An Amateur’s Guidebook to Pay N Play Casinos
The Pay N Play casino model is perhaps one of Trustly’s most ambitious projects to date and the Swedish payment service provider has already spoken to over 1,700 people across 9 iGaming markets in Europe. The survey claims over 94% of punters want instant access to their winnings while 80% claim they’d gamble more often if the authorities remove the in-person ID verification process.
Online casinos have been facing a peculiar issue lately where a healthy number of new members sign up but never make a deposit. Another major issue was the lengthy and often cumbersome KYC process.
Trustly’s solution to both these problems was to combine the two and find the answer. Legalities around online gambling often prevent operators from being lenient during registration. Trustly encourages members to sign up on a PNP casino without enduring the hassles of paperwork.
Players need to deposit an initial amount and gain instant access to their favourite games. Trustly uses the bank details to pull up personally identifiable data and process the same with the government authorities. This is a win-win for all and solves the problem in the most effective way.
However, screen scraping remains a concern, although no fraudulent cases have been reported so far. Pay N Play casinos listed by kasinoilmanrekisteröitymistä.io are massively popular in the Scandinavian markets, especially in countries like Finland, Denmark, and Norway.
What Perks do Trustly’s Pay N Play Model Bring to the Table?
According to government mandates, punters need to fill out lengthy registration forms and often visit their nearest verification point before being eligible to set up their online gambling profile. As you can imagine, this tends to throw off quite a fair number of potential punters who’re overwhelmed by the process.
The Pay N Play model tackles the situation by simply coaxing players to make a small deposit. Trustly acts as the intermediary between the operator and the player, pulling up the punter’s details that are then verified with the concerned sources. The players simply need to sign up to a PNP casino, select their favourite game, make a deposit, and start gaming.
The process is hassle-free, and the deposits reflect instantly on the casino account. Payouts too are equally seamless and are usually withdrawn to the bank within minutes, unlike traditional online casinos where the process can take up to 24 hours.
What Benefits Do Trustly Bring to the Table?
Trustly offers a bunch of additional benefits like it’s always free to use, unlike most other traditional payment gateways that charge a premium for the services rendered. They follow the strictest encryption standards and never store players’ financial details.
Following the PNP model’s massive success in the Nordic markets, Trustly has been vying to implement a similar payment model in the more developed global markets. However, that has been a challenge. Unlike the Nordic governments that have a centralized electronic citizen registry, most developed nations like Germany and the UK still rely on manual KYC verification.