Trustly and Spreedly Join Forces to Revolutionize Pay by Bank Solutions in the US

Trustly and Spreedly Join Forces to Revolutionize Pay by Bank Solutions in the US

Trustly, a prominent name in the Pay by Bank industry, has forged a strategic partnership with Spreedly, a leading provider of Open Payments platforms. This collaboration is set to enhance payment processing for merchants, enabling them to leverage Trustly’s robust Pay by Bank capabilities and improve conversion rates across various markets.

Partnership Overview

This partnership between Trustly and Spreedly aims to broaden the availability of Pay by Bank services. By integrating Trustly’s solutions into Spreedly’s platform, merchants can enjoy enhanced payment efficiency without disrupting their current payment infrastructures.

Key Benefits of the Trustly and Spreedly Partnership

  • Enhanced Market Reach: This collaboration will significantly increase Trustly’s market presence in the United States.
  • Seamless Integration: Merchants can incorporate Trustly’s services via Spreedly’s expansive network of payment gateways.
  • Optimized Payment Processing: The integration will facilitate merchant growth while ensuring secure and compliant payment transactions.

Driving Demand for Bank-Based Transactions

Trustly will spearhead the Pay by Bank initiative within Spreedly’s Open Payments platform. This move is a response to the growing demand for seamless bank-based transactions, utilizing data-driven insights to optimize payment processes.

Reducing Operational Risks

The combination of Trustly’s advanced account authentication technology and Spreedly’s dynamic transaction routing will:

  • Reduce operational risks for merchants.
  • Enhance authorization success rates.
  • Create a more streamlined payment experience for consumers.

Industry Insights

Ross McFerrin, Vice President of Enterprise Growth at Trustly, emphasized the significance of this collaboration, stating, “Our partnership with Spreedly marks a crucial step towards establishing a unified payments experience as an industry standard.” This integration is designed to provide merchants with a comprehensive solution to offer the best payment methods tailored to their customers’ needs, simplifying complex payment integrations.

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Rose Francois, Vice President of Global Partnerships and Business Development at Spreedly, shared her enthusiasm for the collaboration, highlighting that it allows Spreedly to embed Pay by Bank flows directly into their Open Payments platform. She stated, “Together, we will enhance payment flexibility and security, enabling merchants to meet the rising demand for efficient, data-driven payment solutions.”

For more information on Trustly and Spreedly’s offerings, visit their respective websites: Trustly and Spreedly.

Stay updated on the latest in payment technologies by following our blog for more insights on Pay by Bank solutions and partnerships.

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