Paytrail Casinos

PayTrail Casinos Overview

The Internet has paved the way for customers to reach out to online merchants and vice versa. One can easily purchase something that they want online or obtain a service over the Web. The online gambling industry has also joined the Internet bandwagon as numerous online casinos and betting sites can be accessed by players just by going to a website or mobile site. With the increased interest in online casinos, many companies have decided to come up with payment solutions and platforms to make fund transfers easier and more convenient. You can be located in Brazil and you will be able to play at an online casino based in Europe with the help of the right online payment processor.

What is PayTrail?

PayTrail is an online payment service that was founded in 2007 and is headquartered in Jyväskylä, Finland. It is registered under Suomen Verkkomaksut Oyj and specifically caters to customers from the Nordic region. PayTrail is duly registered and monitored by the Financial Supervisory Authority of Finland, making it one of the safest online payment processors in the region. PayTrail is a known and trustworthy partner of major Nordic banks as well as debit and credit card companies.

PayTrail currently provides online payment solutions to the following Nordic banks: Aktia, Ålandsbanken,
Danske Bank, Handelsbanken, Oma Säästöpankki, Osuuspankki, Nordea, POP Pankki, Säästöpankki, and S-Pankki. Clients with an existing debit card, credit card or prepaid card from American Express, Diners Club, Eurocard, JCB, MasterCard, Visa, and Visa Electron can also use PayTrail to deposit or send payment. One can also use PayTrail through known online payment platforms such as Klarna, PayPal, Siirto, and MobilePay. In a nutshell, one can easily enjoy this secure and speedy service through various financial institutions and payment gateways.

Interesting facts about PayTrail

PayTrail is responsible for processing transactions worth over 6 billion euros.

PayTrail has received awards and recognition for their service. As a matter of fact, in 2013, PayTrail received the Deloitte Technology Fast 50 Finland mainly due to its overwhelming growth and market acceptance.

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How to use PayTrail for Online Casinos

  1. Before you can deposit money to your online casino account using PayTrail, you need to sign up for a PayTrail account which can be done from their homepage. You will be required to supply basic personal and financial information.
  2. After successfully registering for a PayTrail account, you have to look for an online casino that allows PayTrail deposits or payments. Choosing a reputable PayTrail-affiliated online casino lets you enjoy a great selection of casino games, rewards, and bonuses.
  3. Once you have created an online casino account, go to the cashier or payments section to start your deposit transaction. Select PayTrail as your preferred payment method and follow the steps indicated in the deposit section of the casino. You may be asked to provide your PayTrail-linked email address to start using the service. You will receive a notification through your mobile phone if you entered this information during the registration process.
  4. You will use the PIN sent to you to confirm your deposit request. After submitting the PIN, you will receive the funds in your online casino wallet to let you start playing your favorite table games or slot machines.

Withdrawing Funds through PayTrail

There is currently limited information with regards to withdrawing casino money through PayTrail. It is best to verify with the online casino operator whether they process withdrawal requests via PayTrail.

Advantages and Disadvantages of PayTrail Casinos

As an online payment processor, PayTrail offers plenty of advantages and some disadvantages.

Pro#1: Secure method

PayTrail is duly certified and licensed by the Finnish government agency, Financial Supervisory Authority. This agency is an authority in financial-related matters and issues thus users can be assured that their sensitive financial information will pass through secure, encrypted channels.

Pro#2: User-friendly

PayTrail has become popular due to the fact that it offers flexibility to its clients, customers and merchants alike. It is easy to use together with other known e-commerce payment systems which add to its appeal. PayTrail is a great option for individuals who prefer uncomplicated payment methods.

Pro#3: User protection

PayTrail ensures that its payment platform is compliant with industry standards and government regulations. It is licensed and certified to provide secure payment solutions to its clients. PayTrail provides a one-time PIN code to its users which they receive on their registered mobile number to avoid password theft. This unique security code helps ensure that there will be no unauthorized payments done on your behalf.

Pro#4: Zero fees

Another benefit when you use PayTrail is that you get to enjoy zero fees with the service. Clients are not charged with any fees since merchants can incorporate PayTrail to their online platform at a minimal fee which makes PayTrail effective in generating traffic and retaining customers. This is also one of the reasons why many Scandinavian businesses offer PayTrail as an option, including online casino websites.

Pro#5: Availability

PayTrail is locally available in the Nordic region where the company was able to create a strong customer base because of the payment system’s flexibility and security.

Con#1: No password

Some people shy away from payment gateways that do not have a password feature. Although PayTrail’s one-time code is meant to provide more convenience to its users, there are some people who prefer not to have a payment service provide them a one-time PIN for every transaction.

Con#2: No app

One more drawback with using PayTrail is that there is no downloadable app to use their service. PayTrail can be accessed through the browser version for mobile and desktop. It boils down to user preference as some users prefer to use an inherent app on their computer or smartphone.

Con#3: Location restrictions

PayTrail cannot yet be used in other countries as the system is exclusively available to countries in the Nordic region.

Con#4: Withdrawal option

There is limited information on whether PayTrail can be used to withdraw funds from online gambling sites. There’s no need to worry since there are plenty of payment options that will let you withdraw your money from your online casino wallet.

PayTrail Casinos Conclusion

When it comes to gambling online, the right payment method can make or break your overall playing experience. With PayTrail, you can be assured that your transactions are safe, and secure without the unnecessary complexities of other online payment methods. It is a great option for online casino players residing in the Scandinavian region. One of the best selling points of PayTrail is the flexibility to use it with other payment gateways. If you love this kind of flexibility and ease-of-use, you should definitely consider playing online casinos through PayTrail!