Trustly Casinos – Online Casinos With Trustly

Trustly will serve as an intermediary between you and the casino when depositing at a casino website. This way, you will not reveal your personal/financial information to the operator. Additionally, your information stays secure on your bank platform since you are redirected to your internet banking page.

So, how do you make a casino deposit with Trustly?

1. Pick a Trustly deposit casino, set up an account and go to the cashier.
2. Choose Trustly. It may be listed under online banking options.
3. Now select your bank. If you can’t find your bank on the list, you cannot deposit with Trustly.
4. Enter your login credentials (ID number, username and password, Bank ID, authentication, whatever your bank requires).
5. Confirm the transaction after reviewing the previously selected deposit amount.
6. A confirmation email will be sent to your registered address confirming the transaction details.

Trustly also supports online casino withdrawals. They are carried out in the same way as the deposits. Just hit the cashier and pick out Trustly as your withdrawal method.

Enter the amount you wish to cash out, and you will be redirected to the Trustly website to select and enter bank details. The process is completed within your internet banking environment.

Fees

Neither the payment service provider nor Trustly online casinos charge fees on transactions made through this banking solution. You do not have to maintain an account; therefore, there are no annual or monthly maintenance fees. You need to pay what is outlined in the transaction itself, without hidden charges.

That said, banks may charge you for the transaction. Banks that charge fees for making transfers, in general, will also apply these fees for online casino deposits. You need to check with your bank if any of these fees are applicable, as they do not originate from the Trustly service.

Timeframes

Trustly deposits are instant. If you conduct a casino deposit via Trustly gateway and authorise it within your online banking service, the funds will be immediately reflected on your casino balance.

Remember that sometimes it may take a bit longer due to public holidays and weekends, but these slight delays are usually related to the bank’s operation and not Trustly per se.

Unlike standard bank withdrawals, which typically take several days, Trustly cashouts are usually processed within a few hours. Once the casino approves the withdrawal, the exact time for the funds to reach your account will depend on your bank.

Limits

The casino sets the deposit limit and determines the amount that can be instantly transferred through Trustly. It is not set by Trustly or your bank.

The best Trustly deposit casinos will determine the lower and upper limits for transactions related to the cashier and players’ balances. For depositing, it is common to find a requirement of at least €10 on most highly rated online casino sites.

Withdrawing can usually have a maximum cap of between €4,000 and €10,000, but these figures do not necessarily have to reflect the payment policy of your chosen casino.

Trustly was founded in 2008 in Stockholm, Sweden. At first, the company had merely three employees, whereas now, over a decade later, it has nearly 600 employees working in ten offices in Europe, the Americas and Australia. The system processes over 9 million monthly payments and became part of Nordic Capital in 2018.

The Swedish fintech company allows customers to make fast, simple and secure payments to merchants directly from their online banking accounts. Initially called InstantBank, Trustly went from a European banking provider to a global payment solution when over 6,300 banks worldwide started supporting it.

Trustly believes that one’s financial life has a bank account at its core. Therefore, the company’s vision is to connect consumers and merchants through a bank account in the most convenient way possible.

Trustly stands out as a preferred method of payment in four industries: e-commerce, gaming, financial services and travel.

The way Trustly works fits perfectly into an online player’s agenda. It provides swift deposits and allows the gambler to play straight away, not to mention fast access to winnings. By incorporating Trustly into their cashier, online casinos boost player retention and engagement.

At the end of 2022, Trustly decided to surprise both operators and players with an updated version of the popular Pay N Play service. Aptly named Pay N Play 2.0, the optimized product is set to revolutionize the onboarding process.

Pay N Play 2.0 allows operators from the Netherlands to complete user registration within three minutes. It also enables operators from Sweden and Finland to optimize the onboarding time and make it quicker than usual.

In the Netherlands, Pay N Play 2.0 facilitates a seamless onboarding combining KYC data from three different sources. The service gathers data from users’ bank, scanned ID, and iDIN, the local digital verification service. Moreover, the company plans to expand its services, with the UK, Germany, Canada and the US in the pipeline.

Trustly Updates

• April 2023: Trustly Receives 1 Billion Kronor Funding for its Payment Solution.
• January 2023: Trustly acquires Ecospend to become Open Banking leader in the UK.
• December 2022: Trustly introduces Pay N Play 2.0, an updated version of the original product, boasting an impressive 3-minute onboarding in the Netherlands.
• May 2022: Trustly announces acquisition of Ecospend, a UK-based Open Banking provider. The new move will help Trustly cement its position in the UK market.
• April 2022: Trustly rolls out Trustly Express in the UK, Sweden, Finland, and the Netherlands. The new service speeds up transactions, making them twice as fast.
• November 2021: Trustly partners up with IKEA, allowing IKEA shoppers to pay for purchases directly from their bank accounts.
• October 2021: Trustly has surpassed $10 billion in processed payments in North America.
• September 2021: Trustly rolls out Instant Payouts in the United States.
• July 2021: The company reports a 53% revenue growth due to a superb US performance.
• July 2021: Trustly appoints a new CPO to continue its global growth. The new Chief Operation Officer is John McLane, President of Trustly’s North American division.
• May 2021: Trustly joins Financial Data Exchange to propel Open Banking in North America.