Pay and Play Casino
The all-new Pay N Play payment method from Trustly, a Swedish based online banking e-payments company, has now become one of the most popular online casino payment methods available for punters. The reason behind its increasing popularity is that it completely eliminates the registration process associated with online casinos and enables very fast payouts.
Casino players across the globe understand how tedious a registration process can be. One has to fill out the lengthy registration forms, provide credit or debit card information and then submit various verification documents to be able to withdraw funds to their bank accounts.
However, with Pay and Play, players no longer need to undergo all these complicated and painstaking processes. Instead, they simply need to make a deposit from their online bank account to the casino they want to register at using the payment option and the rest is taken care of by the Trustly’s newly introduced state of the art payment technology.
Best Pay and Play Casinos
What is Pay N Play
The advancements in the field of online payment technology have revolutionised the way in which consumers turn loyal to an online gaming site. The less complicated the payment or withdrawal procedure, the more interested the customers are. Taking these factors into consideration, Trustly, has introduced a new innovative payment technology known as Pay N Play, which especially targets the online casino players.
Using this new payment method, players no longer need to get registered at an online casino before they can actually start playing. All they need to do is, make an initial deposit using their existing online bank account via Pay N Play, and the Trustly’s new payment platform will supply the operator with all the KYC (Know Your Customer) information required. It’s a simple procedure.
While making the initial deposit, Trustly collects the consumers’ data from their e-banking account and passes it on to the operator. During this process, it also creates a unique user ID associated with the player’s bank account which in turn can be used by the merchant to create a virtual account for the player in a matter of seconds. So, using this payment method, players can start playing almost immediately as soon as the deposit is made without having to wait for the verification process to be completed.
If you think that eliminating the registration process is great news, Pay N Play doesn’t just stop there! Though the deposit process at an online casino, at times, can be less complicated, making a withdrawal never is. This is the part of the payments section where Trustly has concentrated the most and its innovative payment technology has come up with some great solutions as far as the ease of withdrawals is concerned. Players who have joined an online casino using Pay and Play, if wish to make a withdrawal, they can do so and receive funds immediately.
Since the operator has all the information regarding a player’s bank account associated with his/her unique Account ID, money is sent to the same bank account which was used to make the initial deposit. This eliminates any verification process required for the withdrawals made, and funds are credited to the player’s bank accounts instantly. Furthermore, using Pay N Play for transacting with an online casino can be even more secure given that the payments and withdrawals are made from financial institutions which are more often than not are equipped with the latest encryption technology. Also, the 3-D authentication protocols followed by most banks will force the online casinos to do the same which can add more security for the online players.