Online gambling platforms have revolutionised the way players get their action. Today, to entertain yourself with your favourite casino games, you need just to pull out your smartphone. Modern gamblers have an exponentially higher number of options to choose from than they did before the advent of the internet casinos. They also have an abundance of fast and secure payment options that are evolving.
One of the most significant transformations in recent years has been the shift towards cashless transactions within casinos. Traditional images of players sliding chips across green felt tables are being replaced by the integration of cutting-edge payment technologies. The advent of cashless gambling not only streamlines the gaming experience but also opens up new avenues for innovation and convenience in the world of casinos, with some totally new concepts appearing.
One payment option that has become very popular is Trustly. For those who aren’t yet familiar with it, Trustly is a payment platform that enables users to transfer funds directly from their bank accounts into their online casino or bookmaker accounts. Like many other payment providers, Trustly offers a variety of payment solutions. One of Trustly’s most successful endeavors was the introduction of Pay N Play which enables players to start gambling without registering an account.
The Major Benefit
Pay N Play users can instantly - and securely - deposit funds from their bank account to their casino. If you check the info about Pay N Play at https://bstcasinos.com/paynplay-casinos/, you will quickly learn of the major benefit.
You see, one of the biggest hassles online casino fans face is having to complete the verification process. This requires you to submit a couple of documents like a valid passport and a recent mobile bill, for instance. Until you complete this step, the gambling site will not be able to pay out your winnings. This isn’t some needless impediment arbitrarily imposed by casino operators. It is mandated by law and by the operator’s licensing conditions. There’s no way around it.
But Pay N Pay eliminates this inconvenience. Instead of having to submit documentation and then wait for the operator to verify it, the Pay N Play BankID system uses the same verification details you provided to your bank. When you make your first casino deposit, you are automatically verified.
What’s the Catch?
The only catch is that your bank needs to support BankID. The good news is that Trustly’s BankID system is available at over 12,000 banks in 33+ countries. But not so with Pay n Play yet, though there are hopes that sooner or later it will come to the markets where it is absent at the moment to revolutionise the onboarding in the gambling sphere, much like it did in the Netherlands (with just 3-minute onboarding time), Finland and Sweden.
The Wave of the Future
Using cashless gambling payment options like Pay N Play comes with a variety of benefits.
•Safety and Security: Trustly is 100% safe and secure as the platform must adhere to the rigorous standards set by the Swedish Financial Supervisory Authority. On top of being protected by security technology like SSL encryption, operators do not store your banking details. They only get the required ID information.
•Fast Transactions: Pay N Play deposits are instant. If you use an instant or fast withdrawal gambling site, then you will have access to your winnings within minutes.
•Bye-Bye KYC: Your bank has already verified your age, identity, and location as they are required to do. When you deposit using Pay N Play for the first time, the system automatically provides this BankID information to the operator which facilitates instant and seamless verification.
In conclusion, casino payments are undergoing a remarkable transformation with the surge of cashless gambling innovations. And the systems, which are time-saving have become the new hype and are likely to be mimicked by other leading providers. They are definitely the wave of the future in the gambling industry.
