This payment service was created to make it easier to work with your bank account. That is, Trustly does not have its own internal wallet and this system is needed only in order to remotely manage money from your bank account. Thanks to this, money for online purchases can be sent almost instantly and with minimal fees.
Trustly is a Swedish company and cannot be called a pioneer in this market. It appeared in 2008, at that time analogues already existed. Initially, this service was considered as a local system to work exclusively on the Swedish market. This is a common practice, in Europe almost every country has its own payment systems, services focused only on the domestic market.
As its popularity grew, Trustly expanded into other markets as well. At the time of preparation of the review, more than 2 million transactions are processed per month, and the service operates in 29 European countries. You can find out if the functionality of the service is supported in your country on the website of the payment service.
The company is regulated by the Swedish regulator SFSA. Trustly also has a license as a European payment system provider. A lot of awards also speak in favor of reliability and good reputation. For example, last year the payment service took 3rd place among European payment services at the Fintech Awards.
The set of advantages is standard for such services:
Despite the ease of use and a set of serious advantages, it was not without drawbacks. Some of them are quite serious:
The set of strengths and weaknesses is typical for a payment system that started out as a local one. Although the entry into the international market did occur, a number of problems related to the geography of work remained.
This method of depositing an account has good support from online casinos. Just under a hundred casinos allow customers to fund their account through Trustly. This can be explained by the fact that in Europe there are no problems with this payment service, in every EU country you can work with it.
To replenish an account:
Please note that the available deposit methods on the casino website are selected depending on your geographic location. If you enter the site from a country in which casinos are not supported, then you will not see such a deposit method either.
Trustly payment service is a typical solution for working with a bank account, its functionality practically does not differ from similar solutions. You can only single out the geography of work, the service works throughout Europe, so EU residents will not experience problems with replenishing their account. As for other markets, Trustly does not work on them, which is why it cannot be recommended as a universal method of depositing an account. Collapse