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.

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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.

Pay and Play Casinos With Trustly

The payment solutions offered by Pay N Play are one of a kind. The company has designed them in such a way that they can cater to both the established and developing casinos. One of the two payment solutions on offer is known as the “Pure Pay N Play,” in which Trustly will be the sole sign-up and payment option available through which players can register at a casino.

Using this payment solution, players will be able to register and start playing immediately by making an initial deposit via their online banking provider. The exclusive advantage of using this method is that the players wanting to leave the site and come back at a later time can do so without any payment related issues.

This is because the players returning to the site after some time can continue playing as their previous balance is made immediately available. Trustly calls it a “Continue Playing” feature. Also, using this method, players can withdraw their winnings instantly into their bank accounts without having to provide any additional information. This is not possible using other payment options, where returning players are either required to log in by making another deposit or by using their user ID and password.

The second payment solution offered by Trustly is known as “Hybrid Pay N Play.” As the name suggests, Hybrid payment solution is meant for all those online casinos which want Trustly to be one of their payment methods alongside others. Which means, in these casinos, Trustly will be a part of the various payment methods available to pay and get registered. Unlike Pure Pay N Play, Hybrid Pay N Play payment solution does not offer “Continue Playing” feature.

Hence, returning players are either required to log in by making another deposit using Trustly or by using their user ID and password, which can be a bit painstaking. Also, players using the Hybrid payment method will have to log in to their internet banking using Trustly’s iframe in order to be able to make any withdrawals. However, players will be able to register and start playing instantly by registering by using the Hybrid model as well. Withdrawals can also be made instantly to the bank account using which they made their initial deposits as long as they do not log out. Though not as convenient as the Pure model, the Hybrid model can still prove to be an effective payment method.

Other Advantages Of Pay and Play Casinos

There are many advantages of choosing Pay N Play payment solutions backed by Trustly for playing at an online casino. First and foremost, there is no need to undergo the tiresome process of filling the registration forms or submitting documents for the verification process. Trustly is a company managed by the SFS (Swedish Financial Supervisory Authority), which strictly follows the EU regulations and is completely authorised to transfer funds across the borders legally, which makes it a safe payment solution for casino players.

Also, since Pay N Play makes use of the players’ online banking service to make payments as well as initiate withdrawals, which can serve as an additional security layer in protecting players personal information from the unwanted sources. Both Pure and Hybrid mode of payments make use of 3D authentication system which is absolutely secure and hence, the risk of losing vital information is minimal.

Banks set very high standards to collaborate with online casinos, and thus the operators who function illegally or have standards which do not meet the requirements of the bank, cannot introduce Pay and Play as a payment method. This makes Trustly serve as a quality stamp for online gaming sites helping players understand that a site is safe and secure.

The Pay N Play payment method was introduced keeping in mind the value of time, and this is exactly what makes it even more special. It is a win-win situation for both the players as well as the operators. For players, as soon as they make their initial deposits using Pay and Play, a virtual casino account is created automatically along with a unique ID and using this information they can start playing their favorite games almost instantly. In addition, this is the way to get the fastest payouts after winning.

For operators, collecting the KYC information will become easy, thus reducing the complications of the verification process. Also, instant top-ups and withdrawals mean, Pay and Play can make acquiring new customers and retaining the old ones easy and not to mention the increase in the customer loyaity factor.

Final Thoughts

Online gaming industry has long been waiting for a ground-breaking payment technology that can process the deposits and withdraws with a minimal fuss. And with the evolution of Trustly’s Pay N Play payment solutions, the wait now seems to be over. With a lot of evidence to back-up its promising growth, most operators today believe it to be the best mode of payment available to the iGamers.

Pay and Play, today, is embraced by numerous industry’s big players in the Nordic markets where experts believe that it is only a matter of time before other UK industry giants join the Trustly’s club. Simply put, Pay and Play has so much to offer that it simply looks unwise on the part of the operators to ignore it anymore!