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Trustly payment method

Swedish fintech Trustly is a leader in bank transfer payments in Europe providing online banking in the Baltic and Nordic regions, and in the UK. It integrates with 6,300 banks to collect funds locally across Europe and has 6.3 million active users who use their bank account to pay via Trustly. If you’re looking to expand your business in these regions, Trustly is a must-have payment method.

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Trustly is available in the following countries: Austria, Germany, Denmark, Estonia, Spain, Finland, United Kingdom, Latvia, Lithuania, Netherlands, Norway, and Sweden.
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What is Trustly and its benefits?

Trustly bank transfer lets customers pay using their online banking credentials. Funds are instantly transferred to your business bank account without the risk of stolen payment details or fraud.

With Trustly, you can:

  • Support all European currencies
  • Increase customer loyalty with instant full or partial refunds (according to Trustly, 95% of consumers report same-day refunds make them more loyal to brand)
  • Accept secure and seamless account-to-account payments and withdrawals
  • Eliminate the risk of chargebacks and fraud

Trustly payment process

Consumers can make payments by selecting Trustly and authorizing the payment through their existing online banking environment.

  1. Shopper selects Trustly as their preferred payment method at checkout
  2. Repeat shoppers choose their saved bank and first-time shoppers enter and save bank details for future purchases
  3. Shopper logs in to their bank account
  4. Shopper completes the transaction using biometric authentication with Mobile BankID
Offer simple and safe payments with Trustly, but don’t stop there. Increase conversions by accepting many payment methods including cards and alternative payment methods like Google Pay, Apple Pay, PayPal, Click to Pay, Cofidis, Bizum, Giropay, Bancontact, Multibanco, MB WAY, SEPA Direct Debit, and SEPA Request-to-Pay.
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Get the Trustly payment integration

Start accepting Trustly bank transfer today. All you have to do is sign up for MONEI. Once you’ve been approved, contact support to configure this payment method in your store.

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