Trustly

Trustly at Online Casinos

Trustly is growing rapidly becoming one of the top payment methods in Europe. With its instant payment technology it’s easy to understand why. Trustly is our own number one preferred payment method. This page is an extensive guide about the technology, pros and cons and about Trustly as a company.

Deposit with Trustly at these online casinos
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1Twin Casino Ireland

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Which are the best Trustly casinos?

The best online casinos with Trustly are

  1. Twin
  2. Casumo
  3. Dunder
  4. NoBonus
  5. LeoVegas
  6. CasinoCasino
  7. ComeOn
  8. Jackpot City
  9. Royal Vegas
Trustly Pay N Play

Benefits of Using Trustly For Online Casinos 

Numerous benefits come with using this payment option in online casinos. A few of these include:

  • Anonymity: Many people head to online casinos to play while ensuring they stay private. Trustly encourages this by ensuring you don’t need to input your personal details on online casino platforms. You can play for as long as you want while remaining anonymous. 
  • Fast Payments: One of Trustly’s main feature is the ability to let you make quick withdrawals from your bank. Hence, when you use Trustly on your betting site, you get your payments very quickly; for example, in 5 minutes max, your funds could be transferred to your betting account, and you can finally play your game.
  • Wide Acceptance: Trustly is widely accepted in the world of online gambling. This online pathway has become accepted by several popular sport betting sites. Hence, some give bonuses to those who use it. Some of the bonuses include a welcome bonus, reload bonuses, and free spins.
  • Transfer Funds in Different Currencies: Another benefit of this platform is that you can transfer funds in various currencies, including Euros. Hence, you can easily make an international payment on any betting site you are on.
  • Safe Transactions: Also, with Trustly, your information is safe. Trustly adds many layers to ensure optimal security of your bank account. A password is added to secure your account, and your bank details are also well protected. Trustly is optimized for online use, ensuring you have the best experience while betting.
  • Deposits and Withdrawals are Free:With banks, you can be assured of charges, and in some cases, these bank changes can take a huge chunk of your funds. However, with Trustly betting sites, you can purchase goods and services without the fear of charges; As the bank won’t ask you to pay for this service. You will realize that the payment method doesn’t cost anything. 

Downsides of Trustly 

From all of the pros, Trustly offers most of all the features punters, gamers, and betting sites want to see; however, no payment method is perfect. And instead of just citing this payment method surface flaws, we delve deeper into the system to find more flaws. Though we give credits to work well done, we also love to point out flaws so they can be done better.  

  • Trustly can be time-consuming: One of Trustly’s setbacks is its slow process when it comes to deposits. Trustly has a two-stage process for deposit. Firstly, you have to log on to the online betting site to inform them of a deposit before logging in on your banking portal to finalize the process. Though this isn’t extremely slow, a debit card will do it much faster.
  • Trustly is not available at all bookmarkers (it is not universally accepted):
  • One of the most puzzling things about Trustly is why don’t most bookmarkers accept it? Since you don’t have to disclose any information to the bookie, which is good for the gamer and deposit. However, very few bookmarkers accept it.

How to deposit in an Online Casino Using Trustly 

How you fund your trustly account isn’t something out of the conventional ways you already know about. Firstly, you have to select Trustly on the betting site as your preferred payment method, log in by putting in your bank details, and off you go. Once you are done with your transactions, a confirmation is sent to you. 

Iframe, Trustly signature, enables you to pick your bank and log in with the normal authentication method, which may include an external device from your bank or a one-time password. 

Also, to authenticate transactions, you can use your mobile BankID app.  Trustly is specifically for the online purchase of goods and gaming services. As a plus and an evolutionary step, 

Trustly just launched a Direct Debit service that allows you to deposit faster; hence, it is ideal for In-app purchases and live betting. It offers swift, secure and simple transfer of funds.  To risk fraud, you can withdraw your winning. A nice thing about trustly is that you don’t need extra information or particular software.

In simple steps:

  1. Head to the online casino cashier and choose Trustly 
  2. Pick your bank and log in as normal 
  3. Select the account you want the payment to be deducted
  4. Make a payment confirmation using your preferred method for authentication.

Trustly does not come with any fees when you make payments with it. This means you save more cash with fewer worries.  

Withdrawing from Online Casinos Using Trustly

Withdrawing your earnings from a casino that supports Trustly is not difficult. The steps you follow are mostly the same as the deposit. First, you choose it in the casino cashier or payment menu.  

Withdrawals take more time than deposits, and it could be from some minutes to 2 days to get to your bank account. This is usually dependent on the processing speed of the casino in most cases. 

In simple steps, here is how to withdraw from an online casino using Trustly: 

  1. Head to the casino cashier and pick Trustly as your option for withdrawal 
  2. Input the amount you want to withdraw 
  3. Confirm your request 
  4. Hold on till the request is processed and the money hits your account 

There is a minimum limit for withdrawals in every casino, and it will only accept requests that are more than this limit. Make certain you determine the limit for the casino you are playing in to prevent problems.

