IGT launches its cashless payment and collection system IGTPay
After presenting quite positive financial results in the first quarter of the year, International Game Technology PLC ("IGT") has just launched its local cashless gaming technology managed by Swedish public operator Svenska Spel. And it will do so through IGT's INTELLIGEN ™ system product using IGTPay ™ technology.
The recent launch of IGT's INTELLIGEN VLT system on the Svenska Spel allows players to use their mobile device to register and log in to the Video Lottery Terminals ("VLT"). This technology, which is called IGTPay, also allows the option of withdrawing funds directly from your bank account through Swish, a bank-owned mobile payment service widely used in Sweden.
Players simply approve the transfer via their mobile device and start playing their favorite VLT games. This process takes just a few seconds.
"The launch of IGT's cashless product offers our players a reliable, cashless solution that connects directly to the Swish mobile app, helping us drive efficiency while responsibly advancing the player experience," said Magnus Lannersund, Chief Operating Officer, Svenska Spel AB. "IGT has been instrumental in our company-wide modernization with solutions like Quasar VLT, the INTELLIGEN core system, our responsible gaming capabilities, and now through its next-generation IGTPay cashless technology.
"Svenska Spel is at the forefront of innovation with IGT's cashless gaming solution. This innovative technology introduces a contemporary consumer experience to face-to-face gaming in one of the world's most advanced societies," said Declan Harkin, senior vice president and chief operating officer of IGT International.
