Trustly Secures Deal with Light & Wonder for Cashless Payments in Canada

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April 15th, 2024
Back Trustly Secures Deal with Light & Wonder for Cashless Payments in Canada

Trustly, a world-leading brand in the payment industry, has just struck a deal with Light & Wonder, another acclaimed provider of top gaming content. The new cooperation between the two brands will bring in-person deposits to casinos thanks to the power of Light & Wonder's RAPIDPLAY™.

This means that the company will benefit from Trustly's experience and knowledge in payments both in sportsbook and gaming sector which will consequently lead to the extension and improvement of payment experience in land-based casinos.

Details of the Deal and Collaboration Between Two Parties

Thanks to Open Banking network, Trustly’s cashless in-person deposit solution is built to make payments easier and smoother for everyone. There is no need to use cards anymore and you can also forget about sign ups and app downloads.

Trustly's in-person offering, joined with Trustly ID, grants AML compliance thanks to the bank-grade KYC details. The whole procedure is streamlined which also ensures customer identification, authorization of transactions, and KYC verification happening in less than 10 seconds.

The launch of cashless, in-person deposits will be a blast for casino industry. It will increase operation efficiency and reduce use of cash whilst offering simple and comprehensive solution that players will like.

This will also be followed by secure online login process on devices, ensuring even greater convenience for all interested users. Cashless payments are just one of the examples of rapidly growing technology showing how the world of iGaming industry is changing and reaching new heights while providing new levels of entertainment and simplicity.

What Was Stated on this Step

Commenting on the latest step, John Parsons, VP of Gaming at Trustly Inc. said:

“Light & Wonder stands at the forefront of the global gaming industry, crafting unparalleled gaming experiences across its diverse divisions. The introduction of RAPIDPLAY™, leveraging our In-Person Payments feature of Trustly Pay marks a pivotal innovation for direct funding of games from player bank accounts via personal devices. We are proud to collaborate with Light & Wonder to deliver quick and secure instant payments on the casino floor.”

On the other hand, Jon Wolfe, President of Global Systems and Services at Light & Wonder says that Trustly is the high-flyer in banking payments, and they have a history in the sports betting market, which makes them proud to collaborate with them in attempt to power cashless casino solutions. Cashless system will be synonyms for in-person gaming, and they are happy to deliver solutions and boost the innovation.

About the Company and Its Mission

Trustly is a secure and valuable payment option and perfect alternative to traditional payment methods like cards, checks, or banks. The payment provider supports its users in managing their payments by completing transactions directly from account and without worrying about sharing of card numbers. The company has also developed pre-filling system to make the whole experience even more enjoyable.

Once you are ready to start with Trustly solution, just find the company’s logo and enjoy the following benefits of transactions: Simple payments experience, Encrypted connection, bank MFA, and bank credential away from third parties. You can use payment system across top online casinos and sportsbook platforms and test its features in real time.

Source:

“Light & Wonder Taps Trustly to Power Cashless Payments at Casinos”, us.trustly.com, April 10, 2024.

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