Trustly is now one of the most preferred online payment gateways globally, easing online gamers, traders, and shoppers. This has made the gamers choose this over the others. If you look at the number of customer acquisition in financial services in European markets, you will notice a hike of up to 75% higher than the manual bank transfers.
Trustly is also one of the top payment methods for Pay n Play casinos. Have a look at the top Pay n Play casinos today.
Now, let us check out the positives and negatives of using Trustly.
1. Security
Third-party providers or TPPs and merchants have offered better safety to the users with the PSD2 API. The European Banking Authority or EBA has offered some guidance and ensures the consumers do not face any problem. Trustly follows the rules as per the Financial Supervisory Authority or FSA.
In short, it is secure for gamers to use Trustly while playing or betting at any casino without any fear. The SSL Encryption keeps the user’s identity and banking information secret.
The flexible layout of the BackOffice interface allows easy individual login and access with two-factor authentication. The BackOffice has data for the merchants or banks to extract in CSV format.
Trustly offers a Payment Initiation Service, which protects consumers while opting for it as a preferred banking method. It also requires a strong authentication and verification method where you will need to give in all your authentic banking credentials.
2. Speed
Speed is the middle name of Trustly, and it processes payouts instantly at any time of the day. This is usually when you are using the portal’s chosen banks or markets. Trustly has its proprietary banking platform to ensure this speed.
Funding on one of the partner banks of Trustly, you, as a merchant, will be able to manage the money flow across Europe. Today, gamers and merchants use Trustly for their same-day payouts. However, remember that regular banks may take more time to process these payouts. There may also be a delay in currency conversion if you use any other method. It might take 3 bank days before the funds get clearance.
3. Casino Reload Bonuses
Today, casinos offer Trustly as one of their chosen payment portals, and you, too, can benefit using the same. It is fast and hassle-free for depositing as well as withdrawing your winnings. In addition, managing payouts via this method is simple for the customers.
Many casinos offer special reload or other welcome bonuses to the users opting for Trustly. Look out for such offers by reading the terms and conditions of the casino.
4. Convenience
If you seek to deposit via Trustly, you will find many attributes that assist you in this process. The merchants and other sectors plan to partner with Trustly, prefer them for their API, and complete integration. Their BackOffice interface has all the tools to help the merchants use Trustly daily. BackOffice's team also ensures they offer support to the users around the clock 24/7 in Spanish and English languages.
They also offer cross-currency transaction ease, and all these have enabled businesses to introduce Trustly to their payment options. The convenience of using this payment gateway is what makes it an ideal choice.
5. Reputation
Trustly is a popular Payment Service Provider or PSP and working on clean lines while processing and easing online payment options. It has been helpful in the growing client base. It has digitally executed payments from an online bank to the merchant’s site. This has contributed to the millions of users they have today and the need to set up newer offices across the country.
Trustly’s reputation serves as a positive feature, and you can trust it for paying in or out.
6. Cost
The brand of Trustly is for transactions between consumers and merchants. This means you cannot integrate your business bank account with Trustly. There is no cost for integrating and setting it up. However, there is a transaction fee of 1.5% that is a minimum of 0.8 EUR, but there is no other charge. However, the banks or the country you use Trustly from has some specific charges.
7. Customer Service
Trustly’s users may have queries about the use or transactions. This is why you can at first check out the FAQ section and get all the details first. In the FAQ, there are all the possible questions and answers for the same. If you cannot find your question here, writing it down in the contact form is advisable.
The other speedier response option is to call in one of the two numbers given on the site. One is an international number, and one is specifically for the Swedish language players. The overall customer service is top-notch, which is a positive feature of Trustly and can be a great reason for gamers to opt for it. Moreover, this service is available 24/7, and it only eases the player’s convenience.
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