Table of Contents
- The popularity of Trustly Casinos
- Availability of Trustly Casinos
- Pros and Cons of Trustly Casinos
- Trustly Payment Methods Comparison Table
- Withdrawals at Trustly Casinos
- Staying Safe When Using Trustly
- Regulated Markets for Trustly Casinos
- The reputation of Trustly Casinos
- Overseas Trustly Casinos
- Staying Safe When Depositing with Trustly
Trustly has become an important deposit option for thousands of players who enjoy playing at top online slots and table casinos. Speedy, safe, and fee-free fund transfers are assured whenever you use this method, giving gambling fans a great payment alternative to MasterCard, PayPal, or the PaysafeCard.
At casinos.win, we are always looking for ways to make the lives of casino players easier. Our expert team has reviewed Trustly to unearth all of its good and bad points, and on the back of this, has compiled a list of the best casinos that operate in Canada where Trustly deposits are supported. Check out our detailed guide to depositing and withdrawing via Trustly for casino fanatics in Canada.
The popularity of Trustly Casinos
Trustly has endured something of a meteoric rise since the firm was launched in Sweden in 2008. So much so that Trustly now delivers services that over 500 million consumers can access through its associations with 6000 global banking outfits.
One key focus for Trustly is to corner a slice of the iGaming payments market. As an open banking option, similar to e-wallet competitors such as PayPal,
Trustly provides online casino customers with the option of making deposits to top slots, and table game venues via a simple, fast bank transfer. It is no surprise that more players than ever are turning to Trustly as an efficient means of building bankroll whenever they want to have a spin on their favourite games.
Availability of Trustly Casinos
One of the potential barriers to using Trustly as a payment method whenever you wish to play at one of the online casinos that our experts recommend is the geographic spread of the service.
As a Swedish business, Trustly has spent many of its embryonic years building up its reputation within the European payments market. This is great for fans of e-wallets in iGaming hotspots such as the U.K., Ireland, and Malta but not so beneficial for players in North America and Asia.
However, Trustly is expanding slowly. In 2019, Trustly made moves to offer its services to consumers in Australia, Canada, and the United States, with further expansion promised in the years to come.
At present, Trustly has a foothold in twenty-nine national markets and is accepted as a means of payment at over 300 quality online casinos.
Our mission is to update you as Trustly enhances its global reach. Keep an eye on pages as new developments take place!
Pros and Cons of Trustly Casinos
The 21st Century has been a turning point in the history of payment networks.
Many still love the simplicity of using cash whenever the option is available. In contrast, alternate groups love nothing more than signing up for an account with the latest high-tech payments firm. Consider many pros and cons before you plump for either approach. The same can certainly be said for Trustly.
Many of the cons revolve around the permissions that Trustly customers must agree to when signing up to use the service.
The dealings of Trustly have been placed under the spotlight since 2013. At this time, banking partners first suggested that Trustly was using the access that it gains to its customer’s bank accounts to build up a wealth of illegitimate data.
The charge suggested that Trustly was accessing information about its client’s share-dealing and asset management that was inappropriate for it to come by.
Although Finnish financial regulators suggested that Trustly’s data-gathering techniques are illegal, Trustly counters that its terms and conditions are clear about the information that it may access when completing a transaction.
In an increasingly digital world, ethics are likely to be at the forefront of the minds of consumers, with these issues potentially impacting the popularity of some payment options in the years to come.
Of course, if you are laid back about cookies and permissions, many benefits can be gleaned.
Trustly is really easy to use – If you ever wish to use Trustly to complete your casino deposit, you need to follow just three basic steps.
- First, click on the Trustly payments option.
- Second, select your country from the options available (if your casino does not support your country of residence, Trustly cannot be used).
- Third, input your account and payment details, and let Trustly do the rest. Trustly will contact your bank, allowing you to complete all the required permissions for your deposit to complete.
Almost all transfers that Trustly facilitates will complete instantly, though some payments may take up to 15 minutes to hit your account.
Card numbers are protected – there is no need to transfer your bank account details to your casino when you use Trustly to make deposits. You can protect your account number, sort code, long card details, and CVV, but using Trustly as a payments middleman.
Trustly transfers you to your account holder so that you can instruct your bank to pass your money on. Your casino will see your cash and nothing else.
Trustly is highly secure – in an age where internet fraud is always at the back of your mind, you need to find a payment method that incorporates all of the cutting-edge encryption technologies that are needed to cloak your online activities from others.
Trustly uses all of the security features that are adopted by global banks, with Trustly’s fraud prevention measures also gaining the seal of approval from the Swedish Financial Supervisory Authority.
Trusted by major casinos – from a standing start, Trustly has built up a close working relationship with hundreds of the biggest online casino brands.
This means that top gambling sites are happy to accept deposits, but the most influential regulators also trust Trustly’s attributes. The United Kingdom Gambling Commission, the Alderney Gambling Control Commission, the Gibraltar Betting and Gaming Association, and the Malta Gaming Authority all approve Trustly as a valid payment method for their members.
Many of the casinos that Trustly is allied with advertise no fees for using this method. However, in certain instances, some associated costs may be incurred. This is especially the case where a transaction involves a foreign currency exchange.
