27 October, 2022

In focus: Trustly

Payments supplier Trustly walks us through its company, products and what makes it stand out within the marketplace.

Founded in 2008, Trustly is a global leader in Open Banking Payments, on a mission to revolutionise the way people pay and get paid online. The company’s digital account-to-account platform redefines the speed, simplicity and security of payments, linking some of the world’s most prominent merchants with consumers directly from their online banking accounts.

What sets Trustly apart is that it can handle the entire payment journey, enabling it to offer an attractive alternative to the traditional card networks at a lower cost.

Today, Trustly serves 8,100 merchants, connecting them with 525 million consumers and 6,300 banks in over 30 countries; and in 2021 it processed over $28bn in transaction volume through its global network.

Trustly is a licensed Payment Institution under the second payment services directive (PSD2) and operates under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, Trustly is state regulated as required to serve target markets.

With a diverse and fast-growing team headquartered in Stockholm, Sweden, and additional offices across Europe and North America, Trustly is taking the payments industry to a whole new level.