Information regarding eCheck removal & Bounced Checks
I am gathering a bunch of sources together and actually getting comments regarding the recent shutdown of "eChecks" as well as the bounced checks from various poker sites
. I've had a couple of sites tell me I can expect quotes and I'll be putting them together in a story which i will be sure to link here.
Cliff notes of rumors (looking like truth now):
- US Government shut down eChecks & seized money
- US Government closed bank accounts of payment processors
- Sites scrambling to get eChecks back up (Cereus network already back up for this feature)
- Waiting for statements as the legal departments for the sites get themselves ready