Trustly Casinos - Safe Deposit

Trustly is an online payment service founded in Sweden in 2008. This service lets bettors and punters deposit and transfer funds without hassle or delay. This method is currently available in over 30 countries and has been accepted as a viable payment option by over 800 merchants online in 2015.

The innovations made by Trustly are made to adapt with the times, making transfers between entities more seamless and easy. This makes Trustly an attractive option for betting platforms. It also has partnerships with PayPal, Groupon, and TransferWise. The company also introduced the Payout Express product in collaboration with Paypal.

Trustly Casinos - Safe Deposit
How to pay with TrustlyWithdrawals with Trustly
How to pay with Trustly

How to pay with Trustly

One of the upsides of choosing Trustly on betting sites is that it is remarkably simple and fast. For one, Trustly doesn't require bettors to register for an account or download an app.

All the payments made with this service uses funds directly from your bank account - no depositing of funds is required. This means it is faster, simpler, and more secure than having to connect your bank account to another third-party account.

To pay with Trustly, simple do these steps at check out:

  1. Select Trustly as a payment option on the merchant website.
  2. Log into your bank account as usual.
  3. Choose from which account you want to draw funds.
  4. Confirm the payment with the authentication process you prefer.

Do note that Trustly does not accept business accounts, so make sure the chosen bank account is a private account that allows for bank transfers. Your available balance also cannot be on credit by the bank, and Trustly also requires bank accounts to be in the local currency.

There is an instant deposit limit that may be set up by merchants, which limits how much can be transferred through Trustly in real-time. Transfers that exceed this limit will take up to two (2) working bank days. In most instances, you can proceed with this or choose to cancel the transaction.

It's also worth noting that Trustly acts as a digital intermediary. This means that they cannot issue receipts or official documents — only merchants can.

How to pay with Trustly
Withdrawals with Trustly

Withdrawals with Trustly

Withdrawals with Trustly are intuitive and easy. Simply choose Trustly as the withdrawal option at the merchant site, enter the amount, and proceed as normal. It is also faster, as using trustly eliminates the need to log in to your bank account to make a transfer.

The funds should be credited to your bank account within a matter of minutes at most. If you do not receive your withdrawn amount immediately, there are a couple of explanations for this.

It could be due to the bank's handling time or perhaps scheduled or emergency maintenance. Bank transfers also tend to be put on hold for public holidays or weekends. Another possibility was the bank rejecting the withdrawal due to restrictions or limitations on your account.

The minimum withdrawal amount for Trustly is 10 USD equivalent, up to a maximum of 10,000 USD equivalent. All withdrawals made with Trustly are put in motion automatically and instantly, so cancellation is not an option.

An important thing to note is that Trustly is an e-payment provider which acts as a sort of middle man between merchants and customers. They do not process the transactions per se, nor do they do not hold funds, and all funds that travel through them are credited directly to bank accounts or merchants.

If you can't see an account among the list when making a withdrawal, make sure that the account is a private account that allows for bank transfers and not a business account

Withdrawals with Trustly