the UK only and has no effect on all other states.
• In fact, it seems that the cyber wallet is still required to prevent credit card gambling, but there are no basis or descriptions on this prelude so far.
• This setting applies from the power of April 14, 2020.

Note that these settings can affect any of our buyers or partners. If you have any questions, please contact us.

Who will be affected by this change ?

In the UK, gambling with credit cards is shortly prohibited. This affects only the British people. This ban applies to all the Internet and offline gambling products. We hope that this change is still complemented by credit card support.

If you live in other countries, please be assured. If there is any change in your state in the future, we will inform you again.

REOP has revealed that this change applies only to actual credit cards and does not apply to debit cards or prepaid cards.

What exactly is meant by Gambling Credit Card?

As already mentioned, this change does not affect other cards such as debit cards or prepaid cards. Here is a short educational program that explains the difference between all cards and its purpose:

• Credit cards (only affected): Credit cards can make a loan without interest if you pay in a timely manner. The concept of applying a credit card is that if you use your own card, the issuing bank will pay to the merchant on behalf of you, and you will be borrowed.
• Purchase card: The purchase card is a payment card that is first loaded by you or someone, such as a Skrill card or Netteller card. These cards are issued by banks or no n-bank institutions. You can apply these cards by applying these cards in a way that can be used with prepaid cards.
• Debit card: Debit card is a payment card linked to a bank account. The debit card will mechanically withdrawn funds from the bank account linked to it, connect the ATM function, and check itself. If you pay with a debit card, your account will be deducted immediately. If you have a debit card, you will be able to access dedicated to personal accounts and funds, so there will be no loan or repayment. In order to approve some operations (including repayment), you must attach a personal identification number (PIN). Almost all banks have issued ATM/ debit card integrated cards. In other words, if you have a debit card support, you can use the funds available in the bank account.

What does this mean for eWallets?

In the United Kingdom, the opportunity to replenish funds to accounts with credit card support is not allowed as an account replenishment method for gambling in an electric wallet.

For buyers from other states, there is no rea l-time change in real time, but we will inform you of the announcement for this topic.

Changes for PayPal in Germany?

Gambling credit card business is considered to be one of the huge and highly profitable markets for many payment providers and bookmakers. So far, Payment Providers have not been responsible for the payment disposal test.

As is known, the ULM Metropolis (Germany) district court in December fulfilled this debt to make sure that PayPal is really allowed by law to use online gambling proposals. Since not, the PayPal-payment provider has decided to pay for German players. No decision has not been declared yet, but if the court determines that PayPal is really responsible, the results may provide some configurations in Germany.

Please contact us if you have any help questions about this topic.

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