Payments are being asked to do more than ever. Improve approval rates. Reduce cost. Deliver faster experiences. All while giving teams better visibility into what’s actually happening. But for many organizations, the real question isn’t whether payments need to evolve, it's where they actually move the needle. At Smarter Faster Payments, that’s exactly what we’ll be discussing. Trustly’s Kerrie Larpenter will join fellow industry leaders to explore where Pay by Bank is delivering the most value today and where it’s headed next: Making the Case for Pay by Bank: One-Time vs. Recurring Payments (Hosted by BNY) April 27 | 11:25 AM PT Spotlight Session: A Collaborative Vision of Customer Experience for the Future April 28 | 4:10 PM If you’ll be at SFP, let's connect. Book time with our team using the link in the comments below 👇
Trustly
Financial Services
Stockholm, Stockholm County 78,481 followers
Fast, simple and secure online banking payments
About us
Trustly was launched in 2008 and has grown rapidly over the past 16 years to become a global leader in Open Banking Payment solutions. With a mission to make online payments as seamless as possible, Trustly offers an innovative payment platform, bridging the gap between consumers and merchants. Its technology ensures that transactions are processed in real-time, providing both speed and security for all parties involved. Trustly's dedication to revolutionizing the payments industry is reflected in its collaborations with major brands such as PayPal, eBay, and Hargreaves Lansdown in Europe and FanDuel, T-Mobile, and Coinbase in North America. To date, Trustly has transformed the performance and experience of payments for over 9,000 merchants in 30+ markets, connecting them to 650+ million consumers through 12,000 banks. Trustly is a licensed Payment Institution under the second payment services directive (PSD2). It operates under the supervision of the Swedish Financial Supervisory Authority in the EU, EEA and the Financial Conduct Authority in the UK. In the US, Trustly is state-regulated as required to serve its target markets.
- Website
-
https://trustly.com
External link for Trustly
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Stockholm, Stockholm County
- Type
- Privately Held
- Founded
- 2008
- Specialties
- Fintech, e-commerce, Payments, OBeP, marketplaces, bank payments, online banking payments, travel, and Financial services
Products
Trustly
Core Banking Systems
Trustly is a global leader in Online Banking Payments. Our digital account-to-account platform redefines the speed, simplicity and security of payments, linking some of the world’s most prominent merchants with consumers directly from their online banking accounts. Trustly can handle the entire payment journey, setting us apart from the competition and enabling us to offer an attractive alternative to the traditional card networks at a lower cost. Today we serve 8,300 merchants, connecting them with 650 million consumers and 12,000 banks in over 30 countries; and in 2022 we processed over $42 billion in transaction volume in our global network. Our solutions support: - Payments - Deposits - Payouts & Refunds - Recurring Payments - Data
Locations
Employees at Trustly
Updates
-
In payments, the conversation often focuses on "controls". But the real question is how to create a fair system that balances innovation, competition, and the responsible use of data without stifling growth. In the latest article at Lawyer Monthly, our new Group Chief Legal Officer, Chantelle Zemba, shares her perspective on the evolving world of Open Banking, payments, and regulation. As Chantelle explains, we operate in a payments space where innovation is moving quickly, and where Pay by Bank is helping create more choice, flexibility, and better experiences for consumers and merchants alike. The best outcomes come when everyone across the ecosystem - banks, regulators, fintechs, merchants, and consumers work together to ensure payments are safe, resilient, and built on trust. Read the full interview in the comments below 👇
-
-
Leading the next phase of data-driven payments requires the best experts to do it. We’re pleased to welcome Randy Kern as Trustly’s new Group CTO and Chantelle Zemba as our new Group CLO. As Pay by Bank evolves, we believe the future of payments will be increasingly data-driven, reducing friction, enhancing customer experiences, and unlocking more value for merchants. With Randy and Chantelle joining, we’re strengthening the leadership needed to scale our platform globally, support our partners, and continue redefining modern payments. Welcome to Trustly, Randy and Chantelle. We’re excited for what’s ahead. Read more in the comments.
-
-
Trustly surpasses 120 million users, a major milestone for Pay by Bank. A strong signal of where payments are heading. But scale isn’t the story. What it unlocks is. As adoption grows, payments become more predictable. Fewer retries. Less friction. Better outcomes. Across the globe, market numbers show: 🇬🇧 Nearly 1 in 3 adults now use Pay by Bank (+34% YoY) 🇺🇸 100M+ consumers have authorized access to their bank data The result? ✨ Fewer failed payments. ✨ Stronger conversion. ✨ Payments that simply work. Pay by Bank is no longer an alternative. At 120 million users, it’s becoming the infrastructure for modern, friction-free payments. Full story in the comments.👇
-
In many cases, the bigger cost isn’t fraud itself. It’s good customers getting blocked in the process. False declines are rising, quietly impacting conversion and revenue. What’s changing: teams verifying customers earlier are reducing fraud without blocking legitimate users, using real bank account data. We’re at MRC | Merchant Risk Council London today talking about this trade-off. Contact Kevin Holstensson to book a meeting.
-
-
Your fraud stack is probably costing you more than fraud. False declines can cost up to 3x more than fraud losses, blocking good customers and quietly eroding brand trust. The shift we're seeing: teams that verify identity earlier in the flow, using real bank account data, are cutting fraud and recovering conversion they didn't know they were losing. We’re at MRC London next week at talking about this exact trade-off. Message Kevin Holstensson to connect.
-
-
IGA is officially underway in San Diego. Trustly is onsite to show operators how our Pay by Bank technology makes it easier for guests to fund play without needing to leave the machine. The result: more deposits, more revenue, and higher player lifetime value. Don’t miss Trustly’s Darren W. White, Head of Casino Sales, speaking at: 🎤 Beyond the Wallet: The Future of Cashless Payments in Tribal Gaming 🗓 April 1 | 🕒 3:00 p.m. PT 📍 DigitalPlay Stage Book time with our team using the link in the comments below.
-
-
Payments shouldn’t interrupt the game. That’s why Trustly brings funding directly to the casino machine. Trustly will be at the Indian Gaming Tradeshow & Convention, March 30-April 2, showing how our technology helps operators drive more deposits, higher conversion, and stronger player lifetime value — all while keeping guests on the floor. To learn more, tune into Darren W. White, Trustly’s Head of Casino Sales, speaking at: Beyond the Wallet: The Future of Cashless Payments in Tribal Gaming 🗓 April 1 | 🕒 3:00 p.m. 📍 DigitalPlay Stage If you’ll be at IGA, let’s connect. Schedule time with our team using the link in the comments below.
-
-
MRC Vegas is officially underway. If fraud prevention and stronger payment performance are top priorities for your team this year, let’s talk. When payments and fraud prevention work together, results follow: ✔️Bank-level authentication and patented ID verification ✔️Higher approval rates and zero card-related declines ✔️No traditional card chargebacks ✔️Real-time deposits and payouts Schedule time to chat using the link in the comments below.
-
-
Risk teams don’t get applause when things go right. They just get fewer headaches. We’re heading to MRC Vegas March 16-19 to connect with risk and payments leaders who are rethinking how fraud prevention starts at checkout. Our team will be onsite to share how Trustly helps merchants: ✔️Minimize chargebacks by eliminating card exposure ✔️Strengthen onboarding with verified bank data and patented ID authentication ✔️Deliver dependable real-time deposits and payouts without storing credentials When payments and fraud prevention work together, risk drops. That’s the kind of alignment we like to see. Book time with our team using the link in the comments below.
-