Trustly today announces that it is merging with Silicon Valley-based PayWithMyBank to deliver transatlantic online banking payments coverage. Together, Trustly and PayWithMyBank will enable merchants with a global footprint to accept online banking payments from 600 million European and US consumers.
In many European markets, consumers are used to paying
directly with their bank account and the payment method is now also emerging in the US as a compelling alternative to credit cards. Following the merger, PayWithMyBank founder and CEO, Alexandre Gonthier, will be the US CEO, with overall responsibility for US market development. Gonthier will report to Group CEO, Oscar Berglund.
We are really excited to be part of the journey to continue to establish Trustly as the global leader in the bank-bank payments market.