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Trustly is an account-to-account (A2A) payment platform that gives its consumers a secure and quick banking experience. It lets consumers pay merchants directly from their online bank accounts.
This platform can handle the whole payment process which is different from its competitors. It offers a better alternative to traditional card banking at a lower cost.
Four industries where you can see Trustly as a preferred payment method:
Listed below is additional information about this leading digital account-to-account payment.
Real Cash to E-Money
Transitioning from paper bills to electronic money is happening rapidly. Alongside this, money movement in this day and age is also happening in real-time. So, people now are so lucky for having more banking convenience compared to days of yore.
Trustly also powers Pay N’ Play. Players can immediately play their favourite games with a swift deposit from the consumer’s bank account. It has built a firm relationship with leading brands and is used across all verticals. These can be online platforms like sports betting sites and casinos like casinoutanspelpaus.io.
Trustly is now part of FedNow’s drafting committee, the Federal Reserve’s real-time payment system launching in July. This is a major processor of today’s RTP (real-time payment) transactions.
Numerous merchants are increasingly choosing A2A (account-to-account) payments to deliver the following perks:
Open Banking
This is a secure way for customers to access their financial information or allow payment from their bank account through a third party. This feature is capable of transforming the way we use and manage money today and even in the future.
Trustly’s Open Banking aims to improve digital payments and allow European consumers to have control over their financial data.
When sharing financial data with providers means consumers have to use an application to view their finances and manage them in one place. This is where Trustly comes in. It is possible even if they have different accounts in separate banks.
This gives providers an opportunity to create and improve services such as financial management that gives value to consumers and can build strong customer loyalty.
Why use Open Banking?
Here are some reasons why Open Banking is crucial in online payment methods:
Digital Banking and Payments
As we experience technological advancement, our buying power has changed. Everything becomes digital which includes changing the way we shop, bank, and pay.
People have shifted to digital platforms in 2020 and more customers are now transacting online. As a result, the global online banking market is expected to increase in billions by 2026.
Where is Trustly available?
Trustly is available to consumers who have bank accounts in the US, Canada, and European countries like:
With the entry of Trustly, we can be assured of more convenience and faster online transactions.