About Trustly
Trustly is a digital payment provider that allows consumers to pay directly from their bank account. It offers a bank-independent payment service that executes payments from a consumer's online bank to a merchant. Trustly's Travel product allows businesses to accept payments, issue refunds, and access user insight data. It also offers multi-currency functionality, giving businesses access to over 525 million customers in Europe, the Americas, and Australia.
Located in Sweden
Founded in 2008
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Solution details: Safe travels
Category: Financial Services |
Sub Category: Fraud prevention |
Solution description
The global cost of payments for airlines amounted to $20 billion, or 2.2% of turnover in 2022*. Direct processing fees, such as credit card interchange, is the single biggest driver. Additionally, the ecosystem around payments and transaction flows are pretty complex in the Travel industry. The large number of intermediaries, delayed settlements and higher fraud risk also drive cost and operational challenges.
Features overview
No fees
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Sales systems
B2B portal
Search interest
Better management
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Regions operating in
EMEA
Company phase
Established
Department
Finance
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Connection types
White label
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