Using PugglePay as a Casino Payment Method
What is PugglePay?
PugglePay, formerly operated by Smart Payments Nordic AB, was a well-known Swedish payment processing company. However, it ceased operations in 2018 to prioritize the growth of Zimpler, another payment provider. Let’s delve into what PugglePay offered and how it functioned. PugglePay introduced a convenient way for players to make instant payments at PugglePay-activated casinos using their smartphones. Its simplicity made it particularly popular among mobile casino users. The service eliminated the need for complex registration procedures or the download of multiple applications that could burden users’ devices.
Although PugglePay gained rapid popularity, it remained relatively unknown to many people due to its recent introduction in Sweden. It emerged in 2013 with a specific focus on the gaming and gambling sectors. PugglePay successfully established partnerships with numerous online casinos, including renowned platforms like Mr Green Casino and Betsson Casino, solidifying its reputation as a secure payment option. This recognition was further affirmed through nominations for various industry awards, such as the Nordic Ecommerce Newcomer of the Year and the Red Herring Europe Top 100. Consequently, PugglePay quickly gained prominence in the industry.
What prompted PugglePay to enter the payment market? They recognized the need for a distinct payment method. Although several e-wallets and phone bill payment options were already available, PugglePay differentiated itself by allowing players to use invoices to make deposits. Essentially, users could purchase services without having the required funds immediately, knowing that they would be able to settle the payment within the subsequent two weeks.
PugglePay experienced steady growth and maintained an upward trajectory. However, being a small company with only one outpost in Stockholm, it couldn’t be compared to larger payment providers. Currently, PugglePay boasts over 30,000 users and primarily operates in Sweden and Finland.
About PugglePay
PugglePay is a highly secure online payment option available to players in Sweden and Finland, offering a unique approach that doesn’t require divulging personal or financial information during transactions.
Using PugglePay is incredibly simple. You can make deposits without going through complex registration processes or downloading any applications. All you need is a mobile phone. It’s important to note that PugglePay is not a phone bill payment method, so it won’t add charges to your phone bill. Instead, it utilizes your phone number to send you an invoice. Upon confirming your purchase, you’ll receive a special code on your mobile device, which you’ll use to complete the transaction. The beauty of PugglePay is that you have 14 days to pay the invoice, allowing you to acquire the necessary funds within that timeframe. Once the invoice is settled, you receive a credit card statement, enabling you to keep track of your expenses effectively.
When using PugglePay, neither the casinos nor PugglePay itself impose any fees. Therefore, not only is PugglePay a secure option, but it is also free to use. However, one consideration when using PugglePay is the responsibility of gambling with funds you don’t currently possess. To address this, PugglePay implements strict preventive measures and credit checks for every user, aiming to minimize irresponsible gambling practices.
In the event that a player fails to pay the invoice within the 14-day period, PugglePay will issue reminders and apply a late fee of 49 SEK. If the invoice remains unpaid, the late fee gradually increases. Ultimately, if these measures fail to secure payment, PugglePay engages the services of a debt collection agency called Alektum Inkasso.
Please note that the information provided above reflects PugglePay’s practices at the time of its operation.
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Using PugglePay in the virtual world
PugglePay primarily caters to the needs of the gambling and gaming communities, which are among the largest user bases for such payment services. It has gained acceptance as a payment method in numerous popular online casinos in Sweden and Finland. Using PugglePay is a straightforward process that involves following a simple procedure on the website and confirming the payment using your mobile phone. While PugglePay may not revolutionize the entire online payment industry, it certainly streamlines the overall process. It’s important to note that PugglePay is only available in Sweden and Finland, so individuals residing in other European countries will need to explore alternative options.
Using PugglePay in iGaming and Online Casino
PugglePay is an ideal choice for individuals who enjoy gambling and gaming while on the move. With PugglePay, you don’t require a computer or have to visit a bank. All you need to do is access the deposit section on your smartphone, initiate a deposit, and receive a transaction code via your phone number. It’s as straightforward as that.
Funding your player account with PugglePay
Using PugglePay to fund your online casino or gaming accounts is incredibly simple. Just follow these easy steps:
- Locate the deposit section on the casino website.
- Choose PugglePay as your payment method.
- Enter the desired amount you wish to deposit.
- Proceed with the payment.
Your deposit will be processed instantly, and you will receive an invoice via your phone number. To complete the transaction, simply pay the invoice within 14 days using your bank account. Take advantage of a generous welcome deposit bonus and start playing today!
Cashing out with your PugglePay account
Regrettably, PugglePay is not an e-wallet, but rather a service that enhances the speed and efficiency of online payments. Consequently, it does not facilitate withdrawals. To withdraw funds earned from online casinos, you will need to employ an e-wallet service or utilize your bank account.
PugglePay Pros and Cons
Gamers and players from Sweden and Finland are fortunate to have PugglePay as a payment option due to its numerous advantages.
Firstly, PugglePay offers remarkable speed. Once you set up the payment and select the desired amount, the transaction can be completed within seconds. There is virtually no processing time to endure.
Secondly, PugglePay is incredibly convenient. You can make deposits from anywhere, as long as you have a functioning phone with a registered phone number. Simply enter the number on the deposit page, and you’re good to go.
Thirdly, PugglePay prioritizes safety. It operates under the regulation of the Swedish Financial Supervisory Authority, guaranteeing adherence to the highest standards. Moreover, it doesn’t require any personal information, ensuring the security of your identity online.
However, it’s important to note that PugglePay has limitations. It is exclusively available to players in Sweden and Finland, and transactions can only be conducted using SEK and EUR currencies. Additionally, PugglePay is not accepted by many casinos, limited to those operating within these two Scandinavian countries. Lastly, it can only be used for making deposits and not for withdrawing funds, which may be a drawback for some players.
To enhance your gaming experience, we recommend exploring our comprehensive guides on other widely used casino payment methods. These guides cover deposit and withdrawal requirements, optimal utilization strategies, as well as pros and cons. Choose a guide below and elevate your gaming skills today!