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Online casinos are incredibly popular in Sweden, and it’s considered one of the biggest gambling markets in the world. Because of this, Swedish players aren’t short of choices when it comes to where to pay or which deposit method to use. As a result, the number of options can become overwhelming, and online casino fans may wonder which payment method is best to use.
This guide focuses on one online casino payment platform - PayLevo. It’s one of many available in Sweden, it is unique, and there’s nothing else like it. So keep reading for everything you need to know about PayLevo and find a list of the best PayLevo casino sites, tried and tested by experts.
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| Rank | Casinos | Rating | Bonus | Safe Link |
|---|---|---|---|---|
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PayLevo was founded in 2012 but under the name Kriita AB which may be the more familiar brand to some. Its headquarters are based in Stockholm, Sweden, and the casino payment method is also accepted in Norway and Finland. PayLevo is incredibly popular amongst those that know about it, but the company's lack of marketing has stunted its growth in the market.
There is so little information about PayLevo that it’s hard to give you the complete picture. For example, the website says: ‘We make invoicing easier for both customers and businesses in Europe’ - but that’s about it.
One incredibly unique thing about PayLevo is how it works. Everything works on the invoice, so you deposit into a PayLevo casino site and pay later. With this comes credit checks, KYC, and a longer registration process than you would see with other payment methods.
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You will be subject to a credit check before using PayLevo to deposit into a PayLevo online casino. This is because of the buy-now-pay-later structure. This means that you will need to provide more information than before making a deposit. Follow these instructions to deposit using PayLevo:
- Find an online casino that accepts PayLevo. Unfortunately, there are only a few of them, and they can be quite hard to find. The good news is that this page has a list of the best PayLevo casino sites, making your life much easier.
- Create an account with the PayLevo casino and head to the banking section to make a deposit.
- Select invoice as your chosen payment method, then select PayLevo. You will then be asked to enter how much you want to deposit.
- Confirm your identity through your mobile phone and a code sent via text message. In addition, you will be prompted to enter your name, social security number, phone number, and email address.
- The credit check result will appear, and if accepted, you can now follow the instructions to finalise your deposit.
Note: You will receive an invoice from PayLevo shortly after your deposit which must be paid within 20 days. Any late payments can impact your credit rating and result in more charges. Keep reading to find out more about the fee structure.
PayLevo Deposit Fee
As we have already touched on, PayLevo is unique. It’s a different way to deposit, and so, unsurprisingly, it also has a different fee structure. Instead of a percentage of the deposit amount, the PayLevo fees are fixed and are marketed as ‘administration fees’.
The deposit fee for each invoice deposit at a PayLevo casino is SEK 29, which is around 3 euros. This isn't too bad if you’re making a large deposit, but these charges can quickly add up if you make smaller and more frequent deposits.
It’s also worth noting that the PayLevo online casino may also charge a transaction fee for supporting the invoicing option. Read the terms and conditions before you play at a PayLevo casino site to understand how much it will cost you.
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Unfortunately, you cannot withdraw with PayLevo; it doesn’t have a specific withdrawal speed. If you deposit using PayLevo, your only option is to withdraw back to your bank account if you have winnings.
The obvious downside is that bank transfers are often the slowest withdrawal method. You could be waiting up to five days to receive your funds, which is significantly longer than e-wallets or even credit cards. So do not expect a fast withdrawal when depositing with PayLevo, and if that’s important to you, then PayLevo casino sites may not be suitable.
If you make your first withdrawal with an online casino that accepts PayLevo, you must complete KYC. This involves submitting additional identity verification and can slow things down further. The good news is that this only happens once, and your subsequent withdrawals will be faster.
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Although you cannot withdraw with PayLevo, you still want a fast-paying casino site. We tested each PayLevo casino site to check which was capable of processing bank transfer withdrawals the fastest. Here are the winners:
| No. |
Online Casino | PayLevo Deposit | PayLevo Cashout |
|---|---|---|---|
| 1 | Vulkan Vegas Casino | Yes | N/A |
| 2 | Bet365 Casino | Yes | N/A |
| 3 | 22Bet Casino | Yes | N/A |
| 4 | 1XBet Casino | Yes | N/A |
| 5 | Casumo Casino | Yes | N/A |
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PayLevo has obvious advantages, but it’s not for everybody. Here’s a list of the pros and cons of using PayLevo casino sites:
- Flexible payments with 20 days to pay your invoice
- Low credit and admin fees for the service
- Affordable credit limits to stay in control
- Gambling on credit isn’t for everybody
- It’s only available in a few countries
- There is still a shortage of PayLevo casinos
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Casino bonuses are a huge part of what makes online casinos so popular. They are used to attract new players, keep old ones, and stay ahead of the competition. So there’s no denying that many of us are looking for new PayLevo casino sites to take advantage of a bonus.
