Trustly Betting Sites
- Top Trustly Sportsbooks Ranked by Trustpilot Rating
- Comparison of Top Trustly Sports Betting Sites
- Top 15 Betting Sites for Trustly
- How Trustly Functions
- Open Banking Online Payments
- Depositing to Your Sportsbook Balance
- Withdrawing from your Sportsbook Balance
- Cost and Fees
- Security and Privacy
- Advantages of Trustly
- Disadvantages of Trustly
- Conclusion
Below you can find our expert reviews of reputable and regulated sports betting sites that accept deposits with Trustly. Each betting site was thoroughly tested and verified by our team.
In the field of online sports betting, there is a steady trend of withdrawing from traditional bank card payments. An increasing number of punters prefer using any of the various online banking solutions on the market, and probably the most popular and trusted option is Trustly. Established as a small Swedish company back in 2008, the payment provider quickly gained an impressive volume of customers both in Europe and the Americas.
Trustly allows for making fast and secure payments directly from your online banking account. Users have no reasons to worry about the safety of their funds since the company does not store any sensitive information and applies encryption methods to protect all transactions.
Top Trustly Sportsbooks Ranked by Trustpilot Rating
Sportsbook | Reviews | Rating |
---|---|---|
N1 Bet | 195 | 3.8 ⭐ |
22Bet | 1,632 | 3.7 ⭐ |
20Bet | 660 | 3.1 ⭐ |
LeoVegas Sport | 5,699 | 2.9 ⭐ |
Casumo Sports | 1,901 | 2.7 ⭐ |
NordicBet | 29 | 2.5 ⭐ |
Betsafe | 250 | 1.8 ⭐ |
Betsson | 190 | 1.5 ⭐ |
Mr Green | 4,160 | 1.5 ⭐ |
Unibet | 1,544 | 1.4 ⭐ |
bet365 | 4,691 | 1.3 ⭐ |
VBet | 278 | 1.3 ⭐ |
888sport | 2,317 | 1.2 ⭐ |
Comparison of Top Trustly Sports Betting Sites
Sportsbook | Sports on Offer | Min Deposit | Min Withdrawal | Min Bet | Bonuses | Bonus Wagering Requirements | In-Play Betting | Licenses |
---|---|---|---|---|---|---|---|---|
bet365 | Football, Tennis, Speedway, Table Tennis, and 40+ other sports | $/€10 | $/€10 | $/€0.10 | New Account Offer up to €50 in Bet Credits | Place qualifying bets to release bet credits (New Account Offer) | Yes | UKGC (#055148-R-331498-001) |
NordicBet | Football, Baseball, Handball, Golf, Ice Hockey, Snooker, and 30+ sports | €10 | $20 | €0.10 | Sports Welcome Offer 100% Bonus + €20 Free Bet | 100% Welcome Bonus up to €100 + 140 Free Spins with first deposit, and free entry to the Nordic Bet Million game; Second deposit of €20 gives bettors a €20 Free Bet and 20 Free Spins | Yes | MGA (MGA/CRP/108/2004) SGA (23Si2179) |
22Bet | Football, Tennis, Basketball, Ice Hockey, Volleyball, and over 40 other sports | $/€1 | $/€10 | $0.10 | • 100% Welcome Bonus up to €122 | • 5x bonus funds on accumulator bets (Welcome Bonus) | Yes | Curaçao (#8048/JAZ2017-067) |
888sport | Football, Horse Racing, Tennis, American Football, and 20+ other sports | $/€10 | $/€10 | $/€0.10 | • €30 Free Bet on First Bet | Free bets must be fully wagered | Yes | UKGC (#039028-R-319297-012) |
Betsson | Cricket, Baseball,Basketball, Soccer, and 30 other sports | €10 | €20 | €0.10 | Welcome Package: €100 Bonus Daily Acca Insurance: €15 cashback | 8x the bonus at min. No WR on Acca | Yes | Malta Gaming Authority Swedish Gambling Danish Gambling |
20Bet | Football, Tennis, Basketball, Table Tennis, Ice Hockey, and 30+ other sports | $/€10 | $/€10 | $/€0.10 | • 100% Welcome Bonus up to $/€100 | • 5x bonus amount on accumulator bets (Welcome Bonus) | Yes | Curaçao (#8048/JAZ2017-067) |
N1 Bet | Soccer, Ice Hockey, Basketball, Tennis, Volleyball, Esports, and 20+ sports | €/$20 - bank cards, e-walletsiDebit, Interac - CA$30 BTC - 0.0001 | €/$20 | Not specified | First Deposit Bonus Free Bet 50% up to $300 | Free bet with 50% of the first deposit sum; | Yes | The Curacao Gambling Commission (8048/JAZ2020-013)) |
