Mandatory Payment Blocking Splits Responsible Gambling Experts

Responsible gambling experts are adamant payment blocking schemes introduced by several banks are a step forward, but doubts remain over whether or not banks should be obliged to offer them.

Last week, Santander, Lloyds and Royal Bank of Scotland (RBS) announced they would follow Barclays, Monzo and Starling Bank to offer gambling payment blocking to their customers.

Talking to sister publication GamblingCompliance, several responsible gambling experts were unified in their praise for the “extra layer of protection” payment blocking schemes offer problem gamblers.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial