Cloud-native payment platform Gr4vy has extended its partnership with Open Banking platform Trustly to launch in Europe.
The European launch follows the rollout of the partnership in the US in June 2023. The partnership allows Gr4vy’s online merchants to include Trustly as a payment option, offering greater flexibility and convenience to customers.
Through the integration with Trustly, Gr4vy’s merchants will be able to access improved approval rates as well as payment acceptance costs.
John Lunn, Chief Executive Officer, Gr4vy, commented: “We are excited to announce that we have added Trustly to our more than 100 partners worldwide and look forward to the opportunities that it will provide to continue to enhance our offering and improve client experience in Europe, opening new doors for our merchants and improving our ability to meet their needs.”
The launch of the partnership in Europe will enable Gr4vy and Trustly to bring the aforementioned benefits to clients operating in these markets, as well as creating new growth opportunities in Europe for both companies.
Gr4vy may also benefit from Trustly’s latest AI-powered product launch, which aims to streamline subscription payment acceptance and simplify recurring payments.
Jussi Lindberg, Chief Revenue Officer, Trustly, added: “The launch of our partnership with Gr4vy in Europe marks an exciting step forward for our business, following a series of positive updates from Trustly in recent months.
“We look forward to bringing the full range of benefits supported by our collaboration with Gr4vy to our European customers and continuing to strengthen our relationship in the years ahead.”