Betsafe | Football, Tennis, Basketball, American Football, and 30+ other sports | $/€10 | $/€10 | $/€0.10 | * Welcome Offer 100% up to €100 + €15 Free Bets | * 8x WR on deposit on odds of 1.50 or greater within 30 days; 1x WR on free bet on odds of 1.50 (Welcome Offer) | Yes | MGA (MGA/CRP/108/2004) |
VBet | Football, Basketball, Volleyball, Tennis, Boxing, and 30+ other sports | $/€10 | $/€10 | $/€0.10 | • 10% Daily Cashback Up to €100 | • Cashback Free Bet must be fully wagered (10% Daily Cashback) | Yes | UKGC (#44662) |
LeoVegas Sport | Football, Baseball, Tennis, Table Tennis, and 30+ other sports | $/€10 | $/€20 | N/A | Welcome Offer: Up to €30 in Free Bets | No WR on free bet wins | Yes | MGA (#MGA/CRP/237/2013) |
Casumo Sports | Football, Tennis, Horse Racing, Basketball, and 20+ other sports | $/€10 | $/€10 | $/€0.10 | • 100% extra profit up to CA$1,000 on First Bet | • No WR on free bet wins (100% extra profit Welcome Offer) | Yes | MGA (#MGA/CRP/217/2012) |
Mr Green | Football, Tennis, Esports, Horse Racing, and 30+ other sports | $/€10 | $/€10 | $/€0.10 | First Deposit Free Bets | 2x€10 free bets must be fully wagered within 7 days | Yes | UKGC (#039264-R-319432-018) |
Unibet | Hockey, Soccer, Cricket, eSports, Golf, and 30+ othersports | €10€15 for Neteller and Skrill | €10€15 for Visa | €0.10 | Welcome Offer: | Welcome Offer: | Yes | Irish Revenue Commissioners (1013174) Malta Gaming Authority (MGA/B2C/106/2000) UK Gambling Commission (045322-R-324275-017) Swedish Gambling Authority (SGA) Gibraltar Gambling Commissioner (No. 092) |
Top 15 Betting Sites for Trustly
bet365
Bet Now ReviewLicensesUKGC (#055148-R-331498-001) MGA (#MGA/CRP/531/2018) Government of Gibraltar (#076) +10 jurisdictions (including US states)Min Deposit$/€10Min Withdrawal$/€10Withdrawal Time* E-wallets - 1-4 hours* Debit Card - 1-4 hours* Credit Cards - 1-5 days* Wire Transfer - up to 12 hoursDeposit MethodsSponsorshipsUEFA Champions LeagueContact DetailsLive Chat: Yes email: support.eng@customerservices365.com Phone: 00 800 1236 5365- Broad experience in the online gaming scene
- Several bonuses and promotions
- Responsive customer support
- Apps for iOS and Android users
- Advantageous odds
- Great market coverage
When sports fans are choosing a virtual bookmaker for their sports bets, they can always trust bet365. This is a leading name in the online gambling scene, with the sportsbook section of bet365 catering to the needs of different bettors. Under each category of the sports betting lobby, there will be numerous betting markets to choose from.
With bet365 welcoming bettors from different countries, it has made sure that every punter will have convenient payment solutions at their disposal. Some members of bet365 will have the chance to handle their deposits via Trustly, which will act as a mediator between their bank account and the sportsbook. Unfortunately, when it comes to withdrawals, bettors will need to resort to other methods.
NordicBet
LicensesMGA (MGA/CRP/108/2004)SGA (23Si2179)Min Deposit€10Min Withdrawal$20Withdrawal TimeBank cards - 2-5 business daysBank Transfer - 2-7 business daysE-wallets - instantDeposit MethodsSponsorshipsThe Swedish Hockey LeagueThe Champions Hockey LeagueThe Danish Metal LigaenContact DetailsLive Chat: YesEmail: support-en@nordicbet.comPhone: +44 800 031 8236- Great sports coverage
- Punters are offered various betting markets
- Provides competitive odds on top sports
- Live betting available on various sports
- Supports several safe and fast payment methods
- 24/7 Customer support
Nordicbet members can enjoy a great betting experience since the bookmaker offers competitive odds on a wide range of top sports. Punters will be able to bet on lines on their favorite events and choose between pre-match and in-play bets on a number of sports. No matter the type of bet that you want to place, you will be able to easily set up your stakes thanks to the betslip feature of Nordicbet.
To ensure fast and smooth payments for its customers, the sportsbook is supporting different banking solutions. For fast and extremely secure deposits, some bettors may choose to use Trustly, which will enable them to instantly top up their accounts without exposing any sensitive banking information. Unfortunately, the method is not available for withdrawals from Nordicbet.
22Bet
Min Deposit$/€1Min Withdrawal$/€10Withdrawal Time• Cryptocurrencies - 15 minutes• E-wallets - up to 24 hours• Credit & debit cards - up to 7 business daysDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes email: support-en@22bet.com Phone: +357 99 816806- Coverage of over 1,000 sporting events each day
- Over 100 payment methods
- Minimum deposits of $1 only
- A broad range of limited-time and recurring sportsbook promos
- Native iOS and Android apps
- Dedicated customer support in several languages
You can make the most out of your time at 22bet, with the virtual sportsbook offering a wide range of options that will fit the preferences of every bettor. No matter what your favorite sport is, you will be able to find it in the sportsbook lobby of 22bet. The bookie offers different betting markets on major leagues and tournaments. In addition to pre-match bets, 22bet will also allow you to make in-play bets on quite a few sports.
Payments at 22bet are simple, fast, and secure, with the bookmaker supporting a wide range of banking solutions. Some bettors might also have the chance to handle their deposit via Trustly, which allows instant payments that do not require exposing any type of sensitive information. While this is a convenient deposit option, 22bet members will need to resort to alternative methods for their withdrawals.
888sport
Bet Now ReviewLicensesUKGC (#039028-R-319297-012) MGA (#MGA/CRP/543/2018) Government of Gibraltar (#112 and #113)Min Deposit$/€10Min Withdrawal$/€10Withdrawal Time• E-wallets and Rapid Transfer - 2-3 days• Visa and ApplePay - up to 6 days• Wire transfer - 5-8 daysDeposit MethodsSponsorshipsNational Football League (NFL), Dundalk Football Club, Cardiff City FCContact DetailsLive Chat: Yes email: support@888sport.com Phone: N/A- In-Play betting
- Long history in the gambling industry
- Dozens of payment solutions supported
- Wide range of sports
- Good mobile support
- Dedicated mobile app
Members of 888sport can choose from an extensive selection of sports, with the sportsbook offering competitive odds on a variety of top sporting events. Of course, in addition to providing lines on popular matches, the sportsbook also provides diverse betting options, with punters also having the chance to make live bets on several top sports.
When it comes to payments, the bookmaker accepts several banking methods that enable fast and secure transactions. One of the supported options is Trustly, which will act as a mediator between a punter’s bank account and sportsbook balance. Conveniently enough the option is available for both deposits and withdrawals, with bettors being able to receive their winnings within 2 to 3 days after they have requested a withdrawal.
Betsson
ReviewLicensesMalta Gaming Authority (MGA/CRP/108/2004)Swedish Gambling Authority (SGA)Danish Gambling Authority (DGA)Min Deposit€10Min Withdrawal€20Withdrawal TimeBank Transfer: 2 to7 daysCards: 2 to 5 daysE-Wallets: Up to 24hoursDeposit MethodsSponsorshipsAtletico NacionalInter MilanOFI CretePremier PadelContact DetailsLive Chat: YesEmail: support-en@betsson.comPhone: +356 2260 3300- Numerous betting markets
- In-Play betting
- Accepts various hassle-free and safe payment methods
- Properly regulated virtual sportsbook
- Great Customer Support
- Live streaming of big events
Betsson is a virtual sportsbook that enables punters to make various types of bets on some of the most popular international sporting events. Placing your wager is extremely easy thanks to the betslip function of the bookie. As a member of Betsson, you will be able to choose from numerous pre-match betting options or opt for the live betting available on some sports.
Payments at Betsson are possible with the help of different trust-worthy banking solutions. One of the options that are available both for deposits and withdrawals is Trustly. It allows punters to transfer money to or from their bank account through the Trustly system. That ensures the security of transactions, making one’s Betsson payments extremely safe.
