Trustly partners with Fifth Third's Newline to augment the money movement sector

Since the beginning of its operations, Trustly has been focusing on making online payments as efficient and convenient as possible. The company’s product suite currently includes a payment platform that works towards bridging the gap between consumers and merchants. Also, the platform’s technology intends to ensure that transactions are processed in real-time, offering increased security for all parties involved.

Moreover, Trustly’s solutions are leveraged by several companies, with the firm forging partnerships with brands like eBay, PayPal, and Hargreaves Lansdown in Europe and FanDuel, T-Mobile, and Coinbase in North America. According to its data, Trustly augmented the performance and experience of payments for over 9,000 merchants in over 30 markets, connecting them to 650 million consumers via 12,000 banks.

In recent months, Trustly made several announcements, with the company collaborating with foodora earlier in August 2024. As part of their alliance, the two firms were set to launch a new checkout service option for foodora’s customers, initially available in Finland, followed by an expansion into other European markets, including Norway, Sweden, the Czech Republic, and Austria.