These days, there are many reliable and fast money transfer services available throughout Europe. Trustly, which has a 13-year history, is undoubtedly one of them.
Among main services of the company are payment for different goods and services in Internet-shops, financial services, on-line games and intermediary services for travellers. It makes sense that this service is popular with modern gamblers who conduct a variety of financial transactions at online casinos.
The payment service Trustly is owned by Trustly Group AB, a Swedish company headquartered in Stockholm. The system expanded outside of Sweden in 2009, after which its total revenues doubled.
The service has worked with over 3,500 banking institutions in Europe, Australia and North America in the 15 years it has been in operation. As can be seen from statistical sources, the number of clients of the payment system is growing year by year. For example, Trustly’s revenues for 2019 amounted to $150 million, which is almost 60% more than the previous year.
The company is licensed as a European payment system provider, with Trustly regulated by Swedish regulator SFSA. The service’s impeccable reputation and high level of reliability is also supported by numerous awards. For example, in 2019, the payment system took 3rd place among all European payment systems at the Fintech Awards.
This payment service is designed to make working with a client’s bank account easier. The essence of its work is to remotely dispose of funds from the bank account.
The advantages of Trustly were received by numerous online casinos and as a result the cooperation between the owners of gambling establishments and payment service increased significantly. As a result, Trustly has become available not only at various online gambling sites, but also at a wide range of online bookmakers.
The Trustly payment system is also gaining popularity in the British Isles at online casinos not on Gamstop, which is designed to limit access to gambling for addicted gamblers. The number of non-Gamstop casinos 2021 is increasing steadily, and so is interest in the Trustly service in the UK.
Trustly in Europe, as well as throughout the UK, is used to conduct transactions between the gambler and the online casino. All a player needs to do is to choose a payment option and the payment will be directed to Trustly. All one has to do now is to enter the name of the bank, after which they will log in to the system through their standard online banking information.
The main advantage of Trustly as a payment method is that personal bank details are not given to the game portal as Trustly works as a payment interface. Some payment services work in a similar way, but Trustly offers its clients an additional advantage: unlike already mentioned services, you can withdraw your winnings without any difficulties. On top of that, the transactions made through Trustly are available on your bank account in just a few minutes. This means that Trustly is currently the fastest payment service provider for withdrawing winnings from online casinos.
Another benefit of Trustly is an automatic identity verification process so that there is no need for the gambling house to scan your credentials. This additionally adds to Trustly’s popularity among gambling enthusiasts.
All required services in the payment system are provided to both registered and non-registered users. Registration in Trustly is carried out by those who want to provide as much safety of money transfer as possible.
Built-in system Trustly verifies all the data inputted with the accounts, eliminating the possibility of even the smallest mistake.
To complete the registration procedure, the user needs to fill in a simple form on the service’s official website. There are two versions of the form offered: for individuals and for businesses.
The questionnaire for individuals contains the following fields:
For entrepreneurs the following fields are required in the questionnaire:
All data entered by users when making payments is entered by themselves. The Trustly payment system does not save them, sending the information to the bank’s interface via a secure connection.
Today, a large number of online casinos allow you to make deposits through the payment system Trustly.
To make Trustly payments the gambler must:
It should be understood that the deposit methods available depend on your geographical location. Logging in to the casino from a country where the Internet resource is not supported does not allow you to make a deposit to your bank account.
To withdraw funds via Trustly you need to follow the instructions below.
Trustly is supervised by the Swedish Financial Supervisory Authority and is well known outside of Sweden for its highest level of security in transactions. Trustly not only operates with innovative encryption methods, but has also obtained the special German TÜV certificate.
So gamblers don’t have to worry about third parties intercepting their personal data and can deposit and withdraw their winnings with Trustly without any problems.
Trustly is a payment interface that performs transactions between online casinos and specific users. In spite of the fact that this service exists not so long ago as most of other payment systems, Trustly managed to interest a great number of gamblers all over Europe.
There are a lot of benefits for gamblers who use this payment service. The obvious advantages include:
Despite the convenience and ease of use, as well as the set of significant advantages, the payment service Trustly has a number of significant drawbacks. Some of them are very serious.