The Scandic payment provider Trustly is a reputable direct bank payment provider; the services have in recent years boomed to become one of the most popular methods in Sweden’s, Finland’s, Denmark’s, and more recently in Spain.
The main advantage of Trustly is that it allows users to make instant bank transfers without the need of any other third-party providers.
One of the best ways for players to withdraw their money instantly from their online gaming account is to transfer the funds directly from their bank. There is a degree of comfort that is associated with your financial institution handling these payments, knowing sufficiently well that they will apply only the highest level of security measures and maximum attention to your favor to protect their clients and their client’s funds. Unfortunately, such direct transactions are not always possible.
Because of this reason, some numbers of different companies have stepped in to act as alternatives that can process faster payments from a variety of local banks to online casinos. That’s where Trustly comes in. As one of the most significant choices of local transfer, Trustly is a Swedish organization that was formed in 2008. It was formerly known as InstantBan, and this firm has quickly grown to be one of Europe’s most widely used and accepted payment processor in the online gaming world, servicing up to over 30 countries and many local banks in the European region.
you will have to create an account in any one of their reputable online casino sites that accept Trustly transactions. There are a high number of casinos that provide this option, particularly among those that render their services to European markets.
After registration, sign in with your casino login and password for your account and find the list of approved deposit option in the cashier section of their website.
In either ways, clicking it will show up a registration form that you will need to fill out with the necessary details, which includes the number of funds you wish to transact, and the name of your local bank.
At this point, you will be required to provide login credentials of your online banking account to be able to process the transaction. Unlike other similar platforms, all transactions are done in one page, and you do not have to navigate away from the cashier’s website that you’ve been logged in on while you decide the account, and the amount you want to make your payments with, and verify the necessary details of your purchase.
In most cases, the funds will then be automatically wired to the casino in an instant, and it will show up in your casino account balance in a matter of minutes. In other cases, with local banks that aren’t directly associated with the Trustly network, you will still be able to do transfers through this service. Furthermore, this process will take more time, at an estimated 1-3 days waiting period is a typical example.
In this case, the casino sends your money directly to your local bank account of choice, provided that it’s in the network of banks that accept this service. The transaction time for this withdrawal process varies and depends on the casinos as well as the bank involved in the transfer.
Trustly has a good number of advantages. It’s this combination of advantages that make it an almost perfect option for players. Firstly, just like other e-banking transfer systems found online, it provides a medium to safely use the same process you have used initially to pay your bills or make online banking transfers so that you can fund your gaming balances. A lot of users find this option to be an easy and safe option when compared to other third-party services that most players may be unfamiliar with.
First, it tends to be slighter faster than other processors of this type, because you can do almost everything right from inside the casino’s website instead of having to go to and from of your banking web portal. Secondly, Trustly network services a wide range of banks in many countries; an added advantage is that it also supports many other banking institutions that are out-of-network. This makes it far better than most of the other transfer options available that only provide transactions with some selected banks in a vast market such as eGaming.
Having been formed in Sweden, Trustly has evolved to be an eGaming household brand that supports payments in more than 29 different European countries. This is almost nearly every nation in Western and Central Europe, and also Scandinavia (with Switzerland being notably exempted). It also services the British Isles and much of Eastern Europe.
Setting up an account with Trustly is completely free, after sign up, it charges no fees directly to its users for making depositing funds through this method. Moreover, it is often possible for some other banks to charge their customers a small token for making transfers with them, which would be included in these deposits. Though this is not common, it is better to check with your banking institution to be sure.
In recent times, some other similar businesses have sprung up, too, allowing players to make withdrawal and deposit transactions through their online banking platform. A few examples include Citadel (available in other nations and regions in Europe), POLi (Australia & New Zealand), and iDeal (Netherlands).
Unfortunately, Trustly is more typically used for deposit transactions, and not mainly for withdrawing your potential winnings. Most casinos that use Trustly usually offer a variety of safe and fast funds withdrawal processes for you to choose from. For example, if you prefer to keep using your local bank account for withdrawals, money wire transfers or bank transfers are options available at most gaming websites.
Today, Trustly has grown to become one of the most widely used payment processors in all of Europe. When you adopt this method, Trustly tackles most of the fraud-related risks associated on your behalf, and all payments are safe and guaranteed.
In addition to the security features the company strategized for its users, your local bank will still retain hands-on processing with your transfers; Meaning your withdrawals, deposits and account information are secured by industry practice and modern state-of-the-art protocols as is with any other bank transfer globally.
As with most deposit options available, transactions made through Trustly are processed instantly this means that you can dive straight into action once your transaction has been submitted. In contrast to a traditional direct bank deposit, you will not have to deal with your local bank’s online site in order to process your transactions, but instead, can manage your wallets straight from the casino’s website.