I fully agree.spreadbetting wrote: ↑Mon Jun 04, 2018 11:00 pmIt's ridiculous Betfair allow people to add a new payment method and then empty an account to it within minutes. With most payment card processing they delay it a day so they can claw back errors.
Having a day or two delay before you can withdraw to new cards etc would snip most fraud in the bud as it's generally done overnight when people don't read texts etc saying a new card is added.
There also used to be an option you could block account access for logins outside your country. I think they did away with that when all their customer service went abroad and other Betfair entities had problems logging in.
If you add another payment method then you shouldn't be able to withdraw to it until you have uploaded ID, with photo and address etc which Betfair can cross reference with Experian or such.