Every online casino player knows there are lots of payment methods that promise seamless transactions, both locally and globally. Noda pledges to take your experience to an entirely new level. The open banking system facilitates easy and fast payments and deposits, and more and more players accept it.
Noda also caught our attention, and we thought this payment method deserves a detailed review. That way, you can learn more about it, see how it works, and ultimately, decide whether it is the right option for you.
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Noda is a UK-based payment solution created to provide a seamless online banking experience. It is regulated by the UK Financial Conduct Authority and works with more than 500 banks in the country. The service acts as an intermediary, enabling users to carry out transactions with their bank account or credit and debit cards.
Noda is a relatively new name in the business, as it debuted in 2020. However, it didn’t take long to show its potential. By mid-2021, the service had expanded to more than 10 countries in the EU. A year later, Noda Pay inked a partnership deal with FINTRAC, which should help it enter the Canadian market.
Although initially launched in the UK, Noda is today widely available across the EU (Germany, Austria, Belgium, the Netherlands, Ireland, Spain, Portugal, France, Luxembourg, Norway, Denmark, Sweden, Finland, Estonia, Latvia, Lithuania, Poland, the Czech Republic, Romania, and Bulgaria.) However, the company’s plans include expansion to Australia, Canada, and various Asian markets. Partnering with FINTRAC should help Noda increase its footprint in North America.
The best part about using Noda is that it doesn’t require opening a dedicated account. You only need an account at one of the supporting banks or a credit or debit card. It shouldn’t be a problem, as the payment method partners with some of the biggest banks in the market, such as UBS, Santander, and Deutsche Bank.
How to Deposit With Noda?
To deposit with this payment method, you must first join an online casino supporting Noda Pay. After logging into your account, go to the Cashier page and pick Noda Pay as your deposit option. The next step is to choose your bank from the list of available financial institutions. As mentioned, it shouldn’t be a problem since this solution works with more than 500 banks.
Once you choose Noda, enter the required information, and choose the amount of money you wish to deposit. The process is simple and takes not more than a minute to complete.
How to Withdraw with Noda?
In addition to being an excellent deposit method, Noda can be used for cashing out casino winnings. The process is similar to depositing. Go to the Cashier page, and choose Noda as a preferred option. Enter the amount of money you wish to claim, and submit your withdrawal request.
Transfer Times, Fees, and Security
Noda deposits are fast, allowing you to start enjoying online casino games in no time. On the other hand, withdrawals may take longer, as your chosen online casino has to approve the transaction first. Fortunately, once the payout is confirmed, the funds should arrive in your bank account within 15 minutes.
Noda incurs no additional costs from depositing or withdrawing at online casinos. And while the service is free, remember that your bank and online casino can charge a certain fee. We suggest checking their terms and conditions beforehand.
When it comes to safety, the payment provider relies on 256-bit digital encryption to keep all transactions secured and the personal information of its users protected.
The company is overseen by the UK Financial Conduct Authority, and with over 500 banks on its partner list, it is clear that Noda is a reliable and trustworthy name.
Noda Pay’s modern internet site offers plenty of information about its service. If you have any questions, you can find additional details and the advantages it offers.
The Get Support page provides even more information. The site also features an FAQ page. To get in touch with the customer support team, you can use email, Skype, and Telegram.