Trustly And Spreedly Partner To Accelerate Pay By Bank Via Open Payments Platform

Spreedly will now seamlessly integrate Trustly’s Pay by Bank offerings for merchants

SAN CARLOS, Calif.--(BUSINESS WIRE)--Trustly, the global leader in Pay by Bank, today announced a partnership with Spreedly, the world’s leading Open Payments Platform. Together, Trustly and Spreedly will provide merchants with full-service access to Pay by Bank to drive improved conversion rates and optimize payment efficiency across expanded regional and global markets.

Through this collaboration, businesses using Spreedly will now gain access to Trustly's Pay by Bank capabilities, increasing Trustly’s market reach in the U.S. Spreedly’s wide range of payment gateways will give merchants access to Trustly’s platform without interruption to their existing payments infrastructure. Trustly will spearhead the Pay by Bank pillar of Spreedly’s Open Payments platform, which is designed to meet the growing demand for Pay by Bank solutions in the U.S. and to leverage the power of data and insights across the entire payment ecosystem. By working together, Trustly and Spreedly will empower merchants with greater payment flexibility and intelligence.

This seamless integration of Trustly’s Pay by Bank and account authentication capabilities is built to support merchant growth at scale while ensuring secure and compliant payment processing. Trustly’s proprietary bank connectors and patented risk engine, combined with Spreedly’s dynamic transaction routing, will provide merchants with reduced operational risk and improved authorization success. Real-time Pay by Bank data and intelligent routing will lead to a streamlined payment experience for consumers, driving higher conversion rates.

“Our collaboration with Spreedly represents a significant step towards a unified payments experience becoming the industry standard,” said Ross McFerrin, Vice President of Enterprise Growth at Trustly, Inc. “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.”

“Spreedly has long demonstrated its ability to securely vault and orchestrate payments across card networks, and by partnering with Trustly, we are excited to extend these benefits by embedding Pay by Bank flows directly into our Open Payments platform,” said Rose Francois, Vice President of Global Partnerships and Business Development at Spreedly. “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.”

About Trustly

Trustly is the global leader in Pay by Bank solutions. For more than a decade, it has sustained rapid growth while consistently maintaining profitability. Through its outstanding Open Banking platform, Trustly offers innovative payment experiences, connecting consumers and merchants. Its patented technology ensures that transactions are processed in real-time, providing both speed and security.

Trustly's dedication to reimagining how the world pays is reflected in its collaborations with major brands such as PayPal, eBay, and Hargreaves Lansdown in Europe and FanDuel, T-Mobile, and Coinbase in North America. To date, Trustly has transformed the performance and experience of payments for over 9,000 merchants in 30+ markets, connecting them to 650+ million consumers through 12,000 banks. In 2024, Trustly processed nearly $100 billion in total payments value.

Trustly, launched in 2008, is a licensed Payment Institution under the second payment services directive (PSD2). It operates under the supervision of the Swedish Financial Supervisory Authority in the EU, EEA and the Financial Conduct Authority in the UK. In the US, Trustly is state-regulated as required to serve its target markets.

For further information, please visit:

Website: https://us.trustly.com/

LinkedIn: https://www.linkedin.com/company/trustly/

About Spreedly

Spreedly’s open payments platform enables access to the global consumer, processing more than $50B GMV annually in more than 100 countries. Built to overcome the challenges of commerce in a cashless world, we empower our merchants through an open, secure and inclusive payment ecosystem, unlocking choice among PSPs, fraud tools and other innovative payment services.

For further information, please visit:

Website: https://www.spreedly.com

LinkedIn: https://www.linkedin.com/company/spreedly/

Contacts

Abby Duke, PR Manager, Trustly
+1 (872) 335-8618