The Boston-based sports betting and daily fantasy giant announced on Thursday plans to no longer accept credit card deposits for its sportsbook and casino operations in the U.S.
Starting Aug. 25, DraftKings customers will no longer be able to use credit cards as a method of payment as the company aims to help customers “avoid cash advance fees and higher interest rates” associated with credit card funding. DraftKings believes the change will improve the user experience for customers while also providing a layer of protection.
Customers who have previously used credit cards to fund their DraftKings accounts will have their stored credit cards disabled for funding with the operator later this month.
“DraftKings has made the strategic business decision to remove credit cards as a deposit option for sportsbook and casino in the United States,” a DraftKings spokesperson told SBC Americas. “Customers can still fund thei..
