Instant eChecks No More
for Poker Stars Account Holders
by Edward Rogers, News Staff Writer
June 7, 2009
U.S. online poker players frequenting the internet poker rooms, PokerStars,
Full Tilt Poker and Absolute Poker, and who have grown used to withdrawing funds
with Instant eCheck, are dealing with a dilemma of sorts after the third party
payment processor was apparently removed as a viable account withdrawal method.
In the wake of a crackdown by the New York State Attorney General's Office (who
else), a stream of non-sufficient funds notices have begun to roll in, and
players are being advised to hold off on cashing in any instant eChecks.
Not to be confused with eCheck, which is widely used at online casinos,
Instant eCheck is a payment method that many Poker Stars account holders
have come to use over the last few years. Highly reliable until now, Instant
eCheck appears to have suffered a direct attack by the NY Attorney General under
the Unlawful Internet Gambling Enforcement Act.
At this stage, there is no
telling just how many players have been affected. However, as mentioned, players
are being advised to abstain from making hurried withdrawal requests through
Instant eCheck. The consequences of doing so could result in "insufficient funds" charges
being imposed by banks. As a matter of fact, it's pretty much a given that if
players try to cash an Instant eCheck, they will encounter some issues.
Stars account holders need not worry, however. The premiere online poker room is
advising players to simply use an alternative payment method when making
withdrawal requests. In other words, players need not worry about accrued funds
in their Poker Stars account. As was the case following Neteller's seizure by
the NYAG, online gambling destinations came through by offering alternative
payment solutions to their members.
The warning should be heeded by more than just Poker Stars players. Instant
eCheck is offered at several other online betting destinations, and as such,
anyone who has ever used Instant eCheck or was considering to do so, should
inquire with their online gambling cashier about an alternative withdrawal
solution. Again, the payment solution, eCheck (commonly offered at the best
online casinos), is an entirely different service altogether and is still safe
For more information on Poker Stars, read the OCS
Poker Stars Review