How It Works?
The concept of the payment gateway is simple – a merchant signs a deal with TrustPay and receives their payment options in return. TrustPay currently offers a variety of credit and debit cards including Visa, MasterCard, Maestro as well as UnionPay, to name a few. However, it's not a full set of options for merchants looking to run an online casino, since a variety of e-wallets are missing.
In addition to the cards, there's also the instant banking option mentioned in the introduction. This means, that as long as you're a customer of one of their selected banks, you can do instant wire transfers without using your credit or debit card.
As a customer, it doesn't really matter if the site uses TrustPay, as from your point of view the variety of payment options is the key, just like the security.
The most important thing you should know is that TrustPay is the Payment Card Industry (PCI) standards compliant. This means that the company has to maintain a secure network, protect cardholder’s data, implement strong access control measures as well as regularly monitor and test their networks. So as long as everything is secure on the end-user’s side, everything should be safe and sound.
Customers using TrustPay for payments won't be charged any additional fees. Making a purchase is easy: whether you have an account with them or not, all you have to do is click on the TrustPay logo after which you’ll be redirected to TrustPay’s gateway to insert all the payment details.
However, if you're a merchant, fees will be added for incoming payments as well as outgoing payments and other services. You can check General Terms and Conditions for more information, however incoming payments fees are set on an individual basis.
TrustPay is a payments processing company with products designed to make merchants’ life easier by providing everything from online payment gateway solutions, merchant accounts to POS payment products.
Click here to visit TrustPay website.
Posted by CCJ Team