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Trustly

Product / Service Description:

Trustly’s payment products make it possible for online retailers to accept payments from or issue instant refunds to their customers’ bank accounts across Europe.

Product / service innovations in the last 12 months

Instant payments Instant refunds Pay by invoice

What is the difference between competitive solutions?

Trustly offers the best bank payment coverage across Europe, supporting more than 3,300 banks. Independent online banking method comparison*: https://scan4fin.com/2018/04/18/online-banking-technologies-comparison/

Additional info:

To illustrate Trustly's growth with its partners, in 2016, its yearly processed transaction volume reached 30.4 billion SEK, representing an increase of 127% versus 2015. During 2016, Trustly recorded a 63% increase in revenue and doubled its staff. Since its founding, Trustly has processed more than €10 billion in payments, and today we process about 7 million payments per month.


 

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