What is Trustly?
Trustly is an online payment service that allows you to deposit and transfer money easily and without any delay. The service has been around since 2008, and as of today, is operational in about 30 different countries.
With the advancement in technology, Trustly has rejuvenated its services and product, adding important innovations that allow for a more seamless transfer of funds from one person to another. This new addition makes the payment option more suited and perfect for gambling on esports betting platforms.
If you’re after some alternative methods of online payment, be sure to check out PayPal and Paysafe – see if they are also available to you.
Esports Betting Sites with Trustly
For a payment service that has been in operation since 2008, one would expect that many esports betting sites would have adopted the option and allowed punters to use it. This expectation was duly met as Trustly is available on as many reputable esports betting sites as you can think of.
Below are a few of the online bookmakers that allow you to make a deposit and withdraw your winnings with Trustly;
Some brands within the esports betting scene exude reputation and integrity. One of these brands is Bet365. The online bookmaker is one of the A-list esports betting sites in the US and many countries. So it was not surprising to see that the bookmaker allows punters to use a reputable payment option such as Trustly.
Using Trustly on Bet365 comes with many benefits. One of such is the $100 bonus credit you get when you make your first deposit with Trustly. All you need to do to enjoy this bonus is create an esports betting account with Bet365 and use Trustly to make your first deposit.
Apart from the bonus credit, punters will enjoy other benefits such as fast payout and deposits. They will also enjoy impressive offerings from Trustly and Bet365.
Betway is another reputable esports betting site that allows you to use Trustly to make deposits and withdraw winnings. This online bookmaker has a lot of esports titles on offer, so you bet on your favorite esports titles and withdraw your winnings with Trustly.
When you make your first deposit on Betway with Trustly, you are eligible to get three free bets worth $10 each. This culminates in a total of $30 free bets for making your first deposit on the esports betting site with Trustly. However, to enjoy this bonus, you need to deposit a minimum of $10 into your Betway account.
Having reviewed two reputable and popular esports betting sites, it is clear that Trustly is a reputable payment solution as it partners with top esports betting sites. Thus, it is appropriate to add another reputable bookmaker into the mix. This is why Arcanebet cuts as one of the top esports betting sites that allows you to make bets with Trustly.
The online bookmaker has an awesome offering that includes an interesting array of esports titles, excellent customer support, and effective payment options. One of the payment options is Trustly, and it ensures fast withdrawals which is one of the core needs of an esports punter.
Finally, for making your first deposit with Trustly, you get a 50% bonus on your first deposit. This bonus can go as high as $100, meaning that you can double your initial input when you deposit on your Arcanebet account with Trustly.
On Arcanebet, you can also use Ecopayz and Neteller – two different payment methods for you to have a look at.
Using Trustly With Esports Betting Sites
Trustly is one of the trusted and secured payment methods available in the esports betting industry. The payment service has been in use for years, meaning a lot of esports bookmakers and punters are already familiar with it. However, for new punters who are just getting introduced to the payment service, this section will explain how to use the payment service.
What Trustly does is to perform your financial transactions on your behalf. This means that it acts as an intermediary between your bank and the esports betting site. This mode of operation makes it faster and easier to use.
One of the benefits of this mode of operation is you don’t need to download any app or software to use the payment. You need not sign up or create an account. All you need to do is provide the username and password for your online bank account. You can also use Trustly with other online payment services and e-wallets such as PayPal or Skrill.
So when you want to deposit on your favorite esports betting site, all you need to do is select Trustly as your preferred payment method under the deposit option. Once you do this, you will see a list of supported banks and payment services that Trustly supports and works with. If your bank is on the list, select the bank and you will then be required to provide the sign-in details of your online banking account.
After providing the details, you will be taken to your online bank page where you will complete the transaction and the amount you stated will get added to your esports betting account. It is important to state here that Trustly doesn’t save your bank account details. You will have to input the details every time you need to use the payment service to deposit funds into your esports betting account.
The reason for this feature is to ensure the safety of your funds. By not saving the details of your bank account, hackers and malicious internet users cannot access the details if they hack into Trustly’s database. This system ensures that your bank account details are safe as you keep them.
Finally, it is almost impossible to hack or breach the security protocol in place at Trustly. The payment service is regulated and authorized to operate by the Swedish FSA. The Swedish FSA is the regulatory body for all banks and financial organizations within Sweden, where Trustly operates from.
Advantages of Trustly
Esports betting sites have lots of payment options. Why then do many punters prefer to use Trustly for depositing funds and withdrawing winnings from their esports betting account? Here are the reasons;
Completes Payment in Record time
One of the top benefits you enjoy with Trustly is the fact you get fast and seamless transactions when you use the payment service. This is due to the mode of operation adopted by the payment service where it only connects the punter’s bank account with their esports betting account. As a result, all the bottlenecks that could cause a delay in payment get removed and eliminated.
Works with Major Banks
Another perk of using this payment service is the fact that you can use it with many banks. The payment service is popular and trusted and as a result, many financial bodies and banks allow you to complete your transactions with Trustly. The list of financial organizations supported includes e-wallet brands such as Skrill and Paypal. You can also use online payment services with Trustly. This means that you need not worry about finding a compatible payment for your esports betting activities as Trustly supports all banks.
