Mississippi is a fantastic sports betting venue. Trustly is a common payment method for bettors in the state. This payment method has been around for a while and has been shown to be a reliable and convenient way to pay for betting.

However, it should come as no surprise that some bettors are unfamiliar with the payment method and have little knowledge on how to use Trustly sportsbooks. If you’re one of these gamblers, you’re in luck because this guide will cover everything you need to know about Trustly betting sites in Mississippi.

How to deposit with Trustly on betting sites in Mississippi

1. Begin by logging into your online sportsbook account via the website or the mobile betting app. Choose the deposit option and enter the amount you want to deposit into your account. You’ll be asked to choose your bank from a drop-down menu.
2. The next step is to input your banking information. Then, you will be redirected to a banking gateway to provide your information and wager. You will then be asked to confirm your payment by signing in and entering a one-time security code that will be sent to you. This ensures privacy and safety for your account.
3. Finally, you’ll be directed to the cashier part of the website after the payment is completed. You will receive a confirmation email at the address you provided when creating your account. This is to notify users about the completed transaction details.

How to withdraw with Trustly from betting sites in MS

In the account area of your Mississippi sportsbook, select the amount you want to withdraw and submit your request.

Your cash will be automatically sent to your Trustly account. It’s crucial to understand that if you’ve input all of the information correctly, there will be no delays and the funds will appear immediately. You will be required to provide your bank account information in order to complete the withdrawal process.

The final step is to withdraw money from your bank account. Depending on your bank, this could take anywhere from one to five days. It is recommended that you choose companies that handle funds quickly. Banks operate as separate businesses, each with their own set of procedures. Although a payment option like Trustly may be quick to transfer funds into your account, the receiving bank’s internal procedures may cause the funds to be delayed.

Betting sites that use Trustly as a payment method provide bettors with a smooth registration, deposit, and withdrawal process. Bettors also benefit from additional layers of protection, guaranteeing that their money is safe.

Trustly vs. Neteller

Trustly and Neteller are two popular payment methods for bettors in Mississippi. How do they compare? Let’s find out.

Trustly breakdown

Trustly excels at transferring funds from one account to another directly and virtually instantly. It is more of a service than a full-fledged e-wallet. There is no physical storage involved in its operations.

  • Customer Accounts. Users should have a legitimate bank account in one of the Trustly-supported countries. The rest is as simple as choosing Trustly, logging into your current online bank account, and filling out the payment information.
  • Deposits & withdrawals. Trustly doesn’t finance any extra accounts because the service just acts as a mediator between the user’s accounts. The user’s bank account is one of the collaborating institutions in the authorized countries. Trustly simply connects to it. This shouldn’t be an issue because Trustly has built up a vast network, making it accessible to both bank account holders and e-merchants.
  • Security. The Swedish Financial Supervisory Authority (FSA) has fully recognized and overseen the service. They are also a licensed European Payment Services Provider (PSP) for the EU/EEA zone, which is their primary market. Trustly also uses top-of-the-line encryption certifications in order to protect any data or payments exchanged during transactions. This prohibits third-party intrusion or, in the worst-case scenario, misuse of the data.

Neteller breakdown

This e-wallet enables users to manage their finances in whatever way they see fit, from storing to transferring, and collecting payments. It helps maintain its high ranking among competitors with its outstanding service.

  • Customer Accounts. In order to use Neteller, users must first create an account. Users will be able to open one account per person and choose up to four currencies for it. Anyone who does business in multiple currencies can receive and send money in multiple currencies without incurring additional fees.
  • Deposits & Withdrawals. Before they may use it for online payments, customers must first fund it with an amount of their choosing. In this case, funds are sent to the Neteller e-wallet via bank accounts, online payment processors, or even cryptocurrency. Direct bank transfers and member transfers have different fees for merchant payments. When you send money from your Neteller e-wallet to a money transfer provider, you’ll be charged. Moreover, sending money to a participating merchant is completely free.
  • Security. Neteller is legally recognized by high-ranking industry organizations, namely, the Financial Conduct Authority in the United Kingdom. It has expanded its partner network through service delivery across different marketplaces. Individuals can also use dual-factor authentication. This allows users to receive a one-time-use token through text message or email each time they log in with their credentials.

Both Trustly and Neteller have a distinct collection of features that are delivered differently, but all serve the same goal: secure and efficient online payments. It’s important to analyze the facts as they stand — positives and negatives, fees to determine your net profit. Eventually, decide which of the two payment methods is better for your online gambling or other e-commerce needs.

Pros and cons of Trustly for betting sites in Mississippi

Trustly is extremely popular, not just in Mississippi but across the world for bettors to add funds to their account. Nothing is perfect though, so we have made some points out the pros and cons of Trustly for you to be aware of.

Pros

  • Fast: Trustly will send money into your account in a matter of minutes on betting sites that provide quick withdrawals. This payment method allows you to receive your money in as little as five minutes. Easy You can make a payment whenever you have money in your account. Furthermore, not only can you gamble, but you can also buy other goods online.
  • It’s safe: Using Trustly as your preferred payment option has no relation to your personal information or financial information because there is no personal information attached. The site does not save any personal information, including your passwords or login credentials. As a result, it is one of the safest payment options available.
  • Simple: When utilizing Trustly for betting transactions, you do not need to create an account or register. You can easily deposit or withdraw funds from your account.

Cons

  • Not all betting sites accepts Trustly: Trustly is currently not on par with other payment options such as PayPal. As a result, it’s rare and can only be found in a few sportsbooks.
  • KYC (know your customer) may be required: When you use Trustly to deposit or withdraw money, you may be asked to provide proof of identification.

FAQ

Is Trustly safe to use on betting sites in MS?

Yes, Trustly is a secure payment option that is growing exponentially in the gambling industry. It's a safe, secure, and quick betting payment method that lets you deposit and bet on sports and other markets without risk. Known entities such as the Financial Supervisory Authority recognize them. They are also licensed by the European Payment Services Provider.

Can I use Trustly to deposit on offshore betting sites in MS?

No, you should not use any offshore betting sites as it is illegal in the United States. Despite the fact that offshore betting websites are banned in the United States, many players continue to use them. Players who do so are guaranteed to wager on a site that could go bankrupt at any time, as well as the additional risk of losing all of their money. Because these sites aren't legitimately licensed by any relevant or reputable body, a number of illicit activities could be going on behind the scenes. These offshore sites are not subject to safety measures.

Will I be charged fees for using Trustly on betting sites in MS?

Betting sites that accept Trustly rarely charge you any money for deposits or withdrawals. That is the case with all top-tier payment companies and the majority of premium bookmakers that accept Trustly. Furthermore, there are no fees associated with using Trustly's services.