Noda Pay Casinos

How Does it Work Exactly?

With Noda, you get to make online payments using your debit/credit card. Alternatively, you can do so directly from your bank account. All you require is an account with any of its 500+ partner banks.

Provided your preferred financial institution is a partner, transactions will be seamless and instant. Noda has a fully customizable integration option with various convenient tools. With its front-end and API components, merchants enjoy frictionless integration with their platforms.

Noda Pay Fees & Taxes

As a payment service, Noda allows merchants and platforms to accept payments directly from banks. This way, it is a more expedient choice compared to traditional bank cards. The best part is that it imposes little to no fees to achieve this.

When making gambling-related payments, Noda Pay does not impose any hidden fees. It does not matter how much you deposit at an online casino; usually, no fees are incurred. Besides, the transactions are always instant to let you gamble anytime you need to.

When it comes to withdrawing casino winnings, Noda imposes no fees as well. You are at liberty to transact as much as you possibly can without incurring any fees. The best part is that the payment solution does not have a set limit for daily casino transactions.

Of note! Casinos and banks are free to impose their own fees and any other deductions. Most of them do so in accordance with their licence issuer’s laws in terms of taxation. However, some may impose fees to cater to admin costs. However, the fees charged are usually more affordable when you compare Noda Pay and other payment options.

That’s all as far as individual users go.

Noda Pay Security & Support

As a cross-border banking option that processes payments every second, it is important for Noda to remain secure. Noda Pay does away with unnecessary intermediaries in bank transactions. This is its first step in ensuring that players’ funds and personal details remain safe.

On top of that, the banking option uses the latest 256-bit SSL (Secure Socket Layer) encryption. With this, it can securely process payments without unknowingly leaking your information. Also, it prevents unauthorised third parties from accessing users’ information.

Further, the payment service is pretty transparent on how users’ information is used. When linking it to your online banking system, you will come across its privacy policy. Here, the platform promises not to share your information with anyone, including advertisers.

What’s more, Noda Pay acts as a buffer between your bank account and that of the merchant. Any fraudulent attempt on your account is usually met with advanced fraud detection systems. Afterwards, they are blocked immediately, and reports are sent to your bank.

With that said, Noda holds a valid licence from the Financial Conduct Authority (FCA). This is a UK-based regulator that ensures the payment method is in full compliance with the provisions of the PSD2. That way, users’ personal and financial details are always safeguarded at all times.

Noda Pay Market Coverage

Noda Pay was launched to cater only to the United Kingdom and EU. That is still the case today, which is no surprise considering how hard it is to penetrate the online payments market.

Nonetheless, this means that anyone residing within these blocs can use the payment option without a problem. All you need is a bank account from any top bank in the UK and EU, such as the Santander Deutsche Bank. With that, you can make seamless payments all over Europe.

At present, the Open Banking service is available in countries such as Austria, Belgium, Bulgaria, and the Czech Republic. Other countries without restrictions include Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the UK.

In the countries mentioned above, you can use Noda to make online casino deposits instantly. Also, it can be used for casino withdrawals since it lets clients receive cash.
NAUDAPAY LIMITED recently hinted at its plans to expand its global reach. The service aims at overseas countries such as Australia, Canada as well as Asia. This, as they say, should take no more than a year to accomplish.

As an international brand, Noda Pay is expected to accept even more currencies in future. For now, it only accepts GBP and EUR as it only operates within the EU and UK.

Alternative payment methods

Looking to try out other alternative banking options close to what Noda Pay offers? The payment solutions below are some of the most popular ones in iGaming, and you’ll understand why in a bit.

MuchBetter

You may want to try out Noda Pay, but it’s not available in your country. A perfect alternative is MuchBetter, an e-wallet service that guarantees fast and secure services. What’s more, it is available for casino deposits and withdrawals at no fees.

Final verdict

As you may have gathered, Noda Pay is a fintech brand aimed at improving the experience of online players. The payment solution has incorporated all that is necessary to make online payments convenient. As a result, it is able to process payments instantly, unlike traditional bank cards.

Noda Pay is a relatively easy platform to use. A client is required to have an account with a partner bank. That’s all! With that said, the payment option is in partnership with more than 500 banks. This means that it’s a lot easier to come across a partner bank in Europe.

Based on research, the payment method has a 98% acceptance rate, which speaks volumes about its services. It means that you are more likely to meet an online casino accepting Noda Pay in Europe.

In terms of safety, Noda is regulated by the Financial Conduct Authority. From the regulator’s name, you can deduce that Noda Pay’s conduct is closely monitored at all times. This means that your details are always safeguarded in accordance with the regulator’s laws.

The only downside to Noda is that it’s only available in the UK and EU. But we can expect it to expand its reach in the next 12 months as promised by the company. Players in Canada, Asia, and Australia are about to be the next bunch to enjoy its services.