Trustly
The global leader in Pay by Bank — instant deposits and payouts, no cards required
Founded
2008
Connected banks
12,000+
Markets
30+
2024 volume
~$100bn
Trustly pioneered Pay by Bank and remains the global leader, letting players deposit and withdraw straight from their bank account with no card, no wallet sign-up and no friction.
It is a licensed Payment Institution under PSD2, supervised by Sweden's Finansinspektionen in the EEA and the FCA in the UK, with state-level regulation in the US.
The scale is exceptional: 9,000+ merchants across 30+ markets, connections to roughly 12,000 banks reaching 650m+ consumers, and close to $100bn in total payment volume in 2024.
Bank-verified account data comes as part of the flow, so operators get payer name-match and affordability signals that support compliance in the UK and Nordics — a genuine dual benefit alongside conversion.
Pricing & commercials
How commercials are structured. Pricing is tailored to your volume, market mix and product set.
| Item | Rate | Notes |
|---|---|---|
| Pay-by-Bank deposit | Tailored — priced to your volume, market mix and product set | Per-transaction or low-percentage pricing depending on market. |
| Payouts / withdrawals | Tailored — priced to your volume, market mix and product set | Instant payouts including weekends in supported markets. |
| Account & identity data | Tailored — priced to your volume, market mix and product set | KYC and affordability data available as an add-on. |
- Setup fee
- Agreed as part of the merchant package
- Monthly minimum
- Agreed with your account team
- Rolling reserve
- Not typically applied — bank transfers are not chargeback-exposed
- Chargeback fee
- None on standard bank transfers
- Settlement cycle
- Daily settlement is common, configurable by contract
- Settlement currencies
- SEK, EUR, GBP, NOK, DKK, USD, CAD
Payment methods
Deposit methods available through this provider, the markets they cover and whether withdrawals are supported.
| Method | Type | Markets | Payouts |
|---|---|---|---|
| Trustly Pay-by-Bank (deposit) | Open banking | Sweden, Finland, Germany, Netherlands, UK, Spain | Yes |
| Trustly payouts | Open banking | EEA, UK | Yes |
| Trustly US (ACH / instant bank) | Bank transfer | United States | Yes |
| Account verification / KYC data | Data service | EEA, UK, US | No |
Markets & verticals
The jurisdictions this provider serves and the product types it powers.
Markets served
Specialist strengths
Verticals supported
Compliance & risk
Regulatory permissions, card scheme certification and the AML, KYC and fraud tooling included.
Licences & registrations
- • Licensed Payment Institution under PSD2 — Swedish FSA (Finansinspektionen)
- • FCA authorised for UK operations
- • State-regulated in the US as required per market
No cardholder data in scope — nothing to store or secure
AML & KYC
- • Verified account-holder name returned at payment time
- • Payer name-match against the player account
- • Bank data available for affordability checks
- • Sanctions screening on payer data
Fraud & risk tools
- • Name-match verification
- • Settlement guarantee options
- • Return-payment handling
- • Bank-data driven risk scoring
Performance
- Market-leading completion in Nordic markets where Pay by Bank is the default deposit habit
- Enterprise SLA with real-time bank monitoring
- Instant or same-day payouts, including weekends
Integration & onboarding
How the provider connects to a cashier, how long onboarding takes and what support is included.
Integration options
- • REST API + webhooks
- • Hosted bank-selection widget
- • App-to-app bank redirect on mobile
- • Payout API
- • Sandbox with test banks
Onboarding & support
- Managed onboarding per market
- Account management plus dedicated technical support
Why operators choose them
- No cards, no chargebacks
- Bank-initiated payments settle without scheme fees or dispute exposure.
- Compliance built in
- Verified payer identity and bank data support UK and Nordic affordability duties.
- Instant both ways
- Deposits and withdrawals in real time keeps players in the session.
- Proven at scale
- Trusted by FanDuel, PayPal, eBay and leading European operators.
Summarised for comparison. The provider's team will confirm the detail for your setup.