20Bet
Min Deposit$/€10Min Withdrawal$/€10Withdrawal Time• E-wallets - 12 hours• Cryptos - 24 hours•Credit/debit cards - 7 business daysDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes email: support@20bet.com Phone: N/A- Great coverage of top sporting events
- A generous Welcome Offer
- Supports different secure and easy-to-use payment methods
- All punters automatically join the VIP program of 20Bet
- Android and iOS users can bet on fully-optimized mobile version of 20Bet
- 24/7 live chat customer support
Bettors can visit 20bet’s official website whenever they are looking for a rewarding, fun, and fair sports betting experience. This virtual bookmaker can provide plenty of competitive odds on major sporting events, with some of the biggest international tournaments and leagues being available in the Top Events section of the bookie.
Payments at 20bet can be very easy thanks to the numerous methods supported by the brand. Bank cards, e-wallets, and crypto coins are a few of the types of payments one can use to handle their payments at 20bet. For their deposits, some bettors might also have access to the service of Trustly, enabling instant and extremely convenient payments. As for the withdrawals, bettors will need to resort to another banking method.
N1 Bet
Min Deposit€/$20 - bank cards, e-walletsiDebit, Interac - CA$30 BTC - 0.0001Min Withdrawal€/$20Withdrawal TimeBank cards - up to 7 business dayseWallets - up to 12 hoursCryptocurrencies - less than 24 hoursDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes Email: support@n1bet.com Phone: N/A- Extensive sports coverage
- Supports a wide range of payment solutions
- In-play bets on major sporting events
- Generous promotions for sports betting fans
- Optimized to run on mobile devices
- Video streams of major sporting events
It is inevitable to have a great betting experience if you start placing your bets at N1 Bet. This virtual sportsbook is ready to provide competitive lines on a variety of sports, allowing punters to choose from different betting markets. N1 Bet offers its members the chance to place pre-match bets on some of the most popular sporting events. There is also the chance that many of them may offer in-play bets, making the whole experience very exciting.
To allow punters smooth and safe deposits and withdrawals, N1 Bet is supporting payments via various methods. Trustly deposits are also among the options that some bettors will be able to resort to. Unfortunately, for their withdrawals, punters will need to opt for other methods.
Betsafe
ReviewLicensesMGA (MGA/CRP/108/2004) Ireland’s Revenue Commissioners (#1011286) Swedish Gambling Authority (#23Si2178)Min Deposit$/€10Min Withdrawal$/€10Withdrawal Time* Bank cards - up to 5 business days* E-wallets - up to 24 hours* Bank Transfer - up to 5 business daysDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes Email: support-en@betsafe.com Phone: +44 808 238 0028- Trusted and legitimate website
- Wide range of payment services and currencies
- Great customer support 24/7
- Dozens of betting markets
- Licensed by prominent gambling authorities
- Great live betting selection
Betsafe ensures a top-notch sports betting experience for its patrons, who will be able to place a wide variety of bets with the virtual bookie. All top sports are covered by the sportsbook, allowing bettors to place their money on extremely competitive lines. The brand has made sure that every type of punter will be pleased with the options they have, which is why you can find both pre-match and in-play betting options on major sporting events.
As for the payments of punters, the bookie has made sure it can provide smooth deposits and withdrawals to different users. Trustly is one of the many supported payment systems one can use on Betsafe. It is available for both deposits and withdrawals, with both types of transactions being processed extremely fast.
VBet
Min Deposit$/€10Min Withdrawal$/€10Withdrawal TimeUp to 72 hoursDeposit MethodsSponsorshipsAFA, AS Monaco, OGC Nice, Pyunik Yerevan, Malta Premier League, Malta Football Association, Ukranian Football Association, FC Dynamo Kiyv, FC Oleksandriya, NK VeresContact DetailsLive Chat: Yes Email: support@vbet.com Phone: +1 (323) 3955131- Great selection of sports to bet on
- Live betting on popular sports
- Boosted odds on certain events
- Secure payments via a variety of methods
- Optimized to run on various mobile devices
- Live calendar displaying events offering in-play bets
The betting experience at VBet is always very rewarding, fun, and fair. The sportsbook makes sure that its patrons will have plenty of options to choose from, with the betting section offering lines on football, basketball, tennis, and other major sports. Thanks to the Live Calendar section of VBet you can find in-play betting options on a number of huge sporting events.
