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Trustly.net Reviews: SCAM or LEGIT?

B

Banglashi

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What is Trustly?
t-logo.jpg

Trustly is a payment platform and payment solution for e-commerce websites, financial services, gaming and travel, that seeks to return online bank payments securely through your online bank account as they boast is backed by bank-level security.

Company Behind
It is backed and ran by a Swedish payment institution by the name of Trustly Group AB carrying a corporate identification number of 556754-8655 which is currently protected by Swedish Payment Services Act (2010:751) and Directive (EU) 2015/2366. It is headed by CEO Oscar Berglund. Their corporate address can be seen transparently on their domain whois.

Technical Specifications
They got their domain name registered from cscprotectsbrands which is first and foremost an online digital security firm then secondly a registrar, not using any domain whois anonymity services and is currently hosted at their own server using their own domain name as domain name servers.

Advantages and Benefits
The offer the following features when you partner with them and these are namely: Increased merchants conversions - since they are primarily dealing with corporate merchants chances are your products will be seen by these same people as well, the principle is this, since most individuals ran out of money and only a bank does not ran out of money, so your corporate funds are pulled directly from corporate bank accounts, corporation does deposits and withdrawals that a bank may not be able to accommodate by partnering with them fast transactions like deposits, withdrawals, mass payouts, fast cross-border corporate refunds, invoicing and fx solutions are entirely done almost real-time just for you with them in the middle, they also boast of supporting 11 FIAT currencies across U.S. and Europe alone at time of writing these are the continents supported.

Reseller Program
You have to be a brick-and-mortar physical business or company residing or located in any countries that they support which will give you clues on the languages the website is offered in.

PROS and CONS:

PROS:

- Security is tough if given bank-level security.

- Protected and secured

- More likely mass payouts and mass deposits

CONS:

- They have huge minimum bank deposit amounts

- For the corporations only

- Not for individuals like you and me

- They only support mass transactions in real-time Europe and the U.S.A.
 
Have not heard much of this company being used by money earning companies or sites that pay for freelance work.perhaps it's because it is more inclined to europe and USA.
 
If you like to wait several days for a transfer or payout, Trustly is great.
If you want to have this done quickly, don't use Trustly! Waiting for days is quite normal at Trustly. Absolutely incomprehensible how trustly was able to establish itself as a payment method on so many websites, because it is just rubbish.
Trustly is not an immediate payment system even if they advertise it.
 

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