STOCKHOLM, August 9, 2017 – Trustly, the European payments company, is pleased to announce its partnership with leading Nordic e-commerce-focused payments provider Qliro. Qliro powers payments for several of the Nordic region’s largest and most well-known online retailers including CDON.com, Nelly.com and Gymgrossisten. The partnership, initiated after a successful trial period in the first part of 2017, will make Trustly a permanent online banking option for Qliro’s express checkout service, Qliro One.
In 2016, Qliro launched Qliro One, an online checkout service providing retailers with a user-friendly, front end adjustable and cost-efficient alternative to existing solutions. With Trustly integrated as a payment option in Qliro One, retailers can now let their customers pay directly from their bank account.
“We want to empower online consumers and let them make payments in their preferred way. Therefore, it’s massively important for both consumers and merchants that we offer a wide range of payment options, including great direct banking options. Consequently, we are very pleased to initiate a partnership with Trustly, which has superb bank coverage not only in the Nordics but also across Europe,” said Patrik Illerstig, CEO at Qliro.
“We are delighted to partner with Qliro and for Trustly to become the online banking payment method in the checkout of some of the Nordic region’s most well-known e-com franchises. Today many shoppers abandon their carts because their preferred payment method is not available. Trustly allows millions of European customers to pay in their preferred way and as such drives conversion for merchants,” said Oscar Berglund, CEO at Trustly.
Founded in 2014, Qliro is a Nordic FinTech company specializing in e-commerce payments & digital consumer finance. Today, the company has 170+ employees from more than 25 different countries serving over two million customers. Qliro is a regulated company under the supervision of the Swedish Financial Service Authority (FI).
Founded in 2008, Trustly Group AB is a Swedish FinTech company that makes online banking e-payments fast, simple and secure. The company offers cross-border payments to and from consumer bank accounts at over 3300 banks in 29 European markets and connects businesses and consumers within e-commerce, travel, gaming and financial services. In 2017, the Financial Times ranked Trustly as one of the fastest growing companies in Europe on the FT1000 list.
Trustly has 160 employees and is headquartered in Stockholm, Sweden, with regional offices in Spain, Malta, Germany and the UK. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Supervisory Authority. Read more at www.trustly.com