Pugglepay Payment and Withdrawal

The advancement in online betting and the use of mobile phones has meant it’s become increasingly important for betting companies and casinos to embrace mobile technology.  With the huge amount of mobile betting now available around the world, payment methods are also adapting to meet their needs and one such company, which has been developed as a result, is Pugglepay.

The Facts

Website:  www.pugglepay.com

Pugglepay has a short history in comparison to many other payment and withdrawal methods and was established in 2012.  Initially operating only in Sweden and Finland, Pugglepay may soon expand to other Scandinavian and European markets.  The company started to work with a number of brands in 2013, such as Mr Green and Europa Casino and was a 2014 finalist for the Nordic eCommerce’s Newcomer of the Year award.

Although Pugglepay is focused on the mobile market place, there is no need to download anything, such as an app, in order to b able to use it’s services.  Furthermore, you do not need to register or sign up in the same way you would to use other payment and withdrawal services.  All you need is a mobile and phone and Pugglepay will send you an invoice for using it’s services.

Payments are due over a 14 day period and Pugglepay will send you updates and statements, so you know exactly how much you have to pay and when.

Using Pugglepay to Bet Online

Due to it’s link with mobile devices, Pugglepay is a great way to fund your betting account while on the move.  As it’s a relatively new method of depositing money, you will need to check with your mobile betting or casino website, to see if they accept it.  At the time of writing, only people living in Sweden and Finland can use Pugglepay, so if you are outside of these regions, this is not for you.

However, if you are living in either of these two countries, all you need to do is locate the deposit section of the gambling site you are on and look for Pugglepay.  Once you have selected Pugglepay as a deposit method, you will be asked to submit the amount you would like to deposit and also your mobile phone number.  Once this information has been submitted, you will receive an SMS on your mobile phone with a verification code.  Type this in to the deposit screen and the funds will instantly appear in your gambling account.  You will receive an invoice for the total amount.

You may be subject to a credit check the first time you use the service but after that, you will be able to use Pugglepay freely.

There are no fees when making a deposit using Pugglepay but there will be costs incurred if you fail to pay your invoice on time.

When it comes to withdrawing money from your gambling account, Pugglepay is not an option.  It can only deposit funds and has no access to your bank account or any way of storing money for you.  Therefore, you will have to withdraw funds using a bank account, bank card or an e-wallet.  There may be charges for withdrawing using these methods, so do check first.

Pugglepay Advantages

• Pugglepay is a very quick way to deposit gambling funds on a mobile device.
• There is no registration required, making it very easy to start using the service.
• Your bank details are safe because you will never need to use them when depositing with Pugglepay.
• You can make deposits any time and any where, as long as you have an internet enabled mobile device.

Pugglepay Disadvantages

• It’s currently only available to people living in Sweden and Finland.
• You can not withdraw money using Pugglepay.
• The service operates using a credit system, which means it’s possible to bet using money you do not have.
• If you fall behind on payments, you will be charged an extra fee and interest.

Summary

• Pugglepay is only available in Sweden and Finland
• It can be used to fund gambling accounts when using a mobile device
• There are no fees when depositing funds and you do not have to provide any of your financial information
• Pugglepay works on a credit system, meaning you must have good self control and not be tempted to spend what you can not afford
• It’s impossible to withdraw funds using Pugglepay