American Express, otherwise known as Amex, is a popular banking option among American clients. There are many advantages for the American clientele of an online casino to using American Express as a banking option. Due to the fact that Amex is popular among American customers, the casinos that offer American Express as a banking option are those that accept American players.
UIGEA and Online Casino Banking
The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in the United States in 2006 as part of the SAFE Port Act. UIGEA made the transfer of funds over the Internet illegal for the purposes of online gambling. The law does not make it illegal for Americans to gamble online, but it does make it more complicated. Many online casinos stopped accepting US customers and those that continued to, have a limited number of banking options for their US clients to choose from.
The Reputation of American Express
American Express was established in 1850 and entered the credit card business in 1958. The rejection of credit card payments at online casinos, even for American customers, is minimal and as most customers hold a credit card, this is a convenient payment option.
The deposit limits on America Express credit cards are generally higher than on other credit cards, particularly for customers who hold a Platinum or Black card. Online casinos accepting American Express payments, often allow higher deposit limits to customers using an Amex card. This means that customers will not have to make multiple small deposits.
Security with Amex
Making payments with American Express cards is a safe and secure option. American Express employs security systems at multiple levels. American Express is only offered as a payment option at casinos that employ at least 128 Bit SSL data encryption technology. For every transaction that a player makes, he has to enter a security code which can be found on the card. This security code is stored on the Amex servers and not the servers of the casino to add an extra level of security from hackers.
Casino Accepting American Express
Due to the fact that online casinos that accept American Expressas a payment method also accept American players, you are likely to find that these casinos cater to their US clientele in other ways as well. If you are an American player, you might like to look at the bonuses and promotions, the customer service options and the graphics and themes of the casino, as well as the banking options that are available to you.
An online casino that offers a good variety of games, excellent software and helpful customer service support is not always so easy to find. If you are an American player and have the added difficulty of having to find an online casino that accepts US players, the last thing that you need is to have trouble finding a deposit method that you can use. Casinos accepting American Express payments may be the answer you are looking for.
