Casino Payments

MasterCard's CEO, Ajay Banga, says that the deal is aimed to "expand our already significant e-commerce merchant gateway presence in Asia and Australia to European countries and other high-growth, emerging markets worldwide".  The expansion into the electronic payments sector can only be a smart move, as Banga put it, "the story of e-commerce is only being written now".

MasterCard are not the only ones wising up to the shift in payment technology.  Last month, Visa signed a $2 billion deal with CyberSource Corporation!  CyberSource are also specialists in data security and online payment solutions.  They are a major competitor of DataCash.  However, MasterCard maintain that their acquisition was not in any way inspired by Visa's move.

Either way, this can only be good news for online gamers who will continue to discover improved online payment solutions.  It's a winning situation!