Trustly

Open banking payments across Europe and North America

SwedenFinlandDenmarkNorwayGermanyNetherlandsUKSpain+2 markets

Payment initiationAccount verificationFCA regulated

Overview

Trustly is a Swedish-founded open banking payment network with deep roots in the Nordics and strong EU coverage. Known for fast, reliable A2A payments and particularly strong in e-commerce, gaming, and financial services verticals.

Key features

Payment initiation

Account-to-account payments and checkout flows where banks expose PIS coverage.

Account verification

Bank-based checks for onboarding, name matching, and ownership validation.

PSD2-aligned connectivity

Structured around regulated access where applicable in EU markets.

Sandbox environment

Test flows before production traffic with provider tooling.

API-first integration

REST-style APIs and documentation aimed at product and engineering teams.

Documentation & guides

Onboarding materials differ by maturity — budget time for bank-specific edge cases.

Coverage

Markets where this provider commonly supports connectivity today (coverage can vary by bank and product).

Sweden
Finland
Denmark
Norway
Germany
Netherlands
UK
Spain
Italy
US

Who it's best for

Teams prioritising bank-based checkout, payouts, or lower card fees in supported corridors.
Onboarding-heavy products that need verified bank account ownership at scale.
Businesses that need credible coverage in mature open banking markets such as the UK or Germany.

Limitations

Bank coverage, SCA behaviour, and latency vary by institution — plan a pilot with your target banks.
Roadmaps change quickly in open banking — validate timelines for the countries on your launch list.