EnterCash Online Casino Sites

EnterCash was an instant bank transfer service founded in 2011 in Sliema, Malta. It let online casino players deposit directly from their bank accounts without signing up for a separate e-wallet or payment account. The service ran as a regulated financial institution under the Malta Financial Services Authority (MFSA) until Trustly acquired it in 2019. It stopped operating independently in July 2020, when it surrendered its MFSA licence.

EnterCash at a Glance

Founded2011 (Sliema, Malta)
Payment TypeInstant bank transfer
Registration RequiredNo
Deposit FeesFree to players
Withdrawal SupportNot available
Bank Coverage4,000+ banks across 14 European countries
RegulatorMFSA (licence surrendered July 2020)
Current StatusAbsorbed into Trustly

 

 

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How EnterCash Worked

EnterCash sat between the player and the casino as a payment intermediary. Rather than asking users to load a prepaid account or register a third-party wallet, it connected directly to the player's own internet banking portal. The entire transaction happened inside the bank's secure environment, so EnterCash never handled or stored login credentials.

How an EnterCash Deposit Worked

  1. 1Select EnterCash as the payment method at the casino cashier and choose your country and bank
  2. 2You are redirected to your bank's secure online banking login page
  3. 3Log in with your usual banking credentials and authorise the payment
  4. 4The transaction is confirmed in real time and the deposit appears in your casino balance instantly

The appeal was simple. No sign-up form, no new password to remember, no intermediary balance to manage. You used the banking credentials you already had. Funds hit your casino account the moment the payment was confirmed, which made it one of the faster deposit methods around at the time.

EnterCash was deposit-only. Players who funded their accounts through it still needed a different method - a bank wire, Neteller, or another supported option - to process withdrawals. That was a real limitation and one that set it apart from more versatile payment methods.

Bank Coverage and Availability

At its peak, EnterCash partnered with over 4,000 banks across 14 European countries. Supported markets included Sweden, Finland, Germany, Austria, the Netherlands, Belgium, Italy, Romania, the Czech Republic, Slovakia, Greece, and the three Baltic states: Estonia, Latvia, and Lithuania.

The UK was not among them. British players looking for instant bank transfer options at UKGC-licensed casinos have historically turned to alternatives like PayPal, Trustly (which now incorporates EnterCash's technology), or card-based methods like Visa. The UK payment market has also shifted with the growth of open banking services, which work on the same basic principle as EnterCash did: direct bank-to-merchant transfers authenticated through your own banking app.

Fees and Costs

EnterCash did not charge players any transaction fees. The processing costs were covered entirely by the casino or merchant, which made it an appealing option for anyone wanting to avoid the percentage-based fees that some e-wallets or currency conversion charges can bring.

Individual banks could apply their own small fees for outgoing transfers - typically €0.10 to €0.50 - depending on the bank's own policies. EnterCash had no control over these, and they varied by institution and country. In practice, most players found deposits effectively free.

Security and Regulation

Security was one of EnterCash's genuine strengths. Because it redirected players to their own bank's portal for authentication, no sensitive banking credentials were ever passed to or stored by EnterCash or the casino. Your login details, passwords, and verification codes stayed entirely within the bank's own encrypted environment.

ℹ️Info

EnterCash was licensed and regulated by the Malta Financial Services Authority (MFSA) as a financial institution. It also operated in compliance with the EU Payment Services Directive (PSD2), which governs how third-party payment providers interact with banks across Europe.

That regulatory framework gave players real consumer protection. PSD2 compliance meant EnterCash had to meet strict standards around data handling, strong customer authentication, and dispute resolution. At the time, it was a service backed by genuine regulatory oversight, not just marketing claims.

The Trustly Acquisition

In December 2018, EnterCash was acquired by NxtGenPay Intressenter BidCo AB, a vehicle connected to Swedish payments company Trustly. Over the following months, EnterCash's technology and bank partnerships were folded into Trustly's platform. By 1 July 2020, EnterCash had formally surrendered its MFSA licence and stopped operating independently.

For players, the transition was fairly clean. Casinos that had previously offered EnterCash moved to Trustly, which works in much the same way: instant bank transfers, no registration requirement, authentication through your own banking portal. The underlying technology carried over; the EnterCash name largely didn't.

Trustly has since expanded considerably and is available at a number of UK-licensed online casinos, making it the natural successor for anyone who valued what EnterCash offered.

EnterCash vs Other Payment Methods

Knowing where EnterCash sat relative to other options helps explain why some methods have grown while others have faded.

