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MiFinity in Norwegian Casinos
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Considering MiFinity is one of the most used eWallets across the online gambling industry, it should come as no surprise that Norwegian players love using it, too, across the many legit sites at their disposal. The online gambling industry in the country is going through changes, as you will soon learn, but still, Norwegian players are choosing this global eWallet over any other whenever they wish to make smooth deposits and withdrawals. The reasons for that are plenty, and we’ll take you through each and every one of them, so make sure you stay with us to learn more about the solution and the current situation with online gambling in Norway. What is MiFinity and why choose it as your payment solution across Norwegian online casinos?
Online Gambling Regulation in Norway
There are plenty of things that would inspire you to visit Norway, like its beautiful landscapes and mesmerizing nature, but among those things, you also have gambling. Considering Norway has been offering a legal land-based gambling scene since 1902, gambling has been enjoyed by every second, if not every single Norwegian ever since the Gaming Scheme Act was introduced. However, not the type of gambling you would expect. Namely, only lotteries and games of chance were allowed.
The state monopoly in the industry was established with the introduction of the 1927 Totalisator Act, giving the Norsk Riksoto the right to be the only operator to offer horse racing betting. Norsk Tipping AS got exclusive rights to operate sportsbetting and lottery in 1992, with the Gaming Act, and in 1995, with the regulation of the Lottery Act 1995, slots were introduced. In 2007, however, slots were banned again, because as soon as they were installed in cafeterias, pubs, and grocery stores, there was an insane rise in gambling addiction, so the Ministry of Church Affairs and Culture banned them.
Then, something else happened. Online gambling started getting more and more popular, and that’s why Norway decided to legalize it, too, putting again Norsk Riksoto and Norsk Tipping in charge of the offering. So, while theoretically legal, online gambling in Norway is still monopolized. Offshore online casino sites are banned, and players are not allowed to frequent them. Unlicensed operators that continue catering to Norwegian players are severely punished if caught, and with the 2010 Payment Act, Norway even forbade banks to allow customers to use bank-issued cards for online gambling purposes. In 2019, Norway’s pension fund banned investment in gambling firms, which only further confirmed the country’s intentions to root out gambling harms.
Nevertheless, despite the country’s efforts in eliminating illegal online gambling, Norwegians are still finding ways to access international online casino sites. They love the fact that they can play games designed by the likes of Play’n GO, Games Global, and Playtech, ergo, try slots, table games, instant win titles, and even Live Dealers titles. Even though the government doubled down on IP blocking, Norwegian players still manage to go around the blocks and find ways to gamble across offshore sites. And even though banks are not allowed to process online gambling transactions, Norwegians use alternative payment solutions for their deposits and withdrawals, their preferred being eWallets.
One eWallet that certainly is a hit with Norwegian online casino players is the leading digital wallet MiFinity. This global solution allows them to use their native currency, the Norwegian krone, for their transactions, all the while keeping their transactions safe and away from their bank account statements. With it, no online gambling transaction is recorded on a bank statement, even though the eWallet can be funded with bank-related methods.
Not only that, but the eWallet is offered across most, if not all online casinos that cater to Norwegian players, so it also gives players the chance to pick out from a huge pool of sites to join. And due to its popularity across the online gambling industry, it continues to improve solutions for payments by partnering with top gambling firms. There’s more to it, and if you continue reading, you will find out all of the important things about this amazing eWallet.
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Using MiFinity Across Norwegian Online Casinos
You’re probably wondering why is MiFinity as popular among online casino players when there are so many great eWallets out there. Well, that’s because it was one of the first alternative solutions to allow users to make transactions in both fiat and digital currencies. Sure, many followed suit, but this eWallet showed users how convenient and true to innovation it is, giving them complete freedom when it comes to online banking.
Offered in more than 170 countries today, including Norway, of course, the solution broke records when it comes to popularity. The fact that it offers the Money Express remittance and is certified by UnionPay only further strengthened its offering, and the fact that it is authorized by the FCA further proved how safe and reliable it is. The solution continues partnering up with new giants on the financial scene to keep offering fresh functionalities and products to users and is even offering more ways in Norway for seamless payments. It continues presenting new innovative features that only further facilitate online transactions, and that’s why it is perfect to be used across online casinos.
