Trustly Inks Deal with Light & Wonder to Deliver Cashless Payments to RAPIDPLAY™

Trustly Inks Deal with Light & Wonder to Deliver Cashless Payments to RAPIDPLAY™

Staff Writer
April 12, 2024

Light and Wonder trustly deal

Trustly and Light & Wonder have signed a brand-new deal that will have a huge impact on both companies in the future. Through this new deal, Trustly has agreed to bring its Open Banking to Light & Wonder’s RAPIDPLAY™ platform. There, Trustly will be able to deliver cashless, in-person payments to casinos in the Light & Wonder network.

Cross-Platform Convergence

Trustly is a global leader in safe, trustworthy payment processing. Light & Wonder, having recognized the importance of Trustly, sought to sign a deal that would bring Trustly’s Open Banking payments to its customers. As a result, the two are partnering to offer cashless money transfer services to casino floors involved in the Light & Wonder constellation.

According to the official press release, “this partnership aims to extend the same seamless, quick, and secure online payment experience to the physical casino environment.”

And trust that Trustly’s Open Banking is indeed powerful enough to guarantee that level of safety for the users. The concept of Open Banking is simple – make depositing easy for the players. There’s no need to use a payment card or sign up/register new accounts. Moreover, there is no need to download any apps whatsoever. What you need is Trustly’s in-personn payments, that combine with Trustly ID. The offer is compliant with all AML and bank-grade KYC. It’s exceptionally well-integrated, which means it’s so streamlined that player identification, transaction authorization, and KYC verification in real time last under 10 seconds in total.

A Game-Changer

There’s no doubt this deal will offer a plethora of benefits to both companies. It’s a definite game-changer – it increases efficiency and offers a seamless process to everyone involved. And both companies are well-aware of that.

“Light & Wonder stands at the forefront of the global gaming industry, crafting unparalleled gaming experiences across its diverse divisions,” says John Parsons, VP of Gaming at Trustly Inc.

“The introduction of RAPIDPLAY™, leveraging our In-Person Payments feature of Trustly Pay marks a pivotal innovation for direct funding of games from player bank accounts via personal devices. We are proud to collaborate with Light & Wonder to deliver quick and secure instant payments on the casino floor.”

On the other side of the field is Jon Wolfe, President of Global Systems and Services at Light & Wonder. He says, “Trustly is the leader in Online Banking Payments with a proven track record in online sports betting, and we’re proud to work with them to power our cashless solution on casino floors.”

Wolfe continues, “Cashless is the future of in-person gaming, and we’re proud to pioneer the solutions that continue to drive innovation.”



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