Reading Time: 2 minutes
TOTO Sport and TOTO Casino is a leading online gambling operator, and part of Nederlandse Loterij. They have launched an industry-leading solution for instant payouts offered by Trustly. Trustly is the global leader in payments via open banking.
TOTO Sport, TOTO Casino and TOTO Sports will improve the user experience, and increase trust, loyalty and preference among their players by enabling instant payouts. According to a Trusty survey, 8 of 10 players said that they were looking for a gaming or betting site with fast payouts.
TOTO Sport, TOTO Casino and Nederlandse Loterij are all owned by Nederlandse Loterij. This is the largest and state-owned gaming company in the Netherlands. Nederlandse Loterij is one of the earliest operators to have a Dutch gaming license. They provide nine brands in multiple verticals including TOTO Sport, TOTO Casino and other game brands.
Trustly is a leading provider of open banking payments for online gambling. It is also the preferred provider by the majority of licensed operators on the market. Pay N Play 2.0 is a revolutionary product for user onboarding that the company has recently launched. It will be available to multiple operators by 2023. Trustly is one of only a few cPSPs in the Netherlands that offer iDEAL payment services. This makes the company’s overall product offering in this highly competitive market second to none.
Vasilije Lekovic, Trustly’s Vice President of Gaming, commented: “Trustly’s partnership with TOTO Sport & TOTO Casino is testament to the quality of the products and the reputation of Trustly on the Dutch online gambling markets. Trustly’s instant payout product in conjunction with our other open banking payment options in the Netherlands has made Trustly the preferred partner for many operators in the Netherlands. We are very happy that TOTO has now joined this group. We are looking forward to working with TOTO to help the company and its customers gain more value.
Arjan Blok commented, “We are delighted to introduce instant payouts via the Trustly Platform for our customers.” In the Netherlands, players are used to receiving instant payouts for their online gaming deposits and personal bank transfers. It’s only logical that we can now do the same for our payouts. It will improve the experience of all TOTO customers.”
Trustly’s Open Banking platform, built with best-in class technology, connects consumers to the top brands in the world who are able to pay directly through their bank account. Trustly was founded in Stockholm, Sweden in 2008. It is a pioneer in Open Banking. They were the first to implement instant withdrawals and deposits before it became widely known. They also advised the EU Commission about PSD2, the landmark regulatory framework.
