American Experss Casinos | Online Casinos that accept American Experss for deposits &/or Withdrawals
Why is there such a huge variety of payment methods now available to online gamblers? Well aside from the fact that variety is a good thing, the reason why so many different methods have come to the market is that none of them is truly perfect. Every method has its advantages and disadvantages.
Credit cards are the most popular method of payment the world over for all transactions but their ubiquity has led to an increase in credit card fraud and a fear on behalf of customers to give out their credit card details to companies they don't know online.
What is AMEX?
AMEX is short for American Express and is a variety of credit card just like Visa and MasterCard. With American Express you can make quick and easy deposits into your online casino player account. The great disadvantage of this method however is that not many online casinos are able to take American Express anymore, this is through no choice of their own, American credit card companies have been under tremendous pressure from the U.S government to stop accepting online gambling transactions and American Express has all but completely succumbed to this pressure.
This is a difficult situation because the legality of these transactions is at best sketchy. Some non U.S based online casinos still do take American Express but this is probably because they disguise the kind of business they are operating.
This situation is indeed a shame and a great loss to American Express holding online gamblers because American Express is one of the most reputable and most trusted credit card companies in the world. Any online gambler who is in possession of an American Express card would truly like to be able to use it to make quick and easy and above all else safe payments to and from their online gambling player's account
AMEX credit cards include:
- American Express Card
- American Express Platinum Card
- AMEX Black Card
Pros of AMEX
- Instantaneous transactions.
- Higher credit limit than other credit cards.
- Very good security compared to other credit card companies.
- Free Travel Insurance
- Air miles with every deposit.
Cons of the AMEX
- Amex does not accept transactions to most online casinos.
- You can't withdraw funds to an Amex card.