| Top > News > 2006 > July > 26 Jul 2006 |
Yahoo Shuts Down Online Casino Banking System PayDirect |
| Various online casino payment methods are available nowadays to the online casino players. All those methods give gamblers the opportunity safely to place net deposits on the online casino games. Some of the most trusted names in the business have been examining the online casino sites and making online deposits easier to supervise. The business of online casino payment underwent some changes and some of the companies have closed in the process. Recently, Yahoo ended the PayDirect services, which is an online banking service system, started by Yahoo in 2000 as a payment system for its online auctions clients. The company bought out payment technology supplier Arthas months earlier as a move into the online casino payments industry. But more recently Yahoo has backed away from parts of its online casino and auctions business. Yahoo is now focusing its United States-based auction site which accepts PayPal payments. PayDirect also went through a number of changes: it was free at first, then demanded user fees in 2001, and lastly reverting back to a free service in 2002. The PayDirect service has shut down and no new accounts could be opened. However there are many different online payment companies, so the loss of one will not affect involve the online casino industry. There are plenty of great online casino banking services that work with online casinos and supply a safe and secure system when it comes to placing casino deposits online. |
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