Trustly is an online payment service available to residents of Sweden, Spain, Finland and Italy, to name a few countries out of a total of 21 supported territories. The service provided by the Swedish company established in 2008 allows you to transfer money from your banking account to your casino account and vice versa in a safe and convenient way. Forget about credit cards, debit cards or e-wallets as they all act as middlemen. Meanwhile, Trustly functions as a financial institution regulated by the Swedish FSA, just like any other bank in the country.
Casino Bloke provides you with a list of online casinos that accept this banking option. Read on to learn how to deposit with Trustly and how to withdraw with Trustly from online casinos. Stay with us to find out what makes this baking method ideal for online gaming and how to use it to fund and withdraw from your account.
Established in 2008 in Sweden, Trustly was originally known as Instant Bank. Initially, the company offered its services only to Swedish players but today they are present on the markets of 21 European countries. It took only 2 years for the company to reach 1 million transactions and today they process 2 million transactions per month. Awarded as one of the Swedish fastest growing technology companies several times, Trustly has its offices in cities across Europe including Barcelona, Cologne and London. Some of the company’s partners include Pay Pal and Western Union.
How to Make Deposits and Withdrawals with Trustly
If you opt for Trustly as a preferred payment method you will be able to make instant deposits and instant withdrawals by linking your banking and casino accounts. To use Trustly there is no need to register an additional account. All you have to do is to find an online casino that supports Trustly. On this page you will find a list of reputable gaming venues focusing on the European markets where you can carry out your transactions via this payment method.
Once you have registered with the casino of your choice, go to the cashier’s to make your deposit by choosing Trustly as a payment method. Choose your country from the drop-down menu and you will be offered to select a bank in which you have a checking or saving account. In the next step choose or fill in an amount you want to deposit and press Continue. Enter your ID number and proceed to enter the one time code. On the next page choose your account and provide another one time code to confirm your payment.
You can also clear your winnings via Trustly by following the same set of steps just like when making deposits. Choose Trustly as a preferred withdrawal option and complete the procedure to move your funds from your casino to your bank account.
Fees & Timeframes
There are no fees attached to transactions processed via Trustly which makes it a perfect deposit and withdrawal option when it comes to online gambling. As for time needed to complete your transactions, it may vary depending on the bank you have your account at. If a bank is not a part of the Trustly network, deposits and withdrawals may take up 3 days to be processed.
Why Use Trustly
Available in 21 European countries, Trustly allows players to make payments in their national currency. Transactions via Trustly are free of any additional costs and the banking method allows you to transfer your money smoothly with no need for registration of any other account in addition to your checking or saving account. If you have opted to make your deposits to the casino with Trustly, you don’t have to look for another banking option to process your withdrawals as Trustly allows you to transfer money both ways.
The Swedish company recently introduced a Direct Debit card that can be used for various forms of online payments, and this is yet another perk available to Trustly customers.
Frequently Asked Questions
The answers to all of your questions can be found under Trustly FAQ section, divided into different topics. Clear instructions on what you need to in case of any issues concerning your online transactions are provided on the spot.
- Accidental transfers – if you have transferred any money from you bank to Trustly by mistake, the reverse procedure is executed through a simple online process where the users fill out a form and submit it to the Trustly client support centre.
- Forgotten Transactions – cannot remember what a transaction was for? Trustly provides the details of all your online Trustly payments on request.
- Payment Processing Time – usually no more than a few minutes.
- Safety – Trustly employs the same protection system used by banks as well as the 3D secure authentication tool required for all your deposits.
- Frauds – Trustly will cooperate with your bank and law authorities in order to resolve and/or prevent fraudulent activities.
- System Requirements – there are absolutely no installation or registration processes that you need to undergo in order to use Trustly as a payment method; a bank account is pretty much all you need to submit your payment to a casino or e-commerce business that supports this payment tool.
All communication takes place via on-site contact form, however, if you have an inquiry that is not included in the FAQ section, you are welcome to reach out to Trustly staff every Monday to Friday from 9 to 17.00 CET on +441903680417 number. At the moment, phone support is provided in English language only but the website itself can be displayed in English, Spanish, Suomi, Swedish, Polish, Norwegian and Dutch.
Online Gaming Focus and iGaming Oriented Payment Tool
When it comes to online gambling, Trustly is practically indispensable as a payment method. With a strong focus on online gaming market, it allows payments and transfers from banks located in 29 different countries, enabling deposit entries and instant withdrawals via Payout Express.
Trustly works both ways, providing the same type of functionality to online gaming users and gaming providers. Purchasing games or funding your online gambling site account is executed in warping speed, through a secure and efficient intermediary and without disclosing your payment card details to the end recipient. The latest tool, Trustly Direct Debit is specifically designed to minimize the time necessary for bet submissions. All you need to do is connect the bank account to the Trustly app and all your future bets will be placed through a single click.