The fact that it supports over 17 fiat currencies, the Norwegian krone included, and various digital currencies like Bitcoin, is what makes it the ideal solution for you as a Norwegian player. Whenever you want to switch from krone to, say, Bitcoin, you can do so, and your online gambling will be as smooth as it gets. Therefore, if you wish to give it a go, make sure you follow our lead.
To start using it, you must first create your eWallet account. You can do that by visiting its official website, or by visiting Apple App/Google Play Store to download its app. If you go with the browser version, press the Sign Up button, and if you go with the app, download and install it on your device. Either way, the next thing that will happen is a registration form will appear. You will need to fill it out with the required personal details and then create your credentials. Verify your identity and with that, the eWallet is ready to be funded.
To link a payment method, you would need to first check out all of your options. In addition to cryptocurrencies, as mentioned, you can use many payment methods to top up your eWallet account. MasterCard/VISA cards, SEPA bank transfer, Giropay, Klarna, and Trustly are just some of your options, so make sure you select the one that would work best for you, depending on the fees it charges, as displayed on the Fees page on the official website.
Assuming you already went through all of these steps, it’s time you give MiFinity a try at your favorite Norwegian online casino. Hundreds of sites that accept MiFinity also accept Norwegian players, therefore, you certainly have options to consider before joining the site that suits you most. Follow our lead, as in the next section, we’ll tell you exactly how the process of getting started with the eWallet across Norwegian online casinos will go.
Deposits and Withdrawals with MiFinity
There’s no point in repeating how popular MiFinity is across Norwegian online casinos, so let’s cut to the chase: the first thing to do here is select a few sites you come across that offer the eWallet and cater to Norwegian players. As you narrow down your list, focus on sites that offer your favorite game type and have rewarding bonuses you could claim. The minute you find the site that’s just right for you, register an account with it.
To register your player account, you will, again, need to disclose some personal info. As soon as your account is ready, to fund it with MiFinity, you will need to go through the following steps:
- Access your player account and find the Payment Methods/Banking page.
- On the list with Deposit Methods, search for MiFinity.
- Select it and in the pop-up, enter your eWallet account using your credentials.
- Set the amount you wish to deposit and confirm.
- The money will reach your balance in aninstant.
Withdrawals with MiFinity are as effortless and as fast, processed immediately after the withdrawal request has been approved by the operator.
You basically need to repeat these steps, only for withdrawals, you’ll need to search for MiFinity on the list of Withdrawal Methods, and in step 4, set the amount you wish to cash out. The operator takes it from there, taking a few minutes up to 48 hours to review and hopefully approve your request. But rest assured that the minute you get the approval, the funds will immediately land on your eWallet account.
Conclusion
As a Norwegian player, you will benefit greatly from choosing to use MiFinity as your payment method across online casinos. With it, you will avoid getting your online gambling transactions recorded on your bank statement, for one. Two, you can make transactions in your local currency, the krone, AND in cryptocurrencies. And three, the solution is offered across most, if not all, online casinos that cater to Norwegian players. So, do not miss out on your chance to give it a go the next time you join an online casino!
FAQs
Is online gambling legal in Norway?
Yes, online gambling is legal in Norway but it is entirely monopoly-based with two operators having control over the entire offering. Offshore online casino sites are blocked and players are advised against joining them.
Can Norwegian players get in legal trouble if they play across international online casino sites?
While the authorities block the IPs of international online casino sites and even punish operators that continue catering to Norwegian players, there are no such records of players getting into legal trouble for frequenting international online casinos.
Will I find many Norwegian online casinos that offer MiFinity?
Yes, you most certainly will! The solution is really popular across the online gambling industry, so basically every second, if not every single online casino that caters to Norwegian players offers it. Hundreds of sites will be at your disposal, so just choose the one that would work for you best.
Does MiFinity offer Customer Support?
Yes, it most certainly does. There's an on-site contact form where by sharing your name, phone number, and email, and typing in your message, you will get in touch with its Support agents, who will get back to you with an answer to your problem as promptly as possible. You can also use the email address [email protected] and explain your issue, and the Support agents will write you back as soon as they have your solution.
Is Bitcoin the only digital currency I can use with MiFinity?
No, there are plenty of others. At the moment of writing, your other options are Bitcoin Cash, Litecoin, Tether, Ethereum, USDC, XRP, Stellar, and DAI. The list of supported cryptos will surely grow in the future, so before you start using the solution, check to see whether any new ones have been added.