Trustly at Online Casinos
With security being paramount for online players, Trustly offers one of the safest ways to deposit and withdraw funds. All you need to get started is a bank account. Payments are authorised quickly and easily using the relevant login details, with deposits being processed directly from the player’s bank account. The amount of online casinos now accepting Trustly has increased significantly, with its reputation surrounding security, speed and convenience making it a popular payment method for many players.
Advantages of Using Trustly as a Payment Method at Online Casinos
It’s no shock that Trustly has become one of the most commonly used payment methods at online casinos. In our experience, it is the following advantages which have brought Trustly to where it is today:
Instant Deposits – There is no need to wait around when using Trustly. Deposits are processed instantly, allowing players to quickly turn their attention to their favourite casino games.
Convenience – Trustly transactions are processed on the casino site, which creates a more convenient and seamless experience for the player.
Simplicity – Players don’t have to enter their bank details when making deposits with Trustly. This, along with the lack of complex forms, means that payments are processed with minimal effort and stress.
Security – Trustly uses the best encryption technology, making sure all payments are processed safely. They are also licensed and regulated by the European Payment Services Provider, demonstrating their reliability.
Mobile-Friendly – Payments via Trustly can also be made on mobile devices. It’s yet another example of how Trustly has been developed with modern-day players in mind.
How to Deposit & Withdraw Using Trustly
Depositing and withdrawing on casino sites is quick and easy with Trustly. Players need to take the following steps to deposit:
- Enter the cashier section of your online casino.
- Select Trustly as your preferred method of depositing.
- Log in using your bank details.
- Enter the amount in which you wish to deposit.
- Choose between the available accounts.
- Confirm the payment.
The process of making withdrawals is very similar. The only real difference is the time it takes for players to receive their winnings. It can be anywhere between 2-24 hours, which is significantly quicker than many other payment methods.
How Secure is Trustly?
Trustly has gained a good reputation surrounding security, with the payment provider having been in operation for over a decade now, catering for customers in many European countries. Players are able to protect their personal details due to the fact that payments are processed without having to register an account with Trustly. The protection levels for players are further improved by the fact that Trustly uses its own payment structure and all payments must be authorised by banks.
What is Trustly?
Trustly is a financial tech company that was launched in Sweden back in 2008. The provider now helps to process online payments across Europe, as well as a small number of countries from further afield. It was in 2010, with the help of a significant financial investment, that Trustly really made waves. This led to the company opening its first office in Malta.
Trustly has formed partnerships with both PayPal and TransferWise, helping to increase their annual revenue to over £20 million. Trustly is now well-known in the UK, while also being widely used in Scandinavian countries including Sweden, Finland and Denmark. In total 29 different nations now accept the payment service.
How Does Trustly Work?
Trustly is very simplistic in how it processes payments. Players at online casinos are able to deposit and withdraw money to and from their bank account, rather than using third parties. Players provide their online banking information to Trustly, who then take care of everything else. This means that card details do not have to be entered into casino sites. Payments are verified through entering your username, password or PIN, just like when you log into your bank. The ease of use and security of payments is part of what makes Trustly so appealing. The service is now being accepted by many online casinos in the UK. Effectively, Trustly acts as an intermediary, never passing on financial information to your casino. This helps limit the threat of fraud and unauthorised activity. Trustly is licensed by the European Payment Services Provider. They are also regulated by the Swedish Financial Supervisory Authority and a member of the European Payment Institutions Federation.
Trustly in the UK
Trustly is now a well-known payment provider in the UK, with all leading banks and financial institutions being associated with the online payment service. Trustly even opened a new office in Clerkenwell, London in May 2017, demonstrating their rapid growth. In fact, an estimated 12 million individual transactions are now processed by Trustly in the UK each year. They were also the 242nd fastest growing organisation in Europe in 2017. It therefore comes as little surprise that the majority of UK online casinos now accept Trustly as a payment method, including many of the leading sites in the industry.
