The leading online bingo software provider is going live with the leading eWallet solution which is PayPal. This is a big step for all the UK players. With any luck this will happen in the US once the UIGEA Bill is thrown out.
23 July 2009 (Stockholm, Sweden) — GTECH G2 has signed a landmark deal with PayPal, a worldwide leader in the field of electronic money transfers, enabling its UK bingo partners to offer their players the ability to transfer funds quickly and cost effectively online.
The first partner to offer PayPal to its UK customers is ChitChat Bingo while other GTECH G2 UK-facing partner sites such as Littlewoods, Yahoo, Ann Summers, BingoJoy, InterBingo and MetroBingo go live next month.
“We are very excited about being able to offer our UK bingo partners the comfort, ease and security that come with using the PayPal service,” says Johan Berg, COO of GTECH G2.
“This is a great opportunity for us as our worldwide lottery and gaming industry expertise is now coupled with the world’s leading e-wallet solution in PayPal. “We are always looking at ways to serve our bingo licensees better and this latest deal will further enhance our already very high level of core capabilities in this high-growth area.” continues Berg.
PayPal is the best-known e-wallet solution for the UK and is used primarily to facilitate buying and selling on the online auction site eBay.
PayPal allows any business or consumer with an email address to securely, conveniently and cost-effectively send and receive payments online. The service has over 23 million user accounts in the UK, which represents two out of three online shoppers. Users can pay with PayPal on over 165,000 merchant websites across Britain and the rest of Europe.
Europe is getting all the options that the US players want and need to be able to play bingo with easy funding. We are hoping that after September we in the US will have the same options.