While you are guaranteed a fun time at Vbet thanks to the different betting options you have, you will also be able to handle your betting funds with ease. The sportsbook accepts a long list of payment solutions, with Trustly being one of them. The service can be used for fast and secure deposits and withdrawals, allowing punters to always be on top of their VBet payments.
LeoVegas Sport
Bet NowLicensesMGA (#MGA/CRP/237/2013) Ireland Revenue Commissioners (#1012453) Swedish Gambling Authority (#23Si808) UKGC (#39198)Min Deposit$/€10Min Withdrawal$/€20Withdrawal Time• Credit/Debit Cards - 3-5 days • E-wallets - Up to 24 hours • Bank Transfer - 2-5 daysDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes Email: help@leovegas.com Phone: N/A- Covers various popular sports
- Offers competitive odds
- Punters can redeem generous promotions
- Fast and safe payments
- Dedicated Android and iOS app
- Live betting on major sporting events
At LeoVegas, punters can explore a wide variety of betting options that will cater to the needs of every sports fan. Making bets on your favorite sporting events will be a cakewalk as the bookie covers all major leagues and tournaments. Competitive odds are among LeoVegas’ strong sides, giving bettors the best possible value for their stakes.
You will be able to handle your finances in a very convenient way as the bookmaker supports several payment methods. One of the deposit options at your disposal includes Trustly, which enables instant deposits without requesting you to expose any banking details. When it comes to withdrawals, however, punters might need to resort to other methods.
Casumo Sports
Bet NowLicensesMGA (#MGA/CRP/217/2012) Irish Revenue Commissioners (#1015523) AGCO (#OPIG1239089) Swedish Gambling Authority (#23Si773) Gibraltar (#126 and #127) UKGC (#061549)Min Deposit$/€10Min Withdrawal$/€10Withdrawal Time• Credit/Debit Cards - 1-5 days • E-wallets - Up to 48 hours • Trustly - Up to 48 hours • Bank Transfers - 1-5 daysDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes Email: hey@casumo.com Phone: N/A- Customizable sportsbook experience
- Secure and fast payments
- Dedicated Android and iOS app
- Various live betting options
- Bountiful promotional offers
- Supports wide range of payment methods
Casumo is a gambling brand that offers different types of products, with sports betting also being one of them. The sportsbook section of the brand allows bettors to choose from a plethora of sports, with Casumo offering competitive odds on major leagues and tournaments. In addition to a large number of pre-match options, Casumo also provides in-play betting on quite a few sports.
Payments at Casumo are always smooth as the bookmaker accepts a wide range of banking methods. Trustly is one of the deposit solutions some members of Casumo can resort to. It allows them to instantly top up their balances, with Trustly acting as a mediator between their bank accounts and the sportsbook.
Mr Green
Bet Now ReviewLicensesUKGC (#039264-R-319432-018) Ireland’s Revenue Commissioner (#1011600) MGA (#MGA/CRP/121/2006) Danish Gambling Authority (#18-0457046) Swedish Gambling Authority (#23Si2199)Min Deposit$/€10Min Withdrawal$/€10Withdrawal Time• Credit/Debit cards - up to 3 days• Bank transfers and Trustly - up to 5 business days• E-wallets and Paysafe wallets - up to 2 hoursDeposit MethodsSponsorshipsN/AContact DetailsLive Chat: Yes email: customerservice@mrgreen.com Phone: N/A- Live betting
- Best odds on UK and Irish racing
- Mr Green accepts secure and easy-to-use payment methods
- Offers a dedicated mobile app
- Provides several contact options
- Award-winning trustworthy brand
Sports betting fans can make the most of their time if they join Mr Green. This virtual sportsbook is allowing punters to choose from multiple competitive lines provided on some of the biggest international events. You can make pre-match bets on the sports you enjoy the most, with many of them also allowing in-play bets.
At Mr Green, bettors will be able to handle their deposits and withdrawals in the way they find most convenient. Trustly is one of the methods that punters can use for their payments at Mr Green. It allows instant deposits, while withdrawals are processed within 3 to 5 days after the bookie approves the cashout request.
