Trustly, a global leader in Pay by Bank, has announced a strategic partnership with Spreedly, a leading Open Payments Platform provider.
This collaboration will enable merchants to access Trustly’s full-service Pay by Bank capabilities, improving conversion rates and optimising payment efficiency across regional and global markets, according to FF News.
The partnership aims to expand the availability of Pay by Bank services for merchants using Spreedly, increasing Trustly’s market reach in the US.
Spreedly’s broad network of payment gateways will allow merchants to integrate Trustly’s platform without disrupting their existing payments infrastructure.
Trustly will lead the Pay by Bank pillar within Spreedly’s Open Payments platform, supporting the growing demand for seamless bank-based transactions and leveraging data-driven insights for optimised payment processing.
This integration will facilitate merchant growth at scale while ensuring secure and compliant payment processing.
The combination of Trustly’s account authentication technology and Spreedly’s dynamic transaction routing will enable merchants to reduce operational risk, enhance authorisation success, and create a more seamless payment experience for consumers.
Ross McFerrin, Trustly, Inc.’s vice president of enterprise growth, said, “Our collaboration with Spreedly represents a significant step towards a unified payments experience becoming the industry standard. By integrating Trustly’s Pay by Bank offerings with Spreedly’s orchestration platform, we’re providing merchants an all-in-one solution that allows them to choose the best payment methods to offer their customers while simplifying the complexity of payment integrations.”
Rose Francois, Spreedly’s vice president of global partnerships and business development, said, “Spreedly has long demonstrated its ability to securely vault and orchestrate payments across card networks. By partnering with Trustly, we are excited to extend these benefits by embedding Pay by Bank flows directly into our Open Payments platform. Together, we’ll enhance payment flexibility and security, empowering merchants to meet the growing demand for efficient, data-driven payment solutions, while driving stronger outcomes for the broader payments ecosystem.”
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