Online Casino Payment Methods : Trustly
If you’re looking for the best way to make deposits and withdrawals into and from your online casino account then you may have come across Trustly as one of the casino payment options offered. Here we’ll explain what Trustly is and how it works, to see how it matches up and compares to other payment options offered.
What is Trustly?
Trustly is a Swedish financial technology company that was created in 2008 that helps facilitate faster and safer online transactions. You can use Trustly to make an instant online casino payment directly from your bank account while remaining completely anonymous and it also allows you to collect your winnings fast and free too.
Trustly works with over 200 banks across Europe including all of the major banks in the UK and their Pay N Play service is accepted at the majority of trustworthy online casino sites, allowing you to collect your welcome bonus and start playing all of your favourite games and slots straight away.
Trustly works on the principle of online banking with no need for a separate account, so as long as you have online banking with a partner institution, you can use Trustly’s online payment services. Trustly is a fully licenced and regulated payment institution in Europe.
Why use Trustly to deposit at online casino sites?
Trustly is often a preferred method for depositing funds due to the speed and safety of transactions. Usually when making a bank transfer you have to wait two or three days for the funds to show in your account, but with Trustly the credit shows immediately. The same goes for when you make a Trustly withdrawal at a casino.
Also, using Trustly means you don’t have to share your banking details with anyone. You login to your online banking via Trustly’s secure portal so you have your bank’s online security measures, as well as Trustly security which uses the highest encryption standard available.
How do I pay at online casinos using Trustly?
Making a deposit at a Trustly casino is as easy as any other online banking transaction. Head over to the payment section of your casino site and select Trustly Pay N Play as your preferred payment option. You’ll then be asked who you bank with and prompted to enter your online banking information and the amount you wish to transfer in order to complete the transaction.
Your new players account will be credited with your gambling funds almost instantly along with any free spins and deposit bonus that you qualify for.
Trustly average withdrawal limit and payout time
Withdrawal limits aren’t affected by using Trustly, but you will come across withdrawal limits that are set by the casinos themselves. Usually the smallest amount you can withdraw is around $10 and the upper limits can vary a lot between $5,000 and $15,000 (on average).
Any withdrawal you make via Trustly will appear back in your bank much faster than other payment methods. Your casino will take between one and three days to process the withdrawal request and then Trustly will have your money back in your account almost instantly.
Are there any fees attached to Trustly at online casino sites?
None of our top-rated casinos here will charge you for using Trustly. So if you’ve come across a casino that does try to charge you then take a look at some of our Trustly casinos instead.
There are a few similar companies to Trustly that charge a small percentage for using their instant transfer services, but Trustly is completely free of charge for both payments and withdrawals.
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Trustly is a very safe way to transfer money online. The award-winning Trustly Group is a fully licenced and regulated European Payment Service Provider, overseen by the Swedish Financial Supervisory Authority. It acts as an extra level of security between your personal banking details and your online casino, allowing you to make payments and withdrawals anonymously, not sharing your bank details with anyone but them.
Trustly never store any information or sensitive data that can be used to access your account and they adopt the highest encryption standards available. And that’s all on top of your usual online banking security.
Recap of the advantages and disadvantages of Trustly
- ✔ Extremely safe way to make online payments
- ✔ You can also withdraw using Trustly
- ✔ Transactions are immediate
- ✔ No user fees
- ✔ No need to set up an extra account
- ❌ Some casinos don’t offer deposit bonuses on Trustly deposits
- ❌ You need to have an online banking account
Welcome bonus available using Trustly
If you’re on the lookout for Trustly casinos that offer the best welcome bonuses then look no further than our list here. New players can get a big first deposit bonus.
What is Trustly?
Trustly is an award winning Swedish payment solutions company that can facilitate faster and safer online transactions directly to and from your bank. Logging into your online banking account via the Trustly portal means never having to share your bank details with third parties and your funds are ready for you to gamble with instantly.
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When was Trustly created?
Trustly was founded in Stockholm in 2008 as Glue Finance and Pay N Play was introduced to its services in 2016.
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How to use Trustly to deposit?
When you use Trustly to deposit, you’re effectively just signing into your online banking account via Trustly’s secure portal. Select Trustly’s Pay N Play as your preferred payment method and select which bank you use. Login to your online banking as usual and confirm the amount you wish to deposit. Your funds will be credited to your new players account immediately.
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Is Trustly secure?
Yes, Trustly is a very secure payment method. It offers you the opportunity to use your usual bank’s security plus further security measures that are put in place by them. Payments remain anonymous and sensitive data is never stored.
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Are there any fees when using Trustly?
Surprisingly, there are no fees for using Trustly, from either the casino or Trustly themselves, although you should check with your bank to see if they will charge you.
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What is the average payout time using Trustly?
Trustly have a very quick payout time as they process transactions in real time. Depending on the casino you use you may have to wait between one and three days for your payout to be processed, but then Trustly will get your winnings back to your bank account immediately.
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