Trustly, a Swedish payment solution has been a firm favourite of payment method over the years for players wanting to make an instant deposit at online casinos. With less people using cash as a payment method in everyday life, Trustly have developed ‘Trustly Live’, enabling players to place bets at land-based casinos without using cash.
How It Works
Trustly Live can be integrated as a deposit method at cash redemption terminals, tables and cashier cages. Players scan a QR code from their smartphone, which deposits cash instantly from their personal online bank account.
Land-based Casino Costs
Cash handling costs at land-based casinos can typically be as much as 5%, so using Trustly Live will rid casinos of this expense. Trustly Live will also strengthen AML and KYC checks, making traceability of players easier, when meeting more strict regulatory guidelines.Director of Gaming at Trustly, Samuel Barrett said,“ Trustly Live will help land-based casinos thrive in today’s increasingly cashless economies.“ Cash handling is expensive, unsafe and, frankly, outdated. Consumers are already adopting safer and more convenient ways to pay and Trustly is excited to be bringing innovation to the land-based gaming world by helping operators keep pace with their players preferences.”Trustly Live is already present in 45 locations in Sweden, with plans to roll it out across the rest of Europe in the next few months.