online gambling and casino news

Bodog goes for instant payment MyCitadel

19.04.2005

The major online casino, poker room and sportsbook group Bodog has become the latest operation to sign up for instant payout capability through MyCitadel according to announcements this week.

Michael Meeks, President of Citadel Commerce, says, "Launching myCitadel with Bodog.com validates the need for a strong payment solution offering competitive rates for both consumers and merchants."

Without charging any fees or sharing any personal banking information, myCitadel allows users to store real cash online, transfer funds into a myCitadel wallet directly from a bank, transfer funds to a bank account, and purchase from participating Internet merchants. Banking and personal details stay within a confidential myCitadel wallet and are never provided to third parties.

The product allows consumers to create accounts in real time, to deposit funds via popular deposit methods, and to make instant purchases at participating merchants, all at no cost to the consumer. For merchants, myCitadel provides guaranteed funds, free payouts, and a tiered rate structure based on the payment history of the consumer.

Last week another large online gambling operation, Golden Palace.com announced that it has taken the MyCitadel fast payment system on board.

Citadel Commerce Corp is located in British Columbia, Canada, with a subsidiary in Gibraltar. Citadel is one of the most recognized payment processing brands in the industry.

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