Swish was there before Apple and Google Pay arrived at the market. And today, the pioneering mobile payments service claims to simplify the life of 7 million Swedes that use Swish, which is as much as 70% of the whole country's population!
Interestingly enough, this number is close to the percent of residents who gambled in the past year — 66%. Quite likely, many of these people have done both things. Maybe that's exactly why online casinos with Swish payments are so popular in Sweden.
Swish is not quite like Apple Pay. In Apple Pay casinos, you quickly confirm the payment with your fingerprint. Even though Swish as a casino payment method is used a bit differently, it's equally handy. If you want to buy something online or to make a deposit in a Swish casino, all you need to have at hand is your mobile number.
The only question remains: how to choose a fair and reliable Swish online casino? Check out our list of casinos with Swish, all reviewed and rated. But before doing this, you can learn more about:
- Swish history
- Swish pros & cons
- How to use Swish
- Choosing a Swish casino
Swish history and expansion
Swish was launched on December 12, 2012, by six largest Swedish banks: Danske Bank, Länsförsäkringar, Handelsbanken, SEB, Nordea, and Swedbank. The Central Bank of Sweden also took part in the creation of this payment system. The service has been free for individual users since its early days, so many Swedes started adopting it from the very beginning.
In 2013, Swish received a "Mobile Payment of a Year" award on the annual national event called Guldmobilen. The next year, Swish became available for companies and organizations. Businesses, however, pay a yearly fee and are charged a small percentage of each payment received. Being a for-profit business, any online casino with Swish will have to pay for it, but you, as a client, won't be charged for any money transfer.
Note: Most transactions that are now handled by Swish used to be cash-based. So, instead of only improving existing card payments, Swish also led physical payments out to a principally new dimension. Swish's rapid growth may be among the harbingers of a future cashless society in Nordic states, most of which adopted similar mobile payment systems.
A huge step forward was made in 2016 when Swish rolled out a mobile payment system for eCommerce, facilitating transactions for both retail brands and their customers. A bit later, Swish introduced a QR code function: now you can scan a QR code with your camera, confirm the payment, and buy anything in a physical store that accepts Swish.
Pros and cons of Swish as a casino payment method
For casino players from Sweden, Swish is currently the fastest and most convenient payment method. It takes no longer than 1 minute to make a deposit. After doing this, you'll instantly have funds in your casino account.
The withdrawal time frame varies from casino to casino, but it's still faster than a card or a wire transfer overall. Each transaction is processed in real-time, according to the official website of Swish mobile payments. As we mentioned above, you won't have to pay any fee for depositing or withdrawing funds from your account at a Swish online casino.
Despite its speed and simplicity, Swish is highly secure. Its payments are based on Mobile BankID and also reinforced by your bank security measures.
The only disadvantage of Swish casinos is that Swish payments are available only to Swedish players, and all players from other countries will have to choose another payment method to make a deposit.
How to use Swish in online casinos
You have to reside in Sweden and have an account at one of the Swedish banks that supports Swish payments. Even if you have a foreign mobile number, some banks allow using foreign mobile numbers for Swish.
If you match this description, you need to download the Swish app and register using your Mobile BankID. Then, choose an online casino that accepts Swish deposits and sign up. Choose Swish as your payment method and confirm the deposit with your Mobile BankID. In a couple of seconds, funds should arrive at your online casino account.
If you decide to withdraw winnings from a Swish casino, follow a similar scheme by visiting the casino's withdrawal page and selecting Swish as your withdrawal method.
How to choose the right casino that accepts Swish deposits
All the best Swish casinos are gathered in our 'Recommended' tab. These casinos offer good-quality services along with interesting bonuses and an excellent selection of online casino games. That's the easiest way, taking into account that our website automatically adapts the casino list to your geolocation, so if you are in Sweden, you now only see Swish casinos available for players from Sweden.
It's possible to add extra filters to your sample of Swish online casino websites. For example, you can filter out casinos by the game provider, withdrawal limits, currency, and much more. So, you can look for Microgaming casinos or casinos with no deposit bonuses that accept Swish at the same time.
If you want to see all casinos available in our list of Swish casinos, open the 'All' tab. There is also a 'Newly opened' tab with casino websites that emerged only recently and therefore may have interesting promotions for players who sign up now.
In case you don't know how online casinos work and the best way to pick the right website to play at, take a look at the 'how to choose an online casino' article and figure this out.