Question about Paypal and Others

[DraftDaily]

Ok so I'm getting the last items done to launch my site before baseball season. Currently I only have paypal as a payment option, credit cards are also processed with paypal.

So my question is what other trust worth alternatives should I add?

I've been looking at NetTeller any thoughts on them? How about skrill?

I also want to lower my costs for taking deposits and sending withdraw requests to hopefully lower my rake latter on.

[universal4]

If you are dealing with US visitors and gambling content, you might want to rethink using them (PP) as they have taken really strong stances against their use when concerning US residents.

Rick
Universal4

[PROFRBcom]

Western Union and Money Gram are popular options for US players, but it may be a hassle to set up...

All the offshore sites use processors in the Philippines, Costa Rica, etc Not entirely sure how that'd work for something that is supposedly 100% legal in the states (fantasy sports).


I also concur with Rick... Paypal is squirrelly about gambling transactions, so beware.

[TheGooner]

Paypal is absolutely fine for fantasy sports - for whatever convoluted reason they are not tarred with the "gambling" bogey in the US.
Horses and Fantasy Sports have somehow lobbied themselves into a protected position.

It's not as if Fantasy Sports is a new concept so I'd simply go to the market leaders and check out their payment options. As I understand it FanDuel is pretty big with a lot of very public advertising ... taking a look at the front page of their site I see their payment options standing out there on the right hand side ( see https://www.fanduel.com/ )

Follow their lead and you'll be in a good position IMO.

[universal4]

Here is Paypal terms concerning gambling
https://www.paypal.com/my/webapps/he...56023&rankId=1

Here is what they have to say about skill games
https://www.paypal.com/my/webapps/he...27385&rankId=2

They do not specifically single out fantasy sports so you might be ok, but on the skill gaming faq page they state:

PayPal reserves the right, at its sole discretion, to approve or decline merchants based upon their business model and the supporting information provided by the merchant.

Rick
Universal4

[DraftDaily]

Thanks guys, I always planned to keep using paypal,All the big name sites are using paypal. and yes it is 100% legal in 45 states in the US. But I was told I would need a gaming license to allow European players

But i was thinking more on who to add. I noticed Neteller was advertising they work with a lot of gaming sites. So my thought was if affiliates are already using Neteller it would be a good processor to add but I've never delt with them.

[universal4]

I would ask PP about it before you put a lot of effort in to building out a payment method that could be squashed if PP suddenly decided it was not compliant.

If the UK/Europe thinks you need a gaming license, then it appears they may be considering it gambling and if so PP might also think it is considered that and that would possibly run afoul of their guidelines.

It certainly would not hurt to get things clarified in writing.

Rick
Universal4

[Gamer]

Payoneer is good for US residents, and Skrill + Neteller are great as well.
Perhaps its time to try BitCoin?

[Top Online Casinos]

So my question is what other trust worth alternatives should I add?

If I may ask, what are you wanting them for? Sell goods on your site?