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|
|Considerations||Works well for one-off transactions assuming the customer is comfortable entering their online banking credentials.|
|Example merchants||PayPal, TransferWise, Skrill|
|Additional facts + figures||
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