Banking at Trustly Bookmakers Couldn’t be Easier

Trustly is a secure Swedish-based payment portal that has been offering its services since 2008. If you have been making deposits and withdrawals at online sportsbooks, you’ve likely seen the Trustly logo. However, there’s a good chance you haven’t used it yet because the service just expanded into Canada in 2020. You are at the right place if you want to learn more about this excellent payment option.

Canadian Bookmakers with Trustly

Trustly is overseen by the Swedish Financial Supervisory Authority. Because Trustly uses the most modern security technology including the highest available encryption and two-factor authentication, users have virtually no chance of falling victim to fraud. Canadians can use Trustly at many of the world’s best online sportsbooks such as the Trustly bookmakers on the list below.

$200 Bonus

$200 Bonus

€200 Bonus

$100 Bonus

$100 Bonus

Why Use Trustly?

Pros:

  • Registration not required
  • Highly secure
  • Low fees

Cons:

  • Not supported by all major bookmakers
  • Users need to log into their bank when they use Trustly

Trustly makes it unbelievably easy to make deposits and withdrawals at bookmakers that support it as a payment option. How does it work? Well, Trustly is an intermediary that moves your money from your bank account and into your betting account. Conversely, it can move your bookmaker withdrawals from your bookie to your bank account.

As a user, there is no need to register an account with Trustly. All you need is a bank account that allows you to perform bank transfers. You simply choose it from the payment options provided by your sportsbook and Trustly takes it from there. The fact that Trustly does not retain any of your banking information should be reassuring.

Unlike eWallets that allow you to store funds, Trustly just transfers the funds to and from your bank. And it does so with a great deal of efficiency. Deposits at Trustly bookmakers are instant and withdrawals are relatively fast. Trustly deposits also qualify for bonuses at most betting sites. Just follow these steps to fund your sportsbook account:

  1. Log into your sportsbook using your PC or mobile browser
  2. Go to the banking section
  3. Select the “Deposit” option
  4. Select Trustly from the list of payment methods
  5. Enter the amount you wish to deposit
  6. You will be redirected to your bank. Follow the instructions.
  7. Confirm the transaction
  8. Collect any available deposit bonus
  9. Start placing your sports bets

As mentioned, Trustly deposits are instant and highly secure. Even though having to log into your bank might be a bit of a drag, it’s better than having Trustly store your banking details. If you have any problems or questions, you can get in touch with one of Trustly’s helpful customer service reps over the telephone seven days a week between 9 AM and midnight CET.

One of the best things about using Trustly are low fees. You can expect to pay a 1.5% commission when you use the service. Of course, you’ll have to check with your financial institution and sportsbook to find out what, if any fees they charge.

This is significantly cheaper than other similar payment providers who charge 2.5% to fund your wallet and $10 to transfer funds from your eWallet to your bank account. Speaking of withdrawals, while some Trustly bookmakers will process your withdrawal within a couple of hours, many of them take 2-3 days to do it. Check with your bookmaker to learn about their pending periods and withdrawal times.

FAQs

Conclusion

Canadians have a plethora of options available for making deposits and withdrawals at sportsbooks. It may take a while for Trustly to gain traction in Canada, but online sports bettors will undoubtedly warm up to this payment provider because it is much cheaper to use than most other payment methods. If your bookie supports Trustly, why not give it a try next time you make a deposit? You’ll be thrilled with the low fees, speed, and overall convenience of it.