Ingenico and Trustly partner for online bank transactions

Tuesday 16 October 2018 11:44 CET | News

Ingenico has announced a partnership with European payments company Trustly, which will enable customers in Europe to make online transactions directly from their bank account.

The collaboration will see Ingenico expand its range of online payment solutions and enhance its position in 26 European countries, with online banking payment method now integrated into Ingenico’s payment platform.

Ingenico’s merchants can now get paid by their customers through a bank transfer, receiving real-time confirmation after the checkout process has been completed. Merchants will also benefit from Trustly’s refund functionality. This removes administrative complexity for merchants while allowing consumers to get fast refunds, helping cut chargeback rates.

According to Trustly, 93% of European citizens use their bank accounts as their primary funding source. Meanwhile, 44% of all Europeans with access to a bank account regularly use internet banking – a figure that is rising significantly every year as digital innovation and access accelerates.

Ingenico Group provides solutions to empower commerce across all channels, in-store, online and mobile. For more information about Ingenico ePayments, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

Founded in 2008, Trustly is a Swedish fintech company that offers cross-border payments to and from consumer bank accounts at over 3,300 banks in 29 European markets and connects businesses and consumers within ecommerce, travel, gaming and financial services. For more information about Trustly and for a complete list of their services and offerings, please visit our online payments company database.

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Keywords: Ingenico, Trustly, online bank, transactions, merchants, payments
Countries: World