Terms, Minimum and Maximum deposits in Casinos

For most of the casinos accepting Trustly, the lowest deposit swing around £ 20. Nonetheless, some casinos still collect £ 5.  Trustly, however, is preferred by high rollers because this payment standard allows them to transfer a higher amount of money.

While for the maximum deposits, Trustly has a higher limit in this regard. The maximum deposit for the casino accepting Trustly is within the range of £5000 – 10,000. Nonetheless, it is important that you contact the casino customer care for more information on the deposit limits. 

Minimum and Maximum withdrawal in Casinos

Many of the casinos accepting Trustly have their minimum withdrawal set at the £20 range, while the maximum withdrawals are as high as £ 10,000. However, to get precise information about withdrawals, it is advised that you contact the casino. 

Trustly Transaction Time 

Compared to the conventional bank transfers that take days and even weeks to complete a transaction, Trustly works at a supersonic pace.  Most of the payments made through Trustly are swift and always completed immediately; however, it is usually different in some cases. Some of these transactions take as long as two working days before they reach the merchant in rare cases. It could take longer if public holidays and weekends are included. The same process applies to withdrawals also.

Secure Transaction: Is it Secure? 

Trustly is known for its speed when it comes to deposits and withdrawals—acting as a bridge between your bank and your merchant makes it faster and better than normal e-wallets.

Trustly homepage

Trustly: What is it?

Trustly, is a Swedish fintech company that was created in 2008. It is an online payment provider that offers users in 25 countries a payment method to purchase goods and services from the internet without a card or an account. With Trustly, you can make swift transactions online, purchase goods and services, and even use it for gaming in online casinos as well. 

Trustly is especially good for gamblers who cherish convenience, and making quick deposits and withdrawals.

As a plus, Trustly is used and trusted by over 6000 merchants, which includes some popular ones like Transferwise, PayPal, Facebook, Alibaba, eBay, UNICEF, Lyft, AT&T, Dell, eToro, Draftkings, and many others.

History of Trustly

This fintech company was initially known as Glue finance. Founded by Carl Wilson, Joel Jakobsson, and Lukas Gratte, Trustly’s birthplace was in Stockholm, Sweden. Here are some notable events Trustly has had in the last 12 years. 

  • In the year 2010, the second generation of Trustly was launched.  
  • In the year 2014, Trustly entered a strategic partnership with Groupon and PayPal.
  • In 2016, pay n play was introduced, transforming how gamblers play on online gaming sites. 
  • In 2019, Trustly and Silicon Valley online payment solution (PayWithMyBank) merged.
  • In 2020, Trustly expanded its reach to the Asia Pacific region (Canada and Australia) 

How It Works 

Trustly is a convenient paying method that works with your bank account to perform transactions for you. It is more like a bridge that connects and helps send funds from you to your merchant and the other way around with no fee. Here is some information about how it works.

When the customer picks Trustly as a payment method, the customer has to pick his/her nationality. After this, Trustly presents them with all the online banks connected to the nationality they have chosen; the customer enters his or her bank details and finalizes their transactions. 

How to get a Trustly Account 

Trustly allows you to pay directly from your bank. Hence, with Trustly, there is no need to sign up or accounts. It is not an e-wallet; Trustly is just a payment method that provides seamless, swift and well-secured transactions

Pros and Cons of Trustly 

Like everything, no matter how good it is; There is always a disadvantage or downside. Here are the pros of  Trustly, why many punters love it.

Pros of Trustly

  • Fast transactions 
  • Your bank details are safe and secured. 
  • Deposits and Withdrawals are Free
  • Lastly, Trustly is trusted by many cooperation. Not because of its name, but because of the integrity it upholds. 

Cons of Trustly

  • Withdrawals are not instant  
  • Details of Bank transactions are not stored.

FAQs about Trustly

To enable our guide to fully satisfy you, we searched the internet for the most frequently asked questions directed to Trustly and provided answers.

Can Trustly be used for online betting?

The simple answer to this question is yes. Yes, you can use Trustly for online betting, with some nice benefits. However, you have to be using a bank account that supports Trustly. Also, you need to note that not all betting sites support Trustly. Ensure that the betting site you want to use it on supports Trustly.

Is Trustly safe?

Without an iota of doubt, Trustly is one of the most secured and safest online payment methods online. Its customers information security is of high importance to this platform that it employs new technologies to ensure your information is safe. You don’t use your debit card for the transaction; rather, you use your bank’s online platform. Also, Trustly has its inbuilt fraud detection, which means your information has two layers of protection.

Is Trustly expensive?

No. Trustly is free for customers on online betting platforms. Unlike other payment methods, including your banks, there are no hidden charges imposed on your bank. The complete amount taken out of your account is the exact amount that will be available for you to use at the bookmarker.

What is needed to use Trustly?

To use Trustly, you don’t need an app or to sign up for any registration. All that Trustly needs from you is a private bank account that’s eligible to make bank transfers. The available balance can’t also be on credit. And the currency on the account must align with that of the local currency.

Why can’t I use Trustly with my business account?

Simply put by the coordinating body of Trustly, its services are meant for transactions between consumers to merchants, hence they can’t be used with business accounts.