It Supports Gambling
This is more like a no-brainer as we have no business discussing the payment service if it doesn’t support esports betting and other forms of gambling. However, it is important to state that Trustly has a special gambling service that allows it to serve punters and esports betting sites specially. Unlike online payment services such as Revolut, there is no restriction of any kind regarding gambling with the payments service.
Easy and Secure
Trustly is one of the easiest and safest payment methods that you will ever come across. To start with, it doesn’t require you to download any app or software before you use the payment service. Also, you need not create an account or sign up to any page. All you need to do is select the payment service as your preferred option and provide the details of your bank account and your transactions get completed.
Trustly is also very safe due to its mode of operation. As you don’t create an account with Trustly, the payment service doesn’t hold personal or financial details in its database. Thus, in the event of a successful cyberattack, which is almost impossible, hackers would find nothing about you or your bank details on Trustly’s database.
The combination of these features and benefits are the reasons why punters and lovers of esports betting enjoy using Trustly as their preferred payment option.
Disadvantages of Using Trustly
While Trustly is an excellent payment service, it is not a perfect option. This means that the payment service is not without its downsides and disadvantages. Here are some of the drawbacks that you may experience when using Trustly for your esports betting activities;
It Doesn’t Work With All Banks
As much as Trustly is a reputable payment option with lots of banks and betting sites, you may find that it is not supported by all financial organizations. This means if your bank is relatively new or you reside in a country where Trustly is not that popular, you may find it a bit hard to use the payment service.
In the same vein, you won’t find Trustly with all esports betting sites. So if your favorite online bookmaker doesn’t allow you to use the payment service, you may not be able to use it even if it is compatible with your bank or financial organizations.
Needs Bank Details every time
While this is a potent security strategy, having to input your online banking details every time you use Trustly is a boring exercise that gets boring and annoying as time goes by.
Apart from the monotonous nature of the process, it slows the transactions down as the punter has to input the details, a process that could take minutes depending on the punter.
This feature could also cause a problem for punters who have a problem with memorizing their bank details. If this set of people should misplace their details, it may become somewhat difficult for them to use Trustly.
Thus this feature makes it difficult for some punters to use the payment service on the go.
Countries and Regions Where You Can Use Trustly for Esports Betting
Trustly is a global payment service that operates in many countries in the world. However, there are some countries where you will enjoy using Trustly for esports betting better. Some of these countries are
This is where Trustly started from and currently operates from. This means that it is expected that lots of esports betting sites in this country would allow you to make payments and withdrawals with Trustly. The payment service is also supported by the most popular bank in Sweden, Swedbank, and ten other banks in Sweden.
When you use Trustly with esports betting sites such as Bwin or Bet365 in Sweden, you pay no charges for transactions. You can also deposit and withdraw as much as 80,000 Swedish currency with this Trustly.
This country is known for having stringent laws on gambling, so it was a relief to see that the government allows Trustly to support online betting in the country. As many as twelve banks in the UK support Trustly and a host of esports betting sites too. Depending on the bookmaker, the minimum and maximum deposits vary, but there are no extra charges for withdrawing or depositing funds into your esports betting account when you use Trustly in the UK.
Germany is one of the countries where Trustly found a perfect home. Up to 3000 banks in Germany support the use of Trustly for gambling and other activities. This means that it is almost impossible for your bank not to be on the supported bank list if you are a punter in Germany. Again, there are no extra charges for depositing and withdrawing funds on esports betting sites if you use Trustly in Germany. And as with other countries, the minimum and maximum withdrawal and deposit amount depending on the esports betting sites you are signed to.
Norway and Finland
These countries are also very receptive to Trustly. This is expected seeing as they are very close to Sweden where the payment service operates from. While the number of banks that support Trustly in Norway isn’t known, we can confirm that the betting experience with Trustly is nothing short of seamless. You get fast and tax-free withdrawals from Trustly in Norway, and you can also use the payment service with e-wallets in Norway.
In Finland, you get almost the same experience when you use Trustly. The only difference is the fees involved. You pay some fees for using Trustly in Finland, more specifically, when you make withdrawals. You pay a total of 12 euros when you make withdrawals and this fee covers tax on your winnings.
Payment methods are important parts of the offerings of any esports betting site. Thus, punters are always on the lookout for ideal and impressive payment methods that allows them to deposit and make withdrawals as fast as possible. Punters also prefer payment methods that don’t require them to pay extra cash on deposits and withdrawals.
Trustly is one of the payment options that check all of these boxes. It is fast, secure, and doesn’t charge processing or extra fees on transactions. The payment service is compatible with lots of banks and financial institutions and doesn’t require the creation of any account before use. Trustly holds a lot of benefits for esports punters and is a payment service that is highly recommended for punters regardless of their location or expertise.
Trustly not for you? If not, that’s alright. A lot of esports betting sites allow credit cards, as well as Skrill and Klarna.
❓ How do I create a Trustly Account?
You do not need to create an account before you use the payment service. All you need to do is select Trustly as your payment option and provide the required details. This system is a security measure and keeps your data and funds safer.
⚠️ Which Banks Can I Use With Trustly?
In total, 3300 banks support Trustly as a payment option. These 3300 banks are spread across 29 countries which means you can use Trustly in any of these 29 countries.
❔ Can I Use Trustly With Other Online Payment Methods?
Trustly allows you to transact with online payment services and e-wallets alike. Thus, rather than provide details of your bank, you can simply provide details to these services and Trustly will do the rest.