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iDeal is to Pacific Poker as PayPal is to eBay

Pacific Poker has finally added iDeal as a payment method for its loyal customers! After so many online gamers have had trouble with financial transactions, especially those from the Netherlands, this new announcement from the 888 subsidiary could not have come at a better time.

Many people live in areas where their currency or credit card information would not be compatible with the site, or their government would not approve of their activity, which means they have had to figure out ways to get around this very serious roadblock. Others still merely dislike the idea of handing out their personal account information to just anybody online, and would rather manage their online gambling accounts through one secure website.

iDeal, in effect, is basically like PayPal, in that the customer has options for filling his account and transferring those funds into payroll for other sites, such  as Pacific Poker. PayPal is most commonly used on the online auction site eBay, which processes billions of dollars in transactions everyday, through credit cards, bank accounts, and PayPal, of course. While it is still possible to complete transactions in other ways, many merchants and customers choose PayPal for its anonymity and security, since they are not sharing their personal information with anybody, except their own secure third party server.

iDeal, then, will do exactly that for Pacific Poker, and if the analogy really rings true, the new addition of the payment method will bring in added revenue for the company. On top of that, the two companies are offering sign-up bonuses to get people to use and get acquainted with this new feature.

It looks like this whole iDeal deal is a double win.

Back to August 2008 Archive.

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