Online Casinos, Gambling, Poker and Sports Betting Magazine

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Payment processor used for online gambling "Instant eCheck" have been bouncing

8/6/2009
Instant eChecks offered from Full Tilt Poker, PokerStars, Absolute Poker and Ultimate Bet have been discontinued after attempts to cash cheques were met with non-sufficient funds notices.

The Attorney General’s Office in New York State has even stepped in to target this particular payment method as hundred of complaints have been made about the payment system. The Office has forced the closedown of the payment processor and it is also rumoured to have seized money from both PokerStars and Full Tilt Poker. The matter is believed to be federal rather than a state investigation. The United States Attorney’s Office for the Souther District of New York is notorious for its aggression when dealing with gambling operators.

Players are being advised to not attempt to cash any cheque received from any of these online poker rooms until a solution has been found as banks can even remove banking privileges to anyone trying to cash these cheques.

eCheck is another company of similar name but not associated with Instant eCheck. One spokesperson for eCheck said, “This is a customer service nightmare and is starting to cost us revenues and credibility.” To deal with the problem PokerStars has emailed all their customers telling them that Instant eCheck funds have been frozen however there are still other methods for the deposit and withdrawal of funds.

Danielle Almond
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