Banks Allow Online Gambling
According to the report, five major companies are blocking online gambling deposits. Wells Fargo, Bank of America, American Express, Discover Financial Services, and Paypal were the companies named in the article. Bank of America is the second-largest bank in the United States and their policies currently ban online gambling transactions. In 2019 only one bank ICICI bank allowed punters to make a deposit at the casino but now in 2020 many Indian banks have joined the line. At the online casinos, all available deposit methods will also be shown to you when accessing the deposit page. The following banks allow you to make a deposit in INR at online casinos. This is because each bank determines whether they allow debit card online gambling, and some banks may automatically decline transactions flagged as being related to internet gambling. However, just because your card is rejected at a certain site doesn't mean it can't be used at all.
What is Discover card?
Prior to the World Wide Web, Discover credit card was launched by the now dissolved Sears Company in 1985. It immediately went global and was quickly acquired by Morgan Stanley. By the 90’s it was a favorite deposit method for gamblers. Discover Card online casinos were, at that time, very easy to find, but by the 2000’s this changed. Laws were passed that pretty much prohibited using Discover Card on gambling websites.
How to get a Discover Card
If you would like to make a real cash deposit with this method, you can go to the Discover website to apply for a card. Within a few days (if not a few hours), you will know whether or not you’ve been accepted.
Fees and Costs
When using Discover Card to make a real cash deposit, you may encounter small processing fees from the company and online casino. Discover Card may give you perks and rewards which can, overtime, make up for these small fees. As always, check with Discover as well as, the casino itself.
Who Should Use Discover Card?
If you do not have, or want to use, another banking method and have high deposit limits, you may be well suited to the using Discover Card. Because online casinos that accept Discover are so hard to come by, it’s not a very practical deposit option for any gambler.
“Discover Card may give you perks and rewards which can, overtime, make up for these small processing fees.”
Using Your Discover Card at Online Casinos
When you make a deposit at a Discover Card online casino, your information will be entered in the same way a Visa or MasterCard would be used. You will need to have already signed up for the casino account before processing the deposit. Should your card be declined, you may be asked to contact customer support to verify the reason before you can continue with another real cash deposit option. If the deposit goes through, your funds will be added within a few minutes.
Other Credit Card Options
As of 2020, we can tell you that Discover Card casino deposits tend to be available and then all of a sudden, unavailable for a while. After which casinos or Discover will reinstate this option. Currently, any recommended online casinos that accept Discover Card will be found on this page.
Other options to make a real cash deposit using a credit card include Visa, MasterCard and AMEX. Both former options are readily accepted on most casino networks. If credit cards are not ideal at all, several other deposit options have emerged which make adding cash to your casino account as easy as credit cards.
Make an online casino deposit using Discover Card
If you’re ready to make a real cash deposit with your Discover Card and enjoy all your favorite gambling games, take a look at our recommended sites. You will have little chances of encountering an issue regarding a Discover deposit at these online casinos. Moreover, these operators offer an outstanding casino experience, great bonuses and the best customer service.
To get started, choose a recommended Discover casino and sign up for your free account. Use your card to make a real cash deposit and collect a welcome bonus exclusive to this site. Good luck!
Frequently Asked Questions
Here you can find some of the answers to questions you might have about the Discover cards of payment.
What is Discover Card?
Discover Card is a credit card issued by a company in the US – it is the third biggest provider of credit cards there.
How does it work?
It is an independent credit card available through many banks in the US. You link it to your existing bank account and use it as any other credit card.
Do they allow online gambling transactions?
They still do and it used to be a very popular card with online gamblers. This has changed rapidly in the past 15 years as US regulations have tightened up on online gambling. If you are living in the US try to go for a different payment method, as gambling transactions from a Discover Card are often outright rejected by online casinos or even by the company itself.
How quick are payments?
If the payments go through, they will be instant and you can immediately start playing. However, Discover Cards are often declined by the casino or by the Discover company, and you will then have to contact your card service to fix the problem.
How do they compare with other methods?
Discover Card is a smooth-running, quick payment service with security so your money is safe with them. However, there aren’t many online casinos that accept them due to ever-tightening security, so do not choose this method unless you don’t have another choice, or you have already chosen your favorite online casinos and they accept Discover Card.
Do I have to pay fees?
There are some minimal transaction fees but they are often made up by the constant cash-back bonuses the card company offers. Before using the card online, you might want to research all its benefits and the offers available to you from Discover Card.
Is it safe to use?
Safety is not a concern with Discover Card – they are reliable and secure and will look after you and your money well.
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Three more UK high-street banks have announced plans to allow customers to control and block particular payments via mobile applications, following Barclays’ lead.
Lloyds, Santander, and RBS have approved proposals to develop payment-blocking functions that are set to affect transactions made in high street bookmakers and online betting sites and provide greater protections to those who have an issue with compulsive gambling.
The move comes after Barclays announced back in December a plan to integrate a ‘gambling block’ component across its customer-facing digital platforms.
The trio will update mobile banking apps in order to ensure customers are able to take control over when and where money can be spent.
RBS, which currently has approximately 30 million customers, announced that it would be implementing similar measures to those issued by Barclays late last year.
Barclays’ gambling-block feature allows customers to turn off engagements with all gambling-related properties, as well as blocking payments in four additional categories: food and drink; petrol stations; groceries and supermarkets; and premium websites and phone lines.
Do Banks Allow Online Gambling
Customers will also be able to implement controls that are specifically designed to limit withdrawals from ATMs, as well as credit card purchases both in-store and online. Santander and Lloyds are also due to implement similar controls for the 14 million and 22 million customers respectively.
A spokesman for Lloyds commented: “Throughout 2019 we will be enhancing our customer communications so customers are informed and alerted to their gambling spend, as well as introducing tools to improve self-service options such as gambling restrictions.
Do Banks Allow Online Gambling
“New card controls give customers more control over debit card transactions for extra peace of mind.”
Banks That Allow Online Gambling
Following Barclays’ announcement to develop blocking functions late last year, Marc Etches, chief executive of GambleAware, welcomed the initiative: “There are 340,000 problem gamblers in Britain and a further 1.7 million at risk, and initiatives like this can play an important role in helping to reduce gambling-related harms.
“There are no limits to stakes and prizes for online gambling, and credit cards are allowed so it is important to make it easier for people to control their spending.”
While the move comes as a positive step towards tackling compulsive behaviours, responsible gambling advocates are continuing to campaign for a significantly longer ‘cooling off’ period between deactivating a payment block and the ability to complete transactions.