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Trustly

Trustly is considered to be one of the leaders of bank transfer payments in key European markets. With Trustly, consumers can make fast, simple, and secure payments directly from their bank accounts, with no risk of stolen details or fraud.

With a merchant base of 8,000, Trustly integrates with 6,300 banks to collect funds locally across Europe and offers real-time reconciliation through proprietary integrations to these accounts.

Consumers make e-commerce payments by selecting Trustly and authenticating the payment through their existing online banking interface.

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Availability Available with PPRO
Type Bank transfer
Company behind LPM Trustly Group AB
Market share details Trustly reported 51% year-on-year growth for H1 2021, delivering revenue equivalent to US$ 130 million.
Market relevance High
Regions
Eastern Europe & the CIS, North America, Western & Central Europe
Countries
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia + 22
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, United States

Why Trustly

1
Continued year on year growth: Trustly reported 42% year on year growth for 2020, delivering revenue equivalent to USD $227 million
2
With a merchant base of 8,000, refunds are paid instantly to consumers from the merchant’s balance with Trustly: Trustly research found 95% of consumers report same-day refunds make them more loyal to a merchant.
3
Using Trustly maximises conversion in Sweden, Finland, the Baltics, Netherlands, Poland, Germany and Austria. According to Trustly, these markets comprise 75% of their 6.3M European active users, where Trustly supports over 90% of consumer bank accounts.

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