Global online payments firm Trustly has announced the launching of its new Trustly Express product, enabling faster and more reliable account-to-account (A2A) payments.
Expanding into the UK, Finland, Netherlands and Sweden, Trustly Express is meant to reduce the number of steps it takes for users during a checkout payment, creating a quick and efficient user experience.
Built on top of the bank’s PSD2 APIs, Trustly’s new offering reduces the number of steps at checkout for returning users. Instead of a regular experience, typically with a five step flow including two so called Strong Customer Authentications (SCA).
Trustly Express brings the flow down to a single payment confirmation page and only one SCA. This allows returning consumers to complete their debit payment twice as fast with the SCA step typically being biometric based.
Johan Tjärnberg, Group CEO of Trustly, commented: “Launching Trustly Express is another key step forward in our offensive plan to deliver superior value to our merchants with the key aim to enable them to further accelerate their growth.
“Being one of the first movers since A2A’s inception we are committed to continue being a game changer in our industry.”