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Technology will help merchants lock out American online gamblers.
Third party payment company eGold has announced that it is to use technology to prevent US players from using its financial facilities in online gambling transactions as a result of the US Unlawful Internet Gambling Enforcement Act requirements.
In a move to comply with the Act, the company has added a software option for all merchant accounts that will prevent gaming companies from allowing US account holder payments.
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The company announcement comments: "With the objective of preventing the use of e-gold by United States persons for unlawful online gambling, e-gold has deployed a feature whereby any e-gold account holder may configure their e-gold account(s) to block incoming e-gold Spends from accounts controlled by Users residing inside the United States or who are accessing the Internet from within the United States. Online gambling businesses using e-gold are now required to enable this new account attribute."
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