Online gambling happens to be the favourite pastime for a growing number of people around the world. And the trend has seen a massive boom in the past couple of years. iGaming offers a long list of pros like accessibility, affordability, and ease of use, which is why it’s making headlines around the world.
Although popular, online gambling has an inherent set of flaws, most of which are courtesy of local and federal regulations. For instance, signing up can be a hassle in most states in the US as the government requires in-person verification for first-time users. This can be a major letdown as potential punters are deterred by the overwhelming paperwork.
Pay N Play casinos are a new addition to the iGaming scenery and plan to overhaul the ageing regulations. It uses a simple concept of screen scraping to draw personally identifiable data and run them through government portals. The process is fast, seamless, safe, and most importantly runs in the background while the player enjoys his favourite game.
Traditional casinos are required to run a proper ID verification before allowing new members access to their gaming floor. The process is cumbersome and often takes up to 24 hours to complete. The PNP model is very popular among younger punters who’re used to getting everything at the click of a button.
How do Pay N Play Casinos Operate?
While online casinos don’t want to bother their patrons with too many legalities, they’re helpless as far as government mandates are concerned. In fact, kasinotilmanrekisteröitymistä.com has a list of casinos that plan to tackle this problem by slightly bending the rules.
While the authorities receive legit information about every new signup, the players enjoy a seamless gaming experience. Fintech firm Trustly, the brains behind the operation, quietly run the ID verification in the background while the players rest assured as their credentials are in safe hands.
PNP operators need punters to make an initial deposit, following which their personal information is pulled up from the bank. This is then verified with the government as per the regulations. Any deposit that the player makes is instantly accessible, just like at a brick-and-mortar casino.
Are Pay N Play Casinos Safe?
Trustly is a reputed name in the fintech market and offers a diverse range of casino solutions. Traditional casinos consume a significant amount of time during KYC and while processing withdrawals. Trustly’s PNP model aims to terminate the hassles encountered along the way according to the local laws.
The system is convenient for the new players as it allows instant access to the casino’s portfolio. Although PNP casinos don’t require initial registration, players can leave mid-way and resume from where they left off, without a hitch. It’s not necessary to withdraw the winning after every gaming session as PNP casinos hold on to your funds for future sessions.
The PNP model is very successful in the Nordic region, especially Finland, Denmark, and Norway. Widespread acceptance is on the cards as a growing number of punters look beyond traditional amenities like free spins and no deposit bonuses during registration.