From the US to the Nordics – faster poker deposits with pay n play

Poker is a popular card game everywhere in the world. It is being played both in the casino resorts of Las Vegas, Nevada, as well as the poker rooms of Helsinki, Finland. More and more, poker enthusiasts are also taking their gambling online with the help of high-quality online casinos that have flooded the market in recent years.

In this article, we explore the world of online poker. More specifically, we go over the ways in which players around the world are making their deposits in order to play. As it turns out, Americans, and especially those in the Nordics are very different in this aspect.

US casinos are sticking to traditional payments

For a while now, the US gambling market has been on a serious uptrend. Several states have started legalizing real-money games, which are becoming increasingly popular year over year. In states such as New Jersey, Pennsylvania, Michigan, and, of course, Nevada, gambling is more widespread than ever before.

Despite the uptick of US online casinos, there are certain barriers that restrict a so-called financial revolution from taking place. One such barrier is the federal Unlawful Internet Gambling Enforcement Act, which makes it tougher for financial institutions to dabble with gambling transactions. Because of this, banks themselves cannot easily touch online casinos.

For now, the most common deposit methods for US citizens include tried and true debit and credit cards, such as Visa and Mastercard, as well as e-wallets, such as Skrill and PayPal. However, many of these methods come with extra fees and costs. Cryptocurrencies have also become more prevalent over the years, but they face some regulatory hurdles as well as a number of other issues.

Bank transfers at US online casinos are also available, but they also come with certain caveats. When transferring larger amounts, it may sometimes take 1-5 business days for payments to clear, which obviously detracts from the overall gambling experience.

For now, there is no clear path to victory for US online casinos. Until cryptos become more widespread, Americans are likely to have to deal with small roadblocks and interruptions when it comes to their payments.

Nordics have ushered in instant payments

While the situation is not perfectly ideal in the US, those living in the Nordics are definitely benefiting from what could be described as the aforementioned financial revolution.

In the Nordics, there is a thing called pay n play that has been breaking boundaries when it comes to both online gambling as well as online shopping. One of the pioneers of this phenomenon is Brite, which is a Swedish-born payment method. Brite is especially popular in countries like Finland and Sweden, both of which are very active with their online gambling

Pay n play casinos and poker sites do not require their users to register traditional gambling accounts to play. Instead, customers are able to use what is called bankID to verify their accounts through online banking. This is done with the help of the likes of Brite, Trustly, and Zimpler, which are all popular payment gateways.

When a person living in the Nordics enters a new online casino, they can immediately decide on their preferred deposit amount and enter it on the homepage. After this, Brite will allow its users to choose their online banking platform from Brite’s list. Finally, the user will confirm the deposit via their bank’s mobile app. This whole process only takes under a minute to complete.

What is more, those fortunate enough to win money during their gambling also have it easy at pay n play casinos. Withdrawals can sometimes only take a few minutes to be processed. This is because pay n play casinos will have already completed the required KYC process with the help of the user’s banking platform. In other words, pay n play casinos make getting both in and out incredibly easy for the customer.

The US has some catching up to do

While most US poker players have probably already gotten used to the lay of the land in their home country, it is inarguable that those in the Nordics have it better. However, it remains to be seen what new technological innovations could still be coming next for the US. Cryptocurrencies, for example, could one day turn out to be huge in terms of faster payments in the country.