Trustly’s Instant Payout Solution Empowers TOTO Sport and TOTO Casino in the Netherlands

TOTO Sport and TOTO Casino, two renowned online gaming companies owned by Nederlandse Loterij, have teamed with Trustly, the global leader in open banking payments, to offer industry-leading rapid payouts in an effort to improve user experience and promote player trust and loyalty.

With Instant Withdrawals, the User Experience Has Been Reinvented

TOTO Sport and TOTO Casino intend to revolutionize the customer experience and promote themselves as preferred locations for online gambling by integrating Trustly’s rapid payout technology. According to Trustly’s research, eight out of ten players priorities quick payouts when choosing an online gaming provider, making this collaboration a critical step towards satisfying client expectations.

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Nederlandse Loterij, the Netherlands’ largest gaming organization and the parent business of TOTO Sport and TOTO Casino, possesses a Dutch online gambling licence and operates nine game brands across many verticals. As a market leader, Nederlandse Loterij understands the importance of providing seamless and effective payment options to its players.

Trustly: The Trusted Payment Provider

Trustly is a leading open banking payment provider for online gambling in the Netherlands, chosen by the majority of licensed operators in the market. Alongside its core instant deposit and payout products, Trustly recently introduced Pay N Play 2.0, a groundbreaking user onboarding solution that is set to go live with multiple operators in 2023. Trustly also serves as one of the official cPSPs (Certified Payment Service Providers) for iDEAL payments in the Netherlands, solidifying its comprehensive payment product offering in this highly competitive market.

Vasilije Lekovic, VP of Gaming at Trustly, expressed confidence in the partnership, stating, “Trustly’s partnership with TOTO Sport and TOTO Casino is a testament to the product quality, reputation, and reliability of Trustly in the Dutch online gambling market.” Trustly’s instant payout product, combined with its broader open banking payment solutions, has positioned the company as the partner of choice for multiple operators in the Netherlands.

Increasing the Value of TOTO Sport and TOTO Casino

TOTO’s consumers will benefit from rapid payouts, according to Arjan Blok, CFO of Nederlandse Loterij. Players in the Netherlands can now experience the same degree of simplicity and quickness in their withdrawals as they do in their personal bank transfers and deposits for online gaming, thanks to the adoption of Trustly’s platform. This development improves the entire experience for TOTO’s consumer base.

Trustly’s Cutting-Edge Technology

Trustly’s cutting-edge technology platform, which is based on Open Banking capabilities, connects renowned global businesses with consumers, enabling direct payments from their bank accounts. Trustly has been a pioneer in Open Banking from its inception in Stockholm in 2008, enabling immediate deposits and withdrawals before the concept achieved general acceptance. In addition, the business has advised the EU Commission on the revolutionary regulatory framework, PSD2.

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