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Trustly in Dutch Casinos
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The online gambling industry in the Netherlands has had its ups and downs, but at the moment, players are free to join any online casino they want. And those that do join online casinos trust Trustly with their deposits and withdrawals for many reasons. First of all, the solution is well-respected and with a spotless reputation across all industries. Secondly, transactions with it are cost-efficient and completed in euros, which allows players to get conversion-fee-free deposits and withdrawals across Dutch online casinos. And thirdly, it is easily accessible as it is offered across most if not all, online casinos that cater to Dutch players. There are many other reasons why you should consider using it over any other, and we'll explore them all in this article, so just follow our lead. What is Trustly and why use it as your payment method at a Dutch online casino?
Online Gambling Regulation in the Netherlands
The gambling industry in the Netherlands has been regulated since 1964. The country is famous for its extravagant land-based casinos, established in the most popular cities, attracting visitors left and right. The Holland Casino has a monopoly over these 14 casino establishments, in addition to smaller slot halls scattered all over the country. The Nederlandse Loterij, however, has a monopoly on lotteries. But when it comes to online gambling, things are a bit complicated, historically speaking.
The Netherlands is a founding member of the EU, as you probably know, so in addition to enforcing its own laws, it has to abide by the EU laws when it comes to online gambling. Initially, when the country legalized online gambling, it wanted to make it monopoly-based, too. However, under pressure from the EU, it eventually had to liberalize the market and duly regulate it with the 2019 Remote Gambling Act.
Still, the country was not satisfied with how player protection would be established the year it legalized online gambling, so it was not until 2021 that it first launched its legal online gambling market. During the two-year gap, authorities continued coming out with statements that there were technical issues that needed to be solved before they launched the market. With the launch, however, the Kansspelautoriteit (KSA) took on the responsibility of licensing operators and controlling the market.
Since the Dutch market launch in 2021, plenty of online casino operators and software developers applied for a license and obtain it, to offer their content to the millions of excited Dutch players, eagerly waiting to start their legal online gambling journey. And although there are incredibly strict rules to follow, specifically when it comes to player protection, these are all now legally allowed to offer online gambling services to Dutch citizens.
This, for you as a Dutch player, means one thing only: your hands are untied and you are free to join any licensed Dutch casino and play any game offered there! Whether you love playing slots by BetSoft or Endorphina, or you’re an avid Live Casino games player that loves immersing in the live-streamed casino gaming world delivered by the likes of Pragmatic Play, Playtech or Evolution, to name a few examples, go ahead and enjoy yourself!
Keep in mind one thing, though. Even though there are plenty of online casinos at your disposal, when looking for a site to join, choose the one that offers the best payment methods for depositing and withdrawing. An excellent option would be Trustly, a modern open banking solution that will be useful for both funding your casino account and cashing out winnings from it. It is the solution that has combined elements from traditional and alternative banking, and has done it perfectly, to cater to the millions of users it has all over the world, the Netherlands included. You can easily use it on all desktop and mobile devices and transact with it in euros whenever you want. So, stay with us to learn more about its history and current popularity across Dutch online casinos, as we’ll cover that in the next section.
Using Trustly Across Dutch Online Casinos
Launched in 2008, Trustly has been building the reputation it has today for almost two decades. When Trustly AB, a Swedish-based financial company, decided to design it, it only had European markets in mind for it. And indeed, it was only offered in powerful European countries for over a decade, but that’s when the company behind it decided to join forces with a US startup, PayWithMyBank, and let the solution get global reach.
Today, the solution counts more than 650 million users, and its partner network is really unrivaled. It connects users with over 8,300 merchants and collaborates with over 12,000 banks from all over the world, to provide them the service they get. With an annual transaction volume of over $42 billion, the statistics speak for themselves. Just by reading these numbers, you get why this is today one of the most successful online payment processing brands in the world. Financial Times, even, rewarded it with well-deserved recognition as one of the Fastest Growing European Companies in 2018.
But when Trustly AB saw its potential in the online gambling industry, it made the ultimate move and launched Pay N Play, the solution designed for gamers only! This product has been an instant success with online casino players who continue using it over any other, even though Trustly’s most popular product overall is the Direct Debit. You, as a Dutch player, will probably find them both offered across the top online casinos available in your country.
