Nordea
Nordea is the largest provider of financial services in the Nordic countries; headquartered in Stockholm, the bank has over 1,400 branches in 19 countries around the world. It was formed between 1997 and 2000 thanks to the merger of four banks: Nordbanken from Sweden, Kreditkassen from Norway, Unibank from Denmark and Merita Bank from Finland. As well as being an established financial services provider, Nordea maintains connections with a number of other leading payment service providers, such as MasterCard, Trustly and Moneybookers. This payment method is only available to those who have an account with one of the Nordea banks.
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Using Nordea as a casino payment method
Nordea offers its users a wide variety of financial services, including investment banking, pension management, credit and debit cards, Internet and mobile banking and insurance products. Users who set up an account with Nordea are given MasterCard debit and credit cards and while you can use these cards to do online banking, you can also do your banking online or over the phone.
Nordea’s Internet and phone banking services aren’t available in all countries; where they are available, they’ll be referred to as Nordea Netbank. To use Internet and phone banking, you’ll need to have an Access Code, which is made up of your User ID and a password, along with confirmation codes, a single-use security code and a PIN number. The main advantage of having these Access Codes is that they provide users with extra levels of security. In some countries, Nordea provides users with cards that have 80 confirmation codes and 80 single-use security codes on it; once the user has used up 60 of these, another card is mailed to them.
When it comes to using Nordea Netbank at online casinos, once you’ve chosen it as your payment option, you’ll be redirected to your Nordea Netbank log in page, where you’ll have to use your Access Codes to log into your account and confirm the transaction using the confirmation code. Alternatively, you can download the app that allows you to do your banking from your mobile. All payments using Nordea are completely free of charge; not only that, they’re also easy to carry out and the money is transferred instantly.
Disadvantages
The main disadvantage of using Nordea Netbank at online casinos is that you can’t use it to withdraw money. Some people don’t like having so many Access Codes to deal with, even though they help make the transactions more secure; the fact that Nordea provides users with cards that have codes on could be risky, considering someone could get a hold of the card with the codes on.
On the whole, Nordea Netbank is a very safe payment method as it offers users more levels of security than the average payment method. This payment method is mainly aimed at Northern European users and you should find it available at online casinos aimed at players from this region.