Pugglepay is a company that has been around since 2012, headquartered in stockholm, sweden. They were one of the first companies to see the potential in this market segment. This is no surprise considering the company was founded by an experienced expert in online payments, kristofer ekman sinclair. Before pugglepay, he worked for a different swedish payment service known as klarna.
Pugglepay is a new and innovative payment processing service that doesn’t quite fit the definition of already known mobile e-wallets or payment gateways alike. It functions on the basis of billed payments paid at a later date, assuming that both the payer and the company are making a promise to provide the funds. And with online gambling continuously being a booming industry, it has been the perfect starting point for such a revolutionary concept. Online casino players and other gambling enthusiasts from eligible countries have openly adopted this solution, benefiting from its unique nature along the way. So far, only players from sweden and finland are able to gain access to its functionalities, but with online casino partners the likes of playtech and softswiss in their network, there is firm belief that pugglepay is going nowhere but up.
Pugglepay is a pretty straightforward way to deposit at an online casino. All you have to do is go to the checkout and select pugglepay as your payment option. Then, you just enter your mobile phone number and choose how much you want to deposit. Pugglepay will text you a 4-digit security code, which you’ll use to confirm the purchase with the casino website. After that, pugglepay will send you an invoice for the amount of the deposit, which you can pay online within 14 days. If you don’t pay within that time frame, there’s a $50 fee plus interest (currently 8%).
Pugglepay will do a soft credit inquiry for every transaction to ensure that the person requesting the funds has a good financial history. According to swedish law, whenever someone checks an individual’s credit, the individual must also receive a copy of the credit report. Therefore, users will receive a credit report each time they use pugglepay. Pugglepay requires payment within 14 days but advertises a flexible repayment policy.
Pugglepay is a mobile payment service that is quite unique and different from anything else that is available on the market. There is no need to sign up or register for an account. You can simply choose pugglepay as your payment method, enter your mobile number, and wait for an sms with a code. Once you have entered the code and confirmed your identity, your credit will be checked. If everything is okay, you will be able to make payments instantly. It is important to keep in mind that players are not charged by any means, and the payment processor will bill your transaction later on. This makes for a convenient and safe transaction not only for the player but also for the operator. Players do not have to share any personal information, which makes this an extremely reliable and fast method that works great for everybody involved.