The bad news? PayLevo is one of the many payment methods typically excluded from casino bonuses. Because of the sheer nature of the service and paying by invoice, the PayLevo site would avoid giving out bonuses on these types of deposits. You may get lucky and find one or two, but expect not to avoid disappointment.
If you’re looking for a casino bonus, you can still use the PayLevo online casinos listed on this page, but you must choose an alternative payment method. Popular methods like Visa, Mastercard, PayPal, Neteller, and Skrill are usually accepted.
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PayLevo is one of the harder payment methods to get support from and is one of the areas it needs to improve. There is no live chat functionality, and so the only option is sending an email or using the telephone line, which is hardly ever open. Here are the details you need:
- Sweden: +46 10 199 72 88
- UK and Finland: +44 20 399 105 28
- Email: [email protected]
Getting a response via email can take up to 3 days, so if you need urgent help, the telephone line is your best bet. There is also a message form on the website, but this would be the last choice of contact.
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The truth is that PayLevo is one of the only payment methods globally that allows you to gamble on invoices. This means that there aren’t many similar payment methods. Thankfully, there are some excellent alternatives if you can’t use PayLevo. These include e-wallets and other payment platforms. Check them out below:
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Best Klarna Casino Sites in 2024See All Klarna Casinos
Klarna offers a simple and secure way to deposit funds, but cannot be used for partial payments.
Klarna is supported by 286 casinos
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Best Neteller Casino Sites in 2024See All Neteller Casinos
NETELLER is an ewallet that includes high security and mobile convenience, great for on the go.
Neteller is supported by 1776 casinos
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Best Skrill Casino Sites in 2024See All Skrill Casinos
Skrill is a convenient eWallet to transfer funds online, with instant payments and high security.
Skrill is supported by 1818 casinos
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Top PayPal Online Casinos for Real Money in 2024See All Paypal Casinos
PayPal is a fast and convenient ewallet, available in many different countries worldwide.
Paypal is supported by 756 casinos
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Our experts have vetted each online casino that accepts PayLevo listed on this page. This means that they are guaranteed to be safe and secure, and all hold valid gambling licenses. Therefore, you can play at our recommended PayLevo casino sites in confidence.
If you’re wondering about the security of PayLevo as a payment method, you have nothing to worry about. PayLevo is registered by the Swedish Financial Supervisory Authority and is regularly audited for best financial practices. The platform also uses two-factor authentication, where users have to jump through several hoops to very their identity before making a deposit.
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The most important thing to remember when using PayLevo to gamble is essentially borrowing the money. Like making a purchase on a credit card and paying it back later, PayLevo works the same way. This means that it can be very easy to fall into debt when using PayLevo, and this should be considered before opting to use a PayLevo casino site.
On the flip side, paying an invoice can be very convenient. It saves you from having to remember your card details or logging into your e-wallet every time, and this is why many players opt to use it.
The minimum credit amount given by PayLevo is SEK 50, which is around 5 euros. This could be below the minimum deposit amount set by the PayLevo casino. The maximum credit is SEK 3,000 (about 300 euros). You won’t know what you can borrow until you sign up and PayLevo conducts a credit check. Consider fees when depositing with PayLevo.
PayLevo is currently only available in Sweden, Norway, and Finland for gambling. So, unfortunately, if you live outside of these countries, you cannot use it. However, if you’re lucky enough to be within this jurisdiction, you can benefit from all of the perks of PayLevo. These include 100% safe and secure transactions and up to 20 days to pay for casino deposits.
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PayLevo AB is registered with and audited by the Swedish Financial Supervisory Authority. Registered address: Mäster Samuelsgatan 42, 111 57 Stockholm, Sweden
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Still unsure about PayLevo casino sites and how they work? Read our FAQs below.
Can I use PayLevo at online casinos?
Yes, PayLevo online casinos specialize in accepting this payment method. All of the casinos listed on this page accept PayLevo deposits.
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No, PayLevo is not free to gamble. You will pay a SEK 29 administration fee for credit, and the casino may also charge a fee.
Which countries accept PayLevo?
Currently, PayLevo is only available for gambling in Sweden, Norway, and Finland.
Reviewed by Julia Attard
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