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October 11, 2006

Firepay calls it quits in the USA

by G-Rob

More fallout, here's a statement from FirePay:

SUBJECT: New FirePay policy for US account holders

On September 30, 2006, the United States Congress passed the Unlawful Internet Gambling Enforcement Act of 2006.

Once President Bush approves the Act, FirePay (www.firepay.com) will no longer allow US consumer payments for online gambling merchants.

Beginning the day President Bush signs the Act, FirePay will decline any purchase transactions from US FirePay account holders at any gambling merchant site.

Ten days after President Bush signs the Act, FirePay will decline any transfer attempt made by any online gambling merchant to a US FirePay account.

All US FirePay accounts holders will continue to be able to make purchases and receive payments from non-gambling, online merchants, as well as "Deposit From" and "Withdraw To" their US bank account.

CJ's Thoughts: I'm glad I signed up with Neteller instead of Firepay, but I wonder if there's pressure on Neteller to do the same. I guess that's why I pulled most of my money offline except for a small stash at FTP and Stars.

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