SBC News Voice of the Sports Betting Industry
EBay owned payment processing operator PayPal is considering allowing customer transactions in US state licensed igaming territories.
The news that PayPal the world largest payment processor could allow payment transactions for US igaming customers was brought to light by Poker news website – Onlinepokerreport.com.
“Sources tell OPR that PayPal will start processing regulated US online #gambling payments in coming months,” OPR tweeted. “Handful of operators to start.”
The news of PayPal allowing US transactions will come as good news to state licensed igaming operators, who have been frustrated at the lack of third party payment providers willing to take transactions
At present, Skrill (formaly known as “Moneybookers”) is the top payment processor in the state of New Jersey. Neteller is the web wallet of choise for Nevada and Delaware.
