Terms for PugglePay invoice
Purchases are made through using your personal identification number and payment is made afterwards with an invoice.
Payment time is 14 days
The invoice is sent to your submitted email address
PugglePay invoice works for individuals registered in Sweden. If payment is not made in due time a reminder fee of 50 SEK (and late payment interest rate of 8%) will be added.
At the time of the transaction a credit assessment is made which in some cases is based on an external credit check. In such a case you will receive a copy of such a credit check per mail/e-mail. Your personal data is handled by PugglePay for the following purposes; customer administration, credit assessment, identification and marketing. Your personal identification number also constitutes your customer-ID here at PugglePay and your personal data might be handled outside of the European Union.
Yes, that's it, the ENTIRE terms and conditions for using Puggle Pay
This screams "dodgy" as surely any kind of scheme like this is a credit facility, and they usually come with pages of terms.
When I tried to click through from the casino site, it crashed the browser and I had to use task manager to get out of it. This should NOT happen unless they are doing something more than making a simple image link as the means to access the details for this method.
It makes me think this is a "fake" online shopping facility designed purely to front deposits to the casino, much like the UIGEA dodging Dubai bike shop.
I bet they will hold on to withdrawals based on Puggle Pay deposits for quite some time, as it is at least 14 days before the player has to pay up.
The easiest way to scam this system would seem to be to not pay the invoice on time, but string Puggle Pay along thinking that they will get the money out of you in the end, just with their fee and interest added. Even if the casino (if it has any sense) insists that withdrawals will only be sent back to Puggle Pay, it still offers an opportunity for a "free hit" scam where a player only pays Puggle Pay if they win, but walks away when they lose.
How easy it is for Puggle Pay to chase the money then depends on Swedish credit laws. Here in the UK, it would be unsecured credit, and as such could easily become "bad debt". Unlike a chargeback, the player could claim they just can't pay, and ran up the debt through a loss of control of how much they gambled away because they were able to play on credit. They would not have to pretend their Puggle Pay was hacked in order to get the money back, a dodge used by chargeback frauds who pretend their card got stolen as a means to get out of paying off losing bets.
The only protection Puggle Pay seems to have is that they credit check customers before granting them an account. This is no defense against those tempted to spend beyond their means, or who aim to game the system from the outset.
Credit cards have already shown that they consider gambling transactions are high risk, probably because of the number of bad debts they have had to write off from those who max out their cards on gambling sites, and then can't pay.