Neteller and Skrill customers in select countries received a recent notification that the prepaid Mastercard won’t be available to them after November 25th. In the communication to its users, Paysafe Group, the parent company of the two payment service providers, warned of an upcoming restriction, which will see over 100 nations lose access to the prepaid card service. Countries like Australia, Brazil and others outside of the European Single Euro Payments Area (SEPA) are preparing for the effects of such a drastic shift in rules.
Let’s take a moment to look at why this is so significant. For those of you using the prepaid Mastercard product for online gambling purposes, it puts a major damper on the instant cashout concept. Could such a restriction from two top payment services providers result in the exploration of Bitcoin as a viable option? Been avoiding this virtual currency? It may be high time to …
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