Trustly Empowers foodora Customers to Pay Directly from Their Bank Accounts, Eliminating the Need for Cards

Trustly, a global leader in open banking, has announced a strategic partnership with foodora, a leading food delivery service, to introduce a groundbreaking checkout service option for foodora customers. Initially rolling out in Finland, the new payment solution will soon expand to other European markets, including Norway, Sweden, the Czech Republic, and Austria.

This cutting-edge technology enables foodora customers to pay directly from their bank accounts, eliminating the need for credit or debit cards. The streamlined payment process offers a faster, more convenient experience, leading to higher customer satisfaction and successful transactions.

The solution also brings significant benefits for foodora and its partners, such as reduced transaction costs and faster payment processing. By adopting Trustly as a preferred payment method, restaurants and shops on foodora may see increased conversion rates thanks to the efficient payment process. Trustly’s unique collection model supports rapid settlements, reduces fraud, and provides instant payouts for refunds, offering greater flexibility.

Trustly’s technology integrates seamlessly and prioritizes security, safeguarding customer data while enhancing the payment experience through encrypted data transit and non-storage of customer banking details.

Herbert Haas, Chief International Officer Europe at foodora, stated: “We chose to partner with Trustly because its cutting-edge open banking payment solution aligns perfectly with foodora’s commitment to innovation and enhancing the customer experience. Trustly’s technology offers a seamless alternative to traditional card payments, which improves transaction efficiency and potentially increases conversion for our partners.”

Jussi Lindberg, Chief Revenue Officer at Trustly, added: “We are thrilled to bring Trustly’s open banking payment solution to foodora’s platform. Our technology is designed to make online payments as simple and secure as possible. Partnering with foodora allows us to enhance the payment experience for customers and vendors alike, driving higher conversion rates and customer satisfaction.”