Trustly - One of the Largest Online Payment Systems on the Planet
Trustly is an online payment system that was developed with the goal of providing customers with a quick, secure, and easy payment system for online transactions. Launched in 2008, Trustly–formerly known as Instant Bank and GluePay–can be used for paying for goods and services online, as well as making deposits to online casino accounts.
The service utilizes funds drawn from the user’s bank account, and is supported by over 50 banks in eight countries. To date, more than 67 million customers utilize the Trustly system for making various online transactions.
How Does Trustly Work?
Trustly is one of the simplest electronic payment systems available, which accounts for its growing popularity among online casino player. The system is integrated with the payment systems of supported online casino sites, so the process of funding an online casino account is fast and seamless. There is no need to register with Trustly either, as the payment system is directly supported by affiliated online casinos.
Although funds for Trustly transactions are drawn from a linked bank account, there is no end to provide bank information directly to the casino. Users simply select Trustly as the payment option when making a deposit, and the funds are transferred automatically after providing basic bank details and logging into the associated bank account.
| Trustly Facts | |
|---|---|
| Type | Online Payment System |
| Deposits | Yes |
| Withdrawals | No |
| Deposit Fees | Free - 1.95% |
| Withdrawal Fees | N/A |
| Typical Casino Limits | Deposits: £10 minimum, £10,000 maximum. Withdrawals: £25 minimum, £100,000 maximum |
| Headquarters | Stockholm, Sweden |
| Contact Details | Phone: +46 850 521 120 |
| Website | http://www.trustly.com/ |
How to Create a Trustly Account
With Trustly, there is no need to install any software or even register for an account. all that users need in order to perform a deposit transaction is a valid bank account from which the funds to be deposited will be withdrawn.
Funding Your Trustly Account / Making A Transfer to A Casino Account
Trustly is not an e-wallet service, which means that there is no need to “prefund” an account before making a deposit at an online casino. Instead, casino players simply select Trustly when making a deposit into an online casino account.
Here is the process for making a deposit in an online casino via Trustly:
- Go to the casino’s “deposits” page.
- Select “Trustly” as the deposit method.
- Specify the amount you wish to deposit. You will then be directed to the casino’s “instant bank transfer” page.
- Choose your country and bank.
- Fill in your online banking credentials.
- Confirm the transaction.
Making a Withdrawal From Trustly
Unfortunately, it is not possible to withdraw funds from an online casino account via Trustly. Although you can theoretically deposit funds via Trustly and withdraw them via another method, keep in mind that most casinos will allow you to withdraw funds only via the same payment method which you used to make the deposit.
Security and Privacy of Your Personal Information
Trustly interfaces directly with your bank, so the security of your transactions is ensured by your banking system. Because banks set the industry standard for safety, security, and information privacy, all transactions performed by way of Trustly have virtually zero risk of fraud or chargebacks.
Furthermore, Trustly is a licensed to operate and is regulated by the Swedish Financial Supervisory Authority. This gives it a level of security and reliability that other e-payment systems are unable to provide. Trustly is a European Payment Services Provider (PSP) licensee under the supervision of the Payment Services Directive.
Apart from the security measures implemented by your banking system, your transactions are also protected by Trustly’s state-of-the-art data encryption system. No user information is stored by Trustly on any of its servers.
Fee Summary
Some casinos do not charge fees for using Trustly to make deposits via direct bank e-payment transactions. However, some casinos may charge as much as 1.95% of the deposit amount for the transaction.
Customer Service
The Trustly website has a support center from which customers can get assistance. There is also a FAQ for most common queries. Customers also have the option to leave feedback via an online feedback form provided on the site.