Published
Industry

UK mobile banks now allow customers to block gambling related transactions

In a bid to tackle problem gambling related issues, mobile banks have now introduced measures that would allow customers to block any gambling related transactions. 

mobile blocked

According to statistics, gambling addiction affects approximately 528,000 people in the UK. In order to try and tackle the issue, mobile banks Monzo and Starling have added the option for customers to block transactions that are related to gambling.

Prior to this, someone with a gambling problem would have to speak to each betting provider separately in order to ban themselves from gambling.

The mobile banks allow their customers to switch on a feature through their app which stops their card from being accepted. Once the block has been activated, every time the person tries to use their card at a gambling registered place, it will be declined.

In order to switch off the feature, the banks will have the customer go through a series of steps before being able to make payments again which include answering questions on their health and waiting 48 hours before the block is officially switched off. A message will also show up suggesting that the customer get help from the National Gambling Helpline.

Such an initiative can be a vital step in helping those with gambling problems seeing as financial issues tend to be one of the main problems for people suffering a gambling addiction.

Premium+ Connections
Premium

Galaxsys

 
Premium

RISK

 
Premium

Revsharks

 
 
Premium

Lynon

 
Premium

Sport Generate

 
Premium

PIN-UP Partners

 
Premium

Digitain

 
Premium

1xBet Partners

 
Premium

GammaStack

 
Premium

Imagine Live

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...