Site iconSite icon PennsylvaniaCasinos.com News

FanDuel Credit Card Ban Hits PA Online Casino and Sports Betting Market

FanDuel-credit-cardFanDuel-credit-card

Pennsylvania online casino players will soon see a noticeable change in how they fund their accounts. FanDuel has confirmed that it will stop accepting credit cards for deposits, a move that affects both its Sportsbook and Casino platforms in the Keystone State and across other states where they operate.

Credit Cards Out, Bank Transfers In

When the policy kicks in on March 2, FanDuel will no longer allow deposits made with U.S. credit cards. That includes credit cards linked through popular digital wallets such as PayPal, Venmo, and Apple Pay. Players will, however, still be able to fund their accounts using debit cards or direct bank transfers.

Pennsylvania players who regularly use online casino or sportsbook apps now have to start planning ahead when it comes to bankroll management. FanDuel has stated that customers can request refunds for past credit card deposits, and the company has positioned the decision as part of a broader consumer protection effort.

Fortunately for some players, other Pennsylvania online casinos and sportsbooks still accept credit cards. As the market leader in the state, however, FanDuel’s decision could influence competitors to reconsider their own payment policies over time.

Why the Policy Is Changing

The rather abrupt move follows increased scrutiny from lawmakers over the risks associated with using credit cards for gambling. U.S. Senator Elizabeth Warren recently sent a letter to FanDuel requesting details about its credit card practices, raising concerns about fees and financial harm.

One of the key issues highlighted was that many credit card issuers treat gambling transactions as cash advances. That classification can trigger additional fees and immediate interest charges, sometimes catching players off guard. Critics argue that this setup can lead to unexpected costs and deeper financial strain.

There have also been efforts within Pennsylvania to address the issue legislatively. In 2024, State Senator Wayne Fontana introduced a bill that would have banned credit card deposits for all operators in the state, though the proposal did not move forward.

For now, FanDuel’s decision stands on its own. But in a highly regulated and closely watched market like Pennsylvania, payment policy changes from a major operator rarely go unnoticed, and it will be interesting to see how it all unfolds.

Exit mobile version