Trustly casinos are on the rise in the selected countries where you can use this payment method. Find out more below about this payment method, who can use it, its safety features and how to make a deposit with it.
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Who Is Trustly?
Back in 2008, Instantbank was created in Sweden, however, the name was then changed to what we know it as today, Trustly. The company works only in selected countries including Sweden, Finland, France and Denmark. Unfortunately, if you are based in other countries like the United Kingdom, Trustly is not a payment option that will be viable for you to use. However, it may become an option in later years.
Trustly obtains its licenses from the Swedish Financial Supervisory Authority and helps players to transfer their money instantly from their bank account straight to their casino account in a safe and reliable way. Trustly should not be confused with an online e-wallet system such as Neteller, as there is no middleman where your money is being stored as it goes directly to your online casino account from your bank.
Since its launch, Trustly has been awarded several times as one of the fastest growing technology companies and now has many offices located throughout Europe.
How to use Trustly to fund your online slots account?
Using Trustly to deposit at a casino is incredibly easy and will only take you a few minutes to do. You can link your bank account and casino account to allow for instant withdrawals and deposits. What makes Trustly different to many of the other payment options on the market is that you do not have to register for another account as all you need is an online casino that supports the use of Trustly as a payment method.
If you have not already done so, make sure that you are registered with the online casino of your choosing. Then, when you go to make a deposit, choose Trustly as your payment method and choose from the drop down below the country where you have your bank account. Enter how much you want to deposit, the ID number and your one time code. You will then be taken to one more page where you can choose your account and you will be asked to enter another one time code in order to confirm your payment.
As you can see, using Trustly is very easy to use and as long as players are using a bank that is connected to the Trustly network, they will be able to get started playing with the funds that have been transferred into their account almost instantly.
Pros and cons of Trustly
- It is simple and easy to use
- Almost complete risk free and by far one of the safest payment methods available at online casinos
- There is no middleman between the money you transferring from your bank account to your online casino account
- You can transfer your money both ways and there is no need to look for another e-wallet to make withdrawals
- Only available in selected countries and is not currently available in the United Kingdom
- Bank accounts that are not part of the Trustly network take up to three days to process deposits and withdrawals
How does it measure up?
If you are thinking about playing at Trustly casinos, then we think this is a great choice if you are in one of the selected countries where this payment option is available. We like that you are not going to be hit with large commission fees and the process is kept simple with your money going directly from your bank account to your online casino account, without any middle e-wallet getting in the way or adding on extra charges to transfer your money. We also appreciate how seriously this company takes the safety of its services and that you are very unlikely to be hacked or be the victim of fraud using this payment method compared to other payment services offered at online casinos. Players will also appreciate that this system allows them to make both deposits and withdrawals, so they do not have to find an alternative way to retrieve their winnings from the online casino that they are playing at.
While we really like Trustly, there are a few issues with this service. The biggest issue is that it is not widespread enough across Europe and only players in selected countries have access to it. As we previously mentioned, the United Kingdom is not one of the countries where you can use Trustly. Furthermore, because it is not available widely across Europe, there are fewer casinos offering it as a payment method. Hopefully, in the future, Trustly will expand their operations to across Europe and in this case we will then see more casinos offering this payment service to its players. They are expanding rapidly and we can see them doing this in the not so distant future. Instead, we would recommend that you also check out another similar service such as Sofort which is widely available across Europe and performs a very similar service to Trustly where you can transfer your cash instantly and they do not charge you to use it.
Overall, we can see why Trustly is a popular service in many countries around Europe, but the company does need to start doing more if it wants to grow and encourage more players to use its service.
|If you are struggling to find online casino that accept Trustly, it could be a good idea to look at a similar but more widely accepted option such as Sofort||Players will appreciate that Trustly does not charge any fees|
|For instant deposits made into your account Trustly is a superb option||For safe and secure payments, Trustly does the job amazingly well|
Below you can find answers to some of the most common frequently asked questions that we get regularly from players.
How safe is this payment method?
Trustly is completely safe to use and you can use this service with complete peace of mind. As we mentioned before, it is regulated by the Swedish Financial Body and therefore you should have no issues using it. Fraud is almost impossible with Trustly as it uses your banking details, with the only possibility of fraud occurring if another person knows your banking details. Not only that, it never stores any of the information used to access your bank account and only the highest encryption standards are used to transfer your money from one location to another. This makes it one of the safest payment methods that you can use online when making a deposit to your online casino account.
Can I Use Trustly On Mobile?
Yes, you can use Trustly on your mobile device. This payment method has been fully adapted for mobile devices. When you are on the go and looking to play your favourite games you will be able to use this payment method easily to make your deposits.
Are there any commission fees?
What is great about Trustly is that there are no fees with any payments processed through it. This makes it a top option for those who are making deposits and withdrawals when online gambling. We would always recommend that you do check this with the Trustly casino that you are playing at, alongside your bank as there is a chance that they may add on their own small fees to use this payment method.
Trustly does not make money by charging you the player fees as it instead charges the merchant a small commission to provide the service. This is great news for players as, of course, everyone wants to keep as much of their deposits and winnings as they possibly can.
How long do withdrawals and deposits take?
The length of time that it takes for deposits and withdrawals to be made depends on the online casino that you are playing at and the bank where your account is at. Payment processing times do usually happen almost instantly. Trustly works best with banks that are part of their network and in these cases deposits and withdrawals can be made very quickly. However, if your bank is not part of their network then it could take as long as three days to process your payments.
What are the minimum and maximum amounts I can deposit through it?
The minimum and maximum amounts that you can deposit at your online casino using Trustly vary from casino to casino and this is something that you will need to check in their terms and conditions before you get started playing. For most online casinos, you can expect the minimum deposits to start at around 10 and rise up into the thousands for the maximum deposit. As this payment method is not available in the United Kingdom, we cannot give precise figures based on the local currency.
If I deposit with this payment method, do I have to use it for withdrawals as well?
You do not have to use Trustly to withdraw your cash, but it is an option for you. If you have made a deposit at your online casino using Trustly, then most likely you will want to use it for withdrawals too and it works in exactly the same way as funding your Trustly account, only backwards.