Unibet
ReviewLicensesIrish Revenue Commissioners (1013174)Malta Gaming Authority (MGA/B2C/106/2000)UK Gambling Commission (045322-R-324275-017)Swedish Gambling Authority (SGA)Gibraltar Gambling Commissioner (No. 092)Min Deposit€10€15 for Neteller and SkrillMin Withdrawal€10€15 for VisaWithdrawal TimeCards: 1 to 3 daysDirect Banking: 1 to 3daysE-Wallets: Up to 12hoursDeposit MethodsSponsorshipsMiddlesbrough FCCheltenham FestivalNHL SwedenF.C. CopenhagenPFL Europe DivisionContact DetailsLive Chat: YesEmail: info@unibetsupport.comPhone: 0808 1686635- Superb native apps for iOS and Android
- Market diversity and great odds for all major sporting events
- A broad range of live-betting markets
- Live streaming of more than 40,000 events each year
- Clean, easy-to-use interface
- Various promotional offers for sports fans
Unibet is a brand well-known among punters seeking the best sports betting experience online. The virtual sportsbook knows how to satisfy the needs of every bettor, which is why it offers great odds on major sports like football, basketball, hockey, and many more. To make one’s betting experience more diverse, the bookie offers in-play bets on quite a few sports.
There is no need to worry whenever you want to deposit funds to your account or you wish to cash out your winnings. Unibet supports various payment solutions that allow fast and secure transactions. Trustly is also among the available banking options at Unibet, with the service being available for both deposits and withdrawals.
The fact that Trustly works with multiple banks around the globe means that withdrawals are possible too, which makes it a preferred choice of thousands of bettors in different parts of the world. Other industries where Trustly perfectly fits are e-commerce, financial services, and travel-related transactions. What is more, the company has offices in Stockholm, Örebro, Sliema, London, Helsinki, Cologne, Barcelona, Lisbon, San Francisco, and Vitória, so it is easy to get in touch with.
How Trustly Functions
By its nature, Trustly is a digital account-to-account platform that requires no credit card or bank numbers to be filled in, and also no billing info to be presented. By providing its customers with the opportunity to use their own banks, Trustly proves itself as being a trustworthy payment solution. One of the things users like best is that the company allows for instant confirmation of purchases, which leads to the merchants being able to serve their customers faster.
If you intend to execute online payments via Trustly, there are just a few simple steps to be followed:
- Arrange the transfer as usual
- Select Pay with Trustly at the payment step
- Select your country and bank
- Confirm the payment
If you cannot find Trustly within the list in Step 2, this means you are not allowed to use this method. As regards Step 3, keep in mind that you will have to enter your online banking username and password each time you want to use Trustly.
Open Banking Online Payments
The PSD2 (the Second Payment Services Directive) fully in force since September 2019, introduced an EU regulatory framework that permits online payment providers to securely access consumers’ accounts and gather transaction data or perform payments on their behalf after an explicit confirmation. A consequence of the introduction of PSD2 is that now banks are obliged to allow and assist authorized third parties to initiate online payments. This will surely make modern-oriented consumers use bank transfers much more often.
Open Banking payments attract consumers and more particularly online bettors, with a few noteworthy features. First of all, it is simple and not time-consuming to execute them. You only must authenticate yourself one time to allow an Open Banking payment provider to access your data. After that, it is easy to pay from their bank instantly, without having to enter banking details or additional credentials. Second, Open Banking empowers customers to execute all kinds of payments in a method they are familiar with, just more quickly and conveniently.
Depositing to Your Sportsbook Balance
The first thing online bettors need to do is log in to their sportsbook account and go to the relevant cashier section. Trustly is either directly visible or listed within the online banking subcategory. After you select Trustly you must indicate the amount you want to fund your balance with and a bonus code if you have any. The next step is to select your bank and enter the required username and password or other credentials.
After punters authorize the transaction they receive a confirmation email with the deposit details. The time for money to appear in the account balance varies between a few minutes and 2 business days depending on each bank’s policy. As for the transaction limits, there is no generally accepted rule. Our team explored multiple online sportsbooks and the highest amount we came across is €100,000 which makes Trustly a suitable option for high-rollers.
One of Trustly’s beneficial features is Pay N Play. When integrated into an online betting platform it enables bettors to make instant deposits and also to use their banking information as data for the bookie to remember them as registered users, without the need to complete any additional signup form. This saves bettors from the sometimes monotonous verification procedures. All they must do is go to their betting site of choice, click the „play now“ button, select a bank to start a deposit, and confirm the transfer.
