Trustly, the global leader in Pay by Bank solutions, today announced a strategic partnership with Spreedly, the world’s foremost Open Payments Platform. This collaboration will empower merchants with full-service access to Trustly’s Pay by Bank capabilities, driving improved conversion rates and optimizing payment efficiency across both regional and global markets.
Through this partnership, businesses leveraging the Spreedly platform will seamlessly integrate Trustly’s Pay by Bank services, thereby expanding Trustly’s market presence in the U.S. Spreedly’s extensive network of payment gateways enables merchants to adopt Trustly’s solution without disrupting their existing payment infrastructure. As part of the collaboration, Trustly will lead the Pay by Bank segment within Spreedly’s Open Payments platform, addressing the increasing demand for such solutions in the U.S. and harnessing the power of data-driven insights across the entire payment ecosystem.
The integration of Trustly’s Pay by Bank and account authentication capabilities is designed to support scalable merchant growth while maintaining secure and compliant payment processing. By combining Trustly’s proprietary bank connectors and patented risk engine with Spreedly’s dynamic transaction routing, merchants can expect reduced operational risk and improved authorization success. The availability of real-time Pay by Bank data and intelligent routing will further streamline the payment experience for consumers, ultimately resulting in higher conversion rates.
Ross McFerrin, Vice President of Enterprise Growth at Trustly, stated, “Our collaboration with Spreedly represents a significant step towards establishing a unified payments experience as the industry standard. By integrating Trustly’s Pay by Bank offerings with Spreedly’s orchestration platform, we are providing merchants with an all-in-one solution that allows them to choose the best payment methods for their customers while simplifying the complexities of payment integrations.”
Rose Francois, Vice President of Global Partnerships and Business Development at Spreedly, added, “Spreedly has long demonstrated its ability to securely vault and orchestrate payments across card networks. Through our partnership with Trustly, we are excited to extend these benefits by embedding Pay by Bank flows directly into our Open Payments platform. Together, we will enhance payment flexibility and security, empowering merchants to meet the growing demand for efficient, data-driven payment solutions and driving stronger outcomes across the payments ecosystem.”
This strategic alliance underscores both companies’ commitment to delivering innovative, secure, and efficient payment solutions to merchants worldwide.