Trustly Partners with Ingenico for Online Banking Payments

Ingenico has announced a partnership with European payments company Trustly, that will enable customers in Europe to make secure 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 an online banking payment method now integrated into Ingenico’s payment platform.
 
Ingenico’s merchants can now get paid by their customers through a quick, seamless and secure bank transfer, receiving real-time confirmation after the checkout process has been completed. Merchants will also benefit from Trustly’s unique refund functionality. This removes administrative complexity for merchants while allowing consumers to get fast refunds, helping cut chargeback rates.
 
“As Trustly covers more than 3,300+ banks across Europe, it also means we can significantly improve our merchant proposition, particularly in geographies where online banking is the preferred payment method, such as Sweden, Finland, the Netherlands, Poland and Germany,” Nick Tubb, VP commercial affairs at Ingenico, said.
 
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 accelerate. By partnering, Ingenico and Trustly aim to enable customers to pay in a secure, convenient way that suits them, helping merchants to boost conversion and encourage repeat business.