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As a country and region-focused payment provider, there aren’t that many Brite casinos online. Casinos that accept players from Sweden, Norway, and Finland will likely accept Brite payments too. The great news is that casino sites that have Brite on their banking pages are top-tier brands. LeoVegas is one of them. If you are a seasoned player, the casino needs no special introduction.
However, if you are a beginner, read Casinibloke’s detailed review of LeoVegas to meet the “casino king.” Casinobloke believes that Brite will gain more traction among online casino providers in the near future. So, he promises to keep an eye on it and update the list with new brands as soon as he finds them. In the meantime, you can take a look through our list of best online casinos supporting deposits and withdrawals with Brite.
Company Name:
Brite
Headquarters:
Stockholm
Established:
2019
Brite AB is a fintech company based in Stockholm. The company prides itself on its cutting-edge technology and calls itself a second-generation fintech challenger. So, what does this mean exactly? Brite was founded in 2019 by a team of experienced professionals who were well-versed in developing “first-generation” fintech solutions. The first fintech “wave” includes companies like Trustly, Klarna, SOFORT, Qliro, and Tink, to name a few. These European financial success stories prove that the team behind Brite knows precisely what the iGaming market needs and how to deliver it. So, as they say, they’re working on creating advanced digital payments that will be more accessible and affordable. Sounds great, right.
Brite is an open banking first company that provides a custom-built platform designed to simplify account-to-account payments via dedicated open banking APIs. Open banking is a financial service that allows banks to share their APIs with third-party fintech companies. The service is regulated by PSD2 (Second Payment Service Directive) adopted by European Parliament in 2015. The new rule came into force in 2018, aiming to promote innovative digital and mobile payment solutions.
Open banking enables third-party developers to offer tailor-made payment services to account holders. The financial service providers are authorized to access your banking data, allowing you to choose the best financial services from different banks through a customer platform. In other words, you’ll be able to have a complete overview of the finances on a single platform. In short, Brite is leveraging the power of open banking.
However, to access banks’ APIs, the third-party service must obtain a PSD2 license from the relevant national financial authority. Brite AB is, therefore, regulated and supervised by the Swedish Financial Supervisory Authority. It also complies with the Swedish Payment Service Act and PSD2 EU Directive. In other words, Brite is authorized to provide payment services across the EU/EEA.
Open banking services streamline financial processes, making it easier and quicker to pay bills, send money and shop online. Brite is one of these digital gateways utilizing direct access to your banking data. You don’t need to register an account, as all transactions are carried out on your online banking portal. The only thing you have to do before you decide to pay with Brite is to check if your bank supports the service. Some of the banks that collaborate with the company are Nordea, Danske Bank, OP, Aktia, and POP.
Brite helps you manage your everyday finances from a single login, enabling real-time online transactions via bank transfers. From an online casino player perspective, it means instant deposits and super-fast withdrawals. To conclude, Brite provides a superb service available at online casinos in Sweden, Norway, and Finland.
So, now that you’ve learned more about the company and the technology it uses, it’s time to visit your preferred casino “destination.” Brite deposits are quick and easy. Just log in to your casino account, go to the deposit page and look for Brite. Select it as a deposit method, enter the amount you want to transfer, and you’ll be redirected to choose your bank. Log in with your standard online banking credentials, and confirm the payment. That would be it.
As for withdrawals, we can copy-paste the previous paragraph. In other words, the procedure is the same. Only this time, you need to visit the withdrawal section. Again, enter the amount you want to cash out, click Brite, and log in to your eBanking.
The answer is – yes. Brite allows you to cash out winnings as it acts as a 2-way payment gateway. You only need to select the bank you wish to deposit the funds to. You will then be redirected to your secure online banking environment to finalize the payment. And, that’s it.
Online casinos that accept Brite payments have no deposit and withdrawal fees. The service is also completely free to use. However, your bank may apply small processing fees when handling deposits and withdrawals via Brite. The best way to learn if the bank will charge you any fees, it to visit it and ask. Also, be aware that Brite supports three currencies: EUR, SEK, and NOK. As a country and region-specific solution, it has no conversion fees whatsoever.
We’ve already said that Brite is a payment gateway that facilitates instant payments from your bank account. So, when it comes to timeframes linked to Brite transactions, they are lightning-fast. Deposits are processed within minutes, allowing you to start wagering at once. Withdrawals are also swift, with payments carried out immediately. However, be aware that some casinos may impose a mandatory pending period that may vary between few hours and 48h. Brite enables real-time withdrawals, but if an online casino doesn’t support instant withdrawals, you’ll need to wait a bit before the funds reflect in your bank account.
Brite provides 24/7 customer support via email and web form. If you have any doubts or face any issues with Brite payments, send a message to [email protected]. Or, visit the official website, and click the “Support” tab in the top right-hand corner. You can select to reach out using an online contact form. Enter your name, email, phone number, and question. The support team agent will get back to you within a business day. Unfortunately, there is no live chat. But, the support page has an FAQ section.
Online casino players from Sweden, Norway, and Finland should definitely try out Brite as both deposit and withdrawal methods. The only requirement you need to fulfill to use the service is to have a bank account at a bank that cooperates with Brite.
Brite is a payment gateway or a middleman that opens the “door” between your bank account and online casino. As such, it doesn’t process the payments or shares any sensitive data with e-merchant. All transactions are carried out on your secure banking platform. So, Brite acts as a shield. It prevents online casinos from getting access to your bank account number or any other sensitive information.
Finally, Brite deposits and withdrawals are super-fast. You can access your funds right away and start playing your favorite games in minutes. If you’re lucky enough and need to pay a visit to the withdrawal page, the money will be instantly transferred to your bank account. Do you need more reasons to use Brite? We didn’t think so either.
