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PayDo in Norwegian Casinos
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Considering Norwegian online casino players don’t have access to many online casino sites, they don’t have the freedom to use any payment method for their deposits and withdrawals but have to focus on using alternative solutions like PayDo. This is a global digital wallet that offers several excellent products and features, to allow Norwegian users to transact online seamlessly, even in their native currency, the Norwegian krone. It has managed to get listed across a great number of sites that cater to Norwegian players, therefore, if you wish to give it a try, make sure you stay with us to learn all about it. What is PayDo and why decide to use it across Norwegian online casinos for deposits and withdrawals in NOK?
Online Gambling Regulation in Norway
Norway is one of those countries that tourists visit not only for the beautiful nature and attractive monuments but also for the many luxurious, first-class land-based casino establishments. Since the country legalized the industry back in 1902, Norway has a rich gambling history, known for having full control over operators and for offering a fair and safe gambling environment. And considering how stable it is economically, you should not be surprised to learn that it has managed to stay on top of its game when it comes to gambling regulation. In fact, when the country introduced the Gaming Scheme Act, it made sure to allow only two state-controlled operators to operate on the market.
Norsk Tipping AS was the operator that offered sportsbetting, scratchcards, instant games, and casino gambling, while Norsk Rikstoto was the operator that offered lotteries. Slot halls were not available until 2007 and for a good reason. When they were introduced, the rise in gambling addiction in Norway was significant, since they were available everywhere: in cafeterias, pubs, and even supermarkets. That's why they were quickly dismissed, and banned by the Ministry of Culture and Church Affairs. The Ministry was adamant in penalizing those that continued offering slots to Norwegian citizens after the ban took place.
Now, around the same time that happened, online gambling’s popularity was increasing, and Norway legalized online gambling, putting Norsk Tipping AS in charge of the online offering as well. However, Norwegian citizens started frequenting offshore online casino sites, which offered more attractive game selections. Then the Ministry of Culture published a report that Norwegians were under the false impression that gambling with offshore operators was legal, and announced to strengthen its regulations, reminding Norwegians that offshore sites were not legal and that they can only visit Norsk Tipping AS if they wished to gamble online.
The authorities started banning offshore operators and prosecuting those that continued catering to Norwegian players. What’s more, to ensure better player protection, the country introduced the Payment Act in 2010, which forbade banks from processing transactions that went to and from online gambling sites. With that, players could not use bank-related payment methods to make deposits and withdrawals across international online casino sites.
But that didn’t mean that online gambling was off the table completely. In fact, thanks to partnership deals with Norsk Tipping AS, many operators found a loophole to still be able to target Norwegian players. True, maybe not hundreds of them did, but many operators and developers found a way to penetrate the market and launch their offering to Norwegian players. Play’n GO, Yggdrasil, Evolution, and Pragmatic Play are just some of the developers whose games you can try out the next time you join a casino you have access to, so you know that you'll be able to enjoy the latest launched slots, table games, online poker and even Live Casino games.
As far as the payment methods to use, as mentioned, you would need to focus on alternative options, since bank-related methods are not safe to use across international online casinos, due to the Payment Act 2010. Luckily, the sites that continue catering to Norwegian players know this and make sure to provide you with enough alternative payment solutions to use for seamless deposits and withdrawals, solutions like the digital wallet PayDo. Considering this is an eWallet, even though you can use your bank account to fund it or cash out money from it, transactions with it will never be marked on your bank account statement as transactions to/from gambling websites. What's more, thanks to the many products and features it offers, you can use your native currency, the Norwegian krone, for your deposits and withdrawals!
Therefore, continue reading to find out more about it and learn how to use it across the many online casinos that offer it, casinos that cater to Norwegian players.
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Using PayDo Across Norwegian Online Casinos
There are things to look for and avoid in terms of features when it comes to using eWallets, of course. If it is not duly authorized to offer payment services, it is not a safe solution to use, so that’s the first clue to look for. Thankfully, as a digital wallet launched in Essex, England, PayDo is a perfectly safe EMI (Electronic Money Institution), authorized by the Financial Conduct Authority in the UK, and by the Financial Transactions and Reports Analysis Centre in Canada. So, it certainly is a solution that guarantees the safety and security of your money.
