Trustly is a popular casino payment method, especially in Sweden and other parts of Scandinavia. Trustly Group AB, a Swedish corporation, is the parent company. They are regulated by the Swedish Financial Supervisory Authority, known in Sweden as the Finansinspektionen.
The business was founded in 2008. In 2017, customers can use Trustly in 29 different countries in Europe including Spain, Denmark, Italy, Germany, Ireland, and the United Kingdom.
Trustly is a fast, simple, and secure way to conduct your banking while playing online casinos. But why is it so popular?
Like the German payment method Sofort, customers do not have to sign up to Trustly in order to process transactions. This is because all players need are their online bank account details.
How Trustly casinos work
When making a deposit at an online casino, enter the amount you want to pay and then choose Trustly as your preferred payment method. From that point onwards, you can pay with Trustly in their self-proclaimed 3 simple steps.
Those 3 steps are as follows:
- Select your bank, and log in with your regular username, password, or other such codes over a secure, encrypted connection.
- Then, choose the bank account from which you wish to pay. This could be a current or checking account or even a savings account.
- Finally, you verify the transaction.
As payment methods go, you really cannot get any simpler. It is especially convenient as it requires no extra registration and the subsequent extra codes and passwords that you would have to remember.
Advantages & Disadvantages of Using Trustly
Last year, Trustly finished in the Top 3 of the Payments category at the European Fintech awards. The business now processes over 2 millions transactions every month. It is safe and secure, and if you have joined a casino that offers it, then it should be a strong contender as your payment method.
But this brings us to the one potential downside. Unfortunately, many Canadian online casinos do not offer Trustly as a payment method. Although, they are growing rapidly as a viable and widely available payment option, there is still some way to go before it becomes ubiquitous.
However, here on Inside Casino, you can find the casinos that do offer Trustly as a payment method. If you’re sick of new passwords and entering credit card numbers and expiry dates constantly, then it could well be the deposit and withdrawal method for you.