Trustly is a financial technology company owned by Trustly Group AB, which provides a secure way to make online payments directly from your bank account. The company was founded in 2008 with the aim of making online banking more convenient for users. Trustly, formerly known as InstantBank, is registered in Sweden and its main office is located in Stockholm.
Trustly is currently available in 29 countries around the world. In this regard, there are a large number of online casinos that offer to use Trustly for deposits and withdrawals. If you have a bank account with one of the partner banks of Trustly, youwill have to decide on the choice of one of the best online casinos of Trustly and start playing.
Trustly Group AB strives to make online banking instant or at least as fast as possible. Bank transfers are usually processed within a few days, while payments via Trustly in most cases are made instantly.
You can start playing for real money as soon as you top up your casino account, and with Trustly it’s both quick and easy to do. When making a deposit, specify the amount you want to add to your player account.
Then, you will be offered a selection of banks available in your country and you will need to choose your bank. Please note that some banks may not be available, despite the fact that Trustly has a very wide range of banking institutions with which it cooperates.
Next, you will be required to enter the same data that you enter when logging into your bank’s Internet banking system. This allows you to make a bank transfer without leaving the casino website.
- Go to the casino “Cashier” section and select Trustly as the payment method, after which you will be redirected to your bank’s page;
- Select your bank and fill in the bank details as usual;
- Enter the amount you want to deposit and confirm the details of the account from which it will be withdrawn;
- Once all the steps are completed correctly, the deposited amount will appear on your player account within a few moments. And you can start playing casino games.
Trustly is one of the payment methods that does not charge a transaction fee. However, online casinos themselves may charge service fees to players who use Trustly as a means of payment.
- Before you register with your bank, check whether it will charge a commission for any transactions made using Trustly.
- In addition, all online casinos indicate on their website the available payment methods and commissions associated with transactions using them.
Casinos that allow you to make deposits using Trustly will also allow you to withdraw money in the same way. To withdraw funds from an online casino, you will need to follow a few simple steps.
- Go to the casino “Cashier” section and select “Withdraw money” using Trustly;
- Specify the amount you want to withdraw, confirm it, and it will be credited to the bank account that you linked to the service;
- Transfers are processed instantly, but check in advance whether there is a certain deadline for processing withdrawal requests in the online casino, as in some cases it may take more than a day;
- Check your bank account to make sure the money is received.
One of the advantages of using Trustly as a payment method is higher withdrawal limits and immediate processing of the request. Depending on your bank, withdrawals can take anywhere from a few minutes to 72 hours. The withdrawal rate of Trustly depends on how long it takes to transfer funds to your chosen bank account.
Using Trusty in an online casino also has its advantages and disadvantages. This payment method is convenient and available in most online casinos, but it also has some disadvantages, let’s look at them.
- Fast transactions
- No additional fees
- Available in many online casinos
- Pay N Play
- Available not everywhere
- The bank or casino may charge additional fees
- No personal account
Pros of Trustly
Unlike other payment methods, deposits and withdrawals of Trustly funds are carried out very quickly. Do consider the processing time of the casino when withdrawing funds.
No additional commission
Trustly does not charge a commission for transactions to and from casino accounts.
Available in many online casinos
Trustly Casino is a well-known and popular payment method, as it was developed taking into account the interests of online casino players, in order to make payments fast and secure. Trustly payments are available in the best online casinos in Latvia and theEU.
Pay N Play
Pay N Play allows players to instantly play their favorite games. Trustly integrates the deposit and registration processes to make your online casino experience truly seamless.
Cons of Trustly
Available not everywhere
Trustly is available to EU citizens who have a bank account with one of Trustly’s partner banks. This limits the ability of players from other regions to use the Pay and Play payment solution offered in many online casinos.
The bank or casino may charge additional fees
Although Trustly does not charge a commission for its services, the bank or online casino you choose may charge a commission if you use this payment method to deposit or withdraw funds. When choosing a payment method, always check whether it is not subject to a service fee.
No personal account
You are not required to register and create an account, but some people consider it a disadvantage. You don’t have a personal account where you could track your payments using Trustly. This means that you will also not be able to check your payment history.
You won’t find an online casino that doesn’t offer casino bonuses. With alternative payment options like Trustly, you can get even more bonuses. Some online casinos offer special bonuses when registering and depositing funds using Trustly.
Trustly Customer support is available on their website in the “Customer Support” section. You can contact them using the contact form on their website, via chat or by calling the specified number.
The site also has a section of frequently asked questions in which you may be able to find the answers you need.
Trustly uses the same protection methods as banks, so it is very safe to use it. Trustly is licensed by the Swedish Financial Supervision Authority to provide payment services and uses the highest level encryption technology. In addition, the company has PSP and PSD licenses, so players can be sure of the security of their transactions.
Most Trustly casinos do not charge any additional fees when making a deposit or withdrawing funds. However, it is always worth checking the information on the website before subscribing to the service and using Trustly.
Although Trustly is a widely used payment method in Europe, there are a number of countries where gambling is popular, but players cannot use Trustly, for example, Australia or the USA.
Currently, Trustly is accepted in 29 European countries. These include Austria, Belgium, Denmark, Estonia, Finland, Germany, Ireland, Malta, Netherlands, Norway, Poland, Portugal, Spain, Sweden and the United Kingdom.
If for some reason you cannot or do not want to use Trustly for deposits and withdrawals at the casino, you can try, for example, Rapid, Neteller or Skrill, which are similar payment methods.