PKR latest accepted by PayPal
Poker site PKR has been accepted by online payment giant PayPal, becoming the latest in the small but growing number of gambling operator now offering the payment method.
POKER SITE PKR has been accepted by online payment giant PayPal.
The poker business joins the small but growing number of major online gambling operators approved by PayPal despite PayPal having stopped accepting egaming transactions in 2002 when it was acquired by eBay, promising to fine service users for employing it for egaming transactions.
PKR joins 32 Red, which was accepted by PayPal at the end of June, and PartyGaming, Paddy Power and 888.
PayPal banned gaming transactions in 2002 because it feared repercussions from America’s post September-11 laws to combat money laundering – fears which in 2003 proved justified when it was forced to pay $10m to settle allegations that it provided services to online gambling merchants.
PKR and PayPal UK were unavailable for comment at the time of writing.
For more on this topic, see our PayPal and egaming feature and our opinion piece on why PayPal should relax about online gambling.