EnterCash vs E-Wallets

E-wallets like Neteller and Skrill require players to create an account, verify their identity, and load funds before depositing at a casino. EnterCash skipped all of that - no account to set up, no balance to maintain. The trade-off was flexibility. E-wallets handle both deposits and withdrawals, can hold multiple currencies, and work across a wider range of merchants. EnterCash was deposit-only and tied to its supported European markets.

EnterCash vs Card Payments

Debit card deposits via Visa or Mastercard remain the most widely used funding method at UK casinos. Cards work for both deposits and withdrawals and are accepted almost everywhere. EnterCash's edge was that it never required you to share card details with the casino, which mattered to some players. Cards, though, come with chargeback protections and a level of familiarity that direct bank transfer methods have traditionally lacked.

EnterCash vs Open Banking

Open banking services are the closest modern equivalent to EnterCash. They use the same basic approach: you authorise a payment directly from your bank account, authenticated through your bank's own security. The difference is that open banking now runs on a more mature regulatory framework - PSD2 and its successors - and has broader bank and merchant support than EnterCash ever managed as a standalone service.

Relevance for UK Players

EnterCash was never a mainstream option in the UK. Its coverage focused on Scandinavian and continental European markets, and UK players have long had plenty of alternatives: card payments, e-wallets, PayPal, and more recently open banking.

If you see EnterCash listed on a casino's payment page, it's probably outdated information or a reference to legacy branding that has since been replaced by Trustly. For UK players wanting an instant bank transfer, look at Trustly or other open banking providers supported by your bank and available at UKGC-licensed casinos.

💡Tip

When choosing a payment method at any UK-licensed casino, check that it handles both deposits and withdrawals. Deposit-only methods - like EnterCash - mean you'll need a second method to cash out, which adds a step and can slow down the withdrawal process.

Responsible Gambling Considerations

Instant deposit methods make it very easy to fund a casino account quickly. Speed and convenience are real benefits, but they also cut out the natural pause between deciding to deposit and the money leaving your account. That's worth keeping in mind, whatever payment method you use.

All UKGC-licensed casinos are required to offer deposit limits, cooling-off periods, and self-exclusion tools. You can also register with GAMSTOP to self-exclude from all licensed UK gambling sites. If gambling is becoming a problem, GambleAware offers free advice and support.

Summary

EnterCash did one thing well: fast, fee-free casino deposits straight from a bank account, with no registration needed. Trustly's acquisition in 2019-2020 ended it as a standalone product, but the approach lives on in Trustly's platform. For UK players, the direct bank transfer concept that EnterCash used is now more accessible than ever through open banking - even if the EnterCash name itself is firmly in the past.

EnterCash Casino Deposits FAQ

Is EnterCash still available as a payment method at online casinos?

No. EnterCash was acquired by Trustly in 2019 and ceased independent operations in July 2020 when it surrendered its MFSA licence. Its technology has been integrated into Trustly's platform, which is the service you should look for if you want a similar instant bank transfer experience.

Was EnterCash ever available to UK players?

EnterCash's bank coverage focused on continental European markets, including Sweden, Finland, Germany, and the Netherlands. The UK was not among its supported countries, so it was not a practical option for players with UK bank accounts.

Did EnterCash charge fees for deposits?

EnterCash itself did not charge players any fees - transaction costs were paid by the casino. However, some banks could apply their own small charges (typically €0.10-€0.50) for outgoing transfers, depending on the bank's policies.

Could I withdraw winnings using EnterCash?

No. EnterCash was a deposit-only service. Players who deposited via EnterCash needed to use an alternative method - such as a bank transfer, e-wallet, or card - to withdraw their winnings.

How did EnterCash keep my banking details safe?

EnterCash redirected players to their own bank's secure online banking portal for authentication. Banking credentials were never shared with or stored by EnterCash or the casino. The service also complied with PSD2 regulations governing payment security in the EU.

What is the difference between EnterCash and Trustly?

Trustly acquired EnterCash in 2019 and absorbed its operations. Both services work on the same principle - instant bank transfers without registration - but Trustly operates on a larger scale with broader bank and country coverage. EnterCash no longer exists as a separate service.

Are my casino winnings taxed if I deposit via a bank transfer method like EnterCash?

In the UK, gambling winnings are tax-free for players. Operators pay Remote Gaming Duty rather than the player being liable for income or capital-gains tax. This applies regardless of the deposit method used. Casual winnings do not need to be declared on a personal tax return.

What alternatives to EnterCash are available for UK players?

UK players have access to a wide range of deposit methods at UKGC-licensed casinos, including debit cards (Visa, Mastercard), e-wallets (PayPal, Neteller, Skrill), prepaid options (paysafecard), and open banking services such as Trustly. Each has different features regarding speed, fees, and withdrawal support.

Online Casino Sites accepting EnterCash to deposit funds.

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