The Trustly Payment Method and White Hat Casinos

Even by electronic payment service standards, Trustly is a new entrant to the casino market. Today’s widespread and generally available electronic payment services arrived as a result of the need to make fast and secure deposits at casinos. Money transfers before this were based on the telegram “wire” network, but the advent of online market place eBay resulted in the need for more practical payment services. Therefore, even the oldest of the new services dates back only to the turn of the century. Yet Trustly first arrived barely a decade ago in 2008. Even then, it was an obscure payment service used only in its homeland Sweden and its Scandinavian neighbours. By 2016 however, its use had spread through much of continental Europe. It had partnership agreements with over a hundred banks, operating in close to thirty different countries. These included Poland, Italy and Spain in addition to all the Scandinavian nations. With a total customer base of over 65 million consumers, it was responsible for payments of over €1.7 billion in figures published for the previous financial year. It also boasted total revenues of around €20 million. The company has recently introduced its service to the United Kingdom, where it is now an ever more popular way for people to make online payments. Trustly is always offered as a payment option for players at White Hat Gaming casinos. The company remains based in Stockholm, the capital city of Sweden. It is responsible for the employment of over 200 people across the continent, most of whom continue to be based in Sweden.