Players everywhere know that making payments in online casinos has always been a hassle. Three decades went by during which the iGaming industry struggled to innovate the next breakthrough that would leave the complicated payment and registration protocols in the past.
That breakthrough came during London’s ICE event in 2008 where Trustly (previously InstantBank) unveiled their new pay and play direct payment technology to thrilled players. European users could now experience a smart and practical method of online banking. The gambling industry was revolutionized by this new system that minimized the tedious exchange of information between players and online casinos, instead ushering in an era of trust and ease for players and casinos alike.
The gambling industry was transformed by Trustly’s innovative system and the integration of the BankID login feature. Players can instantly make deposits to and withdrawals from their personal bank accounts with ease. These instant banking transactions are available to all players as they are fully compliant with the Know Your Customers policy and function on all mobile devices such as Android, Windows, Blackberries, and iOS.
Players across 29 European countries are benefiting from Trustly’s banking services and the Swedish fin-tech company continues to grow as it builds new partnerships with the most reputable banks throughout Europe. With an estimated 2 million transactions processed every month in Europe, there is no slow-down in sight.