Withdrawing from your Sportsbook Balance
The procedure is pretty much the same as with deposits. No matter if you use the conventional login process or the Pay N Play option, you must enter your cashier, go to withdrawals, and select Trustly among the available methods. Then, determine the amount, select your bank, and authorize the transaction. Make sure you have read the bookie’s Payment Rules before arranging a transaction in order to avoid unnecessary delay or some additional charges.
Cashouts usually do not take much time, but still, KYC verification is a standard practice, so you may have to provide additional personal details or copies of some ID documents. In other words, Trustly does not impose long withdrawal procedures, but due to the bureaucratic essence of banks, it may take up to 72 hours before you can reach your winnings.
Cost and Fees
On the other hand, since Trustly is just an intermediary assisting you to execute online deposits and/or withdrawals, you may incur some transaction fees imposed either by the online betting platform or your bank. That is why you need to contact the bank you are operating with and get acquainted with the possible charges. As regards sportsbooks, some of them charge all withdrawals, no matter what the payment method is, and these are the ones you must be careful with. As for deposits via Trustly, there is hardly any bookmaker that applies specific fees.
As Trustly only processes transactions and does not hold any funds at any time, it cannot be used to initiate refunds. If a refund is commenced by a merchant, money is sent directly to your bank account, it has nothing to do with Trustly and therefore, the company has no refund fee.
Security and Privacy
A characteristic that contributes to a high level of privacy protection when using Trustly for making deposits or withdrawals related to your sports betting activity, or any other online payments, is that the company stores no information that can be used to access your bank account. The company uses the latest encryption methods and if you add your bank’s security system, you ultimately benefit from double protection.
As one of the most trusted payment service providers worldwide, Trustly closely works with its partner financial institutions to prevent and combat various events of fraud. This is especially important as unscrupulous individuals become more and more resourceful. Procedures have been developed for Trustly and the betting platform to try recovering the funds improperly taken.
The payment provider’s website features a special Fraud and Security section where users can find useful info on how to protect themselves and also a Contact Support form for sending inquiries. Trustly can be reached via phone too, +44 20 3917 4826 – for support in English and +46 8 446 831 33 – for support in Swedish. However, these can be used for general questions only in view of customers’ safety.
Advantages of Trustly
The only thing that could be more important to a punter than the speed of transactions is their security. In this respect, few payment service providers could boast more. Customers can benefit from a kind of double protection since both Trustly and the respective bank institution are interconnected entities that carry out the transactions. Holding a PSD2 certificate means that Trustly applies stringent security standards. Using this payment method is beneficial for bookmakers as well because it enables them to eliminate chargeback-related costs and to avoid lost revenue due to expiring cards.
Another advantage of Trustly is that it is accepted by a large number of online sportsbooks operating in different countries, mostly in Europe. What is more, the payment service supports 11 currencies and the company’s website can be explored in almost 15 languages including English, French, German, Spanish, Polish, Norwegian, Portuguese, Danish, Estonian, Latvian, Lithuanian, Dutch, Finnish, and Swedish. All these components contribute to a comprehensive understanding of the rules by consumers, as well as to the smooth execution of transactions related to their preferred betting platforms.
Last but not least, Trustly is an online banking method that comes with almost no service-related fees which makes it one of the most cost-efficient payment solutions on the market. The provider charges its users with no maintenance or similar fees simply because they do not have to set up accounts. If there are any transaction charges, they would be imposed by the relevant banks or by the sportsbooks, although this is a rather rare case.
Disadvantages of Trustly
Although it may be an officially approved payment service in a particular country, Trustly works with a certain range of banks only. This means that if your bank is not among the top brands in the field, you may not be able to use it for topping up your betting accounts balance. Before making a registration at an online sportsbook, always check the payment methods it supports since there are some bookies that have excluded Trustly from the options they provide.
One of the main advantages of Trustly, the security measures it implements, leads to the inconvenience of having to enter bank details every time you want to top up your account or withdraw your winnings. Having in mind how many usernames and passwords we use every day, another one to remember can be annoying. This can be really bothersome for on-the-go punters and can generally slow down the betting process.
It is quite unusual for a modern online banking method to have no dedicated mobile application. Even though there aren’t many complaints regarding the use of Trustly on mobile devices, the absence of an app is considered a drawback since a large number of users prefer this form of service.
Conclusion
The advantages of Trustly far surpass its drawbacks and it definitely deserves to give it a try. So, check if your bank partners with this payment service provider, find a Trustly-friendly bookie, make a deposit, and start betting. If luck is on your side, you can withdraw your winnings directly into your personal bank account.