Now that we covered that, it is time to tell you a bit about its beginnings. The solution has been around since 2017, when a team of experts in online payments, eager to design a digital-first solution, sat down and put in all of their efforts to design it as it is today. As one of the top payment ecosystems in the world, PayDo is not only a digital wallet today, but also offers merchant services, mass payments, and even international money transfers. In fact, while it was crafted with EEA countries in mind, as a Norwegian user, you are in for a treat, as you can use so many of its services, and even use your native currency for some transactions.
The solution offers a multicurrency account to anyone, from anywhere in the world, in 12 currencies. While the Norwegian krone was not listed at the time, the solution decided to expand its list of available options and include the krone in the 12 new currencies that were added to the list of options for SWIFT transfers. Therefore, should you use a SWIFT transfer, you will be able to fund your eWallet account and cash out money from in your native currency. But, if you wish to, you can hold multiple balances in different currencies, for instance, one in krone and one in euro, as the solution gives you this option.
So, to create your free, multicurrency account with PayDo, you will need to visit its official website. You will need to sign up for an account using your email address. After you create your password, you’ll be prompted to verify your identity and then guided on how to top up the account with money. As mentioned, using a SWIFT transfer, you can fund your account in NOK, but with a SEPA transfer, you can fund it in EUR. Other options for you as a Norwegian user would be VISA or MasterCard. The minute you replenish your account, you can start making fee-free deposits and withdrawals across the many sites that offer it, since transactions to and from other registered PayDo users are subject to no fees! Stay with us to learn how to use it across the Norwegian catering sites that offer it.
Deposits and Withdrawals with PayDo
PayDo is certainly getting the attention it deserves across international online casino sites, thanks to the services and features it offers to global users. Therefore, you can rest assured that you will find it across some of the best online casino sites that cater to Norwegian players, to use it for your deposits and withdrawals.
So, the first thing to do is find at least a few such sites that offer it and explore their offering. The minute you find the right site for you, register a player profile with it. After you provide the needed personal details and create your profile, to fund your casino balance with PayDo, you will need to do the following:
- Enter your player profile and find the Banking/Cashier page.
- Look for PayDo’s logo on the list of Deposit Methods, and select it.
- You’ll be redirected to a new tab where you need to access your PayDo account.
- Select the balance which you wish to debit the funds from.
- Confirm the transfer and the funds will arrive in your balance in an instant.
While not all online casinos that offer the solution for deposits offer it for withdrawals, most of them do, so probably, you’ll also be able to use PayDo for cashouts. Double-check this fact before you join the casino you wish to, just in case.
Assuming your online casino accepts it for withdrawals, to request one, you will need to go to the Banking/Cashier page and select the solution from the list of Withdrawal Methods. After you enter the amount you wish to withdraw, a waiting period of up to 48 hours will follow, since the operator will have to approve your request. But as soon as that happens, the funds will instantly reach your digital wallet account.
Conclusion
PayDo might be one of the few convenient payment methods to use as a Norwegian player across international online casino sites, as it allows you to use your local currency for your deposits and withdrawals. It is also incredibly inexpensive, easy, and safe to use, and offered across a decent number of Norwegian-catering sites, so the first chance you get, give it a go – it is super-effortless to get started with and use.
FAQs
Is it legal to gamble online in Norway?
Yes, it is legal to gamble online in Norway, but the only operator authorized to offer online gambling is Norsk Tipping, the state-controlled operator.
Can Norwegian players play across international online casino sites?
Legally, no, because Norsk Tipping is the only legal operator to offer online gambling to Norwegians. Offshore operators are banned and prosecuted for targeting Norwegian players, however, despite this fact, Norwegians continue frequenting online casino sites based elsewhere, at their own risk.
Will I find PayDo across many online casinos that cater to Norwegian players?
Yes, actually, you will find the eWallet across a decent number of online casino sites that cater to Norwegian players. Its popularity across international sites continues growing, so you’ll certainly have many sites to explore to find the one you were looking for.
Which are the currencies I could hold in different balances on my PayDo account?
The 12 currencies that were offered from the very beginning were the Norwegian krone, the euro, the US dollar, the Romanian leu, the Czech koruna, the Swedish krona, the Canadian dollar, the Swiss franc, the Danish krone, the Polish zloty, the UK pound, and the Hungarian forint. In 2024, the solution added 12 others, but these are strictly for SWIFT transfers only.
Does PayDo offer Customer Support?
It certainly does. You can visit its official website and see that the solution offers an on-site contact form to fill out and an email address support@paydo.com to get in touch with its team.