Partypoker Ends eWallet Withdrawal Fees

Partypoker Ends eWallet Withdrawal Fees

Partypoker announced today that it reversed a 2013 decision to charge for withdrawals to ewallets.  Effective immediately, payouts to Neteller, Skrill and Webmoney will carry no fee.  All cashouts from partypoker are now free.

The concept of charging a fee to withdraw from partypoker drew the ire of professional players at the time.  It was among several ideas the company implemented to deter professional players from giving action to the site.

In September 2013, partypoker decided to start charging a withdrawal fee of $4 plus 3 percent of the total amount.  In July 2015, partypoker relaxed some of these withdrawal fees. Mastercard, Visa and bank transfers were dropped from the fee schedule and processed without any charges at the time of that policy change.  Kalixa Pay, goplay prepaid MasterCard, ClickandBuy and PayPal were already on the list of free withdrawal options at the time.

“Listening to the players is central to our ongoing strategy,” Group Head of partypoker Tom Waters said. “We are always grateful for the feedback we receive from players about improvements.”

This is another step in the ‘Poker for the People’ campaign rolled out by partypoker in 2015.  This move comes just days after GVC Holdings Plc announced that its newly-acquired partypoker entity would reenter 21 gray market countries it left under previous ownership.

The decision to leave these markets may have been related to the company’s mission to obtain an interactive gaming license in the U.S. market.  Partypoker is the software provider for Borgata’s online poker and casino platforms in New Jersey.  Partypoker operates a skin through the Borgata partnership.  The license for its New Jersey remote gaming licensed was obtained in 2013.  Borgata is the flagship of the Atlantic City gaming market.