American Express, AMEX for short, is the hardest credit card to use when depositing from the USA. The company accounts for a sizable portion of all credit card volume in the United States, making up close to 25% of all transactions in the country but very little is used for online gambling. Why? Because with Amex it’s easy to claim ‘fraud’ and you get your money back, thus online poker sites don’t use them until they really, really know the customer. But, there are options as I will soon explain.
American Express’ origins weren’t in financial services or payment processing. The company began as an express mail business in 1850 in Buffalo, New York. Today, AMEX is worth an estimated $15 billion. However, when it comes to online poker markets, American Express takes a distant third to Visa and MasterCard. The latter two cards are much more accessible at offshore gambling sites, due to their higher success rate.
Luckily, those who want to use their AMEX card for online gambling deposits have two excellent choices in BetOnline.ag Poker and SportsBettting.ag Poker.
Depositing with AMEX
Depositing into an online poker room with your AMEX isn’t a complicated process. Buying poker chips at an online room is as easy as purchasing a product with an online merchant using your card.
If AMEX is an available option, it will be listed under the cashier section, next to any other debit or credit card options, such as Visa, MasterCard and Discover. Select AMEX as your deposit option and proceed to enter your information. Personally, when I see a site use Amex I know they are legit… most of the time.
Unlike like other cards, the CVV number on American Express cards is the last four digits on the front of the card, not listed on the back. Entering your information exactly as it appears on your account is important, as it has a much better chance of your deposit being successful.