TrustPay in Czech Casinos

Knowing the fact that the Czech Republic offers a regulated online gambling market, as a player from the country, you know that you can use any solution for your transactions across online casinos, so why not use the payment gateway TrustPay? This is a solution that caters to Czech users for around 15 years, one that has become quite popular across several other European countries and online casinos that accept players from these countries. It allows for smooth and safe deposits in 11 currencies, the Czech koruna included, and is effortless to use, so why don’t you join us as we explore it together? What is TrustPay and why give it a try at a licensed Czech online casino?

Online Gambling Regulation in the Czech Republic

Gambling was legalized in the Czech Republic in 2009. Five land-based gambling operators were given the license to provide their services within the country’s borders, Tipsport, Fortuna, Chance, Synot Tip, and Sazka. The gambling establishments led by these five were going strong for a while, catering to both locals and tourists who visited the country. In the meantime, since online gambling was at its peak around the same time, offshore operators started targeting the market, and surprisingly so, were allowed to by the Czech authorities.

Things started changing in 2012, though. Onshore licensed establishments saw a decrease in revenue since they were paying for taxes and licenses, while offshore operators were not. Struggling to sustain their operations, they turned to the authorities for help. That's when the country made the first amendments to the Lottery Act 2012, forbidding gambling advertisements from offshore operators while allowing them to offer some casino games. However since domestic operators were still losing to the offshore operators, in 2014, a new Interactive Gambling legislation was introduced. It was oriented towards issuing licenses to offshore operators based in the EEA and EU countries.

The bill was signed into law in 2016, however, allowing operators from these European countries to offer their services to Czech players aged 18 or older. The following verticals were allowed: online casino gambling, online poker, online bingo and tombola, and online sportsbetting. The national lottery remained maintained by Sazka. Both land-based and online operators were properly taxed for their operations. Many operators and software developers debuted in the Czech Republic, and with that, the industry went live, fully regulated, and legalized.

Where does this put you as a Czech player? With the Ministry of Finance having your back, monitoring operators, and making sure that you are treated with fairness, you are free to join any online casino you want to, any site you have access to. You can enjoy a world-class online gambling experience no matter the site you go with, knowing that your country is with you at all times. The Czech Republic Ministry of Finance even set up a new service for exclusion in case you feel that you need it so that you have all the means to experience a great online gambling time.

Knowing that the choice of sites to join and games to play is there, all you have to do is look for a nice payment method to use so that your experience is an all-encompassing one. May we suggest the popular payment gateway TrustPay? This solution revolutionized the banking scene in your country and several others, as it is a game-changer for services that allow for seamless digital transactions.

Launched the same year gambling went live in the Czech Republic, the solution has been offered in your country for years now. You have probably heard of it and even used it, as it is a real hit among citizens from your country, Slovakia and Poland. But have you tried it for online casino deposits? If not, it is time to learn more about it and give it a go the next time you are in for some online casino quality time. Just follow our lead, and in the next section, you’ll find out all about it.

Using TrustPay Across Czech Online Casinos

Launched in 2009, the same year when the Czech Republic launched the legal land-based gambling market, TrustPay has been at Czech players’ disposal for years now. It is based in Slovakia, run by a private financial company with a Payment Institution license that allows it to process eCommerce transactions in the EEA and the EU. Its operations are regulated by the National Bank of Slovakia, meaning that it is completely secure and safe to use for your online transactions.

In 2012, it became a VISA and a MasterCard member, further expanding the choice of services to users, and the year that followed, it was licensed to offer cross-border payment services. In 2020, it got its license to provide cross-border payment solutions and services to businesses and users from the EEA countries. In the meantime, the company behind it became a UnionPay member, and launched its own corporate bank account product and prepaid cards, introduced SEPA Direct Debit and SEPA Instant credit, and was PCI DSS certified. It also introduced its Virtual IBAN solution and MPI solution and redesigned the payment gateway after it got its Payment Initiation Service Provider license.

Now that you know the experience and licenses it has, you probably want to give it a try. You'll be happy to hear that you won't need to go through any new account registration procedures. Since this is a payment gateway, it connects you with all your payment methods and your online casino operator, so all you need to have is an account/card with some of the payment methods it offers. We mentioned some of the financial brands it has partnered with, like VISA and MasterCard, but you should know that there’s a huge variety of options at your disposal. We’re talking global eWallets like PayPal, MultiBanco, Trustly, MobilePay, Boleto Bancario, Apple Pay, Paytrail and Google Pay. Other options are online bank transfer, Giropay, MyBank, iDEAL, Tatra Banka Na Splatky, WeChatPay, Cartes Bancaires, MBWAY, Bancontact, and SEPA, of course. Faster Payments, BLIK, and SkipPay are also your options, to name a few others.

Knowing your options, it’s time to see how the solution works. Charging no fees for its intermediary service, the solution connects you with your payment method and your online casino, as said. Therefore, you would need to find an online casino that offers TrustPay and register an account with it. From here, you need to locate the solution in the Deposits section of the casino’s Banking page and select it. After you choose the method you’ll use and set the amount you wish to deposit, to complete the transaction, all you have to do is enter the card/account details/credentials for the payment method you used. With that, your transaction will instantly be processed and you can start playing your favorite games right away. Want to know the steps in detail? Stay with us, and you’ll get them in the next section.

Depositing and Withdrawing with TrustPay

TrustPay is already offered across a decent number of online casinos that cater to Czech players. Thanks to its capacity to offer that many payment solutions, it is an ideal option to use for your deposits, therefore. No matter if you’re a card user, banked or not, or you prefer using alternative payment options, you have a variety of them all at your disposal through the payment gateway.

So, just select the perfect casino for you, that both accepts Czech players and offers TrustPay, and register an account with it. To fund your account with TrustPay, go through these steps:

1. Head over to the Banking page as soon as you access your player account.
2. Look for the Deposits section and locate TrustPay’s logo.
3. Press it and choose the Bank Transfer/Card/other payment method option available.
4. Enter the bank account/card/account details once redirected to its dashboard.
5. Set the amount you want to deposit and confirm the transfer.
6. The funds will arrive in your casino balance in an instant.

Since this is a payment gateway, it was designed for businesses to receive payments in an easier and faster way. As such, it was not designed for them to send transactions back, therefore, TrustPay is not an option for withdrawals across online casinos.

Online casino operators cannot offer it for withdrawals since they cannot send transactions through it, so, to cash out your winnings, you will need to look for a different method. Maybe one of the methods you used through the payment gateway is offered for withdrawals at your online casino; if not, you can always use global eWallets or cryptocurrencies, for instance.

Conclusion

Given the fact that TrustPay gives you the option to use one of many payment methods for your online casino deposits, it is a must-try method. It is already offered across a decent number of sites that accept Czech players and allows you to transact in your local currency, plus 10 others, therefore, it is ideal to use no matter the casino you join. Make sure you try it the first chance you get since you won't need to go through any extra registration procedures to use it.