The government enacted laws this year that prohibit electronic payment methods, including Apple Pay and PayPal, for online gambling services. Incumbents of Montenegros betting sector instantly criticised the laws, that will likely hinder Montenegro’s efforts to join the EU.
Several months later, Montenegro is reassessing the mandate, as market insiders tell SBC that revisions are expected later this year. The government is facing public and industry criticism because of the ban.
Betting industry customers are not happy about the limited payment options. Besides Apple Pay and PayPal, other forms of mobile banking, IPS, and e-banking are also prohibited, which are strongly believed to infringe on EU/EC competition rights
Instead of using electronic payment methods to fund online betting accounts, customers must use cash or specific terminals.
The b..
