Connect Pay N Play Trustly: an Advanced Financial Option

Thanks to this advanced service, such features as automatic replenishment/withdrawal of funds, instant identity verification, and high security of transfers are available to operators.

Experts of the Rosloto company will tell you about the capabilities and advantages of the system. From us, you can also learn how to launch Pay N Play Trustly software quickly and safely.

About the Solution

This is a modern settlement method in the iGaming industry. It is characterised by maximum simplicity and high speed of money transfers. To make a deposit, players just need to log in to the site using their bank ID.

The program was created by the Trustly enterprise.

It has been working in the market since 2008, is a leader in the field of Open Banking, and provides fast/secure digital transactions without the need for a credit card.

This approach has revolutionised many sectors of the economy (retail, insurance, and tourism) but has had the greatest impact on the iGaming sector.

The technology was presented in 2014 at the ICE international exhibition in London. In 2016, the service was launched officially. Sweden, Germany, and Finland became the first 3 countries to issue licences that allowed casino startups to use the payment system Pay N Play.

Thanks to this tool, the process of replenishing an account on virtual entertainment resources is extremely simple and includes the following steps:

• access to the platform and click on the “Play now” button;
• specification of the desired transfer amount;
• selection of an online financial system where gamblers have a profile;
• identity confirmation via bank ID;
• launch of the reels in slots.

The withdrawal of prizes from digital platforms works on a similar principle. Everything is as fast, simple, and safe as possible. Gamblers need to take literally a few steps to start placing bets.

Why Pay N Play is Popular Among Users

A long filling of fields is a common problem in the entertainment industry.

According to the Trustly report:

• 16% of clients abandon the login process before it is completed;
• 19% of verified customers do not make deposits.

The decision to connect Pay N Play to online casino solves all problems associated with the process of creating an account on iGaming sites. The service eliminates the need to fill out any forms, upload personal documents, or wait for a response from the support staff.

The solution improves the user experience because it contains:

1. Instant login. All people need to do is provide their bank ID. The data is pulled up and verified automatically.
2. Simplified KYC identification. The procedure starts at the moment of making a deposit.
3. Prompt withdrawal of funds. Prizes can be cashed out instantly.

Pay N Play connection successfully fights against the operator's main problem. This is an outflow of clients even before they complete the target action. The service increases business conversion and liquidity, as well as minimises the risk related to the fact that players may leave the website.

Features of the Payment System

Let us consider why the solution is one of the best deals in the market.

Global Representation

Today, the casino system Pay N Play is used in 33 countries in Europe, Asia, and North America. The provider unites more than 8,300 thousand enterprises and about 12,000 thousand banks all over the world. Using financial applications, entrepreneurs can accept not only deposits but also settle with B2B partners.

In 2022, the company processed $42 billion in transactions, and the number of users reached 650 million people. These are high figures for fintech firms, not counting such major brands as Visa or MasterCard.

Adaptation to Local Regulatory Requirements

Various regions have distinctive opinions about KYC verification:

1. Netherlands, Sweden, and Finland. In these jurisdictions, the process is based on 3 types of data. Operators use information from the gambler's bank, iDIN, and previously created scans of documents.
2. Germany and Great Britain. For identification, only a bank ID is required. In the UK, biometric data (fingerprints and facial identifiers) may also be used. The information is requested when people perform two-factor authentication (2FA).
3. The USA. Identity verification is regulated at the level of each state where virtual betting is legal.

The Pay and Play casino system takes into account KYC requirements in all key markets. Thanks to this, business owners can officially accept payments and receive a stable income.

High Security

The developer holds the licences issued by:

• SFSA;
• FCA;
• SEC.

The Trustly Pay N Play service complies with the PSD2 requirements. Moreover, the company’s management was an EU consultant on Open Banking in 2011. The cooperation included the preparation of the European Union for the introduction of new rules for regulating monetary transactions.

Approval by international organisations makes Pay N Play one of the most secure financial systems in the world. All confidential information is encrypted and transmitted in the form of an ID. Each identifier is unique. It allows entrepreneurs to quickly confirm the client’s identity and gives full access to their data.

Wide Functionality

Trustly offers a single type of integration. This significantly simplifies the setup process and allows operators to focus on other important matters.

The connection takes place through a single API interface. Its shape is designed and approved by PSD2.

The solution contains the following additional options:

• customisation of repetitive deposits;
• generation of reports and detailed analytics;
• control of transfers and chargebacks.

In 2023, the firm once again updated the service. Now, project owners who want to open casino with Pay N Play can add their logo to the payment window when confirming the transfer. Later, the vendor promises to develop several more options for branding the settlement page.

The Main Things about the Financial System

It provides an exclusive approach to accepting deposits at online casinos.

Key features of the option:

• The tool supports the instant launch of games without prior authentication. Identity confirmation occurs using a bank ID, which is convenient, fast, and safe.
• The advantages of the decision to launch Pay N Play casinos include high security, global coverage, as well as the presence of additional functions for the backend and frontend. The system can be easily adapted to the requirements of local markets and takes into account the KYC rules of each selected country.

You can buy a branded settlement method from the Rosloto studio. We provide quick installation and configuration of the product through a single API interface.

From us, it is also possible to order the following useful services:

• sale and rental of games;
• turnkey online casino creation;
• installation of a White Label platform;
• assistance in obtaining a licence;
• security software integration, and much more.