Trustly’s Pay by Bank Slashes Costs for iGaming Operators

Trustly is making waves in the iGaming industry with its Pay by Bank solution, offering a cost-efficient and highly scalable alternative to traditional payment methods. According to a recent report by GamblingIQ, this innovative payment system can reduce operator transaction costs by up to 54%—a significant margin in a market where margins matter.

Unlike card-based payments, Pay by Bank uses open banking technology to enable instant account-to-account transfers without intermediaries. This not only enhances transaction speed and security for players but also helps operators reduce fees associated with card processing, chargebacks, and failed transactions. The streamlined nature of Pay by Bank allows for better conversion rates, faster withdrawals, and reduced fraud risk—three areas where operators constantly seek improvement.

With a growing number of regulated markets adopting open banking frameworks, Trustly’s Pay by Bank has become an increasingly attractive option for forward-thinking casino and sportsbook brands. As operators seek to optimize payment flows and cut operational overheads, this solution positions itself as a win-win for the industry.

📎 Source: GamblingIQ – Trustly’s Pay by Bank Slashes Costs for iGaming Operators