About Trustly
Swedish-based Trustly was founded in 2008 and set out to offer users a convenient and straightforward way to use their traditional bank accounts for daily transactions. Almost two decades later, the system has grown to become one of the largest payment facilitators in the world, with over 650 million users worldwide.
While most of these users utilize Trustly for online shopping and peer-to-peer transfers, a growing number of online casino players are now using the service to complete deposits and withdrawals at top gambling sites. In this guide, we'll explore the benefits of using Trustly for online casino payments and what to expect from the system.
Why Use Trustly in Online Casinos?
Trustly is quickly becoming a staple at most online casinos, mainly due to its ease of use. The service is not an e-wallet, but instead connects your bank account to the gambling site for quicker and easier transactions. Here are some other reasons why online casinos use Trustly.
- Accessibility: Trustly started in Europe but has since expanded to multiple continents, supporting over 12,000 banks, including some of the world's largest institutions. So as long as you're in one of these countries: Austria, Canada, Denmark, Estonia, Finland, Germany, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Spain, Sweden, the United Kingdom, and the United States, you should be able to use Trustly regardless of where you bank.
- Trust and reputation: In addition to partnering with thousands of major banks, Trustly is subject to the supervision of both the Swedish Financial Supervisory Authority and the UK Financial Conduct Authority, ensuring adherence to strict financial regulations.
- Security: To guarantee the safety of player funds and information, Trustly uses data encryption in transit, with no banking credentials ever stored. It also features SSL/TLS-only communication and uses credentials provided by the bank, without requiring further information.
- Convenience: With Trustly, you don't need to keep track of card details or even manage an online wallet. The system connects your bank account directly to the online casino, saving you time, fees, and stress.
How to Deposit at an Online Casino With Trustly
You can fund your online casino account using Trustly by following these six easy steps:
- Find a Trustly casino: If you're in a region where Trustly operates, you should have no problem with this. We've even found and reviewed some top Trustly casinos for you on this page.
- Register: Visit the casino homepage and click on the Sign Up button to create an account. You'll likely be asked to enter your full name, date of birth, phone number, and email address. Ensure you enter these details correctly, as most casinos require the name you registered with to match that on your bank account.
- Visit the cashier section: Click on the Deposit icon or use the side menu to enter the cashier section.
- Choose Trustly: Locate Trustly from the list of payment options and click it. Now choose your bank from the Trustly list and enter your banking details to proceed.
- Confirm payment: Enter the amount you want to deposit, and you'll be directed to a third-party page to authorize the payment using an OTP code sent to your email address or phone number.
- Check your balance: After authorizing the payment, you'll be taken back to the casino platform, and the deposit should appear in your balance almost instantly.
How to Withdraw With Trustly From an Online Casino
Receiving your online casino winnings with Trustly is just as easy as funding your account. The good thing is that most sites that offer it as a deposit method also support it as a withdrawal option. Here's how to get your funds:
- Log in to your online casino account and visit the Cashier section.
- Click on Withdrawal this time, enter the amount you need, and select Trustly from the list of options.
- Choose your bank and head to the third-party page to enter your banking details.
- Double-check all details before completing the transaction, and wait for the funds to be deposited into your bank account.
Trustly Fees and Limits
One of the best things about using Trustly for online casino payments is that you almost never have to worry about transaction fees. You may be charged a conversion fee if you attempt to deposit using a currency different from the one used by the casino, but no deductions will be applied to standard payments. Your bank, or even the online casino, might also charge you a fee, but that's down to them and not Trustly.
Furthermore, Trustly allows payments ranging from €0.01 to €50,000 per transaction.
Pros and Cons of Trustly for Online Casino Players
If you're still debating creating an account on that Trustly online casino, here are some pros and cons of the payment system to help you make your mind up.
Pro
- Trusted by over 12,000 banks
- Regulated by both the Swedish Financial Supervisory Authority and the UK Financial Conduct Authority
- Nessuna spesa di transazione
- Flexible payment limits
- Depositi istantanei e prelievi rapidi
Contro
- Unavailable in many countries
- Reliant on traditional banks
How Does Trustly Compare to Other Online Casino Payment Methods
Some players prefer to keep things simple when it comes to casino payments, and if you're one of them, you'll probably enjoy Trustly a lot. No additional cards or online wallets, just straightforward transactions using bank transfers.
However, if you prefer quicker withdrawals and more discreet payments, there are better options available. Vouchers, cryptocurrencies, and certain e-wallets allow you to deposit and withdraw from online casinos without the gambling transaction appearing on your bank statements. You might have to pay slightly higher transaction fees, though.