How to Open a Trustly Account
Part of the success behind Trustly is the fact that users are not required to open an account with the payment provider in order to deposit or withdraw funds at online casinos.
Trustly works alongside many leading banks in the UK and across Europe. Players simply have to select it as their preferred payment method, instead of logging into their online bank account.
In fact, Trustly does not even have its own login page. Instead, their platform acts as a gateway to access your bank account funds when operating online. As such, both deposits and withdrawals can be processed without leaving the casino site.
Players are unlikely to incur any fees when using Trustly as a payment method on casino sites. No form of commission or interest is involved. Instead, Trustly earns money by charging individual merchants a small commission for using their service. However, as always, we recommend checking with your online casino beforehand, just to make sure.
Alternatives to Trustly
If you feel that the information read on this page regarding Trustly does not quite meet your needs, there are a variety of alternative payment methods available to players at online casinos in the UK. Some of the most popular can be found below:
PayPal – You are likely to be familiar with PayPal already. Some of you potentially even have an account. PayPal is now accepted by the vast majority of online casinos. Its convenience, speed and security make it a popular option for players. Having been around since 1999, PayPal also has an excellent reputation. PayPal deposits are instant, while withdrawals take just a few hours.
Bank Transfer – Despite being viewed as an old fashioned method of payment, bank transfers are still widely used. Especially by those looking for a familiar way to move money from their bank account to an online casino. However, payments can take longer to process using this method.
Pay By Phone – Whether you hold a monthly contract or are a pay as you go user, players can now top up their casino account using just their telephone number. While withdrawals are not available using this payment method, the speed and ease of Pay By Phone means that it is becoming more and more popular. The likes of Klarna and Boku aid such transactions.
When it comes to the use of Trustly at online casino sites, the following are the most commonly asked questions, along with our expert answers:
Yes. Trustly is 100% safe to use on casino sites. The payment method uses encryption technology and is licensed by the European Payment Services Provider. This demonstrates how security is one of Trustly’s top priorities.
Trustly is a payment method that caters for players looking to both deposit and withdraw funds at online casinos. Deposits are instant, while withdrawals are likely to take up to 24 hours to process, depending on the site.
Payments are processed quickly using Trustly. The verification process takes place on the actual casino site itself, with no need to open up any new browser windows.
The majority of payments made using Trustly will be processed free of charge. However, this will differ between online casinos, so be sure to look into this further before processing a deposit or withdrawal.
Players generally have to wait anywhere between 2-24 hours to receive withdrawals using Trustly. However, this does again depend on the casino, with some sites taking longer to process payments than others.
There is no sign-up process at Trustly. Players instead enter their bank login details at the time of depositing or withdrawing money online.
Tips for Using Trustly at Casino Sites
In order to get the most out of Trustly, we have put together these helpful tips:
- Once you have decided that Trustly is a payment method that suits you, it is important to sign-up with an online casino which accepts them. All of the sites listed on this page do just that. There is nothing worse than registering, only to find out that the site does not accept Trustly.
- Whether you are a beginner or high roller, you must take into account the deposit and withdrawal limits which have been set by your online casino. Ensure that they tie in with your strategy and objectives.
- While the benefits of using Trustly when depositing and withdrawing at a casino site are clear, it may be that another payment method better suits your needs. Therefore, be sure to check out our guides at Bestcasinosites24, which provide all of the necessary information required to make your final decision.
- Try and use Trustly when both depositing and withdrawing cash at online casinos, as this will help to ensure that transactions are processed as quickly as possible.
- Although payments using Trustly are quick, safe and convenient, this does not mean that you should deposit funds too regularly. It’s important to always gamble responsibly.
Readers should now have a much clearer understanding as to just why Trustly is an accepted payment method at so many online casinos, as well as why an increasing number of players are taking advantage of their service. Having been in operation for over a decade, Trustly’s reputation in the UK is growing rapidly. The convenience, speed and safety of their payments appeals to casino site regulars.
So, be sure to check out the list of Trustly casino sites on this page, before trying out the payment provider for yourself.