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Due to the current discontinuing of the Instant eCheck solution that had been offered by PokerStars, Full Tilt Poker, and Absolute Poker UltimateBet, difficulties are expected for players wanting to put money into these operations. Those attempting to cash checks received from this financial solution provider have been sent N S F notices.
It is being reported by Online gambling news sources that the New York State’s Attorney General's office is targeting this particular processor. It is advised to online players that until the issue has been resolved, they should not attempt to cash any check received recently from any of these online poker operators. Players that due attempt to cash their checks are rung the risk of having to pay "insufficient funds" fees to their bank. In addition to this, banks might even suspend banking privileges for individuals who try to cash these checks. Those who are affected by this turn of events are recommended to contact their online poker site requesting a different payment method. Or they will have to verify that the check in question is not associated with the Instant eCheck payment solutions.
The company eCheck itself is another entity altogether. It is in no way associated with Instant eCheck. According to a spokesperson for eCheck, they only process for casinos and are having no problems. She adds that this represents a customer service nightmare and is starting to cost the company both revenues and their credibility. Many online casinos have still made the eCheck option readily available as a means of receiving cash. It is necessary for those playing at PokerStars, Full Tilt Poker, and Absolute Poker/UltimateBet to distinguish the difference between Instant eCheck and eCheck, if they want to know for sure that their winnings will be processed. No information is presently available as to why the Instant eCheck deposit and payment solution has been discontinued at just these three major online poker sites. One possible explanation for the crisis might be that the banking sector in the USA is very much in a crisis mode. In all likelihood however, a resolution is on the way.
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