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PaySpark

Payspark Poker

Payspark is another standard internet payment account, designed to make shopping and funds transfers via the internet all the more convenient for customers.

I found few if any online casinos that list Payspark as a valid payment method. Perhaps there's a secret I don't know about, or perhaps this says more about Payspark than any review could say -- online casinos not being known for their lack of support for online payment services. A few places claim to accept Payspark, but when contacted by phone the customer service department would much rather I use another service. What is this all about?

The PaySpark internet Payment Account is supposed to be a revolutionary new banking solution that allows players to deposit poker funds over the Internet. The website for Payspark claims that "On certain pre-approved sites, displaying the PaySpark logo, poker funds can be deposited by selecting 'Payspark' as the preferred payment option." I've already found this to be more than a bit misleading. I can't give an answer as to why PaySpark seems to have lost favor. But I can tell you what I know about the service.

The service is supposed to be as simple as this:

  1. Enter the Payspark logon details
  2. Enter the Payspark account to debit
  3. Enter the amount of the poker deposit required

Also, the website claims great ease of funding your account with them. This can be done in many ways, be it via credit card, transfer from a PaySpark ATM Account, Western Union or other wire transfer, and even transfers from other online payment services like NetTeller or Paypal.

PaySpark's statements are available 24/7 for customers, free and online. There's no minimum balance required for a PaySpark account, unlike many of their competitors, however, dormant accounts (no transaction activity for 90 days) with a zero balance will be closed automatically. This is actually a customer-friendly feature, as it helps delinquent customers keep on top of their finances.

According to customer reviews, another good point about PaySpark is that no charges will be levied against active accounts. Keep money flowing, and you will literally have a fee-free account, according to PaySpark's website content. Accounts that have not been used for 90 days will attract a US$10 per month administration fee.

Security in terms of opening an account is another story -- in order to have an account with PaySpark, you'll be required to fax the following "Due Diligence Documentation":

  • A copy of a Government recognized Identity Document (such as a drivers license or passport).
  • A copy of a utility bill, no older than 6 months, showing your residential address.

Many consumers will not be willing to go this far when other payment services require much less in the way of personal information.

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