Trustly opens office in Helsinki to meet increasing demand from Finnish online businesses

Trustly opens office in Helsinki to meet increasing demand from Finnish online businesses
09.11.2018 07:31 am

Trustly opens office in Helsinki to meet increasing demand from Finnish online businesses

Payments , Banking

Trustly, the European payments company, today announces that it has opened a new office in Helsinki to meet a growing demand for its fast, simple and safe payment method from Finnish online businesses and their customers.

While direct online bank payments are popular among consumers throughout Europe, they are especially relevant in the Finnish market, where 40% of online shoppers prefer to pay by this method, compared to 23% among its Swedish neighbours, according to Trustly’s “The State of Online Banking 2017” report. 

Johan Nord, Chief Commercial Officer at Trustly said: 

“We see a great momentum in the Finnish market. There is already a high preference for direct online bank payments among Finnish consumers as they are digitally savvy and appreciate the speed, simplicity and security the method affords.

Trustly’s unique embedded bank payments technology allows consumers to make payments without leaving the merchant's site, which is proven to increase conversion.

Mikko Kairtamo, Sales Executive for the Finnish market, said:

“I am thrilled that we now are set to support existing and new customers locally. It’s essential for online merchants to support local bank payment preference to maximise conversion and with Trustly merchants can offer instant pay-outs and fast refunds to consumers, regardless of what bank they have. Trustly is also valuable to Finnish businesses looking to grow internationally because with one easy integration, they can accept payments from more than 400 million consumers in 29 European markets. 

Trustly’s new office is located in the middle of Helsinki in the Kaartinkaupunki area, staffed by an experienced local team specializing in online account-to-account payments, with deep insights into the European payments landscape. 

Related News

Mastercard and P27 Nordic Payments Platform Cooperate to Build a World First Real-Time Payments System Across the Region

Today P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) and Mastercard have announced a partnership to provide... Read more »

EMVCo Launches EMV® 3-D Secure 2.2.0 Testing Programme

EMVCo has updated the EMV® 3-D Secure (EMV 3DS) Testing Programme which includes test platform and process updates to support the EMV 3DS 2.2.0 Core Specification and EMV 3DS 2... Read more »

Chip Mong Bank launches in-house processing centre

Chip Mong Bank (CMCB) - a newly established bank and subsidiary of Cambodian conglomerate Chip Mong Group - has launched its in-house processing centre built on TranzWare from... Read more »

Yolt Pay Reaches its Final Stages in Beta after Launching with Nationwide, Santander and Barclays PIS

Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays. Following the... Read more »

InstaReM Partners with The ROOT Academy (R66T Academy)

InstaReM, a leading digital cross-border money transfer & payments service provider with presence across Southeast... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel