PayPal partners TrustPay to release bank top-up functionality

Tuesday 30 October 2012 00:12 CET | News

PayPal Central & Eastern Europe and TrustPay, a bank transfer network with coverage in Eastern Europe, have inked a contract to release bank top-up functionality for all PayPal customers in three new countries, namely Estonia, Hungary and Slovenia.

The newly introduced feature allows customers to transfer money from their bank account to PayPal accounts and pay online without the need of using a bank card. The service is aimed at PayPal users who prefer to use their bank accounts for paying online and do not want to rely on bank cards. Funds or balance in the PayPal account will enable consumers to shop worldwide.

Earlier in 2012, the service has also been launched in Czech Republic and Slovakia.

TrustPay is a licensed payment institution which specializes on solutions for payments. The company’s services include provision of a platform for payment operations in Central and Eastern Europe and providing services connected to instant bank transfers and payment cards acceptance.

In recent news, PayPal Central & Eastern Europe has made new appointments to drive growth in cross-border trade, launch new initiatives based on mobile solutions and focus on domestic needs in selected countries.

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Keywords: PayPal, TrustPay, bank top-up, online payments, PayPal account, bank account
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce