TransSend and Intercash, two companies dedicated to provide payment solutions, have announced this week that they will launch a prepaid card that will provide important benefits for gambling operators as well as for gamblers and that could be used to place bets at the casinos which operate in the Old Continent.

The card, which is a MasterCard product, will allow its users to take away money from a million of ATMs around the world, make payments in more than 24 million authorized points or use it to make online transactions. From now on, those gamblers who use the card could charge instantaneously to it all the profits generated by playing casino games, which will give them a rapid and simple access to their funds.

The idea has received great acceptance from industry operators, who expect that the new system will speed up the money transferences between the house and the gamblers. The implementation of the card will bring a significant cost reduction for gaming companies in terms of banking transference costs and check payments, besides providing a new method to access clients.

Richard Jones, CEO of TransSend said that “the gambling sector has been desperately looking for a safe and recognized solution with prepaid cards”, and he added: “We feel honored to be the first provider approved to offer a MasterCard prepaid card to be used in gambling”.