Global Poker gives up PayPal for WorldPay
Global Poker (GP), which has been providing legal online poker to US enthusiasts through a peculiar pay model, has made a change to how it manages deposits and payouts. Since the site was created, it maintained a partnership with giant payment processing company PayPal, but has now switched to WorldPay as of June 30. The move was driven by players, who complained about PayPal’s limited capabilities.
GP CEO Laurence Escalante said, “One thing our customers have made clear to us is that they would like more choice when it comes to payment methods. Worldpay’s extensive network and vast expertise allow us to give our players this choice.”
WorldPay has more options for making deposits and withdrawals than does PayPal. However, PayPal has always received praise for its efficiency and speed. WorldPay will have to match those characteristics if it expects to be taken seriously.
According to a user’s post on the 2+2 forum, he has been pleased with the service provided by PayPal. He wrote, “Did my first cashout from global (and no, I didn’t reach $5K, just needed the $500 for my trip to my kids [sic] graduation for her master’s of economics). From request, to requesting docs, to approving docs, to the money sitting in my PayPal account, less than 24 hours…”
GP has been able to provide an online poker platform to tens of thousands of players through its "$weeps Cash" and "Gold Coins." Players can purchase Gold Coins to play on play-money tables and to earn $weeps Cash. $weeps Cash provides access to real-money games and tournaments, the winnings of which can be legally cashed out.