What a genius idea Paddy Power has had. They have just introduced a cash card, called PPlus, where you can use the money in your Paddy Power account immediately just like a debit card.
Backed by MasterCard the Paddy Power PPlus Card will enable you to:
1. Withdraw your balance at ATMs
2. Purchase goods at the shop counter
3. Shop online
Say goodbye to the days of waiting 3-5 days for Paddy Power and then the bank to process a withdrawal, the days of having to wait for cash are over.
What this also means is that you can instantly move your cash from your Paddy Power wallet and move it to another operator to use. For example if you win on Paddy Power and want to use some or all of your winnings to play at Betfair as they are running a time limited offer you can use the new PPCard to deposit immediately. No longer do you have to withdraw then wait a few days and deposit.
We think this is a great day for online gambling and hope more operators introduce it.
The only query we have is how have Paddy Power managed to side step ‘Anti Money Laundering’ issues as we were under the impression you had to withdraw your winnings and funds into the same payment option as the initial deposit was made; as the PPCard is backed by MasterCard all must be good a proper.
Our advice is sign up to Paddy Power asap and get a PPcard.
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