Open banking payments network TrueLayer has announced that iconic gaming operator William Hill is now using TrueLayer’s Payments product to enable instant pay-ins and payouts for players in the UK.
Users can now select the Instant Bank Transfer option to quickly pay into their William Hill accounts. Powered by open banking and using instant payment rails, these transactions also allow customers to transfer their winnings directly to their bank account in seconds.
Payments from TrueLayer are authenticated directly with a player’s bank, ensuring PSD2 and SCA compliance as well as significantly reducing the risk of fraud and unauthorised transactions.
Open banking payments facilitate the instant experiences that igaming customers increasingly value. Research from TrueLayer and YouGov shows that eight in 10 European players consider quick payouts important when choosing a betting provider.
