HomeBankingTrustly

Trustly betting sites in Colorado

Table of contents

Do you wish to wager on sports at the best Trustly betting sites in Colorado but don’t know where to start? Look no further as you are at the right place. As one of the most popular online payment methods, Trustly is increasingly being embraced in the sports betting industry.

Trustly is fast, easy to use, and allows players to make deposits and withdrawals safely to and from their gambling accounts. Apart from that, Trustly is widely available, making it an accessible payment option for bettors in Colorado.

This in-depth article will discuss everything you need to know about betting sites that accept Trustly. It will include how to deposit and withdraw through the payment method, its history, as well as its advantages. In addition, it will also list some of the alternatives to Trustly that you can use at online sportsbooks in Colorado.

What is Trustly?

Trustly is a payment service that enables you to make transactions directly from a bank account. It has been operating since 2008 and is today accepted by more than 3,000 banks in more than 30 countries worldwide.

To strengthen its presence in the payments sector, Trustly has partnered with big names such as Skrill, PayPal, and Neteller. In addition, it accepts multiple currencies, which makes transactions easier and more convenient.

With recent technological advancements, Trustly has upgraded its systems in order to improve its services. This has allowed the company to expand its product coverage to include payment processing at sports betting platforms. Nowadays, many Trustly gambling sites have launched in Colorado.

Although it is far from being the most popular option, Trustly is preferred by punters for its low fees and quick transfers. Besides, using it is quite straightforward. Firstly, you need to possess a checking account with a bank that accepts Trustly. Thereafter, you simply choose the Trustly option when depositing or withdrawing from your sports betting account.

How to deposit to Colorado betting sites using Trustly

Making deposits to Colorado betting sites with Trustly is very easy and straightforward. It involves the following steps.

  1. Log in to your Colorado betting account and move to the cashier section.
  2. Click on the “deposit” button. Then, from the list of available payment methods, choose Trustly as the option that you prefer.
  3. Next is to input the amount of cash you wish to deposit into your sports betting account. Click OK.
  4. Consequently, you’ll be taken to the Trustly site where you must select your bank from the available list of banks.
  5. You’ll then be redirected to your banking account where you can confirm and authenticate the payment.

How to withdraw money using Trustly on CO sportsbooks

When you wish to withdraw your winnings from a CO betting site using Trustly, the procedure is also straightforward. Here are the step-by-step instructions.

  1. Log into your Colorado sportsbook account and go to the cashier section.
  2. Click on the “withdraw” button and select Trustly from the list of available payment methods.
  3. Next is to enter the amount of cash you would like to withdraw from your betting account. Then click OK.
  4. On the Trustly website, select your bank from the list of banks that is displayed.
  5. Click OK and then authenticate the transaction from your bank account.

Advantages of using Trustly at Colorado betting sites

Using Trustly at betting sites in Colorado comes with plenty of advantages. Here are the pros of Trustly.

  • Safe & Secure – With its many layers of protection, Trustly is one of the safest and most secure payment methods. Usually, your account is protected with a password, meaning nobody can access it. Apart from that, the payment method uses high-end encryption in order to protect your financial data. Add in the anti-fraud technology, and you can rest assured that you are always safe when transacting with Trustly.
  • Blazing fast deposits & withdrawals – When you use Trustly, you will enjoy seamless and blazing fast transactions. This is because the payment method directly connects your betting account with your bank account. As a result, all bottlenecks that can cause delays are eliminated.
  • Keep your credit or debit card information private – Normally, Trustly doesn’t need you to link any credit or debit card before you can use it. This means your banking information is always safe even when a cyberattack occurs within the system.
  • Zero to low fees – Trustly comes with zero transaction fees, making it among the most cost-efficient payment methods. However, in cases where there are fees, they are often charged by the respective bank or by the betting site.

Trustly history

The history of Trustly dates back to 2008 when it was founded. Headquarters are found in Stockholm Sweden, and the mission of the company was to offer consumers a means of processing their payments via their bank accounts.

Over the years, the payment provider has expanded its services by collaborating with numerous banks all over the world. By 2018, Trustly was worth 700 million dollars, an outstanding achievement for a firm that was just a decade old.

In 2019, Trustly entered into a partnership with PayWithMyBank, a move that elevated it to the global online banking network. At the moment, the company has more than 450 employees and is licensed as a payment institution by the Swedish Financial Supervisory Authority.

Apart from its Stockholm headquarters, Trustly also owns offices in the US, Spain, Malta, Germany, Finland, and Brazil. In North America, the payment service has a customer base of more than 20 million people. It is also found on most online gambling sites in Colorado

Alternatives to Trustly on Colorado betting sites

At betting sites in Colorado, you will find some payment methods that you can use instead of Trustly. The following are the most common options:

  • Venmo betting sites Colorado – Venmo is one of the newest online payment methods in the world today. It is owned by PayPal and is increasingly being adopted by betting sites as a payment option. One of the reasons to consider using Venmo at a sportsbook is its speed of transactions. This service processes deposits in minutes, so you can start placing wagers almost instantly. However, some betting platforms may not offer Venmo as a withdrawal option, meaning you’ll need to use another payment method.
  • Online banking betting sites Colorado – Apart from Trustly, you will also find various online banking alternatives when using a betting site in Colorado. These include iDEAL, SOFORT, and Interac, among others. Making gambling transactions with online banking is very secure since the transfer is initiated by a bank that you trust and are comfortable with. In addition, online banking options normally offer high transaction limits. Thus, if you are a high roller, you can make bigger bets without any restrictions.
  • PayPal betting sites Colorado – As the biggest e-wallet in the world, PayPal is found at almost all sportsbooks in Colorado. It offers a high level of security to transactions, thanks to its fraud detection mechanisms that protect users against identity theft and email phishing. Apart from that, convenience is also another advantage that PayPal offers to punters. When depositing, you simply need to enter the amount you’d like to transfer, and voilà, you’re done. There are no expiry dates, complicated security codes, or other headaches.
  • Neteller betting sites Colorado – The popularity of Neteller among consumers has contributed to a rapid increase in the number of sportsbooks that accept it. It is among the best e-wallets in the betting industry thanks to its range of features. With Neteller, you get an extra layer of protection for your financial transactions thanks to its advanced encryption technology. In addition, you can fund your Neteller account with more than 26 different currencies, which is quite impressive.
  • Skrill betting sites Colorado – A giant in the online payments market, Skrill is widely accepted by sportsbook operators. It provides a secure way to fund your betting account and even has a section dedicated to helping punters when they’re depositing and withdrawing. Other than that, Skrill is easy to use, something which is common with many e-wallets. And if you like to make payments while on the move, the provider has a slick mobile app that is very responsive and offers the same security as the desktop version.

FAQ

Is Trustly a safe option for use on Colorado betting sites?

Yes, Trustly is a safe option for using on Colorado betting sites. If you are looking to make gambling payments Trustly is a safe option. It uses advanced encryption which means your financial data is always safe. Additionally, it incorporates anti-fraud technology which protects you against identity theft.

How do I know if my bank account accepts Trustly in CO?

The only way to know if your bank accepts Trustly in CO is to check and confirm with it. Luckily, there are more than 3,000 banks in over 30 countries across the world that support it. Thus, you can easily find one and create an account with it.

Does Trustly offer any plastic cards like a debit cards?

No. Currently, Trustly doesn't offer any plastic cards. Nevertheless, the payment method is easy to use, so you won't face any challenges while using it. Furthermore, the Trustly platform is fully optimized for mobile use, hence you can transact on the go.