How can Puggle Pay help in Making Casino Deposits?

How can Puggle Pay help in making Casino Deposits
How can Puggle Pay help in making Casino Deposits

What is Pugglepay?

Pugglepay is a mobile payment system, started in 2012 by two individuals Kristofer Ekman Sinclair and Johan Friis in Sweden. In this system you need nor remember passwords all the time or share your banking details when doing financial transactions . Pugglepay allows you to deposit money into your account using information no more detailed than your mobile phone number. Your mobile number is the main identifier, and our online purchase does not affect your phone bill.

What does Puggle Pay mean for online casinos?

What does Puggle Pay mean for online casinos
What does Puggle Pay mean for online casinos

Puggle pay is now available at online casinos as a payment method; which will help players transfer funds at any time without entering private information. Players receive a confirmation invoice via SMS.

Also on the Pugglepay website, you can see them claim; that it is “the first company to bring a socially responsible invoice solution to the iGaming market”. Thus this Swedish online payment processor PugglePay is ready to profit from the success of the online casino industry.

Is there a need for Puggle Pay for casinos?

Is there a need for Puggle Pay for casinos
Is there a need for Puggle Pay for casinos

When you make any online transactions even at the online casino for funding your casino account with money to play; you always worry whether your account will be safe and you will be having a secure transaction online. As internet fraud and hackers are more volatile on the web your worry is genuine.

You must have seen that most of the online casinos have safe and secure seals; like eCogra and have SSL encryption that shows their fair and secure gaming and transactions. Even online casinos offering sportsbooks, poker rooms; and bingo rooms also ensure that their online transaction is safe and the player’s privacy is safe.

Various Payment Methods

Though all this is assured by the online casinos; yet there is always a vulnerability of getting your transaction hacked especially when doing payment through mobile devices and smartphones. As you know most of the Aussie friendly online casinos offer various payment methods to the players; like the eWallet services like Paypal, Neteller, Ukash etc; and you do need to require to enter your sensitive financial or personal information, to complete your transaction process.

Services like PayPal do limit how much sensitive information you put in with each transaction. With PayPal for example, once you have opened a PayPal account; you don’t need to enter bank details again as you can pay and receive payments using your email address. Yet PayPal still needs to have details on account about your bank; credit card or similar and once again, this puts people off using this form of payment. The new payment method called Pugglepay now seems to be the easy solution for keeping personal data safe and offer secure transaction as well.

How will Pugglepay know about fraudulent users?

How will Pugglepay know about fraudulent users
How will Pugglepay know about fraudulent users

While you don’t have to hand Pugglepay all your financial details, they will require enough details to perform a credit search on you and it is this credit search which Pugglepay believes will help find those who seek to use the system fraudulently.

Each time a user asks for an account to be funded by Pugglepay by using their mobile, Pugglepay’s software will perform a credit search on that person. If the results of that search are approved, then the funds are added to their account and the invoice sent. If the search turns up any anomalies or suchlike, then it can be refused and Pugglepay will not fund the account. It is the credit search which Pugglepay believes will help ensure that Pugglepay users cannot defraud the company and which means it can offer a genuine, card and financial detail free alternative to existing iGaming funding methods.

Pugglepay takes on 100% of the risk of the transaction means that merchants are 100% confident that they will be paid and for users, it means they can fund online accounts without having a single shred of financial data held on record.

What are the Disadvantages of Puggle Pay?

What are the Disadvantages of Puggle Pay?
What are the Disadvantages of Puggle Pay?

The only drawback for Pugglepay right now is that there is no way you can use the system to withdraw funds from an iGaming account.

You can use Pugglepay to fund an account ( right now only six or seven online Aussie friendly casinos are offering this service to Australians) you can’t actually withdraw any winnings back to you from the account using the same method. You can elect to fund your account through Pugglepay, and then add your bank or card details at a later date to withdraw any winnings.

What if you win and need to withdraw your wins?

What if you win and need to withdraw your wins
What if you win and need to withdraw your wins

If you are lucky to win a large amount of money playing a casino game or pokies game and need to withdraw, then you can register your bank or card details for the withdrawal and then once the withdrawal is completed, remove them from your account. As the Pugglepay company is new and only two year old it has lot of scope for development further in its services and to become a funding service for iGaming.

Pugglepay which was earlier only available in two Scandinavian countries is now spreading its wings to many online casino and gaming community and  have made their presence in more than 200 online casinos worldwide but at present few online casinos that are Australian friendly offer their services.

The six online casinos that are accepting players from Australia and offer deposit via puggle pay are come on casino, Slotsmagic casino, Video slots casino, Casino redkings, euro king casino and Mega Casino

PugglePay is sure to make its big name in the casino world no sooner and hope that players too will love its services.

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