Exploring Trustly: Cashless Transactions Vary in Quality and Efficiency
Cashless Gambling Revolution: Trustly Unlocks the Future of Casinos in the USA
Ditch the cash, ditch the hassle—that's the is the promise of Trustly, the market-leading fintech company that specializes in Open Banking Payments solutions. Darren White, Director of Gaming at Trustly, sheds light on the game-changing possibilities of Trustly's cashless gambling technology in the commercial casinos of the United States.
White explains that while cashless gambling has been around for several years, traditional methods fell short of providing a truly frictionless experience, resulting in limited adoption. This is where Trustly enters the scene, offering a solution that bridges the gap between real-life transactions and casino gaming.
"The industry has seen a confusion between digital payments and custodial account products," admits White. "We're here to simplify that—Trustly is like the ice maker, filling your ice tray with funds, directly and effortlessly."
Trustly's seamless integration with casino management systems and cashless wagering functionality ensures that player funds are instantly and securely added to their gaming device, eliminating the frustrating delays synonymous with previous cashless systems.
"Our Pay By Bank mechanism will redefine the way operators embrace cashless gaming, as its frictionless design is gravity-defying technology for those stuck in the traditional cashless mindset," says White.
By bypassing intermediary apps, account sign-ups, and player cards, Trustly's solution enables players to simply scan a QR code and securely authenticate using their online banking credentials - a process that more than 96% of Americans are already familiar with.
White continues, "Many casinos have attempted 100% cashless floors in the past, involving player loyalty club sign-ups and downloading apps for KYC and e-wallets. However, it's these layers of complexity that have prevented widespread adoption."
Trustly's cashless gambling solution offers several notable benefits:
- Identity Verification: Seamless integration of identity verification into its payment product eliminates the need for in-person ID checks at the casino cage.
- Guaranteed Payments: Trustly's solution ensures quick and reliable transactions, as funds are accessible immediately, being transferred directly from the player's bank account.
- Security: With a 99.99% uptime and connections to over 12,000 banks worldwide, including 8,000 in North America, Trustly offers unparalleled security for casino transactions.
- Cost-Efficiency: Trustly's cashless gambling solution processes transactions at a higher approval rate and significantly lower cost compared to credit and debit cards.
- Customer Support: 24/7 support is available through chat, phone, and email to address any player queries or concerns.
Trustly has partnered with industry giants such as Light & Wonder, IGT, Konami, Acres, CasinoTrac, FanDuel, Hard Rock Digital, and Station Casinos, demonstrating its proven track record in the gaming sector. With plans to deploy its innovative cashless solution in casinos across the USA, including Nevada and the Viejas Casino & Resort in Southern California, the future of gambling is undoubtedly cashless, and Trustly is driving the charge.
References:
- https://www.trustly.com/products
- https://www.trustly.com/about-us
- https://www.casino.org/news/trustly-unveils-cashless-solution-at-igaming-americas-2023-13007/#:~:text=Trustly%20is%20going%20cashless%20with,use%20either%20a%20smartphone%20or%20a%20tablet.
- Trustly's cashless gambling technology, revolutionizing the casinos of the United States, bridges the gap between real-life transactions and casino gaming for a truly frictionless experience.
- By bypassing intermediary apps and account sign-ups, Trustly's solution allows players to securely authenticate using their online banking credentials, a process that more than 96% of Americans are already familiar with.
- Trustly's cashless gambling solution ensures quick and reliable transactions, guaranteeing funds are instantly and securely added to players' gaming devices, eliminating delays from previous cashless systems.
- The cashless future of gambling, driven by Trustly's innovative technology, offers benefits such as seamless identity verification, guaranteed payments, unparalleled security, cost-efficiency, and 24/7 customer support.
