In the ultra-digital, fast-paced world of the 2020s, even credit cards and internet banking is outdated. Those casino payment methods are slow and burdened by too much paperwork and bureaucracy. What we want is to make a payment as quickly as possible.
The ideal payment method is one that is secure, fast and reliable. Nordea ticks all those boxes. As the name suggests, it is a universal payment platform used by millions of people across the Nordic countries – Sweden, Finland, Denmark and Norway.
Our Top Recommended Nordea Casinos
How to play Casino Games Using Nordea
Register for Nordea Account
To register, you must first have a bank account and an identity card confirming you live in one of the four countries mentioned above. Fill up the online form and Nordea will furnish you with an ID.
After filling up the Nordea registration form, you need to authenticate yourself on their app before using it for payments. Here is how you do it:
- STEP 1: Fill up the online form. Give your Bank Info as well as personal identification and wait a few days for your account to be approved and created.
- STEP 2: Download the Nordea Codes app from the App Store or PlayStore.
- STEP 3: Use your Nordea ID to sign up for the app. Enter a Passcode that will secure the app. You can also authenticate for security using a Face ID.
- STEP 4: All the accounts linked to your ID will be available on the app. When making a payment, you can either do it through the app directly or use the app to generate a code to be used somewhere else.
Choose Casino from Recommended List and Make Deposit
First, choose a casino from the list. Sign up for it and make your first deposit through Nordea. Some welcome bonus rewards will most likely be added to your account.
Grab Bonus and Play
With the bonus and the deposited cash in your account, you’re ready to start playing. Go ahead and play your favourite games as much as you like!
General Information about Nordea Payment System
Details and How Nordea Works
Nordea is not an e-wallet or prepaid payment method. Rather, it is a fully-fledged financial platform that acts as an intermediary. You can use a credit card, a direct bank transfer or local payment methods such as Swish, Vipps and Siirto, which are mobile payment apps exclusive to Sweden, Norway and Finland respectively.
Users get a list of codes. They can make a payment from any supported bank through Nordea’s Netbanking system and use a code to authenticate.
Fees and Commissions
Nordea does not impose any payment fees on users. On merchants such as an online casino, a one-time fee and/or per-transaction fees may be levied for both deposits and withdrawals. It is possible that the casino will pass a part of the fees back to the user.
Deposit and Withdrawal Time
Deposits and withdrawals are generally instant. However, there is still some processing time at both ends. For instance, if you use Nordea to deposit to your bank, the bank will still take a few days to process it and then update your balance.
Similarly, withdrawing from a casino will take several days as they have to confirm everything.
How to Deposit Money using Nordea
Time needed: 8 minutes
Here is how to deposit money through Nordea’s Netbanking.
- Visit the casino
Visit the casino and sign up or log in. Go to the ‘Deposit Money’ section of your account page.
- Select amount
Choose how much money to deposit. Select Nordea as the payment method. In some casinos, it will be named ‘Netbanking’ instead.
- Enter ID and code
The Netbanking portal will open on a separate page. Enter your ID and a payment authentication code. Remember, you can get the code from the physical card or the Nordea Codes app.
- Play and fun
The money should appear in your casino account momentarily. If it does not, contact the Casino’s customer support.
How to Withdraw from Casino using Nordea
Nordea’s Netbanking cannot actually be used to withdraw funds from an online casino. It processes deposit payments from Users to Merchants only.
So, for a withdrawal, you will have to use some other method. You could withdraw directly to your credit card or bank account, or go with some other option.
Pros and Cons
Before deciding to use this payment method, you should weigh the advantages and disadvantages. They are summarized here.
Pros:
- Nordea supports almost all banks and electronic/mobile payment methods in Sweden, Finland, Norway and Denmark.
- Extremely secure due to unique authentication codes used every time.
- Free to use for all customers.
Cons:
- Cannot withdraw!
- The registration process for Nordea is slow and takes several days.
Final Thought about Using Nordea at Online Casinos
Nordea is considered a universal payment gateway in Nordic countries. Plenty of people make daily payments at online shops and for bills through it. If you are one of them, then you’ll probably find it convenient to pay at your favourite online casinos through it as well.
Since Nordea requires a different payment authentication code each time, it is very secure. It reduces the hassle of managing multiple bank accounts, credit cards and e-wallets. If you live in one of the four countries it supports, we definitely recommend using it.
Frequently Asked Questions
No. It is completely free to use for customers. Some charges may apply due to the bank or the casino, however. So, keep an eye out for those.
Since Nordea does not support withdrawals or Merchant-to-User payments, you will have to use a different method like a Bank Transfer or Credit Card to get your winnings.
It is accepted at the majority of casinos that are based out of the Nordic countries or have a focus on supporting those countries.