This covers a host of online gambling transactions, such as games of chance or skill which include an entry fee and a prize. Casino games such as table games and slot machines are also included, whether they are physical or virtual.
Sports betting, horse or greyhound racing, person-to-person betting and lottery tickets are also gambling transactions where the blocking software could be used.
The user also has the option to prohibit transactions to gambling-related ventures, such as sites that offer gambling tips, intermediaries who place bets, or organised forums that make person-to-person betting possible.
PayPal underwent a review of its controls and payment rules in 2019 after expressing concern that the platform was being used to facilitate excessive online gambling.
Gambling blocking platform Gamban said: “PayPal offering its users the option to block gambling transactions is a welcome addition to the gambling recovery toolkit.
“Between blocking gambling transactions at your bank and PayPal, blocking online gambling with Gamban, self-excluding yourself with Gamstop and seeking support from GamCare you’ll give yourself the best chance at recovery.”
Original article: https://igamingbusiness.com/paypal-introduces-blocking-software-for-online-gambling-transactions/
