Written by
Last editedMar 2021
Trustly performs transactions on behalf of customers via online banking.
Payment type | Bank transfer |
Description | Trustly enables customers to make a purchase online by capturing their online banking credentials and performing the transaction on their behalf. By using this method, they can enable one-off transactions in most countries they cover and recurring payments in Sweden. |
Currency | € (Euro), SEK, GBP |
Key markets | 29 countries across Europe |
Key fact | Trustly reached 67 million end customers in 2016 |
Payment use case | eCommerce, One-off transactions |
Benefits | Real-time |
Considerations | Works well for one-off transactions assuming the customer is comfortable entering their online banking credentials. |
Example merchants | PayPal, Wise, Skrill |
Additional facts + figures |
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