Payments to illegal gambling providers blocked
The Netherlands Gambling Authority and several payment service providers have signed a cooperation agreement. Under the agreement, payments between consumers and providers of illegal online gambling will be blocked.
Earlier this year, payment service providers Mollie BV, DialXS BV and Sisow BV joined the agreement. These companies facilitate online payments for products and services. On 22 September 2014, Currence (the owner of iDEAL), payment company Mastercard and the members of the Dutch Payments Association, including Dutch banks, also joined. On 6 October 2014, acquirer PaySquare SE, which is responsible for processing and settling debit card transactions, joined the agreement as well.
By joining the agreement, the payment service providers are fulfilling their social responsibility and signalling that they do not want to provide payment services to illegal gambling operators.
Related articles
-
Next Phase of iDEAL Migration to Wero Begins in October
-
News
-
Online payments
-
-
Lower travel spending is putting pressure on overall online spending
-
News
-
Online payments
-
-
New bank account numbers Dutch Tax Administration
-
News
-
Account-to-Account payments
-
-
The Digital Euro and Stablecoins: Apples and Oranges
-
News
-
European legislation
-
-
Payment orders with unstructured address data will be rejected starting November 14 or 15, 2026
-
News
-
European legislation
-
-
Banks are calling out social media platforms for their role in fraud and scams
-
News
-
Online payments
-