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Swiss casino, Lugano has been boosted by a collaboration with Yaspa, which will see the integration of instant deposits into the venues. 

Through a link with the cardless payment provider, formerly known as Citizen, the casino which is located on the Swiss-Italian border will see the accessibility to funds be elevated for the operator. 

It’s a partnership that will tap into Open Banking tech, looking to reduce the time it takes for transactions to be completed – a key factor in enhancing the overall engagement for the casino. 

James Neville, co-founder and CEO of Yaspa, said: “Open-banking capability is all about finding unique use cases and opportunities to simplify payments for businesses. Partnering with Casino Lugano to solve a real customer problem around making cross-border payments in Europe, in a land-based environment, is an exciting opportunity for us both. 

“It demonstrates the effectiveness of combining local SEPA instant payments with open-banking technology to make processing payments easier for Casino Lugano, while offering a frictionless experience to their customers.” 

Customers of Casino Lugano scan a QR code using their mobile phone from within the casino to be taken directly into their online banking app of choice to make a deposit. Funds settle in seconds and are immediately redeemable from the casino’s cashier terminals.

By using the faster payment infrastructure that underpins open banking, Yaspa enables Casino Lugano’s Italian customers to deposit in real time, without the need to plan bank transfers in advance or pay to withdraw cash. 

Paolo Sanvido, CEO of Casino Lugano, added: “We are pleased to welcome Yaspa as an innovative payment method at Casino Lugano. With Yaspa, we are excited to offer more and more services with solutions that simplify the payment experience for our Italian guests, making the gaming experience even more comfortable. Partnering with Yaspa is a great opportunity to keep adapting to change and fully meet the demands of our customers.”

CasinoBeats Breakdown: This link underscores the potential of Open Banking when it comes to casino and gaming venues, it’s a shrewd move for operators to tap into the tech to elevate efficiency within the user experience it offers.