Trustly Partners with Light & Wonder for Cashless Payments in Canada

Trustly, a renowned name in the payment industry, has inked a deal with Light & Wonder, a leading provider of gaming content. This collaboration aims to introduce in-person deposits to casinos in Canada through Light & Wonder's innovative RAPIDPLAY™ technology.

The partnership between Trustly and Light & Wonder signifies a significant step forward in enhancing the payment experience within the sportsbook and gaming sectors, particularly in the realm of land-based casinos.

Key Details of the Collaboration

Utilizing Trustly's cashless in-person deposit solution, powered by the Open Banking network, promises to streamline payments by eliminating the need for cards, sign-ups, or app downloads. With Trustly ID, the solution ensures compliance with Anti-Money Laundering (AML) regulations through robust Know Your Customer (KYC) verification in less than 10 seconds.

The introduction of cashless, in-person deposits is poised to revolutionize the casino industry, enhancing operational efficiency and reducing reliance on cash. This move is anticipated to resonate positively with players, offering a seamless and convenient payment solution.

Furthermore, the collaboration will extend to secure online login processes on various devices, further enhancing convenience for users. Cashless payments represent a key innovation in the iGaming industry, reflecting its evolution towards greater simplicity and efficiency.

Insights from Trustly and Light & Wonder

John Parsons, VP of Gaming at Trustly Inc., expressed excitement about the collaboration, highlighting Light & Wonder's position as a leader in the gaming industry. He emphasized the innovative potential of RAPIDPLAY™ in enabling direct funding of games from player bank accounts via personal devices.

Jon Wolfe, President of Global Systems and Services at Light & Wonder, commended Trustly's expertise in banking payments and its track record in the sports betting market. He underscored the significance of cashless solutions in shaping the future of in-person gaming, expressing confidence in their ability to drive innovation.

About Trustly and Its Vision

Trustly offers a secure and convenient payment option, serving as an alternative to traditional methods such as cards or checks. With its emphasis on direct transactions from bank accounts, Trustly prioritizes user security and convenience. Its pre-filling system further enhances the payment experience, ensuring simplicity and efficiency for users across various online platforms.

As Trustly continues to expand its reach, users can expect a seamless payment experience characterized by simplicity, encryption, and robust security measures. Whether in online casinos or sportsbooks, Trustly remains committed to delivering innovative payment solutions that meet the evolving needs of users.