The UK is a hub of gambling, as statistics record an average of 2.1 million regular customers. In 2020, the net worth of the UK gambling sector is an average of 11.8 Euros.
This highlights the great importance attached to gambling in the UK. It also implies that there are several modes of gambling transactions in the UK. Among them, phone billing is showing great popularity among users. This is because of technological advancement in recent years as well as the popularity of online casinos played online.
The recent survey reports issued by the NHS Long Term Plan suggest that there are more than 4000,000 problem gamblers. According to the reports of Parentzone, every ‘one in ten UK children ranging between 13-18 years is gambling online. Since 2018, GamStop was made a mandatory self-exclusion tool on all UKGC-licensed casinos.
GamStop is a highly efficient self-exclusion software that prevents the user from accessing any information or website pertaining to gambling for a specific period of exclusion. It also helps in filtering out underage players.
There has been an ongoing debate about the functionality of Boku method and its availability on UKGC-licensed casinos. Therefore, every potential customer should be well aware of the functionality of Boku, the casinos offering them, and whether it is applicable even after being registered with GamStop.
Boku Payment Option
Boku was started back in the early months of 2000. Today it has secured over 30 million users and the app is being circulated over three continents, and eight countries. Most commonly, Boku billing is used to fund registered casino accounts to finance parking. There is no hassle about waiting for tickets or getting trapped in cash transactions. This is highly beneficial for people who are under a budget shortage or possess a fixed budget and wish to pay for some other things.
This payment system is available on all iOS and Android smartphones. The registration process and usage are extremely simple. All a user needs to do is install the app, follow the instructions provided and connect with the provider. Initially, it was limited only to the UK, therefore it works predominantly on all UKGC-licensed casinos.
According to the latest news, there are few casinos that bear overseas licenses (license from other communities such as Malta Gaming Authority, the Government of Gibraltar Antigua, and Barbuda gaming license, etc.)
Is It Possible for GamStop Players to use PayByPhone?
Boku and GamStop cannot work simultaneously. This is because GamStop ensures a specific period of seclusion, and works in accordance with the UKGC guidelines, and so does Boku. Under the period of seclusion, the user is banned from all websites, ads, and info pertaining to gambling.
GamStop also secludes banking transactions which means that no transactions can be carried out by the use of Boku system. However, this feature is available on many Boku casino sites that are not on GamStop and accept UK customers. There are other alternatives such as card payments, e-wallets, etc. that would help the user to find the most suited form of payment.
Alternatives Available for GamStop users
Banking
It has been in vogue since its early days. Financial transfers take place by means of bank wires. However, this traditional payment method is usually time-consuming.
For depositing finances, the user might need a time span of almost 24 hours, while for withdrawing finances, few days are needed.
Credit/Debit cards
Most people used credit/ debit cards to secure payments at non-GamStop casinos. However, the enactment of the new legislation which prohibits the use of banking cards for gambling payments brought about a change in scenario.
At present, credit cards can only be used in international casinos, but the effective taxation is quite high. Therefore, other payment methods such as cryptocurrency, e-wallets regaining popularity.
E-wallets
This payment method is extremely popular among the new generation, and to a certain extent among the older generation too. Several e-wallets such as Skrill, EcoPayz, Web Money, etc. are available.
Cryptocurrencies
Users can also pay by means of cryptocurrencies. By their Blockchain Technology, they ensure complete encryption. Bitcoin and Etherium are the most commonly used cryptocurrencies. The process of deposit, withdrawal takes place within a crypto-wallet.
Concluding Thoughts
Boku is a boon to all of its users, who had to put up with both cyber traffic and the hassle of payment. Everything takes place within seconds, with a simple tap through the app or website mobile version. But this feature remains inaccessible in UKGC-licensed casinos. Hence, GamStop users have to seek their preferred methods of payment which are both economical and beneficial to them.
