Skrill stops E-wallet support for Lock Poker
One of the leading European poker services, Lock Poker, has stopped accepting deposits through Skrill. Skrill will currently only support withdrawals made to the Skrill E-wallet. A Skrill spokesperson did state, “Skrill can confirm that it is to end the facilitation of deposits to Lock Poker, effective immediately. As a result, Skrill will no longer accept uploads or deposits to Lock Poker but will continue to process withdrawals, enabling customers to receive any funds due to them.”
Skrill operates the world’s largest online gambling wallet, and not being able to support the immensely popular service can mean quite a blow to a gaming operator. Lock Poker was already receiving complaints that their cash-out process was taking too long, and can even take months to complete. Shane Bridges, the Director of Social Media for Lock Poker, did state, “Lock Poker made the decision to suspend deposits through Skrill as we are focusing on Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities. Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities. Read this Term up our cash-outs.”
There is no word as of yet if Skrill will also be dropping support for withdrawals to the E-wallet after all cash-outs are completed. In addition, no reason was given as to why Skrill is no longer supporting deposits to Lock Poker. However their spokesperson did mention that services may be reinstated in the near future.
The size and acceptance of Skrill in the online gambling industry, especially in Europe, may take an unwanted toll on the poker service. Not being able to support the E-wallet may shun a large amount of players away from Lock Poker’s tables.
One of the leading European poker services, Lock Poker, has stopped accepting deposits through Skrill. Skrill will currently only support withdrawals made to the Skrill E-wallet. A Skrill spokesperson did state, “Skrill can confirm that it is to end the facilitation of deposits to Lock Poker, effective immediately. As a result, Skrill will no longer accept uploads or deposits to Lock Poker but will continue to process withdrawals, enabling customers to receive any funds due to them.”
Skrill operates the world’s largest online gambling wallet, and not being able to support the immensely popular service can mean quite a blow to a gaming operator. Lock Poker was already receiving complaints that their cash-out process was taking too long, and can even take months to complete. Shane Bridges, the Director of Social Media for Lock Poker, did state, “Lock Poker made the decision to suspend deposits through Skrill as we are focusing on Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities. Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities. Read this Term up our cash-outs.”
There is no word as of yet if Skrill will also be dropping support for withdrawals to the E-wallet after all cash-outs are completed. In addition, no reason was given as to why Skrill is no longer supporting deposits to Lock Poker. However their spokesperson did mention that services may be reinstated in the near future.
The size and acceptance of Skrill in the online gambling industry, especially in Europe, may take an unwanted toll on the poker service. Not being able to support the E-wallet may shun a large amount of players away from Lock Poker’s tables.