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Originally Posted by Head Boy
Neteller and Money Bookers are still used to fund gambling, and they accept cc loading.
They just don't do it for US residents.
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Agreed.They did for me in Canada too.(I think they just stopped)
However , US business accounted for the major part of the business.
Follow the money...check netteller on the LSE , it collapsed as a result of the ridiculous law the US passed
And as a result of certain arrests of , not gamblers , but those that facilitate gaming through payment systems.
I believe eppasporte was part of paycom. But when the founders parted ways Mallick took epassporte in exchange for his peice of Paycom.
He did not do that because of the potential for adult business etc etc.He did that for one reason and one reason alone. PartyGaming.
Check Party gaming etc....servers now in Guernsey I believe and governed by the Gaming board of Alderney. LOL Give them their due , they are fighting.
Again I think the US law is crass and pathetic , and it should not affect the net in general. But it does.
Check the stock prices of related corps like netteller on the LSE.(crash)
Investors on exchanges usually have a pretty good idea of the state of a business niche.
Epassporte is in no different position. Netteller was not owned in the US...I do not believe (its listed on the LSE for a reason for example)...
I mean they arrested founders of the company who had not had any involvement in the company for some considerable time.
Again I'm not saying its right.
Its what it is.
And the US gov't as a result of lobbyists have tried to protect there paymasters in the industries of gaming and pharma.