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Industry News

PayPal Introduces Blocking Software for Online Gambling Transactions

Published

4 years ago

on


Reading Time: < 1 minute

 

Payment service provider PayPal has introduced Gamban’s blocking software to its platform, giving customers in the UK and US the option to stop online gambling transactions.

This covers a host of online gambling transactions, such as games of chance or skill which include an entry fee and a prize. Casino games such as table games and slot machines are also included, whether they are physical or virtual.

Sports betting, horse or greyhound racing, person-to-person betting and lottery tickets are also gambling transactions where the blocking software could be used.

The user also has the option to prohibit transactions to gambling-related ventures, such as sites that offer gambling tips, intermediaries who place bets, or organised forums that make person-to-person betting possible.

PayPal underwent a review of its controls and payment rules in 2019 after expressing concern that the platform was being used to facilitate excessive online gambling.

Gambling blocking platform Gamban said: “PayPal offering its users the option to block gambling transactions is a welcome addition to the gambling recovery toolkit.

“Between blocking gambling transactions at your bank and PayPal, blocking online gambling with Gamban, self-excluding yourself with Gamstop and seeking support from GamCare you’ll give yourself the best chance at recovery.”

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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