Australian government bans credit cards for online gambling
Australians will not be able to use credit cards as a payment method for online wagering.
Responsible Wagering Australia (RWA) and its members have been strong supporters of this measure and have worked with the Commonwealth Government and the financial services industry since 2021 to deliver this credit card ban.
Responsible Wagering Australia CEO Kai Cantwell said that this change was much needed, as Australians should only be gambling with money that they have.
‘This is an important measure to protect customers, making it easier for people to stay in control of their own gambling behaviour,’ Mr Cantwell said.
‘It will complement the existing offering of safer gambling account management tools by RWA members.
‘RWA and its members support the extension of this measure to all forms of gambling that have been exempted from the ban such as lotteries and keno.
‘If consumer protection measures aren’t consistent across all forms of gambling it will incentivise vulnerable Australians to move to less-regulated types of gambling, where they are more at risk of harm.’
RWA members provide a range of tools to ensure people can gamble safely, many of which have been adopted by the Commonwealth Government as part of the National Consumer Protection Framework (NCPF).
‘The NCPF is expected to be evaluated shortly and we look forward to engaging in this process to ensure that consumer protection tools are fit-for-purpose and support a safe and sustainable regulated gambling environment,’ Mr Cantwell said.