Speaking of, before you go ahead and select it as your payment method, you should know how easy it is to use. In fact, that’s all you have to do, select it at your online casino. You won’t need to go through exhausting registration procedures, as all you need is your banking details to request a transaction with it. You should not worry about sharing banking details with the operator when doing that, because Trustly implements the toughest security measures, and all communication is encoded and transactions encrypted. So, let's cut to the chase and give you the exact steps you'd need to take to start using it for your deposits and withdrawals across the finest Dutch casinos.
Deposits and Withdrawals with Trustly
Here at WoO, you will find around 40 online casinos licensed to operate in the Netherlands, that offer Trustly. These are all safe casinos that offer the best games and promotions for you to use, so just explore our list and you'll surely find the right casino for you in the blink of an eye. Kakadu, Leo Vegas and Slot Hunter are just some great candidates, but on our list with reviewed casinos, you’ll find plenty of other options to consider.
The minute you decide which casino to join, register a player profile with it, by providing some personal info. After you’ve created your account, to actually fund it with Trustly, you would need to go through these steps:
- Make sure you’re logged into your player profile and then search for the Payment Methods/Banking page.
- Look up Trustly/Pay N Play on the list of accepted Deposit Methods and select it.
- Select your bank from the ones offered in the new window, available for Dutch players.
- Enter your online banking profile as you normally do and set the amount you wish to deposit.
- Select whether you wish for the funds to be debited from your checking or savings account.
- Confirm your transaction and the funds will reach your casino balance instantly.
As promised from the very beginning of this article, Trustly can be used for withdrawals across Dutch casinos, too. The procedure is basically the same, with a few slight differences. You will need to look its logo up on the list of accepted Withdrawal Methods this time, and instead of logging into your online banking profile, you’ll just have to provide your bank account details. Sure, instead of setting out the amount you wish to send, now you’ll need to set the amount you wish to receive.
The operator will take its sweet time, and the withdrawal won’t be instant, but it will take no longer than 24 to 48 hours for the funds to reach your bank account upon approval. This pending time is on the operator’s part, to have enough time to review your request, but once it approves it, Trustly immediately processes it.
Conclusion
Trustly is definitely one of the safest and most convenient payment solutions to use across Dutch casinos. With it, you don't need to register any new accounts and just use your banking details to request secure and fast transactions in your native currency. It is offered for both deposits and withdrawals across most if not all, Dutch casinos, so make sure you give it a go.
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FAQs
Is it legal to gamble online in the Netherlands?
Yes, as of 2019 officially, even though the market launched two years later, in 2021. The KSA is the regulatory body that issues licenses and oversees the activities of licensed operators, making sure players are protected all the way.
Are Dutch players allowed to frequent offshore online casinos?
No, they are not. They can only join licensed Dutch casinos and are encouraged to do so. The Dutch authorities make sure to block offshore casinos, for player protection reasons, and players are advised to avoid these sites if they wish to enjoy a safe online gambling environment.
Will I find Trustly across many Dutch online casinos?
At the moment of writing, we could find exactly 45 licensed Dutch online casinos you could frequent, all of which offer Trustly. This is a great number of sites to explore, so make sure you read our unbiased reviews and you’ll surely find the right casino for you to join in a few minutes.
Who do I get in contact with in case I experience an issue with my Trustly withdrawal?
First, get in contact with your casino’s Support agents, to check whether the holdup occurred on the casino’s part. If all is good there, get in touch with Trustly’s professional agents via the on-site contact form. Or, check the FAQs page on its official website to see whether you’ll find your answer there. Ultimately, contact your bank and see whether this was a technical issue on the bank’s part.
Is it possible to reverse a deposit with Trustly I made to a Dutch online casino?
Considering Trusly functions through the standard banking system, yes, in theory, you should be able to make a reversal. All your transactions with it are duly recorded on your bank account statement, so it shouldn’t be complicated to reverse your deposit transaction. But, just in case, get the assistance that you need from a Customer Support agent.