WyWallet was a mobile payment service that allowed users to make easy and convenient payments via their mobile phone using SMS technology. The service was launched in 2012 by Sweden's four largest telecommunications companies, Tre, Telenor, Tele 2, and Telia. WyWallet quickly became a popular payment method for online casinos, allowing players to make transactions quickly and easily.

How to Use WyWallet at Online Casinos

Using WyWallet at online casinos was a straightforward process. Players could simply follow these steps:

  1. Surf to the online casino of their choice
  2. Click on the "Deposit" or "Make a Payment" option
  3. Select WyWallet as their payment method
  4. Choose between using funds from their WyWallet account, making a deposit via invoice (with a fee), or using mobile billing (no additional cost)

Fees and Charges

When using WyWallet, players may have incurred some fees for deposits and withdrawals. However, the service itself was free to use, with only the invoice payment option carrying an additional charge of 19 kronor.

WyWallet No Longer Available

Unfortunately, WyWallet is no longer available as a payment method at online casinos. This is due to the company's decision to discontinue the service in 2018. As a result, players can no longer use WyWallet to make payments at their favorite online casinos that accept Swedish licenses.

Advantages and Disadvantages

WyWallet had some advantages, including:

  • Easy transactions via SMS
  • Simple and convenient payment method
  • Lived up to its promise of making mobile payments easy

However, the service also had some disadvantages, such as:

  • The risk of overspending or developing a gambling addiction due to the ease of use and lack of control over spending habits
  • The fact that WyWallet was no longer available after 2018

Alternative Payment Methods

Fortunately, there are many alternative payment methods that players can use today. Some popular options include:

  • Trustly
  • Swish
  • Neteller

These services offer secure and convenient ways to make payments online, without the risks associated with WyWallet.

WyWallet was a unique mobile payment service that allowed users to make easy and convenient transactions via their mobile phone. While it had its advantages and disadvantages, the service is no longer available due to its discontinuation in 2018. Players can still find alternative payment methods that offer similar convenience and security.