No Account Casino
Online gambling is a booming sector that reaches new milestones year after year. Estimates put the current global market size at around $60 billion, growing at a rate of 11.5% per year. Internet/smartphone adoption is this sector’s crucial driver, with blockchain technology playing a more significant role as time passes.
That said, internal innovation has always been the backbone of this industry. While before, software suppliers in this field focused their efforts on developing complex games, over time, operators discovered that users crave simplicity. Thus, they set off to partner with companies that can provide greater ease of use.
This industry’s latest creation that aims to bring convenience to a new level is instant gaming platforms, or more popularly called – no account casinos. These sites use Trustly’s Pay N Play system to circumvent the registration process and lead players directly into gaming entertainment.
How Do No Account Casinos Work?
Pay N Play casino is a system developed by Swedish fintech company Trustly that allows casino play with just a BankID. That is a unique electronic identifier that ties into users’ online bank accounts. Thanks to this connection, players only have to hit the Play Now button at their chosen no account casino, and input their BankID, plus their desired deposited sum, to enjoy slots or live tables. That is all. Completing this action even facilitates a KYC process to occur in the background. So, there is no need for players to go through tedious identity-supplying procedures. Trustly does that for them at a drop of a dime.
Two distinct Pay N Play models exist. The first one, pure, is the one described above. Gambling sites that incorporate this model only feature Trustly as a payment method. The second one is called hybrid, and in it, Trustly is one of many deposit/withdrawal options, and the hybrid platform will also feature a registration process. The downside here is that every time a player returns to the site, he/she will have to make a deposit to play. In the pure model, there is an option called resume playing. Meaning, the BankID remembers a player’s casino balance. Thus, there is no need for a new deposit to continue playing without inputting a user name or password.
Benefits of No Account Casinos
In general, no account casinos offer many of the same things that standard ones do. So, do not expect to see any exclusive reel-spinners or fancy options at these sites. Their allure is in that they eliminate the need for filling out long forms and going through KYC. They save time, are simple to use, keep user contact details private, and facilitate quick transactions. Trustly processes all transfers instantly. However, due to bank processing, it may take up to two days before a withdrawal happens.
Another perk for newbies is that instant casinos have fewer convoluted promotional deals. The ones that they do offer feature simple terms and conditions that anyone can understand. Therefore, it is all about directness with these sites, which is why they have earned the nickname no-fuss casinos.