Trustly is a Swedish payment provider that allows customers to bet online by paying from their bank account without entering credit card or other sensitive information. Today, there are many excellent Trustly betting sites that provide a fast and secure way for sports bettors to deposit money into their accounts.
Benefits of Choosing Trustly as Your Prefered Betting Payment Method
Trustly has been around since 2008 and, while it was initially created to be a shopping tool, due to the Pay N Play technology it has become a favourite among gamblers and sports bettors. So, if you’re playing at one of Trustly sports betting sites, chances are the bookie is using this technology to improve your customer experience.
But, there’s even more reasons to choose Trustly as one of your preferred betting deposit methods:
- It’s highly secure: Trustly works as a security barrier between your banking information and the bookie, uses the same encryption as the banks, and is supervised by the Swedish Financial Supervisory Authority.
- No sign-up required: You’re not required to register with Trustly to use its services. Just check whether the betting site accepts Trustly payments and you’ll only be logging into your normal banking account, but through the Trustly’s encrypted connection.
- Simplified payments: Depositing on betting sites with Trustly is much easier than using a wire transfer as it just requires you to log into your bank account and confirm the transaction. The same goes for withdrawals, too.
- Fast deposit times: Trustly payments are typically processed immediately and you’ll be able to start betting on sports in mere seconds after placing a deposit.
- No fees: Trustly doesn’t impose any extra fees on your transactions. That being said, your bank may charge you a fee when sending money this way.
How to Make a Deposit for Betting with Trustly
As previously discussed, the most important benefits of using Trustly over directly making wire transfers are convenience and speed. The process of making a deposit at Trustly betting sites looks like this:
- Head to one of the betting sites that use Trustly and open the Cashier.
- Select Trustly as your deposit method, select your bank from the list, and enter the amount you wish to deposit.
- Depending on your bank’s security requirements, you might be required to enter a one-time PIN (OTP) to complete the payment.
- Once the transaction is completed, the funds should be immediately available in your betting account.
How We Choose the Best Trustly Betting Sites
For bookies to even find their way to our list, they obviously need to support Trustly deposits. But, we look at other important factors to rank the sportsbooks and present you with a clear comparison of new betting sites added to this page.
Welcome Offer
We’re always on the lookout for good bonuses and incentives for signing up for betting sites. Trustly-exclusive bonuses are not really a thing at sportsbooks, but we do check whether these deposits qualify for bonus offers and other promotions on the site.
Transaction Limits
Sportsbooks should accommodate both cautious, low-stakes players, as well as high rollers who prefer depositing big amounts of money. Ideally, the minimum deposit requirements should be low, €10 is the most common value, but bookies should also allow for big daily deposits.
Licensing and Security
Trustly is already a secure payment system by itself, but it helps if the bookies consider the safety of their players. This should be reflected in the security features of the sportsbook, like 2-factor authentication and strong encryption. Also, do note whether the bookie has valid licenses and, even better, multiple licenses allowing them to operate in different territories.
Disadvantages of Betting Sites with Trustly
While there are many reasons to choose Trustly over other payment methods at your favourite sports betting sites, a few important factors can make it a hassle or simply not the best option for depositing at sportsbooks.
For example, even if you’re at one of the betting sites that accept Trustly, you might not be able to use this service at all. Why is that? Well, Trustly is currently available in a few select countries. So, if you’re not seeing it as one of the deposit options on your account, it means you’re in an unsupported region.
Similarly, payments may not be available in your preferred currency. Trustly supports transactions in CZK, DKK, EUR, GBP, NOK, and SEK, so if you’ve selected any other currency at a sportsbook, you’ll be required to do some conversions.
Since the platform is just a gateway system, you’ll need to log into your banking account every time you wish to make a deposit. This can, over time, become an inconvenience, especially if you make a lot of transactions.
Most Important Things to Remember When Betting with Trustly
As you can see, Trustly is a safe and fast way to deposit funds into your sportsbook accounts without giving them your private information. What’s even better, even on betting sites without a Swedish license, Trustly can still be a deposit option. Of course, as long as you’re in one of the supported territories.
Like with all other deposit methods, we urge you to play responsibly. It’s easy to lose track of your spending with such near-instant digital transfers, so set your monthly betting budget and set up limits on your account to keep the betting a fun activity.
