Trustly is an online banking payment method that allows customers to make payments and receive money directly from their bank accounts, with no extra cards, apps, or registration required. Just a seamless payment experience.
Trustly is a Swedish company regulated by the Swedish Financial Supervisory Authority. The company has successfully intertwined Fintech advanced technology with customer-centric company philosophy, developing innovative financial services accepted by many industry verticals. Trustly has become a preferred payment method in four industries: E-commerce, Travel, Financial Services, and Gaming.
The company was founded in 2008, and today it has nine offices in Europe and the Americas.
With some 12 million payments processed monthly, the consumer base of 600 million active users, 4,500 merchants offering the service, and presence in 29 European countries, plus the US market, This method is one of the most prominent global bank methods. As a seamless online banking method, more than 3,000 banks across the globe also trust Trustly!
Online shopping is easy. Choose to pay with Trustly, find your bank, and log into your online banking with your banking credentials. Select the account you wish to pay from. You will have to verify the transaction by selecting the preferred authentication method, either a security number or OTP SMS code.
Since this payment method is straightforward, it is no wonder that it has been quickly accepted in the iGaming industry that is always on the lookout for the most convenient and swift way for their players to fund their gambling accounts. Trustly allows deposits and withdrawals with an already existing bank account, which means that this solution is fast and efficient for both players and live casino providers.
Many players find online banking payments more trustworthy and smooth. Trustly has recognized this on time and, therefore, has made genuine efforts to enable fast deposits. One of the ways is an instant KYC (Know Your Customer) customer identification that speeds up the process, increases security and allows instant payments.
On the other hand, hassle-free withdrawal is sometimes even more critical, as there is nothing more annoying than having to wait on your money for days. Fast cashouts increase customer loyalty and keep customers happy!
How to Deposit via Trustly?
Trustly offers real-time deposits directly from the bank account, from any device. Hence, Trustly depositing is efficient and quick. Go to your favorite online casino’s banking page, find the depositing section, and look for Trustly. Once found, select the country and log-in to your bank as you usually do. Choose the account from which you wish to make this transaction and input the amount. Select the authentication method to finalize the payment. You can choose a dedicated security number or OTP (one-time-password) sent in an SMS. In the end, when the transfer is authorized, the only thing left to do is start playing!
How to Withdraw with Trustly?
As mentioned earlier, Trustly favors fast and simple withdrawals. As they are responsible for the entire payment chain, players can experience live casino cashing out. However, this is not the case in every casino, so make sure to read T&C first to learn about its processing time policy.
To withdraw a winning with Trustly, head to the cashier and select Trustly as your cashout method. Find your country and a bank of choice. Enter the amount you wish to cash out and choose the account you want to withdraw to after logging in to Trustly.
Transfer Times, Fees, and Security
The funds deposited via Trustly are processed in real-time.
The withdrawal timeframe may differ. The verified players, who already used Trustly and have their KYC verification done, could see the money in their accounts in real-time. However, most casinos will take more time to process the withdrawal request, so you will usually get the funds within 24 to 48 hours.
Those who are using the service for the first time may experience a certain “delays” necessary to fulfill the KYC procedure. This is a standard procedure that might require you to upload additional personal details.
Bank transfers via Trustla are usually free, and most casinos don’t charge its players for using this payment method. However, be aware that some banks may charge fees, as well as some casinos. So, before starting, check with your bank are they charging online transactions. Also, check the casino’s terms and conditions or FAQ to confirm if they charge transactions through Trustly.
Trustly acts as a link between your bank account and an online merchant. Hence, the service is already utilizing the original high-standard security measures from the actual bank. Even though the service uses the banks’ security systems, they also have an extra security layer by using the highest encryption standard available.
Furthermore, you don’t need to register to use Trustly, and the service has no access to your banking credentials used to log-in to your online banking or any of your financial details.