Trustly

Open banking payments provider used for account-to-account deposits and payouts in North America.

Trustly operates account-to-account payments built on open banking, connecting a consumer's bank directly to a merchant without a card network in between.

Card acquiring has historically been cautious about the sweepstakes vertical, which pushes coin purchases and prize redemptions towards bank rails. Account-to-account transfer also gives the operator a verified bank identity at the moment of payout, which supports the verification step.

Our payments hub covers open banking and the wider rail landscape in more depth.

Category: payments and redemption
Capabilities: Open banking payments, Account-to-account payouts, Bank identity verification

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