About 15% of online gamblers use PayPal to purchase chips and withdraw winnings from Internet casinos. Unfortunately, PayPal will stop processing Internet gambling transactions on November 24. Many casinos are encouraging players who use PayPal to switch to NETeller instead.

Like PayPal, NETeller is an online money transfer service -- sometimes called an "eWallet." Players can deposit money to their NETeller account using a credit card or other method, then use these funds to purchase chips at Internet casinos. Winnings can be withdrawn from the casino directly to the player's NETeller account. The casino never sees the player's credit card information.

Most Internet casinos accept NETeller. But NETeller is only one of many ways players purchase chips and make withdrawals from Internet casinos. Many players purchase chips directly from the casino using their credit cards, debit cards or bank wires. Withdrawals are commonly requested by check.

Other common payment alternatives include 900Pay, FirePay, and PrePaidATM.

PayPal announced that they would stop processing gambling transactions earlier this year, after they were acquired by online auctioneer eBay.