Pros-
Easy yo use -
Speedy
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No card required
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Approved by top casinos
Cons-
Privacy concerns -
Potential fees
Trustly Payment Methods Comparison Table
| Payment Method | Minimum Deposit (CAD) | Maximum Deposit (CAD) | Deposit Fees (CAD) | Withdrawal Fees (CAD) | Deposit Speed |
|---|---|---|---|---|---|
| Trustly | 10 | 10000 | Free | Free | Instant |
| Bank Transfer | 50 | 200000 | Free | Free | Instant |
| Bitcoin | 0.0001 BCH | 0.05 BCH | Free | Free | Instant |
| Boku | 5 | 30 | Free | Free | Instant |
| EcoPayz | 10 | 50000 | Free | Free | Instant |
| Ethereum | 0.001 ETH | 0.5 ETH | Free | Free | Instant |
| Inpay | 10 | 5000 | Free | Free | Instant |
| Interac | 10 | 10000 | Free | Free | Instant |
| Litecoin | 0.01 LTC | 1 LTC | Free | Free | Instant |
| MasterCard | 10 | 50000 | Free | Free | Instant |
| Much Better | 10 | 50000 | Free | Free | Instant |
| Neosurf | 10 | 500 | Free | Free | Instant |
| Neteller | 10 | 50000 | Free | Free | Instant |
| PaysafeCard | 1 | 500 | Free | Free | Instant |
| Ripple | 5 XRP | 500 XRP | Free | Free | Instant |
| Skrill | 10 | 50000 | Free | Free | Instant |
| Visa | 10 | 50000 | Free | Free | Instant |
Withdrawals at Trustly Casinos
One of the issues that occasionally makes the lives of casino fans a little more complicated is when an approved deposit method is not available to use for withdrawals.
Of course, at casinos.win, we understand that finding a deposit method that is ideal for you is an important issue for any gambling connoisseur. Still, I am always more concerned about how quickly, safely, and easily I can pick up my occasional winnings!
These occasions are few and far between, but recently I did string together a couple of lucky spins on Xxxtreme Lightning Roulette and proceeded to withdraw this cash using Trustly. I must say that I was impressed.
- I needed to head to my casino’s banking section and click on the Trustly option to get my hands on my hard-earned cash.
- I clicked on the link to my preferred bank account that I had previously attached and was taken to a new window to confirm my request.
- I was pleased to see that this amount appeared in my account within four hours. I have received payouts slightly quicker when using alternatives such as Skrill, but still, it was a laudable effort.
Staying Safe When Using Trustly
This can be a big risk when you don’t have full confidence in the vendors you deal with online. Trustly takes away much of this danger by acting as the middleman between your bank and your casino so that your favourite betting venues never get sight of your bank details.
However, you should always be careful about which casinos you choose to play with as you will still find some casino operators that masquerade as a bonafide site as a ruse to pocket your cash or hide behind a complex set of terms and conditions that ensures that opportunities to convert your deposits into withdrawable returns are limited.
This risk varies somewhat based on a couple of important factors.
Regulated Markets for Trustly Casinos
It is online casino 101, but you should never transfer your cash to an unlicensed casino. If you deposit to a site that doesn’t even pretend to be underpinned by some form of regulation, it is quite likely that you’ll never see this money again.
Conversely, playing at a casino that is licensed by the United Kingdom Gambling Commission (UKGC), the Malta Gaming Authority, the Alderney Gambling Control Commission (AGCC), or the Gibraltar Gaming and Betting Authority (GBGA) is preferred. You will have legal recourse to complain about dubious practices that your casino might enter into from time to time, a much more agreeable state of affairs.
This is a great position for some casino players to be in. Players in the United Kingdom, Ireland, and some provinces of Canada can only play on sites aligned with the player protection values that the UKGC believes in.
The reputation of Trustly Casinos
The casino’s reputation is the second factor you should always consider before completing a deposit via Trustly or any other means.
As in many other industries, you will occasionally find a rogue trader in the iGaming business that sullies the name of a more professional outfit.
One of our main concerns is ensuring that the casinos we promote are fair operators who give you a decent chance to profit from your wagers.
One of the best ways to understand how a casino works are for our experts to open an account and see if any surprises arise. We will only ever give the nod to sites where players can truly benefit from good fortune at the tables.
We also dive deep into a firm’s history. Longevity is often key. If a management team has a long track record, they tend to provide a good service to players, new and old.
Overseas Trustly Casinos
Assessing the worth of casinos in gambling outposts is often tricky. You might come across a Trustly casino that holds a licence issued by authorities in Curacao, the Netherlands Antilles, or the Kahnawake Reservation in Canada, but does this approval guarantee a safe and fair site?
At casinos.win, we are always more cautious when we come across a casino that only holds accreditation with one of these bodies.
Many good casinos hail from these more obscure locations, but you also find that casinos based in these backwaters have complicated rules and regulations.
This often means that additional hoops must be jumped through to turn a welcome bonus into withdrawal cash or that withdrawal limits are inflated to make payouts difficult to complete.
We always prefer UKGC or MGA operators over all others.
Staying Safe When Depositing with Trustly
Most of the time, you will find numerous opportunities to play your favourite casino games at a well-regulated site with an excellent reputation. Still, even when this is the case, there are several things that you should be aware of to keep you safe when using Trustly.
- First, you should always be aware of your requested transactions. Never give your permission to complete a transaction with Trustly that you have not set up.
- Secondly, the beauty of Trustly is that you don’t need to pass on your details. If you are asked to provide these, contact your bank immediately.
- Third, remote fraud is on the rise. If you are contacted by anyone claiming to be a Trustly operative and asked to download an app or associated software, do not do this. Trustly will never ask you to change the configuration of your devices in any way.
- Fourth, do not open any attachments in communications that are addressed as being from Trustly if you are not confident of their origin. Fraudsters often use computer viruses to glean confidential data from web users; attachments are a simple way to embed these.
- Fifth, never send money to “friends” following an unusual request unless you can confirm this personally. Phone cloning allows hackers to pretend to be acquaintances and instigate fraudulent activity.
Although you are unlikely ever to be personally targeted by fraudsters online, the team at Trustly advises that you should immediately contact your bank if you are concerned about any activity that you come across when web surfing.