Online Payment Service For Gambling

PayPal is an online payment company. PayPal will no longer be permitted to conduct business with residents of New York State to use its online payment service for gambling. PayPal settled this litigation with the state attorney general’s office under an agreement.

The following questions have been addressed in this article:

What were the terms of the agreement?
Is there still pending litigation against PayPal?
What has the status of credit charge usage to make online gambling transactions?

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