As a result of its partnership with International Game Technology, Swedish operator Svenska Spel has confirmed that its players now have the option to easily and securely fund their play at Video Lottery Terminals (VLT’s) from their mobile devices.
Powered by IGT’s cashless gaming technology, the ability to remotely fund VLT play comes as a result of the firm’s INTELLIGEN systems product, which was recently launched by Svenska Spel, utilizing IGTPay technology.
layers may use their mobile device to register for and log into VLTs by integrating their individual Digital BankID, thus paving the way for cashless gaming with the addition of IGTPay.
Declan Harkin, IGT Senior Vice President and COO, International, stated: “Svenska Spel is at the forefront of innovation with IGT’s cashless gaming solution. This groundbreaking technology introduces a contemporary consumer experience to land-based gaming in one of the most progressive societies in the world.
“The combination of IGT’s INTELLIGEN and IGTPay products builds upon our payment expertise in the digital gaming and lottery segments to create a solution that enables players to enjoy the convenience and security of cashless gaming in retail.”
Through the deployment of IGTPay, players who are now logged onto a Svenska Spel VLT will have the ability to deposit funds directly from their bank account through Swish, a bank-owned Swedish mobile payment service.
This system will see players approve the transfer via their mobile device, with the total end-to-end process taking seconds. Following completion of gameplay, Svenska Spel can return any available funds directly back to the player’s bank account automatically and instantaneously.
Magnus Lannersund, Director of VLT Operations, Svenska Spel AB, added: “Launching IGT’s cashless product provides our players with a reliable, cutting-edge cashless solution that connects directly with the Swish mobile app, helping us drive efficiencies while responsibly advancing the player experience.
“IGT has been instrumental in our enterprise-wide modernization with solutions such as the Quasar VLT, the INTELLIGEN central system, our responsible gaming functions and now through their next-generation IGTPay cashless technology. This retail project was among the first of its kind in Sweden, enabling a retail business owner to return funds to a consumer’s bank account via a consumer’s mobile app.
“Svenska Spel is proud to be at the forefront of retail innovation especially when the need for cashless options for the post-COVID-19 era is more crucial than ever.”
