Online betting is a booming industry, with a wide range of platforms available to users around the globe. Many of these betting platforms, known as Trustly betting sites, offer different payment methods to accommodate the varying needs and preferences of their users. One such method, increasingly gaining popularity, is Trustly – an innovative payment service that allows online banking e-payments. Trustly betting sites are favored by many due to the secure and efficient transactions that Trustly offers, and it is trusted by numerous users and betting platforms alike.
What is Trustly?
Trustly is a Sweden-based fintech company founded in 2008. It provides an online payment solution that allows customers to make payments directly from their bank accounts. The company acts as a middleman, connecting online businesses, customers, and their banks without the need for debit or credit cards.
Trustly operates within the European Economic Area (EEA) and is supervised by the Swedish Financial Supervisory Authority. As of my knowledge cutoff in September 2021, Trustly supported more than 6,000 banks across 29 European countries.
Why use Trustly for online betting?
1. Security
Trustly provides a secure payment method without the need to share card details with betting sites. It uses two-factor authentication and operates under the supervision of the Swedish Financial Supervisory Authority. This level of security has earned Trustly a reputation as a trusted and reliable payment method among users and betting sites.
2. Speed
Transactions made through Trustly are processed in real-time. This means that deposits made to betting sites are instant, allowing users to start placing bets without waiting for the transaction to be processed.
3. Convenience
Using Trustly requires no additional registration or software download. Users can complete transactions using their existing online banking credentials.
4. No fees
In most cases, using Trustly as a payment method on betting sites incurs no additional fees, making it a cost-effective choice for many bettors.
Top Trustly Betting Sites
The following table presents some of the top betting sites that accept Trustly as a payment method:
| Betting Site | Welcome Bonus | Minimum Deposit | Trustly Transaction Fee | Trustly Processing Time |
|---|---|---|---|---|
| Bet365 | 100% up to $100 | $10 | Free | Instant |
| Unibet | 50% up to $50 | $10 | Free | Instant |
| Betway | 100% up to $200 | $10 | Free | Instant |
| 888sport | Bet $10 Get $30 | $10 | Free | Instant |
| LeoVegas | 100% up to $100 | $10 | Free | Instant |
*Please note that these details are subject to change, and users are advised to review the terms and conditions of each site before making transactions.
Part 4: How to use Trustly on Betting Sites
- Choose a Betting Site: The first step is to select a betting site that accepts Trustly as a payment method. Consider the platform’s reputation, available sports, betting odds, and user experience.
- Create an Account: Once a site has been chosen, create an account by following the platform’s sign-up process. This usually involves providing some basic personal information and confirming your email address.
- Select Trustly as Your Payment Method: After setting up an account, go to the cashier or payment methods section. Select Trustly as your desired deposit method.
- Enter Deposit Amount: Decide how much money you would like to deposit and enter this amount into the appropriate field.
- Authorize the Payment: You will be redirected to the Trustly interface, where you will select your bank and sign in using your online banking credentials. Review the details of the transaction, then authorize the payment.
- Start Betting: Once the deposit has been made, you can start placing bets on your chosen platform.
Part 5: Pros and Cons of Trustly Betting Sites
Pros
- Enhanced security as it eliminates the need to share bank details with betting sites
- Real-time transactions ensure that funds are immediately available for betting
- Trustly is a widely accepted payment method in the online betting industry
- No registration or software download required
Cons
- Only available to users who have bank accounts in supported countries
- If the bank does not support Trustly, users will need to find an alternative payment method
- Some banks may charge fees for transactions, even if Trustly does not
Conclusion
Trustly is a reliable and secure payment method that offers real-time transactions, making it a popular choice for online bettors. While it may not be available to all users, those who have access to it can enjoy a seamless, secure, and efficient betting experience. As always, it’s important to research and understand the terms and conditions of any betting site and payment method before diving in.