Trustly provides a direct, secure, and efficient way to manage funds for sports betting. As a Swedish fintech company founded in 2008, it leverages Open Banking technology to connect your bank account directly to platforms like BoaBet, eliminating the need for third-party wallets or sharing card details. Regulated by the Swedish Financial Supervisory Authority and fully PSD2 compliant, Trustly processes over €8 billion in transactions monthly, establishing it as a trusted payment solution across Europe.
For players seeking a streamlined payment experience, Trustly offers significant advantages over traditional methods. It combines the security of a bank transfer with the speed of an e-wallet, all without requiring users to create a separate account. The platform is designed for immediate use, making it a popular choice for funding betting accounts and withdrawing winnings.
| Feature | Deposits | Withdrawals |
|---|---|---|
| Processing Time | Instant | 1-3 business days after approval |
| Registration | Not required | Not required |
| Security | Bank-level encryption & 2FA | Direct transfer to verified account |
| Method | Direct Open Banking transfer | Direct Open Banking transfer |
The core of Trustly’s appeal is its “no account” model. Unlike e-wallets that require a separate sign-up and verification process, Trustly acts as a secure bridge. It allows you to authorize payments using your own bank’s trusted online interface. This means you benefit from your bank’s security measures, such as two-factor authentication (2FA) or biometric logins, without ever sharing your credentials with the betting site. With support for over 6,300 banks, it offers wide accessibility for European users.
Making a deposit with Trustly is a straightforward process designed to get you into the action quickly. Funds are credited to your BoaBet account instantly, allowing you to access markets or claim promotions without delay. New users making a qualifying deposit can often access welcome offers, such as the current package of 125% up to 300 000 Ft (€750) plus an 8 000 Ft (€20) Free Bet, subject to the platform’s terms and conditions.
BoaBet also supports Trustly for withdrawals, providing a secure and direct method to transfer your winnings back to your bank account. This process is significantly faster and more streamlined than a conventional international bank transfer.
After you request a withdrawal, there is an internal review period that typically takes up to 24 hours. Once approved, Trustly processes the payment, and the funds should appear in your bank account within 1-3 business days.
| Feature | Trustly Withdrawal | Traditional Bank Transfer |
|---|---|---|
| Speed | 1-3 business days | 3-7 business days |
| Data Entry | Minimal (select bank) | Requires IBAN, SWIFT, etc. |
| Security | Bank-level authentication | Standard wire protocols |
| Verification | Automated via Open Banking | Manual checks often required |
Trustly integrates with a wide array of major financial institutions in Hungary, ensuring most players can use the service without issue. The system’s security is built on multiple layers, starting with your own bank’s infrastructure.
| Bank Name | Trustly Support |
|---|---|
| OTP Bank | Supported |
| K&H Bank | Supported |
| Erste Bank | Supported |
| Raiffeisen Bank | Supported |
| CIB Bank | Supported |
| MKB Bank | Supported |
| UniCredit Bank | Supported |
Because Trustly is PSD2 compliant and regulated by the Swedish FSA, it adheres to strict European financial security standards. It uses bank-grade encryption and ensures that your sensitive login information is never stored or shared with the merchant.
Trustly is an Open Banking payment service that allows you to make instant deposits and withdrawals directly from your bank account. It works by creating a secure connection to your bank’s online portal, where you authorize the payment using your bank’s own security measures.
Yes, Trustly is available for both deposits and withdrawals at BoaBet. Winnings are sent directly to the bank account you used for the deposit, ensuring a closed-loop system for security.
No. One of the main advantages of Trustly is that no registration is required. You simply use your existing online banking credentials to authorize payments.
Most major Hungarian banks are supported, including OTP Bank, K&H Bank, Erste Bank, Raiffeisen Bank, and UniCredit Bank, among others.
Yes, it is highly secure. Trustly is licensed by the Swedish Financial Supervisory Authority and uses your bank’s own security systems (like 2FA) to authorize transactions. Your banking credentials are never shared with or stored by the betting platform.