Trustly works as an additional layer of protection and as a facilitator between the payer’s bank, and the merchant that is paid to by the payer. At the time of writing, Trustly offers its service in 20+ countries in Europe alone.
Around 6,000 banks collaborate with this system, and more than 1 billion users enjoy the additional security of their payments with Trustly. This system has many advantages for everyday use and of course for real money gambling.
Pros:
- no need for account registration
- online casino-friendly
- all fees are only applied to the merchants
- many currencies are accepted
- fast transactions
Cons:
- not yet supported by all Canadian banks
- hidden fees by banks or casinos are possible
- sometimes, Trustly is only allowed for deposits and not for withdrawals